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Shedrub Development Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204751696 ✦ Northampton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Shedrub Development Fund Inc?

Shedrub Development Fund Inc, located at 39 Main Street Suite 8, Northampton, MA 01060, is a nonprofit organization committed to advancing Buddhist religious, educational, and charitable causes. Their primary mission involves providing financial aid to monasteries, nunneries, learning centers, and meditation retreats in Nepal, specifically for construction expenses. By doing so, they contribute to the growth and development of Buddhist institutions, thereby promoting religious and educational opportunities and charitable work in the community.


Official website here: www.shedrubfund.org

Is Shedrub Development Fund Inc legitimate?

Shedrub Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shedrub Development Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shedrubfund.org

What is the mission statement of Shedrub Development Fund Inc?

Shedrub Development Fund Inc is committed to supporting Buddhist religious, educational, and charitable initiatives. Their mission encompasses providing assistance to monasteries, nunneries, learning centers, training facilities, and meditation retreats. Through various grants, they contribute to these causes, as demonstrated by their support to Ka-Nying Shedrub Ling Monastery in Nepal, aiding in construction expenses. In essence, the organization aims to contribute positively to the Buddhist community and further its educational, religious, and charitable endeavors.


Official website here: www.shedrubfund.org

Who is the CEO of Shedrub Development Fund Inc?

Thomas Lesser is the President of Shedrub Development Fund Inc.


Official website here: www.shedrubfund.org

What is the revenue of Shedrub Development Fund Inc?

Shedrub Development Fund Inc's revenue in 2021 was $1,885,024.


Official website here: www.shedrubfund.org

Who are the executives of Shedrub Development Fund Inc and what are their salaries?

There 10 volunteers at Shedrub Development Fund Inc.


Here are 5 key members and their salaries:


Thomas Lesser (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shireen Patell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilary Herdman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Nevarez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Detar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shedrubfund.org

Where can I find the form 990 for Shedrub Development Fund Inc?

Shedrub Development Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.shedrubfund.org

Learn more at the official website: www.shedrubfund.org

Mission Statement of Shedrub Development Fund Inc

Shedrub Development Fund Inc is an organization dedicated to supporting Buddhist religious, educational, and charitable causes. Its mission encompasses providing assistance to monasteries, nunneries, learning centers, training facilities, and meditation retreats. Through various grants, this nonprofit aims to contribute to the construction costs of such establishments, thereby promoting Buddhist practices and education.

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Impact




October, 2024

Shedrub Development Fund Inc has a significant impact by supporting Buddhist religious, educational, and charitable initiatives. Its efforts include providing essential grants to the Ka-Nying Shedrub Ling Monastery in Nepal, aiding in construction costs that facilitate the development of monasteries, nunneries, and training centers. This support not only enhances the physical infrastructure for these spiritual communities but also fosters a vibrant environment for learning, teaching, and meditation. By investing in these religious and educational spaces, Shedrub Development Fund Inc plays a critical role in preserving and promoting Buddhist practices, values, and teachings, contributing to the broader landscape of civil rights and spiritual well-being.




This information is meant to be a general summary of Shedrub Development Fund Inc. 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.

Revenue
$1,885,024 (2021)
Expenses
$1,062,873 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $1,885,024

Assets and Liabilities:

  • Total Assets: $2,522,758
  • Total Liabilities: $0
  • Net Assets: $2,522,758

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Organization Details

Founding Year

2006

Principal Officer

Thomas Lesser

Main Address

39 Main Street Suite 8, Northampton, MA, 01060

NTEE Category

Code: R12 - Civil rights

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