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
SMBC GLOBAL FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)277 PARK AVENUE 5TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10172
A Employer identification number

13-3766226
B Telephone number (see instructions)

(212) 224-4118
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$15,540,867J 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) 700,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 489,370 489,370  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -585
b Gross sales price for all assets on line 6a 35,146
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 1,188,785 489,370  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
32,870 3,287   29,583
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
58,598 37,491   21,107
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
6,235 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,319 0   21,319
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 119,022 40,778   72,009
25 Contributions, gifts, grants paid....... 1,200,846 1,560,230
26 Total expenses and disbursements. Add lines 24 and 25 1,319,868 40,778   1,632,239
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -131,083
b Net investment income (if negative, enter -0-) 448,592
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............. 446,551 195,076 195,076
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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.......... 23,865 17,630 17,630
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,095,187 Click to see attachment
List of Attached Documents:
// Content
10,647,119 		10,647,119
c Investments—corporate bonds (attach schedule)....... 4,371,359 Click to see attachment
List of Attached Documents:
// Content
4,681,042 		4,681,042
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)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,936,962 15,540,867 15,540,867
Liabilities 17 Accounts payable and accrued expenses.......... 50,287 35,044
18 Grants payable................. 17,130 359,384
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)    
23 Total liabilities (add lines 17 through 22)......... 67,417 394,428
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........... 13,869,545 15,146,439
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)..... 13,869,545 15,146,439
30 Total liabilities and net assets/fund balances (see instructions). 13,936,962 15,540,867
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
13,869,545
2
Enter amount from Part I, line 27a .....................
2
-131,083
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,407,977
4
Add lines 1, 2, and 3 ..........................
4
15,146,439
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
15,146,439
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 VANGUARD FUNDS P    
b
c
d
e
(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 35,146   35,731 -585
b
c
d
e
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       -585
b
c
d
e
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 -585
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 6,235
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 6,235
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 6,235
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,615
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 15,615
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 9,380
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow9,380 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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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, DE
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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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.SMBCGROUP.COM
14
The books are in care ofright arrowERIC ECKHOLDT Telephone no.right arrow (212) 224-4915

Located atright arrow277 PARK AVENUE 5TH FLOORNEW YORKNY ZIP+4right arrow10172
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? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
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)
Yes
 
(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)
 
No
(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
 
 
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
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
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
AABHA SHARMA ASSISTANT SECRETARY
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
LYNN ZILKA ASSISTANT SECRETARY
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
PETER STURZINGER ASSISTANT SECRETARY
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
WILLIAM GOUGHERTY ASSISTANT SECRETARY
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
CARL ADAMS DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
KATSUYUKI KUBO DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
LISETTE LIEBERMAN DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
ROBIN MILBERG DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
STEPBANIE BOWKER DIRECTOR
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
HIRO OSHIMA DIRECTOR/CHAIRPERSON
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
DEBBIE FREER OUTGOING DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
NATSUHIRO SAMEJIMA OUTGOING DIRECTOR/CHAIRPERSON
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
ERIC ECKHOLDT PRESIDENT
4.00 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
LEANNE MADER SECRETARY
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
KUO-CHANG KC LU TREASURER
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE NEW YORK NY 10172
NEW YORK,NY10172
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
NONE
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
NONE
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  
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
14,278,832
b
Average of monthly cash balances.......................
1b
367,738
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,646,570
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
14,646,570
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
219,699
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,426,871
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
721,344
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
721,344
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
6,235
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
6,235
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
715,109
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
715,109
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
715,109
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
1,632,239
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
1,632,239
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 7 715,109
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 10,728
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$ 1,632,239
a Applied to 2022, but not more than line 2a 10,728
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..... 715,109
e Remaining amount distributed out of corpus 906,402
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 5 906,402
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 .......... 		0
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 ...... 		906,402
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.... 906,402
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:
PRESIDENT SMBC GLOBAL FOUNDATIONINC
277 PARK AVENUE
NEW YORK,NY10172
(212) 224-4440
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS. GRANT REQUESTS SHOULD INCLUDE THE FOLLOWING INFORMATION: A DESCRIPTION OF THE ORGANIZATION, ITS HISTORY AND OVERALL PURPOSES; THE SPECIFIC PURPOSE FOR THE GRANT REQUEST, EXPLANATION OF NEED AND AMOUNT OF CASH REQUESTED; AND EVIDENCE OF THE ORGANIZATION'S TAX-EXEMPT STATUS. ADDITIONAL INFORMATION MAY BE REQUESTED BASED ON THE PROGRAM FOR WHICH THE GRANT IS BEING APPLIED.
cAny submission deadlines:
DEADLINES FOR GRANT SUBMISSIONS VARY BASED ON PROGRAM AND ARE DETERMINED AT THE TIME OF APPLICATION.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SMBC GLOBAL FOUNDATION, INC. DOES NOT RESTRICT GRANTS BY GEOGRAPHICAL AREAS. THE FOUNDATION ONLY GIVES TO INSTITUTIONS WITHIN THE UNITED STATES WHICH ARE TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, AND ONLY FOR 501(C)(3) PURPOSES OUTSIDE THE UNITED STATES. IT PROVIDES GRANTS TO PROGRAMS THAT PROVIDE SCHOLARSHIPS AND OTHER EDUCATIONAL ASSISTANCE TO AID DESERVING INDIVIDUALS IN FURTHERING THEIR EDUCATIONAL GOALS; TO PROVIDE FINANCIAL ASSISTANCE TO SCHOOLS, COLLEGES, UNIVERSITIES AND OTHER EDUCATIONAL ORGANIZATIONS; TO ASSIST THEM IN CARRYING OUT THEIR EDUCATIONAL ACTIVITIES; TO AID COMMUNITIES IN MEETING CREDIT NEEDS; TO ASSIST ORGANIZATIONS DEDICATED TO PUBLIC HEALTH; TO ASSIST ORGANIZATIONS COMMITTED TO COMMUNITY SERVICE AND TO THE PROVISION OF SOCIAL SERVICES TO THOSE IN NEED, AND TO ENCOURAGE INDIVIDUALS TO SERVE THEIR COMMUNITY; AND TO PROMOTE THE ARTS BY PROVIDING FINANCIAL ASSISTANCE TO ORGANIZATIONS DEDICATED TO ADVANCING CULTURE AND THE ARTS.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
PRESIDENT SMBC GLOBAL FOUNDATIONINC
277 PARK AVENUE
NEW YORK,NY10172
(212) 224-4440
bThe form in which applications should be submitted and information and materials they should include:
A REGISTRATION FORM IS REQUIRED. THERE ARE TWO PARTS TO THE REGISTRATION FORM. THE FIRST PART IS COMPLETED BY THE EMPLOYEE NOTIFYING THE FOUNDATION OF THE AMOUNT OF THE DONATION, THE NAME OF THE 501(C)(3) CHARITABLE ORGANIZATION AND THE TAX DEDUCTIBLE PORTION OF THE DONATION. THE FORM IS THEN MAILED TO THE ORGANIZATION. THE SECOND PART IS COMPLETED BY CHARITABLE ORGANIZATION THAT RECEIVED THE DONATION. THE CHARITABLE ORGANIZATION CONFIRMS THAT IT RECEIVED THE EMPLOYEE'S DONATION AND RETURNS IT TO THE FOUNDATION. THE RECIPIENT CHARITY MUST HAVE TAX-EXEMPT STATUS AS RECOGNIZED BY THE IRC SECTION 501(C)(3) IN ORDER TO BE ELIGIBLE TO RECEIVE A MATCHING DONATION AND MUST PROVIDE PROOF OF TAX-EXEMPT STATUS.
cAny submission deadlines:
SET ANNUALLY IN DECEMBER TO BE MADE WITHIN THE CALENDAR YEAR.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE MAXIMUM AMOUNT DONATED PER EMPLOYEE PER YEAR IS LIMITED TO $1,000, AND THE MINIMUM FOR MATCHING FUNDS IS $25. IN 2023, THE FOUNDATION MADE DONATIONS TOTALING $133,096 RELATING TO THIS PROGRAM. THE FOUNDATION RESERVES THE RIGHT TO REFUSE TO MATCH EMPLOYEE DONATIONS GIVEN TO A NON 501(C)(3) TAX-EXEMPT CHARITIES, ADVOCACY, RELIGIOUS AND POLITICAL GROUPS, OR ORGANIZATIONS THAT SUPPORT BIASED OR DISCRIMINATORY POLICIES. PAYMENTS TO AN ORGANIZATION OR INSTITUTION THAT ARE MADE IN CONSEQUENCE OF, OR LEAD TO, A DIRECT MATERIAL BENEFIT (SUCH AS GOODS AND SERVICES OF MORE THAN A NOMINAL VALUE) TO THE DONOR OR A MEMBER OF HIS OR HER FAMILY, OR AN INDIVIDUAL DESIGNATED BY THE DONOR, ARE NOT ELIGIBLE TO BE MATCHED BY GRANTS FROM THE FOUNDATION.
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

AMERICA'S CHARITIES

14200 PARK MEADOW DRIVE SUITE 330S
CHANTILLY,VA20151 		  PC GENERAL OPERATING 133,096

ADLER PLANETARIUM

1300 S DUSABLE LAKE SHORE DR
CHICAGO,IL60605 		  PC GENERAL OPERATING 15,000

AMERICAN CAMP ASSOCIATION

5000 STATE ROAD 67 NORTH
MARTINSVILLE,IN46151 		  PC CAMP-SCHOOL PARTNERSHIPS AND CAMPER SCHOLARSHIPS 225,000

AMERICAN RED CROSS

520 W 49TH ST
NEW YORK,NY10019 		  PC DISASTER RELIEF 50,000

BEAR BE A RESOURCE

3572 E T C JESTER BLVD
HOUSTON,TX77018 		  PC GENERAL OPERATING 3,750

BILLION OYSTER PROJECT

10 SOUTH ST SLIP 7
NEW YORK,NY100041921 		  PC GENERAL OPERATING 7,500

BREAK A DIFFERENCE

1100 NEW JERSEY AVE SE SUITE 710
WASHINGTON,DC20003 		  PC GENERAL OPERATING 16,500

CAL STATE FULLERTON PHILANTHROPIC FOUNDATION

800 N STATE COLLEGE BOULEVARD SGMH
5323
FULLERTON,CA92831 		  PC GENERAL OPERATING 6,000

CATALYST INC

120 WALL ST 15TH FL
NEW YORK,NY10005 		  PC GENERAL OPERATING 10,000

CHANGE SUMMER

119 W 72ND ST SUITE 187
NEW YORK,NY10023 		  PC NYC YOUTH OVERNIGHT CAMP 175,000

CITY HARVEST INC

150 52ND ST
BROOKLYN,NY11232 		  PC GENERAL OPERATING 20,000

COLUMBIA BUSINESS SCHOOL - CENTER ON JAPANESE ECONOMY AND BUSINESS

645 WEST 130 ST GEFFEN HALL 6TH
FLOOR
NEW YORK,NY10027 		  PC GENERAL OPERATING 50,000

COMMUNITY FOOD BANK OF NEW JERSEY

31 EVANS TERMINAL
HILLSIDE,NJ07205 		  PC GENERAL OPERATING 11,850

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433 		  PC GENERAL OPERATING 4,950

FREDERICK DOUGLASS ACADEMY

2581 ADAM CLAYTON POWELL BLVD
NEW YORK,NY10039 		  PC STUDENT TRIP TO JAPAN 35,000

GIGI'S PLAYHOUSE

106 W 117TH ST
NEW YORK,NY10026 		  PC GENERAL OPERATING 2,550

GOD'S LOVE WE DELIVER INC

166 AVENUE OF THE AMERICAS
NEW YORK,NY10013 		  PC GENERAL OPERATING 6,000

GOOD PLUS FOUNDATION

306 W 37TH STT 8TH FL
NEW YORK,NY10018 		  PC GENERAL OPERATING 11,500

GUIDING EYES FOR THE BLIND INC

611 GRANITE SPRINGS RD
YORKTOWN HEIGHTS,NY10598 		  PC GENERAL OPERATING 8,100

HAMILTON MADISON HOUSE INC

253 SOUTH ST
NEW YORK,NY10002 		  PC JAPANESE BEHAVIORAL HEALTH CLINIC 10,000

ISAMU NOGUCHI FOUNDATION AND MUSEUM

32-37 VERNON BLVD
LONG ISLAND CITY,NY11106 		  PC GENERAL OPERATING 10,000

IUC (INTER-UNIVERSITY CENTER FOR JAPANESE STUDIES - STANFORD UNIVERSITY)

ENCINA HALL C334 616 JANE STANFORD
WAY
REDWOOD CITY,CA943056055 		  PC STUDENT SCHOLARSHIPS 20,000

JAPAN DAY INC

1650 BROADWAY SUITE 1210
NEW YORK,NY10019 		  PC GENERAL OPERATING 10,000

JCC FUND

145 WEST 57TH STREET
NEW YORK,NY10019 		  PC 90TH ANNIVERSARY EVENT 4,000

JAPANESE EDUCATIONAL INSTITUTE (JEI)

56 HARRISON ST SUITE 505
NEW ROCHELLE,NY10801 		  PC GENERAL OPERATING AND SCHOLARSHIPS 30,000

JUNIOR ACHIEVEMENT OF NEW YORK

200 WEST 41ST ST -- SUITE 800
NEW YORK,NY10036 		  PC GENERAL OPERATING 1,200

JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA

6250 FOREST LAWN DR
LOS ANGELES,CA900681016 		  PC GENERAL OPERATING 300

LITTLE TOKYO SERVICE CENTER

231 E 3RD ST STE G106
LOS ANGELES,CA90013 		  PC GENERAL OPERATING 2,250

MUDDY PAWS RESCUE

821 9TH AVENUE FRNT 1
NEW YORK,NY10019 		  PC GENERAL OPERATING 3,300

NATIONAL MUSEUM OF WOMEN IN THE ARTS

1250 NEW YORK AVE NW
WASHINGTON,DC20005 		  PC GENERAL OPERATING 3,000

NEW YORK CARES

65 BROADWAY - 19TH FLOOR
NEW YORK,NY10006 		  PC COMMUNITY SERVICE 50,000

OPERATION GRATITUDE

PO BOX 260257
ENCINO,CA91426 		  PC GENERAL OPERATING 16,500

OUTWARD BOUND USA

1133 ROUTE 55 SUITE 10
LAGRANGEVILLE,NY12540 		  PC CAPACITY BUILDING & WILDERNESS EXPEDITIONS FOR NYC YOUTH 175,000

PROJECT SUNSHINE

211 EAST 43RD ST SUITE 401
NEW YORK,NY10017 		  PC GENERAL OPERATING 3,450

RONALD MCDONALD HOUSE OF NEW YORK INC

405 EAST 73RD ST
NEW YORK,NY10021 		  PC GENERAL OPERATING 50,000

SECOND HARVEST FOOD BANK OF METROLINA

500-B SPRATT ST
CHARLOTTE,NC28206 		  PC GENERAL OPERATING 1,650

ST JUDE CHILDREN'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN381053678 		  PC GENERAL OPERATING 1,950

TABLE FOR TWO USA

PO BOX 1103
NEW YORK,NY10163 		  PC GENERAL OPERATING 10,000

TOY LOAN ADVISORY BOARD (LADPSS)

2200 NORTH HUMBOLDT ST
LOS ANGELES,CA90031 		  PC GENERAL OPERATING 2,850

YOUTH BUSINESS ALLIANCE

8200 WILSHIRE BLVD SUITE 200
BEVERLY HILLS,CA90211 		  PC GENERAL OPERATING 3,600
Total .................................right arrow 3a 1,200,846
bApproved for future payment

AMERICA'S CHARITIES
14200 PARK MEADOW DRIVE SUITE 330S
CHANTILLY,VA20151 		  PC GENERAL OPERATING 75,284

ADLER PLANETARIUM
1300 S DUSABLE LAKE SHORE DR
CHICAGO,IL60605 		  PC GENERAL OPERATING 15,000

AMERICAN CAMP ASSOCIATION
5000 STATE ROAD 67 NORTH
MARTINSVILLE,IN46151 		  PC CAMP SCHOOL PARTNERSHIPS AND CAMPER SCHOLARSHIPS 225,000

BILLION OYSTER PROJECT
10 SOUTH ST SLIP 7
NEW YORK,NY100041921 		  PC GENERAL OPERATING 7,500

BREAK A DIFFERENCE
1100 NEW JERSEY AVE SE SUITE 710
WASHINGTON,DC20003 		  PC GENERAL OPERATING 16,500

JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA
6250 FOREST LAWN DR
LOS ANGELES,CA900681016 		  PC GENERAL OPERATING 300

MUDDY PAWS RESCUE
821 9TH AVENUE FRNT 1
NEW YORK,NY10019 		  PC GENERAL OPERATING 3,300

OPERATION GRATITUDE
PO BOX 260257
ENCINO,CA91426 		  PC GENERAL OPERATING 16,500
Total ................................. right arrow 3b 359,384
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 ....     14 489,370  
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 -585  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 488,785 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
488,785
(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
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
SMBC GLOBAL FOUNDATION INC
 
Employer identification number

13-3766226
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
SMBC GLOBAL FOUNDATION INC
  		Employer identification number
13-3766226
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
SUMITOMO MITSUI BANKING CORPORATION
 
277 PARK AVENUE
 
NEW YORK, NY10172

$ 700,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
SMBC GLOBAL FOUNDATION INC
  		Employer identification number

13-3766226
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
SMBC GLOBAL FOUNDATION INC
  		Employer identification number

13-3766226
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 32,870 3,287   29,583

TY 2023 GeneralExplanationAttachment
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Identifier Return Reference Explanation
  FORM 990 PF, PART XV: ON DECEMBER 12, 2013 THE ORGANIZATION RECEIVED A PRIVATE LETTER RULING FROM THE IRS STATING THAT THE IRS HAS APPROVED THE PROCEDURES THAT THE ORGANIZATION HAS IN PLACE FOR ITS SCHOLARSHIP PROGRAM, AND DETERMINED THAT SUCH EXPENDITURES WILL BE NOT BE CONSIDERED TAXABLE EXPENDITURES. AWARDS MADE UNDER THESE PROCEDURES ARE SCHOLARSHIP OR FELLOWSHIP GRANTS, AND ARE NOT TAXABLE TO THE RECIPIENT IF THEY ARE USED FOR QUALIFIED TUITION AND RELATED EXPENSES.
  FORM 990 PF, PART VII-B, LINE 1A(3): AS A SUBSTANTIAL CONTRIBUTOR, SUMITOMO MISUI BANKING CORPORATION IS A DISQUALIFIED PERSON WITH RESPECT TO THE SMBC GLOBAL FOUNDATION, INC. (THE FOUNDATION) WITHIN THE MEANING OF IRC SECTION 4946(A)(1)(A). SUMITOMO MITSUI BANKING CORPORATION PROVIDES NOMINAL OFFICE SPACE, OFFICE SUPPLIES, AND FURNISHINGS FOR THE USE OF THE FOUNDATION WHOLLY WITHOUT CHARGE TO THE FOUNDATION. THIS ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION SECTION 53.4941(D)-2(D)(3). SUMITOMO MITSUI BANKING CORPORATION AND ITS WHOLLY-OWNED SUBSIDIARIES ALSO PROVIDE GENERAL BANKING FUNCTIONS TO THE FOUNDATION. THE ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION SECTION 53.4941(D)-2(C)(4).
  FORM 990 PF, PART VII-B, LINE 1A(4): AS A SUBSTANTIAL CONTRIBUTOR, SUMITOMO MITSUI BANKING CORPORATION IS A DISQUALIFIED PERSON WITH RESPECT TO THE SMBC GLOBAL FOUNDATION, INC. (THE FOUNDATION) WITHIN THE MEANING OF IRC SECTION 4946(A)(1)(A). SUMITOMO MITSUI BANKING CORPORATION PROVIDES, OR ALTERNATIVELY, ENGAGES INDEPENDENT THIRD PARTIES TO PROVIDE, CERTAIN ACCOUNTING, BOOKKEEPING, RECORDKEEPING AND OTHER PERSONAL SERVICES TO THE FOUNDATION, ALL OF WHICH ARE REASONABLE AND NECESSARY TO CARRY OUT THE EXEMPT PURPOSE OF THE FOUNDATION. THESE SERVICES ARE DONATED TO THE FOUNDATION SUMITOMO MITSUI BANKING CORPORATION. THE ACTIVITY IS A PERMISSIBLE ACTIVITY IN ACCORDANCE WITH TREASURY REGULATION 53.4941(D)-3(C).
  FORM 990 PF, PART XV, LINE 2C: THE SUBMISSION DEADLINE FOR A MATCHING CONTRIBUTION TO BE MADE WITHIN THE CALENDAR YEAR IS SET ANNUALLY IN DECEMBER TO ALLOW SUFFICIENT TIME FOR PROCESSING

TY 2023 InvestmentsCorpBondsSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Name of Bond End of Year Book Value End of Year Fair Market Value
VANGUARD - BONDS 4,681,042 4,681,042

TY 2023 InvestmentsCorpStockSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Name of Stock End of Year Book Value End of Year Fair Market Value
VANGUARD - EQUITY 10,647,119 10,647,119

TY 2023 OtherExpensesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
REGISTRATION 1,418 0   1,418
BOOKS, NEWSPAPERS AND MAGAZINES 171 0   171
BANK FEE 1,530 0   1,530
IT SUPPORT SERVICES 11,000 0   11,000
MEMBERSHIP DUES 7,200 0   7,200


TY 2023 OtherIncreasesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Description Amount
UNREALIZED GAIN/LOSS ON INVESTMENTS 1,407,977


TY 2023 OtherProfessionalFeesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEE 35,146 35,146   0
MANAGEMENT SERVICE FEE 23,452 2,345   21,107


TY 2023 SubstantialContributorsSch
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Name Address
SUMITOMO MITSUI BANKING CORPORATION
  		277 PARK AVENUE
NEW YORK,NY10172


TY 2023 TaxesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 6,235 0   0