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MAHAKARUNA FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MAHAKARUNA FOUNDATION (EIN 93-0845103)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202523189349204722
Schema version
2024v5.0
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)
Return2025-11-14T15:46:35-07:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN930845103EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAHAKARUNA FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAHABusinessNameControlTxt
Phone7076325629PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 83AddressLine1Txt
CityCazaderoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95421ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDave PicciottoPersonNm
Person TitleTreasurerPersonTitleTxt
Phone7076325629PhoneNum
Signature2025-11-13SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addresswww.mahakaruna.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$118,731GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$108,322ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$10,409InvestmentIncomeAmt
Sale Of Assets Gross$0SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$0SpecialEventsNetIncomeLossAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Other Revenue Total$0OtherRevenueTotalAmt
Total Revenue$118,731TotalRevenueAmt
Grants And Similar Amounts Paid$146,940GrantsAndSimilarAmountsPaidAmt
Benefits Paid To Or For Members$0BenefitsPaidToOrForMembersAmt
Salaries Other Comp Empl Bnft$0SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$2,004FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$0OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$346PrintingPublicationsPostageAmt
Other Expenses Total$14,675OtherExpensesTotalAmt
Total Expenses$163,965TotalExpensesAmt
Excess Or Deficit For Year-$45,234ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$243,428NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$198,194NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$268,428BOYAmt
EOY$198,194EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$268,428BOYAmt
EOY$198,194EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$243,428BOYAmt
EOY$198,194EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeThe organization's primary exempt purpose is to provide service to the refugee and destitute peoples of Buddhist countries, to preserve Buddhist teachings and the cultural/religious heritage of those who follow the teachings.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (9 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtForeign GrantsForeignGrantsIndProgram Service ExpensesProgramServiceExpensesAmt
Support for the education, training, housing, medical and physical care, and food for Buddhist teachers/practitioners.$52,657Yes (X)$52,657
Provided funds to assist with the reconstruction and repair of a monastery that was severely damaged by fire$27,173Yes (X)$27,173
Provided support for Buddhist education programs in Asia$22,696Yes (X)$22,696
Akshobhya meditation practice and mantra recitation by monastics holding vows of poverty was done for 165 beings, and 60 sacred images of the Buddha Akshobhya were created.$17,837Yes (X)$17,837
Provided funds for monastics holding vows of poverty to conduct religious ceremonies on behalf of all beings.$11,655Yes (X)$11,655
The lives of 57 yaks were ransomed so that these animals can live out their lives in peace, while supporting nomadic families with milk and hair (they will now not be slaughtered for meat or used as beasts of burden).$5,193Yes (X)$5,193
Support for monasteries which provide housing, food, education, and other care to monastics holding vows of poverty$4,642Yes (X)$4,642
General support of monastics holding vows of poverty (food, clothing, housing)$4,088Yes (X)$4,088
Provided funds to help with the repair and reconstruction of a water system for a Himalayan community.$1,000Yes (X)$1,000
FieldValueIRS element (for citing)
Total Program Service Expenses$146,941TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Jigme Tromge
President and Director0.50$0$0$0
Jane Tromge
Vice President and Director0$0$0$0
David Picciotto
Secretary, Treasurer, and Director6$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Form1120 Pol Filed0Form1120PolFiledInd
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDavid PicciottoPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 83AddressLine1Txt
CityCazaderoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95421ZIPCd
FieldValueIRS element (for citing)
Phone7076325629PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$90,521CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77,830CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$94,167CurrentTaxYearMinus1YearAmt
Current Tax Year$108,322CurrentTaxYearAmt
Total$460,060TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,220CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$90,521CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77,830CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$94,167CurrentTaxYearMinus1YearAmt
Current Tax Year$108,322CurrentTaxYearAmt
Total$460,060TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$13,612SubstantialContributorsTotAmt
Public Support Total170$446,448PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$102CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$596CurrentTaxYearMinus1YearAmt
Current Tax Year$10,409CurrentTaxYearAmt
Total$11,163TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$471,223TotalSupportAmt
Public Support CY1700.94742PublicSupportCY170Pct
Public Support PY1700.96929PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceForm 990-EZ, Part I, Line 16FormAndLineReferenceDesc
Explanation14,541 for program expense reimbursements, 50 for annual report filing fee, 84 for post office box rentalExplanationTxt

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