On December 4, 1975, the University was converted into a non-stock, non-profit educational foundation -- a decision of the founding family motivated by the sincere desire to perpetuate the missionary commitment of providing relevant and quality education to the Central Luzon region. Concomitant with this decision , the Angeles couple and their children, namely, Rosario, Lutgarda, Emmanuel, Antonio, Jesusa, Josefina and Lourdes executed a Deed of Donation of their shareholdings in favor of the foundation as starting fund which resulted to the relinquishment of their ownership and proprietary rights. AUF was incorporated under Republic Act No. 6055, otherwise known as the Foundation Law, and is a tax-exempt institution approved by the Philippine government. All donations and bequests given to the AUF are tax deductible.