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Nonprofiteer
← TIBET FUND

Form 990 for tax year 2023

Filed by TIBET FUND.

Totals

Total revenue
$12,389,267
Total expenses
$11,803,727
Contributions and grants received
$12,106,899
Grants paid
$10,926,442
Program service revenue
$0
Investment income
$264,435
Other revenue
$17,933
Total assets, end of year
$9,682,601
Total liabilities, end of year
$1,222,516
Net assets or fund balances, end of year
$8,460,085
Program services expenses (Part IX)
$11,238,604
Management and general expenses
$486,467
Fundraising expenses
$78,656
Program service expenses (Part III)
$11,238,604

Program services were 95.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $341,276

  • 1e · Government grants (contributions)

    $9,181,510

  • 1f · All other contributions, gifts and grants

    $2,584,113

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $214,157 · excluded $214,157

  • 6a · Gross rents

    real property $89,830

  • 6b · Less rental expenses

    real property $24,303

  • 6c · Rental income or loss

    real property $65,527 · personal property $0

  • 6d · Net rental income or loss

    total $65,527 · excluded $65,527

  • 7a · Gross sales of assets other than inventory

    securities $1,506,565

  • 7b · Less cost or other basis and sales expenses

    securities $1,456,287

  • 7c · Gain or loss

    securities $50,278 · other assets $0

  • 7d · Net gain or loss

    total $50,278 · excluded $50,278

  • 8a · Fundraising events: gross income

    $28,000

  • 8a · Fundraising events: contributions included on line 1c

    $341,276

  • 8b · Fundraising events: direct expenses

    $75,594

  • 8c · Net income from fundraising events

    total -$47,594 · excluded -$47,594

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $655,400 · program services $655,400

  • 2 · Grants to domestic individuals

    total $322,091 · program services $322,091

  • 3 · Grants to foreign organizations and individuals

    total $9,948,951 · program services $9,948,951

  • 5 · Compensation of officers, directors and key employees

    total $282,820 · program services $105,353 · management and general $148,590 · fundraising $28,877

  • 7 · Other salaries and wages

    total $211,589 · program services $91,244 · management and general $100,314 · fundraising $20,031

  • 8 · Pension plan contributions

    total $11,486 · program services $1,220 · management and general $8,706 · fundraising $1,560

  • 9 · Other employee benefits

    total $50,338 · program services $5,347 · management and general $38,154 · fundraising $6,837

  • 10 · Payroll taxes

    total $37,029 · program services $3,933 · management and general $28,067 · fundraising $5,029

  • 11c · Fees: accounting

    total $41,408 · management and general $41,408

  • 11g · Fees: other

    total $37,242 · program services $9,830 · management and general $22,103 · fundraising $5,309

  • 13 · Office expenses

    total $26,116 · program services $4,329 · management and general $15,898 · fundraising $5,889

  • 14 · Information technology

    total $14,487 · program services $10,141 · management and general $4,346

  • 16 · Occupancy

    total $24,302 · program services $6,318 · management and general $17,984

  • 17 · Travel

    total $71,481 · program services $65,405 · management and general $2,144 · fundraising $3,932

  • 19 · Conferences, conventions and meetings

    total $540 · management and general $540

  • 22 · Depreciation, depletion and amortization

    total $26,157 · management and general $26,157

  • 23 · Insurance

    total $14,123 · program services $1,412 · management and general $12,711

  • 24a · Other expenses: Meals and entertainment

    total $23,844 · program services $7,630 · management and general $15,022 · fundraising $1,192

  • 24b · Other expenses: Miscellaneous

    total $4,323 · management and general $4,323

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $691,728 · end of year $84,083

  • 2 · Savings and temporary cash investments

    beginning of year $404,980 · end of year $690,276

  • 4 · Accounts receivable

    beginning of year $95,285 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $200,000 · end of year $170,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $348,407 · end of year $953,111

  • 10a · Land, buildings and equipment: cost or other basis

    $1,181,651

  • 10b · Land, buildings and equipment: accumulated depreciation

    $676,573

  • 10c · Land, buildings and equipment, net

    beginning of year $531,235 · end of year $505,078

  • 11 · Investments: publicly traded securities

    beginning of year $5,617,460 · end of year $6,913,256

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $43,568 · end of year $366,797

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,636 · end of year $22,863

  • 19 · Deferred revenue

    beginning of year $245,728 · end of year $1,167,311

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $179,163 · end of year $32,342

  • 27 · Net assets without donor restrictions

    beginning of year $6,649,573 · end of year $7,070,082

  • 28 · Net assets with donor restrictions

    beginning of year $843,563 · end of year $1,390,003

Mission and programs · 2023

Mission

THE FUND'S MISSION IS TO HELP TIBETANS REBUILD AND IMPROVE THEIR LIVES AND PRESERVE THEIR DISTINCT CULTURAL HERITAGE AND NATIONAL IDENTITY. THE FUND SUPPORTS HUMANITARIAN AID, HEALTH, EDUCATION, COMMUNITY AND ECONOMIC DEVELOPMENT, AND CULTURAL PRESERVATION PROGRAMS THAT SERVE IMPOVERISHED TIBETANS LIVING IN EXILE AND IN TIBET.

Activities or mission (Part I)

THE FUND'S MISSION IS TO HELP TIBETANS REBUILD AND IMPROVE THEIR LIVES AND PRESERVE THEIR DISTINCT CULTURAL HERITAGE AND NATIONAL IDENTITY.

  • SEE SCHEDULE O.

    Expenses $4,391,462 · Grants $4,304,509

  • Religion and Cultural Preservation - The Fund works to sustain the distinct religious and cultural traditions of the Tibetan people by supporting Tibetan arts and cultural organizations, library, media, film and publishing projects, and programs that promote Tibetans' religious, cultural, and human rights aims. In addition, the Fund facilitates sponsorships for students in traditional learning centers located in the refugee settlements in India and Nepal.

    Expenses $3,255,698 · Grants $3,237,214

  • SEE SCHEDULE O.

    Expenses $2,126,389 · Grants $2,050,115

  • ECONOMIC AND COMMUNITY DEVELOPMENT.

    Expenses $1,417,356 · Grants $1,324,579

  • Humanitarian Assistance

    Expenses $47,699 · Grants $10,025

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Geoffrey Menin

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Michael Lemle

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Champa N Weinreb

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ethan David Goldings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jigme Shingsar

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nima R T Binara

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nina Schroeder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rinchen Dharlo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tenzing Tekan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tom Nazario

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Tsewang Namgyal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lhakpa Jhangowa

    DIRECTOR OF FINANCE AND GRANTS

    Total calculated
    $103,074
    From this org
    $69,800
    From related orgs
    $0
    Other
    $33,274
    Hours/week
    35

  • Robert Ankerson

    PRESIDENT

    Total calculated
    $179,746
    From this org
    $161,922
    From related orgs
    $0
    Other
    $17,824
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $161,922
    Bonus
    $0
    Other
    $0
    Deferred
    $8,096
    Nontaxable benefits
    $9,728
    Filer's total
    $179,746

  • Tenzing Choephel

    SCHOLARSHIP COORDINATOR

    Total calculated
    $104,822
    From this org
    $68,105
    From related orgs
    $0
    Other
    $36,717
    Hours/week
    35

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • New York University

    $99,702

    Students Support

  • Namgyal Monastery

    $50,000

    Religion and Culture

  • Harvard University

    $39,528

    Students Support

  • Orbitz

    $33,039

    Students Support

  • Plateanx LLC

    $30,070

    Religion and Culture

  • Tibetan Community of NYNJ

    $30,000

    Community Development

  • University of Northern Iowa

    $27,933

    Students Support

  • University of Delaware

    $26,289

    Students Support

  • Georgia Institute of Technology

    $25,896

    Students Support

  • University of Wisconsin

    $21,200

    Students Support

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202443139349301749

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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