Albanian-American Enterprise Fund

New York City, NY   |  AAEF.COM

Mission

THE ALBANIAN-AMERICAN ENTERPRISE FUND (AAEF OR THE FUND) IS A PRIVATE INVESTMENT FUND ESTABLISHED TO ASSIST ALBANIA IN ITS TRANSITION TO A MARKET ECONOMY. TO ACCOMPLISH THIS, THE AAEF WILL INVEST IN A WIDE ARRAY OF PRIVATE ENTERPRISES, DISSEMINATE WESTERN BUSINESS KNOW-HOW, AND WHEN APPROPRIATE, PROPOSE CHANGES TO GOVERNMENT POLICIES AFFECTING BUSINESS. MOREOVER, IT IS THE FUNDS INTENT TO DEMONSTRATE TO OTHER POTENTIAL INVESTORS THAT INVESTMENT IN ALBANIA CAN BE SUCCESSFUL AND PROFITABLE. THE FUND STRIVES TO BE A CATALYST FOR ADDITIONAL PRIVATE INVESTMENT IN ALBANIA.AAEF IS A NONSTOCK NONPROFIT CORPORATION ESTABLISHED PURSUANT TO THE SUPPORT FOR EAST EUROPEAN DEMOCRACY ACT OF 1989 FOR THE PRIMARY PURPOSE OF PROMOTING THE PRIVATE SECTOR DEVELOPMENT IN ALBANIA AND POLICIES AND PRACTICES CONDUCTIVE TO SUCH DEVELOPMENT. THE FUND IS CAPITALIZED BY A GRANT AGREEMENT WITH THE US AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID).

Ruling year info

1995

Principal Officer

MARTIN MATA

Main address

780 3rd Ave Fl 46

New York City, NY 10017 United States

EIN

13-3826249

NTEE code info

International Economic Development (Q32)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Programs and results

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Our programs

SOURCE: IRS Form 990

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Program 1

DEVELOPMENT OF PRIVATE SECTOR OF COUNTRY OF ALBANIA; THROUGH LOANS-GRANTS-EQUITY INVESTMENTS-FEASIBILITY STUDIES- TECHNICAL ASSISTANCE-TRAINING-INSURANCE-AND OTHER

Expenses
$116,634
Revenue
$5,422,122

Where we work

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Financials

Albanian-American Enterprise Fund
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Operations

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This organization has no recorded board members.