Marubeni Foundation Activities Win the Corporate Philanthropy Awards’ Mutually Supportive Society Award

WEBWIRE – Friday, January 10, 2025

Marubeni has been named the winner of the Mutually Supportive Society Award in the 22nd Corporate Philanthropy Awards given by the Japan Philanthropic Association.

This award recognizes corporate social contribution activities that make organic and sustainable use of a companys management resources (human capital, know-how, technology, information, etc.) to address challenges facing society. Marubeni received the award in recognition of the activities of the Marubeni Foundation across the past five decades.

The Marubeni Group and Marubeni Foundation will continue to actively award grants with the aim of realizing a society which embodies the idea that where there are people, there are dreams.

About the Marubeni Foundation for Social Welfare

The Marubeni Foundation was established in 1974 with financial contributions from Marubeni and has continued to provide grants to an annual total of 100 million yen since 1975. In consideration of the year-on-year increase in the number of grant applications and a desire to further respond to social needs in any way possible, Marubeni and the Marubeni Foundation decided to expand the grants to a total of 300 million yen to coincide with the landmark 50th anniversary of the Marubeni Foundation in 2024.As of January 2025, a total of 5.25 billion yen for 3,044 projects has been awarded.

Financing for Marubeni Foundation grants is primarily handled through a cooperative framework between individuals and Marubeni. The funding is comprised of financial contributions from Marubeni and income from asset management; donations by individuals to the 100 Yen Club, a fundraising organization with a voluntary membership comprised of Marubeni and Marubeni Group executives, employees, and alumni, whose donations are then matched by Marubeni; and admission fees from the Marubeni Gallery.

Reflecting the social circumstances of todays world, grant recipients include a wide range of facilities and organizations engaged with persons with disabilities, children and youth, and the elderly; organizations engaged in support for individuals who have become socially withdrawn, the protection of women, and aiding those facing economic uncertainties; and childrens cafeterias in local communities (facilities that provide meals for children and others for free or at a reduced price), food banks, and initiatives for the development and improvement of local communities. Special consideration is given to projects which are outside the general scope of governmental reach, or to unique and pioneering projects which are expected to have a ripple effect on the enhancement of social welfare, while leveraging the unique benefits of these being private sector funds.

Marubeni Foundation Videos and Information: https://www.marubeni.com/en/lp_cs/

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