SMBC Global Foundation Inc is a corporate foundation based in New York City that serves as the philanthropic arm of the SMBC Americas Division. Established in 1994, the foundation is designated as a 501(c)(3) organization and has been tax-exempt since November 2013. The foundation operates with a volunteer board and focuses on strategic grantmaking aligned with both organizational priorities and causes championed by employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.1M
+9.9% YoY
Annual Giving
$1.3M
+8.5% YoY
Grant Count
55
+37.5% YoY
Avg Grant Size
$24K
-21.1% YoY
Mission & Focus Areas
The foundation supports organizations involved in:
- Arts and Culture — including historic buildings, creative writing, and journalism
- Education — scholarships, student financial aid, and educational institutions
- Human Services — social service and health and welfare services
- Environmental Protection — supporting natural area preservation
The foundation administers an Asian scholarship program in partnership with the Institute of International Education (IIE), a U.S.-based 501(c)(3) organization with over 50 years of experience in international scholarship administration. As of June 2004, the foundation no longer makes direct disbursements to individuals in Asia; instead, scholarships are administered through IIE under the name of the "SMBC Global Foundation Scholarship Program."
Grantmaking
The foundation supports a broad range of grantees, including major institutions such as Columbia University.
Grant Range
s:** Typical awards range from $300 to $300,000.
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Geographic Focus
Where this funder awards grants
The foundation funds initiatives across numerous U.S. states and cities, including:
- Major urban centers: New York, Los Angeles, and Chicago
- Smaller communities across the country
- International focus: Tokyo
- Geographic reach extends to at least 40+ states and territories
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $17,082,270
- Total Revenue: $2,720,904
- Total Expenses: $2,844,719
- Total Giving: $1,102,391
As of 2023:
- Total Assets: $15.5 million
- Revenue: $1.19 million
- Expenses: $1.32 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,082,270 | $15,540,867 | $13,936,962 |
| Revenue | $2,720,904 | $1,188,785 | $382,324 |
| Expenses | $2,844,719 | $1,319,868 | $651,578 |
| Qualifying Distributions | $1,185,288 | $1,632,239 | $611,936 |
| Net Investment Income | $930,832 | $448,592 | $373,006 |
| Distributable Amount | $802,404 | $715,109 | $730,551 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
206 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Eric Eckholdt — President
- Hiro Oshima — Director/Chairperson
The foundation operates with a volunteer board, with no compensation provided to board members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AABHA SHARMA | ASSISTANT SECRETARY | 0.5 | — |
| CARL ADAMS | DIRECTOR | 0.25 | — |
| ERIC ECKHOLDT | PRESIDENT | 4 | — |
| HIRO OSHIMA | DIRECTOR/CHAIRPERSON | 0.5 | — |
| KATSUYUKI KUBO | DIRECTOR | 0.25 | — |
| KUO-CHANG KC LU | TREASURER | 0.25 | — |
| LEANNE MADER | SECRETARY | 0.5 | — |
| LISETTE LIEBERMAN | DIRECTOR | 0.25 | — |
| LYNN ZILKA | ASSISTANT SECRETARY | 0.25 | — |
| PETER STURZINGER | OUTGOING-ASSISTANT SECRETARY | 0.25 | — |
| ROBIN MILBERG | DIRECTOR | 0.25 | — |
| STEPHANIE BOWKER | DIRECTOR | 0.25 | — |
| SUMIN SEO | ASSISTANT SECRETARY | 0.25 | — |
| WILLIAM GOUGHERTY | ASSISTANT SECRETARY | 0.25 | — |
Recent News & Activity
Recent developments and announcements
In 2025, the SMBC Global Foundation announced grants to the American Camp Association (ACA) to strengthen camp-school partnerships.
Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation supports theIn fiscal year 2024, Team SMBC (representing 56% of the workforce) contributed over 7,500 volunteer hours across firm-sponsored charitable initiatives, reaching 11 cities and 5 countries within the SMBC Americas Division.
The foundation provides financial support to enable employee volunteering and charitable engagement, collaborating with employees to amplify community impact across mentoring, nonprofit support, and emergency response initiatives.
Sumitomo Mitsui Banking Corporation (SMBC) Global Foundation supports theContact Information
Address: 277 Park Avenue, 5th Floor, New York, NY 10172-0601
Phone: 212-224-4118
Website: www.smbcgroup.com
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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