2023-03-10T23:45:06-07:00 2022-12-31 990EZ 2022-01-01 452028199 AFRICA COLLEGE FUND AFRI 6414722069 2004 Radiance Circle Fairfield IA 52556 Adam Blecher President 6414722069 2023-03-11 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z X X X 144008 X 143867 0 0 141 0 0 0 0 0 0 0 0 0 0 0 144008 197943 0 0 0 0 0 14633 212576 -68568 178227 0 109659 178227 109659 0 0 0 0 178227 109659 0 0 178227 109659 AFRICA COLLEGE FUND is dedicated to empowering disadvantaged youth with tools for success including education and entrepreneurship opportunities. This results in eradication of poverty through provision of quality, effective, consciousness-based University and vocational education. Grants to Maharishi Education for Invincibility Trust - MEIT - in South Africa, to give unemployed youth a full package of support, Degrees through Maharishi University of Management, Fairfield, Iowa, and places them into jobs part-time while they are studying, and permanent jobs in SA on graduation. MEIT has a 90 percent graduate job placement rate, and over 90 percent of graduates have maintained employment beyond the first year of employment. This is amongst the highest success rates in the country of South Africa. The grant funding assisted with the educational costs in entirety of 2 youth for a full year of University education, and related costs. MEIT has got to a point of being 85 percent self-funding, including a program called learn and earn and pay it forward. This is in line with Africa College Fund's mission of supporting non-profit, tax-exempt organisations that have a focus on creating financial sustainability, to ensure long term success. 89500 0 Payments to Maharishi International University, Fairfield, Iowa, USA, to fund the USA tuition fees for distance education UniversityDegree programs on behalf of African students based in South Africa, that are studying through Maharishi Education for Invincibility Trust (MEIT) in a '2+2' program. This means the historically disadvantaged youth involved do their first 2-years of study in South Africa, and their second two-years of study are via distance education with Maharishi University of Management, broadcast from the United States to South Africa. The program is working highly effectively, and as cited above 90% of graduates have gained employment in quality graduate level positions in companies in South Africa. 108443 0 0 Adam Paul Blecher President and Founder 10 0 0 0 Heather Hartnett Secretary 1 0 0 0 Anne Marie Blecher Vice President 3 0 0 0 Keith Wegman Treasurer 1 0 0 0 Rod Peter Falk Administrator 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 IA Rod Falk 2004 Radiance Circle Fairfield IA 52556 6414722069 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 109468 134771 406735 772402 143867 1567243 0 0 0 0 0 0 0 0 109468 134771 406735 772402 143867 1567243 1567243 100 13 25 46 141 325 0 0 0 0 0 0 0 0 1567568 0 0.99979 0.99977 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 Travel expenses and bank charges