 The monastery was founded in 1408 by Therapont of Belozersk.Therapont founded the Ferapontov Monastery in 1398, located in the Principality of Beloozero, which at the time was administered jointly with the Principality of Mozhaysk.The prince, Andrey of Mozhaysk, resided in Mozhaysk, and was a brother of Vasily, the Grand Prince of Moscow.