Maharishi Vedic Science And Technology Foundation
- Assets
- $290.5k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 04/2017
- Data as of
- 12/2023
- EIN
- 81-4801779
Organization Overview
Maharishi Vedic Science And Technology Foundation is located in St Louis, MO. The organization was established in 2017. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maharishi Vedic Science And Technology 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 12/2023, Maharishi Vedic Science And Technology Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.6% each year . All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MAHARISHI VEDIC SCIENCE AND TECHNOLOGY FOUNDATION (MVSTF) IS ORGANIZED TO PROVIDE PROGRAMS THAT PROMOTE INDIVIDUAL AND SOCIETAL PEACE, HAPPINESS, PROSPERITY, AND PERFECT HEALTH, BY ENGAGING IN ACTIVITIES THAT INCREASE AND PROMOTE THE UNDERSTANDING OF MAHARISHI'S VEDIC SCIENCE AND TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT PAID TO RAJA PARK INSTITUTE IN BANGKOK, THAILAND. FUNDS ARE TO BE USED FOR THE PROMOTION AND IMPLEMENTATION OF MAHARISHI'S VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR THE PRESERVATION AND PROMOTION OF THE TRADITIONAL VEDIC CULTURE OF INDIA, INCLUDING THE PERFORMANCE OF YAGYA BY THE MAHARISHI VEDIC PANDITS. THE FUNDS MAY ALSO BE USED FOR RESEARCH AND PROMOTION OF THESE TRADITIONAL VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR SOCIAL DEVELOPMENT, SOCIAL WELFARE, AND GLOBAL HUMANITARIAN AND ENVIRONMENTAL PROTECTION EFFORTS.
GRANT PAID TO STICHTING ONDERWIJIS (MAHARISHI INTERNATIONAL ASSOCIATION FOR THE DEVELOPMENT OF SOCIETY AND PROTECTION OF ANCIENT CULTURES). FUNDS ARE TO BE USED FOR THE PROMOTION OF IMPLEMENTATION OF MAHARISHI'S VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR THE PRESERVATION AND PROMOTION OF THE TRADITIONAL VEDIC CULTURE OF INDIA, INCLUDING THE PERFORMANCE OF YAGYA BY THE MAHARISHI VEDIC PANDITS. THE FUNDS MAY ALSO BE USED FOR RESEARCH AND PROMOTION OF THESE TRADITIONAL VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR SOCIAL DEVELOPMENT, SOCIAL WELFARE, AND GLOBAL HUMANITARIAN AND ENVIRONMENTAL PROTECTION EFFORTS.
GRANT PAID TO GLOBAL COUNTRY OF WORD PEACE FOUNDATION. FUNDS ARE TO BE USED FOR THE PROMOTION AND IMPLEMENTATION OF MAHARISHI'S VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR THE PRESERVATION AND PROMOTION OF THE TRADITIONAL VEDIC CULTURE OF INDIA, INCLUDING THE PERFORMANCE OF YAGYA BY THE MAHARISHI VEDIC PANDITS. THE FUNDS MAY ALSO BE USED FOR RESEARCH AND PROMOTION OF THESE TRADITIONAL VEDIC TECHNOLOGIES OF CONSCIOUSNESS FOR SOCIAL DEVELOPMENT, SOCIAL WELFARE, AND GLOBAL HUMANITARIAN AND ENVIRONMENTAL PROTECTION EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Steinback President | OfficerTrustee | 5 | $0 |
Janet Steinback Director | Trustee | 1 | $0 |
Elaine Pomfrey Treasurer | OfficerTrustee | 5 | $0 |
William Sands Director | Trustee | 1 | $0 |
Lenny Goldman Secretary | Officer | 1 | $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 | $1,000,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000,759 |
| Total Program Service Revenue | $0 |
| Investment income | $3,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,004,284 |
| 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 | $1,764,379 |
| 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 | $2,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,916 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Insurance | $597 |
| All other expenses | $0 |
| Total functional expenses | $1,769,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,905 |
| Savings and temporary cash investments | $175,625 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $290,530 |
| 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 | $290,530 |
| 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 | $290,530 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Laboratory Automation And Screening Oak Brook, IL | $15,216,253 | $9,552,083 |
Unmc Science Research Fund Omaha, NE | $170,853,696 | $18,304,038 |
Maharishi Vedic Science And Technology Foundation St Louis, MO | $290,530 | $1,004,284 |
Kentucky Academy Of Science Louisville, KY | $779,528 | $91,111 |
Biotechnology And Life Science Advising Group Saint Louis, MO | $121,253 | $0 |
Friends Of Hemp Co Lexington, KY | $12,222 | $0 |
Amir D Aczel Foundation For Education And Research In Science Arlington Heights, IL | $11,397 | $0 |
Boyalife Foundation Chicago, IL | $0 | $0 |