We have thus far not had a formal program but will be
it is subject to restrictions, which mean, at least in the absence
establishing one. Let me emphasize that even in the absence of
of extraordinary conditions, that only the earnings or income
a formal program, people can now provide for gifts to IYNAUS
from the investment can be used to support the programs of
in their estate plans. Coincidentally, my wife and I redid our
the not-for-profit corporation and the underlying investment
estate plan in early 2014, and it contains a bequest to IYNAUS.
itself (that is, the principal) cannot be spent. IYNAUS does not
The gift made in my will is unrestricted: That is, it can be used
currently have an endowment, but we will consider
by the IYNAUS Board of Directors for any purpose, any time. For
establishing one, and we would do so immediately if we
this reason, a board of directors of a not-for-profit corporation
received notification that one of our members wished to make
will almost always prefer unrestricted gifts, and the IYNAUS
a planned gift to the IYNAUS endowment.
Board of Directors is no exception. In short, if any of you want to make a gift to IYANUS in your That said, many people who make planned gifts prefer to
will, there is no impediment to doing so now. Additional
restrict them so that they can be used only for a specific
information will be forthcoming in the next several months.
purpose and long-term projects. Currently we have one longterm program to which restricted gifts have been made: our
David W. Carpenter
archives project.
IYNAUS Treasurer April 3, 2015
The question has also been raised whether IYNAUS has an endowment. An endowment is a permanently restricted fund. Specifically, an endowment is a fund that that is invested, and
Classifieds YOUR DREAM
questions related to how or when to use props, how best to deal
Yoga studio/professional, 676 sq. ft. space, with beautiful 2,345
with specific health conditions, philosophical help with the
sq. ft. split ranch, four bedroom home on one acre.
sutras, tips on teaching or doing certain poses, and more. Please
Studio fully equipped for Iyengar practice. Lap pool, 47’;
send questions to yogasamachar@iynaus.org by Aug. 1.
fruit trees; close in yet bucolic. Gilbert, Arizona, 480.899.4803, archanayoga@earthlink.net. Photos of the studio at
JOIN IYNAUS
www.archanayoga.com. Interested parties only.
To join IYNAUS or renew your current membership, please visit our website and apply online: https://secure.iynaus.org/join.php.
CALL FOR MUSINGS
Membership fees begin at $60, with $30 of each membership
Yoga Samachar seeks submissions for our “Musings” column,
going to support teacher certification and continuing
which features a range of short thought pieces from members.
education.
These can be philosophical in nature or might focus on more practical topics—for example, a great idea for managing your
YOUR AD HERE
studio or for creating community in your home town. Please
Yoga Samachar accepts short, text-only ads to announce
send your own Musings to yogasamachar@iynaus.org by Aug. 1.
workshops, offer props for sale, list teacher openings at your studio, or provide other yoga-related information. Ads cost $50
ASK THE YOGI
for up to 50 words and $1 per word over 50 words, including
Yoga Samachar seeks questions for our “Ask the Yogi” column.
phone numbers, USPS addresses, and websites. Please contact
Rotating senior teachers provide answers to a range of
Rachel Frazee at rachel@yogalacrosse.com or 608.269.1441 for
questions submitted by IYNAUS members. We welcome your
more information or to submit an ad.
CORRECTIONS Martin Brading took the cover photo on the Fall 2014/Winter 2015 issue of Yoga Samachar as well as the photo on p. 36 of that issue. We apologize for the mistaken attribution. In the Spring/Summer 2011 issue, we printed an interview with Prashant Iyengar conducted by Bobby Clennell and 46
Richard Jonas. On p. 4 of the magazine, when Prashant was asked why he stopped playing the violin, he referred to an accident. The accident took place in 1989 rather than 1979, as was mistakenly printed. Thanks to Lee Sverkerson for noticing this mistake and researching the correct date of the accident.
Yoga Samachar Spring /Summer 2015
