THE ACE FOUNDATION WAS ESTABLISHED TO SUPPORT EDUCATIONAL PROJECTS AND EVENTS THAT ENHANCE THE PUBLIC EDUCATION SYSTEM AND INCREASE STUDENT ACHIEVEMENT. THE MISSION OF THE FOUNDATION IS TO ENHANCE THE EDUCATIONAL OPPORTUNITIES OF CHARTER SCHOOL STUDENTS BY PROVIDING FINANCIAL AND COMMUNITY-BASED RESOURCES TO SUPPLEMENT CHARTER SCHOOL PROGRAMS AND INITIATIVES.THE PURPOSE OF THE ORGANIZATION IS TO ALLOCATE RESOURCES TO IMPROVE THE EDUCATION EFFORT THROUGH INITIATIVES SUCH AS TEACHER AND SCHOOL GRANTS, STUDENT SCHOLARSHIPS, AND RECOGNITION OF EDUCATIONAL EXCELLENCE. THE ORGANIZATION CONDUCTS FUNDRAISING ACTIVITIES AND SPONSORS ANNUAL EVENTS SUCH AS ART AUCTIONS/RECOGNITION CEREMONIES TO RAISE FUNDS FOR EDUCATIONAL NOT-FOR PROFIT ENTITIES IN THE COMMUNITY.