THE YOGA OF MONEY: How the Ashram's Finances Work
By Rob Gold & Swami Nirmalananda
As a not-for-profit organization, the Ashram is committed to offering teachings free of charge, both in person and through our Virtual Ashram through our website, E-Quotes, telephone satsangs and more. It is your generosity that makes these free services possible. Our fundraising campaigns and the many continuing donations provide over one-third of our financial support, which takes financial pressures off Swamiji so she can focus on teaching. In addition, many sevites are offering important support that helps keeps our budget low.
We do offer programs with tuition: year-long programmes, weekends, retreats and professional trainings. In addition, these are held in a retreat facility, hotel or conference center, thus you also cover the costs of your housing and meals. These also contribute to the Ashram’s financial profile, yet their primary purpose is to provide in-depth teachings and experiences to yogis who want to attain the highest as well as to share it with others.
In addition, our satsangs are in-person or phone events lasting an hour or two. There are no room and board costs associated with these events and there is no tuition for any of them. We continue to provide an extensive calendar of free programming and are grateful for your loving gifts and continuing support which make this possible.
As long as the Ashram is supported by the community in this way, teachings will continue to be offered for free. This is consistent with the ancient model from India, where the teachings support the students and the students support the teacher. Donations are gratefully accepted at these and all other programs we offer as well as any time you feel the impulse of generosity arising inside. Our Board carefully manages all revenues, making sure our services to you are our highest priority. Your gift qualifies as a tax-deductible donation.
Ashram residents pay their personal rent, like anyone who is renting a room in someone's home. Our residential neighborhood has special zoning considerations that allow this to happen. In addition, we have many bookstore offerings, of which a small portion of their sales contributes to the Ashram's financial profile.
In addition, we are committed to continuing our charitable projects. The Ganeshpuri Music School offered five years of success, teaching over 300 villagers weekly in both classical Indian music and dance. .
You are invited to read Swamiji's series of articles on "The Yoga of Money" - click here.
OM svaroopa svasvabhavah namo namah