Progress Report 2010-2014
Te new Subud Washington DC Center Main focus of activities and achievements
Members of Subud Durham, NC in front of their new Subud House.
In 2013, the Muhammad Subuh Foundation and latihan premises so that members can worship the chairperson of the World Subud Association, God freely. In addition, MSF supports Internation- asked Ibu Rahayu, who had been an MSF trustee, al helpers travel to groups to ensure that groups for advice. Ibu Rahayu’s written reply covered a follow the latihan in the right way. And, if it has broad range of topics including the roles and re- the means, it supports the Wings.” Ibu Siti Rahayu, sponsibilities of each organization. Pamulang, March 21, 2013.
“MSF is a vehicle for holding and maintaining Sub- Three months later, at the MSF and the WSC annual ud assets and for receiving donations and be- meetings in Poio, Spain, the MSF trustees together quests from members and enterprises for Subud’s with the WSA board of directors, reviewed and ad- long-term stability and security. MSF focuses on opted MSF’s mission and priorities. They are: supporting Subud groups round the world to own
1. Maintaining and holding assets (physical and financial) 2. Receiving donations and bequests 3. Supporting Subud groups to own latihan premises 4. Supporting International Helper travel to Subud groups around the world 5. Supporting the preservation of Bapak’s and Ibu Rahayu’s talks 6. Supporting the growth of the wings
2 Maintaining and Holding assets
Financial portfolio
2008 2009 2010 2011 2012 2013 The value of MSF’s actively managed investment Cumulative appreciation of the investment portfolio portfolio at 31 December 2013 was $2,585,001 over the past four years was 22.3%, with an average with a total return for the year of 8.0%. annual performance since 1 January 2010 of 5.2%.
Funds Fair Value Permanently Distributable restricted 2014 1/1/10 12/31/13
Bapak Legacy Fund 389,060 895,676 792,944 36,000 Farkas Fund 440,701 539,167 460,000 28,000 Parker Fund 67,762 82,272 75,000 5,000 Total Endowment Funds 897,523 1,517,115 1,327,944 69,000 Temporarily Restricted 264,032 84,684 General Fund 2,342,462 1,781,066
Total Funds 3,504,017 3,382,865
Wisma Subud Properties “Wisma Subud” is managed by Yayasan Subud (YS), MSF partners with YMS (Yayasan Muhammad Sub- a legally registered charitable foundation in Indo- uh), a charitable foundation based in Jakarta. As- nesia. YS is the owner of the Latihan Hall on be- sets held by YMS on behalf of the World Subud half of the international Subud community. It also Association (WSA) include the “Archive House” owns other parts of the complex, including the and Bapak’s former home in Wisma Subud (now guesthouse. Adi Puri). The Subud complex in Jakarta known as
“In 2011, MSF signed two Memorandums of Understanding, one with YMS and another with YS. The MOU’s established a link between the Wisma Subud properties held by the two Indonesian foundations and the World Subud Community, on behalf of WSA”
Te Wisma Subud Latihan Hall.
3 Maintaining and holding assets continued
Amanecer Latihan Hall 2008 2009 2010 2011 2012 2013 Fundacion Muhammad Subuh was legally regis- amounted to $6,167; MSF taking over the payment tered in Colombia in 1994 as the Colombia MSF of $17,681 taxes owing in 2013; working with Sub- branch to hold, on behalf of the international Sub- ud Colombia to ensure adequate insurance was in ud community, the Gran Salon (Latihan Hall) and place; and addressing several legal matters. some land in Amanecer, which were purchased with an original grant of $250,000 from the Mu- MSF’s Executive Director visited Amanecer in 2013 hammad Subuh Foundation. and 2014 and compiled extensive reports. MSF trustees are currently reviewing options for over- In 2013 and 2014, the Muhammad Subuh Foun- coming remaining challenges. This work is being dation spent considerable time, effort and funds conducted in collaboration with Subud Colombia on restoring and managing its assets in Amanecer. and WSA under the WSA-MSF-Subud Colombia This included the repairs being completed on the Amanecer Working Group. Gran Salon which MSF funded in late 2012 that
Te Latihan Hall at Amanecer
4 Receiving donations and bequests
During the 4 year period, MSF received a total ing Subud World Congress this August 2014. The amount of $690,000, (61.3%) in bequests and main MSF policy consists in investing those be- (38.7%) in donations. This does not include the ad- quests and donations in the MSF General Funds, ditional $697,523 USD in donations and bequests whose generated income supports the MSF grants for 2014 that have either already been received program, according to the above-mentioned pri- or are about to be received prior to the upcom- orities.
Year Donations Bequests Total
2010 9,863 245,786 255,649 2011 15,993 - 15,993 2012 24,680 64,000 88,680 2013 216,658 113,061 329,719
Total 267,194 422,847 690,041
2014 to date 14,432 *683,091 697,523
*$530,000 of this amount from sale of donor’s home. Bequest expected to be transferred to MSF in mid 2014.
5 Subud Houses
Te new Latihan Hall in Bangkok
Since the Muhammad Subuh Foundation was es- groups in over 20 countries. From 2010-2014 the tablished in 1991, supporting Subud groups to ob- Foundation awarded a total of $122,468 in grants tain their own latihan premises has been a priority. and $69,500 in the form of loans. The annual de- Since then, over one million dollars in grants and tails are given below: loans has been provided to more than 35 Subud
2010 ----- Kinshasa, DR Congo: grant of $25,000 and loan of $ 15,000 to buy premises Subud Bogota (Teusaquillo), Colombia a grant of $3,500 and loan of $1,500 for renovations Cherkassy, Ukraine: a grant of $ 8,000 to buy land adjacent to their existing Subud house 2011 ----- Lagos, Nigeria a $3,468 grant was made to rent latihan premises for two years. Mina Clavero, Argentina: $13,000 loan to replace the roof. 2012 ----- Kinshasa, DR Congo: grant of $12,500 for renovations – addendum of the 2010 grant. 2013 ----- Washington DC: grant of $20,000 and loan of $20,000 to help construct a new center in Maryland . Durham, North Carolina: grant of $20,000 and loan of $20,000, to help construct a latihan hall. Portland, Oregon a grant of $10,000 to help renovate and expand the 90-year old house . Bangkok, Thailand a grant of $10,000 to complete the interior work of their new latihan hall .
6 Support to WSA
International Helpers visit members in Cuba.
MSF has granted more than $230,000 to the WSA Support/ SEF (Subud Education Fund), Subud since 2010. Most of the funds were designated for Youth, History of Subud, Publications (Bapak’s International Helper travel with smaller amounts talks / translations) and Archives. provided for other WSA programs including Care
2010 ----- $64,000 - International Helper travel, WSA Care support program, Subud Education Fund ,External relations and others
2011 ----- $60,000 – International Helpers travel, Talk translations, Archives, History of Subud proj- ect, Tape preservation unit.
2012 ----- $50,000 - International Helper travel, WSA Care support program, SYAI projects, History of Subud and Publication of Bapak’s volume in Spanish.
2013 ----- $30,000 - International Helper travel.
2014 ----- $30,000 - International Helper travel
7 Support to Bapak’s and Ibu Rahayu’s talks