Dhammachai Foundation is located in Chicago, IL. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Dhammachai Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dhammachai 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, Dhammachai Foundation generated $545.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $586.9k 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
TO SUPPORT AND DIRECT DISSEMINATION OF BUDDHISM AND DHAMMAKAYA MEDITATION, TO MANAGE ASSETS OF MEMBER ORGANIZATIONS IN THE UNITED STATES AND TO SUPPORT RELIGIOUS ORGANIZATIONS AND CHARITABLE ORGANIZATIONS AS DEEMED APPROPRIATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"THE FULL MOON MEDITATION PROGRAM IS A COLLABORATIVE EFFORT BETWEEN DHAMMACHAI FOUNDATION AND THE MEDITATION CENTER OF CHICAGO, ALONG WITH OTHER AFFILIATED ORGANIZATIONS ACROSS NORTH AMERICA. CONDUCTED PRIMARILY VIA THE ZOOM APPLICATION, THIS PROGRAM IS OPEN TO THE PUBLIC NATIONWIDE, OFFERING INDIVIDUALS THE OPPORTUNITY TO BENEFIT FROM POSITIVE ENERGY WHILE ENGAGING IN MEDITATION. THE FULL MOON MEDITATION PROGRAM AIMS TO PROMOTE WELL-BEING ON PHYSICAL, EMOTIONAL, AND SPIRITUAL LEVELS FOR INDIVIDUALS AND COMMUNITIES, BOTH WITHIN THE UNITED STATES AND GLOBALLY.THE STRUCTURE OF THE FULL MOON MEDITATION PROGRAM TYPICALLY INCLUDES:INTRODUCTION: A BRIEF OVERVIEW OF THE SESSION.WISDOM TALK: INSIGHTS AND REFLECTIONS FROM THE MASTER'S TEACHINGS.CANDLE LIGHTING: SYMBOLIC OF ENLIGHTENING TO CREATE A SERENE ATMOSPHERE.GUIDED MEDITATION: A STRUCTURED MEDITATION SESSION LED BY AN EXPERIENCED MONK.LOVING-KINDNESS MEDITATION: FOSTERING COMPASSION AND GOOD WISHES TOWARD SELF AND OTHERS.Q&A SESSION: OPPORTUNITY FOR PARTICIPANTS TO SEEK FURTHER CLARIFICATION AND DEEPEN THEIR UNDERSTANDING.WITH THESE COMPONENTS, THE FULL MOON MEDITATION PROGRAM PROVIDES BENEFITS AND FOSTERS PERSONAL GROWTH AND COMMUNITY CONNECTION."
"THE VESAK DAY CELEBRATION. IT IS ONE OF THE MOST IMPORTANT DAYS FOR BUDDHISTS TO COMMEMORATE THE DAY OF BIRTH, ENLIGHTENMENT, AND ENTERING NIRVANA (PASSING AWAY) OF THE BUDDHA. DHAMMACHAI FOUNDATION SUPPORTED THE INDO VESAK DAY BY SPONSORING THE 7-DAY EVENT AT BOROBUDUR TEMPLE, INDONESIA. THE EVENT INCLUDED A MASS NOVICE ORDINATION, UBASOK-UBASIKA (THE EIGHT PRECEPT ORDINATION), INTERFAITH LIGHTING THOUSANDS OF LANTERNS, BUDDHA RELIC AND BUDDHA STATUE PARADES, CHANTING, MEDITATION SESSIONS, FLOWER OFFERINGS, AND MEAL OFFERINGS TO PUBLIC. THE VESAK DAY CELEBRATION HAS BEEN ORGANIZED WITH COOPERATION OF BUDDHIST ORGANIZATIONS FROM MANY COUNTRIES IN ASIA, EUROPE, AND US. IT PROMOTES INTERFAITH AMONG RELIGIOUS GROUPS."
"THE WORLD PEACE INITIATIVE PROGRAMINTRODUCING THE WORLD PEACE INITIATIVE PROGRAM, AN INITIATIVE DEDICATED TO FOSTERING SELF-DEVELOPMENT THROUGH THE CULTIVATION OF A PEACE CULTURE, SUPPORTED BY CERTIFIED MEDITATION COACHES. THIS PROGRAM OFFERS A UNIQUE BLEND OF ONLINE AND IN-PERSON EXPERIENCES AIMED AT INTEGRATING MEDITATION PRACTICES INTO DAILY LIFE.THE WORLD PEACE INITIATIVE PROGRAM PROVIDES PARTICIPANTS WITH:ONLINE PLATFORMS: ACCESSIBLE VIRTUAL SPACES WHERE INDIVIDUALS CAN ENGAGE WITH GUIDED MEDITATIONS, EDUCATIONAL RESOURCES, AND COMMUNITY SUPPORT.IN-PERSON PROGRAMS: TAILORED SESSIONS DESIGNED TO WRAP UP AND DEEPEN UNDERSTANDING OF PRACTICE OF MEDITATION. ITS UNIQUE HELPS TO EMPHASIZE THE CULTIVATION OF AWARENESS AND MINDFULNESS IN DAILY ACTIVITIES, FOSTERING A HARMONIOUS WORK-LIFE BALANCE ENVIRONMENT.BY ENGAGING THE WORLD PEACE INITIATIVE PROGRAM, PARTICIPANTS LEARN HOW TO PRACTICE MEDITATION AND THAT ENHANCES AWARENESS AND MINDFULNESS IN DAILY LIFE, REDUCES VIOLENCE, AND PROMOTES SELF-DEVELOPMENT AND FULFILLMENT. ULTIMATELY, THEY ARE EMPOWERED TO POSITIVELY CONTRIBUTE TO THEIR OWN WELL-BEING AND THE WORLD AROUND THEM."
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phramaha Somboon Jongpatra President | OfficerTrustee | 10 | $0 |
Phrahanchai Laepong Secretary | OfficerTrustee | 10 | $0 |
Wuttipong Sawetchai Treasurer | OfficerTrustee | 10 | $16,680 |
Phrabhandit Sudhipan Director | Trustee | 10 | $0 |
Phrawitsanu Samuhawinyu Director | Trustee | 10 | $0 |
Phrasivet Kijkanjanapaiboon Director | Trustee | 10 | $0 |
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 | $545,697 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $545,697 |
Total Program Service Revenue | $0 |
Investment income | $45 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $545,742 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,146 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $481,401 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $16,680 |
Compensation of current officers, directors, key employees. | $16,680 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,884 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $20 |
Fees for services: Accounting | $3,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,185 |
Advertising and promotion | $51,657 |
Office expenses | $1,811 |
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 | $342 |
All other expenses | $2,750 |
Total functional expenses | $586,876 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,752 |
Savings and temporary cash investments | $371,222 |
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 | $471,974 |
Accounts payable and accrued expenses | $6,935 |
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 | $6,935 |
Net assets without donor restrictions | $0 |
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 | $465,039 |
Total liabilities and net assets/fund balances | $471,974 |