The Nippon Foundation (日本財団, Nipponzaidan) (Tokyo, Japan) is a private, non-profit grant-making organization. It was established in 1962 by Ryoichi Sasakawa, the late statesman and businessman who, following World War II, was accused, albeit not convicted, of class A war crimes. The foundation’s mission is to direct Japanese motorboat racing revenue into philanthropic activities, and it uses these monies to pursue global maritime development and assistance for humanitarian work, both at home and abroad. In the humanitarian field, it focuses on such fields as social welfare, public health, and education.