The economy of Japan is a highly developed free-market economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). and is the world's second largest developed economy. ... It has the world's second-largest foreign-exchange reserves worth $1.3 trillion.
Answer: Most probably, true, as the foundation would qualify as an NGO, and its mission aligns with that of many other humanitarian relief organizations.