The aim of this study was to test a mindfulness model for flourishing along with mediating roles of self-compassion and valued living. Participants of the study were 327 undergraduate students (236 female, 91 male) with the mean age of 20.3 (SD=1.4). The results of path analysis yielded that mindfulness has positively direct relations with self-compassion and valued living. As well, the direct effects of self-compassion and valued living on flourishing were found positively significant. Both of the indirect paths from mindfulness to flourishing through self-compassion and valued living were also emerged statistically significant. The proposed model of mindfulness came by accounting for 37% of the variance of flourishing in the current study.