Form 990 for tax year 2024
Filed by BRAHMANANDA SARASWATI YAGYA FOUNDATION.
Totals
- Total revenue
- $9,122,846
- Total expenses
- $9,225,919
- Contributions and grants received
- $8,734,693
- Grants paid
- $7,045,253
- Program service revenue
- $0
- Investment income
- $388,153
- Other revenue
- $0
- Total assets, end of year
- $16,495,087
- Total liabilities, end of year
- $385,933
- Net assets or fund balances, end of year
- $16,109,154
- Program services expenses (Part IX)
- $8,419,283
- Management and general expenses
- $627,183
- Fundraising expenses
- $179,453
- Program service expenses (Part III)
- $8,419,283
Program services were 91.3% 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
$8,734,693
-
1g · Noncash contributions included above
$153,676
-
3 · Investment income
total $249,914 · excluded $249,914
-
7a · Gross sales of assets other than inventory
securities $138,239
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $138,239
-
7d · Net gain or loss
total $138,239 · excluded $138,239
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,771,183 · program services $1,771,183
-
3 · Grants to foreign organizations and individuals
total $5,274,070 · program services $5,274,070
-
5 · Compensation of officers, directors and key employees
total $36,784 · management and general $36,784
-
7 · Other salaries and wages
total $54,000 · program services $48,478 · management and general $5,522
-
10 · Payroll taxes
total $7,815 · program services $4,193 · management and general $3,622
-
11a · Fees: management
total $3,426 · management and general $3,426
-
11c · Fees: accounting
total $46,161 · management and general $46,161
-
11g · Fees: other
total $381,721 · program services $381,721
-
12 · Advertising and promotion
total $1,352 · fundraising $1,352
-
13 · Office expenses
total $177,709 · program services $62 · management and general $8,262 · fundraising $169,385
-
14 · Information technology
total $1,002,091 · program services $757,207 · management and general $236,168 · fundraising $8,716
-
17 · Travel
total $58,228 · program services $58,228
-
20 · Interest
total $10,631 · program services $10,631
-
22 · Depreciation, depletion and amortization
total $100,823 · program services $100,823
-
23 · Insurance
total $7,069 · program services $6,362 · management and general $707
-
24a · Other expenses: SHARE OF MVI INCOME
total $217,847 · management and general $217,847
-
24b · Other expenses: SHARE OF MRRVE INCOME
total $68,684 · management and general $68,684
-
24c · Other expenses: OTHER EXPENSES
total $6,325 · program services $6,325
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $609,442 · end of year $315,881
-
2 · Savings and temporary cash investments
beginning of year $1,052,093 · end of year $1,205,664
-
4 · Accounts receivable
beginning of year $36,569 · end of year $34,340
-
9 · Prepaid expenses and deferred charges
beginning of year $348,938 · end of year $381,595
-
10a · Land, buildings and equipment: cost or other basis
$94,356
-
10b · Land, buildings and equipment: accumulated depreciation
$17,925
-
10c · Land, buildings and equipment, net
beginning of year $64,716 · end of year $76,431
-
11 · Investments: publicly traded securities
beginning of year $2,810,027 · end of year $2,517,234
-
13 · Investments: program-related
beginning of year $11,174,612 · end of year $11,785,048
-
14 · Intangible assets
beginning of year $199,508 · end of year $178,894
-
17 · Accounts payable and accrued expenses
beginning of year $195,347 · end of year $339,794
-
25 · Other liabilities
beginning of year $3,030 · end of year $46,139
-
27 · Net assets without donor restrictions
beginning of year $16,097,528 · end of year $16,109,154
Mission and programs · 2024
Mission
BRAHMANANDA SARASWATI YAGYA FOUNDATION'S MISSION IS TO SUPPORT THE EXPANSION OF VEDIC KNOWLEDGE IN THE WORLD AND ESPECIALLY THE KNOWLEDGE AND PRACTICE OF VEDIC YAGYA PERFORMANCES TO PROMOTE HARMONY AND PROGRESS ON EVERY LEVEL OF LIFE.
Activities or mission (Part I)
SEE PAGE 2 PART III #1 FOR DETAIL.
-
SUPPORT OF VEDIC PANDITS IN INDIA TO SUPPORT THE EXPANSION OF VEDIC KNOWLEDGE IN THE WORLD AND PROMOTE HARMONY AND PROGRESS ON EVERY LEVEL OF LIFE.
Expenses $3,892,000 · Grants $3,892,000
-
VEDIC PROGRAM DEVELOPMENT AND EXPANSION PROJECTS IN NETHERLANDS.
Expenses $423,665 · Grants $423,665
-
VEDIC PROJECT DEVELOPMENT AND EXPANSION PROJECTS IN SWITZERLAND.
Expenses $623,654 · Grants $623,654
-
Expenses $3,479,964 · Grants $2,105,934
As filed on the 2024 return.
Listed in Part VII
-
NEIL PATERSON
PRESIDENT AND DIRECTOR
- Total calculated
- $0
- Hours/week
- 20
-
RICHARD BOYLAND
TREASURER AND DIRECTOR
- Total calculated
- $12,000
- From this org
- $12,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
MICHAEL BUSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
SATINDER SWAROOP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SURESH CHATRANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RAVI PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN PETERSEN
SECRETARY
- Total calculated
- $24,784
- From this org
- $24,784
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
-
SUPPORT
-
SUPPORT
-
SUPPORT
-
SUPPORT
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MAHARISHI RAM RAJ VEDIC EDUCATION
C · EDUCATION · IN · 99.97% owned · share of income -$68,680 · share of assets $4,777,512 · controlled entity
Directly controlled by BSYF
-
MAHARISHI VEDIC INSTITUTE PVT LTD
C · EDUCATION · NP · 100% owned · share of income -$217,847 · share of assets $7,618,165 · controlled entity
Directly controlled by BSYF
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513109349300346
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