Overview
What is The Bhutan Foundation?
The Bhutan Foundation is a nonprofit organization situated in Washington, D.C., with a mission to enhance the quality of life for Bhutanese citizens. Its primary focus is on promoting equitable and sustainable socio-economic development in Bhutan. This is achieved through initiatives in healthcare, education, food security, and income generation. By enabling Bhutanese citizens to engage in activities that benefit their society, the foundation aims to uplift the community. Furthermore, the organization works towards increasing awareness of Bhutan and its culture in the United States. With a modest team of five individuals, The Bhutan Foundation is dedicated to contributing positively to Bhutanese society.
Official website here: www.bhutanfound.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The Bhutan Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. With a score of 97 in this area, the organization demonstrates exceptional governance practices, including a fully independent board and transparent financial oversight. Notably, they have no material diversion of assets, indicating a high level of integrity in their operations.
The foundation allocates a significant portion of its budget to program expenses, achieving an impressive program expense ratio of 89.71%. This suggests a strong commitment to its mission and effective use of funds towards impactful initiatives. The fundraising efficiency ratio of $0.04 indicates that they are able to raise funds at a very low cost, further enhancing the organization’s financial health.
While the Bhutan Foundation has received high scores in various governance and operational metrics, its culture and community score of 85 suggests there may be room for improvement in fostering inclusivity and equity within their organizational practices. Overall, the Bhutan Foundation stands out as a well-managed nonprofit committed to its mission with a strong focus on accountability and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is The Bhutan Foundation legitimate?
The Bhutan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bhutan Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $142,048
Professional Fundraising Fees: $280
Other Salaries and Wages: $382,521
For more financial information, click here
Official website here: www.bhutanfound.org
What is the mission statement of The Bhutan Foundation?
The Bhutan Foundation's mission is geared towards improving the quality of life for the Bhutanese people. They achieve this by enabling their citizens to engage in activities that positively impact Bhutanese society. Additionally, the foundation works to increase awareness of Bhutan and its culture in the United States.
Official website here: www.bhutanfound.org
Who is the CEO of The Bhutan Foundation?
Tshewang Wangchuk is the Executive Director of The Bhutan Foundation.
Official website here: www.bhutanfound.org
What is the revenue of The Bhutan Foundation?
The Bhutan Foundation's revenue in 2022 was $6,721,082.
Official website here: www.bhutanfound.org
Who are the executives of The Bhutan Foundation and what are their salaries?
The average compensation at The Bhutan Foundation during 2022 was $104,914. There are 5 employees at The Bhutan Foundation.
Here are 19 key members and their salaries:
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Official website here: www.bhutanfound.org
Where can I find the form 990 for The Bhutan Foundation?
The Bhutan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bhutanfound.org
Learn more at the official website: www.bhutanfound.org
Mission Statement of The Bhutan Foundation
The Bhutan Foundation, a nonprofit organization, is dedicated to enhancing the lives of Bhutanese citizens. Its mission is twofold: firstly, it aims to empower Bhutanese individuals to participate in activities that positively impact their society. Secondly, the foundation seeks to foster a deeper understanding of Bhutan and its culture in the United States. By enabling its citizens to engage in beneficial activities and promoting awareness of Bhutan, The Bhutan Foundation strives to improve the overall quality of life in Bhutanese society.
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Impact
August, 2024
The Bhutan Foundation's impact is focused on sustainable development initiatives in Bhutan that promote equitable and sustainable socio-economic progress. These programs encompass areas such as healthcare, education, food security, and income generation, ultimately aiming to enhance the quality of life for the Bhutanese people. Through enabling citizens to engage in activities that benefit Bhutanese society and by increasing awareness of Bhutan and its rich culture in the United States, the foundation plays a key role in facilitating positive change and progress in the country.
This information is meant to be a general summary of The Bhutan Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,796
- Gross Receipts: $6,721,082
Assets and Liabilities:
- Total Assets: $6,119,919
- Total Liabilities: $327,037
- Net Assets: $5,792,882
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Organization Details
Founding Year
1986
Phone
(202) 609-7363Principal Officer
Tshewang Wangchuk
Main Address
66013 1050 CONNECTICUT AVE NW, WASHINGTON, DC, 20035
Website
www.bhutanfound.orgNTEE Category
Code: Q30 - International
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