The Peace Fund is a charitable organization, founded by Adrian Paul, dedicated to the worldwide improvement of the living, educational and health conditions of children. It meets this goal by distributing funds raised through various activities to organizations whose focus is the care of children. It may also create and manage direct programs to care for children in emergency situations.
The Peace Fund is also known by the acronym P.E.A.C.E, which stands for Protect Educate Aid Children Everywhere; indicating that protecting, educating and aiding children are the specific focus of their programs. P.E.A.C.E was founded by the actor Adrian Paul in 1998,[1] [2] in affiliation with the Athletes and Entertainers for Kids (AEFK) charitable organization. P.E.A.C.E has since become independent of the AEFK, operating for a time as a private charity until it applied for and received 501(c)(3) status as reported in a May 2006 press release.[3] It runs celebrity memorabilia auctions,[4] sells merchandise, participates in affiliated fundraising activities (such as Macy's Shop for a Cause [5]) and accepts direct corporate and individual donations for the funding of its programs.
Celebrities such as Adrian Paul, Tom Welling,[6] and Michael York[7] have provided auction items, participated in and/or sponsored P.E.A.C.E events.