Given that the country is facing a horrible situation of COVID-19, post-war problems, in addition to an unprecedented number of displaced persons, the Fund is doing everything possible in its physical capacity to address immediate problems. Complete financial reports will be provided in short order.

The majority of monetary donations received by Armenia Fund in the United States have been in the form of bank checks and credit cards (online, in-person, mail). Cash donations form a small portion of donations and mainly have originated from public events and in-store boxes.

Armenia Fund provides receipts on letterhead with tax ID information, consistent with IRS regulations. Cash donations receive a “cash entry” receipt and subsequently a donation acknowledgment letter/receipt on letterhead.

Promises or pledges made during the Telethon take an average of 3-4 months to be paid by donors. The ArmeniaAid October 10 Telethon held in benefit of the Fund saw an unprecedented rapid fulfillment of pledges and promises. As a matter of fact, $1.5 million in new donations were generated immediately after the Telethon as a result of buzz from the event.

Donations received from the ArmeniaAid Telethon held on October 10 were largely in the form of bank checks and online and in-person credit card donations. The Telethon was organized by a group of very dedicated donors, supporters and professionals, benefiting Armenia Fund. The Fund is grateful to all the donors and supporters who contributed an unprecedented amount of $30.5 million during this telethon. Promised/pledges from this Telethon have all been paid and fulfilled.

Hayastan All-Armenian Fund (HAAF) is Armenia Fund, Inc. ‘s implementing partner for projects in Armenia and Artsakh. HAAF is legally and financially separate from Armenia Fund Inc. Donations from Armenia Fund, Inc. were transferred to Hayastan All-Armenian Fund for the purposes of only civilian humanitarian and medical relief efforts, and Hayastan All-Armenian Fund (HAAF) has confirmed that no funds from Armenia Fund, Inc. or any residents of the United States were transferred to any government agency in Armenia.

The projects implemented by Armenia Fund – schools, roads, hospitals, and community centers – have an eye to the future. We are driven by the principle that our work today will have an impact on the future and we take that responsibility seriously.

Every year, Armenia Fund undergoes a voluntary financial audit of all its activities,performed by Grant Thornton. The audit ensures that the highly valued donations to Armenia Fund are used efficiently so that the quality of our work is always maintained.

We take the trust endowed to us seriously and that is why we have implemented astringent set of standards and checks internally and with all entities with which we work. We are convinced that we must always adhere to a high quality standard and stay accountable to our principles and our supporters.

Armenia Fund was established with one goal around which Armenian around the world unified: to make Armenia a better place. Today, that goal continues to be shared by our benefactors and it is what drives our work day in and day out.

Armenia Fund is the largest humanitarian organization serving the needs of the Republic of Armenia and the Artsakh Republic. Our mission is to connect the people of Armenia with the worldwide Armenian Diaspora to create a better homeland for the Armenian nation.

Established in 1994 in Los Angeles, California, Armenia Fund, Inc. (USA) is a 501c3 non-profit, non-governmental, non-political, non-religious organization headquartered in California with a governing Board of Directors, whose members are all from the United States. When you give money to ArmeniaFund, you become an important and life-changing member of the ArmeniaFund community. You directly effect the people and the future of Armenia. From building roads to building schools, together we can rebuild, refurbish and revitalize our motherland.