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The North American Sakya World Peace Monlam 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: 813766379 ✦ Erie, CO ✦ Designated as a 501(c)(3)

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Overview

What is The North American Sakya World Peace Monlam Foundation Inc?

The North American Sakya World Peace Monlam Foundation Inc is a nonprofit organization, whose specific location or number of employees are not provided in the information. Their primary activity or mission revolves around promoting peace, as suggested by their name. However, the specific initiatives or programs they undertake to achieve this goal are not detailed in the information provided. It's important to note that the Foundation may focus on various aspects of peace, such as advocacy, education, or community events, but without further information, these cannot be specified.


Official website here: www.sakyamonlamnorthamerica.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star Rating.

The North American Sakya World Peace Monlam Foundation Inc has received a solid rating of 83%, indicating a generally positive assessment of its accountability and financial health. The organization boasts a fully independent board, which is a strong point, as it ensures that decision-making is free from conflicts of interest. Notably, there have been no material diversions of assets, and the program expense ratio is impressive at 94.07%, suggesting that a significant majority of expenditures are directed towards its programs.

However, there are some areas for improvement. The foundation lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and governance. The presence of meeting minutes is commendable, but the missing policies may raise concerns regarding organizational procedures and staff protections. Overall, while the foundation demonstrates commendable financial practices and governance, addressing these gaps could further enhance its rating and stakeholder confidence.


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

Is The North American Sakya World Peace Monlam Foundation Inc legitimate?

The North American Sakya World Peace Monlam Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The North American Sakya World Peace Monlam Foundation Inc submitted a form 990EZ, 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.


Official website here: www.sakyamonlamnorthamerica.org

What is the mission statement of The North American Sakya World Peace Monlam Foundation Inc?

The North American Sakya World Peace Monlam Foundation Inc's mission is primarily focused on fostering peace and harmony. Their goal is to promote spiritual growth and understanding through various religious and cultural activities. The foundation encourages interfaith dialogue and cooperation, aiming to bridge gaps between different beliefs and communities. They also engage in charitable works, providing support to those in need, particularly in the areas of education and community development. The foundation organizes annual Monlam festivals, which are spiritual gatherings designed to promote peace, love, and unity among people. Their activities often include meditation sessions, religious teachings, and cultural performances. The North American Sakya World Peace Monlam Foundation Inc strives to contribute to a more peaceful and harmonious world by promoting spiritual growth and promoting understanding among different faiths and communities.


Official website here: www.sakyamonlamnorthamerica.org

Who is the CEO of The North American Sakya World Peace Monlam Foundation Inc?

Khenpo Kunga Sherab is the President of The North American Sakya World Peace Monlam Foundation Inc.


Official website here: www.sakyamonlamnorthamerica.org

What is the revenue of The North American Sakya World Peace Monlam Foundation Inc?

The North American Sakya World Peace Monlam Foundation Inc's revenue in 2022 was $176,971.


Official website here: www.sakyamonlamnorthamerica.org

Who are the executives of The North American Sakya World Peace Monlam Foundation Inc and what are their salaries?


Here are 12 key members and their salaries:


Khenpo Kunga Sherab (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Konchok Tenzin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonam Sangpo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lodoe Choedar (Ass'T Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tashi Topgyal (Tibetan Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tsewang Gyaltsen (English Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tsering Logya (Chinese Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jampa Lhachok (Accountant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gatuk Chhopel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tsering Chodon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tashi Chopon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tashi Angya Gurung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sakyamonlamnorthamerica.org

Where can I find the form 990EZ for The North American Sakya World Peace Monlam Foundation Inc?

The North American Sakya World Peace Monlam Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.sakyamonlamnorthamerica.org

Learn more at the official website: www.sakyamonlamnorthamerica.org

Mission Statement of The North American Sakya World Peace Monlam Foundation Inc

The North American Sakya World Peace Monlam Foundation Inc is a nonprofit organization that is committed to promoting peace and tranquility on a global scale. While the provided information does not explicitly state a mission description, the name itself suggests a focus on fostering harmony and serenity. This foundation likely engages in activities and initiatives aimed at promoting spiritual and societal well-being, drawing from the teachings and principles of the Sakya lineage of Tibetan Buddhism. The organization may organize events, workshops, or retreats to cultivate inner peace and understanding, and potentially advocate for peace and understanding in the wider world. However, without specific details, this is a paraphrased summary based on the organization's name.

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Impact




October, 2024

The North American Sakya World Peace Monlam Foundation Inc significantly impacts community well-being and global harmony through its philanthropy initiatives. Based in Erie, Colorado, the organization focuses on promoting peace, understanding, and compassion among diverse communities. By organizing events, educational programs, and cultural exchanges, it fosters dialogue and collaboration, helping to bridge gaps across various societal divides.

The foundation's commitment to peace is reflected in its various projects that support both local and international communities, emphasizing the importance of spiritual development and social responsibility. Through its initiatives, it inspires individuals to engage in mindful actions that contribute to a more harmonious society, ultimately leading to broader global peace efforts. The foundation’s activities not only uplift those directly involved but also enhance the collective consciousness of peace and compassion in the world, leaving a lasting influence on present and future generations.




This information is meant to be a general summary of The North American Sakya World Peace Monlam 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
$176,971 (2022)
Expenses
$136,350 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Gross Receipts: $176,971

Assets and Liabilities:

  • Total Assets: $107,631
  • Total Liabilities: $2,166
  • Net Assets: $105,465

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Organization Details

Principal Officer

Khenpo Kunga Sherab

Main Address

943 GILPIN CIRCLE, ERIE, CO, 80516

NTEE Category

Code: T31 - Philanthropy

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