Toyota Foundation Approves 203 Grants
Totaling ¥450.36 Million for Fiscal 1989

On September 20, 1989, the Toyota Foundation's Board of Directors, chaired by Eiji Toyoda, chairman of the board of the Toyota Motor Corporation, approved 203 grants worth a total of ¥450.36 million for fiscal 1989. The grant presentation ceremony will be held on October 18 at the Keio Plaza Hotel in Tokyo. The total amount disbursed for grants in fiscal 1989 is expected to rise to ¥510 million when further grant awards are approved by the Board of Directors in March 1990.