His Holiness the Dalai Lama has plans for an international Buddhist institute called Lambsum Gomdrub Ling. Its aim is to help western Buddhist students in their practice of Buddhism.
Lambsum Gomdrub Ling will be a center for learning that is completely non-sectarian and will bridge all traditions of Buddhism. The programs will deliver a message from a modern perspective. I think this is extraodinary project that will help further spread Buddhism into the west.
I read this originally from the Guhyasamaja Center Blog, and the original post about Lambsum Gomdrug Ling can be found here.