Tibet Fund Inc

What it reported doing in 2024

Health care - tibet fund was able to support health care programs and services within tibetan communities in india and nepal with the funding received from USAID and the u.s. Department of state bureau of population, refugee, and migration. These communities are confronted with several diverse and unique challenges that have the potential to fragment the long-established settlement life, thereby threatening the long-term sustainability of the tibetan culture and identity itself. Increasing demographic and overseas migration trends, scattered communities, inadequate employment opportunities lack of income-generating activities, and lack of alternative source of livelihood in the settlements have all given way to a new set of challenging scenarios in the exiled tibetan community. The tibet fund prioritizes strategic development programs that are aimed at revitalizing the tibetan settlements and empowering the tibetan community as a whole. In addition to alleviating poverty and deprivation through funding and programmatic support from the us government and our donors, we work to facilitate economic self-sufficiency through initiatives that promote entrepreneurship small enterprise development, employment, and job competitiveness for unemployed youth. We also support local grassroots tibetan NGO and civil society organizations to address local community priorities and also to reinforce their effectiveness in delivering socio-economic and welfare services.

Financial Efficiency

• Mission deployment rate: 71.3%; rating input score 71
• Program expense ratio: 93.8%; rating input score 94
• Fundraising efficiency: $176.08 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 2 of 8 controls in place; rating input score 25
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Pass
  • May require repayment: Fail
• Grant itemization coverage: 98.1%; rating input score 98; 29th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.6%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 1.1; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
• Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 7% per year; rating input score 100; 56th percentile among comparable filings
• Revenue growth: 7.5% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 3.8% per year; rating input score 100; 28th percentile among comparable filings