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Pema Chodron Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205958865 ✦ Steamboat springs, CO ✦ Designated as a 501(c)(3)

Overview

What is Pema Chodron Foundation?

The Pema Chodron Foundation is a nonprofit organization, based in Steamboat Springs, Colorado, dedicated to fostering and promoting Buddhist monasticism and the broader Buddhist tradition worldwide. Their mission extends beyond North America and Southeast Asia, providing support to various community-oriented organizations serving disadvantaged populations, such as distressed families, abused individuals, incarcerated persons, and drug addicts. Their initiatives include funding for monasteries, monastics, and meditation centers, scholarships for education, health programs, youth rehabilitation and training, books to prisoners and underserved communities, and archiving of Buddhist masters' teachings. The organization, with about 8 employees, also aims to create and support an Endowment Fund for long-term sustainability.


Official website here: www.pemachodronfoundation.org

Is Pema Chodron Foundation legitimate?

Pema Chodron Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pema Chodron 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.

Here are some key statistics you may want to consider:

Executive Compensation: $109,816
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,058

For more financial information, click here


Official website here: www.pemachodronfoundation.org

What is the mission statement of Pema Chodron Foundation?

The Pema Chodron Foundation's mission is centered around supporting and promoting Buddhist monasticism and the Buddhist tradition globally. Their objective is to contribute to the realization of this vision by offering assistance and aid to community-focused organizations that cater to disadvantaged populations. Specifically, these organizations work with distressed families, particularly children and adolescents, victims of abuse, incarcerated individuals, and drug addicts. Additionally, the foundation aims to establish and maintain an Endowment Fund, ensuring its charitable activities continue indefinitely.


Official website here: www.pemachodronfoundation.org

Who is the CEO of Pema Chodron Foundation?

Timothy Olmsted is the President of Pema Chodron Foundation.


Official website here: www.pemachodronfoundation.org

What is the revenue of Pema Chodron Foundation?

Pema Chodron Foundation's revenue in 2022 was $1,038,159.


Official website here: www.pemachodronfoundation.org

Who are the executives of Pema Chodron Foundation and what are their salaries?

The average compensation at Pema Chodron Foundation during 2022 was $15,109. There are 8 employees and 5 volunteers at Pema Chodron Foundation.

Here are 7 key members and their salaries:

    Glenna Olmsted (Foundation Mgr.)
  • Compensation: $40,800
  • Related: $0
  • Other: $0

    • Martha Kirkman (Secretary) [Trustee/Director]
  • Compensation: $26,400
  • Related: $0
  • Other: $0

    • Timothy Olmsted (President) [Trustee/Director]
  • Compensation: $16,500
  • Related: $0
  • Other: $0

    • Marjorie Rodgers (Vice President) [Trustee/Director]
  • Compensation: $12,054
  • Related: $0
  • Other: $0

    • Arvo Fallon (Director)
  • Compensation: $11,220
  • Related: $0
  • Other: $0

    • Cathryn Mayer (Treasurer) [Trustee/Director]
  • Compensation: $6,600
  • Related: $0
  • Other: $0

    • Pema Chodron (Chairman) [Trustee/Director]
  • Compensation: $2,400
  • Related: $0
  • Other: $0


  • Official website here: www.pemachodronfoundation.org

    Where can I find the form 990 for Pema Chodron Foundation?

    The Pema Chodron Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pemachodronfoundation.org

    Learn more at the official website: www.pemachodronfoundation.org

    Mission Statement of Pema Chodron Foundation

    The Pema Chodron Foundation is dedicated to fostering Buddhist monasticism and upholding the Buddhist tradition globally. Its mission extends beyond this, aiming to materialize the Buddhist philosophy by offering support and aid to community-focused organizations that cater to marginalized populations. These populations include distressed families, particularly children and adolescents, victims of abuse, incarcerated individuals, and those struggling with drug addiction. The foundation's ultimate goal is to establish a perpetual Endowment Fund, ensuring that its efforts in aiding these communities continue well into the future.

    Impact

    This information is meant to be a general summary of Pema Chodron Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Pema Chodron Foundation's impact is significant in supporting and encouraging Buddhist monasticism and the Buddhist tradition worldwide. The foundation provides support and assistance to community-based organizations that serve marginalized populations such as distressed families, abused individuals, the incarcerated, and drug addicts. Additionally, they support various programs including scholarships for education, health programs, youth rehabilitation and training, as well as providing books on meditation to prisoners and the underserved. The foundation's work also includes supporting the translation and archiving of teachings from Buddhist masters. Through their efforts in North America and Southeast Asia, the Pema Chodron Foundation contributes to the growth and preservation of Buddhist teachings and practices, while also making a positive impact on marginalized communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $156,919
  • Program Service Revenue: $651,500
  • Gross Receipts: $1,085,894

    • Assets and Liabilities:
  • Total Assets: $6,433,667
  • Total Liabilities: $282,899
  • Net Assets: $6,150,768
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Program royalty income

    Revenue

    $609,684

    Teaching program income

    Revenue

    $41,816

    Organization Details

    Founding Year

    2006

    Principal Officer

    Timothy Olmsted

    Main Address

    P O Box 770630, Steamboat Springs, CO, 80477

    NTEE Category

    Code: X50 - Religion related

    If you are a representative of Pema Chodron Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.