Armenia Fund
Encyclopedia
Armenia Fund Established in 1994 in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...

, California, Armenia Fund, Inc. is a 501(c)(3) tax-exempt, non-governmental, non-political corporation. Serving as the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

’ 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
Armenia
Armenia , officially the Republic of Armenia , is a landlocked mountainous country in the Caucasus region of Eurasia...

 and Nagorno-Karabakh
Nagorno-Karabakh
Nagorno-Karabakh is a landlocked region in the South Caucasus, lying between Lower Karabakh and Zangezur and covering the southeastern range of the Lesser Caucasus mountains...

.

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
Nagorno-Karabakh War
The Nagorno-Karabakh War was an armed conflict that took place from February 1988 to May 1994, in the small enclave of Nagorno-Karabakh in southwestern Azerbaijan, between the majority ethnic Armenians of Nagorno-Karabakh backed by the Republic of Armenia, and the Republic of Azerbaijan...

.

Telethon

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 rebuilding Karabakh's infrastructure
2nd 1998 $2,100,000 55-kilometer Segment of Goris-Stepanakert Highway
3rd 1999 $?? 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 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 $?? no info available
6th 2003 $6,000,000 to build North-South "Backbone" Highway in Karabakh
7th 2004 $11,400,000 to complete the North-South "Backbone" Highway in Karabakh
8th 2005 $7,770,000 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 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 revitalizing Armenia's rural villages in Tavush Region (part of Village Development Program)
11th 2008 $35,000,000 core infrastructure projects in remote areas of Armenia and Karabakh (Martuni, Mardakert, Hadrut)
12th 2009 $15,875,043 $1,800,000 development of war-ravaged town of Shushi
13th 2010 $20,862,733 EUR 1,300,000 development of modern drinking and irrigation water systems in Karabakh’s 200 villages
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