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Armenia Fund Participates in Global Philanthropy Forum

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  • Armenia Fund Participates in Global Philanthropy Forum

    Armenia Fund, Inc.
    111 North Jackson St. Ste. 205
    Glendale, CA 91206

    Tel: 818-243-6222
    Fax: 818-243-7222
    Url: www.armeniafund.org

    PRESS RELEASE
    Contact ~ Sarkis Kotanjian
    [email protected]

    Armenia Fund Participates in World Affairs Council's Global Philanthropy
    Forum

    Mountain View, CA - Armenia Fund U.S. Western Region was represented at
    the World Affairs Council's 6th Annual Global Philanthropy Forum held at
    the headquarters of Google in the Silicon Valley. The three day
    conference, held from April 11-13, 2007, attracted more than 450
    representatives of national and international NGOs and organizations
    that have programs designed to end rural poverty and global warming in
    different corners of the world. The Forum brings together foundation
    leaders, individual donors, social investors, and agents of change to
    learn more about opportunities for international philanthropy. Former
    U.S. President Bill Clinton on behalf of the Clinton Foundation was
    present at the conference.

    Chief Executive Officer of the Millennium Challenge Corporation (MCC),
    Ambassador John J. Danilovich was also present and delivered the keynote
    address highlighting MCC's goal of reducing poverty in countries like
    Armenia. The Millennium Challenge Compact for Armenia envisions $235.5
    million aimed at revitalizing the rural infrastructure through the
    construction of roads and irrigation networks interlinking the regions.

    Sarkis Kotanjian, Executive Director of Armenia Fund U.S. Western
    Region, met with Danilovich during the conference. He thanked Danilovich
    and the Millennium Challenge Corporation for including Armenia as a
    beneficiary country. Upon learning that Armenia Fund's Village
    Development Program in Armenia will augment the direct impact of the
    Millennium Challenge Corporation's projects, Danilovich welcomed and
    commended Armenia Fund's efforts in Armenia and pledged to work closely
    with the organization. Kotanjian thanked the Ambassador for his support
    of Armenia Fund and welcomed the idea of working together with the aim
    of fighting rural poverty in Armenia's borderline villages. Kotanjian
    also presented Armenia Fund to the participants and its 15-year history
    of bringing positive change to the lives of thousands in Armenia.

    Armenia Fund's Village Development Program will work towards reducing
    rural poverty through a comprehensive regional development program that
    entails the construction of schools, healthcare facilities, agricultural
    development and other socio-economic programs. The plan encompasses
    Armenia's 159 borderline villages in regional development clusters.
    Several villages will be linked together in an attempt to better
    coordinate their social and economic activities. Armenia's fertile
    agricultural lands and strategic location in Eurasia carries the
    potential to restore its vital role as a regional economic hub.
    Additionally, the plan envisions to aggressively stimulate agricultural
    development through microfinance lending for local farmers in the
    battered regions. The Village Development Program is pending the formal
    approval of Armenia Fund's International Board of Trustees Meeting in
    June of this year.

    "I welcome Ambassador Danilovich's words of support. The participants of
    the Global Philanthropy Forum were both impressed with the 15-year track
    record of our organization and excited to hear about the partnership of
    Armenia Fund International with the Millennium Challenge Corporation as
    it sets a good precedent for non-profits in other countries where MCC is
    involved.", said Kotanjian. `Of course, greater coordination and
    cooperation with local governments as well as other international
    development projects is vital to this program's success. I am confident
    and optimistic that through the generous support of the United States,
    Armenia will continue making strides towards a positive, healthier
    future', added Kotanjian.

    Armenia Fund would like to express its sincere gratitude to Mrs. Suzy
    Antounian of San Francisco for facilitating the Fund's participation at
    the Global Philanthropy Forum.

    Armenia Fund, Inc., is a non-profit 501(c)(3) tax-exempt corporation
    established in 1994 to facilitate large-scale humanitarian and
    infrastructure development assistance to Armenia. The Fund has rendered
    more than $160 million in development aid to Armenia. Armenia Fund, Inc.
    is the U.S. Western Region affiliate of "Hayastan" All-Armenian Fund.
    Tax ID# 95-4485698

    From: Emil Lazarian | Ararat NewsPress
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