Iwamoto Europe Foundation
Dieter: Can we just merge this comment into European Go Cultural Centre?
bugcat: Is there a good reason to merge? The Iwamoto Europe Foundation isn't a suborganisation of the EGCC; it only uses funds from the EGCC's sale. Similarly, the T. Mark Hall Foundation provided the money to purchase the London Go Centre, but I don't think we'd group those together.
"Two years ago <the European Go Cultural Centre> was sold. ... It was bought in 1991 for 658k euros.
The money for the purchase was given by the Japanese. Sold it for 2.7 million euros. Of that 1 million the Japanese asked to return to Nihon-Kiin.
After deducting miscellaneous expenses, 1.5 million euros went to Iwamoto’s fund <the Iwamoto Europe Foundation>. It will be spread over 25 years. To be spent on the development of Go in Europe."
-- 2021 comment by Alexander Dinerchtein, translated from Russian by AI