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HONORING A LEGACY THROUGH ENDOWMENT
HONORING A LEGACY THROUGH ENDOWMENT

In 2020, the family of Edward Onanian established a $500,000 ACEF endowment in his memory to benefit the lay staff of the Eastern Diocese. The fund contributes annually to every participating employee’s 403(b) retirement savings plan.  Today, the “Edward Onanian Memorial Fund” has grown to $725,500 thanks in part to the family making annual gifts with a market value, as…

ROBERT CANNUSCIO RECOGNIZED FOR ACHIEVEMENTS
ROBERT CANNUSCIO RECOGNIZED FOR ACHIEVEMENTS

We are pleased to share the news that Robert Cannuscio, ACEF Board Member and Faegre Drinker Biddle & Reath Partner, has been recognized in 2024 for his work in the field of Patent/Intellectual Property Law: • Named among Best Lawyers® 2025 “Best Lawyers in America” report • Ranked “Band 3” level for Intellectual Property Law in Pennsylvania in Chambers USA…

ACEF 2023 ANNUAL REPORT
ACEF 2023 ANNUAL REPORT

We are delighted to share ACEF’s 2023 annual report. Review fiscal year fund performance, endowment activities, Board news, and the positive impact our mission has had on the Armenian Church and its community. View at https://acefinvest.org/about/news/reports/

Who We Are

The ACEF Difference

ACEF aggregates individual endowment funds and invests them in a broadly diversified portfolio. With a multimillion-dollar portfolio, ACEF can take advantage of investment opportunities that are simply not available to smaller investors or individual parishes. This includes funds that are closed to smaller investors, as well as vehicles appropriate only for a large, highly diversified portfolio.
Quick Facts (as of 12/31/23)
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Years in operation
Since 1973
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Number of parishes
A legacy through endowments
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Endowment Funds
0
Investment funds
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Number of Parish/Parish-related Organization Funds
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Annual Distribution
Extra income is reinvested

Philosophy And Strategy

How to Invest with ACEF?

We will help you to set new business priorities, outline plans for growth, determine a product roadmap or plan your investment decisions.

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Competence, Reliability, Honesty, Integrity – these definitions are characterize our employees in the best way.

Success of any organisation depends on customers. That is why the first rule of our business is to retain clients and build a loyal relationship with them.