Top: Group photo of visiting party and Surmang locals. Photo by Marvin Ross.

Left photo: 12th Trungpa Tulku, Chokyi Senge

Our Finances

2010

Konchok Foundation received total donations in 2010 of approximately $210,000 from more than one thousand donors. Approximately 60% of these donations were designated for earthquake relief for the disastrous Jyekundo earthquake. The great majority of the funds designated for earthquake relief had already been used by year-end to provide direct financial, food, and other aid to affected families. Approximately $85,000, including some funds held over from 2009, was directed to the Surmang shedra construction in 2010. Additional funds were expended for the children's educational program at Surmang. Some support was provided to monks and nuns and to Trungpa XII Rinpoche. Administrative and other expenses in North America amounted to less than $15,000 for the year.

2009

Approximately $70,000 in donations from approximately 250 donors was received in 2009.  The principal use of these funds was to support construction of the Surmang shedra, however, the pace of work on the shedra was considerably slower as compared to prior years and some resources were conserved for use in 2010.  Some support was provided to Trungpa XII Rinpoche and to monks on retreat.  Administrative and other expenses in North America amounted to approximately $10,000 for the year.

2008

Approximately $135,000 in total donations were received from hundreds of donors in 2008.  The principal use of these funds was to support the construction of the Surmang shedra, plus educational and other expenses for Trungpa XII Rinpoche and monks at Surmang.  A modest amount was provided for construction at Wayen in eastern Tibet.  Administrative and other expenses in North America were less than $20,000, representing a slight reduction in those expenses compared to 2007.

2007

Many hundreds of donors contributed approximately $230,000 to the Konchok Foundation in 2007.  By far the largest use for these funds was construction costs for the Surmang shedra (school) in eastern Tibet.  Additionally, funds were sent to Tibet for educational and related construction at Wayen in eastern Tibet, for support for the education of the future main teacher at Surmang—the 12th Trungpa—and for support of monks.  Administrative and other expenses in North America represented less than 10% of total expenditures.

2006

More than six hundred donors contributed a total of more than $225,000 to the Konchok Foundation in 2006.  The great majority of these funds were sent to Tibet to pay for construction of the Surmang shedra (school).  Konchok Foundation has also been providing financial support annually in Tibet for the young Trungpa XII Rinpoche.  Administrative and other costs in North America represented slightly more than 10% of the total expenses in 2006.  The Konchok Foundation has no endowment and relies upon the ongoing generosity of donors to be able to provide financial support to projects in Tibet.  

More than $200,000 in donations were contributed in 2005, with the great majority of those funds having gone to the Surmang shedra.  Approximately $100,000 was sent to Tibet for the Surmang shedra in 2004, the first year of construction on the shedra.

2005

More than $200,000 was raised in 2005, the great majority of which was sent to Tibet to pay for construction of the Surmang shedra. Some support was also fowarded for the Trungpa Tulku, the monks on retreat at Surmang, and monasteries connected to Mipham Rinpoche in Wayen and Golok

2004

In 2004, $97,000 was sent to Surmang by the Konchok Foundation to pay for the first season of construction on the Surmang shedra. Additionally, $10,000 was provided for support of Trungpa XII Rinpoche.  Of the total Konchok Foundation expenditures for the year, only 3% was used for foundation overhead costs.  Donations for the shedra project came from hundreds of sangha donors, including donations made inconjunction with Sakyong Mipham Rinpoche's marathon runs in Big Sur and Edmonton, and also with an art auction in Boulder.