An endowment is a permanent fund that will provide support to the Library of Teachings for decades to come. It serves a similar purpose to a savings plan, establishing a retirement plan, or setting up a long term savings account. It is how we prudently set money aside to make our future secure.
An endowment fund is not the same as putting money aside for a rainy day. We prefer to think of it as saving for the future, rain or shine. We’re not talking about squirreling away some funds just in case we encounter tough times down the road. And we’re not talking about raising money to cover our day-to-day operating expenses. Unlike a normal savings account, an endowment lasts in perpetuity, generating a regular stream of income—now and for decades, or even centuries, to come.
Gifts to the Endowment Fund are invested to generate income that provides annual support for the Library of Teachings in perpetuity. The Endowment Fund provides the lasting security of funding, even during tight times of financial recession. By providing a dedicated stream of income, endowment gifts will assure free access to the Library of Teachings for future generations. Learn More!