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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
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$17,082,270J 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) 1,743,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 721,905 721,905  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 255,999
b Gross sales price for all assets on line 6a 1,730,375
7 Capital gain net income (from Part IV, line 2)... 255,999
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........ 2,720,904 977,904  
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
34,368 3,437   30,931
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
72,972 43,635   29,338
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,939 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
22,628 0   22,628
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 142,907 47,072   82,897
25 Contributions, gifts, grants paid....... 2,701,812 1,102,391
26 Total expenses and disbursements. Add lines 24 and 25 2,844,719 47,072   1,185,288
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -123,815
b Net investment income (if negative, enter -0-) 930,832
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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............. 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.......... 17,630 8,250 8,250
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,647,119 Click to see attachment
List of Attached Documents:
// Content
11,537,976 		11,537,976
c Investments—corporate bonds (attach schedule)....... 4,681,042 Click to see attachment
List of Attached Documents:
// Content
5,536,044 		5,536,044
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) 15,540,867 17,082,270 17,082,270
Liabilities 17 Accounts payable and accrued expenses.......... 35,044 57,827
18 Grants payable................. 359,384 1,656,493
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)......... 394,428 1,714,320
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........... 15,146,439 15,367,950
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)..... 15,146,439 15,367,950
30 Total liabilities and net assets/fund balances (see instructions). 15,540,867 17,082,270
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
15,146,439
2
Enter amount from Part I, line 27a .....................
2
-123,815
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
345,326
4
Add lines 1, 2, and 3 ..........................
4
15,367,950
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
15,367,950
Form 990-PF (2024)
Form 990-PF (2024)
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 1,730,375   1,474,376 255,999
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       255,999
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 2 255,999
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 12,939
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 12,939
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 12,939
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 9,380
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,559
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,939
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 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? 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.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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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,NY10172
CARL ADAMS DIRECTOR
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,NY10172
HIRO OSHIMA DIRECTOR/CHAIRPERSON
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
KATSUYUKI KUBO DIRECTOR
0.25 		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,NY10172
LEANNE MADER SECRETARY
0.50 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
LISETTE LIEBERMAN DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
LYNN ZILKA ASSISTANT SECRETARY
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
PETER STURZINGER OUTGOING-ASSISTANT SECRETARY
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
ROBIN MILBERG DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
STEPHANIE BOWKER DIRECTOR
0.25 		0 0 0
C/O SUMITOMO MITSUI BANKING CORP
277 PARK AVENUE
NEW YORK,NY10172
SUMIN SEO 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,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 (2024)
Form 990-PF (2024)
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 (2024)
Form 990-PF (2024)
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
16,226,345
b
Average of monthly cash balances.......................
1b
328,847
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
16,555,192
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
16,555,192
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
248,328
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
16,306,864
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
815,343
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
815,343
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
12,939
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,939
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
802,404
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
802,404
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
802,404
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
1,185,288
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
1,185,288
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 802,404
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 906,402
f Total of lines 3a through e ........ 906,402
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,185,288
a Applied to 2023, but not more than line 2a 0
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 2024 distributable amount..... 802,404
e Remaining amount distributed out of corpus 382,884
5 Excess distributions carryover applied to 2024. 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 1,289,286
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		1,289,286
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 906,402
e Excess from 2024.... 382,884
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
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:
GRANT APPLICATIONS ARE ACCEPTED BY INVITE ONLY. GRANT REQUESTS 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 SUPPORT EDUCATIONAL ORGANIZATIONS; TO ASSIST ORGANIZATIONS COMMITTED TO COMMUNITY SERVICE AND TO THE PROVISION OF SOCIAL SERVICES TO THOSE IN NEED; TO ASSIST ORGANIZATIONS DEDICATED TO PUBLIC HEALTH; AND TO ENCOURAGE INDIVIDUALS TO SERVE THEIR COMMUNITY. IN 2023, THE FOUNDATION LAUNCHED A NEW GRANTMAKING PROGRAM THAT PROVIDES UNDERSERVED YOUTH WITH ENRICHING OUTDOOR-BASED EXPERIENCES. THE FOUNDATION DOES NOT MAKE GRANTS TO ORGANIZATIONS WHOSE ACTIVITIES ARE INCONSISTENT WITH SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE OR ORGANIZATIONS WHOSE ATTEMPT TO INFLUENCE LEGISLATION.
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:
ELIGIBLE EMPLOYEES ARE ABLE TO SUBMIT MATCHING GIFT APPLICATIONS ONLINE DURING WHICH THE FOLLOWING INFORMATION IS COLLECTED: CHARITY TO WHICH DONATION WAS MADE, DONATION AND REQUESTED MATCHING AMOUNTS, THE DATE OF THE DONATION, AND EVIDENCE OF THE DONATION.
cAny submission deadlines:
MATCHING GIFT APPLICATIONS MUST BE SUBMITTED WITHIN THE CALENDAR YEAR IN WHICH THE DONATIONS WERE MA
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 DONATION FOR MATCHING FUNDS IS $25. IN 2024, THE FOUNDATION MADE DONATIONS TOTALING $725,241 RELATING TO THIS PROGRAM. 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 ELGIBILE TO BE MATCHED BY THE FOUNDATION.
Form 990-PF (2024)
Form 990-PF (2024)
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

AMERICAN RED CROSS

520 W 49TH ST
NEW YORK,NY10019 		  PC GENERAL OPERATING 23,555

AMERICAN RED CROSS

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

AMERICA'S CHARITIES

14200 PARK MEADOW DRIVE SUITE 330S
CHANTILLY,VA20151 		  PC GENERAL OPERATING 257,889

BATTERY CONSERVANCY INC

90 BROAD STREET 1503
NEW YORK,NY10004 		  PC GENERAL OPERATING 4,050

BRANCH BROOK PARK ALLIANCE

53 MAPLE AVE
MORRISTOWN,NJ07960 		  PC GENERAL OPERATING 1,500

CAL STATE FULLERTON PHILANTHROPIC FOUNDATION - CENTER FOR ENTREPRENEURSHIP

2600 NUTWOOD AVE SUITE 850
FULLERTON,CA92831 		  PC GENERAL OPERATING 16,240

CENTRAL CITY NEIGHBORHOOD PARTNERS

501 S BIXEL STREET
LOS ANGELES,CA90017 		  PC GENERAL OPERATING 4,500

CITY HARVEST

150 52ND ST
BROOKLYN,NY11232 		  PC GENERAL OPERATING 1,000

COALITION FOR THE HOMELESS

129 FULTON ST
NEW YORK,NY10038 		  PC GENERAL OPERATING 1,500

COLUMBIA BUSINESS SCHOOL - CENTER ON JAPANESE ECONOMY AND BUSINESS

645 WEST 130 ST GEFFEN HALL 6TH
FLOOR
NEW YORK,NY10027 		  PC GENERAL OPERATING 35,000

COUNCIL ON THE ENVIRONMENT INC DBA GROWNYC

PO BOX 2327
NEW YORK,NY10272 		  PC GENERAL OPERATING 2,250

EARTH DAY NETWORK INC

1752 N STREET NW SUITE 700
WASHINGTON,DC20036 		  PC TO FACILITATE THE PLANTING OF 20,000 TREES IN THE CANOPY PROJECT'S TREE PLANTING LOCATIONS, INCLUDING INDIA, TANZANIA, MEXICO, AND CANADA 50,000

FEED MY STARVING CHILDREN

401 93RD AVE NW
COON RAPIDS,MN55433 		  PC GENERAL OPERATING 7,450

FOURBLOCK FOUNDATION

230 PARK AVENUE 29TH FLOOR
NEW YORK,NY10169 		  PC GENERAL OPERATING 3,250

FREDERICK DOUGLASS ACADEMY

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

GOD'S LOVE WE DELIVER

166 AVENUE OF THE AMERICAS
NEW YORK,NY10013 		  PC GENERAL OPERATING 12,855

GOOD PLUS FOUNDATION

306 W 37TH ST 8TH FL
NEW YORK,NY10018 		  PC GENERAL OPERATING 17,815

HAMILTON MADISON HOUSE INC

253 SOUTH ST
NEW YORK,NY10002 		  PC GENERAL OPERATING 3,530

HAMILTON MADISON HOUSE INC

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

HANDS ON GREATER PHOENIX

1125 SOUTHERN AVE
MESA,AZ85210 		  PC GENERAL OPERATING 9,150

HOBOKEN COMMUNITY CENTER

1301 WASHINGTON ST
HOBOKEN,NJ07030 		  PC GENERAL OPERATING 3,300

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 SCHOLARSHIPS FOR THE 2025-2026 10-MONTH PROGRAM 20,000

JAPAN DAY INC

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

JAPAN SOCIETY INC

333 EAST 47TH ST
NEW YORK,NY10017 		  PC JAPAN SOCIETY SCHOOL PARTNERSHIP PROGRAM 50,000

JAPANESE AMERICAN NATIONAL MUSEUM

100 N CENTRAL AVENUE
LOS ANGELES,CA90012 		  PC OUR PROMISE CAPITAL CAMPAIGN 300,000

JAPANESE EDUCATIONAL INSTITUTE (JEI)

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

JERSEY CITY PARKS COALITION

COMMUNIPAW AVENUE
JERSEY CITY,NJ073077196 		  PC GENERAL OPERATING 750

JUNIOR ACHIEVEMENT NEW YORK

200 WEST 41ST ST -- SUITE 800
NEW YORK,NY10036 		  PC GENERAL OPERATING 1,000

JUNIOR ACHIEVEMENT OF SOUTHERN CALIFORNIA

6250 FOREST LAWN DR
LOS ANGELES,CA900681016 		  PC GENERAL OPERATING 1,050

LEAGUE TREATMENT CENTER

483 CLERMONT AVENUE 3RD FLOOR
BROOKLYN,NY11238 		  PC GENERAL OPERATING 1,050

LITTLE TOKYO SERVICE CENTER

231 E 3RD ST STE G106
LOS ANGELES,CA90013 		  PC GENERAL OPERATING 8,400

LOS ANGELES REGIONAL FOOD BANK

1734 E 41ST STREET
LOS ANGELES,CA90058 		  PC GENERAL OPERATING 9,900

NEW YORK CARES

65 BROADWAY - 19TH FLOOR
NEW YORK,NY10006 		  PC GENERAL OPERATING 680

NEW YORK CARES

65 BROADWAY - 19TH FLOOR
NEW YORK,NY10006 		  PC TO MEET THE PRESSING NEEDS OF THE NEW YORK METROPOLITAN AREA BY ENGAGING VOLUNTEERS IN SERVICE 100,000

OPERATION GRATITUDE

PO BOX 260257
ENCINO,CA91426 		  PC GENERAL OPERATING 7,350

ORANGE COUNTY UNITED WAY

18012 MITCHELL SOUTH
IRVINE,CA92614 		  PC GENERAL OPERATING 1,350

RAMSEY AMBULANCE CORPS

41 SOUTH ISLAND AVE
RAMSEY,NJ07446 		  PC GENERAL OPERATING 1,950

REBUILDING TOGETHER INC

990 N CAPITOL ST NE
WASHINGTON,DC20002 		  PC GENERAL OPERATING 9,000

RETHINK FOOD NYC INC

214 SULLIVAN STREET 6C
NEW YORK,NY10012 		  PC GENERAL OPERATING 4,350

RONALD MCDONALD HOUSE CHARITIES OF GREATER CHARLOTTE

1613 E MOREHEAD STREET
CHARLOTTE,NC28207 		  PC GENERAL OPERATING 8,550

RONALD MCDONALD HOUSE NEW YORK

405 E 73RD ST
NEW YORK,NY10021 		  PC GENERAL OPERATING 31,435

SECOND HARVEST FOOD BANK OF METROLINA

500-B SPRATT ST
CHARLOTTE,NY28206 		  PC GENERAL OPERATING 1,350

SECOND HARVEST FOOD BANK OF METROLINA

500-B SPRATT ST
CHARLOTTE,NY28206 		  PC GENERAL OPERATING 410

SLEEP IN HEAVENLY PEACE

PO BOX 415
RYE,NY10580 		  PC GENERAL OPERATING 1,800

STATEN ISLAND CRICKET CLUB

197 CITY BLVD
STATEN ISLAND,NY10301 		  PC GENERAL OPERATING 900

STEPHEN SILLER TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		  PC GENERAL OPERATING 900

STREETWISE PARTNERS

222 BROADWAY 19TH FLOOR
NEW YORK,NY10038 		  PC GENERAL OPERATING 1,050

TABLE FOR TWO USA

PO BOX 1103
NEW YORK,NY10163 		  PC GENERAL OPERATING 15,000

TARRANT AREA FOOD BANK

2525 CULLEN ST
FORT WORTH,TX76107 		  PC GENERAL OPERATING 1,310

THE JAPANESE AMERICAN ASSOCIATION OF NEW YORK

660 5TH AVENUE
NEW YORK,NY10103 		  PC JAPAN HISTORY COUNCIL 5,000

THE RESOURCE FOUNDATION

244 5TH AVE SUITE 1428
NEW YORK,NY10001 		  PC GENERAL OPERATING 9,602

THE RESOURCE FOUNDATION

244 5TH AVE SUITE 1428
NEW YORK,NY10001 		  PC TO FACILITATE GRANTMAKING TO CHARITIES IN MEXICO, CANADA, BRAZIL, AND IRELAND 96,020

UNITED WAY OF NEW YORK CITY

205 EAST 42ND ST 12TH FLOOR
NEW YORK,NY10017 		  PC GENERAL OPERATING 10,450

YOUTH BUSINESS ALLIANCE

8200 WILSHIRE BLVD SUITE 200
BEVERLY HILLS,CA90211 		  PC GENERAL OPERATING 1,950
Total .................................right arrow 3a 1,302,391
bApproved for future payment

AMERICAN CAMP ASSOCIATION
5000 STATE ROAD 67 NORTH
MARTINSVILLE,IN46151 		  PC CAMP SCHOOL PARTNERSHIPS, SEND A CHILD TO CAMP SCHOLARSHIPS, CAPACITY BUILDING 350,000

AMERICA'S CHARITIES
14200 PARK MEADOW DRIVE SUITE 330S
CHANTILLY,VA20151 		  PC GENERAL OPERATING 467,952

BEARBE A RESOURCE
3572 E T C JESTER BLVD
HOUSTON,TX77018 		  PC GENERAL OPERATING 2,850

BREAK A DIFFERENCE
1794 UNION AVE
BALTIMORE,MD20003 		  PC GENERAL OPERATING 23,290

CANADIAN CANCER SOCIETY
55 ST CLAIR AVE WEST SUITE 500
TORONTO    
CA 		  PC GENERAL OPERATING 5,329

CHANGE SUMMER INC
119 W 72ND ST SUITE 187
NEW YORK,NY10023 		  PC TO SUPPORT UNDER-REPRESENTED NEW YORK CITY YOUTH IN ATTENDING TWO-WEEK OVERNIGHT CAMP 225,000

FRESH AIR FUND
633 3RD AVE 14TH FLOOR
NEW YORK,NY10017 		  PC GENERAL OPERATING 50,000

NATIONAL OUTDOOR LEADERSHIP SCHOOL
284 LINCOLN ST
LANDER,WY82520 		  PC TO SUPPORT THE ACCESS PARTNER PROGRAM 75,000

OUTWARD BOUND USA
1133 ROUTE 55 SUITE 10
LAGRANGEVILLE,NY12540 		  PC TO PROVIDE 5-7 DAY WILDERNESS EXPEDITIONS FOR NYC HIGH-SCHOOL UNDERSERVED YOUTH, STRATEGIC CAPACITY BUILDING EFFORTS 200,000
Total ................................. right arrow 3b 1,399,421
Form 990-PF (2024)
Form 990-PF (2024)
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 ....     14 721,905  
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 ............ 		    18 255,999  
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) .. 0 977,904 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
977,904
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
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
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
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
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
SMBC GLOBAL FOUNDATION INC
  		Employer identification number
13-3766226
Part I
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
SMBC AMERICAS HOLDINGS INC
 
277 PARK AVENUE
 
NEW YORK, NY10172

$ 1,743,000


(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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
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.) $  
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) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 34,368 3,437   30,931

TY 2024 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 SUBSTANTIAL CONTRIBUTORS, SUMITOMO MISUI BANKING CORPORATION AND SMBC AMERICAS HOLDINGS, INC ARE DISQUALIFIED PERSONS WITH RESPECT TO THE SMBC GLOBAL FOUNDATION, INC. (THE FOUNDATION) WITHIN THE MEANING OF IRC SECTION 4946(A)(1)(A). SMBC AMERICAS HOLDINGS, INC. PROVIDED THE CONTRIBUTION OF $1.743M. SUMITOMO MITSUI BANKING CORPORATION PROVIDED 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 SUBSTANTIAL CONTRIBUTORS, SUMITOMO MISUI BANKING CORPORATION AND SMBC AMERICAS HOLDINGS, INC ARE DISQUALIFIED PERSONS 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).

TY 2024 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 5,536,044 5,536,044

TY 2024 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 11,537,976 11,537,976

TY 2024 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 1,128 0   1,128
BOOKS, NEWSPAPERS AND MAGAZINES 170 0   170
BANK FEE 1,530 0   1,530
IT SUPPORT SERVICES 11,000 0   11,000
MEMBERSHIP DUES 8,800 0   8,800


TY 2024 OtherIncreasesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Description Amount
UNREALIZED GAIN/LOSS ON INVESTMENTS 345,326


TY 2024 OtherProfessionalFeesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT SERVICE FEE 32,597 3,260   29,338
INVESTMENT FEE 40,375 40,375   0


TY 2024 TaxesSchedule
Name:
SMBC GLOBAL FOUNDATION INC
EIN:
13-3766226
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX 12,939 0   0