The Prem Rawat Foundation 2002 Annual Report
The Prem Rawat Foundation, which is dedicated to promoting and disseminating the lectures, speeches, art, music, and public forums of Prem Rawat, known also as Maharaji, has had a very successful first year. Since commencing its activities in the early part of 2002, the Foundation has helped bring his message of peace to hundreds of thousands of people throughout the world.
The Foundation has launched a well-received Web site that is translated into seven languages, published and distributed more than 40 works of Prem Rawat in multiple media, including print, audio, video, DVD and other electronic and digital formats. These works have been translated into 60 languages and offered in more than 80 countries. The Foundation also sponsored an address on Peace by Prem Rawat in September 2002 at the UN Conference Centre in Bangkok, Thailand and co-sponsored with the Times Foundation and the Federation of International Chambers of Commerce and Industry another of his addresses.
The Foundation has received tens of thousands of acknowledgements by individuals inspired by Prem Rawat and his message.
The Foundation is working on many exciting new communication projects and is developing other works, materials, programs and forums to make available the possibility of peace within, which Prem Rawat offers.
We wish to thank the generosity of all the appreciative individuals who have supported the Foundation’s efforts and we are looking forward with great enthusiasm, commitment and passion to another wonderful year of growth and opportunities.
The 2002 Financial Statements have been audited by the accounting firm, KPMG, LLP, which issued on May 16, 2003, an unqualified opinion on the fair presentation of the Foundation’s financial position for the year ending December 31, 2002. Below is a summary overview of the Foundation’s financial activity during 2002. The filed tax return to the Internal Revenue Service Form 990 will be available for viewing at the Web site www.guidestar.org as well as the California Attorney General’s Web site.
Contributions to The Prem Rawat Foundation began in February 2002 and the Web site became operational in April 2002, followed by the first offering of materials in May 2002. Below are the summary amounts for the Foundation’s first year as audited by KPMG, LLP.
The allocation of the Revenue by Contribution & Sales and The Expenses by Function are illustrated in the following two charts.
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Board of Directors Linda H. Pascotto
Director / President