In 2001, the LDS Church began the Perpetual Education Fund which provides money to cover tuition and other school expenses to people in developing nations.
LDS Philanthropies is a department of The Church of Jesus Christ of Latter-day Saints (LDS Church) and is responsible for facilitating donations to humanitarian and education initiatives including Brigham Young University (Provo, Idaho, and Hawaii campuses), LDS Business College, and the Perpetual Education Fund.
The Perpetual Education Fund (PEF) is a program of The Church of Jesus Christ of Latter-day Saints (LDS Church), first announced by church president Gordon B. Hinckley on March 31, 2001.
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