Why Was AEF Established?

As a community grows, initially, the collective efforts of the community are directed towards developing the many necessary infrastructures (community centers, schools, churches etc.) and creating the various institutional and organizational structures required to serve the many needs of the community.

The next logical stage in the development of a community would be to ensure the long-term financial viability if its structures to expand and enhance the quality of the services delivered.

The concept of supporting the needs of a community through the secure proceeds of endowment funds that complement contributions from ongoing fundraising projects has been successfully employed by many institutions in North America.

AEF was established to ensure our future as a thriving community. It is intended to be a framework to professionally and prudently manage the endowment and trust funds. The adopted investment strategy is designed to preserve and grow the capital of the fund while providing a secure source of income for the growing needs of the organizations serving our community