Public Charity

PALPUNG FOUNDATION

PALPUNG FOUNDATION, of LOS ALTOS, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $537K in revenue, $13K in expenses, $9.5M in total assets. IRS filings disclose 4 grants awarded by this foundation, totaling roughly $4.2M.

EIN: 261788601 LOS ALTOS, CA Latest filing: 2024
Total Revenue$537K
Total Expenses$13K
Total Assets$9.5M
Grants Given4
Grant Total$4.2M
Filing Years2019–2024

Mission

THE FOUNDATION IS SET UP AS A TYPE I SUPPORTING ORGANIZATION EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF BUDDHIST TEMPLE - PALPUNG LUNGTOK CHOELING, WHICH IS A TAX-EXEMPT RELIGIOUS CHARITY IN THE USA.

Sample Grants Given

PALPUNG LONGTUK CHOELING
SAN JOSE, CA · 2023
FINANCIAL SUPPORT - BUDDHIST TEMPLE
$250,000
PALPUNG LONGTUK CHOELING
SAN JOSE, CA · 2022
FINANCIAL SUPPORT - BUDDHIST TEMPLE
$50,000
PALPUNG LONGTUK CHOELING
SAN JOSE, CA · 2020
FINANCIAL SUPPORT - BUDDHIST TEMPLE
$3,750,000
PALPUNG LONGTUK CHOELING
SAN JOSE, CA · 2018
FINANCIAL SUPPORT - BUDDHIST TEMPLE
$143,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

CFO & SECRETARY Franny Wang
CEO He Tai Situ Rinpoche
DIRECTOR Stanley Wang

Officer compensation and complete director data available with membership.

Top Grant Purposes

FINANCIAL SUPPORT - BUDDHIST TEMPLE
$4,193,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $537K $13K $9.5M
2023 $483K $262K $9.0M
2022 $334K $60K $8.7M
2020 $386K $3.8M $8.2M
2019 $599K $10K $11.5M

Between 2019 and 2024, reported annual revenue declined from $599K to $537K (-10%), with total assets most recently reported at $9.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA.

CA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for PALPUNG FOUNDATION

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