about-plannedgiving-heroimage

The Himalayan Institute relies on the generosity of its members and donors to fulfill its mission. We need your ongoing support to extend our mission of healing and empowerment. We invite you to leave a legacy for future generations by establishing a planned gift to the Himalayan Institute.

We hope this information is helpful to you as you consider a gift to the Himalayan Institute, and we look forward to hearing from you.

about-plannedgiving-gregcapitoloFor more information on giving to the Himalayan Institute, contact:

Greg Capitolo, Treasurer
Himalayan Institute
952 Bethany Tpke
Honesdale, PA 18431 USA
(570) 647-1516
gcapitolo@himalayaninstitute.org

Do you want to…

I Want to Have an Impact Now

The Himalayan Institute is happy to accept outright gifts of cash, securities, life insurance, and other cashlike instruments. Giving these today can help contribute to our ongoing operational costs and fuel the expanding scope of our worldwide humanitarian work.

Making Outright Gifts

Outright, immediate gifts are those made to the Himalayan Institute today. These gifts help us to address our most pressing needs and to take advantage of unexpected opportunities to spread our mission.

The Himalayan Institute accepts outright gifts through a variety of payment methods. Mechanisms for contributing cash today include:

  • To make a gift now via our online payment portal, click here.
  • Send a check or money order payable to “Himalayan Institute” to:
    Himalayan Institute
    952 Bethany Tpke
    Honesdale, PA 18431 USA
  • Call us at (570) 253-5551 or (800) 822-4547 and make a donation over the phone.
Types of Gifts

If you are considering a gift other than cash, please contact Greg Capitolo at 570-647-1516. We are happy to help you with other gifts, including but not limited to stocks, bonds and closely held stock. For donations of real estate and tangible personal property, please ask for a copy of our Gift Acceptance Policy. Please note that the Himalayan Institute considers gifts of real estate and personal property on a case-by-case basis driven by the needs of the institution.

Matching Funds

When choosing an outright donation, your employer may offer to match your contribution. Matching funds can often double—and sometimes triple—the value of your donation to the Himalayan Institute at no cost to you. The Himalayan Institute is happy to accept matching donations. Check with your employer as to whether they offer this generous option.

I Want to Have an Impact Later

If you look forward to giving in the future, consider bequeathing your assets to the Himalayan Institute when you pass. This can be done in the form of bequests in a will or naming the Himalayan Institute as a beneficiary of retirement benefits or life insurance policies.

Writing the Himalayan Institute into your last will and testament or naming the Himalayan Institute as a beneficiary is an easy way to give to the mission of the Institute without affecting your current financial situation. The following language can be included in your bequest or beneficiary designation in order to benefit the Himalayan Institute:

To Bequest Your Assets to the Himalayan Institute
  • For residual gifts—those that come after estate expenses and specific bequests are paid:
    “I give and devise to the Himalayan Institute, located in Honesdale, PA, [all (or state a percentage)] of the rest, residue and remainder of my estate, both real and personal, to be used for [its general support (or for the support of a specific fund or program)].”
  • For specific gifts—those that designate bequest of a particular amount of money:
    “I give and devise to the Himalayan Institute, located in Honesdale, PA, [the sum of $__] to be used for [its general support (or for the support of a specific fund or program)].”
  • For naming the Himalayan Institute as a contingent beneficiary—one that gains if specific bequests cannot be fulfilled:
    “If [other beneficiary] is not living at the time of my demise, I give and devise to the Himalayan Institute, located in Honesdale, PA, the sum of [$__ (all or a percentage of the residue of my estate)] to be used for its [general support (or for the support of a specific fund or program)].”

Please note that the Himalayan Institute welcomes bequests of cash and cash-like instruments (e.g.,
appreciated securities, closely-held stock). However, our Gift Acceptance Policy limits acceptance of gifts of real
estate and personal property and considers these gifts on a case-by-case basis. If you are considering
bequeathing the Himalayan Institute a non-cash gift, please review our policies on accepting real estate and
personal property.

To Name Himalayan Institute as a Retirement or Life Insurance Beneficiary
  • For use on retirement account beneficiary designation forms (e.g., IRA, 401(k), QRP):
    “I designate that upon my death (or the death of my spouse), [$__ (or ___%)] of my IRA account be distributed to the Himalayan Institute, a non-profit organization in Honesdale, PA. Funds distributed from my IRA shall be used for [its general support (or for the support of a specific fund or program)].”
  • For use on life insurance beneficiary designation forms:
    “I hereby name the Himalayan Institute as the beneficiary of my [name of insurance company], [Policy #______] with a face value of [$__]. I designate that upon my death, the proceeds will be distributed to the Himalayan Institute. This gift shall be for the further benefit of the Institute. Funds distributed from this life insurance policy shall be used for [its general support (or for the support of a specific fund or program)].”

Whether you are considering a bequest or want to designate the Himalayan Institute as a beneficiary, we are happy to hear of your intent and to provide all the assistance we can. Further, being informed of your intent to give helps us keep track of our status against fundraising goals. Thus, please do not hesitate to contact Greg Capitolo at (570) 647-1516 to inform us of your bequest and to request any assistance you may need.

As with any decision involving your assets, we urge you to seek the advice of professional counsel when considering a gift to the Himalayan Institute.

I Want to Give Real Estate or Personal Property

Real Estate

Policy on Real Estate
The Himalayan Institute considers gifts of real estate on a case-by-case basis driven by the needs of the institution. Because non-cash gifts can be complicated and time-consuming for both you and the Himalayan Institute staff, we consider the value of the donation versus the investment needed before accepting these gifts. Our goal in formally reviewing gifts of real estate is to accept those donations that contribute towards our mission while being good stewards of the time and resources we have.

Gifts of Real Estate
To determine whether a gift of real estate is beneficial to both you and the Himalayan Institute, we may consider:

  • the fair market value of the property
  • the marketability of the property
  • potential liability for environmental risks associated with the property
  • the existence of restrictions, reservations, easements, and other limitations
  • the existence of encumbrances such as mortgages and mechanics liens
  • carrying costs, such as property owners’ association dues, taxes and insurance
  • the usefulness of the property for the Himalayan Institute’s purposes

The process of consideration begins with an initial discussion of these factors. To this end, the Himalayan Institute may ask for the following information in order to consider acceptance of a gift of real estate:

  • a title insurance commitment showing marketable title in the donor, free and clear of unacceptable encumbrances, issued by a reputable title insurance company
  • an appraisal by a qualified appraiser (see discussion below) dated no more than 60 days prior to the date of the donation
  • a phase one environmental audit by a qualified engineer indicating that ownership will not expose the Himalayan Institute to environmental liabilities
  • at the election of the Himalayan Institute, a market feasibility study for the property
  • survey of the property by a registered land surveyor, typically a member of ALTA (American Land Title Association)
  • evidence of compliance with ADA (Americans with Disabilities Act) (when applicable)
  • a structural engineering report (when applicable)
  • a review of leases (for commercial property)
  • a disclosure statement for residential property (when applicable)

Please note that submission of this documentation is not tantamount to acceptance of the gift; acceptance still requires the review and assent of our staff.

Appraisals
All appraisals of real property contributed to the Himalayan Institute shall be done in accordance with IRS Publication 561, “Determining the Value of Donated Property.” A real property valuation should be prepared by an MAI (Member of the Appraisal Institute) appraiser. The responsibility for expenses incurred to obtain an appraisal shall be determined on a case-by-case basis.

If you are interested in starting the conversation about donating real estate (either via outright donation, a bequest, or retained life estate), please contact Greg Capitolo, Treasurer, at (570) 647-1516 to continue the conversation.

As with any decision involving your assets, we urge you to seek the advice of professional counsel when considering a gift to the Himalayan Institute.

Personal Property

Policy on Personal Property
The Himalayan Institute considers gifts of personal property on a case-by-case basis driven by the needs of the institution. Because non-cash gifts can be complicated and time-consuming for both you and the the Himalayan Institute staff, we consider the value of the donation versus the investment needed before accepting these gifts. Our goal in formally reviewing gifts of personal property is to accept those donations that contribute towards our mission while being good stewards of the time and resources we have.

Gifts of Personal Property
The Himalayan Institute will consider gifts of tangible personal property, including but not limited to, works of art, manuscripts, literary works, boats, livestock, motor vehicles, and computer hardware. This property will be accepted as a donation only after a review indicates that the property is readily marketable, and free and clear of encumbrances or that the property is needed by the Institute for use in a manner which is related to its mission.

To determine whether a gift of tangible property is beneficial to both you and Himalayan Institute, we may consider:

  • the fair market value of the personal property
  • the marketability of the personal property
  • any undue restrictions on the use, display or sale of the personal property
  • carrying costs, such as insurance, lease space, or maintenance to preserve value
  • the usefulness of the property for the Himalayan Institute’s purposes

The process of consideration begins with an initial discussion of these factors. To this end, the Himalayan Institute may ask for the following information in order to consider acceptance of a gift of personal property:

  • a brief physical description of the donated asset, including an explanation of the method used to determine the fair market value
  • a copy from a third-party source establishing the fair market value, such as a manufacturer’s or distributor’s catalog listing or an independent publication of value, but if such a third-party source is not available, then the Himalayan Institute may require an appraisal

Please note that submission of this documentation is not tantamount to acceptance of the gift; acceptance still requires the review and assent of our staff.

Appraisals
All appraisals of personal property contributed to the Himalayan Institute shall be done in accordance with IRS Publication 561, “Determining the Value of Donated Property.” Personal property should be appraised by a qualified appraiser acceptable to the donor and the Institute. The responsibility for expenses incurred to obtain an appraisal shall be determined on a case-by-case basis.

If you are interested in starting the conversation about donating personal property (either via outright donation or a bequest), please contact Greg Capitolo at (570) 647-1516 to continue the conversation.

As with any decision involving your assets, we urge you to seek the advice of professional counsel when considering a gift to the Himalayan Institute.

I Want to Learn More About Giving

Resources for Donors

General Orientation to Gift Planning

  • Planned Giving 101
    A general education website that reviews commonly asked questions about planned giving and includes a glossary of planned giving terms. Published by the Central Ohio Planned Giving Council.

Taxation Considerations
Though the general Internal Revenue Service website will point you in the right direction to answer your questions, the following publications and forms are most likely to be useful to you and your financial advisor in understanding the tax implications of a donation.

back to top ▲

Philosophy of Giving

The Himalayan Institute relies on the generosity of its donors to fulfill its mission. Since its inception in 1971, the Himalayan Institute has been at the leading edge of personal and social transformation. In our early years, when yoga in the West was in its infancy, it was the selfless generosity of our donors that enabled us to build a strong foundation for the Institute.

Today, your generosity empowers the Institute to continue to innovate and offer the world high-impact, revolutionary programs. Donor support gave us the strength to conceive and implement many of the offerings we hold so dear—projects like Yoga International magazine, PureRejuv Wellness Center, HI Allahabad spiritual retreat center in India, and the numerous humanitarian projects we’ve undertaken over the decades including Himalayan Institute community centers in Africa, Mexico and Tibetan refugee settlements.

Giving to the Himalayan Institute is a high-impact way you can put your ideology into practice and leave a legacy for future generations. We invite you to join us in serving a tradition that has served the world selflessly for untold ages. At this turning point in human consciousness, we need your help in extending our mission of healing and empowerment.

Your generosity empowers us to continue discovering new means to share the wisdom of the Himalayan Tradition, and inspire a global movement of spiritually-grounded transformation. We invite you to give to the Himalayan Institute and to Share, Serve, and Make a Difference.

back to top ▲

Impact of Giving

Over the last 40 years, the Himalayan Institute has touched the lives of millions around the world. Our donors and members have helped make this possible. In the last 40 years, you have bestowed your generosity upon the Institute by giving over $15 million, helping establish the Himalayan Institute as a world-leader in spirituallygrounded transformation.

In the past ten years alone, the Himalayan Institute donors have generously given over $6 million. Here are a few of the key achievements your generosity has helped us achieve in the past decade:

back to top ▲

Humanitarian Projects

Tibetan Refugee Energy Farming programs
In partnership with the Tibetan government-in-exile, the Himalayan Institute has implemented large-scale community tree plantation programs in several Tibetan refugee settlements in South India. Over 25,000 trees have already been planted, and several training and demonstration centers for sustainable tree planting have been established.

Himalayan Institute Mexico—Energy Farming program
Himalayan Institute Mexico is the Institute’s newest international center, and home to an energy farming training and demonstration center teaching local farmers organic, sustainable farming techniques and herbal cultivation.

Himalayan Institute Cameroon, West Africa—Community Center & Humanitarian Projects
The Institute’s flagship humanitarian project, Himalayan Institute Cameroon is home to five major humanitarian programs, including the Total Health Center, Kumbo Public Library and vocational training schools, impacting the lives of hundreds of thousands in the region.

back to top ▲

Educational & Spiritual Offerings

Himalayan Institute Allahabad, India
A beautiful 30-acre campus situated on the banks of the river Ganga, this center hosted the Maha Kumba Mela in 2001 and 2013. It has also hosted teacher training programs, spiritual excursion workshop intensives, and oversees a village schools sponsorship and scholarship program.

Himalayan Institute Khajuraho, India
Khajuraho is the Institute’s premier spiritual retreat center in North India. Surrounded by hills and forest preserves, it is the ideal environment for sadhana. Located at the heart of this idyllic setting you will find the Sri Vidya Shrine, a sublime space for meditation and practice.

Himalayan Institute USA Programs Financial Aid
Since its inception, the Himalayan Institute has extended financial aid and scholarships so deserving students can benefit from our educational and spiritual programs.

Specialty Educational & Spiritual Programs
Sacred Link public lecture series (2001-2005) and conferences, Maha Kumbha Mela 2001, spiritual excursions, Living Tantra. These unique offerings wouldn’t be possible without donor support.

Yoga International & Himalayan Institute Press Publications
In the past decade, Himalayan Institute Press has continued its legacy of sharing the timeless wisdom of the Himalayan Tradition through the publication of 55 issues of the Yoga International magazine (now YogaInternational.com) and over 30 books including At the 11th Hour, Touched by Fire, and Pursuit of Power and Freedom by Pandit Rajmani Tigunait, Ph.D., and most recently Radical Healing Second Edition by Rudolph Ballentine, MD

back to top ▲