The Peruvian American Endowment (PAE) was funded in October 14 of 1989 in Florida by Cayetano Heredia Alumni as a non-for-profit organization. The Peruvian American Endowment, PAE, was created with the fundamental goal of raising a permanent economic fund in the U.S.A., that will grow in time through donations. The dividends earned will then pass into benefit “Cayetano Heredia” University in Lima-Peru. In the past ten years the average donation for, Libraries, laboratories, and scholarships has added to $20,000.00 per year.