Mayapur Vrindavan Trust (MVT) was personally established by His Divine Grace AC Bhaktivedanta Swami Prabhupada ("Srila Prabhupada"), the Founder Acharya of the International Society for Krishna Consciousness (ISKCON).
Srila Prabhupada demonstrated the importance he placed in the Trust by depositing the majority of his personal Guru-daksina (donations given to him personally by his disciples and well-wishers) into the MVT account. One of his early MVT investments was the first MVT apartment building next to ISKCON of Los Angeles.
Srila Prabhupada mentions in the original MVT Trust Deed that MVT should serve Their Lordships Sri Sri Krishna Balaram (ISKCON Vrindavan) and Sri Sri Radha Madhava (ISKCON Mayapur). During the earliest years, Srila Prabhupada used the corpus (consisting of his Guru Dakshina) to finance various new ISKCON temples and his other projects in India and globally.
MVT continues till today in this mood - donating to ISKCON and ISKCON-associated projects and growing the corpus through conservative real-estate linked projects.
MVT generates income through properties and invests that income in further devotional projects, as well as maintaining a corpus and donating largely to ISKCON India and other ISKCON entities globally.
MVT will continue to build on Srila Prabhupada's legacy by conservatively managing his Guru Dakshina funds. MVT was established with the concept of future-readiness - and it's in that mood with which the Trustees manage MVT today.
Mayapur Vrindavan Trust (MVT) was personally established by His Divine Grace AC Bhaktivedanta Swami Prabhupada ("Srila Prabhupada"), the Founder Acharya of the International Society for Krishna Consciousness (ISKCON).
Srila Prabhupada demonstrated the importance he placed in the Trust by depositing the majority of his personal Guru-daksina (donations given to him personally by his disciples and well-wishers) into the MVT account. One of his early MVT investments was the first MVT apartment building next to ISKCON of Los Angeles.
Srila Prabhupada mentions in the original MVT Trust Deed that MVT should serve Their Lordships Sri Sri Krishna Balaram (ISKCON Vrindavan) and Sri Sri Radha Madhava (ISKCON Mayapur). During the earliest years, Srila Prabhupada used the corpus (consisting of his Guru Dakshina) to finance various new ISKCON temples and his other projects in India and globally.
MVT continues till today in this mood - donating to ISKCON and ISKCON-associated projects and growing the corpus through conservative real-estate linked projects.
MVT generates income through properties and invests that income in further devotional projects, as well as maintaining a corpus and donating largely to ISKCON India and other ISKCON entities globally.
MVT will continue to build on Srila Prabhupada's legacy by conservatively managing his Guru Dakshina funds. MVT was established with the concept of future-readiness - and it's in that mood with which the Trustees manage MVT today.