Newsletter Archives

India Endowment Activity

March - April 2001

Swami Agnivesh

We are pleased to announce that a new endowment in India has been opened: Swami Agnivesh Endowment Fund. This is for providing support to the outstanding social service programs overseen by Swami Agnivesh of New Delhi. It is fund #29 and for those interested in supporting Swami’s social service programs in India it is a convenient way to do so. A detailed article on Swami Agnivesh appears on page 44 and 45 of this issue of Hinduism Today.

Temple

Five grants to Hindu institutions in India were made in November, 2000. Kapaleeshwara Orphanage received its first grant for Rs. 9,370. This fund was established in May of 1999 by Dr. Jayanthi Mukundan of Liverpool, England, who continues to generously support the endowment along with a number of other donors. Also receiving their first grants, both for Rs. 3,740, are the Vishwamata Gayatri Trust, New Delhi, of Swami Pragyanand, for general support and the Tirumular Sannidhi in Tiruvavaduthurai, for shrine upkeep. Other grants issued are Rs. 12,470 to Abirami Amman Temple, Tirukadaiyur, which provides a monthly archana on each full moon day, and Rs, 12,920 to Iyarappan Temple, Thiruvaiyaru, which sponsors a monthly puja and feeding on ardra nakshatra at this Siva temple (photo to left).

Five Advantages Part II

Do you know the five reasons why Hindu Heritage endowment is your best choice for giving to support Hinduism worldwide? This is the name of a recent HHE pamphlet you can read in full on our website. In the last issue the first three advantages were listed. Here are the final two.

4. True Versus Quasi Endowment

Create a true endowment with general contributions

Many Hindu institutions set aside a portion of current income in an “endowment” to provide future support. However, as the donor did not direct the donation to the endowment, it is a quasi or board designated endowment and can be spent by current or future governing boards. This type of endowment clearly does not provide financial security for the future. An alternative is for the institution to use a portion of current income to create a true endowment at HHE. These funds are invested in perpetuity and cannot be spent and therefore provide great security for the institution’s future. Many temples and institutions would beneift from moving their endowment funds to HHE for permanent security.

5. Greater Financial Stability

Investments in US financial markets

For Hindu institutions outside the US and individuals in foreign countries wishing to establish an endowment for a local institution, HHE provides an alternative to investing in their national currency and national financial markets. HHE’s investments are in US dollars and in the US financial markets, thus providing protection against currency devaluation and the greater fluctuations of foreign financial markets. Endowments in countries like Malaysia or India have devalueated significantly in recent years, and moneys transfered to HHE would enjoy protection against such erosion of principal.

Recent Endowment Contributions

Kauai Aadheenam Monastic Endowment
Vinaya Alahan $500.00
Kanda Chelvarajah 86.54
Total586.54
Iraivan Temple Endowment
Jane Claassen250.00
James H. Daugherty1,000.00
Elayne M. Neal25.00
Rajalakshmi Ramalingam50.00
S. Sivaraman31.88
Rodney & Ilene Standen10.00
Latha Suresh30.00
Other Donations38,658.75
Total 40,055.63
Kauai Aadheenam Annual Archana Fund
Aravindraj Chandrasekaran220.00
Kailash Sivam Dhaksinamurthi250.00
Other Donations44.49
Total 514.49
Hinduism Today Distribution Fund
Rita Balachander100.00
Rathi Devi Batumallah64.00
Veerasamy Batumallah50.00
Aravindraj Chandrasekaran154.00
Jane Claassen500.00
Balu Devado160.00
Chitravelloo Gunasegaran223.77
Mohana Sundari Gunasegaran21.58
Suguneswary Gunasegaran27.56
Tarakini Gunasegaran4.87
Tirunyanam Gunasegaran6.37
Starr Barrie-Hull172
Sanah Kameni31.58
Diksha Katir413.62
Ushadevi Katir622.60
Thavamalar Lingam78.65
Alistair McElwee200.00
Santha Devi Muniandy51.51
Logadasan Murugesu64.00
Nalakini Niranjana209.43
Govindamal Oyappan50.00
Kulamani (Roselia) Simon80.00
Lavanadevi Sivam210.00
Sivaneswaran Sockanathan31.00
Robert Sorrells108.00
Ganesammal Supiah70.50
Vivam V. Thillaikanthan50.00
Saroja Vasudevan10.00
Total3,765.04
Hindu Businessmen Association
Vel Alahan600.00
Paramaseeven Canagasaby13.46
Manogaran Mardemootoo139.92
Easvan Param254.36
Janaka Param18.00
Other Contributions12.50
Total1,038.24
Hindu of the Year Fund
Thamby Kumaran54.00
Boys School for Iraivan Priesthood
Indra Dhaksinamurthi15.00
Christian Langers100.00
Michael Pettingill390.00
Bala Sivaceyon52.22
Total557.22
Mathavasi Medical Fund
Gowri Nadason90.00
Matthew Wieczork40.00
Total163.00
Tirunavakkarasu Nayanar Gurukulam
Aran Sendan51.00
Subramuniya Ashram
Hitesvara Saravan108.00
Sri Subramuniya Kottam
Indra Dhaksinamurthi15.00
Andrew Schoenbaum20.08
Total25.08
Kumbhalavalai Ganesha Temple Fund
Indra Dhaksinamurthi30.00
Manoharan Navaratnarajah50.00
Total80.00
Hinduism Today Endowment Fund
Christian Langers50.00
Alistair McElwee200.00
Total250.00
Vishmata Gayatri Trust Fund
Starr Barrie-Hull73.00
Hindu Orphanage Endowment
Ajit S Adhopia82.16
Jane Claassen250.00
James H. Daugherty500.00
Starr Barrie-Hull20.00
Christian Langers100.00
Mani Nallasivan800.00
Elayne M. Neal25.00
S. Ramadurai10.00
Rajalakshmi Ramalingam50.00
Alex Ruberto30.00
Amba Sundari Siddhi20.00
S. Sivaraman63.75
Matthew Wieczork107.00
Total2,057.91
Sundari Peruman Memorial Fund
Markandeya Peruman100.00
Loving Ganesha Distribution Fund
Manoharan Navaratnarajah50.00
Matthew Wieczork30.00
Total80.00
Saiva Agamas Trust Fund
Matthew Wieczork84.00
Total84.00
Nepal Kumari Goddess Education Fund
Richard Stocker21.00
Thank You Gurudeva Fund
Florence Adams50.00
Hotranatha Ajaya7,000.00
Maria Cristina Berisso100.00
Stephanie Corgatelli100.00
James H. Daugherty1,000.00
Paul Yogananda DeSantis108.00
Hurditya Deva21.00
Amarnath Devarmanai216.00
Toshadeva Guhan20.16
Spencer Inman33.00
Emmaline B. Jordan102.00
Christian Langers150.00
Don Loshonkohl300.00
Manoharan Navaratnarajah100.00
Janaka Param401.00
Shanta Devi Periasamy230.00
Anonymous 50.00
Jutikadevi Raja1,008.00
Dwight W. Redfield500.00
Alex Ruberto25.00
Aran Sambandar30.00
Thavagnanam Sivagnanam500.00
Palaka Shivam2,500.00
Niraj Thaker11.00
Marianne Hvidsten Thompson500.00
Steven Trager15.00
Vayudeva Varadan42.00
Other Contributions5.00
Total15,117.16
Manitha Neyam Trust Fund
Thamby Kumaran108.00
Bala Sivaceyon15.66
Total123.66
Taos Hanuman Fund
Charlette A Smith50.00
Kapaleeshwara Temple Orphanage Fund
Vasudevan Jayanthi200.00
Jyothi Karuppiah10.00
Vellore B. Padmavathy150.00
Total360.00
Nadesan Family Fund
Sadhunathan Nadesan1,008.00
Thirunavukkarasu Nayanar Gurukulam
Aran Sendan51.00
Lakshmi Sivasurier65.73
Total116.73
PIF Trust
Saravanan Vadivelu Kalimuthu20.00
Gowri Nadason30.00
Satya Palani75.00
Barathy Sockanathan31.53
Jnanideva Shanmuga10.00
Total166.53

Total Contributions$66,500.70
Funds at Market Value December 31, 2000
Total Endowment Funds$3,242,108.50
Total Pooled Income Funds$189.082.41
Grand Total$3,431,190.9

MISSION STATEMENT

Hindu Heritage Endowment is a publicly supported, charitable organization recognized as tax exempt by the IRS on April 22, 1994. Employer ID 99-0308924. Founded by Satguru Sivaya Subramuniyaswami, its philanthropic mission is to provide secure, professionally managed financial support for institutions and religious leaders of all lineages of Sanatana Dharma.

PROFESSIONAL ADVISORS

Halbert/Hargrove, Investment Counsel; Sonoda & Isara, LLP, CPA. HHE is a member of the Council on Foundations, an association of more than 2,000 foundations which interprets relevant law and management and investment principles, and of the National Committee on Planned Giving, the voice and professional resource for the gift planning community.

I want to participate. Where should I Send My Donation?

You may send your gift to an existing fund, create a new Endowment or request information through the address below.

Donations may be made online at www.hheonline.org or use the HHE tear-out card in the HINDUISM TODAY magazine to join our family of benefactors who are Strengthening Hinduism Worldwide. Thank you.

 
Calendar

Nallur and Kathirgamam Festival at Washington Murugan Temple

Supports the annual Nallur and Kathirkamam festival at the Murugan Temple of North America.

Calendar

Nadesan Family Lord Muruga Shum Fund

Sponsors the annual Skanda Shashti celebrations at Kadavul Hindu Temple in Hawaii and more.

Calendar

Murugan Temple of North America Puja Fund

To insure the continuation of daily pujas at the Temple.

Calendar

Manjung Hindu Sabha Orphanage Fund

Provides support to this orphanage in Sitiawan, Malaysia

Planned Giving Guidance

The Power of Bequests: Making a Difference with the Stroke of a Pen

Use Giving Assistant to save money and support Hindu Heritage Endowment