Khyentse Foundation

“Prior to filing, a copy of the 990 is uploaded to a web-based project management site called basecamp, where it is available to all boardmembers for review.”

“The executive and the treasurer consistently monitor the recipients of expenditures for any conflict of interest. The board annually reviews whether any conflict of interest has occurred.”

“A summary of the financial statements is included in the annual report which is posted to the kf website. The website mentions that the fully audited statements are available on request. Other governing documents and policies are available on request as well.”

“Khyentse foundation is a nonprofit organization incorporated in the state of washington, in november 2001. Khyentse foundation is dedicated to the support and enhancement of buddhist study, practice and scholarship throughout the world. Founded by dzongsar khyentse rinpoche, its primary aim is to extend the buddha's wisdom and compassion as widely as possible, in order to benefit all beings. Similarly, this mission to preserve, translate, and make freely available the primary teachings of all buddhist lineages is completely non-sectarian in its approach. To date, the foundation has initiated or contributed to numerous projects in thirty countries, directly impacting the lives of thousands of people. These projects include the founding of the chair of buddhist studies at the university of california at berkeley; the digitization of tibetan buddhist scriptures in the u.s. And europe; the funding of traditional monastic colleges in asia; and a worldwide scholarship program, open to both lay and monastic applicants. Khyentse foundation also played a pivotal role in establishing 84000: translating the words of the buddha - another nonprofit organization whose visionary, 100-year mission is to translate the entire canon of buddhist teachings to modern languages. While maintaining a global focus, khyentse foundation remains a grassroots organization, operated by an almost all-volunteer staff and supported by hundreds of donors, many of whom give just a few dollars each month. Like drops of water making up an ocean, the foundation and its donors combine to support thousands of practitioners, sutdents, and monastics, thereby reestablishing the age-old tradition of buddhist patronage for contemporary times. In its second decade, the khyentse foundation expects to significantly expand the scope and scale of its activities. Special emphasis is made on two major activity areas which form the framework of khyentse foundation's system of patronage to support buddhist study and practice: nurturing the source (monastic education, text preservation, revitalize traditions, translations) and training for the future (scholarships, leadership & teacher training, education programs, academia development).”

“The organization uses modified cash accounting method”

“The process has not changed from the prior year.”