Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
UNITED STATES - JAPAN FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)10045 RED RUN BLVD 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
OWINGS MILLS, MD21117
A Employer identification number

13-3054425
B Telephone number (see instructions)

(212) 481-8753
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$97,662,123J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 650
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,066,877 2,066,877  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,397,882
b Gross sales price for all assets on line 6a 12,344,910
7 Capital gain net income (from Part IV, line 2)... 1,397,882
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
371 -56,877  
12 Total. Add lines 1 through 11........ 3,465,780 3,407,882  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 184,028 2,208   92,014
14 Other employee salaries and wages...... 512,887 6,155   400,019
15 Pension plans, employee benefits....... 149,777 1,797   97,991
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
45,643 0   45,643
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
253,500 76,050   129,600
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
124,156 119,141   5,015
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
365,303 0   0
19 Depreciation (attach schedule) and depletion... 11,424 0  
20 Occupancy.............. 985,667 0   936,384
21 Travel, conferences, and meetings....... 300,208 0   255,177
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
703,303 13,118   670,384
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,635,896 218,469   2,632,227
25 Contributions, gifts, grants paid....... 407,579 488,304
26 Total expenses and disbursements. Add lines 24 and 25 4,043,475 218,469   3,120,531
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -577,695
b Net investment income (if negative, enter -0-) 3,189,413
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 284,535 939,841 939,841
2 Savings and temporary cash investments......... 821,372 31 31
3 Accounts receivable right arrow114,202
Less: allowance for doubtful accounts right arrow   15,223 114,202 114,202
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 227,437 166,232 166,232
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 85,989,796 Click to see attachment
List of Attached Documents:
// Content
96,308,932 		96,308,932
14 Land, buildings, and equipment: basis right arrow168,404
Less: accumulated depreciation (attach schedule) right arrow97,773 32,164 70,631 70,631
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,237,148 		Click to see attachment
List of Attached Documents:
// Content
62,254 		Click to see attachment
List of Attached Documents:
// Content
62,254
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 88,607,675 97,662,123 97,662,123
Liabilities 17 Accounts payable and accrued expenses.......... 373,130 182,539
18 Grants payable................. 311,939 231,214
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,148,159 		Click to see attachment
List of Attached Documents:
// Content
98,856
23 Total liabilities (add lines 17 through 22)......... 1,833,228 512,609
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 86,774,447 97,149,514
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 86,774,447 97,149,514
30 Total liabilities and net assets/fund balances (see instructions). 88,607,675 97,662,123
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
86,774,447
2
Enter amount from Part I, line 27a .....................
2
-577,695
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
10,952,762
4
Add lines 1, 2, and 3 ..........................
4
97,149,514
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
97,149,514
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a JP MORGAN P    
b VANGUARD P    
c JP MORGAN POOLED P    
d CROSSHARBOR P    
e FARALLON CAPITAL INSTITUTIONAL PARTNERS P    
HEALTHCARE ROYALTY P    
HARBOURVEST FEEDER P    
KKR ENERGY P    
KKR INDEPENDENCE ENERGY P    
OCA SILVER LAKE V P    
OCA PATRIA V P    
OCA BREDS III P    
LOSS FROM OFFICE LEASE BUYOUT P    
LOSS FROM DISPOSE OF OFFICE EQUIPMENT P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,433,177     80,995
b 7,139,288     1,447,407
c 3,616     -94,465
d 28,703     -8,281
e 4,202     629
214,610     -31,608
7,499     -2,272
704,321     -314,121
177,650     91,012
53,017     -229,481
426,763     460,845
152,064     7,840
      -8,583
      -2,035
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       80,995
b       1,447,407
c       -94,465
d       -8,281
e       629
      -31,608
      -2,272
      -314,121
      91,012
      -229,481
      460,845
      7,840
      -8,583
      -2,035
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,397,882
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 44,333
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 44,333
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 44,333
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 104,465
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 104,465
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 60,132
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow60,132 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment
List of Attached Documents:
// Content
....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNY
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.US-JF.ORG
14
The books are in care ofright arrowTHE FOUNDATION Telephone no.right arrow (212) 481-8753

Located atright arrow10045 RED RUN BLVD 250OWINGS MILLSMD ZIP+4right arrow21117
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16Yes  
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrowJA
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JACOB M SCHLESINGER PRESIDENT & CEO (STARTED 4/6/2023)
40.00 		184,028 55,528 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
LAWRENCE K FISH BOARD OF TRUSTEES CHAIRMAN
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
WENDY CUTLER BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
RICHARD E DYCK BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
COLLEEN HANABUSA BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
JAMES M KONDO BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
CRAIG MULLANEY BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
TAKESHI NIINAMI BOARD OF TRUSTEES VICE CHAIRMAN
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
RICHARD J SAMUELS BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
DONNA TANOUE BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
KEIKO TASHIRO BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
TAKESHI UESHIMA BOARD OF TRUSTEES
1.00 		0 0 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
KELLY NIXON PROGRAM OFFICER
40.00 		219,755 24,818 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
AYA TSUJITA EMPLOYEE
40.00 		129,134 23,250 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
TOMOYUKI WATANABE EMPLOYEE
40.00 		113,388 28,851 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
YUKO MOCHIZUKI EMPLOYEE
40.00 		50,610 17,331 0
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
GORFINE SCHILLER & GARDYN PA ACCOUTING SERVICES 225,000
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
VANGUARD INVESTMENT MANAGEMENT 55,579
PO BOX 3009
MONROE,WI535668309
TAKEDA AND PARTNERS GODO GAISHA RECRUITMENT 52,357
6-1-11-609 AKEMI URAYASU
CHIBA   279-0014
JA
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 U.S.-JAPAN LEADERSHIP PROGRAM - A PROGRAM WHICH DEVELOPS A NETWORK AMONG GENERATIONS OF LEADERS IN EACH COUNTRY THROUGH CONFERENCES, A WEBSITE, NEWSLETTERS AND FREQUESNT REUNIONS. 779,685
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
90,901,370
b
Average of monthly cash balances.......................
1b
544,556
c
Fair market value of all other assets (see instructions)................
1c
413,319
d
Total (add lines 1a, b, and c).........................
1d
91,859,245
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
91,859,245
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,377,889
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
90,481,356
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,524,068
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
4,524,068
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
44,333
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
44,333
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,479,735
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,479,735
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
4,479,735
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
3,120,531
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,120,531
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 4,479,735
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,269,129
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 3,120,531
a Applied to 2022, but not more than line 2a 2,269,129
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 851,402
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		3,628,333
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
UNITED STATES-JAPAN FOUNDATION
10045 RED RUN BLVD SUITE 250
OWINGS MILLS,MD21117
(212) 481-8753
PROGRAMS@US-JF.ORG
bThe form in which applications should be submitted and information and materials they should include:
A 3-4 PAGE LETTER OF INQUIRY (LOI) THAT CLEARLY EXPRESSES PROJECT'S GOALS AND OUTLINES HOW THE PROJECT WILL ENHANCE US-JAPAN RELATIONS AND UNDERSTANDING, OR ADDRESS A CHALLENGE FACING BOTH NATIONS. LETTERS MAY BE WRITTEN IN JAPANESE OR ENGLISH. COVER SHEET MUST BE ATTACHED TO THE LOI. THOSE INVITED TO SUBMIT A FULL PROPOSAL WILL HAVE 30 DAYS TO DO SO. UNINVITED PROPOSALS WILL NOT BE CONSIDERED. PROPOSALS MUST ADHERE TO THE FORMAT OUTLINED HERE. THE NARRATIVE PORTION OF THE PROPOSAL - FROM ABSTRACT TO ABOUT THE APPLYING INSTITUTION(S) - SHOULD BE APPROXIMATELY 4,000WORDS OR LESS. PROPOSALS CAN BE SINGLE-SPACED OR DOUBLE-SPACED. PROPOSALS MUST BE WRITTEN IN ENGLISH. PROPOSALS SHOULD BE SENT ELECTRONICALLY TO PROGRAMS@US-JF.ORG. YOU DO NOT NEED TO SEND A HARD COPY OF THE PROPOSAL.
cAny submission deadlines:
LETTERS OF INQUIRY BY JUNE 28TH AND FULL PROPOSAL BY SEPTEMBER 30.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANTS TO BE USED FOR PROJECTS THAT ADDRESS SHARED CHALLENGES, SUCH AS CLIMATE CHANGE, NATURAL DISASTERS, AND GEOPOLITICAL DISRUPTIONS AND STRENGTHEN US-JAPAN RELATIONS.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

GLOBALIZE DC

3601 CONNECTICUT AVE NW 500
WASHINGTON,DC20008 		  PC GLOBALIZE DC WORKS TO EXPAND ACCESS FOR DC PUBLIC SCHOOL STUDENTS TO HIGH QUALITY GLOBAL EDUCATION, LANGUAGE LEARNING, AND STUDY ABROAD OPPORTUNITIES. 27,940

US JET PROGRAM ALUMNI ASSOCIATION

1201 15TH ST NW SUITE 330
WASHINGTON,DC20005 		  PC IDENTIFYING & SUSTAINING JET PROGRAM ALUMNI ENGAGEMENT IN US-JAPAN RELATIONS 40,000

THE NATIONAL BUREAU OF ASIAN RESEARCH

600 UNIVERSITY STREET ONE UNION
SQUARE SUITE 1012
SEATTLE,WA98101 		  PC ACHIEVING RESILIENCY IN AN ERA OF DISRUPTION 63,425

INTERNATIONAL STUDENT CONFERENCES INC

1015 15TH ST NW SUITE 600
WASHINGTON,DC20005 		  PC THE 8TH TRILATERAL FORUM & SYMPOSIUM 20,000

THE ASIA SOCIETY

725 PARK AVE
NEW YORK,NY10021 		  PC DEFENDING THE U.S.-JAPAN ALLIANCE IN AN AGE OF GROWING ISOLATIONISM 25,000

KYOTO UNIV & UNV OF COLORADO BOULDER

GOKASHO UJI
KYOTO   611-0011
JA 		  PC PLANNING FOR ENHANCED SEISMIC POTENTIAL IN THE NANKAI REGION OF JAPAN: REGIONAL WORKSHOPS AND PLANNING GUIDANCE FOR MUNICIPAL GOVERNMENT 73,945

KIZUNA ACROSS CULTURES

655 NEW YORK AVE NW 6TH FLOOR
WASHINGTON,DC20001 		  PC KIZUNA ACROSS CULTURES (KAC) IMPLEMENTS THE FOLLOWING TWO PROJECTS: 1)THE GLOBAL CLASSMATES PROGRAM, THE VIRTUAL BILINGUAL EXCHANGE FOR YOUTH IN THE UNITED STATES AND JAPAN, WHICH WILL BE IMPLEMENTED FROM SEPTEMBER 2023 TO FEBRUARY 2024 2) TWO VIRTUAL CAREER EVENTS FOR GLOBAL CLASSMATES COMMUNITY THAT SERVES PROGRAM ALUMNI AND OTHER ASPIRING YOUTH WHO SEEK TO ENRICH THEIR CAREERS THROUGH U.S.-JAPAN OPPORTUNITIES. THROUGH SERVING A TOTAL OF 76 HIGH SCHOOLS (38 FROM THE U.S. AND 38 FROM JAPAN) WITH AN ESTIMATED 2,000 PARTICIPANTS, GLOBAL CLASSMATES WILL CONTINUOUSLY EXPAND THE HORIZONS OF U.S.-JAPAN RELATIONS BY BRINGING A VAST NUMBER OF DIVERSE YOUTH ACROSS BOTH COUNTRIES TO THE STARTING POINT OF THEIR ENGAGEMENT WITH U.S.-JAPAN RELATIONS. IN ADDITION, THE VIRTUAL CAREER PANEL EVENTS OFFERED TO GLOBAL CLASSMATES (ALUMNI) COMMUNITY WILL FURTHER ENGAGE HIGH-POTENTIAL YOUTH AS FUTURE LEADERS OF U.S.-JAPAN RELATIONS. 25,080

COLUMBIA UNIVERSITY

615 WEST 131ST STREET 6TH FLOOR MC
8725
NEW YORK,NY100277922 		  PC TO SUPPORT ACADEMIC RESEARCH TO ADDRESS DYNAMIC DISASTER SCENARIOS IN 3 MEGACITIES TO ENHANCE URBAN RESILIENCE VIA DATA ANALYSIS AND SIMULATION OF HAZARDS/HUMAN RESPONSES TO BE SHARED WITH FIRST RESPONDERS AND LOCAL GOVERNMENTS. 125,000

JAPAN SOCIETY INC

333 EAST 47TH STREET
NEW YORK,NY10017 		  PC JAPAN SOCIETY (JS) PROPOSES LONG-TERM, MULTI-YEAR PARTNERSHIPS WITH PRE-SELECTED NEW YORK CITY PUBLIC SCHOOLS IN UNDERSERVED COMMUNITIES. THROUGH THE JAPAN SOCIETY SCHOOL PARTNERSHIP (JSSP) PROGRAM, PARTNER SCHOOLS WILL CHOOSE TO PARTICIPATE IN A SLATE OF PROGRAMS IN LANGUAGE, ARTS, CULTURE AND HISTORY, ALL FREE OF CHARGE AT JAPAN SOCIETY'S LANDMARK BUILDING. 50,000

WOMEN'S NET KOBE

AKIMAI BUILDING 1F 6-7-9
KOBE   650-0022
JA 		  PC WNK IS FUND RAISING TO BUILD A "WOMEN'S HOUSE" IN KOBE TO HOUSE SOME 40 FAMILIES WHO ARE SUFFERING FROM SUCH CASES, WHO HAVE NO SAFE SPACES AND WITHOUT FUNDING OR GUARANTORS TO SECURE HOUSING ON THEIR OWN, AS WELL AS 15 INTERNATIONAL STUDENTS WHO HAVE NO PERMANENT HOME. 37,914
Total .................................right arrow 3a 488,304
bApproved for future payment

CHICAGO COUNCIL ON GLOBAL AFFAIRS
180 N STETSON AVE SUITE 1400
CHICAGO,IL60601 		  PC US-JAPAN PUBLIC OPINION PROJECT: THIS RESEARCH PROJECT WILL EXAMINE AMERICAN PUBLIC PERCEPTIONS OF JAPAN AND THE US-JAPAN ALLIANCE AS PART OF THE COUNCIL'S 2023 AND 2024 CHICAGO COUNCIL SURVEYS, INVESTIGATE THE VIEWS OF FOREIGN POLICY OPINION LEADERS ON THE US-JAPAN ALLIANCE AS PART OF THE COUNCIL'S 2024 OPINION LEADERS SURVEY, AND COMPARE AMERICAN AND JAPANESE PUBLIC OPINION ON THE US-JAPAN RELATIONSHIP AND THE TWO NATIONS' REGIONAL AND GLOBAL ROLES AS PART OF A JOINT RESEARCH PROJECT WITH THE JAPAN INSTITUTE FOR INTERNATIONAL AFFAIRS (JIIA). 30,000

HUMAN SECURITY FORUM
3F SHINJUKU-DAI7-HARAYAMA BLDG 36-2
SHINJUKU 1-CHROME SHINJUKU
TOKYO   160-0022
JA 		  PC SUPPORTING SINGLE MOTHERS AND CHILDREN IN KESENNUMA, HARD-HIT AREAS. NEW IT EMPOWERMENT MODEL TO DISRUPT THE CYCLE OF POVERTY AFFECTED BY TSUNAMI AND COVID-19. 55,526

KNOX ENGLISH NETWORK
203 1-44-3 ICHINOMIYA
TAMA   206-0002
JA 		  PC LEADERS EMPOWERMENT INITIATIVE (GLOBAL TALK) 18,044

SUMTER COUNTY SCHOOLS
100 LEARNING LANE
AMERICUS,GA31719 		  PC SUMTER COUNTY AND MIYOSHI-CITY EXCHANGE PROGRAM 25,000

WOODLAND HILLS HIGH SCHOOL
2550 GREENSBURG PIKE
PITTSBURGH,PA15221 		  PC THE TECHNOLOGICAL SPENDORS OF EAST ASIA 26 WEEKS DURING THE SCHOOL YEAR W/9 DAY TRIP. 20,000

INSTITUTE OF INDUSTRIAL SCIENCE THE UNIVERSITY OF TOKYO
DLX DESIGN LAB S-207 4-6-1 KOMABA
MEGURO-KU
TOKYO   153-8505
JA 		  PC CORAL CONSERVATION TOGETHER - A US/JAPAN STEAM EDUCATION PROGRAM 82,644
Total ................................. right arrow 3b 231,214
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,066,877  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,397,882  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFOREIGN CURRENCY EXCHANGE LOSS 		    01 -6,683  
bCROSSHARBOR 525990 34,969      
cFARALLON CAPITAL INSTITUTE 525990   01 -439  
dHEALTHCARE ROYALTY     01 36,484  
eKKR ENERGY 525990 11,548 01 -80,146  
fKKR INDEPENDENCE ENERGY 525990 10,731 01 -100,912  
gOCA SILVER LAKE V     01 229,007  
hOCA PATRIA V     01 -126,361  
iOCA BREDS III     01 -7,827  
12 Subtotal. Add columns (b), (d), and (e) .. 57,248 3,407,882 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,465,130
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUDITING FEES 28,500 8,550   17,100
ACCOUNTING FEES 225,000 67,500   112,500

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 ExpenditureResponsibilityStmt
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
HUMAN SECURITY FORUM
  		3F SHINJUKU-DAI7-HARAYAMA BLDG 36-2
SHINJUKU 1-CHROME SHINJUKU
TOKYO   160-0022
JA 		2023-12-31 55,526 SUPPORTING SINGLE MOTHERS AND CHILDREN IN KESENNUMA, HARD-HIT AREAS. NEW IT EMPOWERMENT MODEL TO DISRUPT THE CYCLE OF POVERTY AFFECTED BY TSUNAMI AND COVID-19. 55,526 NO 90 DAYS FROM DATE OF PROJECT COMPLETION (12/31/24 PER GRANT LETTER)   THE PROJECT COMPLETION DATE IS BEYOND THE TAXABLE YEAR OF THE GRANTOR AND THE VERIFICATION PROCESS HAS NOT OCCURED AS OF 12/31/23. VERIFICATION WILL OCCUR IN 2024.
KNOX ENGLISH NETWORK
  		203 1-44-3 ICHINOMIYA
TAMA   206-0002
JA 		2023-12-31 18,044 LEADERS EMPOWERMENT INITIATIVE (GLOBAL TALK) 18,044 NO 90 DAYS FROM DATE OF PROJECT COMPLETION (12/31/24 PER GRANT LETTER)   THE PROJECT COMPLETION DATE IS BEYOND THE TAXABLE YEAR OF THE GRANTOR AND THE VERIFICATION PROCESS HAS NOT OCCURED AS OF 12/31/23. VERIFICATION WILL OCCUR IN 2024.
INSTITUTE OF INDUSTRIAL SCIENCE THE UNIVERSITY OF TOKYO
  		DLX DESIGN LAB S-207 4-6-1 KOMABA
MEGURO-KU
TOKYO   153-8505
JA 		2023-12-31 82,644 CORAL CONSERVATION TOGETHER - A US/JAPAN STEAM EDUCATION PROGRAM 82,644 NO 90 DAYS FROM DATE OF PROJECT COMPLETION (12/31/24 PER GRANT LETTER)   THE PROJECT COMPLETION DATE IS BEYOND THE TAXABLE YEAR OF THE GRANTOR AND THE VERIFICATION PROCESS HAS NOT OCCURED AS OF 12/31/23. VERIFICATION WILL OCCUR IN 2024.

TY 2023 InvestmentsOtherSchedule2
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CHARLES SCHWAB AT COST 45 45
VANGUARD AT COST 73,333,384 73,333,384
JP MORGAN & JP MORGAN POOLED AT COST 12,012,233 12,012,233
KKR ENERGY AT COST 96,612 96,612
KKR INDEPENDENCE ENERGY AT COST 739,249 739,249
CROSSHARBOR INSTITUTION AT COST 65,829 65,829
FARALLON CAPITAL INSTITUTIONAL AT COST 46,876 46,876
HEALTHCARE ROYALTY AT COST 981,714 981,714
HARBOURVEST FEEDER 2022 AT COST 192,499 192,499
HARBOURVEST FEEDER 2023 AT COST 15,714 15,714
OCA SILVER LAKE V AT COST 1,659,882 1,659,882
OCA LMMI IV AT COST 1,879,960 1,879,960
OCA PATRIA V AT COST 3,568,584 3,568,584
OCA CAPITAL SOLUTIONS OVERSEAS AT COST 145,061 145,061
OCA LCP VIII AT COST 1,335,183 1,335,183
OCA BREDS III AT COST 236,107 236,107

TY 2023 LegalFeesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 45,643 0   45,643


TY 2023 OtherAssetsSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSITS 35,348 34,808 34,808
RIGHT-OF-USE ASSETS 1,055,314 27,446 27,446
DEFERRED EXCISE TAX ASSET 146,486    


TY 2023 OtherExpensesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REPAIRS AND MAINTENANCE 9,445 0   8,973
INSURANCE 12,007 0   11,407
EQUIPMENT RENTAL 5,377 0   0
OFFICE EXPENSES 82,666 13,118   69,547
COMMUNICATION 2,511 0   2,385
RECRUITMENT COSTS 66,123 0   52,898
MEMBERSHIP FEES 9,801 0   9,801
US-JAPAN LEADERSHIP PROGRAM EXPENSES 515,373 0   515,373


TY 2023 OtherIncomeSchedule2
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FOREIGN CURRENCY EXCHANGE LOSS -6,683 -6,683 -6,683
CROSSHARBOR 34,969 0 34,969
FARALLON CAPITAL INSTITUTE -439 -439 -439
HEALTHCARE ROYALTY 36,484 36,484 36,484
KKR ENERGY -68,598 -80,146 -68,598
KKR INDEPENDENCE ENERGY -90,181 -100,912 -90,181
OCA SILVER LAKE V 229,007 229,007 229,007
OCA PATRIA V -126,361 -126,361 -126,361
OCA BREDS III -7,827 -7,827 -7,827


TY 2023 OtherIncreasesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Description Amount
PRIOR PERIOD ADJUSTMENT 53,693
UNREALIZED GAIN ON INVESTMENTS 10,899,069


TY 2023 OtherLiabilitiesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 1,148,159 26,138
DEFERRED EXCISE TAX LIABILITY 0 72,718


TY 2023 OtherProfessionalFeesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 5,015 0   5,015
INVESTMENT FEES 119,141 119,141   0


TY 2023 TaxesSchedule
Name:
UNITED STATES - JAPAN FOUNDATION
EIN:
13-3054425
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX EXPENSE 355,323 0   0
REAL ESTATE TAX 9,980 0   0