EIN 04-3196447

Maharishi Foundation USA

IRS 501(c) type
501(c)(3)
Num. employees
146
City
Fairfield
State
Year formed
1993
Most recent tax filings
2022-12-01
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
$16,591,088
2022
Total expenses
$14,933,322
2022
Total assets
$15,761,689
2022
Num. employees
146
2022

Program areas at Maharishi Foundation USA

Teaching Transcendental Meditation to 17,113 people throughout the United States in venues open to the general public. Transcendental Meditation and Consciousness Based Education was taught to 1,852 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. 1,333 participants 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 practitioners 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 practitioners of the TM-Sidhis, participating in group coherence creating programs.

Grants made by Maharishi Foundation USA

GranteeGrant descriptionAmount
Maharishi Foundation USAGeneral Support$500,000
Maharishi International University (MUM)Educational Support$486,000
Raam Raj FoundationGeneral Support$76,500
...and 3 more grants made

Who funds Maharishi Foundation USA

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Maharishi Foundation USAGeneral Support$500,000
Maharishi International University (MUM)Consc.-Based Educati$266,589
Goldman Sachs Philanthropy Fund (GSPF)Community & Human Services$180,000
...and 12 more grants received

Personnel at Maharishi Foundation USA

NameTitleCompensation
John HagelinExecutive Director$73,000
Gary KorfChief Financial Officer and Treasurer$70,200
Scott WalkerChief Administrative Officer$0
Michael LackmanCto$63,400
Bevan G MorrisPresident and Director$0
...and 4 more key personnel

Financials for Maharishi Foundation USA

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,250,749
Program services$11,909,500
Investment income and dividends$22,170
Tax-exempt bond proceeds$0
Royalty revenue$1,019
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$407,650
Total revenues$16,591,088

Form 990s for Maharishi Foundation USA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-03990View PDF
2021-122022-10-18990View PDF
2020-122021-07-27990View PDF
2019-122021-02-17990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s
Data update history
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
November 26, 2023
Used new vendors
Identified 1 new vendor, including
November 26, 2023
Received grants
Identified 2 new grant, including a grant for $500,000 from Maharishi Foundation USA
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
National levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringTax deductible donations
General information
Address
PO Box 670
Fairfield, IA 52556
County
Jefferson County, IA
Website URL
maharishi.foundation/ 
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
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