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Foundation Denies Being Paid for Each Tree

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  • Foundation Denies Being Paid for Each Tree

    Panorama.am

    18:48 23/01/2007

    FOUNDATION DENIES BEING PAID FOR EACH TREE

    Armenia Tree Planting Project benevolent foundation
    and Synopsis Company planted 400 trees in Victory Park
    last November. Bella Avetisyan, public relations
    coordinator of the foundation, says the foundation
    also plants trees at the suggestion of non-commercial
    organization and closely works with them.

    According to our sources, Synopsis paid the foundation
    for tree planting. Avetisyan said the company acted as
    a local donor and did not pay for the trees or
    rendered services. The foundation assures such cases
    are very rare.

    However, Gayane Markosyan, public relations
    responsible of Synopsis, assures they have paid $15
    per each tree and have also ensured that the trees
    will be later taken care of. Markosyan refused to
    announce the total sum paid referring to company
    policy.

    Strangely enough, the foundation also refused to
    publish its annual financial report saying it is a
    commercial secret. According to the law on Freedom of
    Information, non-commercial organizations must publish
    their annual financial reports. Mher Sadoyan,
    foundation vice director said, they submit the
    financial report only to their headquarters in Boston.


    The foundation operates on the funds donated by our
    co-nationals living abroad. For example, in 2004-2005
    Gafestchyan, Hovhnanyan families, Charles G. Talanyan
    family foundation, and Michael Ohanyan donated more
    than $100,000 each to the foundation. The number of
    donors does not limit to that.


    Source: Panorama.am
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