NAMCHAK FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NAMCHAK FOUNDATION (EIN 26-4712157)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-16
IRS object ID
202533209349100248
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-16T17:31:27-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN861065772PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELOITTE TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11111 BAGBY STREET SUITE 4500AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP770022591ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264712157EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NAMCHAK FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNAMCBusinessNameControlTxt
Phone7139553220PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12229 SAN FELIPE STREET 1150AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALICE BAILEYPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone7139553220PhoneNum
Signature2025-09-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBEN WEINSTEINPreparerPersonNm
PTINP01674617PTIN
Phone7139822000PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,435,791FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$9,401ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$54InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$54InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$54InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$265,011DividendsRevAndExpnssAmt
Dividends Net Invst Incm$265,011DividendsNetInvstIncmAmt
Dividends Adj Net Incm$265,011DividendsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$0NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$200,642OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$200,642OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$475,108TotalRevAndExpnssAmt
Total Net Invst Incm$265,065TotalNetInvstIncmAmt
Total Adj Net Incm$465,707TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$2,445,229OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$465,707OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$1,979,522OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$103,405PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$0PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$103,405PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$183,494LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$0LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$183,494LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$36,247AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$0AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$36,247AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$241,241OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$0OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$241,241OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$5,303TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Adj Net Incm$0TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$5,303TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$5,627DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Deprec And Dpltn Adj Net Incm$0DeprecAndDpltnAdjNetIncmAmt
Occupancy Rev And Expnss$32,490OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm$0OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl$32,490OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$96,779TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$0TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$96,779TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$878PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm$0PrintingAndPubAdjNetIncmAmt
Printing And Pub Dsbrs Chrtbl$878PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$127,158OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$0OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$127,158OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,277,851TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$465,707TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,806,517TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,277,851TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$465,707TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$2,806,517TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,802,743ExcessRevenueOverExpensesAmt
Net Investment Income$265,065NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$10,909CashBOYAmt
Cash EOY$11,352CashEOYAmt
Cash EOYFMV$11,352CashEOYFMVAmt
Sav And Temp Cash Invst BOY$7,144,143SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$4,196,345SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$4,196,345SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$3,400AcctRcvblAmt
Acct Rcvbl EOY$3,400AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$3,400AcctRcvblEOYFMVAmt
Other Nts And Loans Rcvbl$11OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$2,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$11OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$11OtherNtsAndLoansRcvblEOYFMVAmt
Inventories BOY$3,179InventoriesBOYAmt
Prepaid Expenses BOY$1,998PrepaidExpensesBOYAmt
Prepaid Expenses EOY$7,865PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$7,865PrepaidExpensesEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$470,029LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$305,794LandBldgEquipAccumDeprecAmt
Land BOY$22,588LandBOYAmt
Land EOY$164,235LandEOYAmt
Land EOYFMV$164,235LandEOYFMVAmt
Other Assets BOY$22,958OtherAssetsBOYAmt
Other Assets EOY$52,583OtherAssetsEOYAmt
Other Assets EOYFMV$52,583OtherAssetsEOYFMVAmt
Total Assets BOY$7,207,775TotalAssetsBOYAmt
Total Assets EOY$4,435,791TotalAssetsEOYAmt
Total Assets EOYFMV$4,435,791TotalAssetsEOYFMVAmt
Accounts Payable BOY$43,807AccountsPayableBOYAmt
Accounts Payable EOY$65,659AccountsPayableEOYAmt
Total Liabilities BOY$43,807TotalLiabilitiesBOYAmt
Total Liabilities EOY$65,659TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$7,163,968RetainedEarningBOYAmt
Retained Earning EOY$4,370,132RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$7,163,968TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$4,370,132TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,207,775TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$4,435,791TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,163,968TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,802,743ExcessRevenueOverExpensesAmt
Other Increases$32,837OtherIncreasesAmt
Subtotal$4,394,062SubtotalAmt
Other Decreases$23,930OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$4,370,132TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$3,684InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$3,684SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$3,684TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$5,395EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$2,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$7,395TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$0EsPenaltyAmt
Overpayment$3,711OverpaymentAmt
Applied To ES Tax$3,711AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved EtcYes (1)OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMTOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (1)PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTER SERVICES LLCIndividualWithBooksNm
Phone7139553220PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12229 SAN FELIPE STREET SUITE 1150AddressLine1Txt
CityHOUSTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77019ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LINDA PRITZKER
2229 SAN FELIPE ST SUITE 1150HOUSTONTX77019PRESIDENT40.00$0$0$0
DR TASHI CHOEJI LODOE
2229 SAN FELIPE ST SUITE 1150HOUSTONTX77019DIRECTOR25.00$0$0$0
MARY JO SANDLIN
2229 SAN FELIPE ST SUITE 1150HOUSTONTX77019DIRECTOR25.00$0$0$0
ALICE BAILEY
2229 SAN FELIPE ST SUITE 1150HOUSTONTX77019SECRETARY/TREASURER1.50$0$0$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
JESSICA CROWLEY LARSON
2000 RAYMOND AVEMISSOULAMT598023515DIRECTOR OF EDUCATIO35.00$225,583$0$960
HILARY H MCKEAN
5626 WESTMORLAND DRBOZEMANMT597184818DIRECTOR OF MARKETIN35.00$214,604$0$960
TIMOTHY HINKLE
195 SUNSET WAYMUIR BEACHCA949659754TIBETAN TRANSLATOR40.00$197,627$0$960
JUSTIN R KIRKWOOD
1520 PHILLIPS STMISSOULAMT598022130TRANSLATOR40.00$176,517$0$960
LINCOLN D WACHTEL
3915 LINCOLN ROADMISSOULAMT598023088MANAGING DIRECTOR40.00$156,354$0$960
FieldValueIRS element (for citing)
Other Employee Paid Over50k14OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmt
ACADEMY FOR LOVE OF LEARNING
133 SETON VILLAGE ROADSANTA FENM87508CONSULTING$65,000
DYLAN PETERSON
2026 EDISON PARK LANENASHVILLETN37209MEDIA/MARKETING$61,400
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1NAMCHAK FOUNDATION OFFERS LEARNING OPPORTUNITIES IN TIBETAN BUDDHIST PRACTICE FOR STUDENTS AT EVERY LEVEL, FROM BEGINNERS TO EXPERIENCED PRACTITIONERS. THE FOUNDATION'S PROGRAMMING INCLUDES NUMEROUS ONLINE COURSES, COMMUNITY BASED LEARNING CIRCLES, LIVESTREAM TEACHINGS, AND RETREATS. THE FOUNDATION EMPLOYS TEN INDIVIDUALS TO CARRY OUT ITS E&O PROGRAM AND IS SUPPORTED BY THE VOLUNTEER WORK OF THE LINEAGE'S LAMAS, INCLUDING LINDA PRITZKER (LAMA TSOMO), TENZIN NAMCHAK (RINPOCHE), AND OTHER TIBETAN LAMAS, WHO TEACH BOTH ONLINE AND IN PERSON. THE FOUNDATION HOSTED 28 ONE TIME EVENTS IN 2024 THAT ATTRACTED APPROXIMATELY 1,440 PARTICIPANTS. REOCURRING PROGRAMS AND COURSES WERE ATTENDED BY APPROXIMATELY 152 PARTICIPANTS.Description1Txt
Expenses1$1,935,111Expenses1Amt
Description2THE NAMCHAK FOUNDATION SUPPORTS THE CREATION AND DISTRIBUTION OF THE SACRED TEXTS AND OTHER PUBLISHED MATERIALS, CDS AND OTHER OBJECTS USED IN THE STUDY AND/OR PRACTICE OF THE NAMCHAK LINEAGE. THROUGH ITS FIVE TRANSLATOR EMPLOYEES, THE FOUNDATION PRODUCES TRANSLATIONS OF THE LINEAGE'S SACRED TEXT FROM TIBETAN INTO ENGLISH CHANTABLE VERSE, TRANSLATIONS OF RELATED COMMENTARIES, AND BIOGRAPHIES OF LINEAGE GURUS. IN 2024, THE TEAM PRODUCED AND COMPLETED THREE BOOKS; 8 BOOKS WERE STILL IN PROGRESS AS OF THE END OF THE YEAR.Description2Txt
Expenses2$830,182Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,752,102AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$5,752,102TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$5,752,102AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$86,282CashDeemedCharitableAmt
Net Vl Noncharitable Assets$5,665,820NetVlNoncharitableAssetsAmt
Minimum Investment Return$283,291MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,806,517ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$2,806,517QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2021-08-04PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$368,426Year1Amt
Year2$148,577Year2Amt
Year3$61,083Year3Amt
Total$578,086TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$313,162Year1Amt
Year2$126,290Year2Amt
Year3$51,921Year3Amt
Total$491,373TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$2,806,517CurrentYearAmt
Year1$2,629,897Year1Amt
Year2$2,126,745Year2Amt
Year3$1,688,460Year3Amt
Total$9,251,619TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Year1$0Year1Amt
Year2$25,000Year2Amt
Year3$50,000Year3Amt
Total$75,000TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$2,806,517CurrentYearAmt
Year1$2,629,897Year1Amt
Year2$2,101,745Year2Amt
Year3$1,638,460Year3Amt
Total$9,176,619TotalAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$188,861CurrentYearAmt
Year1$285,258Year1Amt
Year2$340,151Year2Amt
Year3$300,791Year3Amt
Total$1,115,061TotalAmt

Total Support TotalSupportGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Public Support Type PublicSupportType

FieldValueIRS element (for citing)
Total$0TotalAmt

Largest Support From EO LargestSupportFromEOGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerLINDA PRITZKERContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd
Total Grant Or Contri Pd Dur Yr$0TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl (2 entries)

DescDescRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
RETREAT INCOME$39,623
SERVICE FEE INCOME$161,019

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$54ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$265,011ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$265,065ExclusionAmt
Related Or Exempt Function Incm$200,642RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$465,707TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1AINCOME FROM A RELIGIOUS RETREAT
1BINCOME FROM THE FOUNDATION'S MANAGEMENT SERVICES AGREEMENT WITH A
1BSISTER ORGANIZATION, NAMCHAK LLC, WHICH ALSO PROMOTES THE GROWTH,
1BSTUDY, AND PRACTICE OF THE NAMCHAK LINEAGE OF TIBETAN BUDDHISM.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
AUDIT FEES$18,267$0$0$18,267
TAX SERVICES$17,980$0$0$17,980

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (21 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
SOFTWARE2010-08-01$37,332$37,332SL3.000000000000$0$0$0
LOGO2010-07-15$33,719$30,161SL15.000000000000$2,248$0$2,248
WEBSITE2017-01-01$210,994$210,994SL15.000000000000$0$0$0
LOGO2015-07-01$6,885$3,902SL15.000000000000$459$0$459
COMPUTER2015-05-01$3,076$3,076SL7.000000000000$0$0$0
LOGO2016-01-06$2,440$1,304SL15.000000000000$163$0$163
LOGO2016-08-31$285$139SL15.000000000000$19$0$19
COMPUTER2016-12-02$2,000$2,000SL7.000000000000$0$0$0
COMPUTER2017-01-11$1,430$1,430SL7.000000000000$0$0$0
COMPUTER2017-12-11$1,208$1,052SL7.000000000000$156$0$156
LOGO2017-07-24$242$103SL15.000000000000$16$0$16
SOFTWARE2010-08-01$500SL3.000000000000$0$0$0
SOFTWARE2019-12-10$1,290$1,290SL3.000000000000$0$0$0
INTANGIBLE ASSETS2020-03-17$975$244SL15.000000000000$65$0$65
INTANGIBLE ASSETS2020-09-01$1,045$233SL15.000000000000$70$0$70
INTANGIBLE ASSETS2021-03-30$1,498$275SL15.000000000000$100$0$100
INTANGIBLE ASSETS2021-11-02$1,785$258SL15.000000000000$119$0$119
SOFTWARE2021-06-15$2,850$2,454SL3.000000000000$396$0$396
INTANGIBLE ASSETS2022-11-08$5,345$415SL15.000000000000$356$0$356
INTANGIBLE ASSETS2023-09-06$9,795$218SL15.000000000000$653$0$653
INTANGIBLE ASSETS2024-12-10$145,336SL15.000000000000$807$0$807

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (21 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
SOFTWARE$37,332$37,332$0
LOGO$33,719$32,409$1,310
WEBSITE$210,994$210,994$0
LOGO$6,885$4,361$2,524
COMPUTER$3,076$3,076$0
LOGO$2,440$1,467$973
LOGO$285$158$127
COMPUTER$2,000$2,000$0
COMPUTER$1,430$1,430$0
COMPUTER$1,208$1,208$0
LOGO$242$119$123
SOFTWARE$500$0$500
SOFTWARE$1,290$1,290$0
INTANGIBLE ASSETS$975$309$666
INTANGIBLE ASSETS$1,045$303$742
INTANGIBLE ASSETS$1,498$375$1,123
INTANGIBLE ASSETS$1,785$377$1,408
SOFTWARE$2,850$2,850$0
INTANGIBLE ASSETS$5,345$771$4,574
INTANGIBLE ASSETS$9,795$871$8,924
INTANGIBLE ASSETS$145,336$807$144,529

Liquidation Explanation Stmt LiquidationExplanationStmt

FieldValueIRS element (for citing)
ExplanationDURING THE TAX YEAR, NAMCHAK FOUNDATION EXPERIENCED A SUBSTANTIAL CONTRACTION BY DISBURSING ITS AVAILABLE CASH ASSETS TO DIRECTLY SUPPORT ITS CHARITABLE PROGRAMS AND ACTIVITIES. THIS DECISION WAS MADE IN ALIGNMENT WITH THE FOUNDATION'S MISSION TO MAXIMIZE ITS CHARITABLE IMPACT IN THE COMMUNITY. FOR MORE DETAILS ON THESE CHARITABLE ACTIVITIES, PLEASE SEE PART VIII-A.ExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$183,494LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$183,494DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DEPOSIT$2,375$32,000$32,000
ART$20,583$20,583$20,583

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescCURRENT YEAR BOOX/TAX DIFFERENCESDesc
Amt$23,930Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FILING FEES$20$0$0$20
CLEANING SUPPLIES & EQUIPMENT$81$0$0$81
FUEL EXPENSE$233$0$0$233
OFFICE SUPPLIES & EXPENSES$668$0$0$668
BANK CHARGES$796$0$0$796
DUES AND SUBSCRIPTIONS$1,017$0$0$1,017
EVENT EXPENSES$3,888$0$0$3,888
POSTAGE AND DELIVERY$4,904$0$0$4,904
LICENSES AND PERMITS$5,000$0$0$5,000
ADMINISTRATIVE FEES$5,586$0$0$5,586
PROFESSIONAL DEVELOPMENT$5,566$0$0$5,566
MEALS AND ENTERTAINMENT$6,824$0$0$6,824
INSURANCE$7,176$0$0$7,176
RETREAT SUPPLIES$9,472$0$0$9,472
RETREAT MEALS$10,230$0$0$10,230
TELEPHONE AND CONFERENCE CALLS$14,560$0$0$14,560
ADVERTISING EXPENSE$19,963$0$0$19,963
COMPUTER EXPENSE$31,174$0$0$31,174

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
RETREAT INCOME$39,623$39,623
SERVICE FEE INCOME$161,019$161,019

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescPRIOR PERIOD ADJUSTMENTDesc
Amt$32,837Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTING FEES$84,988$0$0$84,988
PROFESSIONAL SERVICES$156,253$0$0$156,253

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$5,303Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$5,303DisbursementsCharitablePrpsAmt

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