EIN 04-3196447

Maharishi Foundation USA

IRS 501(c) type
501(c)(3)
Num. employees
143
City
Fairfield
State
Year formed
1993
Most recent tax filings
2023-12-01
Description
Maharishi Foundation USA is a educational organization whose purpose is to administer and supervise the teaching of transcendental meditation program and its advanced programs throughout the United States.
Related structure
Maharishi Foundation USA is a parent organization to a group of 3 other organizations.
Also known as...
Maharishi Vedic Education Development Corporation
Total revenues
$14,393,869
2023
Total expenses
$14,780,812
2023
Total assets
$15,436,117
2023
Num. employees
143
2023

Program areas at Maharishi Foundation USA

Teaching Transcendental Meditation to 16,640 people throughout the United States in venues open to the general public. Transcendental Meditation and Consciousness Based Education was taught to 2,189 students, 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. Participants of 1,676 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.
Average of 40 practioners of the TM-Sidhis techniques, participating in daily assemblies of group coherence creating programs. Grant funding is included in the program.
In-Residence program for Maharishi Vedic Experts funded by donations. Additionally, In-Residence program for an average of 65 practioners of the TM-Sidhis, participating in group coherence creating programs.

Grants made by Maharishi Foundation USA

GranteeGrant descriptionAmount
Maharishi Foundation USAGeneral Support$467,000
Raam Raj FoundationGeneral Support$164,080
Maharishi International University (MUM)General Support$56,300
...and 1 more grant made

Who funds Maharishi Foundation USA

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Maharishi Foundation USAGeneral Support$467,000
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$180,000
Maharishi International University (MUM)Consc.-Based Educati$164,551
...and 12 more grants received

Personnel at Maharishi Foundation USA

NameTitleCompensation
John HagelinExecutive Director$78,000
Leonard HintzDirector and Chief Operating Officer$72,000
Gary KorfChief Financial Officer and Treasurer$41,700
Scott WalkerChief Administrative Officer$0
Michael LackmanCto$38,400
...and 4 more key personnel

Financials for Maharishi Foundation USA

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,587,548
Program services$12,161,336
Investment income and dividends$185,224
Tax-exempt bond proceeds$0
Royalty revenue$846
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$458,915
Total revenues$14,393,869

Form 990s for Maharishi Foundation USA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-30990View PDF
2022-122023-10-03990View PDF
2021-122022-10-18990View PDF
2020-122021-07-27990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s
Data update history
October 23, 2024
Received grants
Identified 2 new grant, including a grant for $2,600 from Schwartz Family Foundation / Schwartz Eric Et Al Ttee
July 15, 2024
Received grants
Identified 5 new grant, including a grant for $164,551 from Maharishi International University (MUM)
April 4, 2024
Used new vendors
Identified 1 new vendor, including
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Verizon Foundation
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Operates internationallyNational levelManagement and technical assistanceCommunity engagement / volunteeringTax deductible donations
General information
Address
PO Box 670
Fairfield, IA 52556
County
Jefferson County, IA
Phone
(641) 472-5191
IRS details
EIN
04-3196447
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B02: Education Management and Technical Assistance
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Parent of group exemption
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0231667
FTB Entity ID
2573809
AB 488 data last updated ("as-of") date
2024-11-20
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