To support education and upbringing of future generation, Marubeni in Indonesia established Marubeni Scholarship Foundation in 1999 under the name of“Yayasan Beasiswa Marubeni” (“YBM”).
Sustainability Scholarship Funding
Foundation is a “Not-for-Profit” organization
At establishment, kick-off capital is provided by Marubeni
Capital is used to fund scholarship for students, and to also generate interest on unused capital
Unused capital is managed to generate more income which lead to more scholarship opportunities
Foundation was established in 1999, at a very difficult time following the Asia currency crisis
Funding is stable and sustainable, is not affected by corporate annual performance
Activities
The Foundation always holds a scholarship ceremony at each university at the beginning of each year with the aim of strengthening the relationship among Foundation, Universities, and Recipients.
Actively held small discussion with all recipients regarding their activities, plans, and Q&A session.
The Foundation actively communicates with the universities in relation to the recipients academic status and activities.
Maintain communication with the rector and the university to share information regarding foundation and university.