Daifukuji Soto Mission Endowment
An endowment fund is a long-term investment in which the original donations (principal) remain untouched and invested, while only the earnings on that principal are used for specific purposes. The Daifukuji Soto Mission Legacy Endowment Fund Charter specifies that the sole purpose of the endowment's earnings are for the "preservation, maintenance and capital improvement of the Temple and its surrounding buildings and grounds." Contributions help fulfill these needs in a timely manner without undertaking major fundraising or depleting general operating funds.
Donations to the Legacy Endowment Fund are managed in strict accordance with the Temple's Investment Policy Statement, and overseen by investment professionals in First Hawaiian Bank's Trust Division. The Legacy Endowment Fund Board of Trustees provide another level of oversight in adherence to the Endowment's Investment Policy and Spending Policy.