The Angola Educational Assistance Fund

Michael LeM. Kennedy, late chairman of Citizens Energy Corporation and the son of the late Senator Robert F. Kennedy, announced the establishment of the Angola Educational Assistance Fund (AEAF) in June, 1996. The AEAF was created to operate as a not-for-profit organization to facilitate the establishment of the Catholic University of Angola, to promote the collaboration between higher education institutions in Angola and abroad, and to encourage the involvement of the private sector in the reconstruction of Angolan society.

The Angola Educational Assistance Fund operates as a charitable and tax-exempt foundation and qualifies for tax-exempt status under Section 501(c)(3) of the United States Internal Revenue Code. The Angola Educational Assistance Fund's mission includes carrying out fund-raising and representing the interests of the Catholic University within the international business community active in Angola. In addition, the Fund will help to coordinate visiting fellowships from universities and colleges in the U.S. and other countries, and will offer professional and educational training in Angola.

The corporations MOBIL (USA), Energy Africa (South Africa), SAGA (Norway), and Citizens Energy Corporation (USA), are the original contributors to the Angola Educational Assistance Fund, with initial donations totaling more than 1.6 million US dollars in June 1996.