AF Fund Raises $79K At LA Reception

Armenia Fund Raises more than $79,000 during a reception in LA
-Five projects adopted in different regions of Armenia and Artsakh-

FOR IMMEDATE RELEASE
June 28, 2004
CONTACT: Sarkis Kotanjian
Phone: 818 243-6222
Fax: 818 243-7222
E-mail: [email protected]

Glendale, CA – Armenia Fund, Inc. (AFI) is proud to announce that
$79,000 was raised during an event that took place in Los Angeles on
June 17, 2004. The event announced the launching of a new Armenia
Fund initiative called “Adopt a Project in Armenia” The event was also
organized to honor about 120 generous supporters and friends of
Armenia Fund at the residence of the Fund’s Chairperson, Maria
Mehranian. In her opening remarks, Mehranian welcomed the guests and
thanked them for their unrelenting support of Armenia Fund’s projects
in Armenia and Nagorno Karabakh. “These are projects that are going
to make a difference in the lives of residents of Armenia and Karabagh
for many years to come. In her address to the guests she added “You
come together every time to give whatever you got, and to do whatever
it takes. I thank you for your continuous support of Armenia and
Artsakh.” The Executive Director of All-Armenian “Hayastan” Fund,
Naira Melkoumian was present at the reception and briefed the donors
on the results of the meeting of the Board of Trustees that took place
in Yerevan in May of this year, reported on the progress of the
construction of the North-South Highway in Nagorno Karabakh and
presented the upcoming programs of the Fund. “Armenia is not only our
homeland but also our common heritage that we have received from our
forefathers. It belongs to all of us – the people who live in Armenia
and the people who live in the Diaspora. It is our common duty to
make it strong and prosperous. Hayastan Fund is the organization that
unites our resources to fulfill that duty,” she added.

The executive office of Armenia Fund then unveiled the new
“Adopt-A-Project” campaign in visual presentation showcasing nine
chosen projects in different regions of Armenia and Artsakh that are
available for sponsorship. Four out of nine projects were adopted on
the spot – water distribution systems in Artsakh’s Nor Gharachinar and
Armenia’s Medovka villages, as well as schools reconstruction projects
in Armenia’s Hagvu, Gandzakar and Karbi villages with a total cost of
$79,000. Also two projects with a total cost of $331,000 are in the
process of being adopted.

Armenia Fund, Inc. is a 501 (c) (3) tax-exempt non-profit corporation
and is the U.S. West Coast affiliate of Hayastan All-Armenia Fund –
the largest Yerevan-based benevolent organization in Armenia. With is
affiliates in sixteen countries around the world, Hayastan
All-Armenian Fund has raised more than $100 million resulting in the
construction of 210 residential buildings, 138 miles of roads, 81
miles of waterways, 36 schools, 14 health care centers and three
electric transmission networks.

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