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Jeta Grove Foundation Inc

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

EIN: 300754003 ✦ Temple, NH ✦ Designated as a 501(c)(3)

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Overview

What is Jeta Grove Foundation Inc?

Jeta Grove Foundation Inc is a charitable organization situated in Temple, New Hampshire, with an address at 28 Jessen Lane. Their primary objective is to uphold and propagate the teachings of Buddha. They fulfill this mission by serving as a financial manager for a residential monastic community, adhering to the principles outlined in the Pali Canon. This nonprofit organization operates with the aim of fostering and promoting Buddhist beliefs, providing essential support to its monastic community.


Official website here: www.jetagrove.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90% (Four-Star out of Four Stars)

Jeta Grove Foundation Inc has achieved a commendable Four-Star rating with a 90% score, reflecting strong accountability and finance practices. This rating is based entirely on their performance in this area, highlighting their commitment to transparency and effective management. Key strengths include a fully independent board and exemplary financial metrics, such as a 91.54% program expense ratio, indicating that they allocate most of their resources directly to their mission.

User feedback reinforces the charity's positive reputation, with donors praising its support for individuals living a life of renunciation and poverty. The foundation primarily assists the Temple forest monastery, which provides a unique living experience focused on mindfulness and simplicity. Reviews emphasize the kindness of the residents and the challenging yet rewarding lifestyle encouraged by the monastery.

While the organization has received high marks for its operations, it is essential to consider the specific nature of its work, which revolves around supporting a particular community lifestyle. The focus on a Theravada forest monastery may not resonate with everyone, but those who align with its values appreciate the charity's mission and the impact it has on the lives of its beneficiaries.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Jeta Grove Foundation Inc legitimate?

Jeta Grove Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jeta Grove Foundation 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.jetagrove.us

What is the mission statement of Jeta Grove Foundation Inc?

The Jeta Grove Foundation Inc. is dedicated to serving a noble purpose, focusing on educational, religious, and charitable endeavors. Its primary objective is to uphold and propagate the teachings of Buddha, as outlined in the Pali Canon. Acting as a financial steward, the foundation supports a residential monastic community, adhering to the principles established in the Pali Canon. This foundation's mission is to nurture and foster the Buddhist teachings, contributing to spiritual growth and enlightenment.


Official website here: www.jetagrove.us

Who is the CEO of Jeta Grove Foundation Inc?

Eric Mccord is the President of Jeta Grove Foundation Inc.


Official website here: www.jetagrove.us

What is the revenue of Jeta Grove Foundation Inc?

Jeta Grove Foundation Inc's revenue in 2020 was $492,743.


Official website here: www.jetagrove.us

Who are the executives of Jeta Grove Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Anna Meigs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Bassarear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mccord (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Ambrosia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barnes Peterson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jetagrove.us

Where can I find the form 990 for Jeta Grove Foundation Inc?

Jeta Grove Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.jetagrove.us

Learn more at the official website: www.jetagrove.us

Mission Statement of Jeta Grove Foundation Inc

Jeta Grove Foundation Inc is dedicated to serving a noble purpose, operating with an educational, religious, and charitable focus. The organization's primary mission is to uphold and propagate the teachings of the Buddha. In alignment with the principles of the Pali Canon, Jeta Grove Foundation Inc acts as a financial steward, providing support for a residential monastic community. By doing so, it fosters and promotes Buddhist teachings, contributing to the spiritual growth and well-being of its members.

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Impact




July, 2024

Jeta Grove Foundation Inc's impact is centered around promoting and nurturing the teachings of the Buddha through educational, religious, and charitable initiatives. By serving as a financial steward for a residential monastic community in alignment with the principles of the Pali Canon, the foundation plays a crucial role in preserving and disseminating the teachings of Buddhism. Through its focus on educational and charitable endeavors, Jeta Grove Foundation Inc is actively contributing to the spiritual enrichment and well-being of individuals within its community and beyond.




This information is meant to be a general summary of Jeta Grove Foundation 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
$492,743 (2020)
Expenses
$217,236 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $2,255
  • Gross Receipts: $492,743

Assets and Liabilities:

  • Total Assets: $2,754,767
  • Total Liabilities: $19,158
  • Net Assets: $2,735,609

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Organization Details

Founding Year

2011

Principal Officer

Eric Mccord

Main Address

28 Jessen Lane, Temple, NH, 03084

NTEE Category

Code: X11 - Religion related

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