The AE2 Commemorative Foundation Ltd (AE2CF) was founded in order to achieve a number of Objectives:
Preservation: Corrosion of the HMAS AE2 wreck will cause further deterioration of the hull unless cathodic protection measures are implemented
Protection: Damage sustained from trawling and ship anchors can be prevented through the installation of an underwater barrier. Measures could be included in this system to warn of unauthorized diving or plunder
Promotion: A public education program centred on Australian schools. In Turkey, the program will jointly promote the story of HMAS AE2's adversary in battle: the Ottoman torpedo Sultanhisar
Working within the Australian Turkish and UK communities, our mission is to be the principle organization for all concerned with HMAS AE2, by providing leadership, undertaking research, and developing and sharing knowledge.