2011 Annual Report
Index
Message from President Junichi Hamada, the University of Tokyo1

Message from President Hisashi Kobayashi: FOTI
Nurturing Global Leaders of the Next Generation
FOTI’ s New Organization

2

Dr. Hiroshi Komiyama, President Emeritus of Todai, joins the FOTI Board
Dr. Masaaki Yamada appointed Director of University Relations
Members of the Board and Advisory Committee, as of December 2011

3

FOTI Awards a Grant to the Todai-Yale Initiative

4

FOTI Awards a Grant to the Institute of the Physics and Mathematics
for the Universe (IPMU)

5

Revamping of the FOTI Website Completed

6

Reports from the Participants of IARU’ s Global Summer Program
MIT Students Researched as Summer Interns at Todai

7

Two Todai Students Attends Yale’ s ELI

8

Fundraising Results and Financial Report of Fiscal Year 2010-20119

Summary of Financial Statements of Fiscal Year 2010-201110

List of Donors in Fiscal Year 2010-201111

Message from President Junichi Hamada,
the University of Tokyo

Message from President Hisashi Kobayashi: FOTI
Nurturing Global Leaders of the Next Generation

The world now faces a very difficult

FOTI, which was conceived by the past

period. The financial and industrial

president Hiroshi Komiyama and was

sectors are experiencing turmoil in suchborn in 2007, is now four years old.

a global scale that the basis for people’ sThanks to the great efforts by various

livelihood is wavering, and the society

individuals such as President Hamada ofseems anxiously waiting for a firm

Todai, the founding president of FOTI,

future direction to be provided. We, in higher learning, are

Mr. Junji Masuda, FOTI Board of

now expected to draw such a new world and light the way to

Directors, its Advisory Committee and the Development

reach there. The University of Tokyo considers it its mission

Office of Todai, FOTI has finally begun its activities into provide directions to the future through scholarly

earnest. I take this opportunity to sincerely thank Shintech,research and human resource development in diverse fields.

Inc. (a U.S. subsidiary of Shin-Etsu Chemical Co.) andAs the globalization progresses, ever y university is

individuals who have donated their gifts to FOTI. We haveincreasingly expected to strengthen its competitiveness. The

compiled our activities of this year in this booklet.

University of Tokyo is determined to become one of the best

Year 2009 was our second year to award research grants to
the Todai-Yale Initiative (TYI) designed to revitalize Japanand most influential universities in the world by accelerating

studies, and the IPMU (Institute of the Physics andits internationalization, and strengthening our capability inMathematics for the Universe) designed to resolve mysteriesboth education and research.

of the Universe. Furthermore, we granted “FOTI

In order to aim at a top position in higher learning of theInternational Leadership Awards” to six Todai students who

w o r l d , t h e Un i v e r s i t y o f To k y o s u p p o r t s v a r i o u sattended the summer programs at Yale University or theinternational projects and pursues exchange and education

University of California at Berkeley (UCB), and seven U.S.

programs for researchers and students across the world.

students; 3 MIT students who did their internships at

Friends of Todai, Inc. (FOTI) supports scholarship

Todai, 3 UCB and 1 Yale students who participated in the

programs between Todai and U.S. universities and provides

summer programs offered at Todai. If you read their reports

grants to research projects such as the Todai-Yale Initiative(available online in the Blog page of our website), you will

program at Yale, and the Institute of the Physics andfind how significant suggestions and influences their

Mathematics for the Universe at the University ofexperiences of oversea study have impacted them in

California, Berkeley.

planning their future, and will endorse the importance of

I would like to ask our alumni and friends in the United

the activities of FOTI, which is committed to “nurtureStates for their greater support of FOTI than ever.

global leaders of the next generation.”
In 2012 we plan to continue and expand activities similar to

Sincerely yours,

the ones accomplished in 2011, so we would like to ask foryour continued and generous support.

Junji Hamada

Sincerely yours,

President, The University of Tokyo

Hisashi Kobayashi
President, FOTI

1

FOTI’ s New Organization
On April 1, 2011, Friends of Todai Inc. (FOTI) announced the appointment of Prof. Hisashi Kobayashi as a new president,
succeeding Mr. Junji Masuda who had served as the founding President of FOTI since September 2007. Mr. Masuda (Partner,
Nagashima Ohno & Tsunematsu NY LLP) will remain on the FOTI Board as President emeritus.
Prof. Kobayashi, a former Dean of Engineering School and the Sherman Fairchild University Professor-emeritus of ElectricalEngineering and Computer Science at Princeton University, joined the Board as a Director when FOTI was established in
September 2007 and chaired the Advisory Committee since June 2009. Mr. Motoastu Sakurai, a former Ambassador and Consul
General of Japan in New York and currently President of Japan Society of New York, is the new chair of the Advisory Committee,
which added five new members. They are: Mr. Shunichiro Kishioka (Chairman, ITA, Inc. and Honorary President, Chicago
Akamon-kai); Dr. Yuichiro Kuwama (Medical Director at the Japanese Medical Practice of Beth Israel Medical Center); Dr. Geeta
Mehta (Adjunct Professor at the Graduate School of Architecture Planning and Preservation at Columbia University); Mr. Yasuo
Okamoto (Partner, Hughes, Hubard & Reed LLP and President, New York Icho-kai) and Mr. Seiei Ono (President and CEO,
Mitsubishi International Corp.

(From FOTI Newsletter, July 2011)

Dr. Hiroshi Komiyama, President Emeritus of Todai,
joins the FOTI Board

Dr. Masaaki Yamada appointed Director of
University Relations

The FOTI Board voted on May 11th toOn August 30th, the FOTI Boarda p p o i n t Dr. Hi r o s h i Ko m i y a m a ,e l e c t e d D r. M a s a a k i Ya m a d a , a

Chairman of the Institute of Mitsubishi

Distinguished Laboratory Research

Research Institute, Inc. and the past

Fellow at Princeton Plasma Physics

President of the University of Tokyo, toLaboratory (PPPL), to a newly createdjoin the FOTI Board as Honorary Director. They also

position, Director of University Relations. In this capacity,

appointed Mr. Junji Masuda to continue to serve the Board

Dr. Yamada will be primarily responsible for planning andas President Emeritus.

coordinating FOTI’ s research grant and award programs,

Dr. Komiyama served as the 28th President of Todai fromby interacting with universities in both the U.S. and Japan.

April 2005 through March 2009, and conceived an idea of

He received his B.S. degree in Applied Physics and M.S.

creating a not-for-profit organization in the U.S. to promotedegree in Nuclear Engineering in 1966 and 1968,

his globalization effort for Todai. Mr. Masuda, the thenrespectively, both from Todai (the University of Tokyo), andPresident of New York Icho-kai, was asked to implement

received his Ph.D. in Physics from the University of Illinois

President Komiyama’ s idea and served as the founding

in 1973. His main research area is plasma physics that ispresident of FOTI from September 2007 till March 2011.

relevant to both fusion and space-astrophysics. Dr. Yamada“We are just delighted that Dr. Komiyama and Mr. Masuda

was a visiting professor at École Polytechnique Fédérale dehave graciously accepted our request to serve on the FOTI

Lausanne (EFPL), Switzerland (1988), Kyoto University

Board. They are, so to speak, the father and mother of(1989), and Todai (1994 and 2010), and has served as their

FOTI, and their wisdom and stature will immensely help

Ph.D. thesis advisor of a dozen graduate students ofboost FOTI’ s visibility and recognition here in the States

Princeton University, Todai, and Purdue University.

and in Japan, ” said President Kobayashi.

He has been a Fellow of the American Physical Society since(From FOTI Newsletter, July 2011)(Continued on next page)2

1985 and received the APS 2002 Excellence Award in Plasma Physics Research and Princeton University’ s Kaul Prize in 2003.
“I am impressed with the goals of FOTI. It is an honor for me to serve on the Board. I will do my best to enhance international
research collaboration through the FOTI program,” said Dr. Yamada. “We are delighted to have such a distinguished scientist as
an executive director of FOTI. Dr. Yamada is not only a world renowned scientist but has an impressive track record of serving his
community. He co-founded the Princeton Community Japanese Language School (PCJLS) in 1980, and served as Chairman ofits Board in 1985-1995. His experiences in this non-profit organization as well as his close relations with leading universities in
the U.S. and Japan will make our grant and award programs more credible and prestigious,” remarked FOTI President Kobayashi,
a long-time friend of Dr. Yamada.

(From FOTI Newsletter, September 2011)

Members of the Board and Advisory Committee, as of December 2011
Board of Directors

Advisory Committee

President

Chairman

Hisashi Kobayashi
Professor Emeritus and Dean Emeritus, Princeton University
Executive Advisor, NICT (National Institute of Information
and Communications Technology)

Motoatsu Sakurai
President, Japan Society of New York
Vice Chairman, New York Icho-kai
Advisory Members

Secretary (interim)

Sumiko Ito
President, Arcadia Capital, Inc.
Vice Chairman, New York Icho-kai

Yasuhide WatanabePartner, Nagashima, Ohno & Tsunematsu NY, LLP
Treasurer (interim)

Shunichiro Kishioka
Chairman, ITA, Inc.
Honorary President, Chicago Akamon-kai

Hisashi Kobayashi
Director of University Relations

Yuichiro Kuwama
Beth Israel Medical Center

Masaaki Yamada
Distinguished Research Fellow, Princeton Plasma Physics Laboratory Geeta Mehta
Adjunct Professor, Columbia University
Director
Yasuo Okamoto
Koichi Hamada
Partner, Hughes, Hubard & Reed LLP
Professor, Yale University; Professor Emeritus, The University of TokyoPresident, New York Icho-kai
Director
Akihiko Tanaka
Professor and Executive Vice President, The University of Tokyo
President Emeritus

Seiei Ono
President & CEO, Mitusbishi Int’ l Corp.
Vice Chairman, New York Icho-kai
President, Japanese Chamber of Commerce and Industryof New York, Inc.
Nobuko Sakurai
Member of Board, Satsuki-kai America

Junji Masuda
Partner, Nagashima, Ohno & Tsunematsu NY, LLP
President Emeritus, New York Icho-kai

Ko-Yung Tung
Senior Counsellor, Morrison Foerster

Honorary Director

Ex-Officio Member (interim)

Hiroshi Komiyama
Chairman of the Institute, Mitsubishi Research Institute
President Emeritus, The University of Tokyo

Yasuhide WatanabePartner, Nagashima, Ohno & Tsunematsu NY, LLP

3

FOTI Awards a Grant to the Todai-Yale Initiative
FOTI announced in July 2011 that a grant of $30,000 would be given to the Todai-Yale Initiative (TYI) at Yale University tosupport, among other projects, an international conference titled, “International Development Cooperation among AsianDonors,” to be held in New Haven, CT on March 29-30, 2012. The conference will bring together experts on the subject fromthe U.S., Japan and elsewhere.
The lecturers from the University of Tokyo include Prof. Akio Takahara, Graduate Schools for Law and Politics, Associate Prof.
Yasuhiro Matsuda, the Institute for Advanced Studies on Asia,
and Associate Prof. Shin Kawashima, Graduate School of Arts
and Sciences, Department of Advanced Social and International
Studies(History of International Relations). Dr. Takahara is

an expert on politics and diplomacy of contemporary China andDr. Matsuda specializes in politics and foreign relations in
China and Taiwan, while Prof. Kawashima has conducted
extensive research on the diplomatic history of Asia.
In addition to the above Todai professors, scholars from Yale
University and Seoul National University will join theconference. However, details of the conference are yet to beannounced. In addition to FOTI, the Council for East AsianStudies at Yale University and the Japan Foundation will

A photo taken at the international conference titled“Diplomatic Policy and Recent Government Change inJapan,” held at Yale University in 2010, partly supported
by FOTI’ s grant.

co-sponsor this conference. The grant from FOTI will be used primarily to cover the expenses of the Todai professors.
“We are grateful to FOTI for its generous support for the conference that will bring together international experts in a face-to-facescientific exchange, contributing to the advancement of the field of Japanese and Asian Studies,” said Prof. Masashi Haneda,
Director of the Institute for Advanced Studies on Asia, the University of Tokyo, who is in charge of the TYI program.
The TYI was founded in October 2007 at the initiation of President Richard C. Levin of Yale University and the then Todai
President, Dr. Hiroshi Komiyama, to strengthen the international promotion of Japanese Studies and Japan-related research in thehumanities and social sciences.
(From FOTI Newsletter November 2011)

4

FOTI Awards a Grant to the Institute of the Physics and Mathematics for the Universe (IPMU)
FOTI has awarded a travel grant of $10,000 to support an
exchange of graduate students and postdoctoral fellows between
The Institute of the Physics and Mathematics of the Universe(IMPU) at the University of Tokyo and the Berkeley Center for
Theoretical of Physics (BCTP) at the University of California,
Berkeley. The IMPU-Berkeley was established in 2007 topromote collaboration between the physicists at the University ofCalifornia, Berkeley and the IMPU at Todai.
Photo caption: Photo: Prof. Hitoshi Murayama,
Director, IPMU at the University of Tokyo and Professor,
University of California, Berkeley

Under the exchange program, Japanese students and researchers
from the IPMU at Todai will benefit from exposure to the active

research environment in Berkeley with a broad spectrum of topics in theoretical particle physics. At the same time, Berkeley
members will be exposed to a wider variety of topics at the IPMU at Todai normally not discussed within the BCTP.
The FOTI’ s grant is expected to support the travel of five Berkeley students or postdocs going to the IPMU at Todai and six
Todai students traveling to Berkeley. In October, BCTP is planning a workshop on supersymmetry at the Large Hadron Collider(LHC) in CERN, Switzerland. The IPMU-Todai will host frequent workshops called “focus weeks” which will benefit Berkeley
members who are FOTI award recipients.
IMPU, an institute hosted by the University of Tokyo, is one of the five centers established by Japan’ s Ministry of Education,
Culture, Sports and Technology in 2007 under the World Premier International Research Center Initiative (WPI Program) withthe purpose of creating top world-level research centers. The IMPU’ s collaborating international institutions include theDepartment of Physics, University of California-Berkeley, Department of Astrophysical Sciences, Princeton University, andl’ Institute des Hautes Etudes Scientifiques in France. In the words of its Director, Hitoshi Murayama, it is “a unique research
center in the world that spans from pure mathematics to theoretical physics, to experimental physics, astronomy, and appliedmathematics.”
During the 2010-2011, FOTI’ s grant for the IMPU-Berkeley was applied to support the travel of three graduate students andtwo postdocs at Berkeley visiting IMPU-Todai and six Todai members participating in workshops and other events at Berkeley.
Physics research is both collaborative and international, and this grant that fosters the travel and exchange of young scientists
supports this notion.
Please visit the IMPU’ s website at http://www.ipmu.jp/ (English) and http://www.ipmu.jp/ja (Japanese).
(From FOTI Newsletter September 2011)5

fundraising campaign report and announcements of future

Revamping of the FOTI Website Completed

l e c t u re s a n d m e e t i n g s . Ba c k i s s u e s o f t h e F OT I
The overhaul of the FOTI website was completed in

e-Newsletter will be posted. We have also added a Blog

September. The design and implementation have been done

page. The reports and photographs submitted by FOTI

by Ms. Amy Vaida of Amy I productions, who also designs

awardees who attended the summer courses or did summer

FOTI’ s e-Newsletter and this annual report.

internships are posted here.
(From FOTI Newsletter, September 2011)

The website consists of three main pages: “About Us,”

Reports from the Participants of IARU’ s
Global Summer Program“Giving,” and “Grants and Awards.” The “About us” pageis divided into subpages: “What is FOTI? What are its
Pu r p o s e s ,” “ Hi s t o r y a n d O r g a n i z a t i o n ,”FOTI granted a total of 13 “International Leadership“Accomplishments,” “Board Members,” and “Advisory

Awards” to Japanese and US students in 2011. Eight out ofCommittee.” Biographies of all Board members andthese thir teen awards were given to students who

Advisors are found by clicking the individuals’ names.

participated in the Global Summer Program (GSP)
organized by the International Alliance for Research

Th e n e w “ G r a n t s a n d A w a r d ” p a g e p r o v i d e s a

Universities (IARU). Four Todai students attended thecomprehensive description on how to prepare research grant

program at the University of California, Berkeley (UCB)

applications and scholarship applications and when to

Berkeley, and one Yale and three UCB undergraduates

submit them.

studied at Todai.

In the past, individual donors could contribute to FOTI

Mr. Mochida, a law and politics major at Todai, who

only by mailing personal checks. Now one can make a fast

participated in the “Summer Peace Institute: Humanand secure donation online by charging it to his/her credit

Security and Peacebuilding” at UCB, reports “This course

card through a convenient web-based PayPal system. One

opened my eyes in various ways, which I think would neverwill receive an immediate record of payment, followed by ahave happened if I were just studying in Japan. Not only

formal acknowledgment and receipt from the FOTI office.

from the new knowledge I gained from the lecture, but also
through the volunteer work, I realized the importance ofIn addition, a donation by wire transfer from your bankconnecting a theory to practice and the real world. In

account to FOTI’ s bank account, donation of securities

addition, the experience of getting together with many(such as stocks, bonds and mutual funds), and donation of a

students who came from literally all over the world anddistribution from an IRA (individual retirement account) totalking about peace-making gave me a sense that the world

FOTI are now possible. FOTI is also ready to accept gifts

can be small and united no matter how diverse thefrom generous individuals and corporations to Endowment

nationalities or races may be.”Funds to seek a long-term financial stability for its future
activities.

Ms. Melissa Milder, a bioengineering major at UCB, whotook class on Nanoscience writes (in summary) “TheIn addition to the “About Us,” “Giving,” and “Grants andUniversity of Tokyo is one of the most prestigious(Continued on next page)Awards” pages, the News section includes such items as the6universities in the world, especially in the bioengineering field. Being in a small class of only seven students made it a much morecasual setting in which we could get to know the professors and other students more on a personal level. They were always
welcoming and encouraging of our questions. They really cared about our understanding of the material as students and they were
all very proud of their own research. I learned a lot about the manydifferent fields of nanoscience and biotechnology and, as a result, I havebeen able to discover what areas of research I am really interested in. But bylearning about the life-changing research that these professors are working
on and physically seeing what they are currently doing in their laboratories,
I was able to realize what kind of research I was most interested in. As aresult, I have been motivated to get more involved with such research at myuniversity and hopefully contribute to a life-changing discovery in the
future.”FOTI President Hisashi Kobayashi remarks, “FOTI is committed to nurturing global leaders of the future. I sincerely hope thatthe experiences that the participants of the GSP have gained this summer will help them grow and play important roles as global
leaders in the future. I take this opportunity to thank Shintec, Inc. and other donors who made this summer scholarship program
possible.”
The awardees from Todai are Mr. Yutaro Mochida, Ms. Manae Uchibori and Mr. Takashi Uchibori and Mr. Zoheir Mottaki. The
recipients from UCB are Ms. Lisa Bohn, Ms. Melissa Milder and Ms. Kristin Low. From Yale Ms. Tiffany Pang was the only
awardee.
The reports of the students are posted on FOTI’ s blog www.friendsoftodai.org/?page_id=803 with many photos.
(From FOTI Newsletter, September 2011)

MIT Students Researched as Summer Interns at Todai
FOTI granted “International Leadership Awards” to three MIT students who participated in science internship programs at the
University of Tokyo (Todai) under the MIT International Science and Technology Initiatives (MISTI) program.
The summer internship at Todai provides participating students with an exciting learning experience that connects them with its
outstanding faculty members and research environment. The interns are exposed to cutting edge research at Todai laboratories,
which broadens their technical knowledge as well as helps them appreciate the scientific programs in Japan.
The FOTI International Leadership Awards were granted to the following three MIT students: Mr. Jose M. Lobez (a Ph.D.
candidate in chemistry) conducted research at Prof. Takuzo Aida’ s laboratory in the School of Engineering, which explores all
aspects of supramolecular chemistry and material sciences; Mr. Michael C. Kotson ( a junior in Chemistry) worked as an intern
under the guidance of Prof. Yasushi Suto of the Physics Department in the Graduate School of Sciences, whose research is focused(Continued on next page)7

on cosmology and astrophysics; and Ms. Shion An (a junior

Two Todai Students Attends Yale’ s ELI

in Chemistry) worked as a student researcher in Prof.
Takuzo Ozawa’ s laborator y in the Department of

FOTI awarded its International Leadership Awards

Chemistry, studying various biological processes using(scholarships) to two University of Tokyo (Todai) students

fluorescence and bioluminescence imaging.

who were admitted to the English Language Institute (ELI),
a summer program at Yale University. They are Ms. Azusa

The participating students praise the enormous value of

Aoki, a second year master student in Social andtheir research experiences at Todai. For example, Mr.

International Relations and Mr. Yasuhiro Okazawa, a third

Michael C. Kotson comments, “While my work thisy e a r d o c t o r a l s t u d e n t i n t h e Gr a d u a t e S c h o o l o fsummer was entirely on cosmology and I plan to pursue aInternational Disciplinary Information Studies.

c a re e r i n a s t ro n o m y, t h e re s e a rc h e x p e r i e n c e a n d
programming knowledge I gained will prove invaluable in

The Yale’ s summer program aims at not only teaching

my near future. The classes I have taken as an undergraduate

English to non-English speaking students but also

have taught me the“nurturing and inspiring intellectual growth in a community

principles and facts Iof summer scholars that promotes Yale’ s tradition ofneed for a life ofacademic excellence.” Reports by the Todai students reveal

science, but the skills

that they have found the six-week program highly enriching.

required

ELI students who came all over the world share ideas,todeconstruct ainterests, and cultures, thereby learning from each other.

complex physicalsituation and rebuild it into a simple, quick-running

Ms. Azusa Aoki comments on how the summer school

computer model are best gained through first hand researchexperience helped her become an internationally better

experience. I extend my greatest thanks to Friends of Todai,

qualified professional, “Both the morning and the afternoon

as your support has blessed me with one of the richestclasses enhanced my ability to communicate and express

experiences in my life. The memories of Japan and all that I

thoughts in a more effective way. In particular, the afternoon

encountered will stay with me forever, and the research skills

class focused on practical situations such as a job interview

I have honed will surely benefit me as I begin my career inand negotiation, through which I could learn a lot ofscience. I hope, in some shape or form, that someday I canmanners and customs that should be kept in mind in the

return the favor.”

U.S. Such cultural differences were what I wished to learn
and I wouldn’ t be able to achieve it without help of native

Prof. Hisashi Kobayashi, President of FOTI, remarks, “We

speakers.”

are pleased to report that promising American students,

Dr. Geeta Mehta, Adjunct Professor of Architecture at

future leaders in their respective fields, have experienced

Columbia University and a member of FOTI’ s Advisory

valuable internships at Todai’ s laboratories, reinforcing

Committee, commented,” We are pleased to learn that

their appreciation of the quality of research and education at

FOTI’ s International Leadership Awards have helped the

Todai.”

awardees acquire language and culture skills that are(From FOTI Newsletter, September 2011)prerequisites for successful global leadership.”(From FOTI Newsletter, September 2011)8

Fundraising Results and Financial Report of Fiscal Year 2010-2011
At the Board meeting of August 30th, Prof. Hisashi Kobayashi, FOTI President and Interim Treasurer, reported on the fundraising
result of the FY 2010-2011, which ran from July 1, 2010 through June 30, 2011. The total amount of donations was $98,651,
out of which $58,461 came from the distributions of Shintech’ s Trust Fund, and $40,192 were contributed by 45 individuals,
including matching grants from two corporations. The total revenue was significantly lower than $139,633 raised in FY
2009-2010, which consisted of $96,432 from Shintech’ s Trust fund and $43,200 from 42 individuals. “Although the number ofindividual donors was slightly up, from 42 to 45, the total amount of contributions is lower than last year by about $3,000. The
dividends from the investments of Shintech’ s Trust Fund, however, declined markedly by as much as $38,000 compared FY
2009-2010 (i.e., from $96,432 to $58,461), reflecting the weakened financial market . I am afraid that the dividends from theTrust fund will go down below $50,000 in FY 2011-2012. In order to maintain the same level of grant and award programs, wemust increase considerably donations from individuals. We need to broaden the base of our donors, as well as ask the individuals
to give more to support worthy programs of FOTI,” remarked Kobayashi.

Comparison of the amount of donations received in FY 2009-2010 (left) and that in FY 2010-2011 (right)

Kobayashi also reported that the expenses in FY 2010-2011were $88,195. The breakdown was (1) research grants $40,000($30,000 to Yale, and $10,000 to U.C. Berkeley) ; (2) summer scholarships $41,000 ($21,000 to U.C. Berkeley, $11,000 to Yale,
and $9,000 to MIT), and (3) operating expenses $7,195 ($2,283 for website maintenance and redesign, $2,000 to an accounting
firm for review of FOTI’ s financial statements FY 2009-2010, $1,241 for giveaways at NY Icho-kai Annual Meeting, $708 for
office supplies, $270 for postage, $238 for courier services, $199 for laptop depreciation, $196 for computer technical service, and$60 for NYS tax filing fee).
FOTI’ s asset is $112,369; $110,673 in checking/savings accounts with HSBC Bank USA; $1,696 as the current value of a laptop,
and no liabilities. A summary of FOTI’ s Financial Statements is shown in the next page.

9

Summary of Financial Statements of Fiscal Year 2010-2011

Balance Sheet(Unit: US Dollar)

Fixed Assets
Laptop PC（Undepreciated portion）

Liquid Assets
Checking & Saving Accounts

Total Assets

Profit and Loss Statement

1,696
1,696

Fixed Liabilities

0108,526
108,526

Liquid Liabilities

0

Total Liabilities
Total Capital

0
110,222

Total Capital & Liabilities

110,222

RevenueDonations98,651
98,651

110,222(Unit: US Dollar)

Expenditures
Grants (Research Grants, Awards)
Operating Expenses

88,19581,0007,195

Other Revenue
Interest Income
Operating Profit

10,509Total Asset at Year End of FY 2010-2011

110,22210

53
53

List of Donors in Fiscal Year 2010-2011
We show below a list of donors. Wishes of those donors who prefer to remain anonymous or not to disclose their donation
amounts are honored[CORPORATION]
Benefactor [$25,000 or more]

Less than $250

Shintech Inc.* $58,461*Dividend income from a $5 million trust
fund created for the benefit of FOTI

Fumiko Tamura $200
Takashi Ando $100
Takeo Iwamoto $100
Hiroshi Ota $100
Kazuhiro Tsukamoto $100
Yoshihiro Noguchi $100
Yoshio Hiramoto $100
Tadao Fujimatsu $100
Yoshihiko Matake $100
Kazuma Umehara $50
Taijyu Hisai $50[INDIVIDUALS]
Sponsor [$10,000 - $24,999]
Hisashi Kobayashi $10,000
Donor [$1,000 - $9,999]
Junji Masuda $5,000
Masako Osako $2,100
Hiroshi Ichihara $2,000
Sumiko Ito $1,500
Shunichiro Kishioka $1,000
Ko-Yung Tung $1,000
Yuichiro Kuwama $1,000
Motoatsu & Nobuko Sakurai $1,000
Shinya Wako $1,000
Yasuhide Watanabe $1,000
Supporting Member [$500 - $999]
Toshihiko Omachi $500
Tatsuaki Kobayashi $500
$250 - $499
Todai Ryugakusei Alumni $340
Yoshiyuki Kawashima $250
Kenichiro Yamada $250

Total (1 company, 45 individuals) $98,651

Other Donors(whose gift amounts are not disclosed at the their requests)
Koichi Hamada
Eiji Harada
Yoshitoshi Imoto
Akira Kamosaki
Shunichiro Karato
Eiichiro Kimura
Iwao Kimura
Sjigenori Matsushita
Krishen and Geeta Mehta
Seiei Ono
Sung Kei Paik
Junji Takegami
Ryota Watanabe
Junichi Yokozeki(In alphabetical order)
The total amount of the above 14 donors $9,750
Anonymous Donors(Four individuals) $1,400

11