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        <ManagementAndGeneral>2157</ManagementAndGeneral>
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        <Description>BOARD EXPENSE</Description>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>2945</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <OtherExpenses>
        <Description>MEMBERSHIPS</Description>
        <Total>3464</Total>
        <ProgramServices>1450</ProgramServices>
        <ManagementAndGeneral>1981</ManagementAndGeneral>
        <Fundraising>33</Fundraising>
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      <AllOtherExpenses>
        <Total>50277</Total>
        <ProgramServices>24977</ProgramServices>
        <ManagementAndGeneral>24904</ManagementAndGeneral>
        <Fundraising>396</Fundraising>
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      <TotalFunctionalExpenses>
        <Total>1066414</Total>
        <ProgramServices>813836</ProgramServices>
        <ManagementAndGeneral>200738</ManagementAndGeneral>
        <Fundraising>51840</Fundraising>
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      <SavingsAndTempCashInvestments>
        <BOY>121575</BOY>
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      <AccountsReceivable>
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        <EOY>14167</EOY>
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      <PrepaidExpensesDeferredCharges>
        <BOY>4961</BOY>
        <EOY>5273</EOY>
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      <LandBuildingsEquipmentBasis>790890</LandBuildingsEquipmentBasis>
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      <LandBuildingsEquipmentBasisNet>
        <BOY>619237</BOY>
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      <InvestmentsPubTradedSecurities>
        <BOY>2426270</BOY>
        <EOY>2748457</EOY>
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        <BOY>15283</BOY>
        <EOY>15283</EOY>
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      <TotalAssets>
        <BOY>3187627</BOY>
        <EOY>3527617</EOY>
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      <AccountsPayableAccruedExpenses>
        <BOY>43161</BOY>
        <EOY>36805</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <EOY>350</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>43161</BOY>
        <EOY>37155</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>1079568</BOY>
        <EOY>1195796</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>37429</BOY>
        <EOY>37305</EOY>
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      <PermanentlyRestrictedNetAssets>
        <BOY>2027469</BOY>
        <EOY>2257361</EOY>
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      <TotalNetAssetsFundBalances>
        <BOY>3144466</BOY>
        <EOY>3490462</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>3187627</BOY>
        <EOY>3527617</EOY>
      </TotalLiabNetAssetsFundBalances>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="09000048">
      <School170b1Aii>X</School170b1Aii>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <PublicSupportTotal509>0</PublicSupportTotal509>
      <PublicSupportPercentage509>0</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
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    <IRS990ScheduleD documentId="00000004" softwareId="09000048">
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        <BeginningOfYearBalance>2027469</BeginningOfYearBalance>
        <Contributions>176217</Contributions>
        <InvestmentEarningsOrLosses>170069</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>12066</GrantsOrScholarships>
        <OtherExpenditures>74173</OtherExpenditures>
        <AdministrativeExpenses>30155</AdministrativeExpenses>
        <EndOfYearBalance>2257361</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>1980483</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>120298</InvestmentEarningsOrLosses>
        <OtherExpenditures>73312</OtherExpenditures>
        <EndOfYearBalance>2027469</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <Land>
        <OtherCostOrOtherBasis>60000</OtherCostOrOtherBasis>
        <BookValue>60000</BookValue>
      </Land>
      <Buildings>
        <OtherCostOrOtherBasis>617204</OtherCostOrOtherBasis>
        <Depreciation>105830</Depreciation>
        <BookValue>511374</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>106480</OtherCostOrOtherBasis>
        <Depreciation>86190</Depreciation>
        <BookValue>20290</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>7206</OtherCostOrOtherBasis>
        <Depreciation>360</Depreciation>
        <BookValue>6846</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>598510</TotalOfBookValueLandBuildings>
      <TotalRevenue>1351526</TotalRevenue>
      <TotalExpenses>1066414</TotalExpenses>
      <ExcessOrDeficitForYear>285112</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>60884</NetUnrealizedGLOnInvestments>
      <DonatedServicesAndFacilities>387350</DonatedServicesAndFacilities>
      <TotalAdjustments>448234</TotalAdjustments>
      <ExcessOrDeficitPerFS>733346</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>1760570</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>60884</NetUnrealizedGainsInvestments>
      <DonatedSrvcAndUseOfFacilities>387350</DonatedSrvcAndUseOfFacilities>
      <OtherRevenues>-39190</OtherRevenues>
      <RevenueNotRptdF990>409044</RevenueNotRptdF990>
      <RevenueSubtotal>1351526</RevenueSubtotal>
      <TotalRevenuePerForm990>1351526</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>1414574</TotExpensesEtcAuditedFinclStmt>
      <DonatedServicesUseOfFacilities>387350</DonatedServicesUseOfFacilities>
      <ExpensesNotRptdF990>387350</ExpensesNotRptdF990>
      <ExpensesSubtotal>1027224</ExpensesSubtotal>
      <OtherExpensesNotIncluded>39190</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>39190</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>1066414</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Pt XII Line 2d</Identifier>
        <Explanation>SCHOLARSHIP EXPENSE</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Pt XIII Line 4b</Identifier>
        <Explanation>SCHOLARSHIP EXPENSE</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Pt X</Identifier>
        <Explanation>Accounting standards require the tax effects of certain tax positions to be recognized. These tax positions must meet a "more likely than not" standard that based on their technical merit have more than 50% likelihood of being sustained upon IRS examination. Management estimates that there are no uncertain tax</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>Pt X</Identifier>
        <Explanation>positions as of June 30, 2010.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000005" softwareId="09000048">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <PubViaBroadcastMediaExpln>OUR NONDISCRIMINATION POLICY IS POSTED IN THE MAIN HALL OF THE SCHOOL BUILDING. IT IS ALSO PRINTED IN THE STUDENT CATALOGUE AND ON THE BACK OF THE INTRODUCTORY BROCHURE.</PubViaBroadcastMediaExpln>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="00000006" softwareId="09000048">
      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SONGEUN SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>17</NumberOfRecipients>
        <AmountOfNonCashAssistance>27694</AmountOfNonCashAssistance>
        <MethodOfValuation>FMV</MethodOfValuation>
        <DescriptionOfNonCashAssistance>SCHOLARSHIP</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SONGDUK SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>2</NumberOfRecipients>
        <AmountOfNonCashAssistance>11496</AmountOfNonCashAssistance>
        <MethodOfValuation>FMV</MethodOfValuation>
        <DescriptionOfNonCashAssistance>SCHOLARSHIP</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Pt I Line 2</Identifier>
        <Explanation>SCHOLARSHIP APPROVAL AND DOCUMENTATION IS MAINTAINED IN THE FINANCIAL AID OFFICE.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="00000007" softwareId="09000048">
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11A</Identifier>
        <Explanation>THE BOARD OF TRUSTEES REVIEWS THE FORM 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>THE MEMBERS OF THE BOARD OF TRUSTEES REVIEWS THE CONFLICT</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>OF INTEREST POLICY ANNUALLY. EACH MEMBER IS REQUESTED TO</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>SIGN A FORM INDICATING IF THERE ARE ANY CONFLICTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 15</Identifier>
        <Explanation>THE BOARD CONSIDERS SALARY SURVEYS OF OTHER COMPARABLE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 15</Identifier>
        <Explanation>NON-PROFIT ENTITIES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>THE INSTITUTE WILL MAKE THE DOCUMENTS AVAILABLE UPON</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>WRITTEN REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt XI, Line 2c</Identifier>
        <Explanation>THE FINANCE COMMITTEE REVIEWS AND ACCEPTS THE AUDIT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>THE TREASURER AND TRUSTEE, BOKHYAE KOH AND THE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>ACADEMIC DEAN, BOKIM KIM ARE SISTERS. BOKHYAE KOH,</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>TREASURER AND TRUSTEE, AND SOCUE KOH, TRUSTEE, ARE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>HUSBAND AND WIFE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>ANNUALLY, MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>TO DISCLOSE CONFLICTS OF INTEREST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>WON BUDDISM OF PHILADELPHIA</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>423 ABINGTON AVENUE</AddressLine1>
          <City>ABINGTON</City>
          <State>PA</State>
          <ZIPCode>19001</ZIPCode>
        </AddressUS>
        <EIN>232443526</EIN>
        <PrimaryActivities>BUDDIST TEMPLE</PrimaryActivities>
        <LegalDomicileState>PA</LegalDomicileState>
        <ExemptCodeSection>501c3</ExemptCodeSection>
        <DirectControllingEntityName>
          <BusinessNameLine1>NO</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>true</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>WON BUDDISM OF PHILADELPHIA - 99 YEAR 1 LEASE FOR BUILDING AND LAND</BusinessNameLine1>
        </NameOfOtherOrganization>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>OCCUPIED BY WON INSTITUTE OF GRADUATE STUDIES</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>j</TransactionType>
        <AmountInvolved>1</AmountInvolved>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>