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2022-03-31-accounts

Trustees Sir Timothy
Hitchens KCVO CMG,		 Sir Timothy
Hitchens KCVO CMG,		 Sir Timothy
Hitchens KCVO CMG,		 Chair
Mr Takashi Hibino, Vice Chair
Mr Stephen Barber
Ms Yoko Dochi
Mr Keiichi Hayashi
(appointed		 1 July 2022)
Mr Yusuke Kawamura
Professor Sachiko Kusukawa
Ms Rebecca Salter PRA (appointed 1 July 2022)
Professor Hirotaka Takeuchi
Dr Victoria Tuke (appointed
19		 November 2021)
Ms Jessie Turnbull
Professor Sir Mark Walpoit FRSFRCP FRCPath FMedSci FRSE
(appointed
1July 2022)
Director General Mr Jason James
Registered office Daiwa Foundation
Japan House
13/14 Comwall Terrace
London NW1 4QP
Charity Number 299955
Auditors Greenback Alan LLP
Chartered
Accountants		 and Registered Auditor
89 Spa Road
London
SE163SG
Solicitors Clifford Chance
10Upper Bank Street
London EC144JJ
Bankers Lloyds TSBBank pic Mizuho Bank
Cheapside
Branch		 Akasaka Branch
34Moorgate Toho Building
London EC2R 6PL 2-5-1,Akasaka
Minato-Ku
Investment Managers BlackRock
12Throgmorton
Avenue
London
EC2N 2DL

Unrestricted Funds Rcstrictcd Funds Total Funds Total Fuuds
31March 2022 31March 2021
Notes
income 136,425 136,425 215,573
Expenditure
Costs ofgenerating fiinds
Fund managers'
fees		 (23,769) (23,769) (23390)
Charitable
aotiwties
Scholarships (462,108) (462,108) (619,048)
Grants, Awards &Poses 16 (423,288) (423/88) (404,259)
Events (335,501) (335,501) (274,936)
Cultural
Relations		 (45,508) (45,508) (43,138)
Total charitable
activities expenditure		 (1,266,405) (1,266,405) (1,341,381)
Total expenditure (1790,174) (1290,174) (1,364,771)
Net gain/(loss)
on investment		 funds 1,737,004 2,740 1,739,744 9,231,959
Net 1 acorn c/(expenditure) 583355 2,740 585,995 8,082,761
Net moverueut
in funds		 583/55 2,740 585,955 8,082,761
Total funds brought forward 45,048476 70,987 45,119,263 37,036,502
Total funds carried forward 45,631,531 73,727 45,705,258 45,119263
As at 31 March 202 2
Uurestricted Funds Restricted Funds Total Funds Total irunds
31March 2022 31March 2021
Notes
Fixed assets
Tangible assets 162,740 162,740 180,822
Intangible
assets		 10
Investments 45,629,657 73,405 45,703,062 44,863466
45,792,397 73,405 45,865,802 45,044,088
Current assets
Debtors 12 16,765 16,765 41,920
Cash at bank and in band 13 246,544 322 246,866 319,508
263309 322 263,631 361,428
Creditors amouats falling due within 14 (424,175) (424,175) (286,253)
one year
Nct curreut assets (160,866) 322 (160,544) 75,175
Net assets 45,631,531 73,727 45,705,258 45,119263
Funds ofthc Fouudation
Restricted income funds 73,727 73,727 70,987
Unrestricted income funds 45,631,531 45,631,531 45,048,276
Total Funds 45,631,531 73,727 45,705,258 45,119263

31March 31March
2022 2021
Unrestricted
Income
Income from investments 52 924
Other interest receivable 18 44
Voluntary
contributions		 and centre for visiting academics income 104,015 182,264
Rental income (from Japan Society) 32,340 32,340
136,425 215,572
Restricted Income
Income from investments
Total 136,425 215,573

Scholar- Gnmts, Events Cultural 31March 31March
ships Awards Relations 2022 2021
&Prizes
8 8 8
Depreciation 5,511 5,205 7,246 816 18,778 17,702
Utilities,
maintenance 25,649 25,649 53,702 4,809 109,809 84,684
and repairs
Personnel 116,752 111,913 166,639 32,775 428,079 404,728
(non-
Governance)
Other
administration 40,341 36,223 26,732 4,648 107,944 114,423
expenses
Governance 16,606 15,683 21,833 2,460 56,582 47,986
costs (note 6)
204,859 194,673 276,152 45,508 721,192 669,523

31March 31March
2022 2021
Personnel 37,071 35,726
Trustees' expenses 2,951 60
Audit fee 10,560 12,200
Legal fee 6,000

31March 31March
2022 2021
Depreciation
(see note		 9& 10) 18,778 17,702
Staffcosts (see note 8) 465,150 440,454
Auditors' remunemtion for the audit ofthese financial statements 10,560 12,200

year wa s 9(2021:9). Their aggregate
remunera		 tion
comprised:
31March 31March
2022 2021
f,
Wages and salaries 391,201 386,636
Social security costs 34,378 28,369
Pension contributions 39,571 25,449
465,150 440,454

31 March 31 March
2022 2021
1 1

Office Total
Leasehold equipment Office Tangible
premium &fixtures furniture assets
Cost
Beginning ofyear 799,339 152,189 196,243 1,147,771
Additions 696 696
Disposals (1,000) (1,000)
End ofyear 799,339 152,885 195,243 1,147,467
Depreciation
Beginning ofyear 712,582 80,078 174,289 966,949
Charge 1,526 13,562 3,690 18,778
Disposals (1,000) (1,000)
End ofyear 714,108 93,640 176,979 984,727
Net book value
At 1 April 2021 86,757 72,111 21,954 180,822
At 31March 2022 85,231 59,245 18,264 162,740

Total
Software Intangible
assets
Cost
Beginning ofyear 14,658 14,658
Additions
Disposals
End ofyear 14,658 14,658
Depreciation
Beginning ofyear 14,658 14,658
Charge
Disposals
End ofyear 14,658 14,658
Net book value
At I April 2020
At 31March 2021
All assets are held for charitable purposes.

Valuation Valuation Cost Cost
31March 31March 31March 31March
2022 2021 2022 2021
Investment funds:
UK investments 9,452,292 9,253,574 6,700,239 7,600,188
Mixed UK/Overseas 15,882,349 16,376,848 15,326,000 15,326,000
Overseas securities 20,362,685 19,194,830 7,926,168 7,926,168
Subtotal investments 45,697,326 44,825,252 29,952,407 30,852,356
Cash 5,736 38,014
45,703,062 44,863,266 29,952,407 30,852,356

The movement on the bala nce sheet value ofinvestments
is		 analysed
as follows:
31March 31March
2022 2021
Market value brought forward at I April 44,863,266 36,630,382
Additions
at cost		 1,885,000
Disposal proceeds (900,000) (2,885,000)
Dividend
reinvestment		 52 925
Net (loss)/gain in the year 1,739,744 9,231,959
Market value caiTied forward at 31March 45,703,062 44,863,266
Funds under management are as follows:
Market Value
31March 31March
2022 2021
BlackRock 45,703,062 44,863,266
45,703,062 44,863,266
Investments, including those whose market value represents more than 5%ofthe total market value of
the Foundation's investment portfolio are as follows:
31March 31March
2022 2021
Charitrak UK Equity Index 9,439,085 8,340,418
Blackrock Rtn Bond Fund 15,882,349 16,376,848
Blackrock North US Index 8,250,355 6,906,932
Blackrock Emerging
Markets		 USD Flex 5,145,609 5,549,585
Blackrock Europe EK-UK Sub Fund Inst. 2,868,562 2,708,869
Blackrock Japan Index Sub Fund USD 2,599,437 2,653,788
Blackrock Pac Rim Index Sub Fund USD 1,498,723 1,375,657
BlackRock Sterling Liquidity Fund 13,206 913,155
British Pound 5,736 38,014
Market value carried forward at 31March 45,703,062 44,863,266

31March 31March
2022 2021
Other debtors 4,141 3,566
Pre-paid expenses 12,624 38,354
16,765 41,920
13.Cash at bank and in hand
31March 31March
2022 2021
Current Accounts 246,866 319,508
Cash on hand
246,866 319,508
14.Creditotn: amounts falling due within one year
31March 31March
2022 2021
Bank overdrafl 437 201
Grants payable 347,465 206,500
Scholarships
payable
Other creditors 76,273 79,552
424,175 286,253

Number Value Number Value
31March 31March 31March 31March
2022 2022 2021 2021
Grants approved in year
-Institutions 53 171,065 82 210,500
-Individuals 23 63,050 11 26,500
76 234,115 93 237,000
Grants cancelled or returned in (5,500) (17,684)
year
228,615 219,316
Support & Governance costs (see 194,673 184,943
note 5)
423,288 404,259

31March 31March
2022 2021
Analysis ofgrants, awards &prizes awarded in the year
Daiwa Foundation
Small Grants (UK-side)		 141,700 130,500
Daiwa Foundation
Small Grants (Japan-side)		 15,950 19,500
Daiwa Foundation
Awards		 76,465 87,000
Total grants awarded
in 2021/2022		 234,115 237,000
Grants cancelled or retunied in year (5,500) (10,684)
Awards cancelled or returned in year (7,000)
Support & Governance
costs		 (see note 5) 194,673 184,943
Total grants, awards
and prizes		 423,288 404,259
Daiwa Foundation Daiwa Foundation Daiwa Foundation Small
Grants
Support ivas provided for
the ollowin ro'ects:
UK-side
Belfast Photo Festival Support for exhibition costs and travel to X6,000
Belfast by collage artist Kensuke Koike to
develop an exhibition ofnew photographic
work to be displayed
at the Botanic Gardens
and Ulster Museum
and to engage in talks,
Belfast Photo Festival
2to 30 June 2022.
Boston And Hakusan Support for atwo-week exchange visit to f5,000
City Exchange Japan by seven 14-and 15-year old pupils
trom Boston, Lincolnshire
to meet pupils		 and
families in Hakusan,
Ishikawa Prefecture		 as
pmt ofan established
youth exchange
progtumme,
July 2022.
Support for an inaugural
Japan-focused		 f2,000
project: aone-day film festival featuiing a
programme
ofcontemporary
Japanese
Bounce Cinema feature-length
films, short films, live panel
discussions
and editoidal content, at Genesis
Cinema in East London and live streamed,
2022.
British Museum British Museum Support for apublication
accompanying
an
exhibition
showcasing
103recently
rediscovered
rare brush drawings
by the
celebrated
print artist Katsushika
Hokusai,
providing
anew perspective
on Hokusai's
work and broader attitudes
in nineteenth-
centmy Japan, 'Hokusai: The Great Picture
BookofEverything',
30 September 2020 to
30Jail
2022.
Butler, Dr Catherine Support for travel to Japan to conduct
research and interviews
into the way British
children's
books have been adapted and
commoditised
in the Japanese context, and
their role in wider cultural relations,
resulting
in the book British Children's
Literature
in
Ja anese Culture
s rin
2022.
Clark, Mr James Support for travel to Japan by writer, James
Clark, and filmmaker
Robbie McKane to
create Tohoku Recovery
in Action, a
documentiuy
about the Michinoku
Coastal
Trail to showcase the resilience of
communities
affected by the 2011tsunami,
and write an accompanying
book, summer
2021.
Edinburgh International Support for travel to the UK by Kazushi
Ono
Festival to conduct the Scottish Chamber
Orchestra at
the Closing Concert ofthe Edinburgh
International
Festival. The repertoire
will
include works by the Japanese composers
Toru Takemitsu
and Toshio Hosokawa,
Au ust 2021.
Pierce (Festival) Limited Support for travel to the UK by aJapanese
artist to perform
at Fierce Festival
(Birnthtgham)
and Submerge Festival
(Manchester)
in March and October 2022; the
fust time these festivals have included
re resentation
from Ja an.
The Foundling Museum Support for the transport ofartwork by the
Japanese manga artist Taiyo Matsumoto
to
feature in the exhibition
Superheroes,
Oiphans
and Origins: 125years in Comics
which will mn at the Foundling
Museum
in
London,
1 April to 10July 2022 (extended to
28 August).
Gallagher, Mr Oisin and Support for travel to Japan by two mtists on a
Compson, Kd research trip to craft and heritage areas,
facilitating
cultural
exchange through
workshops
with local communities
of
Maruseppu
and Engaru, Hokkaido,
marking
the launch ofaresidenc
ro ramme
2022.
Inhouse Events CIC Support for atwo-week celebration ofJapan
through
screenings ofthe Olympics
and
Japanese film with associated &ee family
events celebrating
culture and sport through
art, including
woodblock-print
workshops
at
an outdoor amphitheatre
in Glasgow,
summer
2021.
John, Mr Klys Support for travel to Japan to develop interior
(The Welsh School Of design case studies for A Studio Guide for
Architecture) Interior Design (Routledge) targeted at
students
on graduate
Interior Design
programmes
globally,
and to enhance links
with Japanese universities
practising
interior
design, autumn 2021.
Keele University,
School		 Support for travel to Waseda University
by a
ofSocial, Political and Keele University
academic to engage in pilot
Global Studies (Dr research examining
the way Japan navigates
Monalisa Adhikari) identities
as an OECD member
and regional
power in its engagement
in peacebuilding
in
Asia, leading to further research and
publications,
July 2022.
Kirkwood, Geoffrey Support for research travel to Japan for a
project celebrating
links between Japan and
North East England,
in partnership
with the
Sage and Royal Northern
Sinfonia, resulting
in an experimental
symphony,
and an mt
installation
featming
film and music, and a
project for schools, July 2021 onwards.
Laczny, Mr Tomasz Suppoit for travel to Japan by photographer
Tomasz Laczny to produce the photographic
exhibition Ema Helena Ania, and to present
work, launch published
photo book, lead
workshop,
and engage in talks and further
collaborations,
Reminders
Photography
Stronghold,
summer 2022.
Liverpool John Liverpool John Moores Support for travel to Japan by Dr Laura Buck Support for travel to Japan by Dr Laura Buck
University, School of to investigate
the morphological
Biological and consequences ofinterbreeding
between
Environmental Sciences Homo Sapiens and Neandeithals
using
models constructed
using hybrid
Japanese/Taiwanese
macaque
skeletons,
and
virtual
sha e anal
ses, summer 2022.
Liverpool John Moores Suppoit for avisit to Fukuoka by Professor
University, School of Mark Lake to engage in collaborative
Sport and Exercise research into promoting
the healthy
Sciences participation
in team sports such as football
by women playing
on new artificial sports
surfaces, a legacy ofthe Olympics,
and a
public seminar to raise awareness ofinjury
risk using biomechanical
testing, September
2021.
London School of Support for travel by Dr Ronald Po to
Economics, Department collaborate
with Dr Ikeda at Tohoku
ofInternational History University
and to study documents
related		 to
(Dr Ronald Po) the Bohai Sea and the Mount Horai legend
resulting
in an article 'The Shaping of
Maidtime Religiosity: The Cultural
History of
Mount Penglai/Horai
in China and Japan',
March and A fll 2022.
MACK Books Ltd Support for the publication
ofa
comprehensive
volume on Eikoh Hosoe to
coincide with amajor retrospective
exhibition
at Kiyosato Photographic
Arts Museum
in
Yamanashi,
Japan available
in both English
and Japanese, edited by Dr Yasufumi
Nakamoid
and produced
under the artist' s
direction, July 2021.
Mente, Ms Eleni Support for a two-month
study visit to Japan
to explore the ways that floods can be
prevented
and global warming
mitigated,		 via
interviews
and research into the principles,
design and maintenance
ofrefuge parks and
disaster preventive
forests, resulting
in
presentations
and publications,
autumn 2022.
Matsunaga, Nao Suppott for aBiitish-Japanese
ceramicist to
undertake
an eight-week
residency
at
Shigaraki
Ceramic Cultural
Park and create
an experimental
new body ofwork using
Shigaraki clay, resulting
in shows and
associated talks in Japan and the UK, October
2021.
Mitchell, Ms Alison Support the travel to Kumejima
in Okinawa
Prefecture
by weaver and textile artist Alison
Mitchell to continue her research into
sustainable
dyeing and the heritage textile
industry,
resulting
in abook contracted
by
Bloomsbury
Visual Arts, 'The Weaving
and
Dyeing Art ofthe Kumejima Kimono'.
Queer East Film Festival Support for the Focus Japan strand ofthis
year's festival, which
vw'll showcase ten
classic and new Japanese films in cinemas
across London and online, along with director
QdhAs and panel discussions
hosted online to
celebrate diverse identities,
and cultures,
15
to 26 September 2021.
Rosier, Mr Matthew Support for artist Matthew Rosier to return. to
Japan with acamera crew for ten days where,
building
on his 2019art residency in Ise, he
will create afilm titled Wood Rots Like We
Do demonstrating
the symbiotic relationship
between the wooden shrines ofIse Jingu and
the surrounding
forest.
Royal Academy ofArts Support for the catalogue
guides for 'Kyosai:
The Israel Goldman
Collection'
which will
focus on the art of'sekiga' or 'spontaneous
paintings',
and the environment
in which
Kawanabe Kyosai's works were created and
appreciated,
19March to 19June 2022.
Royal Collection Trust Support for travel to London by Kazumi
Murose to record afilm demonstrating
how
urushi lacquer is applied
and decorated,
and
to contribute
to the Royal Collection Trust's
Learning
Programme
for 'Japan: Courts and
Culture'
which will rtin at The Queen' s
Gallery, Buckingham
Palace, 8 April 2022 to
12March 2023.
Ruskin Mill Land Trust Support ofartwork and travel by one ofthe Support ofartwork and travel by one ofthe
participating
Japanese mtists giving
masterclasses
at the 2022 International
Festival ofGlass, which has as its theme
Contemporary
Glass and Culture fiom the
East, allowing visitors to sample regional
food, design, and music.
Scottish Society for Art Support for venue costs and travel by Naoko
History (SSAH) Horiuchi
I'rom the Arts Initiative Tokyo to
participate
in atwo-day conference organised
by SSAH in partnership
with the National
Museum ofJapanese History exploring
cultural
connections
between the visual and
material
cultures ofScotland and Japan, 10to
11Febru
2022.
South Eastern Regional Support for travel to Northern
Ireland by five
College (SERC) students
and staff from Toyama Minami
Senior High School to collaborate
on a
project-based
learning project on tourism,		 and
to develop cultural
and language
awareness		 in
Ja an and Northern
Ireland, Se tember 2022.
Support for travel to Japan by Stephen
Marshall
and Deborah Baddoo to further their
research into jazz dance in Tokyo and Sendai,
through
interviews
with 20 key Japanese
State ofTrust dancers and musicians,
and focusing on the
history and development
ofjazz dance in the
US,UK and Japan via talks and dance
presentations
in the run-up to the Jozenji
Street Jazz Festival in Sendai, September
2022.
Support for research travel to Japan to
Stojkovid, Dr Jelena investigate
the work ofaphotographer
and
(Oxford Brookes artist Abe Nobuya (1913-1971),particularly
University) in relation to his life in Rome during the
1960s s iin
2022 .
THA London Support for parallel
group exhibitions
showcasing
UK and Japanese artists in each
other's counhy
celebrating
the silkscreen
printing
technique,
and the history ofEnglish
screenprints,
with associated events,
Urashintora
and StolenSpace Galleries,
October 2021.
University for the Support for the transport ofartwork and
Creative Arts, School of travel by practitioner
and National
Living
Craft and Design Treasure, Mr Komiya, to attend an exhibition
ofnew miniature
works by 28 contemporary
UK and Japanese textile and to give a lecture
and workshop,
University
for the Creative
Arts, Crafts Study Centre, 4 Januaiy to 26
March 2022.
University ofAberdeen, Support for athree-week
stay at the Institute
Institute ofMedical ofMedical Sciences, University ofAberdeen
Sciences by a Waseda University
academic to deploy
advanced mass spectrometty
methods
in
research collaboration
on the regulatory
mechanism
ofthe Rho protein which plays an
important
role in cancer progression,
leading
to publications
and further links September
2021.
University ofAberdeen, Support for fieidwork in Japan by Dr Bowden
Scbool ofGeosciences to collect teaching materials for use in
teaching deep-ocean
sedimentology
to
Aberdeen
students
with a Japanese
perspective,
and leading to areciprocal visit
in which a similar sample set is acquired Irom
Britain, for use by students
at Kobe and
Kochi Universities,
August to November
2021.
University
ofDundee,
Duncan ofJordanstone		 Support for travel to Japan by Professor
Sandra Wilson to research frugal ways of
College of Art and Design working
with precious metals recovered fiom
electronic waste leading to an exhibition with
the Scottish Goldsmiths
Trust in 2023.
University ofExeter, Support for atwo-week visit to Tohoku
Department ofEconomics University
by Dr Kripfganz to collaborate
with PhD student Niklas Uliczka, and to
engage in knowledge
transfer through
seminars,
workshops,
and the delivety ofa
methodological
training
course, autumn
2022.
University of Support for travel to Japan in spring 2022 by Support for travel to Japan in spring 2022 by
Huddersfield, Dr Danilo Di Mascio to meet academics in
Department of Tokyo and Osaka, and document
the
Architecture and 3D relationships
between architecture,
culture,
Design art and nature on Naoshima,
resulting
in an
article, exhibition
and seminar at the
University ofHuddersfield,
and feeding into		 a
lar er corn
arative
ro'ect.
University of Manchester, Support for travel grants for UK and overseas
School of Arts, participants
taking pmt in the triennial BAJS
Languages and Cultures conference
at Mauchester
focusing on new
research in Japanese Studies and comprising
u
to 120
a ers, 7to 9Se tember 2022.
University of Oxford, Support for the Japan festival
in which the
TORCH ~ The Oxford sits and culture, alongside the histories,
Research Centre for the literatures
and languages
ofJapan, will
Humanities feature as part ofawide-reaching
cultural
festival and 14events between October and
December 2021.
University of Sheffield, Support for research travel to Japan by an
School of East Asian academic to explore how Japanese colonial
Studies settlers from Korea and Manchuria
brought
the empire back into the social imagination of
early postwar Japan through
research at the
National
Diet Library, resulting
in an article
and
resentations
summer 2022.
University of York, Support for travel to Japan by Dr Oleg
Department ofHistory Benesch to undertake
research for abook
which places Japanese medieval
history and
symbols
into the context ofalarger 'Global
Medievalist
Moment' (1840-1960),
examining
reciprocal influences
that
reinforced medievalism
around the world and
the specific Japanese context, 2022.
Vaughan, Mr Stephen Support for the publication
costs of'Zassho-
(Bath Spa University) Cascadia', the culmination
ofalong-term
photographic
enquiry
by documentary
photographer,
Stephen Vaughan,
that
considers interwoven
seismic histories
and
earthquake
probabilities
in Japan and the
Pacific Northwest,
September to December
2021.
Wilcox, Mr Matthew Mr Matthew Mr Matthew Support for travel to Japan by Matthew f2,000
Wilcox to research 'The Sushi Encyclopedia'
(Phaidon), abook on sushi and Japanese food
culture focusing on the history and etiquette
ofsushi, and profiles ofchefs, rice growers,
vinegar makers, wasabi growers, urchin
divers and knife artisans,
September 2021.
Zon, Professor Bennett Support for travel to the UK by Professor f2,000
(Durham University) Yoshiyuki
Kikuchi to take part in a
symposium,
and costs associated with the
conference which will explore connections
between Japanese and British science in the
19th cenhu
Jul
2022.
UK-side total %141700
Ja an-side
Gorch Brothers Support for a one-week visit to Japan by f.2,900
English Touring Theatre's artistic director and
aplaywright
to deliver aweek ofworkshops
for five to ten early and mid-career
Japanese
playwrights,
building
on an initial three-day
online workshop
in spring 2020, 15to 21
November 2021.
Kitamaesen Co.,tdd. Support for havel by drumming
group Kodo		 %3,600
to perform at the Fire Station in Sunderland
as part ofKodo's 40th anniversary
celebrations: Kodo One Earth Tour 2022
featuring
elements
related to the nature
and
performing
arts ofSado Island, the home of
Kodo, Febtuat
2022.
Kyushu University, Support for travel to London by Dr Kawahara j2,150
Department of to participate
in research measuring
Communication Design differences
in audio engineering,
contributing
Science to Queen Mary's Mix Evaluation
Dataset and
culminating
in apeer-reviewed
publication,
Se tember 2022.
Nishinaga, Mr Kazuki Support for atwo-week visit to the UK by f2,150
sculptor and artist, Kazuki Nishinaga
to set
up and film the collaborative
process of
installing
the exhibition A Third Map,
inspired
by the game ofchess and the tea
ceremony,
with fellow artist Ryan Orme,
2022.
Saitama University, Saitama University, Support for travel to the UK by academics to F2,700
Graduate
Scbool of		 psuticipate
in an international
workshop
Science and Engineering marking
the bicentennial
ofthe publication of
Joseph Fousder's Theoric analytique
de la
chaleur which has had aprofound
effect on
science and engineering,
27 June to 1 July
2022.
Stick Vox Klavier Support for travel to Japan by composer, f2,450
percussionist
and marimbist
Dr Alejandro
Viiiao to perform at Kanagawa
Prefectural
Hall, Munestugu
Hall (Nagoya) and Suntosy
Hall (Tokyo), and to host master classes at
Kunitachi
College ofMusic, Aichi University
ofthe Arts and Tokyo University
ofthe Arts,
Jul
2022.
Ja an-side total %15950
Total Small Grants f.157650
Daiwa Foundation
Awards
Support was prov'sded for
the
ollowin
ro'ects:
Fabula Collective Ltd Support for travel to Japan to create anew F7,000
Project Partner: UK-Japan dance piece 'Everything
Would Be
HiWood Co.Ltd Nonsense'
as past ofHUMAN. ,a
choreographic
triple bill inspired
by UK
literature,
specifically Macbeth, Alice in
lYonderland,
and The Picture ofDorian
Gray, premiering
at The Pit, New National
Theatre, Tokyo; and a strategic networking
event with Q&A for Japanese indusssy
collea ues Au ust 2021.
Medical Governance Suppoit for reciprocal UK-Japan visits to F.9,500
Research Institute facilitate collaborative
research into financial
Project Partner: conflicts ofinterest between pharmaceutical
University
ofBath,		 firms aud the healthcare
sector, which will
Department
ofSocial and		 result in abilingual
brochure to educate
Policy Sciences healthcare
professionals
and students,
and
participation
in an international
meeting
in
Bath, September to December 2022.
Sainsbury
Institute for		 Sainsbury
Institute for		 Support for travel to Japan and costs
the Study ofJapanese associated with research and analyses ofthe
Arts and Cultures Shinto statues housed in the collections ofthe
(SISJAC) Sainsbuty
Centre in Norwich,
and with
project partners: educational
programmes
conducted
in the UK
Nara National Research and Japan with aview to enhancing
research
Institute for Cultural and educational
networks.
Properties, Tokyo
National
Museum,
Ritsumeikan
Universi
Scottish Universities Support for dtree UK-based researchers
to
Environmental
Research		 visit Lake Suigetsu in Fukui Prefecture to
Centre engage in a study ofthe relationship
between
project partners: Earth's magnetic
field strength
and the receipt
Ritsumeikan
University,		 ofcosmogenic radiation
at the Earth's smface,
Research Centre for as recorded by luminescence
profiling
at
Palaeoclimatology; Lake Suigetsu, 2022.
Kobe University,
Research Center for
Inland Seas
University
College		 Support for travel to Osaka University
by five
London, Department of University
College London scientists to
Computer
Science		 collaborate
with colleagues
at the Graduate
project partner: School ofEngineering
Science in developing
Osaka University arobot teleoperative
system and to deliver
Graduate
School of		 talks on their research proposals
and
Engineering
Science		 achievements,
28 March to 3 April 2022.
University
ofGreenwich,		 Support for travel to Yamanashi
University
School ofComputing and by Greenwich
academics to collaborate
on a
Mathematical
Sciences		 project proposing
novel, more accurate multi-
project partner: view classification
models using AI, to help
University
ofYamanashi		 accelerate to diagnosis ofCovid-19, August
and December 2021.
University
ofHull,		 Support for Dr Kazuyo Nakabayashi
from the
Department
of		 University ofHull to travel to Japan to
Psychology
project partner:		 embark on a collaborative
project to develop
fic online self-care programs
to support
Ritsumeikan
University,		 children
suffering
trom domestic abuse in
Department
of		 coping with emotional
distress caused by the
Psychology ttauma. The project is in collaboration
with
Ritsumeikan
University
to support
and
strengthen
the work by aJapanese NPO
which has been providing
a lifeline for the
children.
University
ofSheftield,		 Support for reciprocal UK-Japan visits to Support for reciprocal UK-Japan visits to f12,000
Translational
Energy		 underpin joint research on reduced-cost
Research Centre (TERC) components
for hydrogen		 fuel cells
project partner: (focussing on platinum-fice catalysts
and
Kyushu
University,		 alternative
electrolytes)
to		 ultimately
expedite
University
ofTokyo,		 decarbonisation
ofthe automotive
sector,
Hokkaido
University		 June 2021 to May 2022.
University
ofthe Arts		 Support for travel to Japan by ten University f.7,000
London, Camberwell ofthe Arts London students
on the new MA
College ofArts Global Collaborative
Design Practice course
Project Partners to spend 4months
visiting		 Kyoto Institute of
Kyoto Institute of Technology
as part ofa collaborative,
Technology creative exchange.
Total
Awards		 f76 465
OVERALL Total f234 115
Unrestricted Funds Restricted Funds Total Funds Total Funds
31March 2021 31March 2020
Income 215,572 215,573 467,895
Expenditure
Cosls ofgeneralingfimds
Fund managers'
tbes		 (23,390) (23,390) (23,426))
Cbarnab(e acllvllles
Scholarships (619,048) (619,048) (781,744)
Groats, Awards
bt Prizes		 (404,259) (404,259) (452,397)
Events (274,936) (274,936) (311,467)
Cultural
Relauons		 (43,138) (43,138) (42256)
Total charitable
activities expenditure		 (1,341,381) (1,341,381) (1,587,864)
Total expenditure (1,364,771) (1,364,771) (1,6IIP90)
Net gain/(loss)
on investment		 funds 9,217,732 14,227 9231,959 (3,469,580)
Net Income/(expenditure) 8,068,533 14,228 8,082,761 (4,612,975)
Net movcmcnt
in funds		 8,068,533 14,228 8,082,761 (4,612,975)
Total funds brought forward 36,979,743 56,759 37,036,502 41,649,477
Total fands carried forward 45,048,276 70,987 45,119263 37,036,502