Japanese Alumni Boost FUTI’s Third Annual Campaign

The annual fundraising campaign for the fiscal year (FY)2011/2012 (July 1, 2011-June 30, 2012) concluded successfully, with a 40% increase over the previous year, as shown in the bar charts. This significant gain is primarily due to two major factors.

First, the donations from individuals sharply increased from $43,200 (42 individuals) of FY 2009/2010 and $40,192 (45 individuals) of FY 2010/2011 to $62,005 (77 individuals) in FY 2011/2012.
Secondly, the contributions from Shintech Inc’s Trust Fund, which was as low as $58,461 in FY 2010/2011, increased to $77,155 in FY2011/2012, although this amount is still much below $96,432 earned in FY 2009/2010.
The significant gain in the individual donations is largely owing to the generous donations of $23,350 by 22 alumni in Japan, whom President Kobayashi contacted individually. The pie chart shows a breakdown of the individuals’ donations by group and region. Out of the $77,150 donations from individuals, $26,235 came from 12 members of FUTI Board of Directors or Advisory Committee members; $23,350 from 22 alumni in Japan as noted above; $4,320 from 25 members of New York Ichokai (excluding 11 members who serve as FUTI’s Board or Advisory Committee); $4,200 from 8 alumni of Chicago Akamon-kai; $3,300 from 7 alumni in California and Washington States; and $600 from 3 alumni in Texas or Missouri.

“We are most grateful to the generous support from our alumni in Japan. We are also pleased by the support from our alumni in the Chicago region, IL, alumni in the San Francisco region, CA, and other states including, Missouri, Texas and Washington. I am also glad that the dividends from Shintech’s Trust Fund rebounded, contrary to my concern of a year ago. These increase in revenue made this year’s summer scholarship programs significantly larger than the last year, as is reported in other articles in this newsletter” remarked President Kobayashi.  The list of donors is posted in “Campaign Result of FY2011-2012: Final Report” on the FUTI website.

Articles in this newsletter: