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Lady Sharon Hoagland Endowment

Ensuring the Longevity of the Shambhala Lineage

by Walker Blaine

Unknown-2The start of the year of the Fire Monkey—a year for activity and gathering momentum—was auspiciously marked with the establishment of the first legal endowment dedicated to caring for the Shambhala lineage, the Lady Sharon Hoagland Endowment, which was generously seeded with an initial sum of one million dollars by Lady Sharon and Mr. James Hoagland. For our community, this dedication of wealth is a major milestone, a statement that we are here to stay and looking forward into the future.

The principle of wealth generating wealth is an integral part of the Buddhist tradition.  Just as a stupa, statue of a buddha, or treasure vase exemplifies this quality by being filled with blessings, medicine, and material wealth in order to enable the lineage to radiate and benefit the world, the Lady Sharon Hoagland Endowment similarly enables Shambhala to manifest brilliantly. Knowing such wealth is held within Shambhala is inspiring, as well as directly supporting the community each year.

The Endowment will produce usable income for Shambhala and retain enough of the interest from the principal investments that the seed money grows over time. It is structured to assist core projects designated by the Sakyong and future lineage holders. Because the Endowment is held within a nonprofit entity, the Sakyong Potrang, its wealth cannot be used for the personal activities of the Sakyong or his family.

Lady Sharon remarked on working with money and wealth, “By the time the next Sakyong is ready to take on more responsibility, they will already have an education in the financial aspect of ruling a kingdom, not just the traditional dharma and taking care of the sangha.”

Chogyam Trungpa Rinpoche

Chogyam Trungpa Rinpoche

As a Lady of the Kalapa Court, Mrs. Hoagland is a leader in supporting and manifesting the feminine principle of accommodation, insight, and nurturing in the household of the Sakyong and Sakyong Wangmo. One of the main aspects of the feminine principle is protection through ensuring the longevity of the teacher and teachings. This is one of the major inspirations behind the Endowment, which she and James see as feminine activity— wisdom in action—caring for Shambhala, its acharyas, projects, and whatever aspects of education or development the Sakyong would like to sponsor.

As quiet benefactors behind many projects initiated by the Sakyong, creating financial stability that continues into succeeding generations is an important concern of Lady Sharon and her husband James. They will assist in advising the Endowment’s development and use, and their heirs will continue this in the form of taking a seat on the advisory board for the Endowment. As James remarked, “When we were finishing our new wills we were struck by the fact that even though there has been talk of an endowment for thirty to forty years, one still did not exist, and instead of waiting to create one in our will we decided to just do it now. It is our hope that others will join us in adding to the fund either now or in the future.”

Anyone who wishes may contribute to the Endowment. The Hoaglands emphasized that it is just one part of the complex network of generosity that supports the Sakyongs and Shambhala. Unified Giving, bequests to the lineage, and other offerings to our lineage holders, centers, and endeavors are all integral to the functioning of our community. However, this fund, which takes a view of a thousand years, is an important a part of the picture we are painting together—an enlightened kingdom that cares for itself and the world as we discover our basic goodness. If you wish to know more about the Lady Sharon Hoagland Endowment, please contact Mr. Landon Mallery of the Sakyong Potrang by email at [email protected] or by phone at 902-425-4275, extension 244.

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10 responses to “ Lady Sharon Hoagland Endowment ”
  1. susan wood
    May 22, 2016
    Reply

  2. Basia Solarz
    May 16, 2016
    Reply

    I was going to say that this is such remarkable generosity — which is certainly is; however, knowing Lady Sharon and Mr. Hoagland, it not at all a surprise to learn that they have expressed their immeasurable devotion to the lineage in this way. A deep bow of heartfelt gratitude to both of you!

  3. Jeanne Cain
    May 13, 2016
    Reply

    Your generosity is inspiring, as is your vision for the future of the Sakyong lineage.
    With heartfelt appreciation to you both.

  4. Jane Arthur
    May 13, 2016
    Reply

    I second the three cheers for Lady Sharon and Mr. Hoagland. Their devotion and fearless generosity in so many ways will continue to enrich for generations to come. What a great vote of confidence for our lineage!

  5. Betsy Pond
    May 13, 2016
    Reply

    Lady Sharon and James, thank you for your inspiration and lifetime support.

  6. Sue Gilman
    May 13, 2016
    Reply

    This is such great news. Thank you so much Lady Sharon and Mr. Hoagland for this transformational generosity.

  7. Christine Heming
    May 10, 2016
    Reply

    Lady Sharon and Mr. Hoagland,
    Many thanks to you both for your devotion, vision and generosity which is now culminating in this endowment.
    May your health and happiness increase many fold.

  8. Hamish Tucker
    May 9, 2016
    Reply

    Wow, what incredible vision and generosity! Many thanks.

  9. Rebecca McAllister
    May 8, 2016
    Reply

    Lady Sharon, your vision is vast, and your wealth is without measure. Thank you for this inspiration of generosity!

  10. Maggie Colby
    May 8, 2016
    Reply

    Wow!! Such fearless generosity!!
    Three cheers for Lady Sharon and James!
    May this great gift be of benefit to Shambhala and beyond for years and years to come.


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