Armenia Fund


Armenia Fund was established in 1994 in Los Angeles, California. Armenia Fund, Inc. is a 501 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.

Goals

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

Network

“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.

Corporate Board of Armenia Fund USA Inc.

  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;

    Telethon

Beginning in 1997, an annual telethon was set up and televised across the globe.
Telethon No.YearRaisedPhoneathonMain Goal
1st1997$2,600,000rebuilding Karabakh's infrastructure
2nd1998$2,100,00055-kilometer Segment of Goris-Stepanakert Highway
3rd1999$5,006,196to construct the 169-km North-South "Backbone" Highway in Karabakh
4th2000$2,482,567continued construction of the North-South Highway in Karabakh, Armenia, as well as the construction of four schools in the country's earthquake zone
cancelled2001$0Armenia Fund and its 19 worldwide affiliates cancelled the 2001 Telethon in solidarity with their American brothers and sisters over the tragic events of September 11, 2001
5th2002$5,000,000$650,000continued construction of the North-South Highway in Karabakh
6th2003$6,000,000to build North-South "Backbone" Highway in Karabakh
7th2004$11,400,000to complete the North-South "Backbone" Highway in Karabakh
8th2005$7,770,000revitalizing war torn region of Mardakert - including renovation of a regional hospital, construction of a water pipeline network, agricultural development, and the construction of new local school.
9th2006$13,700,000revitalizing war torn region of Hadrut - 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
10th2007$15,275,000revitalizing Armenia's rural villages in Tavush Region
11th2008$35,000,000core infrastructure projects in remote areas of Armenia and Karabakh
12th2009$15,875,043$1,800,000development of war-ravaged town of Shushi
13th2010$20,862,733€1,300,000development of modern drinking and irrigation water systems in Karabakh's 200 villages
14th2011$31,000,000€1,350,000vital water and rural development projects in Armenia
15th2012$21,400,000€1,425,000"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."
16th2013$22,661,372€1,460,000Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh
17th2014$12,399,550€1,370,000Vartenis to Martakert Highway which will connect the northern regions of Armenia and Nagorno Karabakh
18th2015$10,378,465Construct single-family homes for families in Nagorno Karabakh who have five or more children and lack adequate housing.
19th2016$15,428,777€1,340,000Rebuilding 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.
20th2017$12,505,456support of agricultural-development projects in Nagorno-Karabakh
21st2018$11,109,633variety of large-scale development projects, including introduction of latest field irrigation and solar power technologies to Armenia’s and Artsakh’s economically depressed areas
22nd2019$9,856,100fresh infrastructure projects in Nagorno-Karabakh and Armenia