Overview
What is White Lotus Philanthropy Ltd?
White Lotus Philanthropy Ltd is a charitable organization situated in Mamaroneck, New York (USA). Established with a mission to support Buddhist causes, the organization conducts community outreach programs, including Buddhist classes, food events, and campaigns to promote environmental conservation. They offer spiritual guidance, meditation sessions, and activities aimed at fostering peace and harmony. Fundraising for Buddhist activities and supporting religious events such as ceremonies are also part of their mission. Additionally, they provide financial assistance to Buddhist monks and nuns, as well as approve and grant funds to non-profit religious organizations abroad with similar Buddhist objectives and activities.
Official website here: www.whitelotuspl.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
White Lotus Philanthropy Ltd has achieved an impressive 96% rating from Charity Navigator, securing a Four-Star distinction. This rating is solely based on their strong performance in the Accountability & Finance beacon, indicating a high level of transparency and financial health. The charity demonstrates robust governance practices, with a fully independent board of directors and comprehensive policies in place for conflicts of interest and whistleblowing.
The organization excels in financial management, with 100% of its expenses directed towards programs, showcasing its commitment to effective use of resources. Additionally, the charity reports a low liabilities-to-assets ratio of 0.64%, which reflects its fiscal stability. All required financial documents and board meeting minutes are maintained and accessible, further enhancing its accountability.
Despite the strong overall performance, the data does not highlight any specific programs or impact assessments, which could provide deeper insights into the charity's effectiveness in achieving its mission. Overall, White Lotus Philanthropy Ltd stands out for its financial integrity and operational transparency, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is White Lotus Philanthropy Ltd legitimate?
White Lotus Philanthropy Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Lotus Philanthropy Ltd 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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Official website here: www.whitelotuspl.com/
What is the mission statement of White Lotus Philanthropy Ltd?
White Lotus Philanthropy Ltd was established with a mission to disseminate Buddhist teachings. They accomplish this through various community outreach programs, including Buddhist classes, food events, and campaigns focused on environmental conservation. The organization also provides spiritual guidance, meditation sessions, and activities aimed at promoting peace and harmony. Furthermore, they engage in fundraising for Buddhist activities and support religious ceremonies. White Lotus Philanthropy Ltd also extends assistance to Buddhist monks and nuns by covering their living expenses and grants funds to non-profit religious organizations abroad that share similar Buddhist purposes and activities.
Official website here: www.whitelotuspl.com/
Who is the CEO of White Lotus Philanthropy Ltd?
Cui Hua Zhang is the President of White Lotus Philanthropy Ltd.
Official website here: www.whitelotuspl.com/
What is the revenue of White Lotus Philanthropy Ltd?
White Lotus Philanthropy Ltd's revenue in 2022 was $534,293.
Official website here: www.whitelotuspl.com/
Who are the executives of White Lotus Philanthropy Ltd and what are their salaries?
There 3 volunteers at White Lotus Philanthropy Ltd.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.whitelotuspl.com/
Where can I find the form 990 for White Lotus Philanthropy Ltd?
White Lotus Philanthropy Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whitelotuspl.com/
Learn more at the official website: www.whitelotuspl.com/
Mission Statement of White Lotus Philanthropy Ltd
White Lotus Philanthropy Ltd is a non-profit organization with a mission to spread Buddhist teachings within the community. They achieve this through various community outreach programs, including offering Buddhist classes, hosting food events, and leading campaigns to care for the environment. The organization also provides spiritual guidance and meditation sessions to promote peace and harmony. Fundraising for Buddhist activities is another crucial aspect of their mission, as well as supporting Buddhist dharma activities such as religious ceremonies.
In addition to these initiatives, White Lotus Philanthropy Ltd also supports the living expenses of Buddhist monks and nuns. Moreover, they approve and grant funds to non-profit religious organizations in foreign countries that share similar Buddhist purposes and activities. By doing so, they contribute to the global spread of Buddhist teachings and support the community of Buddhist monks and nuns worldwide. Overall, White Lotus Philanthropy Ltd aims to promote Buddhist teachings and foster peace, harmony, and spiritual growth within the community and beyond.
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Impact
July, 2024
White Lotus Philanthropy Ltd's impact is centered around spreading Buddhist teachings through various community outreach programs and activities. They offer Buddhist classes, organize food events, run campaigns to care for the environment, provide spiritual guidance and meditation sessions to enhance peace and harmony. Additionally, they fundraise for Buddhist activities, support religious ceremonies, and assist Buddhist monks and nuns with living expenses. The organization also extends its support to other non-profit religious organizations in foreign countries that share similar Buddhist purposes and activities. Their work aims to promote Buddhist teachings and values while engaging in charitable activities to benefit Buddhist organizations globally.
This information is meant to be a general summary of White Lotus Philanthropy Ltd. 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.
- Gross Receipts: $534,293
Assets and Liabilities:
- Total Assets: $1,007,825
- Total Liabilities: $6,500
- Net Assets: $1,001,325
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Organization Details
Founding Year
2018
Phone
(646) 691-8075Principal Officer
Cui Hua Zhang
Main Address
597 E BOSTON POST ROAD, MAMARONECK, NY, 10543
Website
www.whitelotuspl.com/NTEE Category
Code: X12 - Religion related
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