Thursday
The First Shambhala Center Endowment
An endowment is a perpetual savings account, where the principal is protected, and a portion of investment profits can be used for current projects.
By Lisa Johnston
On Shambhala Day 2010, Ulrike Halpern, Boulder Shambhala Center Director, and Jeff Waltcher,
Executive Director of The Sakyong Foundation, signed an endowment agreement and funded it with an initial investment of $60,000. This is the first endowment ever created for the benefit of a Shambhala Center; contributions from 130 people in the Boulder community made it possible!
It began with a $60,000 bequest to the Boulder Shambhala Center in the Fall of 2009. Inspired by this gift, Ulrike approached the Foundation to advise her on launching her first fundraising campaign as center director of the Boulder Shambhala Center. As a Kasung, Ulrike was familiar with the idea of endowments, as the Dorje Kasung had started an endowment with The Sakyong Foundation in 2008. And from conversations with Boulder community members, Ulrike knew that the idea of planning for our future is very inspiring to people. Continue…
Author Archive
3 responses - Posted 09.12.09
By Lisa Johnston and Jane Vosper Master thangka painter, Noedup Rongae, recently sent an update on how work is progressing on the Rigden Lineage thangka at his Shambhala Art School in India. Currently drawings for more than 125 lineage figures, bodhisattvas, yidams, protectors and devis of the ...continue
3 responses - Posted 06.11.09
By Lisa Johnston At the Sakyong Foundation we delight in matching a donor’s passion with the aspirations of the community to make a difference in our Shambhala world and beyond. As a community, we pulled together to get Shambhala out of central operating debt. We did it ...continue
no responses - Posted 06.04.09
by Lisa Johnston The Sakyong Foundation is a non-profit organization whose main goal is to support all aspects of our mandala’s growth and sustainability for many years to come. Our four main project include: Living Peace, Shambhala Community, Endowments, and Preserving Tibetan Culture. To learn more about ...continue