An endowment fund is an investment fund established for the purpose of supporting a charitable foundation. Among its many advantages as a philanthropic vehicle is the expansive time frame which enables it to plan for the years and decades ahead. This means it can take advantage of financial markets, and their own cycles, deploying capital at the most opportune moments. Similarly, when it comes to assigning generated returns to specific causes, it can undertake lengthy research, thoroughly assessing a project’s viability, instead of investing its money in a hasty or ill-advised way.
WHAT IS AN
Endowment Fund?
The Dharma Endowment Fund was launched in large part to address a shortfall in Vedic philanthropy when compared to charitable ventures run by Islamic and Christian organisations. The latter two groups have proven considerably more successful in funding faith-based initiatives, supporting their cultural heritage over the long term. Until now there has been no centralized impact fund that seeks to support global Dharmic initiatives employing proper governance, oversight, reporting, and impact measurement. Sadly, a number of like-minded programs have lacked the holistic perspective and structural integrity that would have equipped them for lasting success. For that reason, the impact of these schemes ultimately proved short-lived, representing a squandered opportunity, despite their best intentions.
WHAT MAKES
Dharma Endowment Fund
DIFFERENT?
Having an impact on a significant scale, beyond a single project, requires a measured strategic approach for which an endowment fund is ideally suited. Even more so when the team behind it has many decades of highly-relevant experience, is fully committed to its vision, and meticulous in its planning. Having assembled a team of this same calibre, we aim to establish a virtuous circle of capital appreciation and targeted disbursement which can operate in perpetuity. A highly unified approach which will see the fund prosper – as with the faith-based initiatives it sponsors – as both expand year on year.
IMPACT & SIGNIFICANCE
Responsible for asset allocation, stock selection, and evaluation of co-investment opportunities through the lens of long-term capital appreciation within our risk-management framework.
Investment Committee
Concerned with the day-to-day running of the fund, this team facilitates its smooth running and sees to the measured expansion of its capabilities.
Operational Committee
This committee’s role is to determine the most impactful and strategic allocation of returns generated.
Disbursement Committee
The committee is focused on engaging with potential donors, companies, trusts, and governing bodies in order to consolidate the fund’s capital base while seeking other growth opportunities.
Fundraising Committee
The Dharma Endowment Fund is promoted, managed, and advised by leading industry experts, high net worth individuals, and top-performing investors, all actively involved in the core committees which form its central governance structure as outlined below.
COMMITTEES
RISHI SINGH
Rishi Singh is a Portfolio Manager at global macro hedge Fund, having spent 7 years focusing on Global Emerging Markets. Previously, he worked at Morgan Stanley for 10 years and holds a first-class honours degree in Mathematics and Economics from the LSE.
ROSHAN PATEL
Roshan Patel has been a Portfolio Manager at a US-based hedge fund since 2011. He previously worked at Morgan Stanley as an Executive Director in their Interest rates business., and graduated with a first-class honours degree in Mathematics from the University of Cambridge.
KISHAN PAUN, CFA
Krishna Sakha is a Fixed Income analyst at a leading London-based fund. Having extensive knowledge of ESG, he has worked previously at the Bank of England and Aberdeen Asset Management. Krishna graduated with an honours degree in Investment Management from Cass Business School.
The Dharma Endowment Fund is promoted, managed, and advised by leading industry experts, high net worth individuals, and top-performing investors, all actively involved in the core committees which form its central governance structure as outlined below.
BOARD MEMBERS
