nonprofit logo

Southwest Buddhafield Endowment Fund Inc

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

EIN: 352294881 ✦ Flagstaff, AZ ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Southwest Buddhafield Endowment Fund Inc?

Southwest Buddhafield Endowment Fund Inc is a nonprofit organization situated in Flagstaff, Arizona. Their primary objective is to gather funds for organizations that focus on Buddhism and meditation. Currently, they haven't made any grant distributions or fund allocations this year. The organization's mission lies in supporting institutions that promote and foster spiritual growth through Buddhism and meditation practices.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

The Southwest Buddhafield Endowment Fund Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability. The charity's overall score of 40% is derived solely from its Accountability & Finance metrics, which reflect a troubling lack of program expenses and liabilities management. Although the organization scores well in governance, with a fully independent board and high marks for its conflict of interest policy, these strengths do not compensate for the absence of programmatic funding.

Despite high scores in board independence and governance structures, the lack of program expenses and the zero rating in the program expense ratio raise questions about the organization’s operational effectiveness and its impact on the community it serves. The absence of demonstrated financial responsibility in allocating funds towards programs is a critical concern.

The significant reliance on a single beacon score suggests that while governance is strong, the charity may struggle to translate this into effective programming and service delivery. Potential donors and stakeholders should carefully consider these factors before supporting the organization.


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

Is Southwest Buddhafield Endowment Fund Inc legitimate?

Southwest Buddhafield Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Buddhafield Endowment 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

What is the mission statement of Southwest Buddhafield Endowment Fund Inc?

The Southwest Buddhafield Endowment Fund Inc's mission is centered around raising funds for organizations that are focused on Buddhism and meditation. The organization serves as a benefactor, aiming to support these specialized organizations financially. At present, the fund has not distributed any grants or allocated funds during this current year.

Who is the CEO of Southwest Buddhafield Endowment Fund Inc?

Cherie Ko is the President of Southwest Buddhafield Endowment Fund Inc.

What is the revenue of Southwest Buddhafield Endowment Fund Inc?

Southwest Buddhafield Endowment Fund Inc's revenue in 2022 was $58,736.

Who are the executives of Southwest Buddhafield Endowment Fund Inc and what are their salaries?

There 4 volunteers at Southwest Buddhafield Endowment Fund Inc.


Here are 4 key members and their salaries:


Terry Wu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Evans (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Hoffman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Ko (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southwest Buddhafield Endowment Fund Inc?

Southwest Buddhafield Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southwest Buddhafield Endowment Fund Inc

Southwest Buddhafield Endowment Fund Inc is an organization with a unique mission. Its primary objective is to gather resources, in the form of funds, with the intention of benefiting organizations that are dedicated to Buddhism and meditation. By raising these funds, Southwest Buddhafield Endowment Fund Inc aims to support the growth and development of these organizations, contributing to the broader Buddhist and meditation communities. However, it's important to note that, as of the provided information, the organization has not made any grants or allocated funds in the current year.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Southwest Buddhafield Endowment Fund Inc plays a vital role in supporting organizations dedicated to Buddhism and meditation through its fundraising efforts. By raising funds specifically for these causes, the organization contributes to the preservation and promotion of Buddhist teachings and practices. Although it has not distributed grants or allocations in the current year, the endowment is positioned to provide financial support in the future, thereby fostering a community centered around mindfulness and spiritual growth. Located in Flagstaff, AZ, this initiative aims to nurture a deeper understanding and practice of Buddhism, ensuring that these teachings remain accessible to those who seek them.




This information is meant to be a general summary of Southwest Buddhafield Endowment 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
$58,736 (2022)
Expenses
$22,632 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,757
  • Gross Receipts: $118,606

Assets and Liabilities:

  • Total Assets: $1,701,965
  • Total Liabilities: $0
  • Net Assets: $1,701,965

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2007

Principal Officer

Cherie Ko

Main Address

2256 N FREMONT BLVD, FLAGSTAFF, AZ, 86001

NTEE Category

Code: X11 - Religion related

If you are a representative of Southwest Buddhafield Endowment Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.