Khotang. An endowment fund worth five lakh rupees, the 'Mugadhan and Bhallshobha Memorial Endowment Fund,' has been established at Kalika Secondary School in Nerpa, Diktel Rupakot Majhuwagadhi Municipality-6. The endowment fund was established at the school by the family of the late Mugadhan and Bhallshobha Rai, including their 99-year-old son Karna Bahadur Rai, 87-year-old daughter Kumari Krishna Rai, and the family of their late sons Raj Bahadur and Bhuichal Bahadur Rai.Bhogiendra Rai, son of Kumari Krishna, informed that the interest generated from the principal amount will be used for the necessary operations of the school.