The Adelphic Cornell Educational Fund, (ACEF) was established in the mid 1900s from the remnants of the Burgess fund and received its ruling as a fully tax exempt 501(c)(3) in 1961.

Numerous Scholarships and Awards are Sponsored and Administered by the ACEF, including the Martin McVoy, Jr. Grants and Scholarships, the James E. Rice, Jr Writing Prize and Adelphic Writing Prizes, the Adelphic Fund Academic Awards for superior achievements, and others.

As tuition costs have continued to increase at a rate well in excess of inflation, the ACEF has committed to providing expanded Scholarship support focused on those students with financial need.