Chopra Foundation
- Assets
- $1.4m
- Revenue
- $2.7m
- Investments
- $200.0k
- Employees
- 3
- Location
- New York, NY
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 36-4793898
Organization Overview
Chopra Foundation is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2022, Chopra Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chopra 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 12/2022, Chopra Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Chopra Foundation has awarded 17 individual grants totaling $1,027,834. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO IMPROVING HEALTH AND WELL BEING, CULTIVATING SPIRITUAL KNOWLEDGE, EXPANDING CONSCIOUSNESS, AND PROMOTING WORLD PEACE TO ALL MEMBERS OF THE HUMAN FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SYMPOSIUMS, SEMINARS AND RETREATS - THE FOUNDATION HOSTS VARIOUS PROGRAMS AND EVENTS ANNUALLY TO FULFILL ITS MISSION OF IMPROVING HEALTH AND WELL-BEING AND PROMOTING SPIRITUALITY, CONSCIOUSNESS, AND PEACE TO ALL OF THE HUMAN FAMILY. THE JOURNEY INTO HEALING PROGRAM FOCUSES ON BRINGING MIND-BODY BALANCE, HEALTH, AND NOURISHMENT INTO LIFE. THE RESET AND REJUVENATE RETREAT IS A UNIQUE EXPERIENCE FOCUSED ON PHYSICAL WELL-BEING. INDIVIDUALS HAVE THE EXPERIENCE OF PARTICIPATING IN THE SELF DIRECTED BIOLOGICAL TRANSFORMATION INITIATIVE, WHICH STUDIES THE HEALTH BENEFITS OF LIFESTYLE CHOICES. THE LONGEVITY RETREAT - THE CHOPRA FOUNDATION'S THREE-DAY LONGEVITY RETREAT WILL INCLUDE BOTH A THEORETICAL AND PRACTICAL UNDERSTANDING OF THE ABOVE PRINCIPLES AND IN PARTICULAR, THE SHIFT OF IDENTITY FROM BODY, MIND, PHYSICAL CIRCUMSTANCES TO THE SOURCE OF ALL EXPERIENCE, WHICH IS CONSCIOUSNESS AND AWARENESS. COMBINING TECHNIQUES FROM EASTERN WISDOM TRADITIONS AND WESTERN SCIENCE, THOSE ATTENDING THIS COURSE WILL COME AWAY WITH A DEEP UNDERSTANDING OF THE NEW REALITY WE CAN CREATE. IT IS CRUCIAL THAT PARTICIPANTS COMMIT TO THE DISCIPLINE OF MAKING THE TECHNIQUES A PERMANENT HABIT. . SAGES & SCIENTISTS SYMPOSIUM - A GLOBAL SYMPOSIUM OF WORLD CLASS RESEARCHERS, SCIENTISTS, ARTISTS, PHILOSOPHERS AND POLICY MAKERS. THE FOCUS OF THE SYMPOSIUM TO EXPLORE THE LATEST RESEARCH AND DIALOGUE TO FOSTER PERSONAL, SOCIETAL AND PLANETARY WELLBEING. . NEVERALONE GLOBAL SUMMIT - A GLOBAL ONLINE SYMPOSIUM WITH THOUGHT LEADERS AND MENTAL WELLBEING COMMUNITY EXPERTS COLLABORATING TO HELP PEOPLE LEARN TO BUILD THEIR RESOURCES AND PRACTICES TO PROMOTE THEIR MENTAL, EMOTIONAL, AND SPIRITUAL HEALTH.
NERVERALONE: MENTAL WELLBEING & SUICIDE PREVENTION: NEVER ALONE IS A PROGRAM AND MOVEMENT OF PEOPLE AND ORGANIZATIONS DEDICATED TO INCUBATING A NEW VISION FOR MENTAL AND EMOTIONAL HEALTH AND THE RESOURCES AVAILABLE TO PEOPLE SEEKING SUPPORT. THE NEVER ALONE ALLIANCE REPRESENTS A COLLABORATION OF BUSINESSES, POLICYMAKERS, MENTAL HEALTH PROFESSIONALS, WELLNESS INITIATIVES, SCIENTISTS, SCHOOLS, AND MORE. OUR GOAL IS TO BUILD MENTAL HEALTH AWARENESS, ADVANCE SCIENTIFIC RESEARCH, WORK WITH POLICY-MAKERS AND CREATE A GLOBAL TECHNOLOGY PLATFORM TO DEMOCRATIZE ACCESS TO RESOURCES. NEVERALONE OFFERS ONLINE MENTAL WELL-BEING PROGRAMS AND DEVELOPS AN OPEN-SOURCE TECHNOLOGY PLATFORM FOR DEMOCRATIZING MENTAL HEALTH AND WELL-BEING GLOBALLY. THE INITIATIVE HAS ALSO CURATED THE ANNUAL NEVERALONE SUMMIT, A GLOBAL MENTAL HEALTH SUMMIT. IN THE LANDSCAPE OF EDUCATIONAL AND PERSONAL GROWTH, OUR COMPREHENSIVE SCHOOL WELLBEING INITIATIVE FOSTERS POSITIVE MENTAL AND EMOTIONAL HEALTH, NOT JUST WITHIN CLASSROOM WALLS, BUT EXTENDING TO THE WIDER COMMUNITY CONTEXT. ROOTED IN EVIDENCE-BASED PRACTICES, OUR PROGRAM DOESN'T JUST ENGAGE; IT RESONATES DEEPLY, OFFERING PRACTICAL TOOLS THAT ARE DEMONSTRATED TO MOLD STUDENTS INTO RESILIENT INDIVIDUALS AND FUTURE TORCHBEARERS OF LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Poonacha Machaiah Executive Director | Officer | 40 | $200,000 |
Michael Mccarthy CFO | Officer | 40 | $56,494 |
Deepak Chopra MD Board Chairman, Director | OfficerTrustee | 10 | $0 |
Paul Johnson Treasurer/secretary, Director | OfficerTrustee | 5 | $0 |
Francois Ferre Director | Trustee | 2 | $0 |
Huda Al Ghoson Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Icahn School Of Medicine Sbti Consulting | 12/30/15 | $331,795 |
World Business Academy Administrative Services | 12/30/15 | $142,823 |
Mgh Genetics & Aging Research Unit Sbti Consulting | 12/30/15 | $200,000 |
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 | $1,743,859 |
| Noncash contributions included in lines 1a–1f | $1,001,817 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,743,859 |
| Total Program Service Revenue | $771,563 |
| Investment income | $2,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $114,127 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,735,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,029 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $7,680 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $256,494 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,344 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,896 |
| Payroll taxes | $19,654 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65,606 |
| Fees for services: Accounting | $61,352 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,768 |
| Advertising and promotion | $128,839 |
| Office expenses | $59,958 |
| Information technology | $64,629 |
| Royalties | $0 |
| Occupancy | $92,110 |
| Travel | $169,998 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $408,682 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $52,929 |
| All other expenses | $0 |
| Total functional expenses | $1,783,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,979 |
| Savings and temporary cash investments | $831,847 |
| Pledges and grants receivable | $10 |
| 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 | $21,023 |
| Net Land, buildings, and equipment | $13,426 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $200,000 |
| Investments—program-related | $0 |
| Intangible assets | $1,235 |
| Other assets | $294,830 |
| Total assets | $1,399,350 |
| Accounts payable and accrued expenses | $60,320 |
| Grants payable | $0 |
| Deferred revenue | $16,667 |
| 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 | $299,270 |
| Total liabilities | $376,257 |
| Net assets without donor restrictions | $773,093 |
| Net assets with donor restrictions | $250,000 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $1,399,350 |
Grants Awarded
Over the last fiscal year, Chopra Foundation has awarded $260,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL BRAIN MAPPING FOUNDATION PURPOSE: TO SUPPORT THE BRAIN MAPPING CONFERENCE - BOARD APPROVED. | $25,000 |
UNIVERSITY OF CALIFORNIA SAN DIEGO PURPOSE: FELLOWSHIP RESEARCH GRANT & TRIPHALA SYMBIOTIC CLINICAL TRIAL | $105,000 |
INTERNATIONAL BRAIN MAPPING FOUNDATION PURPOSE: TO SUPPORT THE BRAIN MAPPING CONFERENCE - BOARD APPROVED. | $25,000 |
UNIVERSITY OF CALIFORNIA SAN DIEGO PURPOSE: FELLOWSHIP RESEARCH GRANT & TRIPHALA SYMBIOTIC CLINICAL TRIAL | $105,000 |