Mohsin fund was an endowment founded by Haji Muhammad Mohsin in 1806. Mohsin was a wealthy zamindar who led a celibate life. He was also a devoted philanthropist: government records indicated that he set up several gruel houses during the famine of 1769-1770 and donated money to government famine fund. In 1806, he set up Mohsin fund to preserve the family vestiges and to sustain his family's religious duties. The waqf bequest included the whole zamindari income which was meant to be used in maintaining the Shi'ite Imambara, the Imambara Bazar and supporting the living dependants and menials of the family. Unfortunately, after Mohsin's death in 1812, the fund was mismanaged by the trust; legal issues also arised. As a consequence, the British government took over the administration of the fund in 1818, managing it for about 30 years until the Privy Council ruled in favor of its legal validity in 1835. Under the government management the Mohsin Fund's resources were more and more diverted to education of Muslim and Hindu students. Hughlin Dufferin Hospital (where Haimabati Sen got a full-time opportunity) was in part supported by this fund.
Source:
“Mohsin Fund”. Banglapedia, 2015, http://en.banglapedia.org/index.php/Mohsin_Fund. Accessed 15 Feb. 2021.