Annual Report

Head Eesti sõbrad!

Dear Friends of Estonia!

Eesti rahva hüvanguks olete panustanud nii jõu kui ka nõuga 27 aastat.  Suur tänu teile hoolivuse ja usalduse eest. Teie eelistate hariduse, tervishoiu, noorsoo tegevuse ja kultuuri toetamist. Seda Fond vahendab nii kuidas võimaldab  sissetulek ja partnerlus Eesti organisatsioonidega.
Noorte eest hoolitsevad organisatsioonid nagu Tartu Kristlik Noortekodu ja Tallinna Peeteli koguduse sotsiaalkeskus on osutunud toetajate lemmikuiks.
Pr. Hilda Kaepa, kes esindas Fondi kui ta aastate jooksul külastas Eestit, usaldas  oma testamendi kaudu Fondi haldamisele kolmveerand miljoni dollari väärtuses väärtpabereid. Nendest saadav tulu on tema soovi kohaselt suunatud Tartu Kristliku Noortekodu heaks. Pr. Maia Vanaveski suunas oma  pärandustombust  sama suure summa Fondile. Pr. Vanaveski pärandus võimaldab permanentse kodu ostu TKNile. See on väärikas kink tähistamaks Eesti Vabariigi 100. a. juubelit.
Hariduse alal tuleb esile tõsta Tartu Ülikooli rahvusvahelise õiguse professor Lauri Mälksoo algatus asutada Tartu Ülikooli Tallinna osakonda kaheaastane ingliskeelne magistriprogramm(MA in International Law and Human Rights) koos rahvusvahelise õiguse ja inimõiguste raamatukoguga.
Toetajate initsiatiiv ja aktiivne koostöö suunab tegevust Fondi algusest peale. Näiteks, Bernard Schneider, M.D., ja Endel Sepp, M.D. panid materiaalse aluse meditsiinitehnoloogia ülekande projektile, mida juhatas Ole Golubjatnikov.  
Kõik annetused on vajalikud , et kindlustada Fondi tegevust Eesti heaks. Avalikkuse toetus võimaldab Fondil tegutseda  ennast tõestanud, legaalsel alusel.

You have told us what you prefer. Your preferences have been followed.  Thank you for caring and for trusting us to follow through.
Over the past 27 years the Fund has used most of the resources to serve education, healthcare, and youth-serving projects. Cultural projects have also been supported,  as reflected by our donors’ interests
In 2016, the Fund was surprised by two very generous bequests. Mrs. Hilda Kaepa left us a portfolio worth three-quarters of a million dollars. Her wish was to direct the income from the investments to support the Tartu Christian Adolescents’ Home. A special account has been set up to honor her wish. Mrs. Maia Vanaveski designated the Fund as a beneficiary. Her bequest,  as generous as Mrs. Kaepa’s, enables the Tartu Christian Adolescents’ Home to acquire a suitable building for its permanent home.  Combined, that support is an estimable present  to Estonia on the occasion of the Republic’s 100th  anniversary.
Professor Lauri Mälksoo conducted the fifth session of the Martens Summer International Law School in Pärnu. Sixty students from abroad applied, 30 were admitted. Thanks to an expert, international faculty, the school contributes to the development of future academic and governmental leaders, especially in the republics that regained their independence and have to be  vigilant to stay free. Professor Mälksoo is also using the Fund’s support to found a two-year Master’s level  progam in international law at the Tartu University campus in Tallinn.
Please visit our website www.eafund.org and contact us via eafund@comcast.net Your ideas, support, and personal involvement  make all the difference.

2020 Highlights

TWO MAJOR GRANTS WERE RECEIVED IN 2020

1) The final disbursement of $55,000 was received from theHilda Kaepa estate for the support of the Tartu Christian Adolescents’ Home; and 2) Ms. Tiiu Kera donated $8,000 for the support of Tartu University’s Viljandi Culture Academy, the Estonian Institute of Historical Memory and HarkujarveCommunity Church.  

AID TO YOUTH-SERVING ORGANIZATIONS CONTINUED

Bethel Congregation’s Social Center in Tallinn, received $23,000. The Tartu Christian Adolescents’ Home received $85,000 toward the conversion of an existing auxiliary building into housing for its young people. The money for the conversion was distributed from the bequest of Hilda Kaepa. Vanaema Juures Family Support Center in Rapla received $42,000 for renovation and operating expenses.

SUPPORT FOR EDUCATION AND CULTURAL ENTERPRISES

Noarootsi Gümnaasium received $6,000 to support its English language program. A student at the Estonian Academy of Music and Theatre received a $3,600 scholarship from the fund established in 2018 with a $50,000 grant from Epp Tsirk in in honor of  Tõnu Kaljuste. The Estonian Institute of Historical Memory received $3,500 and the Center for Estonian Folk Culture, $3,500 from Ms. Tiiu Kera. Loovlend MTU received $10,000 to support talented and gifted musicians from the bequest of Ms. McNally who was a music lover. The Estonian Academy of the Arts received $1,250 from Mr. Jaan Holt for a scholarship for architectural students. Due to the COVID pandemic, no funds were distributed in 2020 from the Elmericeand Andreas Traks Scholarship Fund to Tartu University students. However, the University resumed limited scholarships in 2021.

Estonian American Fund for Economic Education, Inc. Statement of Support. Revenue and Expenses, and Change in Fund Balance for the year ended 12.31.2020

PUBLIC SUPPORT AND REVENUE 

Contributions                                 $ 105,536

Program services expenses              179,120

Support services expenses                11,792

Total Expenses                                 190,912

Net                                                    -85,376

Investment income                            177,098

Unrealized gain                                 337,878

Total investment income                  514,976

Revenue over expenses                    429,600

Fund balance January 1, 2020      $5,029,295

December 31, 2020                      $5,458,895

Thank you for your generous support! 

Thank you for your generous support!

Donor Appreciation 2020

  • Golden Circle:
    Mari Arulaid, Tiiu Csermely, Tiina and Agu Ets, Jaan Holt, Ene Inno, Siret and Jaak Jurison, Tiiu Kera and Norman Wolfe, Peter and Sue Kopperman, Vaike Külvet, Tiina Liiv, Helmi Lutsep, M.D., Helina Piano, Rein and Anu Pirn, Tonis and Maud Tilk, Imre Lipping, Enel Merend, Bernard Schneider

    Sponsors:
    Tiia Carswell, Vivian and Gunnar Ellam,Linda Frey, Rauno Joks, M.D., Liina Keerdoja, Helmut and Ligita Lutsep, Heikki Parts, Malle Portway, Haldi Svanberg, Juri Tint, Thomas Troost, M.D., Mare Valgemae

    Benefactors: 
    Erika Andreas, Ago and Aade Ambre, John and Barbara Ambre, Arvo B. Ederma, M.D., Ulle Ederma, Estonian Society of Central Florida, Helle Hantho, Anne Ise, Helle and Kenneth Martin, Helvi Nesenbergs, Anne Ilme Pagi, Jakob Partna, Andres Ruetman, Inge and Sven Ruetman, Toivo and Annelie Sober, Ruth Sootaru, Linda Heinaru Strup, Rein Taagepera, H. Kristi Valge, Marie and Sven Valgemae, Jaak Vilms, Juta Zacharski

    Donors:
    Riina Batish, John and Carol Berggren, Mall Blumfeld, Vello Ederma, Christian and Janne Einberg, Elaenor Gressel, Ellinor Halmay, Evi Kallas, Aavo Kõiv, Malle Kollom, David. M. Krashna, Malle Lantz, Lya Karm, M.D., and Joseph Laukitis, M.D.,Thomas Kuuskvere, Kira K. Lueders, Eve and Juri Martinson, Eha McDonnell, Marie Monaco, Hando Nahkur, Tiiu Nurm, Helmut and Antje Oja, Ursula Paap, Maria Pedak-Kari, Gilda Karu, Tamara Knehnetsky, Aili Labidas, Ene Piirak, Charles Parl, Jaak and Luisa Pedak, Arno Puskar, Paul Raidna, Jack B. Riismandel, Silvia Rock, S. Roosild, Karin and Hans Ruus, Aire and William Salmre, Aet Sandstrom, Monika Senzer, Olavi Siiman, Toomas Sorra, M.D., Merike Tamm, Eda and Uno Taps, Jaan Teetsov, Maie Toomsoo, Arvid and Imbi Truumees, Juri Tults, Sirje Uriko, Paul Vesterstein, Jaak Vikati

    Supporters:
    Payton Altman, Tiiu and Ylo Anson, Aida M. Arita, Paul Attemann, Merike Bierbruner, Lia Bittar, Wallace and Tiiu Christner, Angela Dupin, Linda Einpaul, Jacqueline Garland, Patricia Gehring, Helgi Goppelt, Marika Harvey, Donna Lea Heald, Edith Heitur, Maire Jaanus, Annamae Kelleher, R. M. Kendrick, M.D., Tõnu  Kiesel, M.D., Erik Kisa, M.D., Rein and Eda Kosenkranius, Maria Koiva, Pia Stegers, Aili K. Lenhart, Helvi Maie Lippand, Helvi and Tiina Maripuu, Maano and Epp Milles, Patricia Mirza, Hillevi and Sven Paul, Eve Perri, Liisa Petersen, Karl E. Petersen, Raul Pettai,  Karin Pessa, Siiri Puust, Vello Puust, Ülle and Peep Saluri, Hele Mall Sibul, Arvi Sinka, M.D., Paavo Sumera, Tiina Taagepere and Marcus Vaska, Virve Vaher, Ado and Kay Valge, Jack Vesiloik, Jennifer and Donald Youngren

Annual Report