Buddhist Wisdom Foundation

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

EIN: 770377258 ✦ Sunnyvale, CA ✦ Designated as a 501(c)(3)

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Overview

What is Buddhist Wisdom Foundation?

Buddhist Wisdom Foundation, located in Sunnyvale, California, is a nonprofit organization dedicated to honoring and propagating Buddhist religion and philosophy. During the year, their primary activity was conducting a Smoke Offering Puja, a ritual involving burning special plants to release their vibrational energy and carry prayers into the universe. This event, held on August 28, 2022, was the only large-scale program due to ongoing COVID-19 restrictions. As a part of their mission, they also provided meal allowances for monks residing at the center, and covered 100% of their occupancy expenses, amounting to $14,106. The foundation is committed to offering religious and cultural services to the public, fostering spiritual growth and fostering compassion through their activities.

Is Buddhist Wisdom Foundation legitimate?

Buddhist Wisdom Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buddhist Wisdom 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

For more financial information, click here

What is the mission statement of Buddhist Wisdom Foundation?

The Buddhist Wisdom Foundation's primary mission is to honor and propagate Buddhist religion and philosophy among the public. They achieve this by offering religious and cultural services. The foundation also provides a platform for individuals to worship and engage with Buddhist practices. During the year, due to the ongoing COVID-19 pandemic, the main activity conducted was a smoke offering puja on August 28th. This ritual involves burning special plants to release their vibrational energy and offer prayers and aspirations into the universe. The foundation also distributed meal allowances for monks at the center as part of their services.

Who is the CEO of Buddhist Wisdom Foundation?

Ho Tzu Yen is the Ceo/President of Buddhist Wisdom Foundation. The CEO's salary of Buddhist Wisdom Foundation is $0 and their total compensation is $275,385.

What is the revenue of Buddhist Wisdom Foundation?

Buddhist Wisdom Foundation's revenue in 2023 was $2,466.

Who are the executives of Buddhist Wisdom Foundation and what are their salaries?

There 3 volunteers at Buddhist Wisdom Foundation.


Here are 4 key members and their salaries (Buddhist Wisdom Foundation's CEO's salary is $0 and their total compensation is $275,385):


Ho Tzu Yen (Ceo/President)
  • Compensation: $0
  • Related: $275,385
  • Other: $0
Sophia Yen (Cfo/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelvin Yen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yung Tsai Yen (Secretary)
  • Compensation: $0
  • Related: $275,385
  • Other: $0
Where can I find the form 990 for Buddhist Wisdom Foundation?

Buddhist Wisdom Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Buddhist Wisdom Foundation

The Buddhist Wisdom Foundation, as a non-profit organization, is dedicated to worshiping and propagating Buddhist religion and philosophy to the public. This mission extends to providing religious and cultural services to the community. The foundation aims to spread the teachings of Buddhism, offering a spiritual outlet for individuals seeking guidance and wisdom. In addition to religious activities, the Buddhist Wisdom Foundation also offers cultural services, bridging the gap between the spiritual and cultural aspects of the Buddhist community.

During the year, the foundation conducted a significant event, a Smoke Offering Puja on August 28th, 2022. This ritual, rooted in Buddhist tradition, involves the burning of special plants to release vibrational energy. The smoke serves as a medium for carrying prayers and aspirations into the universe, assisting individuals in resolving personal karmic hindrances and practicing compassion towards their ancestors and wandering spirits. This event was the only program conducted by the foundation due to the ongoing COVID-19 pandemic.

The foundation also allocated resources towards meal allowances for the monks residing at the center, covering 100% of their occupancy expenses, amounting to $14,106. This program demonstrates the Buddhist Wisdom Foundation's commitment to supporting its spiritual community, ensuring the well-being of its monks during challenging times.

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Impact




August, 2024

The impact of the Buddhist Wisdom Foundation includes providing opportunities for individuals to deepen their understanding and practice of Buddhist philosophy and religion. Through activities such as the Smoke Offering Puja, the organization offers practitioners a means to release vibrational energy, seek resolution for personal hindrances, and cultivate compassion by honoring their ancestors and wandering spirits.

Additionally, the Foundation supports monks by providing meal allowances, ensuring their essential needs are met as they focus on their spiritual practice. By serving as a hub for religious and cultural services in Sunnyvale, CA, the Buddhist Wisdom Foundation plays a vital role in spreading the teachings of Buddhism to the public and fostering a sense of community among those interested in this spiritual path.




This information is meant to be a general summary of Buddhist Wisdom 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.

Revenue
$2,466 (2023)
Expenses
$35,802 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $264
  • Gross Receipts: $348,583

Assets and Liabilities:

  • Total Assets: $1,596,457
  • Total Liabilities: $0
  • Net Assets: $1,596,457

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Organization Details

Founding Year

1992

Principal Officer

Ho Tzu Yen

Main Address

1257 ELKO DRIVE, SUNNYVALE, CA, 94089

NTEE Category

Code: X50 - Religion related

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