Overview
What is Palpung Foundation?
The Palpung Foundation is a nonprofit organization established to support, facilitate, and further the objectives of the Buddhist Temple - Palpung Lungtok Choeling, a recognized tax-exempt religious charity in the USA. Based in Los Altos, California, this foundation operates as a Type I supporting organization, meaning it solely benefits, carries out functions, or fulfills the purposes of the temple. The Palpung Foundation's mission is to contribute to the temple's activities, ensuring the continuance and expansion of its religious and charitable endeavors.
Is Palpung Foundation legitimate?
Palpung Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palpung 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Palpung Foundation?
The Palpung Foundation is established with the primary purpose of supporting, performing functions, or carrying out the objectives of the Buddhist Temple - Palpung Lungtok Choeling, which is a tax-exempt religious charity in the USA. The foundation's mission is aligned with this temple, aiming to contribute to its activities and further its religious charitable causes. The Palpung Foundation serves as a Type I supporting organization, dedicated to advancing the temple's objectives and promoting its religious activities.
Who is the CEO of Palpung Foundation?
Franny Wang is the Director of Palpung Foundation. The CEO's salary of Palpung Foundation is $0 and their total compensation is $0.
What is the revenue of Palpung Foundation?
Palpung Foundation's revenue in 2022 was $333,993.
Who are the executives of Palpung Foundation and what are their salaries?
Here are 3 key members and their salaries (Palpung Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Palpung Foundation?
Palpung Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palpung Foundation
The Palpung Foundation serves as a supporting organization, exclusively dedicated to benefiting, carrying out the functions, or fulfilling the purposes of the Buddhist Temple - Palpung Lungtok Choeling, which is a tax-exempt religious charity in the USA. This organization is established with the aim of supporting the temple in its religious activities and charitable work. The Palpung Foundation's mission aligns with the temple's objectives, contributing to its overall mission and goals.
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Impact
October, 2024
Palpung Foundation has made a significant impact by supporting the activities and mission of the Palpung Lungtok Choeling Buddhist Temple in the USA. Its efforts are focused on enhancing and promoting Buddhist practices, teachings, and community engagement. By facilitating the temple's functions, the foundation helps create a nurturing environment for spiritual growth and cultural education, making Buddhist teachings accessible to a broader audience.
Through its support, Palpung Foundation enables religious ceremonies, educational programs, and community outreach initiatives that foster understanding and appreciation of Buddhist principles. This commitment to nurturing a spiritual community not only benefits individual practitioners but also contributes to a greater awareness of cultural diversity and interfaith dialogue. Overall, Palpung Foundation plays an essential role in preserving and promoting Buddhist heritage, ensuring its relevance in a contemporary context.
This information is meant to be a general summary of Palpung 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: $333,993
- Gross Receipts: $334,045
Assets and Liabilities:
- Total Assets: $8,748,022
- Total Liabilities: $0
- Net Assets: $8,748,022
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Organization Details
Founding Year
2008
Phone
(650) 387-7093Principal Officer
Franny Wang
Main Address
7 BAY TREE LANE, LOS ALTOS, CA, 94022
NTEE Category
Code: X127 - Religion related
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