The Penang Hindu Endowments Board (PHEB) is a statutory body as set out in the Hindu Endowments Act in 1906. Its main role is to administer the endowments placed under its administration. 

Endowment means any endowment be it land, landed property, buildings, houses, burial grounds, temples, money given or to be given for the benefit of the Hindu community in Penang.

The endowments administered by the Board are:

• Waterfall Endowment
• Queen Street Endowment
• Butterworth Endowment
• Sri Kunj Bihari Endowment
• Ranee Dhoby Ghaut Endowment

In addition to managing 5 Endowments, the Board also administers:

1. Burial Ground – Batu Lanchang, Penang, Jalan Siram, Butterworth, Batu Kawan, Simpang Ampat, Byram, Nibong Tebal, Seberang Jaya, Butterworth, Prai and Batu Itam, Balik Pulau, Changkat Hindu Cemetery.
2. Multipurpose Hall – Dewan Sree Mariamman, Butterworth
3. Properties – Houses, Land and Shop Lots
4. Kirigai Sites – Beside Kuil Sri Ramar, Solok York, Penang & Beside Kuil Kadarkarai Muniswarar, Perai (near Sungai Prai).
5. Temples –

• • Kuil Arulmigu Sri Balathandayuthapani Devastanam, Waterfall Road, Penang
  • Kuil Arulmigu Sri Ganesha, Waterfall Road, Penang
  • Kuil Shree Ayyappa Swamy, Waterfall Road, Penang
  • Kuil Arulmigu Naganathar, Waterfall Road, Penang
  • Kuil Sri Maha Mariamman, Queen Street, Penang
  • Kuil Sree Maha Mariamman, Tokong Lane, Butterworth
  • Kuil Sri Kunj Bihari. Penang Road, Penang
  • Kuil Sri Ramar, Solok York, Penang
  • Kuil Sri Selva Vinayagar Hindu Paripalana Devastanam, Prai
  • Kuil Dewi Sri Annai Thropathi Amman, Nibong Tebal
  • Kuil Sri Sakthi Vinayagar, Jalan Fettes, Penang
  • Kuil Dewi Sree Veerapathra Maha Kaliamman, Bagan Ajam, Butterworth
  • Kuil Arulmigu Sri Veerakaliyamman Alayam, Jalan Siram, Butterworth

The Board also organizes the annual Thaipusam and Ponggal festival`s in Penang.