BBB Wise Giving Report for
Prem Rawat Foundation

BBB Wise Giving Report issued April 2011
BBB Wise Giving Report expires April 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Prem Rawat Foundation
Address: 1223 Wilshire Boulevard, Suite 914
  Santa Monica, CA 90403
Phone: 310-392-5700
Web Address: www.tprf.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2001, California
Affiliates: None
Stated Purpose: "to promote Prem Rawat’s message of peace and his vision of addressing fundamental human needs so that people everywhere can live with dignity, peace and prosperity."

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Evaluation Conclusions

               

Prem Rawat Foundation (PRF) meets the 20 Standards for Charity Accountability.
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Programs

               

TPRF promotes Prem Rawat's message of peace through special events. The organization also sponsors and supports events where Prem Rawat speaks. TPRF provides humanitarian relief in the form of food, water, and eye care to those in need, including survivors of disasters. Countries served include India, Indonesia, Pakistan, Ivory Coast, Niger, Guatemala, Mexico, and Ghana.

For the year ended December 31, 2009, TPRF's program expenses were:

  
Message of peace 1,215,398
Humanitarian projects 704,063
Public event costs 296,174
Total Program Expenses: $2,215,635
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Governance

               

Chief Executive : Linda Pascotto, President
Compensation*:
 $

Highest Paid Executive: Mary Wishard, Media and Communications Manager
Compensation*: $53,000

Chair of the Board: Linda Pascotto
Chair's Profession / Business Affiliation: Philanthropist

Board Size: 5

Paid Staff Size: 2

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. The organization reports that its president is not paid.
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Fund Raising

               

Method(s) Used:

Special events, Internet appeals, and membership appeals.
Fund raising costs were 8% of related contributions. (Related contributions, which totaled $1,819,227, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on TPRF's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Contributions 1,819,227
Public events 457,354
Special message events 169,795
Sales revenues 22,165
Interest income 12,140
Total Income $2,480,681


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Uses of Funds as a % of Total Expenses

Programs: 88%  Fund Raising: 6%  Administrative: 6% 

Total income   $2,480,681
  Program expenses $2,215,635
  Fund raising expenses 146,608
  Administrative expenses 157,087
 
Total expenses   $2,519,330
Expenses in Excess of Income   (38,649)
Beginning net assets   1,078,208
Ending net assets   1,039,559
Total liabilities   16,346
Total assets   $1,055,905


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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