Okinawa Institute Of Science And Technology Foundation Inc

Organization Overview

Okinawa Institute Of Science And Technology Foundation Inc is located in Irvington, NY. The organization was established in 2019. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Okinawa Institute Of Science And Technology Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Okinawa Institute Of Science And Technology Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Okinawa Institute Of Science And Technology Foundation Inc generated $470.9k in total revenue. All expenses for the organization totaled $242.6k during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CHARITIBLE SUPPORT FOR OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY GRADUATE UNIVERSITY (OIST) AND US-JAPAN SCIENCE PROGRAMS. THE OIST FOUNDATION COLLABORATES WITH THE OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY GRADUATE UNIVERSITY (OIST) (WWW.OIST.JP) TO ACCOMPLISH OUR COMMON GOALS IN SCIENCE AND INNOVATION. OIST IS A PIONEERING GRADUATE UNIVERSITY THAT BRIDGES DISCIPLINES TO EXPLORE NEW FRONTIERS OF SCIENTIFIC KNOWLEDGE. OIST EDUCATES A NEW GENERATION OF SCIENTIFIC LEADERS, ENCOURAGES BOLD THINKING, AND STRIVES FOR EXCELLENCE. A CATALYST FOR BREAKTHROUGH INNOVATION LOCALLY AND GLOBALLY, OIST BRIDGES OKINAWA, JAPAN, AND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING SCIENTIFIC BREAKTHROUGHS: THE OIST FOUNDATION SUPPORTS SCIENTIFIC BREAKTHROUGHS BY FUNDING INNOVATIVE RESEARCH AT OIST, HELPING OIST RESEARCHERS FOSTER STRATEGIC PARTNERSHIPS IN THE U.S., AND DEVELOPING ENDOWED PROFESSORSHIPS. OIST DELIVERS WORLD-LEADING RESEARCH AND A WORLD-CLASS PH.D. PROGRAM IN THE SCIENCES. THE OIST FOUNDATION WORKS WITH OIST TO ASSIST THE UNIVERSITY IN ITS STRATEGIC GROWTH IN THESE AREAS. AS THE UNIVERSITY GROWS, THE OIST FOUNDATION AIMS TO ASSIST OIST IN DEVELOPING ENDOWED PROFESSORSHIPS AND IN SUPPORTING CAMPUS EXPANSION IN ORDER TO ENSURE THE UNIVERSITY HAS GLOBAL IMPACT. THE OIST FOUNDATION WORKS CLOSELY WITH OIST ON NAMING OPPORTUNITIES FOR BUILDINGS, CONFERENCE ROOMS, AND ALSO ENDOWED PROFESSORSHIPS.


CONNECT THE U.S. AND JAPAN THROUGH SCIENCE: THE OIST FOUNDATION FOSTERS OPPORTUNITIES FOR U.S.-JAPAN COLLABORATION IN SCIENCE AND TECHNOLOGY AND PROMOTES U.S.-JAPAN SCIENCE DIPLOMACY THROUGH EVENTS, WORKSHOPS, AND STRATEGIC PARTNERSHIPS. THE UNITED STATES AND JAPAN ARE BOTH WORLD LEADERS IN THE FIELD OF SCIENCE AND TECHNOLOGY. SINCE THE SIGNING OF THE U.S.-JAPAN AGREEMENT ON COOPERATION IN SCIENCE AND TECHNOLOGY IN 1988 AND ITS EXTENSION IN 2014, THE TWO COUNTRIES HAVE COLLABORATED ON COMPLICATED ISSUES RANGING FROM LIFE SCIENCES TO SPACE. THESE ACHIEVEMENTS ILLUSTRATE THAT ENHANCING SCIENTIFIC COOPERATION PRESENTS AN OPPORTUNITY TO STRENGTHEN THE U.S.-JAPAN ALLIANCE AND FURTHER ITS ROLE IN ADDRESSING CRITICAL GLOBAL CHALLENGES.THE OIST FOUNDATION ACHIEVES THIS THROUGH: 1) BRINGING TOGETHER LEADING SCHOLARS AND THINKERS FROM JAPAN AND THE U.S. TO EXAMINE AND DISCUSS THESE TOPICS, 2) ASSISTING THE OKINAWA INSTITUTE OF SCIENCE AND TECHNOLOGY IN DEVELOPING RESEARCH LINKS WITH INSTITUTIONSIN THE UNITED STATES, AND 3) BRINGING TOGETHER LEADERS IN ENTREPRENEURSHIP AND VENTURE CAPITAL IN THE U.S. AND JAPAN TO WORK WITH OIST TO BUILD AN INNOVATION ECOSYSTEM IN OKINAWA, AND 4) CULTIVATING A STRONG OIST ALUMNI NETWORK IN THE UNITED STATES.


88 KEYS CAMPAIGN: WE DEVELOPED A SPECIAL CAMPAIGN TO RAISE FUNDS FOR MUSIC X SCIENCE ACTIVITIES AND FOR A PIANO FOR OIST.


WOMEN IN SCIENCE: THE OIST FOUNDATION SUPPORTS OIST'S OUTREACH TO WOMEN AS STUDENTS AND PROFESSORS, SEEKS TO INSPIRE LOCAL GIRLS' INTEREST IN SCIENCE, AND HELPS ENSURE THAT WOMEN CAN THRIVE AS SCIENTISTS AND ENGINEERS. DIVERSITY AND INCLUSION IS A CRITICAL VALUE AT OIST AS IS EVIDENCED BY THE FACT THAT OIST WON THE OPTICAL SOCIETY'S 2018 DIVERSITY AND INCLUSION AWARD FOR ITS WORK IN THIS AREA. OIST AIMS TO ENCOURAGE MORE WOMEN TO ENTER THE SCIENCES AND THRIVE AS SCIENTISTS. FURTHERMORE, THE UNIVERSITY COLLABORATES WITH THE UNIVERSITY OF THE RYUKYUS TO RUN THE RYUKYU GIRLS IN THE SCIENCES PROGRAM, WHICH ENCOURAGES GIRLS IN OKINAWA TO STUDY THE SCIENCES.GLOBAL SCIENCE LEADERSHIP: DONATIONS TO THE OIST FOUNDATION FOSTER THE DEVELOPMENT OF SCIENCE LEADERS BY PROVIDING SCHOLARSHIP SUPPORT AND BY EMPOWERING OIST TO PROVIDE A DYNAMIC CAMPUS EXPERIENCE FOR STUDENTS, POSTDOCS, RESEARCHERS, AND ALL MEMBERS OF THE COMMUNITY. IN PARTNERSHIP WITH OIST, THE OIST FOUNDATION AIMS TO EMPOWER STUDENTS TO BECOME GLOBAL SCIENCE AND TECHNOLOGY LEADERS WHO CAN POSITIVELY TRANSFORM OKINAWA, JAPAN, THE REGION AND THE WORLD. FUNDING FROM THE OIST FOUNDATION AIMS TO PROVIDE ADDITIONAL SUPPORT TO STUDENTS AND ALSO TO BUILD A DYNAMIC CAMPUS EXPERIENCE INCLUDING THE EXPANSION AND DEVELOPMENT OF STUDENT CLUBS AND ACTIVITIES. INNOVATE OKINAWA: WITH YOUR SUPPORT, THE OIST FOUNDATION CAN PROVIDE THE FUNDING NEEDED TO TRANSFORM INVENTIONS IN THE LABORATORY INTO GLOBALLY RELEVANT TECHNOLOGIES AND HELP BUILD AN ENTREPRENEURIAL INNOVATION ECOSYSTEM IN OKINAWA. THE OIST FOUNDATION AND OIST AIM TO WORK WITH OKINAWA TO TRANSFORM IT INTO A "GO-TO" DESTINATION FOR ENTREPRENEURS. OIST AIMS TO USE THEIR KNOWLEDGE AND FACILITIES TO ADDRESS CRITICAL GLOBAL ISSUES. THROUGH DONATIONS AND INVESTMENT, THE OIST FOUNDATION WORKS WITH OIST TO CREATE AND SUSTAIN AN INNOVATION ECOSYSTEM IN OKINAWA.INSPIRING THE NEXT GENERATION: DONATIONS TO THE OIST FOUNDATION ENABLE OIST TO INSPIRE THE NEXT GENERATION OF OKINAWANS TO EXCEL IN THE SCIENCES THROUGH EDUCATIONAL OUTREACH TO YOUNG PEOPLE. OIST NOT ONLY FOCUSES ON RESEARCH AND EDUCATION PROGRAMS THAT PUSH THE FRONTIERS OF KNOWLEDGE TO BENEFIT HUMANITY, BUT ALSO THE INSTITUTION AIMS TO DEEPEN RELATIONSHIPS WITH LOCAL SCHOOLS, TEACHERS, AND STUDENTS, IN ORDER TO IMPACT THE NEXT GENERATION. WITH THE HELP OF THE OIST FOUNDATION, OIST AIMS TO INSPIRE OKINAWAN STUDENTS TO STUDY SCIENCE AND TECHNOLOGY AND HAVE THE POTENTIAL TO BECOME FUTURE OIST STUDENTS.COVID 19 FUND: IT WAS A SPECIAL EFFORT TO HELP OIST SUPPORT OKINAWA DURING THIS CHALLENGING TIME THROUGH LEVERAGING ITS SCIENTIFIC EXPERTISE TO ASSIST DURING THIS TIME OF CRISIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $94,785
All other contributions, gifts, grants, and similar amounts not included above$358,133
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$452,918
Total Program Service Revenue$0
Investment income $17,970
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $470,888

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Okinawa Institute Of Science And Technology Foundation Inc has recieved totaling $138,041.

Awarding OrganizationAmount
Ryuji Ueno Foundation Inc

Washington, DC

PURPOSE: DONATION FOR 2021 SEASON

$88,000
Sachiko Kuno Foundation Inc

Washington, DC

PURPOSE: TO FUND CHARITABLE ACTIVITIES.

$50,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$41
View Grant Recipient Profile

Endowment Analysis

Earnings$17,957
Net Contributions$78,859
Ending Balance$96,816

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