Since 2003, the Mizuho USA Foundation has had one mission: to strengthen and sustain our surrounding communities. We focus our grants on innovative nonprofits’ programs that improve affordable housing, economic development and workforce development in underserved neighborhoods in New York City. We also make grants to support our employee involvment in local communities.
Program Grants and Guidelines
We support a mix of citywide and local community development programs in New York City focused on:
- Affordable housing, including funding to facilitate access to affordable housing for low- and moderate-income individuals and families. While we do not make grants for building rehabilitation or construction, we will consider programs supporting affordable housing development and preservation, educational programs in homeownership counseling, home maintenance and foreclosure prevention, and “green” initiatives.
- Workforce development through programs that strengthen the workforce development field through technical assistance and training for nonprofits. We support programs that help low- and moderate-income individuals in the development of skills essential to self-sufficiency with an emphasis on work-entry programs, employment retention, career advancement and personal financial.
- Economic development, including programs that foster economic and commercial revitalization through small business development, entrepreneurship, job creation and retention initiatives.
How to apply
To apply for a grant, your organization must:
- Be recognized as tax-exempt under IRC Section 501 (c)(3) and classified as a public charity under Section 509(a)(1) or Section 509(a)(2) and NOT a supporting organization under Section 509(a)(3)
- Present a proposal that satisfies the Mizuho USA Foundation guidelines
- Not discriminate based on age, race, nationality, ethnicity, gender, disability, sexual orientation, political affiliation or religious belief
- Comply with US anti-terrorism laws and regulations, including the USA PATRIOT Act and Executive Order 13224, pertaining to US-based nonprofits acting outside the US
We look for:
- New initiatives
- Education and training programs that foster community development
- Efficacy, distinctiveness and the potential to be replicated
- Potential for self-sufficiency or support from other sources in the future
- Efficient use of funds and resources
- Opportunities for Mizuho Americas employees to get involved
We don’t fund:
- General operating support
- Religious, sectarian, fraternal, veteran, athletic or labor groups
- Organizations or programs outside the US
- Political causes, candidates, campaigns or lobbying programs
- Fundraising events (e.g., charitable dinners, sporting events)
- Endowment or capital campaigns
First, eligible nonprofits should submit a 1–3 page concept paper for initial review. We’ll review all concept papers within 12 weeks, and invite select organizations to submit more detailed proposals. The Foundation’s Board of Directors will make grant awards in November. Most grants are made for a one-year period.
The concept paper should include:
- A brief description of the organization including its legal name, history, mission/goals, activities and website address
- A description of the program for which funding is sought, including a statement of need, goals and objectives, expected outcomes and evaluation methods, projected time frame, populations and geographies served
- Grant amount requested
- A preliminary program budget, with projected expenses and revenues, including funding commitments received to date for the program as well as pending requests (may be provided in attachment form)
- A copy of the organization’s IRS determination letter indicating 501(c)(3) tax-exempt status and 509(1) public charity classification
Annual deadline for concept paper:
(Note: If July 1 falls on a Saturday or Sunday, the deadline will be the first business day in July.)
Send your concept paper to:
Mizuho USA Foundation, Inc.
1251 Avenue of the Americas, 31st Floor
New York, New York 10020-1104
Mizuho USA Foundation, Inc.
+1 212 282 4192
Our employees in the US can decide where they want to make an impact and request grants for nonprofits in education, arts and culture, health and community affairs through our:
- Community Involvement Grants Program: small grants to nonprofits with which Mizuho offices volunteer
- Matching Gift Program: a 1-to-1 match for qualifying contributions made by eligible employees to qualifying nonprofits
Mizuho USA Foundation Board of Directors
John H. Higgs, Partner (retired), Morgan, Lewis & Bockius, LLP
Nancy Bercovici, Senior Vice President (retired), Federal Reserve Bank of New York
Hiroshi Suehiro, Senior Managing Executive Officer and Head of the Americas,
Mizuho Bank, Ltd.; Chairman, Mizuho Bank (USA)
Minako Nakamoto, President and CEO, Mizuho Bank (USA)
Mitsuhiro Kanazawa, Managing Director, Americas Division, Mizuho Bank, Ltd.
Mizuho USA Foundation Officers
John H. Higgs, Chairman
Minako Nakamoto, President
Mitsuhiro Kanazawa, Secretary
Paul Dankers, Treasurer
Lesley H. Palmer, Executive Director
Leah Markham, Program Officer
Albert Scarola, Assistant Treasurer