About PACEF
The Pasadena-Altadena Community Endowment Fund (PACEF) is a 501c (3) not for profit organization that was established in 1998 as a charitable foundation to support educational and charitable activities for the benefit of the greater Pasadena community.
“Hat-ti-tude with Triumph & Appreciation” Giving Campaign
Our Accomplishments & Goals
Started with $2,000 in 2015 and due to greater need – Increased scholarships to $10,000 per year
$52,000 in scholarships awarded since 2015!
Current balance in Endowment Scholarship Fund is $494,400 of $500,000 goal!
New challenge: $1 million by 2030
2018 Scholarship Recipients from left to right: Nia Cathcart, Alena DeVaughn, Ashana J. Thorman (President, PACEF)
PACEF GROWS MONEY FOR SCHOLARSHIP
In 1998, The Pasadena Altadena Community Endowment Fund (PACEF) began with the intent of providing a vehicle to receive local grant money and contributions offered to the Pasadena Altadena Chapter of the Links, Inc., a national public service organization of principally African American women. As the PACEF matured, it envisioned an independent and more proactive role in the greater Pasadena Community. Always interested in providing scholarships to under served minority students, the PACEF decided to build the endowment so that the principle would remain intact while the interest would provide funds for ongoing scholarships.