What is the Ethiopia Education Endowment Fund?
Created in 2003, the Ethiopia Education Endowment Fund (EEEF) supports quality Christian education for young people in elementary and secondary school and theological training for church leaders in Ethiopia, one of the poorest lands in the world.
EEEF currently works in the western region of Ethiopia through the Western Wollega Bethel Synod (WWBS) of the Ethiopian Evangelical Church Mekane Yesus (EECMY), the national church that has grown from 20,000 to over 6 million members over the last 40 years. The WWBS region has 11 districts (woredas), made up of 354 congregations, 118 preaching places with a membership of over 300,000 adults.
EEEF was established to provide financial and hands-on support for the three schools that are a part of the outreach ministry of WWBS: Berhane Yesus Elementary School (BYES), Bethel Evangelical Secondary School (BESS), and Gidada Theological College (GTC).
EEEF partners with the WWBS and the Presbyterian Church (USA). 100% of proceeds are distributed to schools annually. EEEF administrative expenses are underwritten privately.
Progress: As of July, 2016, the fund balance for Ethiopia Education Endowment Fund is at 70% of its goal of one million dollars. The proceeds from the investment of these funds provides operating expenses for three schools (BYES, BESS, and Gidada Theological College) in Dembi Dollo, Ethiopia.
EEEF funds are managed by the Presbyterian Foundation, which is recognized by the Internal Revenue Service as a tax-exempt public charity as defined in Sections 501(c)(3), 509(a)(1) and 170(b)(1)(A)(vi) of the Internal Revenue Code and is eligible to receive tax-deductible charitable contributions under IRC Section 170(c).