The Dalai Lama Foundation
- Assets
- $6.3m
- Revenue
- $851.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Shoreline, WA
- Founding
- 05/2010
- Data as of
- 03/2019
- EIN
- 26-4635814
Organization Overview
The Dalai Lama Foundation is located in Shoreline, WA. The organization was established in 2010. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. Dalai Lama Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2019, Dalai Lama Foundation generated $851.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $4.3m during the year ending 03/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dalai Lama Foundation has awarded 30 individual grants totaling $12,966,670. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS FOUNDED TO FUND AND PROVIDE FINANCIAL SUPPORT, THROUGH GRANTS AND DONATIONS, FOR THE ACTIVITIES OF INDIVIDUALS AND INSTITUTIONS BELONGING TO, ASSOCIATED WITH AND WORKING FOR THE WELFARE OF THE TIBETAN COMMUNITY AND OTHER NEEDY PERSONS AROUND THE WORLD, THE STUDY PRESERVATION AND PROMOTION OF THE CULTURE AND HERITAGE OF THE ANCIENT CIVILIZATION OF TIBET IN ITS MANY FACETS INCLUDING BUT NOT LIMITED TO ITS HISTORY, RELIGION, ARTS, CRAFTS, ARCHITECTURE, MEDICINE AND WAY OF LIFE, AND PROMOTION OF EDUCATION, HUMAN HEALTH AND WELFARE, AND PROVISION OF BASIC HUMAN NEEDS FOR ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO PROMOTE THE TIBETAN STUDIES AND BUDDHIST PHILOSOPHY AND SCIENCE. GRANTS ARE GIVEN TO INSTITUTES THAT TEACH SPECIFICALLY TO THE YOUNGER GENERATION OF TIBETANS AND ALSO TO THE NON-TIBETANS WHO WISH TO STUDY TIBETAN LANGUAGE AND LITERATURE AND BUDDHIST PHILOSOPHY AND SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamphel Lhundup Trustee | Trustee | 1 | $0 |
Lobsang Nyandak Trustee | Trustee | 1 | $0 |
Tenzin Taklha Trustee | Trustee | 1 | $0 |
Yodon Thonden Trustee | Trustee | 1 | $0 |
Tenzin Dhonden Former Secretary | OfficerTrustee | 1 | $0 |
Tashi N Khamshitsang Acting Secretary | OfficerTrustee | 8 | $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 | $371,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,635 |
| Total Program Service Revenue | $0 |
| Investment income | $146,689 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $333,204 |
| 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 | $851,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $279,500 |
| Grants and other assistance to domestic individuals. | $160,015 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,810,020 |
| 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 | $52,552 |
| Fees for services: Accounting | $16,118 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,065 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $757 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $65 |
| Insurance | $3,014 |
| All other expenses | $0 |
| Total functional expenses | $4,338,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,063,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,810 |
| 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 | $4,131,004 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,300,895 |
| Accounts payable and accrued expenses | $17,520 |
| Grants payable | $1,025,000 |
| 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 | $1,042,520 |
| Unrestricted restricted net Assets | $5,068,859 |
| Temporarily restricted net Assets | $189,516 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $5,258,375 |
Grants Awarded
Over the last fiscal year, The Dalai Lama Foundation has awarded $279,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WISDOM PUBLICATIONS PURPOSE: To provide general support | $74,500 |
EMORY UNIVERSITY PURPOSE: To support Emory Tibet Science Initiative Program | $120,000 |
TIBETAN COMMUNITY DEVELOPMENT FUND PURPOSE: To support Secular Ethics and Leadership Workshop | $35,000 |
DALAI LAMA FELLOWS CO COMMUNITY INITIATIVES PURPOSE: To support Dalai Lama Fellows Program | $50,000 |