The Tsoknyi Nuns Endowment Fund
An important way to ensure the education, health, and spiritual well-being of the Tsoknyi Nuns is to create a self-sustaining endowment fund. This fund will provide the financial resources to support them into the indefinite future. To that end, Tsoknyi Rinpoche tasked us with growing the Nuns Endowment Fund to $10 million by the end of 2027.Â
The $10 million Endowment Fund will provide approximately $500,000 annually, which is sufficient to cover operating expenses of the nunneries without sacrificing the future growth and income potential of the Fund.
How You Can Help
A planned gift is a powerful way to practice generosity and to sustain the Tsoknyi Nuns
for future generations. Â
Michael Kunkel,
Planned Giving Director, Pundarika Foundation
kunkel@pundarika.org
FAQs
An endowment fund provides annual support using the earnings from investments.
A typical endowment distributes 4.5%-5% per year to its beneficiaries while keeping the principal intact.
Tsoknyi Rinpoche created an endowment fund for his nuns beginning in 2004.
The funds are located in the United States, with two highly rated investment firms.
A THF Financial Advisory Committee has been established to monitor and work with our financial advisors.
