EL · PDF fileTHt DALAI LAMA TRUST 5. Fee Instructions The filing fee depends on the...

Form CHAR500

Thisform used for Article7-A;iEPTLiId dual filer

Annual Filing for Charitable OrganizationsNew York State Departmen t of Law (Office of the Attorney Genera

Charities Bureau - Registration Section120 Broadway

New York, NY 10271http,/www.ohuritioonym.oum

a. For the fiscal year beginning (mm/dd/yyyy) 04 / 01 / 2009 and ending (mm/dd/yyyy) 03 / 31 /b. Check if applicable for NYS: C. Name of organizationEl Address change THE DALAI LAMA TRUSTLI Name change

LI Final filing Number and street (or P.O. box if mail not delivered to street address)ElAmendedfiling 241 EAST 32ND STREET ______

LII NY registration pending City or town, state or country and ZIP + 4NEW YORK, NY 10016

2009

Open toPUbIicInspection

d. Fed. employer ID no. (EIN)

e. NY State registration no.

Room/suite f. Telephone number

g. Email

i(iewed this report, including all attachments, and to the best of our knowledge and belief, they aretI(ie laws ofhe State of New York applicable to this report. -

Title Date

We certify under penalties of perjury that wetrue, corre and complete in accordance vyi

b. Chief Financlal'bfflceror

ELAnnual Report Exemption Information

a. Article 7-A annual report exemption (Article 7-A registrants and dual registrants)

Check El if total contributions from NY State (including residents, foundations, corporations, government agencies, etc.) did not exceed$25,000 and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC) to solicitcontributions during this fiscal year.

NOTE: An organization may claim this exemption if no PFR or FRC was used and either: 1) it received an allocation from afederated fund, United Way or incorporated community appeal and contributions from other sources did not exceed$25,000 or 2) it received all or substantia l ly all of its contribution—sfrom one government agency to which it submitted anannual report similar to that required by Article 7-A.

b. EPT annual report exemption (EPT and dual registrantsCheck 0' if gross receipts did not exceed $25000 and assets (market value) did not exceed $25,000 at any time during this fiscal year.

For EPTL or Article 7 A registrants claiminthe annual report exemption,under the one law under which they are registered and forduaI registrants claiming the annualreport exemptibns under both laws simply complete parttl (General Information), part 2 (CertificatIon) andpart 3 (Annual Report Exemption Infdmatron) above

Do riot submit a fee 'don"otcoirnplete the following schedules and do not submit any attachments to this form

If you did not check the Article 7-A annual report exemption above, complete the following for this fiscal year:a. Did the organization use a professional fund raiser, fund raising counsel or commercial co-venturer for fund raising activity in NY State? El Yes* EII No

b. Did the organizatio moeivgovemmontomntribu@mn(gmnts)?[--

lyos L^lNo* If "Yes", complete Schedule 4b.

5 Fee Submitted See last page for sumiiiary of fee recluirements

Indicate the filing fee(s) you are submitting along with this form

6 Attachments- For oranizations that are no claiming annual report exemptions under both Ia see last page for required atachments

19684511019 CHAnsoo'uoog

v

210170201 733030 2731 2009.05030 THE DALAI LAMA TRUST 373

THt DALAI LAMA TRUST5. Fee Instructions

The filing fee depends on the organization's Registration Type. For details on Registration Type and filing fees, see the Instructions forForm CHAR500.

Organization's Registration Type Fee Instructions

• Article 7-A

• EPTL

• Dual

a) Article 7-A filing fee

Calculate the Article 7-A filing fee using the table in part a below. The EPTL filing fee is $0.

Calculate the EPTL filing fee using the table in part b below. The Article 7-A filing fee is $0.

Calculate both the Article 7-A and EPTL filing fees using the tables in parts a and b below. Add the Article 7-Aand EPTL filing fees together to calculate the total fee. Submit a single check or money order for the total fee.

Total Support & Revenue Article 7-A Fee * Any organization that contracted with or used the services of a professional fund raisermore than $250,000 $25

(PFR) or fund raising counsel (FRC) during the reporting period must pay an Article 7-A

up to $250,000 * $10

filing fee of $25, regardless of total support and revenue.

b) EPTL filing fee

6. Attachments - Document Attachment Check-List

Check the boxes for the documents you are attaching.

For All Filers

Filing Fee

® Single check or money order payable to "NYS Department of Law"

Copies of Internal Revenue Service Forms

® IRS Form 990 = IRS Form 990-EZ® All required schedules (including = All required schedules (including

Schedule B) Schedule B)IRS Form 990-T IRS Form 990-T

Additional Article 7-A Document Attachment Requirement

Independent Accountant's Report

® Audit Report (total support & revenue more than $250,000)

Review Report (total support & revenue $100,001 to $250,000)No Accountant's Report Required (total support & revenue not more than $100,000)

10194 968481 12-29-09 CHAR500 - 2009

IRS Form 990-PFAll required schedules (includingSchedule B)IRS Form 990-T

310170201 733030 2731 2009.05030 THE DALAI LAMA TRUST 2731 1

or 11 527• .,,,., ,,,,, •mm,. L_.__J T EpsL......J flU

If No,' attach a list. (see instructions)H(c) Group exemption number

domicile:Other I L Year of formation:

I Tax-exempt status:J Website: WWW.

K Form of oroanization: Trust I I Association

I]

LForm 990 Return of Organization Exempt From Income Tax OMB No. 1545-0047

2009Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lungDepartment of the Treasury benefit trust or private foundation)

,open to PubIic-Internal Revenue Service p The organization may have to use a copy of this return to satisfy state reporting requirements. iñspectionA For the 2009 calendar year, or tax year beginning APR 1, 2009 and ending MAR 31, 2010B Check it Please C Name of organization

applicable: D Employer identification numberuse IRS

Address print orlabel or

change THE DALAI LAMA TRUSTName type

Doing Business As 26-4635814X Initialreturn See Number and street (or P.O. box if mail is not delivered to street address) I Room/suite E Telephone numberTermln- Specificated Instruc- 241 EAST 32ND STREET I 212-213-5010

jArnended tions.return City or town, state or country, and ZIP + 4 G Gross receipts $ 2,245,325.figplica- FEW YORK, NY 10016 H(a) is this a group returnpending

F Name and address of principal officer:LOB SANG NYANDAX for affiliates? =Yes [XI NoSANE AS C ABOVE ufk Are all nffilitac in,.I,,dn,i') 71

0)0C(0CI-0)>0

CdLi)

a)

-a0

1 Briefly describe the organization's mission or most significant activities: SEE

2 Check this box U if the organization discontinued its operations or disposed of more than 25% of its net assets.3 Number of voting members of the governing body (Part VI, line la) .54 Number of independent voting members of the governing body (Part VI, line 1 b) ± 55 Total number of employees (Part V, line 2a) 5 06 Total number of volunteers (estimate if necessary) 57a Total gross unrelated business revenue from Part VIII, column (C), line 12

b.7a 0

Net unrelated business taxable income from Form 990-T, line 34 ............................................. .....

.................7b 0.

, 8 Contributions and grants (Part Viii, line ih) .9 Program service revenue (Part Viii, line 2g) .... .. ..........10 investment income (Part Viii, column (A), lines 3, 4, and 711 Other revenue (Part VIII, column (A), lines 5,, 6d, 8c, 9c, 10c, and lie)

- 12 Total revenue - add lines 8 through ii (must equal Part VIII, column (A), line 12)13 Grants and similar amounts paid (Part IX, column (A), lines 1-3)14 Benefits paid to or for members (Part IX, column (A), line 4)15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)16a Professional fundraising fees (Part IX, column (A), line lie)

CL b Total fundraising expenses (Part IX, column (D), line 25)LU 17 Other expenses (Part IX, column (A), lines ii a-il d, 11 f-24f)

18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)19 Revenue less expenses. Subtract line 18 from line 12

20 Total assets (Part X, line 16)W cc21 Total liabilities (Part X, line 26)cz22 Net assets or fund balances. Subtract line 21 from line 20 ..........................................

Under penalties of pp4ury, I declare that I have a>and complete. 9dleratlon of preparer (other than

(tVUJ'),fVSignatm'ä of officer

LOB SANG NYANDAXType or pri ntn t,ad title

Paid Preparer's(_—.__..... Psignature

Preparer's Firms name (or / LOEB & TROPER LLPself-employed), 655 THIRD AVENUE, 12TH FL

Use Only yours If

ZIP +4 NEW YORK, NY 10017address, and

Prior Year irrent Year,243,041.

2,284.

,245,325.54,000.

63,383.181, 942.

Beinnina of Current Year End of Year,187,942.

6,000.L181.942.

SignHere

less,,, u,u,ulsng accompanying scr,eouies ano statements, eon to toe nest 01 my Knowledge and belief, It Is true, correct,Is based on all Information of which preparer has any knowledge.

I

CHAIRPERSON

,•.J., self-ff employed

IEIN

Phoneno.'-(212) 867-4000

932001 02-04-10 LHA For Privacy Act and Paperwork Reduction Act Notice, seethe separate instructions. Form 990(2009)

Form 990 (2009) THE DALAI LAMA TRUST 26-4635814 Paoe2

I Briefly describe the organizations mission: SEE SCHEDULE 0 FOR CONTINUATIONTHE ORGANIZATION IS FOUNDED TO FUND AND PROVIDE FINANCIAL SUPPORT,THROUGH GRANTS & DONATIONS, FOR THE ACTIVITIES OF INDIVIDUALS &INSTITUTIONS BELONGING TO, ASSOCIATED WITH AND WORKING FOR THE WELFAREOF TIBETAN COMMUNITY AND OTHER NEEDY PERSONS AROUND THE WORLD; THE

2 Did the organization undertake any significant program services during the year which were not listed onthe prior Form 990 or 990EZ? .Yes i:ii NoIf Yes, describe these new services on Schedule 0.

3 Did the organization cease conducting, or make significant changes in how it conducts, any program services?E:JYes IiJ NoIf Yes, describe these changes on Schedule 0.

4 Describe the exempt purpose achievements for each of the organization's three largest program services by expenses.Section 501 (c)(3) and 501 (c)(4) organizations and section 4947(a) (1) trusts are required to report the amount of grants andallocations to others, the total expenses, and revenue, if any, for each program service reported.

4a (Code: ) (Expenses $ 54 , 00 0 including grants of $ 54,000. ) (Revenue $GRANT TO EMORY UNIVERSITY TOWARDS EMORY TIBET SCIENCE INITIATIVEPROGRAM

4b (Code: (Expenses $

including grants of $

(Revenue $

4c (Code: (Expenses $

including grants of $

(Revenue $

4d Other program services. (Describe in Schedule 0.)(Expenses $ including grants of $ ) (Revenue $

4e Total program service expenses $ 54,000.932002 Form 990(2009)02-04-10

210170201 733030 2731 2009.05030 THE DALAI LAMA TRUST 2731_i

Form 990

THE DALAI LAMA TRUST

26-4635814 Pace3

1 Is the organization described in section 501 (c)(3) or 4947(a)(1) (other than a private foundation)?If 'Yes," complete Schedule A

2 Is the organization required to complete Schedule B, Schedule of Contributors?

3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates forpublic office? If 'Yes," complete Schedule C, Part!

4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If 'Yes,' complete Schedule C, Part!!

5 Section 501(c)(4), 501(c)(5), and 501(c)(6) organizations. Is the organization subject to the section 6033(e) notice andreporting requirement and proxy tax? If 'Yes,' complete Schedule C, Part Ill

6 Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right toprovide advice on the distribution or investment of amounts in such funds or accounts? If "Yes,' complete Schedule D, Part I

7 Did the organization receive or hold a conservation easement, including easements to preserve open space,

the environment, historic land areas, or historic structures? If 'Yes,' complete Schedule D, Part I!

8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If 'Yes,' completeSchedule D, Part III

9 Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or providecredit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV

10 Did the organization, directly or through a related organization, hold assets in term, permanent, or quasi-endowments?If 'Yes,' complete Schedule D, Part V

11 Is the organization's answer to any of the following questions Yes? If so, complete Schedule D, Parts VI, VII, VIII, IX, or Xas applicable

• Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If 'Yes," complete Schedule 0,Part VI.

• Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its totalassets reported in Part X, line 16? If 'Yes," complete Schedule D, Part VII.

• Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its totalassets reported in Part X, line 16? If 'Yes,' complete Schedule D, Part VIII.

• Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported inPart X, line 16? If "Yes,' complete Schedule D, Part IX.

• Did the organization report an amount for other liabilities in Part X, line 25? If 'Yes," complete Schedule D, Part X.• Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses

the organization's liability for uncertain tax positions under FIN 48? If 'Yes," complete Schedule 0, Part X.

12 Did the organization obtain separate, independent audited financial statements for the tax year? If 'Yes," completeSchedule D, Parts XI, XII, and XIII.

12A Was the organization included in consolidated, independent audited financial statements for the tax year? Yes NoIf 'Yes," completing Schedule 0, Parts XI, XII, and XIII is optional I 12A X

13 Is the organization a school described in section 170(b)(1)(A)(ii)? If 'Yes," complete Schedule E

14a Did the organization maintain an office, employees, or agents outside of the United States?

b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business,

and program service activities outside the United States? If 'Yes," complete Schedule F, Part!15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization

or entity located outside the United States? If 'Yes,' complete Schedule F, Part II

16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individualslocated outside the United States? If 'Yes,' complete Schedule F, Part II!

17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX,column (A), lines 6 and lie? If 'Yes,' complete Schedule G, Part I

18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines1 and 8a? If 'Yes,' complete Schedule G, Part II

19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If 'Yes,'complete Schedule G, Part III

20 Did the oroanization ooerate one or more hosoitals? If 'Yes." comolete Schedule H

ILI•LI.momrILN.'momII!NI!NI!Nor11 X

• I -- -•

12 X

13

14b X

15 X

16 X

17 X

18 X

19 X20 X

Form 990 (2009)

932003

02-04-10

310170201 733030 2731 2009.05030 THE DALAI LAMA TRUST

2731 1

Form 990


26-4635814 Page C

I IYes iNo21 Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the

United States on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts land!!

22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX,column (A), line 2? If "Yes," complete Schedule!, Parts land!!!

23 Did the organization answer "Yes to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's currentand former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," completeSchedule J

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of thelast day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and completeSchedule K. If "No", go to line 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease

any tax-exempt bonds?d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?

25a Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with adisqualified person during the year? If "Yes," complete Schedule L, Part!

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, andthat the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If "Yes," completeSchedule L, Part!

26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualifiedperson outstanding as of the end of the organization's tax year? If "Yes," complete Schedule L, Part II

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantialcontributor, or a grant selection committee member, or to a person related to such an individual? If "Yes," completeSchedule L, Part II!

28 Was the organization a party to a business transaction with one of the following parties, (see Schedule L, Part IVinstructions for applicable filing thresholds, conditions, and exceptions):

a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IVb A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IVc An entity of which a current or former officer, director, trustee, or key employee of the organization (or a family member) was

an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV

29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M

30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservationcontributions? If "Yes," complete Schedule M

31 Did the organization liquidate, terminate, or dissolve and cease operations?If "Yes," complete Schedule N, Part!

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," completeSchedule N, Part!!

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulationssections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part!

34 Was the organization related to any tax-exempt or taxable entity?If "Yes," complete Schedule R, Parts II, III, IV, and V, line 1

35 Is any related organization a controlled entity within the meaning of section 512(b)(1 3)?If "Yes," complete Schedule R, Part V, line 2

36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization?If "Yes," complete Schedule R, Part V, line 2

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organizationand that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 19?Note. All Form 990 filers are required to complete Schedule 0 ...........................................................................................

93200402-04-10

21 X

22 X

23 X

Ma X

25a X

25b X

26 X

27 X

28a X28b X

28c -

29 X

30 X

MMIMSEESEESEElip36 X

37 x

38X

Form 990(2009)

410170201 733030 2731 2009.05030 THE DALAI LAMA. TRUST 27311

IIIM

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5a X5b X

5c

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Form 990

THE DALIAI LAMA TRUST

26-4635814 Page qardinq Other IRS Filinas and

la Enter the number reported in Box 3 of Form 1096, Annual Summary and Transmittal of

U.S. Information Returns. Enter -0- if not applicable .Ia I

b En1er the number of Forms W-2G included in line 1 a. Enter -0- if not applicable .lb I

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners? .................................................................................................................................2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements,

filed for the calendar year ending with or within the year covered by this return*******

*.

2a I

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns?Note. If the sum of lines 1 a and 2a is greater than 250, you may be required toe-file this return. (see instructions)

3a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return?b If Yes,' has it filed a Form 990-T for this year? If "No, provide an explanation in Schedule 0

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a

financial account in a foreign country (such as a bank account, securities account, or other financial account)?

b If "Yes," enter the name of the foreign country:

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank andFinancial Accounts.

5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

c If "Yes," to line 5a or 5b, did the organization file Form 8886.T, Disclosure by Tax-Exempt Entity Regarding Prohibited

Tax Shelter Transaction?

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicitany contributions that were not tax deductible?

b If Yes," did the organization include with every solicitation an express statement that such contributions or giftswere not tax deductible?

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services

provided to the payor?

b If "Yes," did the organization notify the donor of the value of the goods or services provided?

c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was requiredtofile Form 8282? ............................................................................................................................................................

d If "Yes," indicate the number of Forms 8282 filed during the year I 7d

e Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal

benefit contract?

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?g For all contributions of qualified intellectual property, did the organization file Form 8899 as required?

h For contributions of cars, boats, airplanes, and other vehicles, did the organization file a Form 1098-C as required?

8 Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the

supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings

at any time during the year? .

9 Sponsoring organizations maintaining donor advised funds.

a Did the organization make any taxable distributions under section 4966?

b Did the organization make a distribution to a donor, donor advisor, or related person?

10 Section 501(c)(7) organizations. Enter:

a Initiation fees and capital contributions included on Part VIII, line 12 ..lOa

b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities .lObII Section 501(c)(12) organizations. Enter:

a Gross income from members or shareholders .I Ia

b Gross income from other sources (Do not net amounts due or paid to other sources against

amounts due or received from them.) .1 lb

12a Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

b If 'Yes," enter the amount of tax-exemot interest received or accrued durina the year I 12b IForm 990 (2009)

93200502-04-10

510170201 733030 2731 2009.05030 THE DAIJAI LAMA TRUST 27311

Form 990 (2009) THE DALAI LAMA TRUST 26-4635814 Page Ta—R 917, Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and fora "No" response

to line 8a, 8b, or 1 O below, describe the circumstances, processes, or changes in Schedule 0. See instructions.

Section A. Governing Body and Management -

la Enter the number of voting members of the governing body la 5b Enter the number of voting members that are independent .lb 5

2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any otherofficer, director, trustee, or key employee?

3 Did the organization delegate control over management duties customarily performed by or under the direct supervisionof officers, directors or trustees, or key employees to a management company or other person?

4 Did the organization make any significant changes to its organizational documents since the prior Form 990 was filed?5 Did the organization become aware during the year of a material diversion of the organization's assets?6 Does the organization have members or stockholders?7a Does the organization have members, stockholders, or other persons who may elect one or more members of the

governing body?b Are any decisions of the governing body subject to approval by members, stockholders, or other persons?

8 Did the organization contemporaneously document the meetings held or written actions undertaken during the yearby the following:

a The governing body?b Each committee with authority to act on behalf of the governing body?

9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at theorganization's mailing address? If "Yes," provide the names and addresses in Schedule 0 ...................................................

Section B. Policies (This Section B requests information about qolicies not reauired b y the Internal Revenue Code.)

lOa Does the organization have local chapters, branches, or affiliates?b If "Yes," does the organization have written policies and procedures governing the activities of such chapters, affiliates,

and branches to ensure their operations are consistent with those of the organization?11 Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?11A Describe in Schedule 0 the process, if any, used by the organization to review this Form 990.12a Does the organization have a written conflict of interest policy? If "No," go to line 13

b Are officers, directors or trustees, and key employees required to disclose annually interests that could give riseto conflicts?

c Does the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describein Schedule 0 how this is done

13 Does the organization have a written whistleblower policy?14 Does the organization have a written document retention and destruction policy?15 Did the process for determining compensation of the following persons include a review and approval by independent

persons, comparability data, and contemporaneous substantiation of the deliberation and decision?a The organization's CEO, Executive Director, or top management officialb Other officers or key employees of the organization

If "Yes" to line 15a or 15b, describe the process in Schedule 0. (See instructions.)iSa Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a

taxable entity during the year?b If "Yes," has the organization adopted a written policy or procedure requiring the organization to evaluate its participation

in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's

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8a X8b X

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Section C. Disclosure11 List the states with which a copy of this Form 990 is required to be filed P'NY18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990 .T (501 (c)(3)s only) available for

public inspection. Indicate how you make these available. Check all that apply.LIII Own website ED Another's website LX II Upon request

19 Describe in Schedule 0 whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financialstatements available to the public.

20 State the name, physical address, and telephone number of the person who possesses the books and records of the organization: LHAKPA TSERING - 212-213-5010241 EAST 32ND STREET, NEW YORK, NY 10016

Form 990 (2009)

93200602-04-10

610170201 733030 2731

2009.05030 THE DALAI LAMA TRUST 27311

Form 990 (2009) THE DALAI LAMA TRUST 264635814 Page Iart VII I Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated

Employees, and Independent ContractorsSection A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employeesla Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's taxyear. Use Schedule J•2 if additional space is needed.

• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation.Enter -0- in columns (D), (F), and (F) if no compensation was paid.

• List all of the organization's current key employees. See instructions for definition of key employee.• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable

compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.

• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 ofreportable compensation from the organization and any related organizations.

• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization,more than $10,000 of reportable compensation from the organization and any related organizations.List persons in the following order individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees;and former such persons.

LXII Check this box if the orqanization did not comoensate any current officer. director or tnjtp.(A)

Name and Title

HIS HOLINESS THEFIRST CHAIRPERSONLOB SANG NYANDAKCHAIRPERSON

TRUSTEETENZIN TAKLHATRUSTEE

TRUSTEE

(B) (C)Average Position

hours (check all thatper

week

5

MI!oiloilNil

(E) (F)Reportable Estimated

compensation amount offrom related other

organizations compensation(W-2/1 099-MISC) from the

organizationand related

organizations

0. 0.

0. 0.

0. 0.

0. 0.

Lp

(D)

Reportableipply) compensation

fromthe

organization(W-2/1 099-MISC)

.5

I

932007 02-04-10

Form 990(2009)7

10170201 733030 2731

2009.05030 THE DALAI LAMA. TRUST 2731 1

Form 990 (2009)

I VIII Section A. Officer(A)

Name and title

es, Key Employees, and Highest(B) (C)

Average Position

hours (check all that apply)per

week

a

-_

-

(0)

Reportablecompensation

fromthe

organization(W-2/1 099-MISC)

(E) (F)Reportable Estimated

compensation amount offrom related otherorganizations compensation

(W-2/1 099-MISC) from theorganizationand related

organizations

THE DAL1AI LAMA TRUST

26-4635814 Paae8

lb Total .......................................... ................... .. .................................... .I 0.1 0.1 0.2 Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable

0No

3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee online la? If "Yes," complete Schedule J for such individual .3 X

4 For any individual listed on line 1 a, is the sum of reportable compensation and other compensation from the organizationand related organizations greater than $150,000? If "Yes," complete Schedule J for such individual .4 X

5 Did any person listed on line la receive or accrue compensation from any unrelated organization for services rendered tothe organization? If "Yes," complete Schedule J for such person - X

Section B. Independent Contractors

1 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation fromthe oroanization. NONE

(A)

(B)

(C)Name and business address

Description of services

Compensation

2 Total number of independent contractors (including but not limited to those listed above) who received more than$100.000 in compensation from the oroanization 0

Form 990(2009)932008 02-04-10

810170201 733030 2731

2009.05030 THE DALAI LAMA TRUST

2731 1

Form 990


26-4635814 Pacie9

(A) (B) (C) (D)RevenueTotal revenue Related or Unrelated excluded om

exempt function business tax underrevenue revenue sections l

1 a Federated campaigns la

b Membership dues lbc Fundraising events ic

d Related organizations ide Government grants (contributions) le

I All other contributions gifts grants, and

similar amounts not included above if 2243041av g Noncash contributions included in lines la-if: $

oe h Total. Add lines la-if 22430410I Business Code •- ". . . -

2a

w b

CE w>M d

o e° I All other program service revenue

3 Investment income (including dividends, interest, and

other similar amounts)4 Income from investment of tax-exempt bond proceeds5 Royalties .....................................................................

(I) Real (ii) Personal6 a Gross Rents

b Less: rental expenses

c Rental income or (loss)

d Net rental Income or (loss) ..........................................7 a Gross amount from sales of (I) Securities (ii) Other

assets other than inventory

b Less: cost or other basis

and sales expenses

o Gain or (loss)

d Net gain or (loss) .........................................................w 8 a Gross income from fundraising events (not

including $ ofcontributions reported on line ic). SeePart IV, line 18 a

b Less: direct expensesb

c Net income or (loss) from fundraising events ...............9 a Gross income from gaming activities. See

Part IV, line 19 ab Less: direct expensesb

o Net income or (loss) from gaming activities ..................10 a Gross sales of inventory, less returns

and allowances ab Less: cost of goods soldb

Miscellaneous Revenue

P2 .;; "-"-1

2,284. 2,284.

• '5

5s,_•.

.- ', - ..:-

55,-

-

::".: ft

2 T:T

11 a

b

C

d All other revenue . .e Total. Add lines 11 a-il d __

12 Total revenue. See instructions ....................................... 2245325 002-04-10

- --,

Form 990(2009)

10170201 733030 2731 2009.05030 THE DALAI LLAMA TRUST 2731 19

Form 990

THE DALAI LAMA TRUST 26-4635814 PaqelO

Section 501(c)(3) and 501(c)(4) organizations must complete all columns.All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Do not include amounts reported on lines 6b,Total £ i ensesProgranseMce Management and Funraising7b, 8b, 9b, and lOb of Part VIII expenses general expenses expenses

I Grants and other assistance to governments and - ..organizations in the U.S. See Part IV, line 2l 50,000. 50,000.

2 Grants and other assistance to individuals inthe U.S. See Part IV, line 22 4,000. 4,000.

3 Grants and other assistance to governments, .-.

organizations, and individuals outside the U.S.. .See Part IV, lines 15 and 16

4 Benefits paid to or for members

5 Compensation of current officers, directors,

trustees, and key employees6 Compensation not included above, to disqualified

persons (as defined under section 4958(f)(1)) and

persons described in section 4958(c)(3)(B)

7 Other salaries and wages 8 Pension plan contributions (include section 401(k)

and section 403(b) employer contributions)

9 Other employee benefits 10 Payroll taxes

11 Fees for services (non-employees):

a Management

b Legal .2,716. 2,716.c Accounting .6,000. 6,000.dLobbying ....................................................._________________e Professional fundraising services. See Part IV, line 17

f Investment management fees

g Other

12 Advertising and promotion 13 Office expenses . .667. 667.14 Information technology

15 Royalties

16 Occupancy

17 Travel

18 Payments of travel or entertainment expenses

for any federal, state, or local public officials19 Conferences, conventions, and meetings

20 Interest

21 Payments to affiliates

22 Depreciation, depletion, and amortization23 Insurance24 Other expenses Itemize expenses not covered

above (Expenses grouped together and labeledmiscellaneous may not exceed 5% of total - . .. - . . • . .expenses shown on line 25 below.) .-> - . - - -....;.....................it... -

ab

C

d

e

f All other expenses25 Total functional expenses. Add lines 1 through 24f

26 Joint costs. Check here Oo. Li if followingSOP 98-2. Complete this line only if the organizationreported in column (B) joint costs from a combined

educational campaign and fundraising solicitation

932010 02-04-10

•1 , JJJ . V.

Form 990(2009)

10170201 733030 2731 2009.05030 THE DALAI LAMA TRUST 2731 110

N

Form 990

THE DALAI LAMA TRUST 26-4635814 Pagel1

1 Cash - non-interest-bearing2 Savings and temporary cash investments3 Pledges and grants receivable, net4 Accounts receivable, net5 Receivables from current and former officers, directors, trustees, key

employees, and highest compensated employees. Complete Part IIof Schedule L

6 Receivables from other disqualified persons (as defined under section4958(0(1)) and persons described in section 4958(c)(3)(B). CompletePart II of Schedule L

•'0

7 Notes and loans receivable, net0)

8 Inventories for sale or use(0(0

.c

9 Prepaid expenses and deferred chargeslOa Land, buildings, and equipment: cost or other

basis. Complete Part VI of Schedule D .lOab Less: accumulated depreciation .lOb

11 Investments - publicly traded securities12 Investments -other securities. See Part IV, line 1113 Investments - program-related. See Part IV, line 1114 Intangible assets15 Other assets. See Part IV, line 1116 Total assets. Add lines 1 through 15 (must equal line 34)17 Accounts payable and accrued expenses18 Grants payable19 Deferred revenue20 Tax-exempt bond liabilities21 Escrow or custodial account liability. Complete Part IV of Schedule D(0

0)

22 Payables to current and former officers, directors, trustees, key employees,highest compensated employees, and disqualified persons. Complete Part IICO

—I

of Schedule L23 Secured mortgages and notes payable to unrelated third parties24 Unsecured notes and loans payable to unrelated third parties25 Other liabilities. Complete Part X of Schedule D26 Total liabilities. Add lines 17 through 25

Organizations that follow SFAS 117, check here Lii and completelines 27 through 29, and lines 33 and 34.(0

0)

U 27 Unrestricted net assets(0

28 Temporarily restricted net assets(0

29 Permanently restricted net assetsOrganizations that do not follow SFAS 117, check here EII andU-

I- complete lines 30 through 34.0

CO

30 Capital stock or trust principal, or current funds0)CC,

31 Paid-in or capital surplus, or land, building, or equipment fund(I,

32 Retained earnings, endowment, accumulated income, or other funds4-UZ 33 Total net assets or fund balances

34 Total liabilities and net assets/fund balances

(A)

(B)Beginning of year End of year

1 693,728.

-- 1,494,214.

---.-.--- i____ .--4-- -5

UI

:•

I UJV •

27

• 1 30

.1311 0.• 04 1 I J. '..l .. , .1 •

• 33 1 2,181,942.• I I I .1 I , _I •X L. •

Form 990(2009)

932011 02-04-10

1110170201 733030 2731


Form 990

THE DATAI LAMA TRUST

26-4635814 Paae12Financial

andYes No

2a X

1 Accounting method used to prepare the Form 990: EJ Cash L1 Accrual EJ OtherIf the organization changed its method of accounting from a prior year or checked Other," explain in Schedule 0.

2a Were the organization's financial statements compiled or reviewed by an independent accountant? .b Were the organization's financial statements audited by an independent accountant? .c If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit,

review, or compilation of its financial statements and selection of an independent accountant?

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0.d If "Yes to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a

consolidated basis, separate basis, or both:LXI Separate basis Consolidated basis Both consolidated and separate basis

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single AuditAct and OMB Circular A-133?

b If 'Yes,' did the organization undergo the required audit or audits? If the organization did not undergo the required auditor audits, exolain why in Schedule 0 and describe snv tns thkn tr unrrrin Qi , g'h ni

2c

X

Form 990(2009)

932012 02-04-10

1210170201 733030 2731

2009.05030 THE DALAI LAMA TRUST

2731 1

SCHEDULE A(Form 990 or 990-EZ)

Department of the TreasuryInternal Revenue Service

Name of the organization

I'Pa1II Reason for

Public Charity Status and Public SupportComplete if the organization is a section 501(c)(3) organization or a section

4947(a)(1) nonexempt charitable trust.Attach to Form 990 or Form 990-EL See separate instructions.

OMB No. 1545-0047

mployer identification numt

26-4635814THE DALAI LAMA TRUST(All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(lii).

4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name,city, and state:

5 An organization operated for the benefit of a college or university owned or operated by a governmental unit described insection 170(b)(1)(A)(iv). (Complete Part II.)

6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).EXJ An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

section 170(b)(1)(A)(vi). (Complete Part II.)

8 A community trust described in section 170(b}(1)(A)(vi). (Complete Part II.)

9 An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from

activities related to its exempt functions . subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment

income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975.See section 509(a)(2). (Complete Part Ill.)

10 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).11 An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or

more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that

describes the type of supporting organization and complete lines lie through 11 h.

a Type I b Type II c Eli Type Ill - Functionally integrated d Eli Type Ill . Other

e By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other thanfoundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).

f If the organization received a written determination from the IRS that it is a Type I, Type II, or Type Illsupporting organization, check this box

g Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?(i) A person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii) below, Yes No

the governing body of the supported organization?(ii) A family member of a person described in (i) above? .1 lg(ii)(iii) A 35% controlled entity of a person described in (i) or (i above? .llg(iii)

h Provide the following information about the supported organization(s).

(i) Name of supported (Ii) EIN (III) iypeot

organization (described on lines 1-9organization

above or IRC section(see instructions))

')ls the organization i (v) Did you notify the I (vi) Is the I (vii) Amount ofI Icol. (i) listed in yourl organization in col organization in col.

. 1(1) organized in the I supportiverning document? 1 (I) of your support? I U.S.? IYes I No I Yes I No--] Yes I No I

Total

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Schedule A (Form 990 or 990-EZ) 2009Form 990 or 990-EZ.

932021 02-08-10

1310170201 733030 2731 2009.05030 THE DALIAI LAMA TRUST 2731.......1

Schedule A (Form 9900r99O-EZ)2009 THE DALAI LAMA TRUST 264635814 Page2I Part III Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)

(Complete only if you checked the box on line 5, 7, or 8 of Part I.)Section A. Public SupportCalendar year (or fiscal year beginning in)- (a) 2005 (b) 2006 (c) 2007 (d) 2008 (e) 2009 (f) Total

I Gifts, grants, contributions, andmembership fees received. (Do notinclude any "unusual grants.) 2,243,041. 2,243,041.

2 Tax revenues levied for the organ-ization's benefit and either paid toor expended on its behalf

3 The value of services or facilitiesfurnished by a governmental unit tothe organization without charge

4 Total. Add lines l through 3 2,243,041. 2,243,041,5 The portion of total contributions

by each person (other than a .4

governmental unit or publiclysupported organization) includedon line 1 that exceeds 2% of the . . .amount shown on line 11,column (f) 605,070.

6 Public support. Subfract line 5 from line 4. ', .. . - - .... . 1.637 .971.

Calendar year (or fiscal year beginning in)" (a) 2005 (b) 2006 (c) 2007 (d) 2008 (e) 2009 (f) Total --7 Amounts from line 4 2,243,041. 2,243,041.8 Gross income from interest,

dividends, payments received onsecurities loans, rents, royaltiesand income from similar sources ... 2,284. 2,284.

9 Net income from unrelated businessactivities, whether or not thebusiness is regularly carried on

10 Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part IV.)___

11 Total support. Add lines 7through 10 - 2,245,325.12 Gross receipts from related activities, etc. (see instructions) .12 I13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501 (c)(3)

organization, check this box and stop here ....................................................................................................................................... IIJSection C. Computation of Public Support Percentage14 Public support percentage for 2009 (line 6, column (f) divided byline 11, column (f)) 14 %15 Public support percentage from 2008 Schedule A, Part II, line 14 115 %16a 33 1/3% support test - 2009.1f the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and

stop here. The organization qualifies as a publicly supported organizationb 33 1/3% support test - 2008.1f the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box

and stop here. The organization qualifies as a publicly supported organization17a 101/6 -facts-and-circumstances test - 2009. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more,

and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part IV how the organizationmeets the "facts-and-circumstances' test. The organization qualifies as a publicly supported organization LIIJ

b IO% -facts-and-circumstances test - 2008.1f the organization did not check a box on line 13,16a, 16b, or 17a, and line 15 is 10% ormore, and if the organization meets the facts-and-circumstances" test, check this box and stop here. Explain in Part IV how theorganization meets the 'facts-and-circumstances" test. The organization qualifies as a publicly supported organization LI

18 Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions LISchedule A (Form 990 or 990-EZ) 2009

93202202-08-10


2009

if you checked the box on line 9 of Parton A

Calendar year (or fiscal year beginning in)JO

20061 Gifts, grants, contributions, and

membership fees received. (Do not

include any "unusual grants.")

2 Gross receipts from admissions,merchandise sold or services per-formed, or facilities furnished inany activity that is related to theorganization's tax-exempt purpose

3 Gross receipts from activities thatare not an unrelated trade or bus-iness under section 513

4 Tax revenues levied for the organ-

ization's benefit and either paid to

or expended on its behalf

5 The value of services or facilities

furnished by a governmental unit tothe organization without charge

6 Total. Add lines 1 through 5 .........

7a Amounts included on lines 1, 2, and

3 received from disqualified personsb Amounts Included on lines 2 and 3 received

from other than disqualified persons thatexceed the greater of $5,000 or 1% of theamount on line 13 for the year

C Add lines 7a and 7b

Section

2008

2009

Calendar year (or fiscal year beginning in)" (a) 2005 (b) 2006 (c) 2007 (d) 2008 (e) 2009 (f) Total9 Amounts from line 6

lOa Gross income from interest,dividends, payments received onsecurities loans, rents, royaltiesand income from similar sources

b Unrelated business taxable income

(less section 511 taxes) from businesses

acquired after June 30, 1975

cAdd lines 1 O and 1 O11 Net income from unrelated business

activities not included in line lob,whether or not the business isregularly carried on

12 Other income. Do not include gainor loss from the sale of capitalassets (Explain in Part IV.)

13 Total SUppOrtdd lines 9, lOc, 11, and 12.)

14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,

Section C. Computation of Public Support Percentage15 Public support percentage for 2009 (line 8, column (f) divided byline 13, column (f)) .15 %16 Public support percentage from 2008 Schedule A, Part III, line 15 16 %Section D. Computation of Investment Income Percentage17 Investment income percentage for 2009 (line lOc, column (f) divided byline 13, column (f)) 17 1 %18 Investment income percentage from 2008 Schedule A, Part III, line 17 118 1 %19a 33 1/311/6 support tests - 2009. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not

more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization

b 33 1/3% support tests - 2008. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3%, and

line 18 is not more than 33 1/3%, check this box andstop here. The organization qualifies as a publicly supported organization

20 Private foundation. If the organization did not check a box online 14, 19a, or 19b, check this box and see instructions

Schedule A (Form 990 or 990-EZ) 2009

932023 02-08-10

1510170201 733030 2731


Schedule D I Supplemental Financial Statements(Form! 90) I Po. Complete if the organization answered 'Yes," to Form 990,

Department of the TreasuryPart IV, line 6,7,8,9, 10, 11, or 12.

Internal Revenue Service 10o. Attach to Form 990. See separate instructions.Name of the organization

THE DALAI LAMA TRUSTinizauons Malfltaifliflg uonor Advised Funds or Otherization answered eyes to Form 990, Part IV, line 6.

(a) Donor

OMB No. 1545-0047

2009'Inspection

Employer identification number26-4635814

or Accounts. Complete if the

(b) Funds and other accounts1 Total number at end of year2 Aggregate contributions to (during year)3 Aggregate grants from (during year)4 Aggregate value at end of year5 Did the organization inform all donors and donor advisors in wilting that the assets held in donor advised funds

are the organization's property, subject to the organization's exclusive legal control?6 Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only

for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferrin

El Yes El No

El Noif the organization answered ayes to Form 990 Part IV, line 7.

1 Purpose(s) of conservation easements held by the organization (check all that apply).Eli Preservation of land for public use (e.g., recreation or pleasure) LIII Preservation of an historically important land areaLIllIlli Protection of natural habitat El Preservation of a certified historic structureEl Preservation of open space

2 Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the lastday of the tax year.

Held at the End of the Tax Yeara Total number of conservation easements 2ab Total acreage restricted by conservation easements .2bc Number of conservation easements on a certified historic structure included in (a) .2cd Number of conservation easements included in (c) acquired after 8/17/06

...2d

3 Number of conservation easements modified, transferred, released, extinguished, or terminated by the orgation during the taxyear

4 Number of states where property subject to conservation easement is located 5 Does the organization have a written policy regarding the periodic monitoring, inspection, handling of

violations, and enforcement of the conservation easements it holds? El Yes El No6 Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year7 Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year $8 Does each conservation easement reported on line 2(d) above satisfy the requirements of section 1 70(h)(4)(B)(i)

and section 170(h)(4)(B)(ii)? El Yes El No9 In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and balance sheet, and

include, if applicable, the text of the footnote to the organizations financial statements that describes the organization's accounting forconservation easements.

Part Ill I Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar AssetsComplete if the organization answered "Yes" to Form 990, Part IV, line 8.

la If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of art, historicaltreasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIV, the text ofthe footnote to its financial statements that describes these items.

b If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art, historical treasures,or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating tothese items:(i) Revenues included in Form 990, Part VIII, line 1 $(ii) Assets included in Form 990, Part X$

2 If the organization received or held works of art, historical treasures, or other similar assets for financial gain, providethe following amounts required to be reported under SFAS 116 relating to these items:

a Revenues included in Form 990, Part VIII, line 1 $b Assets included in Form 990, Part X 10. $

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule D (Form 990) 200993205102-01-10

2010170201 733030 2731 2009.05030 THE DALAI LAMA TRUST 2731.1

Schedule D (Form 990) 2009

THE DALAI TJAIYIA TRUST

26-4635814 Paqe2IVIdIlILdIlI of Art, Historical Treasures, or Other Similar Assets

3 Using the organization's acquisition, accession, and other records, check any of the following that are a significant use of its collection items(check all that apply):

a Public exhibition d Loan or exchange programsb Scholarly research e Other______________________________________________________c Preservation for future generations

4 Provide a description of the organization's collections and explain how they further the organization's exempt purpose in Part XIV.5 During the year, did the organization solicit or receive donations of art, historical treasures, or other similar assets

to be sold to raise funds rather than to be maintained as part of the or ganization's collection? ........................................ Yes LJ NoI PartiV Escrow and Custodial Arrangements. Complete if organization answered "Yes" to Form 990, Part IV, line 9, or

reported an amount on Form 990, Part X, line 21.la Is the organization an agent, trustee, custodian or other Intermediary for contributions or other assets not included

on Form 99o, Part X? =Yes E:IN0b If "Yes," explain the arrangement in Part XIV and complete the following table:

Amountc Beginning balance .icd Additions during the year

if

e Distributions during the year .lef Ending balance .-it

2a Did the organization include an amount on Form 990, Part X, line 21? LJ Yes LJ Nob If "Yes." exolain the arranoement in Part XIVdfl ' nuowmern 1-unas. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years backla Beginning of year balanceb Contributionsc Net investment earnings, gains, and lossesd Grants or scholarships e Other expenditures for facilities

and programsf Administrative expenses g End of year balance

2 Provide the estimated percentage of the year end balance held as:a Board designated or quasi-endowment %b Permanent endowment %c Term endowment %

3a Are there endowment funds not in the possession of the organization that are held and administered for the organizationby: Yes No(i) unrelated organizations(ii) related organizationsI3a(ii)

b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? 3b4 Describe in Part XIV the intended uses of the organization's endowment funds.art:V! . I Investments - Land, Buildings, and Equipment. See Form 990, Part X, line 10.

Description of investment (a) Cost or other (b) Cost or other (c) Accumulated (d) Book valuebasis (investment) basis (other) depreciation

la Landb Buildingsc Leasehold improvementsd Equipment

Total. Add

Part X column M. line 'I.Schedule D (Form 990) 2009

02-01-10

2110170201 733030 2731

2009.05030 THE DAL1AI LAMA TRUST

2731 1

932052

rn 990, Part X 1 line 13.

(b) Book value I

must equal Form 990, Part X, cal (B) line 12.)Investments - Program Related.

(a) Description of investment type (c) Method of valuation:Cost or end-of-year market value

Schedule D (Form 990) 2009 THE DAIJAI LAMA TRUST

I:aktV,111 Investments - Other Securities. See Form 990, Part X, line 12.(a) Description of security orcategory

(b) Book valuel.. . n9 nameIC UI OCI.#UI fly)

Financial derivativesClosely-held equity interestsOther

26-4635814

3

(c) Method of valuation:Cost or end-of-year market value

Total. (Cal (b) must equal Form 990, Part X, cal (B) line 13.) II Part !X I Other Assets. See Form 990, Part X, line 15.

(a) Description

I (b) Book value

Total. (Column (b) must equal Form 990, Part X, co/ (B) line 15.) IPart X Other Liabilities_See_Form990_Part X_line25

1. (a) Description of liability (b) Amount

Federal income taxes

Total. (Column (b) must equal Form 990, Part X, col (B) fine 25.) -.

2. FIN 48 Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability foruncertain tax positions under FIN 48.

Schedule D (Form 990) 2009


Schedule 0 (Form 990) 2009 THE DAL,AI LAMA TRUSTIPart XI --. l Reconciliation of Change in Net Assets from Form 990 to

I Total revenue (Form 990, Part VIII, column (A), line 12)

2 Total expenses (Form 990, Part IX, column (A), line 25)

3 Excess or (deficit) for the year. Subtract line 2 from line 14 Net unrealized gains (losses) on investments

5 Donated services and use of facilities6 Investment expenses

7 Prior period adjustments

8 Other (Describe in Part XIV.)

9 Total adjustments (net). Add lines 4 through 810

on1 Total revenue, gains, and other support per audited financial statements

2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:

a Net unrealized gains on investments .2ab Donated services and use of facilities 2bc Recoveries of prior year grants .2cd Other (Describe in Part XIV.) .2de Add lines 2a through 2d

3 Subtract line 2e from line 1

4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:

a Investment expenses not included on Form 990, Part VIII, line 7b .4ab Other (Describe in Part XIV.) .4bc Add lines 4a and 4b

5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part!, line 12.),art Xliii Reconciliation of Expenses per Audited Financial Statements With Expenses perI Total expenses and losses per audited financial statements

2 Amounts included on line 1 but not on Form 990, Part IX, line 25:

a Donated services and use of facilities 2ab Prior year adjustments .2bc Other losses 2cd Other (Describe in Part XIV.) .2de Add lines 2a through 2d

3 Subtract line 2e from line 1

4 Amounts included on Form 990, Part IX, line 25, but not on line 1:a Investment expenses not included on Form 990, Part VIII, line 7b .4ab Other (Describe in Part XIV.) .4bc Add lines 4a and 4b

5 - Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part!, line 18.

26-4635814 Page4ments

2,245,325.63,383.

2,181.942.

.1•

2,181,942.eturn

2,245,325.

- 0.i: 2,245,325.

0.51 2,245,325.

Return63,383.

2e 0.63,383.

4c I

ON

Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part Ill, lines la and 4; Part IV, lines lb and 2b; Part V, line 4; Part

X, line 2; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.

932054Schedule D (Form 990) 2009

02-01-10


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Supplemental Information to Form 990Complete to provide information for responses to specific questions on

Form 990 or to provide any additional information.Attach to Form 990.


OMB No. 1545-0047

Employer identification number26-4635814

SCHEDULE 0(Form 990)


Name of the organization

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

THE ORGANIZATION IS FOUNDED TO FUND AND PROVIDE FINANCIAL SUPPORT,

THROUGH GRANTS & DONATIONS, FOR THE ACTIVITIES OF INDIVIDUALS &

INSTITUTIONS BELONGING TO, ASSOCIATED WITH AND WORKING FOR THE WELFARE

OF TIBETAN COMMUNITY AND OTHER NEEDY PERSONS AROUND THE WORLD; THE

STUDY, PRESERVATION & PROMOTION OF THE CULTURE AND HERITAGE OF THE

ANCIENT CIVILIZATION OF TIBET IN ITS MANY FACETS INCLUDING BUT NOT

LIMITED TO ITS HISTORY, RELIGION, ARTS, CRAFTS, ARCHITECTURE, MEDICINE

& WAY OF LIFE ; AND PROMOTION OF EDUCATION, HUMAN HEALTH AND WLEFARE,

AND PROVISION OF BASIC HUMAN NEEDS FOR ALL PEOPLE.

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

STUDY, PRESERVATION & PROMOTION OF THE CULTURE AND HERITAGE OF THE

ANCIENT CIVILIZATION OF TIBET IN ITS MANY FACETS INCLUDING BUT NOT

LIMITED TO ITS HISTORY, RELIGION, ARTS, CRAFTS, ARCHITECTURE, MEDICINE

& WAY OF LIFE ; AND PROMOTION OF EDUCATION, HUMAN HEALTH AND WLEFARE,

AND PROVISION OF BASIC HUMAN NEEDS FOR ALL PEOPLE.

FORM 990, PART VI, SECTION B, LINE 11: THE FORM 990 WILL BE REVIEWED BY

THE GOVERNING BOARD BEFORE BEING FILED.

FORM 990, PART VI, SECTION C, LINE 19: THE GOVERNING DOCUMENTS ARE

AVAILABLE UPON REQUEST.

LHA For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990. Schedule 0 (Form 990) 200993221102-03-10


Form 8 8 6 8(Rev. April 2009)


Application for Extension of Time To File anExempt Organization Return► File a separate application for each return.

0MB No. 1545-1709

• If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box . . . . . . . . . . . . qX• If you are filing for an Additional (Not Automatic) 3 -Month Extension, complete only Part II (on page 2 of this form).Do not comp lete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.

Automatic 3-Month Extension of Time. Only submit original (no copies needed).

A corporation required to file Form 990-T and requesting an automatic 6-month extension—check this box and completePart l only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ► qAll other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension oftime to file income tax returns.Electronic Filing (e-file ). Generally, you can electronically file Form 8868 if you want a 3-month automatic extension of time to file oneof the returns noted below (6 months for a corporation required to file Form 990-T). However, you cannot file Form 8868electronically if (1) you want the additional (not automatic) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870, groupreturns, or a composite or consolidated Form 990-T. Instead, you must submit the fully completed and signed page 2 (Part II) ofForm 8868. For more details on the electronic filing of this f o rm, visit www.irs.go vie file and click on e-file for Charities & Nonprofits.Type orprintFile by thedue date forfiling yourreturn. Seeinstructions.

Name of Exempt Organizationhe Dalai Lama TrustNumber, street, and room or suite no. If a P.O. box, see instructions.41 East 32nd StreetCity, town or post office, state, and ZIP code. For a foreign address, see instructions.

Check type of return to be filed (file a separate application for each return):qX Form 990 q Form 990-T (corporation)q Form 990-BL q Form 990-T (sec. 401(a) or 408(a) trust)q Form 990-EZ q Form 990-T (trust other than above)q Form 990-PF q Form 1041-A

Employer identification number

10016

q Form 4720q Form 5227

q Form 6069

q Form 8870

• The books are in the care of ► Lobsang_Ny_anda

Telephone No. ► -(212)213.5010 FAX No. ► _ ____- ---------------• If the organization does not have an office or place of business in the United States, check this box . ►q• If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If thisis for the whole group, check this box . . . . . . . . ►q . If it is for part of the group, check this box. . . . . . . q and attach alist with the names and EINs of all members the extension will cover.

I I request an automatic 3-month (6 months for a corporation required to file Form 990-T) extension of timeuntil ._ _ _ _ _ _ _ 11/15/2010_ _ _ _ _ _ _ _ _ , to file the exempt organization return for the organization named above. The extensionis for the organization's return for:► q calendar year or► qX tax year beginning 4/1/2009_______________ ,andending 3/31/2010

2 If this tax year is for less than 12 months, check reason: q Initial return q Final return q Change in accounting period

3 a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax,less any nonrefun dable credits. See instructions.

b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated taxpayments made. Include any prior year overpayment allowed as a credit.Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required,deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax PaymentSystem). See instructions.

Caution. If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879 -EOfor payment instructions.

For Privacy Act and Paperwork Reduction Act Notice, see Instructions. Form 8868 (Rev. 4-2009)(HTA)

Form 8868 (Rev. 4-2009) Page 2• If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II and check this box . 0- EiNote. Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868.• If you are filing for an Automatic 3-Month Extension, complete only Part I (on page 1).It111 Additional (Not Automatic) 3-Month Extension of Time. Only file the original (no copies needed).Type or Name of Exempt Organization Employer identification numberprint The Dalai Lama Trust 26 4635814

File by the Number, street, and room or suite no. If a P.O. box, see instructions. For IRS use onlyextendeddue date for 241 East 32nd Street *filing the City, town or post office, state, and ZIP code. For a foreign address, see instructions. sreturn. See

New York, NY 10016Check type of return to be filed (File a separate application for each return):0 Form 990 El Form 990-PF El Form 1041-A El Form 6069El Form 990-BL LII Form 990-T (sec. 401(a) or 408(a) trust) El Form 4720 El Form 8870El Form 990-EZ El Form 990-1 (trust other than above) El Form 5227STOP! Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868.

*The books are in the care of P LobsangNyandaTelephone No. . ( 212 -25 -------- - FAX No. P (

• If the organization does not have an office or place of business in the United States, check this box ...... lo- El• If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this isfor the whole group, check this box ..... . P El . If it is for part of the group, check this box ...... P El and attach alist with the names and EINs of all members the extension is for.

4 I request an additional 3-month extension of time until --------------- biry 15 20.11..5 Forcalendaryear.,orothertaxyearbeginning --------- --pj -20P., and ending ----------F3 - 20.1g..6 If this tax year is for less than 12 months, check reason: El Initial return El Final return El Change in accounting period7 State in detail why you need the extension -Certain information necessarV to file a comp

-lete and - ac - curate - retu - rn -

1 - s - not

yet available. Itis anticipated that aUdata will be available prior to the extendeddue date.

8a If this application is for Form 990-13L, 990-PF, 990-1, 4720, or 6069, enter the tentative tax,less any nonrefundable credits. See instructions.

b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits andestimated tax payments made. Include any prior year overpayment allowed as a credit and anyamount caid oreviouslv with Form 8868.

Balance Due. Subtract line 8b from line 8a. Include your payment with this form, or, if required, depositwith FTD couoon or, if reauired. b y usina EFTPS (Electronic Federal Tax Payment Svstem'. See instructions. $ N/A

Signature and VerificationUnder penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief,it is true, correct, atjdpa'iTjte, and that I am authorized to prepare this form.

Title CPA Date 1012712010

Form 8868 (Rev. 4-2009)

THE DATAJ LAMA TRUST

FINANCIAL STATEMENTSAND AUDITOR'S REPORT

MARCH 31,2010

in LOEB &TBOPERLLP


TABLE OF CONTENTS

Independent Auditor's Report

Exhibit

A - Balance Sheet

B - Statement of Activities

C - Statement of Functional Expenses

D - Statement of Cash Flows

Notes to Financial Statements

LM LOEB &T OPER LLP

L[o] LOEB &TROPERLLP

Independent Auditor's Report

Board of TrusteesThe Dalai Lama Trust

We have audited the accompanying balance sheet of The Dalai Lama Trust as ofMarch 31, 2010, and the related statements of activities, ftinctional expenses and cash flowsfor the year then ended. These financial statements are the responsibility of The Dalai LamaTrust's management. Our responsibility is to express an opinion on these financialstatements based on our audit.

We conducted our audit in accordance with auditing standards generally accepted inthe United States of America. Those standards require that we plan and perform the audit toobtain reasonable assurance about whether the financial statements are free of materialmisstatement. An audit includes consideration of internal control over financial repOrting asa basis for designing audit procedures that are appropriate in the circumstances, but not forthe purpose of expressing an opinion on the effectiveness of The Dalai Lama Trust's internalcontrol over financial reporting. Accordingly, we express no such opinion. An audit alsoincludes examining, on a test basis, evidence supporting the amounts and disclosures in thefinancial statements, assessing the accounting principles used and significant estimates madeby management, as well as evaluating the overall financial statement presentation. Webelieve that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in allmaterial respects, the financial position of The Dalai Lama Trust as of March 31, 2010, andthe changes in its net assets and its cash flows for the year then ended in conformity withaccounting principles generally accepted in the United States of America.

August 9, 2010

Auditors and Consultants 655 Third Avenue, 12th Floor, New York, NY 10017Serving the Health Care & Not-for-Profit Sectors (212) 867-4000 / Fax (212) 867-9810 / www. loebandtroper. corn

EXHIBIT ATEE DALAX LAMA. TRUST

BALANCE SHEET

MARCH 31, 2010

ASSETS

AssetsCash

$ 2,187,942

Total assets

$ 2,187,942

L1A)3LIT1ES AND NET ASSETS

LiabilitiesAccrued expenses

$ 6,000

Net assets - unrestricted (Exhibit B)

2,181,942

Total liabilities and net assets

$2,187,942

See independent auditor's report.

The accompanying notes are an integral part of these statements.

] LOEB &TROPERLLP

EXHJBIT BTHE DALAI LAMA TRUST

STATEMENT OF ACTIVITIES

YEAR ENDED MARCH 31,2010

Revenues and other supportContributionsContribution of royaltiesInterest

Total revenues

Expenses (Exhibit C)Program services - grants to educational programsManagement and general

Total expenses

Change in net assets before contribution from Tibet Fund

Contribution from Tibet Fund

Change in unrestricted net assets (Exhibit D)

Net assets - unrestricted - beginning of year

Net assets - unrestricted - end of year (Exhibit A)

$ 541,941423,412

2,284

967,637

54,0009,383

63,383

904,254

1,277,688

2,181,942

$ 2,181,942



[] LOEB &TROPERLLP

EXHIBIT CTHE DALAI LAMA TRUST

STATEMENT OF FUNCTIONAL EXPENSES

YEAR ENDED MARCH 31, 2010

ProgramServices

Grants toEducationalPrograms

Managementand

General Total

Professional feesBank chargesPrinting and stationaryGrants - education

Total expenses (Exhibit B)

$ 8,716 $ 8,716122 122545 545

$ 54,000 54,000

$ 54,000 $ 9,383 $ 63,383



L LOEB &TROPERLLP

EXHIBIT 0THE DALAI LAMA TRUST

STATEMENT OF CASH FLOWS

YEAR ENDED MARCH 31,2010

Cash flows from operating activitiesChange in net assets (Exhibit 13)

Adjustments to reconcile change in net assetsto net cash provided by operating activities

Increase in liabilitiesAccrued expenses

Net cash provided by operating activities

Cash - beginning of year

Cash - end of year

$ 2,181,942

6,000

2,187,942

$ 2,187,942



[ j1 LOEB &TPOPERLLP


NOTES TO FINANCIAL STATEMENTS

MARCH 31, 2010

NOTE 1- NATURE OF ORGANIZATION

The Dalai Lama Trust (the "Trust") was founded in 2009 by His Holiness the 14th Dalai Lamato support the activities of individuals or institutions working for the welfare of the Tibetanpeople, the advancement of the culture and heritage of the ancient civilization of Tibet, and thepromotion of the deep rooted values associated with it.

The Trust's primary source of revenue is contributions.

The Dalai Lama Trust is exempt from federal income tax as a not-for-profit organization underSection 501(c)(3) of the Internal Revenue Code. The Trust was organized in February 2009 andstarted operations in April 2009.

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of accounting - The financial statements are prepared on the accrual basis of accounting.

FASB Accounting Standards Codification - In July 2009, the FASB released PASBAccounting Standards.Codification (ASC) as the single source of authoritative nongovernmentalUS. Generally Accepted Accounting Principles (GAAP). The Codification is effective forinterim and annual periods ending after September 15, 2009. All existing accounting , standardsdocuments are superseded as described in FASB Statement No. 168, The FASB AccountingStandards Codification and the Hierarchy of Generally Accepted Accounting Principles. Allother accounting literature not included in the Codification is nonauthoritative.

Use of estimates - The preparation of financial statements in conformity with accountingprinciples generally accepted in the United States of America requires management to makeestimates and assumptions that affect the reported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at the date of the financial statements. Estimatesalso affect the reported amounts of revenues and expenses during the reporting period. Actualresults could differ from those estimates.

Unrestricted net assets - Unrestricted net assets include funds having no restrictions as to use orpurpose imposed by donors.

-continued-

fl LOEB &TBOPERLLP

2.THE DALAX LAMA TRUST

NOTES TO FINANCIAL STATEMENTS

MARCH 31,2010

NOTE 2- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Contributions - Unconditional contributions, including promises to give cash and other assets,are reported at fair value at the date the contribution is received. The gifts are reported as eithertemporarily or permanently restricted support if they are received with donor stipulations thatlimit the use of the donated assets. When a donor restriction expires, that is, when a stipulatedtime restriction ends or-purpose restriction is accomplished, temporarily restricted net assets arereclassified as unrestricted net assets and reported in the statement of activities as net assetsreleased from restrictions.

Contribution of royalties - His Holiness has contributed all royalties received on publicationssold in the United States.

Functional allocation - The costs of providing the organization's programs and other activitieshave been summarized on a functional basis. Accordingly, certain costs have been allocatedamong the programs and supporting services benefited.

Uncertainty in income taxes The Trust adopted the provision pertaining to uncettain ta. ,ositions (Asp Topic 740) and has determined that there are no material uncertain tiCisitioth

that xequir&rècógnitioii or disclosure in the financial statements. Since this is the ihifiâIfilihyear, there are no open tax years except the current year that is subject to examinâtfdn byapplicabletax authorities. -

Fund raising--Fund raising is performed by board members and other volunteers. A a resültno costs have been reflected on the accompanying financial statements.

Subsequent events - Subsequent events have been evaluated through August 9, 2010, which isthe date the financial statements were available to be issued.

NOTE 3- CONTRIBUTION FROM TIBET FU)'fl)

In January 2010, the Tibet Fund contributed the accumulation of contributed royaltiesamounting to $1,277,688 to The Dalai Lama Trust.

NOTE 4- CONCENTRATIONS OF CREDIT RISK

Financial instruments which potentially subject the Trust to a concentration of credit risk arecash accounts with major financial institutions in excess of FDIC insurance limits.

The Trust receives 43 percent of its support from contributions of royalties.

[I1 LOEB &TROPERLLP

COPY OF WTHN PAPERRECEIVED

FEB 08 2011

NYS OFFICE OF TNt Ai 1 OcY GECHARITIES BUREAU

LhakpaAccouii

\ ema 1i''/

THE DALAI LAMA TRUST241 EAST 32ND STREET• NEW YORK, NY 10016

TEL: 212 213 5101 FAX: 212 779 9245 EMAIL: [email protected]

February 3, 2011

ToNew York State Department of LawCharities Bureau - Registration Section120 BroadwayNew York NY 10271

Dear Charities Bureau,Please find enclosed herewith the Annual Filling for Charitable Organization CHAR 500for the year 2009 and check No. 1039 amounting to $275.00 of the Dalai Lama Trust EIN26-4635814

With Best Wishes

In

.1.-

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