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]
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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. [2]
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 [3] | rebuilding Karabakh's infrastructure | |
| 2nd | 1998 | $2,100,000 [4] | 55-kilometer Segment of Goris-Stepanakert Highway | |
| 3rd | 1999 | $?? [5] | 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 [6] | 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[7] | to build North-South "Backbone" Highway in Karabakh | |
| 7th | 2004 | $11,400,000[8] | to complete the North-South "Backbone" Highway in Karabakh | |
| 8th | 2005 | $7,770,000[9] | 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[10] | 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[11] | revitalizing Armenia's rural villages in Tavush Region (part of Village Development Program) | |
| 11th | 2008 | $35,000,000[12] | core infrastructure projects in remote areas of Armenia and Karabakh (Martuni, Mardakert, Hadrut) | |
| 12th | 2009 | $15,875,043[13] | $1,800,000 | development of war-ravaged town of Shushi |
| 13th | 2010 | $20,862,733[14] | EUR 1,300,000 | development of modern drinking and irrigation water systems in Karabakh’s 200 villages |
| 14th | 2011 | $31,000,000[15] | EUR 1,350,000 | vital water and rural development projects in Armenia and Artsakh |