Mahamati Foundation
- Assets
- $292.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Barbara, CA
- Founding
- 12/2007
- Data as of
- 12/2020
- EIN
- 20-5930362
Organization Overview
Mahamati Foundation is located in Santa Barbara, CA. The organization was established in 2007. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mahamati Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MAHAMATI'S MISSION IS TO PROMOTE THE ACTIVITIES AND TEACHINGS OF THE KARMA KAGYU TRADITIONS OF TIBETAN BUDDHISM THROUGH THE TEACHINGS, WRITINGS, TRANSLATIONS, AND ACTIVITIES OF ITS PRINCIPAL OFFICER ANANDA SHAN MASSOUBRE, MORE COMMONLY KNOWN AS KARMA TRINLAY RINPOCHE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAHAMATI'S PRESIDENT AND CEO HAS BEEN TEACHING EXTENSIVELY IN KARMA KAGYU BUDDHIST CENTERS THROUGHOUT EUROPE, THE UNITED STATES AND SOUTHEAST ASIA. EACH YEAR HE TEACHES AT LEAST TWO TO THREE TIMES IN THE UNITED STATES AND MORE FREQUENTLY IN FRANCE AND GERMANY. THIS YEAR, HE TAUGHT PRIMARILY ONLINE.
AS A WESTERNER, BORN OF FRENCH AND AMERICAN PARENTS, KARMA TRINLAY RINPOCHE WAS RAISED IN TIBETAN BUDDHIST MONASTERIES AND EDUCATED AT FRENCH AT THE SORBONNE, AS WELL AS OTHER PRESTIGIOUS FRENCH EDUCATIONAL INSTITUTIONS. HE IS FLUENT IN TIBETAN, FRENCH, AND ENGLISH. WITH THIS MULTICULTURAL BACKGROUND, RINPOCHE IS UNIQUELY POSITIONED TO BE ABLE TO TRANSLATE TIBETAN TEXTS INTO BOTH ENGLISH AND FRENCH, INCLUDING BUDDHIST PHILOSOPHICAL AND LITURGICAL TEXTS, AS WELL AS OTHER TEXTS RELATED TO BUDDHIST POETRY, FOR THE USE OF STUDENTS OF THE KARMA KAGYU LINEAGE. IN ADDITION, HE SERVES AS TRANSLATOR FOR THE 17TH KARMAPA, THAYE DORJE, AND OTHER TIBETAN BUDDHIST TEACHERS.
AS PART OF THE TRADITIONAL BUDDHIST TEACHINGS THAT EMPHASIZE THE IMPORTANCE OF GENEROSITY, MAHAMATI DEVOTES SOME OF ITS ASSETS TO MAKING OFFERINGS TO BUDDHIST CENTERS AND ORGANIZATIONS BOTH IN THE UNITED STATES AND ABROAD. THIS YEAR, HOWEVER, BECAUSE OF THE IMPACT OF COVID 19, NO DONATIONS WERE MADE BECAUSE NO REVENUE WAS RECEIVED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ananda Shan Massoubre President/ CEO | OfficerTrustee | 30 | $0 |
Giselle DE Saint Phalle Secretary And Treasurer | OfficerTrustee | 15 | $0 |
Simone Peters Director | Trustee | 5 | $0 |
Marjorie Lakin Erickson Director | Trustee | 8 | $0 |
Roland Peters Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $517 |
| Information technology | $530 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,792 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $288,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,455 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $292,455 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $292,455 |
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