Peach stands for Promoting Education, Art, and Community Harvest. Created by a group of U.S. citizens in 2001, Peach Foundation is a California non-profit organization with no political or religious affiliations. The Peach Foundation was formed to help children from the poorest parts of China obtain an opportunity to complete a college education. The Foundation makes arrangement with local regions to elect qualified teachers, who are then entrusted to recommend students based on financial need and academic potential. After a stringent evaluation process, selected students will receive financial assistance directly in the form of a scholarship. The teachers from the local regions are responsible for communicating with the Peach Foundation and for handling matters related to this task. Each year, appointed volunteers representing the Foundation will travel to various regions in China at their own expense to evaluate the program. Since 2002, Peach has also published its own annual reports that summarize their progress.