Tsadra Foundation is a privately funded nonprofit trust established in New York City in 2000. Based at 70A Greenwich Avenue in New York, NY, the foundation operates as a 501(c)(3) private grantmaking foundation dedicated to advancing the combined study and practice of Tibetan Buddhism in the Western world.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+153.1% YoY
Annual Giving
$1.4M
-0.6% YoY
Grant Count
65
-4.4% YoY
Avg Grant Size
$21K
+4.0% YoY
Mission & Focus Areas
Tsadra Foundation envisions a flourishing community of Western scholar-practitioners who are fully trained in the traditions of Tibetan Buddhism. Grounded in wisdom and compassion, the foundation aims to contribute to the ongoing development of wisdom and compassion in Western minds by advancing the combined study and practice of Tibetan Buddhism.
The foundation operates through four primary program areas:
- Contemplation Program: Supports training for individuals in both solitary and group retreat, utilizing traditional Buddhist contemplative and meditative techniques
- Translation Program: Transmits Buddhist wisdom through translations of important Buddhist texts and commentaries
- Buddhist Higher Education Program: Funds in-depth study of Buddhist philosophy for proficient Western Buddhists
- Publication Program: Supports the publication of Buddhist materials
The foundation also administers scholarship initiatives including Advanced Studies Scholarships and Advanced Contemplative Scholarships for qualified individuals committed to the study and practice of Tibetan Buddhism.
Grantmaking
Tsadra Foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$38,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and individuals in New York, California, and Massachusetts, with some international activity related to Tibetan Buddhist institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Revenue: $3,476,404
- Expenses: $2,846,550
- Total Assets: $1.06 million
- Total Liabilities: $13,000
2023:
- Total Assets: $419,075
- Total Revenues: $2,800,695
- Total Expenses: $3,045,269
2022:
- Total Assets: $663,000
The foundation maintains a giving rate exceeding 100% of assets, indicating it distributes more annually than its asset base.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,060,731 | $419,075 | $663,424 |
| Revenue | $3,476,404 | $2,800,695 | $701,150 |
| Expenses | $2,846,555 | $3,045,269 | $2,925,282 |
| Qualifying Distributions | $2,841,770 | $3,041,084 | $2,922,086 |
| Net Investment Income | $1,371 | $1,369 | $934 |
| Distributable Amount | $30,647 | $27,004 | $74,340 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Eric Colombel serves as founder and president of Tsadra Foundation, overseeing the foundation's strategic direction and evolution.
Marcus Perman serves as Executive Director.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC COLOMBEL | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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