Overview
What is Yongey Foundation?
The Yongey Foundation, with its headquarters at PO Box 770630, Steamboat Springs, CO 80477, is a dedicated nonprofit organization. Its primary mission is to assist and support the initiatives of Mingyur Rinpoche, specifically in the realms of education for monks and nuns in Nepal and India. Yongey Foundation contributes to the growth and development of various Buddhist religious, educational, and cultural institutions globally. This encompasses meditation centers, religious study centers, monasteries, and abbeys, spanning across North America, Asia, and beyond. The organization's work is overseen by Glenna Olmsted, as indicated by its Doing Business As name.
Is Yongey Foundation legitimate?
Yongey Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yongey 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 Yongey Foundation?
The Yongey Foundation's mission is centered around promoting, aiding, and developing the activities of Buddhist religious, educational, and cultural institutions worldwide. This encompasses meditation centers, centers for religious study, and monasteries and abbeys across North America, Asia, and various other regions. The foundation's primary objective is to support these institutions, thereby contributing to the growth and development of Buddhist teachings and practices globally. In specific instances, the foundation has been involved in supporting educational initiatives for monks and nuns in Nepal and India.
Who is the CEO of Yongey Foundation?
Glenna Olmsted is the Officer of Yongey Foundation.
What is the revenue of Yongey Foundation?
Yongey Foundation's revenue in 2022 was $428,135.
Who are the executives of Yongey Foundation and what are their salaries?
There 7 volunteers at Yongey Foundation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Yongey Foundation?
Yongey Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yongey Foundation
The Yongey Foundation is dedicated to fostering and advancing the activities of Buddhist religious, educational, and cultural institutions worldwide. This encompasses the support of meditation centers, centers for religious studies, and monasteries and abbeys, not just in North America and Asia, but across the globe. The organization's mission is to aid and develop these institutions, ensuring they thrive and continue to make a significant impact on their respective communities.
In this capacity, the Yongey Foundation is particularly involved in supporting the educational initiatives of Buddhist monks and nuns in Nepal and India. This involves primarily educating these individuals, helping them to deepen their understanding and practice of Buddhist teachings. By doing so, the foundation is contributing to the preservation and propagation of Buddhist wisdom and traditions, ensuring they remain relevant and vibrant for future generations.
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Impact
October, 2024
Yongey Foundation significantly impacts the Buddhist community by promoting and developing activities related to religious, educational, and cultural institutions. Its efforts focus on supporting Mingyur Rinpoche's initiatives in Nepal and India, particularly in the education of monks and nuns. By aiding meditation centers, centers for religious study, and monasteries and abbeys, Yongey Foundation fosters a greater understanding and practice of Buddhism across North America, Asia, and globally. This support not only enhances the spiritual and educational opportunities for individuals within these communities but also preserves and propagates Buddhist teachings and culture, ensuring their continuity for future generations.
This information is meant to be a general summary of Yongey 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: -$75,392
- Gross Receipts: $428,135
Assets and Liabilities:
- Total Assets: $1,579,027
- Total Liabilities: $0
- Net Assets: $1,579,027
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tegar Buddist Retreat
Organization Details
Founding Year
2008
Phone
(970) 846-3375Principal Officer
Glenna Olmsted
Main Address
PO Box 770630, Steamboat Springs, CO, 80477
NTEE Category
Code: X50 - Religion related
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