ACEF’s Mission

The Armenian Church Endowment Fund (“ACEF”) is an independent, separately-incorporated, non-profit entity whose mission is to provide professional, highly disciplined, tightly controlled and cost effective asset management services to the various constituent parts of the Armenian Apostolic Church, including the Diocese of the Armenian Church of America (Eastern), the individual parishes, mission parishes and related entities of the Diocese, as well as to St. Nersess Armenian Seminary and the Mother See of Holy Etchmiadzin.

The investment objective of ACEF is to earn sufficient returns through time to support stable and growing income distributions from each individual endowment fund to its designated beneficiary, while preserving and enhancing the principal balance of each such endowment fund. ACEF seeks to accomplish this objective by aggregating the individual endowment funds and investing them collectively in a broadly diversified portfolio managed by institutional quality investment managers.