The Grew Bancroft Foundation offers a 4-year undergraduate scholarship to a US liberal arts college for students from Japan. It is named after Joseph C. Grew, US Ambassador to Japan (1932-42) and Edgar A. Bancroft, US Ambassador to Japan (1924-25). Over 200 scholars graduated from prestigious colleges in the last 95 years and currently 36 students are enrolled. The foundation is known for its strong belief in the value of liberal arts college education and its active alumni network. (see detail here)