Dr Ajay and Mira Shingal from the Bay area in California have pledged to create an endowment fund that will create the Mira and Ajay Shingal Center for Dharma Studies at the Graduate Theological Union which is home to the largest Ph.D program in religious studies in North America.
The endowment, valued at USD 4.6 million, will establish the Hindu Studies programs in the new Center for Dharma Studies in perpetuity, a media release said today.
Under the endowment, the Center for Dharma Studies will begin with a focus on Hindu studies and offer a Graduate Certificate MA and Ph.D in Hindu Studies.
"This Gift from Mira and Ajay Shingal enables the Graduate Theological Union to expand the representation of the world's great religious traditions at this consortium and create a robust and singular place for scholars, students and the public to engage one another to build deep mutual understanding and promote the common good," said GTU president Dr Riess Potterveld.
Ajay, a resident of San Jose, has been a Silicon Valley entrepreneur with a career spanning several brand name Technology companies in the Bay Area and is currently in the hospitality industry.