Mission West Foundation

Tax-deductible

Irvine, CA501(c)(3)ReligionEIN 46-1676307

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Study and promotion of buddhism. To assemble a place to gather, worship and study buddhism. To arrange and organize events to promote buddhism.

501(c)(3) charity; gifts are tax-deductible.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $443K a year · 72% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
4 mo
of spending, in cash
Looks good: 3.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$14K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$184K
+17% vs prior year
Spent
$261K
Net assets
$2.7M
By yearFY2020–FY2024
Revenue
$184K
FY2024▲ +17%
Revenue by fiscal year
FY2020$2.1M
FY2021$382K
FY2022$225K
FY2023$157K
FY2024$184K
Expenses
$261K
FY2024▲ +123%
Expenses by fiscal year
FY2020$215K
FY2021$121K
FY2022$159K
FY2023$117K
FY2024$261K
Net assets
$2.7M
FY2024▼ -3%
Net assets by fiscal year
FY2020$2.4M
FY2021$2.7M
FY2022$2.8M
FY2023$2.8M
FY2024$2.7M

From the FY2024 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 63% · $165K Operating & administrative 37% · $96K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2024 filing did not itemize Part VII
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mission West Foundation executive salaries →

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Programs and updates

Promote Buddhism through gatherings, worship, study, and organized events.

Provided by the organization

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1 program service account for $142K of program spending, described in the organization's own filed words · FY2020.
01

Buddhism classes and study groups, events to promote buddhism

$142Kprogram expense

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 4 grants · $165K · 2024–2024
Hoi Tu Thien Pho HienFY2024$152,500
St Jude Medical CenterFY2024$6,000
Operation Smile INCVA · FY2024$6,000
Open Arms VietnamCA · FY2024$500

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$41K
Median grantPart XV$6K
Largest grantPart XV$152K
Top cause focusNTEECrime & Legal (25%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$184K
Other income$98K
Gifts and grants$80K
Investment income$5K
Money out
$261K
Grants paid$165K
Running costs$96K
Owns and owes
$2.7M
net assets
Cash and savings$84K
Total assets$2.8M
Liabilities$14K
People
2
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$80K
Investment income$5K
Other income$98K
Total revenue$184K
Assets in detailEnd of year
Cash and savings together$84K
Total assets$2.8M
Liabilities$14K
Net assets$2.7M
Operations
Employees0
Volunteers7
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $184K$261K−$77K$2.7M 990 PDF
FY2023 $157K$117K$40K$2.8M 990 PDF
FY2022 $225K$159K$66K$2.8M 990 PDF
FY2021 $382K$121K$261K$2.7M 990 PDF
FY2020 $2.1M$215K$1.9M$2.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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