Overview
What is The Gyan Foundation?
The Gyan Foundation is a nonprofit organization, situated in Albany, California, with a focus on supporting the Sakya Order of Tibetan Buddhism. Their activities primarily involve the promotion of religious and educational programs within this order. Throughout the reporting period, they have distributed grants to various religious centers or monasteries, contributing towards repairs, construction, and educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (73%)
The Gyan Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. While the organization boasts a perfect score for having 100% independent board members and a strong program expense ratio of 97.52%, it has significant gaps in its transparency policies and documentation, which affect its overall score.
The foundation excels in its governance structure with an independent board and no material diversion of assets. However, it lacks essential policies such as conflict of interest, whistleblower, and document retention, which are critical for establishing trust and operational integrity. The absence of these policies has contributed negatively to its accountability score.
Additionally, The Gyan Foundation's website was not listed on its tax form, and other vital documents such as meeting minutes and tax forms are missing from its online presence. These limitations highlight the need for the foundation to enhance its transparency and governance practices to better serve its beneficiaries and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Gyan Foundation legitimate?
The Gyan Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gyan 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 The Gyan Foundation?
The Gyan Foundation's mission is centered around promoting religious and educational programs that are aligned with the Sakya Order of Tibetan Buddhism. The organization's primary goal is to support and facilitate the growth of these programs, extending aid for repairs, constructions, and educational initiatives in relevant monasteries or religious centers. By doing so, The Gyan Foundation contributes to the preservation and cultivation of the Sakya Order's teachings and traditions.
Who is the CEO of The Gyan Foundation?
Adam Boyer is the President of The Gyan Foundation.
What is the revenue of The Gyan Foundation?
The Gyan Foundation's revenue in 2022 was $604,598.
Who are the executives of The Gyan Foundation and what are their salaries?
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
Where can I find the form 990 for The Gyan Foundation?
The Gyan Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Gyan Foundation
The Gyan Foundation, a nonprofit organization, is dedicated to propagating religious and educational programs associated with the Sakya Order of Tibetan Buddhism. Its primary mission is to support and strengthen this specific Buddhist tradition through various initiatives. During its operational period, the foundation has provided financial aid to various religious institutions or centers, such as monasteries, for repairs, construction, and educational purposes. By doing so, The Gyan Foundation contributes to the preservation and advancement of the Sakya Order of Tibetan Buddhism, ensuring its continuity and growth.
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Impact
July, 2024
The Gyan Foundation's impact is significant in promoting religious and educational programs related to the Sakya Order of Tibetan Buddhism. The organization has provided grants to monasteries and religious centers for repairs, construction, and education, contributing to the preservation and promotion of Tibetan Buddhist traditions. Based in Albany, CA, The Gyan Foundation plays a crucial role in supporting and advancing the teachings and practices of the Sakya Order within the community and beyond.
This information is meant to be a general summary of The Gyan 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.
- Gross Receipts: $604,598
Assets and Liabilities:
- Total Assets: $921,739
- Total Liabilities: $0
- Net Assets: $921,739
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Organization Details
Founding Year
1991
Phone
(301) 357-7362Principal Officer
Adam Boyer
Main Address
801 Pierce St 4, Albany, CA, 94706
NTEE Category
Code: Z99Z - Unknown
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