"In this place, Sravasti Abbey, may many, with great kindheartedness, ...observe ethical discipline, develop concentration and seek knowledge and understanding."
- Geshe Sonam Rinchen



Offerings Gathered:
Taking Delight in Giving

Financials

Sravasti Abbey exists solely on the offerings of kind supporters. More than 1000 donors from 21 countries made contributions to support the Abbey's programs and the "Step Towards Peace" building project last year.

You'll find "Step Towards Peace" project expenditures, updated regularly, on the Project Budget page. You can download the 2008 Annual report here.

All the activity of operating and maintaining the Abbey is offered by residents and volunteers. Because monastics live simply and have few possessions, the costs for maintaining the community remain relatively low.


2008 Financial Activity

Income

     General support

$104,078
      In-kind support
$ 28,000
      Capital campaign support
$650,465
Total Income
$782,543
Use of Resources
 
      Building project
$549,388
      Monastic programs
$ 22,390
      Monastic requisites
$ 69,375
      Inviting Generosity/Admin
$ 19,296
Total
$660,449

              

Leah Kosik, CPA, heads the volunteer Financial Team for Friends of Sravasti Abbey. Leah is the Finance Manager for WithinReach, a private nonprofit organization serving maternal, child and family health in Washingtion State. Prior to that, she was with Jacobson Jarvis & Co. for twelve years. Her work included evaluating the accounting function of of nonprofit organizations and analyzing control integrity. She has served as the Abbey's volunteer finance manager since its founding.

Statement of Financial Position
Statement of Activities
2008 Annual Report


View our Guidestar profile for more on our
financial information.