Overview
What is International Buddhist Cultural Heritage Foundation?
The International Buddhist Cultural Heritage Foundation is a nonprofit organization committed to serving the general public through religious or charitable endeavors. Their mission involves providing assistance in various forms, as outlined in their programs. This organization is dedicated to making a positive impact on people's lives, reflecting their commitment to noble causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star rating)
The International Buddhist Cultural Heritage Foundation has received a low rating of 44% from Charity Navigator, which is predominantly based on its accountability and finance practices. The organization has not demonstrated sufficient transparency, as reflected in the absence of independent board members and missing financial statements. These factors contribute significantly to its Zero-Star rating, indicating a pressing need for improvement in governance and operational transparency.
The foundation has a program expense ratio of 65.23%, suggesting that a majority of its expenses are allocated toward its programs. However, the lack of essential policies and documented practices, such as a conflict of interest policy, whistleblower policy, and board meeting minutes, raises concerns regarding its operational integrity. This absence of essential oversight mechanisms can hinder accountability and trust among stakeholders.
While the organization has not diverted assets and has a reasonable liabilities-to-assets ratio, its overall lack of independent oversight and transparency remains a critical issue. Enhancing governance practices and improving the availability of financial documentation could significantly bolster its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is International Buddhist Cultural Heritage Foundation legitimate?
International Buddhist Cultural Heritage Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Buddhist Cultural Heritage 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: $19,778
Other Salaries and Wages: $0
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What is the mission statement of International Buddhist Cultural Heritage Foundation?
The International Buddhist Cultural Heritage Foundation is committed to serving religious or charitable purposes, with the ultimate goal of assisting the general public. Their activities are geared towards aiding individuals in various ways, as outlined in their programs. The foundation's mission is aligned with this dedication, focusing on contributing positively to society. Though specific details about the nature of these programs or the ways in which they aid the public are not provided, it is clear that the foundation is dedicated to making a positive impact.
Who is the CEO of International Buddhist Cultural Heritage Foundation?
Thich Vien Ly is the President of International Buddhist Cultural Heritage Foundation.
What is the revenue of International Buddhist Cultural Heritage Foundation?
International Buddhist Cultural Heritage Foundation's revenue in 2022 was $1,432,562.
Who are the executives of International Buddhist Cultural Heritage 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 International Buddhist Cultural Heritage Foundation?
International Buddhist Cultural Heritage Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of International Buddhist Cultural Heritage Foundation
The International Buddhist Cultural Heritage Foundation is committed to serving a noble cause, dedicating its efforts to religious or charitable purposes that benefit the wider public. Its mission is centered around assisting people in various capacities, as outlined in its programs. This nonprofit organization is driven by a compassionate desire to make a positive impact on the lives of many.
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Impact
July, 2024
The International Buddhist Cultural Heritage Foundation has made a significant impact in promoting religious and charitable endeavors that benefit the general public. Through its programs and initiatives, the foundation has worked towards assisting people in various ways, thereby contributing to the well-being of individuals and communities. Based in San Gabriel, California, the foundation's dedication to religious and charitable purposes has resulted in tangible benefits for those it serves.
This information is meant to be a general summary of International Buddhist Cultural Heritage 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: $4
- Gross Receipts: $1,500,907
Assets and Liabilities:
- Total Assets: $8,615,291
- Total Liabilities: $74,188
- Net Assets: $8,541,103
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Organization Details
Founding Year
1996
Phone
(626) 376-5011Principal Officer
Thich Vien Ly
Main Address
311 E MISSION RD, SAN GABRIEL, CA, 91776
NTEE Category
Code: X99Z - Religion related
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