Permission to open the monastery was given in 1945 to a group of lamas who were released from camps and prisons after World War II. The colorful main temple is dedicated to the blue, three-eyed goddess Lchamo.
Ivolginsk, as the central representative of Buddhists in the USSR, developed a wide range of activities, but these were closely monitored by state authorities. U. a. The monastery was involved in the peace movement and supported international organizations such as the Red Cross and child protection associations.
Since 1991, there is a Buddhist university at the monastery, where teachers from India, Tibet and Mongolia teach traditional disciplines such as philosophy, astrology and medicine, but also subjects such as foreign languages and computer science.Ca. 100 students from all over Russia study here.
Another important field of activity of the monastery is Tibetan medicine. Patients from near and far are treated here and in the Tibetan Medicine Center in Ulan-Ude.