Trustees’ Annual Report for the period
From 03.07.2021 Period start date To 02.07.2022 Period end date
Charity name: Foundation for the Preservation of Yungdrung Bon
Charity registration number: 1173639
Objectives and Activities
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SORP reference
Summary of the Para 1.17 To advance the education of the
purposes of the charity public in general on the subject of
as set out in its Yungdrung Bon; to promote research
governing document for public benefit into all aspects of
that subject and to publish the
outcomes of such research and
teaching; to ensure the teachings of
Yungdrung Bon are preserved in the
world.
Para 1.17 and -
Summary of the main In response to the outbreak of war
1.19
activities in relation to in Europe, we published a prayer
those purposes for the for peace and also a short
public benefit, in teaching by the spiritual head of
particular, the activities, our tradition on the importance of
projects or services praying for peace.
-
identified in the One way we seek to preserve the
accounts. teachings and traditions of
Yungdrung Bon is by marking
significant anniversaries of great
teachers. FPYB provides brief
articles detailing their life stories.
These are uploaded on the
website, shared on relevant
Facebook pages and sent out to
all those on our email list.
-
The publication of a short
compilation of teachings by
Yongdzin Lopon Tenzin Namdak
Rinpoche, Correcting Erroneous
Views of Dzogchen .
-
3 compilations of prayers have
been made freely available via our
website, in both Tibetan and
English.
-
This year one of our founding
members represented the Bon
tradition at an international
conference organised by Hamburg
University. His presentations, with
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slides, have been uploaded on our
YouTube channel as well as our
website. They have also been
translated into Chinese and are
stimulating lively interest in
China.
-
In November, our Director, Dmitry
Ermakov, was invited to give a
lecture to the St. Petersburg
Philosophers’ Circle. This was
recorded, and has been uploaded
onto our YouTube Channel and
website.
-
Articles published by FPYB have
been translated into Russian and
made freely available on the
internet.
- One book has been translated into
Japanese and published in Japan.
-
At the beginning of this year, we
transcribed, edited and published
a short lecture given by the
Meditation Master in Triten
Norbutse, Kathmandu. All
proceeds from sales are donated
directly to the monastery building
fund.
Statement confirming Para 1.18 All Trustees hereby confirm that they
whether the trustees have had due regard to the guidance
have had regard to the issued by the Charity Commission on
guidance issued by the public benefit.
Charity Commission on
public benefit
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Additional information (optional)
You may choose to include further statements where relevant about:
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SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social
investment including
program related
investment
The Foundation is staffed solely by a
Para 1.38 handful of volunteers. Their work
Contribution made by includes translating texts from
volunteers Tibetan to English; translating FPYB
publications from English to other
languages; layout and design of
publications; coordinating fund-raising
campaigns; accounting; managing
social media and FPYB website;
replying to emails; all legal matters,
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including ensuring FPYB publications are not spread on unsanctioned websites.
Other
Achievements and Performance
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SORP reference
-
Several articles and teachings on
key tenets and sages of
Yungdrung Bon made freely
Summary of the main available in several languages;
Para 1.20
achievements of the - 3 prayer compilations made freely
charity, identifying the available, a source of solace and
difference the charity’s inspiration in the ongoing troubled
work has made to the times.
circumstances of its - 1 book of study materials for
beneficiaries and any advanced students published.
wider benefits to society There is a lack of serious
as a whole. materials in English and this book
is an indispensable study aid to
many.
-
1 book containing an in-depth
explanation of an ancient
meditation technique published
for the wider public. This is the
first time this technique has been
taught so extensively in English
and will be an invaluable manual
to many.
-
In response to requests from
people living in parts of Africa,
Latin America and Russia where
postal deliveries are unreliable,
we have made one of our most
popular publications available as
an eBook.
-
This year we donated almost one
third of our revenues from book
sales to the main Bonpo
monastery in Nepal, Triten
Norbutse, for their ongoing
building project to provide better
living quarters, classrooms and a
temple for the monks and nuns.
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Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set
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Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 At the end of this financial period,
financial position at the FPYB funds are down by £302, with
end of the period £444 held in FPYB Paypal account and
£3,779 held in FPYB current account.
Statement explaining the Para 1.22 FPYB does not have a reserves policy
policy for holding as we are such a small CIO.
reserves stating why
they are held
Amount of reserves held Para 1.22 N/A
Reasons for holding zero Para 1.22 N/A
reserves
Details of fund materially Para 1.24 N/A
in deficit
Explanation of any Para 1.23 N/A
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted
A description of the Para 1.46 principal risks facing the charity Other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25 Constitution
document
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 (from our Constitution)
methods including 10. Appointment of charity
details of any trustees
constitutional provisions
1) Appointed charity trustees
e.g. election to post or
a) Apart from the first
name of any person or
charity trustees, every
body entitled to appoint
one or more trustees appointed trustee must
be appointed by a
resolution passed at a
properly convened
meeting of the charity
trustees.
b) In selecting individuals
for appointment as
appointed charity
trustees, the charity
trustees must have
regard to the skills,
knowledge and
experience needed for
the effective
administration of the CIO.
11. Information for new charity
trustees
The charity trustees will make
available to each new charity trustee,
on or before his or her appointment:
a) a copy of the current version of
this constitution; and
b) a copy of the CIO’s latest
Trustees’ Annual Report and
statement of accounts.
12. Retirement and removal of
charity trustees
1) A charity trustee ceases to hold
office if he or she:
a) retires by notifying the
CIO in writing (but only if
enough charity trustees
will remain in office when
the notice of resignation
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takes effect to form a quorum from meetings);
Additional information (optional)
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name Foundation for the Preservation of Yungdrung Bon
Other name the charity FPYB
uses
Registered charity 1173639
number
Charity’s principal 3, Low Bishopley Cottage,
address Frosterley,
Bishop Auckland.
County Durham.
DL13 2SR
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Dmitry Ermakov Chair
2 Paola Malatesta Until 01.02.2022
Dominique
3
Troulay
Zeyno Argyen From 15.02.2022
4
Dodd
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for
whole year
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Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Dmitry Ermakov Position (eg Chair Secretary, Chair, etc)
Date 26/07/2022
CHARITY COMMISSION FOR £NGiANO AND WALES n F- Bc IlTr8fo2q Receipts and payments accounts CC16a F¢x th• wlod from To OI-OFIZ Section A Receipts and payments Unrnstriet•d funds Restricted fvnds Endowm•nt funds Total funds Last ar th• r•St £ knth• n•ar•¥t£ knth• fi••t£ toth• hwr••t¢ to th• r¥wut¢ A1 R•c•l c, i.IL rvss Income AR) Iqgik Iq54 A2 A•••t •nd Inwstm•nt Ml•, t•bl•l. Iq,T4 fjzlb A3 P• m•nts ¢ Sub total }?S A4 A•••t and Inv••1fft urch•• •tsbl• Sub tot•1 ITr Net of recelptsl(payments) A5 Trnnsf•r• ts•kn•n funds A8 Cash funds last y•ar •nd Cash funds thi$ Ond ') ts CCKX R1 ac¢ounls ISS)
Section B Ststement of assets and liabilities at the end of the period Unrestricted funds lo n••mstt Reslrirted funds lo n••r¢st£ Endowmtrnt funds to rth1re5tÉ B1 Cash lunds ECL- c Ic(. 377q Ltr Total c•sh funds ti2 fvnd• fund• fund• lo nMrnste Details Fumd Details C¢1 lopuomffr 83 Inv••tm•nt a•••l8 Fund to CoJtloptrxl Curr•rtv4lu• B4 Assets retalnfjd for tho ¢hirfty'• own use Fund lo Arnountdu• DÈtails BS Uabllttlo• bohalf of 811 Ihe trustees &gn•tur• Print Nam• Date of roval tmir fik CCKX R2 8CLThxls ISSI