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Armenia Fund 2001-2006: Building Sustainable Foundations for Future

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  • Armenia Fund 2001-2006: Building Sustainable Foundations for Future

    Armenia Fund USA, Inc.
    80 Maiden Lane, Suite 301
    New York, NY 10038
    Tel: 1-212-689-5307
    Fax: 1-212-689-5317
    http://www.armeniafundusa.org
    e-mail: [email protected]




    Armenia Fund 2001-2006
    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 2001-2006: Building Sustainable Foundations for the Future

    "Build a New Horizon" dubbed Armenia Fund's 2005 International Thanksgiving
    Telethon. It was, however, more than just a slogan. The campaign was a call
    of confidence for new directions that the organization was taking to better
    address pressing needs of development in Armenia and Karabakh.

    Armenia Fund was established out of a need to meet day-to-day challenges of
    newly independent Armenia. The organization's proactive approach to
    development that ranged from providing shelter for those left without home
    to rebuilding schools and water supply systems of vulnerable communities
    gradually expanded its mission, reach and impact.

    Having completed over 250 humanitarian and development projects by 2003,
    Armenia Fund brought regional development and investment in economic
    revitalization at the forefront of its activities. Years 2003-2006 were most
    decisive: the Fund adopted a policy to go "beyond bricks and mortar" and
    focused on long-term solutions for sustainable economic growth. The Fund
    also expanded its cooperation with different like-minded organizations and
    self-governing entities in Armenia and Karabakh. By 2004, over 100 such
    non-governmental organizations were working with Armenia Fund, further
    enhancing civil society involvement in Armenia's day-to-day social and
    economic life.
    The year 2005 was full of bold initiatives, and, most importantly, marked a
    major shift from funding separate large-scale infrastructure projects to
    investing in regional development. Over years, Armenia Fund had successfully
    completed over a dozen landmark projects - be it in public health, education
    or economic infrastructure. The two major highways linking the region at
    most important crossroads, or the state-of-the-art Armine Pagoumian
    Polyclinic and Diagnostic Center of Stepanakert, which has the unique
    distinction of being the only medical facility in the region that the
    population can rely on in case of medical emergencies and for preventive
    care, all have had a measurable impact on improving daily lives of the
    people in Armenia and Karabakh.

    With such viable infrastructure in place, the economy of Armenia and
    Nagorno-Karabakh still needed a boost to reduce poverty in the country and
    open new roads toward sustainable economic growth. This is why Armenia Fund
    launched the Rebirth of Artsakh Regional Development Program in 2005. The
    main components of this comprehensive plan - agriculture, housing, medical
    facilities, roads and schools, were designed to invest in the economy of
    rural areas. Since the economy of Karabakh is so much dependent on
    agriculture, the Agricultural-Initiative provided critically needed support
    to subsistence farmers to help them move from mere existence to
    self-sufficiency and economic mobility.

    Starting in 2006, Agricultural Development Associations (ADAs) were
    established throughout the Mardakert and Hadrut regions of Karabakh. These
    set up facilities to own, maintain and operate various types of farm
    equipment and provide mechanized services to farmers to work the land at
    affordable rates. The ADAs provided technology packages including access to
    farm equipment (tractors, harvesters, haying) along with other support
    elements such as fertilizer, plus training in farm management and animal
    husbandry.

    The unique success of Armenia Fund's Agricultural Initiative was widely
    recognized throughout Armenia and Karabakh, and currently efforts are made
    to replicate the same cluster model development in other regions. By 2006,
    Armenia Fund had set the stage for a new development approach and a broader
    vision for eradicating rural poverty.

    "Growing up" with Armenia since its independence, Armenia Fund has developed
    into a structure that is now not concerned with Armenia's day-to-day
    survival. Today, the Fund is called upon to respond to urgent economic needs
    of a dynamic country where development needs to reach to every segment of
    the society, and where each undertaking needs to be turned into a renewed
    opportunity and investment in the people.

    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!
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