Sumitomo Corporation of Americas Foundation

NEW YORK, NY EIN: 20-2103634 Website

Sumitomo Corporation of Americas Foundation is a private non-operating foundation based in New York, NY. Established in 2005, the foundation is affiliated with Sumitomo Corporation of Americas, an international trade and development company headquartered in New York and founded in 1952.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$11.2M

+3.8% YoY

Annual Giving

$200K

-3.6% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$200K

+92.8% YoY

Under IRS private-foundation payout rules, Sumitomo Corporation of Americas Foundation reported a distributable amount of $541K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds corporate sponsorship, program support, cultural education, educational support, youth development program support, research support, and arts education programs. Notable grantees include Columbia University.

Grantmaking

The foundation made 27 grants in the most recent reporting year. The foundation's grantmaking is supported by investment income and gains from asset sales rather than direct contributions.

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Geographic Focus

Where this funder awards grants

The foundation's geographic focus aligns with Sumitomo Corporation of Americas' company operations, which include locations in California (Los Altos, Los Angeles, Petaluma, Denver), Colorado (Greenwood Village), Washington DC, Florida (Davie), Georgia (Atlanta), Illinois (Chicago, Rosemont), Michigan (Novi), New Jersey (Fort Lee), New York (New Hyde Park, New York), Oregon (Lake Oswego), Texas (Houston), and Washington (Seattle).

Grant Distribution by State

New York $1.9M (93%)

District of Columbia $92K (5%)

California $17K (1%)

Massachusetts $15K (1%)

Iowa $11K (1%)

Georgia $8K (0%)

Oklahoma $3K (0%)

Connecticut $2K (0%)

+3 more states

States

California Connecticut District of Columbia Georgia Iowa Illinois Massachusetts Maryland New Jersey New York Oklahoma

Cities

AtlantaBooneBronxCheshireChicagoGreenwichKennesawLos AngelesManhattan BeachMonroe TownshipNew RochelleNew YorkOklahoma CityRandolphSan DiegoSilver SpringThe BronxWashington

Financial History

Multi-year comparison from IRS filings

Assets: $11.2 million (as of March 2025)

Annual Revenue: $497,841 (fiscal year ending March 2025)

Investment income and dividends: $354,877
Net gain from sale of non-inventory assets: $142,964

Annual Expenses: $262,287 (fiscal year ending March 2025)

Total Annual Giving: $848,425

The foundation maintains zero liabilities and operates with no employees.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$11,174,575	$10,768,644	$10,125,860
Revenue	$497,841	$417,497	$381,892
Expenses	$262,287	$265,520	$457,638
Qualifying Distributions	$213,723	$220,405	$410,511
Net Investment Income	$454,519	$377,103	$339,676
Distributable Amount	$540,818	$505,663	$503,314

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

89 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Columbia Business School ($200,000).

Recipient	Purpose	Amount
COLUMBIA BUSINESS SCHOOL NEW YORK, NY	EDUCATIONAL SUPPORT	$200,000

Leadership & Key People

Leadership team and compensation from IRS filings

John Tsigakos is listed as a key contact for the organization. Elizabeth Peters is also identified in organizational records.

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
MASAO NISHIZAWA	PRESIDENT/DIRECTOR(EFF. 04/24)	0.25	—
Yusuke Nagai	Treasurer	0.25	—
Lewis Farberman	Secretary	0.25	—
TIMOTHY E SANDER	DIRECTOR	0.25	—
YASUO SUGAHARA	DIRECTOR	0.25	—

Recent News & Activity

Recent developments and announcements

2025

The foundation supports the TOMODACHI Sumitomo Corporation Scholarship Program, which nurtures next-generation leaders connecting Japan and the United States. The program has completed multiple cohorts, with the 11th cohort sharing learnings from their participation in 2025.

TOMODACHI Sumitomo Corporation Scholarship Program: 11th Cohort Share their

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Sumitomo Corporation of Americas Foundation fund?

How do I apply for a grant from Sumitomo Corporation of Americas Foundation?

The foundation made 27 grants in the most recent reporting year. The foundation's grantmaking is supported by investment income and gains from asset sales rather than direct contributions.

Where does Sumitomo Corporation of Americas Foundation make grants?

What size grants does Sumitomo Corporation of Americas Foundation award?

In 2025, Sumitomo Corporation of Americas Foundation awarded 1 grants totaling $200K — an average of about $200K per grant, based on its IRS Form 990 filings.

How much is Sumitomo Corporation of Americas Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Sumitomo Corporation of Americas Foundation reported a distributable amount of $541K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sumitomo Corporation of Americas Foundation's EIN?

Sumitomo Corporation of Americas Foundation's EIN (Employer Identification Number) is 20-2103634. IRS Form 990 filing data is available on this page for 2020–2025.