Armenia Fund

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Armenia Fund.png

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. Lately the government of Armenia has been contributing to the fund since the fund has been receiving less support and not being able to meet its initial goals. [1]

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.[2] The Fund has adopted a policy to go “Beyond Bricks and Mortar” to provide sustainability for projects it sponsors.[3]

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.[4]

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;[5]

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 [6] rebuilding Karabakh's infrastructure
2nd 1998 $2,100,000 [7] 55-kilometer Segment of Goris-Stepanakert Highway
3rd 1999 $5,006,196[8] 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 [9] 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[10] $650,000 continued construction of the North-South Highway in Karabakh
6th 2003 $6,000,000[11] to build North-South "Backbone" Highway in Karabakh
7th 2004 $11,400,000[12] to complete the North-South "Backbone" Highway in Karabakh
8th 2005 $7,770,000[13] 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[14] 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[15] revitalizing Armenia's rural villages in Tavush Region (part of Village Development Program)
11th 2008 $35,000,000[16] core infrastructure projects in remote areas of Armenia and Karabakh (Martuni, Mardakert, Hadrut)
12th 2009 $15,875,043[17] $1,800,000 development of war-ravaged town of Shushi
13th 2010 $20,862,733[18] €1,300,000 development of modern drinking and irrigation water systems in Karabakh’s 200 villages
14th 2011 $31,000,000[19] €1,350,000 vital water and rural development projects in Armenia
15th 2012 $21,400,000[20] €1,425,000[21] "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[22] Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh
17th 2014 $12,399,550[23] €1,370,000[24] Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh
18th 2015 $10,378,465 Construct single-family homes for families in Nagorno Karabakh who have five or more children and lack adequate housing.
19th 2016 $15,428,777[25] €1,340,000[26] Rebuilding of war-ravaged communities in Nagorno Karabakh, emergency and disaster preparedness for Nagorno Karabakh, and the construction of homes for Nagorno Karabakh families with multiple children.

See also[edit]

References[edit]

External links[edit]