LOS ANGELES — Armenia Fund Telethon 2012 has raised $21,422,477 in pledges to support vital humanitarian and infrastructure projects in Armenia and Artsakh. The funds will be used to revitalize Armenia’s struggling communities, strengthen Artsakh’s strategic border villages and assist in Syrian Armenian relief efforts.
This year, fundraisers have been held in the United States, Canada, France, Germany, Switzerland, Belgium, Holland, Greece, Sweden, Great Britain, Austria, Australia, Argentina, Brazil, and Russia. Funds raised through all 2012 events have been added to the proceeds of the Telethon, and the grand total was announced prior to the conclusion of the event.
$12 million had been donated at a fundraising dinner organized in Moscow at Golden Palace restaurant complex on November 8 belonging to Moscow-based Armenian tycoon Konstantin Manukyan. The biggest donors were Reso Garantia company’s founders, Sarkisov brothers, who donated $4 million. Last year they donated $3 million. The sum is intended for the reconstruction of Stepanakert N1 school.
The second biggest donor of this year is Levon Hayrapetyan who has promised $2 million for the construction of Suvorov military academy in Nagorno Karabakh. The third biggest donor is Hayk Magakelyan with $1.6 million.
The owner of “Tashir” Group of Companies Samvel Karapetyan has promised to donate $1.5 million.
Last year the Fund raised more than $30.9 million.

1 comment
  1. Very interesting to read the article. I am surprised how India has so much money to give to the cause. Can they do again this year.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

Yura Movsisyan Scores a Hat-Trick in Spartak Moscow Debut

MOSCOW ((R-Sport)) — A debut hat-trick from Yura Movsisyan for Spartak Moscow…

European Parliament Committee Calls for Freeze on Turkey EU Accession

BRUSSELS — Members of the European Parliament’s Committee on Foreign Affairs called…

Hayk Demoyan to Discuss the Future of the Republic of Armenia at Ararat-Eskijian

MISSION HILLS — Dr. Hayk Demoyan, Director of the Armenian Genocide Museum-Institute…

All Bodies Handed Over to the Armenian Side Mutilated, Deputy DM Tells ICRC Rep

YEREVAN (Armradio) — Armenia’s First Deputy Defense Minister David Tonoyan met with…