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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.5M
+5.8% YoY
Revenue
$537K
+11.1% YoY
Net Investment Income
$537K
+11.1% YoY
Expenses
$13K
-95.1% YoY
About Palpung Foundation
Based on IRS filings
Palpung Foundation is a nonprofit organization focused on Religion Related, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.5M in total assets. Net investment income was $537K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,493,706 | $8,969,524 | $8,748,022 |
| Revenue | $536,972 | $483,207 | $333,993 |
| Expenses | $12,789 | $261,705 | $60,076 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $536,972 | $483,207 | $333,993 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STANLEY WANG | DIRECTOR | 1 | — |
| HE TAI SITU RINPOCHE | CEO | 5 | — |
| FRANNY WANG | CFO & SECRETARY | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Palpung Foundation?
Palpung Foundation is a nonprofit organization focused on Religion Related, based in LOS ALTOS, CA. It holds $9.5M in total assets as of 2024.
How large is Palpung Foundation?
As of 2024, Palpung Foundation holds $9.5M in total assets with $537K in annual revenue.
Where does Palpung Foundation operate?
Palpung Foundation has awarded grants in California.
What is Palpung Foundation's EIN?
Palpung Foundation's EIN (Employer Identification Number) is 26-1788601. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Palpung Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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