The Perpetual Education Fund—Prayers Answered, Prophesy Fulfilled

First Presidency

President Thomas S. Monson, center, responds to questions at a news conference shortly after becoming president of the Church. One of the questions was about the Perpetual Education Fund.

President Thomas S. Monson continues to support the prophetic vision of opportunity created and fulfilled by the Perpetual Education Fund, now in its tenth year. The fund was announced and introduced to the Church by his predecessor, President Gordon B. Hinckley (1910-2008), on March 29, 2001.

Perpetual Education Fund

Watch a video showing how PEF has changed lives for the better.

“Today’s world is competitive, more than it’s ever been,” President Monson said at a news conference shortly after he became President of the Church. “I believe men and women need to get a type of education which will enable them to meet the exigencies [urgent needs] of life. … Men and women need to be prepared for a vastly broader scope than we’ve ever had before. ... [The Perpetual Education Fund] is a fund that will go far into the future.”

That was in 2008, and today the Perpetual Education Fund is hailed by participants as an answer to prayer and a fulfillment of several promises made by President Hinckley regarding its impact on participants and the Church in general. President Hinckley announced the program in April 2001, saying it would provide an answer to concern over the Church’s young people in less-developed parts of the world. He said the fund would help young people receive the education that would enable them to lift themselves out of poverty. It was a program that would change the Church throughout the world. 

Visit the Perpetual Education Fund’s site to learn more about the program, or read President Hinckley’s landmark address. You can also link to a news story about the PEF or to President Hinckley’s address at Gospel Classics on Prophets and Apostles Speak Today.