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HISTORY
With the Diamond Way Buddhism of the Karma Kagyu Lineage spreading in the West, a need emerged for a legal entity whose mission would be to provide support to individual projects and to protect the accumulated funds and property, namely by binding them to the values of the Diamond Way Buddhism of the Karma Kagyu Lineage. Therefore, the Nydahl Foundation was established at first, in 1996. The first project on which the Nydahl Foundation focused in 1997 was the purchase of land in Tenovice for the construction of a meditation and retreat centre.
 
With the development of relevant laws, it proved more convenient to transform the Nydahl Foundation into an endowment fund. Thus the Nydahl Endowment Fund was established in 1998. Under the name of the Nydahl Endowment Fund, the first land was bought in Tenovice in the same year.