Foundation Denies Being Paid for Each Tree

18:48 23/01/2007


Armenia Tree Planting Project benevolent foundation
and Synopsis Company planted 400 trees in Victory Park
last November. Bella Avetisyan, public relations
coordinator of the foundation, says the foundation
also plants trees at the suggestion of non-commercial
organization and closely works with them.

According to our sources, Synopsis paid the foundation
for tree planting. Avetisyan said the company acted as
a local donor and did not pay for the trees or
rendered services. The foundation assures such cases
are very rare.

However, Gayane Markosyan, public relations
responsible of Synopsis, assures they have paid $15
per each tree and have also ensured that the trees
will be later taken care of. Markosyan refused to
announce the total sum paid referring to company

Strangely enough, the foundation also refused to
publish its annual financial report saying it is a
commercial secret. According to the law on Freedom of
Information, non-commercial organizations must publish
their annual financial reports. Mher Sadoyan,
foundation vice director said, they submit the
financial report only to their headquarters in Boston.

The foundation operates on the funds donated by our
co-nationals living abroad. For example, in 2004-2005
Gafestchyan, Hovhnanyan families, Charles G. Talanyan
family foundation, and Michael Ohanyan donated more
than $100,000 each to the foundation. The number of
donors does not limit to that.


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