SALT LAKE CITY — The Perpetual Education Fund provides the opportunity for members of The Church of Jesus Christ of Latter-day Saints to obey the scriptural mandate to help the poor and needy, Elder John K. Carmack said.
President Gordon B. Hinckley announced in April 2001 general conference that a perpetual education fund would be instituted to provide loans for church members suffering in poverty in foreign lands so they could get an education, be lifted out of poverty and be able to have the time and resources to take their places as strong leaders and members of the church.
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