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About ACEF

 

The Arab Creativity & Entrepreneurship Fund was launched in 2014 as a new platform for philanthropists to support the independent arts and culture scene in the Arab region and Arab communities in the “Mahjar”. As the region is increasingly challenged to redefine itself in the face of clichés of intolerance, extremism, backwardness and political turmoil, investing in diversity, tolerance and creativity is at the heart of the matter. 

 

In 2014, ACEF secured nearly 70% of its 1 million dollar target. This percentage significantly improved in 2015 to reach 93%. We look forward to reach 100% of our target in 2016 with the continuous generosity and  support of our friends and contributors.

 

By purchasing 1,000 shares at $1,000 each, shareholders in the Arab Creativity & Entrepreneurship Fund are investing a million dollars that will go to fund 50 new independent art projects. Our professional, accessible and transparent grant-making programs select the winning projects via independent juror committees that evaluate on excellence in quality, innovation, relevance to the Arab community and well-studied costs.

 

Watch the ACEF video here

 

How to acquire shares?

 

Shares can be purchased by wire transfer to AFAC’s account, listed below. Please indicate your name on the transfer instruction, the transfer amount, and the mention “ACEF”. Please also send an email to finance@arabculturefund.org notifying us of your purchase, where you heard of the Fund and your physical mailing address.

 

 

Residents of the USA benefit from tax deduction on their donations. For more information send us an e-mail here.

 

Transfer Instructions

Account Name:      

Arab Fund for Arts and Culture

Bank Name:              

First National Bank S.A.L

Bank Branch:              

Hamra

Bank Address:          

FNB - Hamra Branch, Beirut, Lebanon

Swift Code:                

FINKLBBE

Account/IBAN:            

LB02 0108 0000 0000 0011 8859 7002

 

Our Shareholders

 

Najat Rizk

 

Nabil Qaddumi

 

Amr ben Halim

 

Serin Al Shihabi

 

Sara Alireza and Faisal Tamer

 

Olfat Al-Mutlaq Juffali

 

Fouad & Mona Bawarshi

 

Abdul Salam Bou-Azza

 

Hussein Rifai

 

Mo'otaz Sawwaf

 

 

1 -5 shares

5 - 50 shares

> 50 shares

52%
1,000,000 USD

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