THE HCF ENDOWMENT FUND
Dear Friends and Patrons,
It is with great joy that I am writing to you to let you know some exciting news and also with the hope that you will be inspired to help.
Throughout the years of my involvement with the Himalayan Children's Fund it has been my dream to set up an endowment fund for Thrangu Rinpoche. As you know, the school, monastery, abbey, Vajra Vidya, and all of Rinpoche's projects need a considerable amount of financial support, and fundraising is a continuous and mighty effort which is always lagging behind the need. A large and growing endowment fund, however, would have the earning potential to grant a sizable amount of money on a yearly basis to Thrangu Rinpoche's projects as needed. This would not replace our sponsorship program, nor the general fund donations you all have so generously supported over the years. Instead, since the costs are so much more than what we receive, the endowment fund would provide the extra that is required beyond these gifts each year, and would reduce and eventually eliminate the daily struggle to meet all the many needs.
Having money from an endowment fund to be able to count on each year would not only lighten the burden of covering the existing needs but also allow for planning for the future. The school could work with a yearly budget that would include the extra needed over and above what is collected in fees. Teachers could receive bonuses or a higher salary, books and teaching aids could be purchased and planned for, the library could be enhanced or more beds or desks could be acquired as necessary. Clothing and supplies for the children could be always on hand. Robes, and other necessities could be provided for monks and nuns as well as more texts for study and practice (currently the nuns often have to share a text page-by-page). I could go on but I am sure that you are well aware of the situation and know as well the difficulty Thrangu Rinpoche faces in continually trying to provide for all that is needed.
I am certain that it is evident how necessary it is to set up this fund and how helpful it will be to all involved. So now, I would like to ask you to consider making a contribution to the Endowment Fund. I am aware that we, as Dharma students, are continually asked to dig a little deeper and to give often, but if you think about it, a gift to the endowment fund would keep on giving. (And if we grow it large enough you may not need to be asked for more again!) More importantly, your contribution will continue to grow and benefit others for a long time to come.
I have started this fund with a contribution of $5,000.00. And like most people this is a considerable amount of money to me, but I feel so very strongly that this fund needs to be created that I am filled with delight to be able to open the account. There is already a great deal of excitement about thisand the response has been wonderful. We have had several stock transfers, including one for nearly $6,000.00 and another for more than $2,500.00, with a few more in process.
What I would like to ask is for you to think about how you can help make this fund grow to be a gifting fund right away. Please consider making a donation, or a series of them even if you already sponsor. For those of you who are able, may I suggest that you match (or surpass!) the first gift of $5,000.00. Maybe some of you could find businesses or foundations in your area that would also make such a match. I know that this is a lot for an individual so you may think of gathering friends or your center members together to raise whatever you can, or simply send whatever amount is suitable for you. All donations to the fund, no matter what the size will be greatly appreciated. After all, it is only our combined efforts that will make this happen.
For those of you who are interested, we have set up the account with a financial planner in Boulder, Colorado who has graciously agreed to help. There is also a brokerage account so that you may give stocks if you so desire. As always, within the USA, all donations are tax deductible since we are a non-profit 501(c)(3).
Please think carefully about this exciting opportunity to help support Thrangu Rinpoche. He has given each of us more than we can ever repay and set such a magnificent example of generosity and kindness to others - let's rise to the occasion and put forth a concerted effort to raise a minimum of $500,000.00 by the end of this year!
If you have any questions I would be happy to speak with you. I may be contacted in Denver at the following phone or mail address:
Himalayan Children's Fund - Endowment Fund
c/o Debra Ann Robinson
1303 N. Beverly Glen
Los Angeles, California 90077
Phone: (310) 475-2640
All donations for the endowment fund should be made out to the Himalayan Children's Fund and mailed to me at the Denver address. (Sponsorship and general donations will continue to be handled through the HCF in Maine, but the endowment fund will be run from Denver.)
Thank you for your time and consideration of this request.
Debra Ann Robinson
Fundraising Coordinator, HCF
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