2024-05-15T20:50:51-05:00 2023-06-30 851434698 THRIVE ADVISORY SOLUTIONS LLC 2191 EBENEZER RD UNIT 36983 ROCK HILL SC 29732 990 2022-07-01 133376290 THE BHUTAN FOUNDATION BHUT 2026097363 1050 CONNECTICUT AVE NW STE 66013 WASHINGTON DC 20035 TSHEWANG WANGCHUK EXECUTIVE DIRECTOR 2026097363 2024-05-15 TSHEWANG WANGCHUK XXX-XX-XXXX 0 NICHOLAS A CUNNINGHAM P02246952 8036204255 2022 2023-04-26 12:10:37Z TSHEWANG WANGCHUK 66013 1050 Connecticut Ave NW WASHINGTON DC 20035 4999142 0 X bhutanfound.org X 1986 DE THE MISSION OF THE BHUTAN FOUNDATION IS TO HELP IMPROVE THE QUALITY OF LIFE OF THE BHUTANESE PEOPLE BY ENABLING ITS CITIZENS TO PURSUE ACTIVITIES THAT BENEFIT BHUTANESE SOCIETY AND TO INCREASE AWARENESS OF BHUTAN AND ITS CULTURE IN THE UNITED STATES. 17 16 7 0 6717241 4918256 0 2796 64619 1045 16267 6721082 4999142 3533474 3748169 0 711647 807415 280 0 245282 323645 346086 4569046 4901670 2152036 97472 6119919 6019468 327037 131615 5792882 5887853 THE NBSP;MISSION NBSP;OF NBSP;THE NBSP;BHUTAN NBSP;FOUNDATION NBSP;IS NBSP;TO NBSP;HELP NBSP;IMPROVE NBSP;THE NBSP;QUALITY NBSP;OF NBSP;LIFE NBSP;OF NBSP;THE NBSP;BHUTANESE NBSP;PEOPLE NBSP;BY NBSP;ENABLING NBSP;ITS NBSP;CITIZENS NBSP;TO NBSP;PURSUE NBSP;ACTIVITIES NBSP;THAT NBSP;BENEFIT NBSP;BHUTANESE NBSP;SOCIETY NBSP;AND NBSP;TO NBSP;INCREASE NBSP;AWARENESS NBSP;OF NBSP;BHUTAN NBSP;AND NBSP;ITS NBSP;CULTURE NBSP;IN NBSP;THE NBSP;UNITED NBSP;STATES 0 0 1287840 1145072 SUSTAINABLE DEVELOPMENT - THE FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE EQUITABLE AND SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT. THIS INCLUDES PROGRAMS IN HEALTHCARE, EDUCATION, FOOD SECURITY, AND INCOME GENERATION. 1035709 1029034 THE BHUTAN FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE GOOD GOVERNANCE, PARTICULARLY TO SUPPORT THE CAPACITY BUILDING OF LOCAL NONPROFIT ORGANIZATIONS AND TO SUPPORT DEMOCRACY IN BHUTAN. 1028465 853173 THE BHUTAN FOUNDATION SUPPORTS PROGRAMS IN BHUTAN THAT PROMOTE THE PRESERVATION AND PROMOTION OF THE BHUTANESE CULTURE. OUR MOST SIGNIFICANT CULTURAL PROJECT IS THE RESTORATION AND ADAPTIVE REUSE OF THE WANGDUECHOLING PALACE 976481 720505 OTHER PROGRAM SERVICES 804641 719669 4156655 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 7 1 0 1 BT 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TSHEWANG WANGCHUK 2026097363 1050 CONNECTICUT AVE NW WASHINGTON DC 20035 TSHEWANG WANGCHUK EXECUTIVE DIRECTOR 040.00 X X 137943 0 34486 HM GYALYUM TSEYRING PEM WANGCHUK CO-CHAIRPERSON 001.00 X X 0 0 0 DAPHNE HOCH CUNNINGHAM CO-CHAIRPERSON 001.00 X X 0 0 0 LUCY GOELET SECRETARY 001.00 X X 0 0 0 BRIAN MENKES TREASURER 001.00 X X 0 0 0 WILLIAM TACON VICE CHAIRPERSON 001.00 X X 0 0 0 MICHAEL PHILIPP BOARD MEMBER 001.00 X 0 0 0 DOUGLAS W HAMILTON JR BOARD MEMBER 001.00 X 0 0 0 DAVID HULSE BOARD MEMBER 001.00 X 0 0 0 THEODORE KAPLAN BOARD MEMBER 001.00 X 0 0 0 ERIC LEMELSON BOARD MEMBER 001.00 X 0 0 0 HENRY LEWIS BOARD MEMBER 001.00 X 0 0 0 DONNA MARSHALL BOARD MEMBER 001.00 X 0 0 0 PHUNTSHO NORBU BOARD MEMBER 001.00 X 0 0 0 LISA DANZIG BOARD MEMBER 001.00 X 0 0 0 ROSEMARY PHELAN BOARD MEMBER 001.00 X 0 0 0 REBECCA WINSOR BOARD MEMBER 001.00 X 0 0 0 137943 34486 1 0 0 0 629342 4288914 4918256 64619 64619 Miscellaneous Income 16267 16267 16267 4999142 80886 0 0 384 384 3747785 3747785 149154 74577 14915 59662 454477 284443 52540 117494 18380 -1286 19666 144283 65581 29770 48932 41121 -846 41967 29868 29868 47182 46062 1120 691 119 515 57 64276 11617 42972 9687 12563 3352 3082 6129 27515 27515 76852 46241 27876 2735 63190 50466 12138 586 19370 19370 4579 4579 4901670 4328495 327893 245282 969240 1923774 4721503 3864236 178076 157560 196945 174755 101660 54155 73095 803 6119919 6019468 78823 118060 248214 13555 327037 131615 X 2932369 3568551 2860513 2319302 0 0 0 0 0 0 5792882 5887853 6119919 6019468 97472 X 0 1 X 1 0 X 3882777 4568524 4140465 6717241 4918256 24227263 3882777 4568524 4140465 6717241 4918256 24227263 6377411 17849852 7003 10520 1399 2796 64619 86337 12978 554 531 1045 35249 50357 24363957 0.7326 0.7354 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40949 20227 20722 82347 71354 10993 51459 10077 41382 73097 5501131 501989 501989 4999142 4999142 5406160 501989 2501 504490 4901670 4901670 Part XII, line 2d IMMATERIAL DIFFERENCE IN CONSULTANT COMPENSATION 1 South Asia 1 11 PROGRAM SERVICES, MANAGEMENT, FUNDRAISING ALL PROGRAMS 3519082 1 11 1 11 3519082 3519082 South Asia BHUTAN NUNS FOUN 120015 WIRE South Asia DISASTER MANAGE 38398 WIRE South Asia DRAKTSHO 9500 WIRE South Asia GREEN BHUTAN 25000 WIRE South Asia KHEDRUP FOUNDATI 143354 WIRE South Asia LODEN 5000 WIRE South Asia PHAJODING 16400 WIRE South Asia RENEW 15024 WIRE South Asia RSPN 35978 WIRE South Asia TARAYANA 75035 WIRE South Asia YANGYA FOUNDATIO 99973 WIRE South Asia YOUTH DEV FUND 21609 WIRE South Asia COLLEGE OF NATR 9269 WIRE South Asia URBAN PLANNING 52576 WIRE South Asia HSI DOG PROJECT 40041 WIRE South Asia MODERNA RESEARC 1002341 WIRE 0 0 0 0 0 0 0 Part I , Line 2 BHUTAN FOUNDATION PROVIDES GRANTS TO FOREIGN ORGANIZATIONS IN THE UNITED STATES THAT FURTHER THE MISSION OF THE FOUNDATION. GRANTS ARE GIVEN THROUGH BOARD APPROVED GRANT MAKING PROCEDURES WHICH INCLUDE A LEGAL AND BINDING GRANT AGREEMENT WITH ALL GRANTEES. THE GRANT AGREEMENT DESCRIBES THE CHARITABLE PURPOSE OF THE GRANT OBJECTIVES AND BUDGET OF APPROVED FUNDING AND EXPECTED OUTCOME. THE BHUTAN FOUNDATION HAS FULL TIME STAFF IN THE US AND BHUTAN WHO ARE RESPONSIBLE FOR THE MONITORING OF GRANT ACTIVITIES AND FOR EVALUATING THE FINANCIAL AND DESCRIPTIVE REPORTS. PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY MANAGEMENT, EXECUTIVE DIRECTOR, TREASURER, AND/OR ACCOUNTANT PRIOR TO FILING. PART VI, SECTION B, LINE 12C THE BHUTAN FOUNDATIONS CONFLICT OF INTEREST POLICY REQUIRES THAT ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES DISCLOSE ANY CONFLICTS OF INTEREST. THE FOUNDATION KEEPS A COPY OF THE CONFLICT OF INTEREST DISCLOSURES AND REQUIRES THAT ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES REVIEW AND UPDATE THE DISCLOSURE AT THE ANNUAL BOARD MEETING. PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD. THE FINANCE COMMITTEE MAKES SURE THAT PAY IS COMPETITIVE AND COMPARABLE TO OTHER NONPROFIT ORGANIZATIONS OF SIMILAR SIZE BASED IN THE WASHINGTON DC AREA BY REVIEWING THE GUIDESTAR NONPROFIT COMPENSATION AND SIMILAR REPORTS. PART VI, SECTION C, LINE 19 THE BHUTAN FOUNDATION MAKES GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES AVAILABLE UPON REQUEST. 990S ARE SHARED WITH GRANTORS, AND FINANCIAL STATEMENTS ARE PUBLISHED IN THE FOUNDATIONS ANNUAL REPORTS.