Maharishi Foundation Usa Inc

Maharishi Foundation Usa Inc Overview

Maharishi Foundation Usa Inc is located in Fairfield, IA. The organization was established in 1993. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2020, Maharishi Foundation USA Inc employed 188 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 12/2020, Maharishi Foundation USA Inc generated $14.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $12.7m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Maharishi Foundation USA Inc has awarded 32 individual grants totaling $3,434,505. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE ATTACHMENT 1

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEACHING TRANSCENDENTAL MEDITATION TO 29,805 PEOPLE THROUGHOUT THE UNITED STATES IN VENUES OPEN TO THE GENERAL PUBLIC. TRANSCENDENTAL MEDITATION AND CONSCIOUSNESS BASED EDUCATION WAS TAUGHT TO 3,504 STUDENTS, AGES 14-18 IN PUBLIC AND PRIVATE SCHOOL SETTINGS. IT ALSO WAS TAUGHT TO VETERANS AND OTHERS WITH PTSD. GRANT FUNDING WAS INCLUDED IN THE EXPENSES OF THIS PROGRAM TO ACCOMMODATE MORE INDIVIDUALS. 1,849 PARTICIPANTS ENROLLED IN THE ADVANCED PROGRAMS OF TRANCENDENTAL MEDITATION. THE PROGRAM WAS PREDOMINANTLY TAUGHT BY TRAVELING EXPERT FACULTY WHO VISITED CITIES ALL OVER THE U.S.


IN-RESIDENCE PROGRAM FOR MAHARISHI VEDIC EXPERTS FUNDED BY DONATIONS. ADDITIONALLY, IN-RESIDENCE PROGRAM FOR AN AVERAGE OF 80 PRACTITIONER OF THE TM-SIDHIS, PARTICIPATING IN GROUP COHERENCE CREATING PROGRAMS.


AVERAGE OF 90 PRACTIONERS OF THE TM-SIDHIS TECHNIQUES, PARTICIPATING IN DAILY ASSEMBLIES OF GROUP COHERENCE CREATING PROGRAMS. GRANT FUNDING IS INCLUDED IN THE PROGRAM.


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Maharishi Foundation Usa Inc Board, Officers & Key Employees

Name (title)Compensation
Dr John Hagelin
CEO & Director
$78,000
Gary Korf
CFO & Treasurer
$70,200
Leonard Hintz
Director
$60,000
Scott Walker
Cao
$42,000
Dr Bevan G Morris
President & Director
$0
Tom Factor
Director
$0

Maharishi Foundation Usa Inc Vendors

Vendor Name (Service)Compensation
Laurina Carroll
Education
$144,418
Michael May
Instructor
$139,126
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,041,600
All other contributions, gifts, grants, and similar amounts not included above$3,267,233
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,308,833
Total Program Service Revenue$9,970,845
Investment income $9,039
Tax Exempt Bond Proceeds $0
Royalties $200,529
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,805,981

Maharishi Foundation Usa Inc Grants Awarded

Over the last fiscal year, Maharishi Foundation Usa Inc has awarded $457,438 in support to 5 organizations.

Grant RecipientAmount

MAHARISHI INTERNATIONAL UNIVERSITY

Org PageRecipient Profile

Fairfield, IA

PURPOSE: EDUCATIONAL SUPPORT

$250,000

CENTER FOR WELLNESS & ACHIEVEMENT IN EDUCATION

Org PageRecipient Profile

Saratoga, CA

PURPOSE: GENERAL SUPPORT

$109,750

MAHARISHI SCHOOL OF AGE OF ENLIGHTENMENT

Org PageRecipient Profile

Fairfield, IA

PURPOSE: GENERAL SUPPORT

$58,000

RAAM RAJ FOUNDATION

Org PageRecipient Profile

Fairfield, IA

PURPOSE: general support

$34,000

MAHARISHI WORLD PEACE VEDIC ORGANICS

Org PageRecipient Profile

Maharishi Vedic City, IA

PURPOSE: GENERAL SUPPORT

$5,688
View Grant Profile

Maharishi Foundation Usa Inc Grants Recieved

Over the last fiscal year, we have identified 1 grants that Maharishi Foundation Usa Inc has recieved totaling $10,892.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,892
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$838,528
Net Contributions$1,022,697
Other Expense$1,321,977
Ending Balance$539,248

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