Himalayan Childrens Fund
- Assets
- $2.3m
- Revenue
- $538.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Beverly Hills, CA
- Founding
- 02/1997
- Data as of
- 06/2022
- EIN
- 95-4121177
Organization Overview
Himalayan Childrens Fund is located in Beverly Hills, CA. The organization was established in 1997. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Himalayan Childrens Fund 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 06/2022, Himalayan Childrens Fund generated $538.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $484.0k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HCF PROVIDES CRUCIAL FINANCIAL SUPPORT FOR EDUCATION, FOOD, CLOTHING AND MEDICAL CARE FOR THE IMPOVERISHED PEOPLE OF THE HIMALAYAN REGION WHO ARE PRIMARILY OF TIBETAN AND BUDDHIST HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HIMALAYAN CHILDREN'S FUND (HCF) IS A CONDUIT OF HAPPINESS AND DELIGHT FOR DONORS AND RECIPIENTS ALIKE - A DEEP CONNECTION IS MADE THAT BRINGS JOY TO THE SPIRIT. GUIDED BY THE HUMANITARIAN VISION OF KHENCHEN THRANGU RINPOCHE, HCF DONORS AND SPONSORS SUPPORT NUMEROUS PROJECTS IN NEPAL, INDIA AND TIBET. BY FUNDING SCHOOLS, MONASTERIES, NUNNERIES, MONASTIC COLLEGES AND CLINICS WE HELP PRESERVE THE CULTURE OF THE HIMALAYAN PEOPLE WHILE PROVIDING EDUCATION, MEDICAL CARE AND BASIC LIVING ASSISTANCE. THE RESULTING BENEFIT AFTER 33 YEARS: AS THE CHILDREN THRIVE AND GROW - DONORS DO THE SAME!HCF DONORS CURRENTLY MAINTAIN THE SPONSORSHIP OF 114 NUNS, 35 MONKS AND 167 LAY STUDENTS. THESE FUNDS PAY FOR EDUCATION FEES, FOOD AND CLOTHING. OUR DONORS ALSO PROVID FUNDING FOR MANY OTHER NEEDS SUCH AS HEALTH CARE, EDUCATIONAL SUPPLIES, BLANKETS AND BEDS, WATER FILTERS, RAIN WATER COLLECTION SYSTEMS, SPORTS EQUIPMENT AND BUILDING REPAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Ann Robinson-Menzies Director | OfficerTrustee | 40 | $36,000 |
Joann Parks Treasurer | OfficerTrustee | 1.25 | $0 |
Maria Bardini-Perkins Secretary | OfficerTrustee | 7 | $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 | $442,040 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $442,040 |
| Total Program Service Revenue | $0 |
| Investment income | $46,186 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,627 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $538,853 |
| 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 | $430,559 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation of current officers, directors, key employees. | $36,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $717 |
| Insurance | $0 |
| All other expenses | $259 |
| Total functional expenses | $484,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,529 |
| Savings and temporary cash investments | $110,845 |
| 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 | $1,434 |
| Investments—publicly traded securities | $2,133,246 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,286,054 |
| 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 | $2,286,054 |
| 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 | $2,286,054 |