Overview
What is Brahmananda Saraswati Foundation?
The Brahmananda Saraswati Foundation is a nonprofit organization situated in Fairfield, Iowa. Its primary mission is to promote peace, prosperity, and invincibility globally by offering sustained support to substantial groups engaged in the practice of Transcendental Meditation and its advanced techniques, particularly large groups of Maharishi Vedic Pandits who also perform special Vedic rituals for the benefit of the world. The organization extends its financial aid to over 5,000 Vedic Pandits residing in over 70 locations across India and Nepal, contributing a portion of the donations gathered in pursuit of global peace. The foundation has a team of 13 dedicated individuals working towards achieving its objectives.
Official website here: www.vedicpandits.org
What are the reviews and ratings of this charity?
**Brahmananda Saraswati Foundation - Charity Navigator Rating: 97% (Four-Star out of Four Stars)**
The Brahmananda Saraswati Foundation boasts an impressive rating of 97% on Charity Navigator, reflecting strong accountability and financial health. The score is derived solely from a robust evaluation of its financial practices, highlighting the organization’s transparency and effective management. With all board members being independent, the foundation demonstrates a commitment to ethical governance.
Financial metrics further reinforce the foundation’s integrity, including a program expense ratio of 88.15%, indicating that the majority of funds are allocated toward its initiatives. Additionally, the organization has a very low liabilities to assets ratio of 0.33%, suggesting sound financial stability and a low risk of reliance on debt. The absence of compensation for key personnel underscores a nonprofit ethos focused on mission rather than personal gain.
Unfortunately, user reviews from GreatNonprofits were not available for this organization, which limits insight into public sentiment and individual experiences related to its services. Overall, the foundation appears to be well-managed and committed to its mission based on the available data.
This AI summary has been generated from information found on Charity Navigator.
Is Brahmananda Saraswati Foundation legitimate?
Brahmananda Saraswati Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brahmananda Saraswati 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,590
For more financial information, click here
Official website here: www.vedicpandits.org
What is the mission statement of Brahmananda Saraswati Foundation?
The Brahmananda Saraswati Foundation's mission is to establish peace, prosperity, and invincibility worldwide by offering continuous support to large groups practicing Transcendental Meditation and its advanced techniques, particularly large groups of Maharishi Vedic Pandits who also conduct special Vedic performances for global welfare. The foundation aims to provide perpetual aid to these groups, striving to promote peace on a global scale. A significant part of the foundation's efforts involve providing financial assistance to over 5,000 Vedic Pandits residing in over 70 locations across India and Nepal, contributing to their living expenses. These contributions, while a crucial part of the foundation's efforts, are just a portion of the total funds collected to promote global peace.
Official website here: www.vedicpandits.org
Who is the CEO of Brahmananda Saraswati Foundation?
Dr Harris Kaplan is the Ceo of Brahmananda Saraswati Foundation. The CEO's salary of Brahmananda Saraswati Foundation is $0 and their total compensation is $0.
Official website here: www.vedicpandits.org
What is the revenue of Brahmananda Saraswati Foundation?
Brahmananda Saraswati Foundation's revenue in 2022 was $9,906,700.
Official website here: www.vedicpandits.org
Who are the executives of Brahmananda Saraswati Foundation and what are their salaries?
The average compensation at Brahmananda Saraswati Foundation during 2022 was $20,122. There are 13 employees and 15 volunteers at Brahmananda Saraswati Foundation.
Here are 17 key members and their salaries (Brahmananda Saraswati Foundation's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $48,000
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Official website here: www.vedicpandits.org
Where can I find the form 990 for Brahmananda Saraswati Foundation?
Brahmananda Saraswati Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vedicpandits.org
Learn more at the official website: www.vedicpandits.org
Mission Statement of Brahmananda Saraswati Foundation
The Brahmananda Saraswati Foundation's mission is centered around achieving peace, prosperity, and invincibility for all life on Earth. They accomplish this by providing continuous financial assistance to large groups who practice Transcendental Meditation and its advanced techniques, especially groups of Maharishi Vedic Pandits who also offer special Vedic performances for global welfare. The foundation's primary goal is to ensure peace and prosperity globally, and they achieve this by supporting these groups financially, primarily in India and Nepal. The grants provided cover the living expenses of over 5,000 Vedic Pandits in more than 70 locations. While the foundation's contributions for world peace extend beyond just India and Nepal, these are the primary locations where they offer financial assistance.
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Impact
October, 2024
The Brahmananda Saraswati Foundation significantly contributes to global peace and prosperity by supporting the practice of Transcendental Meditation (TM) and its advanced techniques. One of its key initiatives involves providing essential grants to support the living expenses of over 5,000 Vedic Pandits across more than 70 locations in India and Nepal. This support ensures that these practitioners can perform Vedic rituals and ceremonies aimed at promoting the welfare of the world.
By fostering large groups dedicated to TM, the foundation promotes collective consciousness and tranquility, which are believed to create a ripple effect of positivity in their surroundings. The presence of these Pandits and their rituals is thought to enhance the spiritual environment, leading to improved well-being in communities both locally and globally.
Through its efforts, the foundation not only sustains the cultural practices of Vedic traditions but also aims to establish a lasting impact on the overall quality of life, encouraging a state of invincibility and affluence for all.
This information is meant to be a general summary of Brahmananda Saraswati 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: $905,028
- Program Service Revenue: $201,436
- Gross Receipts: $11,914,479
Assets and Liabilities:
- Total Assets: $85,853,874
- Total Liabilities: $144,635
- Net Assets: $85,709,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APP INCOME
Revenue
$201,436
Organization Details
Founding Year
2008
Phone
(641) 209-8022Principal Officer
Dr Harris Kaplan
Main Address
1100 N 4TH ST SUITE 124, FAIRFIELD, IA, 52556
Website
www.vedicpandits.orgNTEE Category
Code: X12 - Religion related
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