Raam Raj Foundation
- Assets
- $3.7m
- Revenue
- $3.7m
- Investments
- $225.0k
- Employees
- 4
- Location
- Fairfield, IA
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 46-3205733
Organization Overview
Raam Raj Foundation is located in Fairfield, IA. The organization was established in 2013. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Raam Raj Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raam Raj 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, Raam Raj Foundation generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Raam Raj Foundation has awarded 35 individual grants totaling $4,945,531. 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
TO ENLIVEN THE VEDIC TRADITION OF KNOWLEDGE, THE SCIENCE OF CONSCIOUSNESS, TO BRING LIFE IN TUNE WITH NATURAL LAW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCED MAHARISHI VEDIC SCIENCE COURSE OR AMVSC IS A COURSE THAT COVERS THE 40 ASPECTS OF THE VEDA AND VEDIC LITERATURE EXPLORING HOW ALL THE LAWS OF NATURE TOGETHER CREATE THE HUMAN REALITY AND THE UNIVERSE, AND HOW VEDA AND THE VEDIC LITERATURE IN THEIR STRUCTURE AND FUNCTION EMBODY AND EXPRESS THIS REALITY.
ACTIVITIES THAT DISSEMINATE AND SUPPORT THE UNDERSTANDING AND APPLICATION OF MAHARISHI'S VEDIC SCIENCE AND TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Pomfrey Secretary | Officer | 40 | $72,000 |
Richard Boyland Cto & Director | OfficerTrustee | 10 | $12,000 |
Youssef Mounayer Director | Trustee | 6 | $12,000 |
Howard M Chandler Treasurer & Director | OfficerTrustee | 10 | $0 |
Rafael David President & Director | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,526,881 |
| Noncash contributions included in lines 1a–1f | $741,666 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,577,201 |
| Total Program Service Revenue | $721,515 |
| Investment income | $66,764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $272,742 |
| 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 | $3,653,660 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $194,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $205,093 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $96,000 |
| Compensation of current officers, directors, key employees. | $13,824 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,555 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,240 |
| Fees for services: Accounting | $16,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,786 |
| Fees for services: Other | $287,427 |
| Advertising and promotion | $502,601 |
| Office expenses | $82,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,989 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,837,395 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,706 |
| Insurance | $23,856 |
| All other expenses | $0 |
| Total functional expenses | $3,565,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,975 |
| Savings and temporary cash investments | $39,908 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,688 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,826 |
| Net Land, buildings, and equipment | $1,088,408 |
| Investments—publicly traded securities | $1,870,496 |
| Investments—other securities | $225,000 |
| Investments—program-related | $0 |
| Intangible assets | $30,975 |
| Other assets | $18,000 |
| Total assets | $3,749,276 |
| Accounts payable and accrued expenses | $129,439 |
| Grants payable | $0 |
| Deferred revenue | $39,946 |
| 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 | $535,714 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $705,099 |
| Net assets without donor restrictions | $3,044,177 |
| Net assets with donor restrictions | $0 |
| 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 | $3,749,276 |
Grants Awarded
Over the last fiscal year, Raam Raj Foundation has awarded $194,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MAHARISHI FOUNDATION INTERNATIONAL PURPOSE: support | $100,000 |
DAVID LYNCH FOUNDATION PURPOSE: SUPPORT | $25,000 |
MAHARISHI UNIVERSITY OF MANAGEMENT FOUNDATN PURPOSE: SUPPORT | $60,000 |
GLOBAL PROJECTS FOR PEACE PURPOSE: SUPPORT | $9,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hope International Development Agency Chicago, IL | $390,987 | $15,820,543 |
Raam Raj Foundation Fairfield, IA | $3,749,276 | $3,653,660 |
Madison International Partners Inc Madison, WI | $233,351 | $134,930 |
Sounds Of Hope Ltd Saint Paul, MN | $135,076 | $110,284 |
Moldova Aid Arlington Heights, IL | $71,745 | $0 |
Richland Center Santa Teresa Sister City Project Richland Center, WI | $125,093 | $0 |
American Dragon Boat Association Dubuque, IA | $120,854 | $0 |
Peking University Center In Chicago Chicago, IL | $121,914 | $0 |
East Asia Foundation Springfield, MO | $24,897 | $0 |
Dacotah Territory International Visitors Program Rapid City, SD | $23,788 | $0 |
Rheinischer Verein Inc Chicago, IL | $153,420 | $53,260 |
Riverside International Friendship Gardens Inc La Crosse, WI | $334,269 | $0 |
The Malaika Foundation Central City, NE | $163,384 | $0 |
Chinese Cultural Center Of America Ames, IA | $199,450 | $100,000 |