Perpetual Education Fund has enough money.

[NeuroTypical]

[Singing to the tune of 'popcorn popping'...]  I went to the online donation form, and what did I see?

 

Seriously folks.  When was the last time you can remember a charitable cause telling you "oh, please, no more - we have enough money"?   This rocks.  It was intended to be self-sustaining.  The church makes education loans to poor folks in poor countries.  Those folks get educations that lift themselves and their families out of the eternal cycle of intergenerational poverty.  The folks pay back the loan with interest, sufficient to cover the administrative expenses of running the thing. 

And it's working so well, they want me to stop giving them money.

This is what it looks like when YOUR CHURCH ROCKS!!!

 

[Lost Boy]

I have been petitioning to remove the Perpetual Education fund and replace it with the Lost Boy new home fund.  

So far I have not succeeded, but I am sure they will come around.

[Grunt]

1 hour ago, NeuroTypical said:

[Singing to the tune of 'popcorn popping'...]  I went to the online donation form, and what did I see?

 

Seriously folks.  When was the last time you can remember a charitable cause telling you "oh, please, no more - we have enough money"?   This rocks.  It was intended to be self-sustaining.  The church makes education loans to poor folks in poor countries.  Those folks get educations that lift themselves and their families out of the eternal cycle of intergenerational poverty.  The folks pay back the loan with interest, sufficient to cover the administrative expenses of running the thing. 

And it's working so well, they want me to stop giving them money.

This is what it looks like when YOUR CHURCH ROCKS!!!

 

That's awesome.  It's heartwarming to see people take advantage of programs and pay them forward.

[J.A.Kent]

Anyone have a link to the latest PEF report/numbers?

[NeuroTypical]

Not sure the church publishes stuff to that detail.  We get stuff like this: https://www.lds.org/media-library/video/2017-12-0001-the-perpetual-education-fund-today?lang=eng&category=perpetual-education-fund

[Sunday21]

22 hours ago, J.A.Kent said:

Anyone have a link to the latest PEF report/numbers?

Welcome! So glad that you are here!

[Guest LiterateParakeet]

This is seriously cool!  

[FoolsMock]

What exactly is this used for?  I remember when it was announced but I was a kid and wasn't paying attention.  Can my non-member friend (in a very delicate financial situation) take advantage of it for finishing her bachelor's degree?

[Iggy]

8 hours ago, FoolsMock said:

What exactly is this used for?  I remember when it was announced but I was a kid and wasn't paying attention.  Can my non-member friend (in a very delicate financial situation) take advantage of it for finishing her bachelor's degree?

go to the link Neuro gave. Watch the video - it explains it all.