Perpetual Education Fund
In 2001, the LDS Church established a modern variant of the PEF, dubbing it the Perpetual Education Fund. This new fund helps Latter-day Saints in mostly third-world countries gain an education. Again, once established in a new profession, church members are expected to repay the funds, with minor interest, so others can receive help. Unlike the original PEF, the Perpetual Education Fund is not an incorporated company that is separate from the LDS Church.
Read more about this topic: Perpetual Emigration Fund
Famous quotes containing the words perpetual, education and/or fund:
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