The Dalai Lama Foundation

EIN: 264635814 501(c)(3)

Shoreline, WA

Total Revenue
$851,528
Total Expenses
$4,338,453
Total Assets
$6,300,895
Net Assets
$5,258,375
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
Tashi Khamshitsang
Phone
2063002891
Tax Period
2018-04-01 to 2019-03-31

The Dalai Lama Foundation, founded in 2009, is a small nonprofit that reported $852K in total revenue in fiscal year 2018. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $4.3M exceeded revenue, resulting in a 409% operating deficit.

Mission

The organization is founded to fund and provide financial support, through grants and donations, for the activities of individuals and institutions belonging to, associated with and working for the welfare of the Tibetan community and other needy persons around the world, the study preservation and promotion of the culture and heritage of the ancient civilization of Tibet in its many facets including but not limited to its history, religion, arts, crafts, architecture, medicine and way of life, and promotion of education, human health and welfare, and provision of basic human needs for all people.

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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 (2018)

Revenue Breakdown

Contributions & Grants $371,635
Program Service Revenue $0
Investment Income $146,689
Other Revenue $333,204
TOTAL REVENUE $851,528

Expense Breakdown

Grants Paid $4,249,535
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,249,535
Other Expenses $88,918
TOTAL EXPENSES $4,338,453

Year-over-Year Comparison

2018 2017 Change
Revenue $851,528 $1,163,666 -0.3%
Expenses $4,338,453 $660,280 +5.6%
Net Income $-3,486,925 $503,386 -7.9%
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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jamphel Lhundup Trustee 1.00
Director
$0 $0 $0
Lobsang Nyandak Trustee 1.00
Director
$0 $0 $0
Tenzin Taklha Trustee 1.00
Director
$0 $0 $0
Yodon Thonden Trustee 1.00
Director
$0 $0 $0
Tenzin Dhonden Former Secretary 1.00
Officer Director
$0 $0 $0
Tashi N Khamshitsang Acting Secretary 8.00
Officer Director
$0 $0 $0
Tsetsen S Chhoekyapa Alternate Chairperson 1.00
Officer Director
$0 $0 $0
Tenzin Gyatso His Holiness Chairperson 1.00
Officer 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
2019 $851,528 $4,338,453 $6,300,895 $-3,486,925
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