ArmeniaFund
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Armenia Fund 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 and Nagorno-Karabakh. [1]
By rallying the resources of the Armenian Diaspora, Armenia Fund has facilitated critical and urgent assistance for the fledgling republics of Armenia and Karabakh.
As a premier fundraising organization, Armenia Fund unites major Armenian-American organizations and churches west of the Mississippi under a common goal: raising vital humanitarian and infrastructure development funds for Armenia and Karabakh. Armenia Fund is not only a trailblazer in actualizing the Pan-Armenian ideology, but also a pioneer in the important task of nation building.
Armenia Fund builds its decade long reputation on high levels of accountability and financial transparency. Undergoing rigorous financial audits on an annual basis, Armenia Fund has clearly demonstrated its financial transparency to its donor base. It actively participates in oversight measures, both financial and/or project related, with Hayastan All-Armenian Fund. Quarterly visits to project sites and meticulous examination of financial documents help maintain accountability within the operational sphere of Hayastan All-Armenian Fund. Based on this, Armenia Fund has built a track record of trust amongst its donor base and the Armenian Diaspora at large.
Actively promoting grassroots involvement Armenia Fund has been able to raise over 80% of all funds from the general public. With a support base well over 20,000 donors, Armenia Fund is the largest Armenian-American grassroots, non-membership charity in the United States. Through its public outreach campaign, Armenia Fund engages all levels of the community and brings Armenia closer to the Diaspora.
In the states East of the Mississippi River, the mission of All-Armenian Hayastan Fund are led by its East Coast affiliate, Armenia Fund USA. Based in New York, the office leads fundraising efforts in the Eastern region of the United States, as well as special projects such as the Stepanakert Polyclinic.
Annually, on Thanksgiving Day, Armenia Fund hosts a live internationally telecast fundraising event: The Armenia Fund Telethon. Broadcasted live from Glendale, California, the 12-hour event airs throughout the United States, Canada, Europe, South America, the Middle East, the CIS and Armenia. The Telethon features interviews with celebrities, Armenia Fund supporters and political leaders from Armenia, Karabakh and the Diaspora. It also features progress reports on Armenia Fund projects and shares stories of lives impacted by them.
Since1996 the Telethon and has raised over $110 million dollars for large infrastructure development projects in Armenia and Karabakh including the construction of the vital Goris-Stepanakert Highway that links Armenia and Karabakh via the Lachin Corridor and the strategically crucial North-South Highway that stretches 106 miles connecting over 150 towns and villages in Karabakh.
In 2004 Armenia Fund’s Make It Happen Telethon, with its affiliates from around the world reached new heights by raising a record $11.5 million dollars for Armenia and Nagorno Karabakh.
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[edit] 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 Karakakh during the Nagorno-Karabakh War. [2]
[edit] Telethon
Beginning in 1997, an annual telethon was set-up and televised across the globe.
Armenia Fund and its 19 worldwide affiliates canceled Telethon 2001 in solidarity with its American brothers and sisters over the tragic events of September 11, 2001. The Armenian people, victims of past terrorism and genocide, deeply shared the pain and agony surrounding the United States. Countless Armenian NGOs and churches contributed to the relief efforts following the terrorist attacks.[3]
On Thanksgiving Day in 2006, the telethon managed to raise $13.6 million U.S. dollars. [4]
On Thanksgiving 2007, the telethon set a new record of $15.3 million U.S. dollars.
[edit] References
- ^ Armenia fund
- ^ Nations Abroad: diaspora politics and international relations in the Former Soviet Union By Neil J. Melvin, Charles King - Page 92
- ^ Armenia Fund Cancels Telethon 2001
- ^ $13.6 million pledged to worldwide Armenia telethon
