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  • NKR: Record High Result

    RECORD HIGH RESULT

    Azat Artsakh, Republic of Nagorno Karabakh [NKR]
    11 Dec 2006

    Telethon 2006 of Armenia Foundation had a record high amount of
    donations and pledges - 13.7 million dollars. The highest result of
    all the previous eight telethons was 12 million. The 9th telethon of
    Armenia Foundation was held to raise funds for the Rebirth of Artsakh
    Project. The result of the telethon was predictable because before
    November 23 the foundation had got a great number of donations from
    individuals and companies and the phonethons held in Armenia and
    Europe had significant results. On November 23 it was stated at the
    beginning of the telethon that it starts with already 2.4 million
    dollars of donations and pledges, including 1.2 million from Armenia
    and Artsakh and 1.4 million from Europe. The Armenians worldwide were
    not indifferent towards the Rebirth of Artsakh Project. The donations
    gathered momentum within the first hour, and philanthropists and
    "ordinary" donators sustained the high rates of growth of the result
    of the telethon. Sargis Hakobyan pledged the first large donation - 550
    thousand dollars - for the development of the region of Hadrut. Louise
    Manoogian Simon pledged 500 thousand dollars for the development of
    the region of Hadrut. During the telethon Albert Boyajian, member of
    the board of trustees, announced about his friend Gerry Turpanjian's
    donation of 1 million 250 thousand dollars. This money will be spent on
    the construction of a school in Stepanakert. Vahe Karapetian donated
    1.5 million dollars for the road to Amaras Monastery. Deputy CEO
    Harut Sasunian announced about a 2 million dollar donation by Kirk
    Kirkorian through Lincy Foundation. The money will be spent on the
    construction and reconstruction of educational institutions in NKR. Ara
    Abrahamian, president of the Union of Armenians of Russia, pledged
    1 million dollars. The money will be spent on the construction of a
    new school in Stepanakert. The American Project C.U.R.E. organization
    also pledged 2 million dollars. The regional hospital of Hadrut will
    be provided with medical equipment, which is included in the project
    of reconstruction. The same organization will give medical equipment
    costing 1.5 million dollars to the regional hospital of Martakert. The
    Los Angeles branch of the foundation donated 1.5 million dollars
    and the New York Branch donated 900 thousand dollars. The Armenian
    businessmen and companies also made donations. Michael Baghdasarov
    pledged 100 million dollars, Member of Parliament Ruben Hayrapetian,
    the president of the Football Federation of Armenia, and Member of
    Parliament Samvel Alexanian donated 50 thousand dollars each. Vivacell
    donated 70 thousand dollars, ASHIB invested 41 thousand dollars, and
    ACBA Credit Agricole Bank donated 25 thousand dollars. The foundation
    will release detailed information on donations by individuals and
    organizations of Armenia. The success of Telethon 2006 was determined
    by the fact that philanthropists and "ordinary" donators participated
    equally actively. The Rebirth of Artsakh Project got donations not
    only for the reconstruction of Hadrut but also other entitlement
    programs. Therefore, the Foundation is grateful to everyone who
    contributed. On November 23 the executive board of the foundation
    received hundreds of phone calls and donations from Armenia, Artsakh,
    Germany, Iran, Turkey, Russia, Belgium, France, Holland, Ukraine,
    Greece and other countries. The foundation will publish the names of
    donators in the annual book of the foundation in May 2007.
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