Announcement

Collapse
No announcement yet.

Armenia Fund 1999-2000

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia Fund 1999-2000

    Armenia Fund USA, Inc.
    80 Maiden Lane, S-301,
    New York, NY 10038, U.S.A.
    T/1-212-689-5307
    F/1-212-689-5317
    http://ww w.armeniafundusa.org
    E-mail: [email protected]


    Armenia Fund 1999-2000
    1992-2007: Celebrating 15 years of nation-building in Armenia and Karabakh

    NEW YORK, New York - The year 2007 marks the 15th Anniversary of Armenia
    Fund, a pillar organization created after Armenia's independence and
    mandated with the vital task of uniting all Armenians around the world to
    direct efforts toward development and revival of the nation. For 15 years,
    the Fund, with its international affiliates across the globe, has touched
    countless lives in Armenia and Karabakh. Combining aid, development and
    direct investment, Armenia Fund has engaged Armenia's leaders, its people
    and the worldwide Diaspora to promote education, create jobs, improve public
    health and develop infrastructure, among other critical humanitarian needs.
    Today, Armenia Fund's contributions to social and economic prosperity of
    Armenia and Karabakh are unprecedented.
    The 15th Anniversary of Armenia Fund is a celebration of the past, present
    and future of the Armenian people. It is a celebration of overcoming
    challenges by working together. Above all, it is a celebration of humanity,
    courage and hope.


    Armenia Fund 1999-2000

    Armenia has come a long way since the economic and energy crisis that hit
    the country after the Soviet Union's collapse. Signs of a balanced, yet weak
    economic recovery started to emerge in 1999. Following the immense
    deterioration of the situation from 1991-1995, Armenia's economy rebounded
    and grew at 5.7 percent on average from 1996-2000. While the implementation
    of economic and social reforms brought improvements, it had insignificant
    initial impact on poverty eradication across the region. This is where funds
    for reconstruction that came through grants invested by the Armenian
    Diaspora worldwide played a crucial role.

    Armenia Fund, having developed into one of the most trusted organizations
    channeling development aid into Armenia and Artsakh, took on a strategic
    task. The organization expanded its operations significantly from 1999-2000,
    doubling the number of projects in education, public health and
    infrastructure.

    If any large-scale strategic initiative is to characterize Armenia Fund's
    achievements as a whole, the North-South Highway, started in Karabakh in
    2000, will undoubtedly top the list. The $25 million highway that extends
    about 100 miles, connecting 150 towns and villages throughout Artsakh, took
    the name "backbone of Karabakh" and became a landmark undertaking. Embodying
    the united efforts of the Diaspora, the road symbolized economic revival and
    security.

    The Vanadzor School, the oldest and most famous school in the Lori Marz in
    Armenia, was adopted by Armenia Fund following the plea from Armenia's
    President Robert Kocharian that the rebuilding of the earthquake-ravaged
    landmark institution be a priority. Established before the outbreak of World
    War II, the school prided itself in having among its graduates Armenia's
    leading artists, politicians, scientists and writers. Although damaged and
    in need of repairs following its use as a military hospital during the War,
    it nevertheless taught up to 1,100 students before the devastating
    earthquake that rendered the structure virtually unusable. Armenia, a
    one-time country that boasted 100 percent literacy rate of its citizens,
    suddenly faced a disruption of its educational system.

    Armenia Fund's $650,000 campaign not only restored the existing
    infrastructure of the school, but also provided more classrooms,
    laboratories, computer facilities, a new cafeteria, library and a sport
    complex. More than 1,500 donors and supporters became part of this inspiring
    project. Impressed not only with the experience, but also with Armenia
    Fund's "Beyond Bricks and Mortar" policy that required community
    involvement, the World Bank approved an Institution Building Grant for the
    Vanadzor School to establish standards of day-to-day management, principles
    of accountability, and a local governance committee, in effect a
    parent-teacher association, a novel concept for Armenia.

    A pilot outreach program in 1999 was the Waterways Initiative in the
    Aknaberd village of Martakert, Nagorno-Karabakh. The village, mostly
    populated by refugees of war, had no functioning water infrastructure. Lack
    of potable water undermined basic sanitation and put the entire village with
    its surrounding neighborhoods under the risk of numerous diseases brought by
    contaminated supplies. Armenia Fund led an aggressive campaign, not only
    reconstructing water infrastructure but also cleaning the existing water
    supplies. Similar, but bigger in scope, water projects were successfully
    completed in other villages of Mardakert, Shushi, Askeran, Hadrut and
    Kashatagh regions, as well as in Stepanakert.

    Over the past 15 years, Armenia Fund has invested more than $170 million in
    sustainable development in Armenia and Karabakh. This makes the Fund the
    largest contributor to critical infrastructure projects in all aspects of
    social and economic activity. Securing long-term development solutions, the
    Fund has had an outstanding impact on the lives of countless citizens of
    Armenia and Karabakh. Armenia Fund has evolved over the years into an
    organization that has an unprecedented track record of affecting change. In
    recognition to its development work, Armenia Fund was accredited to the
    United Nations in spring of 2006, as one of the most credible international
    organizations working in Armenia and Karabakh.

    To recognize and thank the Diaspora for its 15 years of continuous support
    to Armenia and Karabakh, Armenia Fund will hold a 15th Anniversary Gala
    Banquet at the United Nations on October 6, 2007. Join Armenia Fund as it
    celebrates the tenacity of the Armenian people and strength of the Armenian
    Diaspora!
Working...
X