MAHAMATI FOUNDATION

EIN: 205930362 501(c)(3) Religion

Santa Barbara, CA

Total Revenue
N/A
Total Expenses
$3,839
Total Assets
$292,455
Net Assets
$292,455
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Financial Vulnerability Assessment (Tuckman-Chang)

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Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Ananda Shan Massoubre
Phone
8056379188
Tax Period
2020-01-01 to 2020-12-31

Mission

The primary mission of Mahamati Foundation is to promote the activities and teachings of the Karma Kagyu tradition of Tibetan Buddhism under the ultimate direction of the 17th Karmapa, Thaye Dorje, through the specific activities of Karma Trinlay Rinpoche, that include his extensive teachings on various important Buddhist texts and practices, his writings and translations, as well as his organizing of seminars and retreats.

Program Service Accomplishments

Program 1
Expenses: $3,839 Revenue: $0

Mahamati's President and CEO has been teaching extensively in Karma Kagyu Buddhist centers throughout Europe, the United States and Southeast Asia. Each year he teaches at least two to three times in...

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Mahamati's President and CEO has been teaching extensively in Karma Kagyu Buddhist centers throughout Europe, the United States and Southeast Asia. Each year he teaches at least two to three times in the United States and more frequently in France and Germany. This year, he taught primarily online.

Program 2
Expenses: $0 Revenue: $0

As a Westerner, born of French and American parents, Karma Trinlay Rinpoche was raised in Tibetan Buddhist monasteries and educated at French at the Sorbonne, as well as other prestigious French...

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As a Westerner, born of French and American parents, Karma Trinlay Rinpoche was raised in Tibetan Buddhist monasteries and educated at French at the Sorbonne, as well as other prestigious French educational institutions. He is fluent in Tibetan, French, and English. With this multicultural background, Rinpoche is uniquely positioned to be able to translate Tibetan texts into both English and French, including Buddhist philosophical and liturgical texts, as well as other texts related to Buddhist poetry, for the use of students of the Karma Kagyu lineage. In addition, he serves as translator for the 17th Karmapa, Thaye Dorje, and other Tibetan Buddhist teachers.

Program 3
Expenses: $0 Revenue: $0

As part of the traditional Buddhist teachings that emphasize the importance of generosity, Mahamati devotes some of its assets to making offerings to Buddhist centers and organizations both in the...

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As part of the traditional Buddhist teachings that emphasize the importance of generosity, Mahamati devotes some of its assets to making offerings to Buddhist centers and organizations both in the United States and abroad. This year, however, because of the impact of Covid 19, no donations were made because no revenue was received.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,839
Other Expenses $3,839
TOTAL EXPENSES $3,839

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $2,000 -1.0%
Expenses $3,839 $19,392 -0.8%
Net Income N/A $-17,392 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ananda Shan Massoubre President/ CEO 30
Officer Director
$0 $0 $0
Giselle de Saint Phalle Secretary and Treasurer 15
Officer Director
$0 $0 $0
Simone Peters Director 5
Director
$0 $0 $0
Roland Peters Director 5
Director
$0 $0 $0
Marjorie Lakin Erickson Director 8
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 No data $3,839 $292,455 No data
2019 $2,000 $19,392 $230,846 $-17,392
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