NonprofitsPema Chodron Foundation

Religion-Related

Pema Chodron Foundation

STEAMBOAT SPRINGS, CO

Total revenue

$1.1M

Total expenses

$1.9M

Net assets

$6.0M

Grants received

$254K

24 grants

EIN

205958865

Tax year

2024

Mission

Support and encouragement of Buddhist monasticism and the Buddhist tradition world-wide, and to manifest the Buddhist vision by providing support and assistance to community-based organizations that serve marginalized populations.

Programs

3 programs

Drala Mountain Center is located on 600 acres in a mountain valley in Northern Colorado which has hosted Buddhist and other contemplative retreats snce 1971. In 2024 the Foundation granted $300,000 to help pay down a distressed loan for the center, subsidized scholarships for a youth retreat, and donated to its operating funds.

Expenses: $394KGrants: $375K

Gampo Abbey is a Buddhist monastery founded in 1983 in Cape Breton, Nova Scotia, Canada. Grant funds will supplement the Abbey's income to support operations and individual monastics in the pursuit of their spiritual studies and meditation practice. The Abbey provides annual financial reports. One of the Foundation's Board members visits the Abbey annually to confirm progress.

Expenses: $293KGrants: $279K

Mangala Shri Bhuti is a Buddhist meditation retreat center located in Crestone, Colorado which provides retreat space and facilities for Buddhist practitioners to meet, receive teachings, and participate in religious ceremonies. Mangala Shri Bhuti provides regular reports on its activities, and during the year the facilities are visited by a Board member.

Expenses: $210KGrants: $200K

Financials

FY 2024

Revenue

Contributions & grants$486K
Program service revenue$460K
Investment income$160K
Other revenue
Total revenue$1.1M

Expenses

Grants paid$1.7M
Salaries & benefits$138K
Fundraising$36K
Other expenses$45K
Total expenses$1.9M
Total assets$6.3M
Net assets$6.0M

People

7 listed

NameRoleCompensation

Glenna Olmsted

Foundation Mgr.

Board

$41K

30 hrs/wk

Martha Kirkman

Secretary

Board

$26K

20 hrs/wk

Timothy Olmsted

President

Board

$17K

10 hrs/wk

Marjorie Rodgers

Vice President

Board

$16K

14 hrs/wk

Arvo Fallon

Director

Board

$11K

10 hrs/wk

Cathryn Mayer

Treasurer

Board

$7K

6 hrs/wk

Pema Chodron

Chairman

Board

$5K

4 hrs/wk

Grants received

Showing 24 of 24

FromAmountPurposeYear
$71K
RELIGION RELATED
2023
$5K
GENERAL SUPPORT FOR CHARITY'S PURPOSE
2023
$5K
BOOK INITIATIVE PROGRAM
2023
$500
UNRESTRICTED
2023
$30K
RESTRICTED SUPPORT
2022
$4K
BOOK INITIATIVE
2022
$500
UNRESTRICTED
2022
$56K
For recipient's exempt purpose
2021
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021
$4K
BOOK INITIATIVE
2021
$1K
BOOK INITIATIVE PROGRAM
2021
$15K
For grant recipient's exempt purposes
2020
$8K
BOOK INITIATIVE PROGRAM
2020
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$2K
GENERAL SUPPORT
2020
$500
UNRESTRICTED
2020
$9K
For grant recipient's exempt purposes
2019
$12K
For grant recipient's exempt purposes
2018
$8K
BOOK INITIATIVE PROGRAM
2018
$2K
GENERAL SUPPORT
2018

Funded by

$254K from 9 funders · 24 grants · 2018–2023

Vanguard Charitable Endowment Program

$62K · 2 grants · 2020–2021

Fidelity Investments Charitable Gift Fund

$50K · 5 grants · 2018–2021

The Owsley Brown Iii Philanthropic

$30K · 1 grant · 2022

Oliver & Jennie Donaldson Char

$17K · 3 grants · 2018–2021

The Iv Fund

$16K · 5 grants · 2018–2023

Patricia Bragg Foundation

$5K · 1 grant · 2023

Newton Family Fund

$2K · 3 grants · 2020–2023

Details

EIN205958865
NTEE codeX50
Subsection03
Ruling date2007-11
Formed2006
Employees7
Volunteers5
PEMA CHODRON FOUNDATION — Mission, Financials & Grants Received | Grantivo