THE JAPAN-UNITED STATES EDUCATIONAL COMMISSIONSTATEMENT OF FINANCIAL POSITION(Thousands of yen)
June 30,2015

2014

Assets:Cash and cash equivalents

330,996375,840

Contributions receivable

821,600

3,363

Prepaid rent expenses

29,09829,042-912,750

10,201

6,506

Property and equipment

950

1,158

Guarantee deposit

200

200

Total Assets

1,193,047

1,328,859

Grants payable in future years

34,571

61,914

Deferred revenue

713,419

1,030,865

Other current liabilities

249,790

9,558

Accrued employee retirement benefits

126,772

121,409

1,124,554

1,223,746

49,83275,650--15,6404,800-

24,663

3,019-

68,493

105,113

1,193,047

1,328,859

Prepaid expenses
Other current assets

Liabilities:

Total Liabilities

Net Assets:
The Program Operation Fund
The JUSEEPF Program Operation Fund
The Japan-U.S. Educational Exchange Program Fund
The “Kakehashi” Project Fund
The “New Kakehashi” Project Fund

Total Liabilities and Net Assets

THE JAPAN-UNITED STATES EDUCATIONAL COMMISSIONSTATEMENT OF ACTIVITIES(Thousands of yen)
Years ended June 30,
2015
Changes in unrestricted net assets:
Revenues and gains Contributions from governments
Contributions from JUSEEPF
Contributions from governments for the Japan-U.S. Educational Exchange
Program FundContributions from governments for the “Kizuna” (bond) Project FundContributions from governments for the “Kakehashi” Project FundContributions from governments for the “New Kakehashi” Project FundContributions from Mr. Baker
Contributions from Mr. Jameson
Contributions from airlines
Interest income
Foreign exchange gains, net
OthersTotal revenues and gains
Expenses Grant Programs:
Grants to Americans
International education administrators
Researchers
Lecturers / Researchers
Graduate research fellows
Fulbright fellows
Distinguished lecturers
Prior year adjustments
Grants to Japanese
Researchers
Journalists
Graduate students
Foreign language teaching assistantProfessional Degrees’ Program
Prior year adjustments

Airline tickets used for grants
The Japan-U.S. Teacher Exchange Program cost for ESD
UNESCO program cost in Japan
IIE program cost in U.S.
Other expenses

The “Kizuna” (bond) Project
Outsourcing expenses

2014

546,441
27,757525,375
26,94351,747

67,790931,500
204,500
8,589
5,762
20,335
29
5,368
7,698
1,809,729

229,663
1,242,000
10,033
7,890
48
5,621
2,115,363

5,595
26,29041,543
95,58727,030
1,597(12,049)
185,596

5,313
32,38334,071
93,081
23,738520(5,227)
183,879

38,581
16,557
205,986
2,976
8,272(18,754)
253,620

34,590
7,829
176,469
6,638
30,886828
257,240-

7,890

17,93920,775
7,570
46,28632,85633,201
7,594
73,651-

216,029

The “Kakehashi” Project
Outsourcing expenses

912,750

1,217,000

The “New Kakehashi” Project
Outsourcing expenses

201,281

-

1,874
3,302
22,0362,447
29,6591,679
3,832
22,843250
28,604

178,427

187,770

Foreign exchange loss, net-839

Repayments of contribution received for the “Kizuna” (bond) Project-

97,86638,728
1,846,351

2,270,768(36,621)105,113
68,493(155,403)
260,516
105,113

Non-Grant Programs
Grant related costs for Americans
Grant related costs for Japanese
Educational Advising Services
Alumni-related activities

Administrative expenses

Repayments of contribution received for the “Kakehashi” Project
Total expenses

Increase (decrease) in unrestricted net assets
Net assets at beginning of year
Net assets at end of year