Armenia Fund

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Armenia Fund (full name “Hayastan” All-Armenian Fund, Armenian: Հայաստան համահայկական հիմնադրամ) was established in 1994 in Los Angeles, California. Armenia Fund, Inc. is a 501(c)(3) tax-exempt, non-governmental, non-political corporation. Serving as the United States’ Western Region affiliate of the “Hayastan” All-Armenian Fund along with its nineteen subsidiaries around the world, Armenia Fund, Inc. has issued over $120 million of electricity development guarantee and humanitarian revenue for Armenia.

Goals[edit]

Armenia Fund attempts to rebuild Armenia's economy and assist in the well-being of life in the region. Additionally, the organization attempts to rebuild major infrastructures damaged in Karabakh during the Nagorno-Karabakh War.[1] The Fund has adopted a policy to go “Beyond Bricks and Mortar” to provide sustainability for projects it sponsors.[2]

Network[edit]

“Hayastan” All-Armenian Fund, Armenia Fund USA Inc.'s parent organization, through its affiliate organizations has presence in 16 countries around the world: United States, Canada, Brazil, Argentina, Great Britain, France, Netherlands, Germany, Switzerland, Austria, Sweden, Greece, Cyprus, Lebanon, Syria, and Australia.[3]

Corporate Board of Armenia Fund USA Inc.[edit]

  1. Ara Aghishian, Esq. Chairman;
  2. Armenian Assembly of America;
  3. Armenian Cultural Foundation;
  4. Armenian Catholic Eparchy of U.S. and Canada;
  5. Armenian Evangelical Union of North America;
  6. Armenian General Benevolent Union;
  7. Armenian Relief Society of Western U.S.A.;
  8. Nor Serount Cultural Association;
  9. Tekeyan Cultural Association of America;
  10. Western Diocese of the Armenian Apostolic Church of America;
  11. Western Prelacy of the Armenian Apostolic Church of North America;[4]

Telethon[edit]

Beginning in 1997, an annual telethon was set up and televised across the globe.

Telethon No. Year Raised Phoneathon Main Goal
1st 1997 $2,600,000 [5] rebuilding Karabakh's infrastructure
2nd 1998 $2,100,000 [6] 55-kilometer Segment of Goris-Stepanakert Highway
3rd 1999 $5,006,196[7] to construct the 169-km North-South "Backbone" Highway in Karabakh
4th 2000 $?? continued construction of the North-South Highway in Karabakh, Armenia, as well as the construction of four schools in the country's earthquake zone
cancelled 2001 $0 [8] Armenia Fund and its 19 worldwide affiliates cancelled Telethon 2001 in solidarity with its American brothers and sisters over the tragic events of September 11, 2001
5th 2002 $5,000,000[9] $650,000 continued construction of the North-South Highway in Karabakh
6th 2003 $6,000,000[10] to build North-South "Backbone" Highway in Karabakh
7th 2004 $11,400,000[11] to complete the North-South "Backbone" Highway in Karabakh
8th 2005 $7,770,000[12] revitalizing war torn region of Mardakert (Karabakh) - including renovation of a regional hospital, construction of a water pipeline network, agricultural development, and the construction of new local school.
9th 2006 $13,700,000[13] revitalizing war torn region of Hadrut (Karabakh) - including reconstruction of a regional hospital, a series of new schools, new water pipelines and distribution networks, as well a comprehensive regional agricultural development program
10th 2007 $15,275,000[14] revitalizing Armenia's rural villages in Tavush Region (part of Village Development Program)
11th 2008 $35,000,000[15] core infrastructure projects in remote areas of Armenia and Karabakh (Martuni, Mardakert, Hadrut)
12th 2009 $15,875,043[16] $1,800,000 development of war-ravaged town of Shushi
13th 2010 $20,862,733[17] €1,300,000 development of modern drinking and irrigation water systems in Karabakh’s 200 villages
14th 2011 $31,000,000[18] €1,350,000 vital water and rural development projects in Armenia and Artsakh
15th 2012 $21,400,000[19] €1,425,000[20] "community centers – multi-purpose structures housing a health care center, a library, a modern computer room with internet access, an auditorium for trainings, town hall meetings and cultural events, as well as a village administration and accounting office."
16th 2013 $22,661,372 €1,460,000[21] Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh
17th 2014 $12,399,550[22] €1,370,000[23] Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh

See also[edit]

References[edit]

External links[edit]