THINLEY RINCHEN LING TRUST
To advance the Sakyapa School of Buddhism in general and in particular the spiritual authority of Karma Thinley Rinpoche and Lama Jampa Thaye as masters of the Sakyapa School of Buddhism and heads of the Thinley Rinchen Ling Association of Sakyapa Centres and of any future incarnations of the heads as identified by the present or future head of the Drolma Phodrang of the Sakyapa School of Buddhism
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position is stable and secure, with unrestricted reserves of £468,471 at the year end. The trustees consider the unrestricted cash funds of £92,125 to be sufficient to meet day-to-day requirements, noting that this exceeds their policy target of approximately three months' regular expenditure. The charity reported a net income surplus of £40,938 for the year, funded by donations and charitable activities, with no paid staff employed.
What the accounts disclose
“As a matter of policy, the Trustees intend to hold the amount of unrestricted reserves held in cash and cash equivalents at the level of approximately 3 months' regular expenditure.” — page 4
Trustees
- ANDREW MICHAEL GUTMANN
- BENJAMIN JAMES GOLDING
- Dr CARL ROGERS
- MICHAEL ARTHUR LUND
- MIRANDA MOORE
- PAUL GEE WAI HADDON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £75k | £34k |
| 31/12/2023 | £41k | £25k |
| 31/12/2022 | £27k | £20k |
| 31/12/2021 | £11k | £12k |
| 31/12/2020 | £13k | £16k |
Common questions
Is THINLEY RINCHEN LING TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position is stable and secure, with unrestricted reserves of £468,471 at the year end. The trustees consider the unrestricted cash funds of £92,125 to be sufficient to meet day-to-day requirements, noting that this exceeds their policy target of approximately three months' regular expenditure. The charity reported a net income surplus of £40,938 for the year, funded by donations and charitable activities, with no paid staff employed. Its FY2024 accounts were independently examined.