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 5 years, the organization has seen revenues fall by an average of (7.3%) 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 26 individual grants totaling $12,758,446. 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 |
|---|---|---|---|
Tashi N Khamshitsang Acting Secretary | OfficerTrustee | 8 | $0 |
Tsetsen S Chhoekyapa Alternate Chairperson | OfficerTrustee | 1 | $0 |
Tenzin Dhonden Former Secretary | OfficerTrustee | 1 | $0 |
Tenzin Gyatso His Holiness Chairperson | OfficerTrustee | 1 | $0 |
Jamphel Lhundup Trustee | Trustee | 1 | $0 |
Lobsang Nyandak Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $371,635 |
| 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 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 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 |
| 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 |
| Net assets without donor restrictions | $5,068,859 |
| Net assets with donor restrictions | $189,516 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/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 |
|---|---|
Atlanta, GA PURPOSE: To support Emory Tibet Science Initiative Program | $120,000 |
Somerville, MA PURPOSE: To provide general support | $74,500 |
Oakland, CA PURPOSE: To support Dalai Lama Fellows Program | $50,000 |
Washington, DC PURPOSE: To support Secular Ethics and Leadership Workshop | $35,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Dalai Lama Foundation has recieved totaling $1,026,700.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $1,025,200 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $1,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Board Of Trustees Agc Trust Of Montana Spokane, WA | $18,871,331 | $11,144,345 |
Wattis Dumke Foundation Inc Ketchum, ID | $124,566 | $75,918 |
Tongass Timber Trust Mukilteo, WA | $5,700,029 | $5,800,281 |
The Dalai Lama Foundation Shoreline, WA | $6,300,895 | $851,528 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
One Call For All Bainbridge Island, WA | $2,280,086 | $2,720,804 |
Laidir Foundation Seattle, WA | $43,862,995 | $7,463,532 |
The Berwick Degel Family Foundation Seattle, WA | $7,563,453 | $2,078,571 |
Martin Fabert Foundation Seattle, WA | $16,791,263 | $328,208 |
Austin Family Foundation Newberg, OR | $30,047,559 | $1,660,315 |
Bellarmine Benefactors Trust Spokane, WA | $24,555,171 | $2,993,701 |
Carrie Lewith Charitable Trust Bainbridge Island, WA | $11,195,908 | $406,477 |