Toyota Foundation Approves 222 Grants
Totaling ¥434 Million for Fiscal 1991

On October 3,1991, the Toyota Foundation's Board of Directors, chaired by Eiji Toyoda, chairman of the board of the Toyota Motor Corporation, approved 222 grants worth a total of ¥434 million for fiscal 1991. The grant presentation ceremony will be held October 15 at the Keio Plaza Hotel in Tokyo. The total amount disbursed for grants in fiscal 1991 is expected to rise to ¥515 million when further grant awards are approved by the Board of Directors in March 1992.