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Nonprofiteer
← BRAHMANANDA SARASWATI FOUNDATION

Form 990 for tax year 2024

Filed by BRAHMANANDA SARASWATI FOUNDATION.

Totals

Total revenue
$10,618,102
Total expenses
$18,944,376
Contributions and grants received
$6,616,312
Grants paid
$17,438,908
Program service revenue
$474,916
Investment income
$3,133,533
Other revenue
$393,341
Total assets, end of year
$77,826,057
Total liabilities, end of year
$280,305
Net assets or fund balances, end of year
$77,545,752
Program services expenses (Part IX)
$17,839,001
Management and general expenses
$850,099
Fundraising expenses
$255,276
Program service expenses (Part III)
$17,839,001

Program services were 94.2% 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.

  • 1f · All other contributions, gifts and grants

    $6,616,312

  • 1g · Noncash contributions included above

    $486,783

  • 2a · Program service revenue: COURSE FEES

    total $266,822 · related or exempt $266,822

  • 2b · Program service revenue: APP INCOME

    total $208,094 · related or exempt $208,094

  • 3 · Investment income

    total $2,725,307 · excluded $2,725,307

  • 5 · Royalties

    total $501 · excluded $501

  • 6a · Gross rents

    real property $653,277

  • 6b · Less rental expenses

    real property $305,273

  • 6c · Rental income or loss

    real property $348,004

  • 6d · Net rental income or loss

    total $348,004 · excluded $348,004

  • 7a · Gross sales of assets other than inventory

    other assets $1,911,322

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

    other assets $1,503,096

  • 7c · Gain or loss

    other assets $408,226

  • 7d · Net gain or loss

    total $408,226 · related or exempt $408,226

  • 11a · Other revenue: CROP SALES

    total $44,836 · excluded $44,836

  • 11e · Other revenue, total

    $44,836

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,139,977 · program services $3,139,977

  • 3 · Grants to foreign organizations and individuals

    total $14,298,931 · program services $14,298,931

  • 5 · Compensation of officers, directors and key employees

    total $48,000 · management and general $48,000

  • 7 · Other salaries and wages

    total $164,221 · program services $2,690 · management and general $79,110 · fundraising $82,421

  • 10 · Payroll taxes

    total $16,411 · program services $208 · management and general $9,829 · fundraising $6,374

  • 11f · Fees: investment management

    total $154,597 · management and general $154,597

  • 11g · Fees: other

    total $361,195 · program services $238,147 · management and general $110,917 · fundraising $12,131

  • 13 · Office expenses

    total $104,775 · management and general $17,762 · fundraising $87,013

  • 14 · Information technology

    total $85,205 · program services $20,723 · management and general $2,379 · fundraising $62,103

  • 16 · Occupancy

    total $171,889 · management and general $171,889

  • 17 · Travel

    total $4,452 · program services $4,452

  • 22 · Depreciation, depletion and amortization

    total $223,669 · management and general $223,669

  • 24a · Other expenses: COURSE FEE EXPENSES

    total $136,743 · program services $133,873 · management and general $2,870

  • 24b · Other expenses: PERMITS AND LICENSES

    total $34,311 · management and general $29,077 · fundraising $5,234

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $538,724 · end of year $702,151

  • 4 · Accounts receivable

    beginning of year $79,866 · end of year $56,760

  • 7 · Other notes and loans receivable

    beginning of year $1,522,102 · end of year $976,259

  • 9 · Prepaid expenses and deferred charges

    beginning of year $57,445 · end of year $20,941

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

    $34,161,940

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

    $1,128,144

  • 10c · Land, buildings and equipment, net

    beginning of year $34,628,486 · end of year $33,033,796

  • 11 · Investments: publicly traded securities

    beginning of year $46,918,359 · end of year $42,991,416

  • 14 · Intangible assets

    beginning of year $94,734 · end of year $44,734

  • 17 · Accounts payable and accrued expenses

    beginning of year $131,627 · end of year $109,411

  • 19 · Deferred revenue

    beginning of year $147,231 · end of year $145,894

  • 25 · Other liabilities

    end of year $25,000

  • 27 · Net assets without donor restrictions

    beginning of year $65,421,848 · end of year $58,394,449

  • 28 · Net assets with donor restrictions

    beginning of year $18,139,010 · end of year $19,151,303

Mission and programs · 2024

Mission

TO SECURE PEACE, AFFLUENCE AND INVINCIBILITY FOR LIFE EVERYWHERE ON EARTH BY PROVIDING PERPETUAL SUPPORT FOR LARGE GROUPS PRACTICING TRANSCENDENTAL MEDITATION AND ITS ADVANCED TECHNIQUES, ESPECIALLY LARGE GROUPS OF MAHARISHI VEDIC PANDITS WHO ALSO OFFER SPECIAL VEDIC PERFORMANCES FOR THE WELFARE OF THE WORLD.

  • GRANTS TO ASSIST IN SUPPORTING LIVING EXPENSES OF OVER 5,000 VEDIC PANDITS IN MORE THAN 70 LOCATIONS THROUGHOUT INDIA AND NEPAL. THE GRANTS TO INDIA AND NEPAL ARE ONLY A PORTION OF THE CONTRIBUTIONS COLLECTED TO CREATE WORLD PEACE.

    Expenses $4,360,125 · Grants $4,360,125

  • GRANTS TO ASSIST NON-PROFIT ORGANIZATIONS AROUND THE WORLD WITH GOALS SIMILAR TO THOSE OF BRAHMANANDA SARASWATI FOUNDATION. THESE GRANTS PROVIDE EXPANDED, BROAD-BASED SUPPORT FOR BSF'S EDUCATIONAL AND CHARITABLE MISSION TO PROMOTE WORLD PEACE THROUGH THE PRACTICE OF THE VEDIC PANDITS AND OTHER COHERENCE CREATING GROUPS. THE PRACTICE OF THESE GROUPS BRINGS AN INFLUENCE OF PEACE, COHERENCE, AND AFFLUENCE IN THE COLLECTIVE CONSCIOUSNESS FOR THE WHOLE WORLD POPULATION.

    Expenses $13,078,783 · Grants $13,078,783

  • IN-RESIDENCE COURSES HELD AT THE BRAHMASTHAN OF INDIA PROVIDED OVER 500 PARTICIPANTS FROM 60 DIFFERENT COUNTRIES THE OPPORTUNITY TO EXPERIENCE THE TANGIBLE INFLUENCE OF THE VEDIC PANDITS. THESE COURSES ALSO INCLUDED KNOWLEDGE LECTURES OF VEDIC SCIENCE AS WELL AS PRESENTATIONS ON THE SCIENTIFIC RESEARCH DONE ON THE INDIVIDUAL AND GROUP PRACTICE OF TRANSCENDENTAL MEDITATION. AS A RESULT OF THESE COURSES, BRAHMANANDA SARASWATI FOUNDATION EXPECTS EXPANDED AWARENESS OF THE UNIQUE VALUE OF ITS MISSION AND HOPES FOR ADDED SUPPORT.

    Expenses $400,093 · Revenue $474,916

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DR HARRIS KAPLAN

    CEO

    Total calculated
    $0
    Hours/week
    30

  • DR BEVAN MORRIS

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.3

  • DR ROBERT LOPINTO

    TREASURER

    Total calculated
    $0
    Hours/week
    0.3

  • LEONARD GOLDMAN

    ASSISTANT SE

    Total calculated
    $0
    Hours/week
    0.3

  • JEANNIE ROSE

    CFO & SECRET

    Total calculated
    $48,000
    From this org
    $48,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • DR LESLIE BROOKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR HOWARD MARTIN CHANDLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR RAFAEL DAVID

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR JOHN HAGELIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR LUIS ALVAREZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR MAUREEN WYNNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR ARLENE KAPLAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR ANTONIO BARTOLOME MENENDEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR NEIL PATERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • RAINER PICHA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR STEVE RUBIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

  • DR SUSAN SWAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3

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.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2024
Filed
30 May 2025
IRS schema version
2024v5.0
Source object
202531509349300238

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