as a Community
Since 1973
NEWS FEED
What's New?
Please join us in congratulating ACEF Board Member Bryan Stepanian, Managing Director at Alex. Brown, a Division of Raymond James, for being recognized among the top wealth managers in Connecticut in the sixth annual Forbes/ SHOOK Research Best-in-State Wealth Advisors ranking. Stepanian is a valued member of ACEF’s leadership team. We are grateful for the experience, financial expertise and commitment…
Congratulations to ACEF Board Member Marie A. Vanerian, Merrill Lynch Managing Director – Wealth Management, for being recognized among the top wealth managers in Michigan in the sixth annual Forbes / SHOOK Research 2024 Best-in-State Top Women Wealth Advisors category. Marie is a valued member of ACEF’s leadership team, where her financial expertise and dedication help build a financial foundation…
With income distributions generated by its various endowments invested in the ACEF, the Fund for Armenian Relief (FAR) has been able to underwrite the costs of improving the quality of life of children in need and strengthening family units. Whether it’s providing critical medical care, sourcing a loving foster home or offering emotional/psychological support for parents and their children, FAR’s…
Who We Are
The ACEF Difference
Quick Facts (as of 12/31/23)
Philosophy And Strategy
The Armenian Church Endowment Fund (ACEF) is an independent nonprofit that supports parishes and individuals who are creating a legacy through endowments. We encourage these parishes and individuals to make long-term investment planning an everyday practice, and we help them maximize financial returns by investing as a community.
An endowment is a promise. It can ensure, for example, that a parish will always have sufficient operating funds, that a new building can be maintained for its entire life, that a youth program will pass on Armenian traditions. If you care passionately about your parish or a specific program, creating an endowment will support it in perpetuity. The principal of the endowment will grow over time, and the income must always be used to fulfill your wishes.
ACEF aggregates individual endowment funds and invests them in a broadly diversified portfolio. With a multimillion-dollar portfolio, ACEF can help you 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.