Donations

Our community is based on dāna, the Buddhist principle of generosity. As part of spreading the Buddha's teachings, we think it's important that we run our centre on the basis of dāna and aim to inspire a culture of giving.

We charge minimal amounts for our activities which we're able to do because so many people generously give money and time to establish and maintain everything we enjoy at the Sydney Buddhist Centre.

This page provides an overview of our costs and income, for both the Sydney Buddhist Centre and Vijayaloka, as well as information about how to give.

Sydney Buddhist Centre and Vijayaloka Buddhist Retreat Centre are operated as one charity. As a registered charity, our full accounts are available from ACNC under The Triratna Buddhist Community (Sydney) Incoporated.

What It Costs

Average monthly costs January - June 2019.
$7,023
Staff

While most of our classes, courses and retreats are run by volunteers who aren't paid for the work they do, we employ a small team of 3 people to handle administration and bookkeeping.

$4,970
Mortgage repayments

While both our buildings are owned by us, only Vijayaloka is owned outright. This covers our mortgage repayments for the Sydney Buddhist Centre building.

$3,937
Building works, equipment, repairs and maintenance

Includes everything needed to keep the centre and Vijayaloka in good working order and looking beautiful. This includes repairs, new equipment and furniture, and pest control.

$1,499
Insurances, bank charges, legal and accountancy costs

Everything needed to be operating such as insurances, and fees for fire safety checks. It also includes the processing fees for donations made by card and other accounting costs.

$1,294
Utilities and care-taking

Includes all utilities like gas, electricity, garbage disposal, telephone, internet, etc. for both Sydney Buddhist Centre and Vijayaloka.

$579
Kitchen, office and shrine keeping supplies

Includes all our tea and biscuits, cleaning supplies, shrine keeping supplies like flowers, candles and incense, and office stationary and printing costs. Doesn't include retreat food which we take off retreat income.

$577
Connecting with the wider Triratna movement

Includes travel costs for our Chair to attends the international Chairs meeting, travel costs for overseas teachers (which is recuperated by retreats they lead), and a small amount given to help other Triratna projects.

$234
Advertising

Includes both online and print advertising which has proven effective for introducing new people to our activities.

Where It Comes From

The majority of our income comes from two sources: the generosity of people who come to the centre who donate either at classes or by regular monthly donations, and income from retreats at Vijayaloka.

We also make additional income from running courses, and from hiring out the centre for things like yoga and recovery groups, and renting out the flat above the it.

A small amount of additional income comes from bookshops sales and interest.

2017 2018 2019 (provisional figures)
Donations 77116.93 69403.2 71825.92
Retreats 94623.66 76035.94 108422.43
Courses 32637.09 41174.38 25558.31
Hireout & Rent 57493.14 55946.45 57290.5
Other 4750.17 3337.97 7273.33
Income from financial years ending June each year.

How You Can Help

Donations to the Sydney Buddhist Centre are very gratefully accepted. This helps us as a community to continue to offer our ongoing activities, including meditation instruction and encouragement to lead a creative and ethical life.

If you would like to provide support the best way to help is by giving regularly by direct debit. You can set up a monthly standing donation yourself using online or phone banking using these account details:

Account NameTriratna Sydney
BSB633-000
Account Number155877913

If you prefer to pay by credit/debit card, you can set up a payment through PayPal, or fill in a donations form and we'll set it up for you.

 

Other Ways To Give

There are many ways of practising generosity and we encourage you to give in ways appropriate to your circumstances and supportive of your growth and development. The practice of generosity frees us, so we encourage giving with a sense of lightness, connectedness and ease. If you would like to be involved or to know more, please contact us and we will be happy to help you help us.