ARMENIAN FOUNDATION RAISING FUNDS FOR KARABAKH’S RECONSTRUCTION

Mediamax news agency
5 May 06

Yerevan, 5 May: Armenian President Robert Kocharyan said in Yerevan
today that the Ayastan All-Armenian Foundation is “a well-established
organization”.

Speaking at a session of the board of trustees of the foundation,
Robert Kocharyan suggested honouring the memory of the victims of
the ArmAvia plane that crashed over the sea near Sochi on 3 May,
Mediamax reported.

The Armenian president noted that the foundation celebrates its 14th
anniversary this year. The organization has implemented many programmes
“of vital importance to the country”.

Naira Melkumyan, executive director of the Ayastan All-Armenian
Foundation, said that the organization gathered 12.7m dollars in 2005
and has received 7.5 m dollars in four months of 2006.

The Ayastan All-Armenian Foundation implemented about 100 programmes
in Armenia and Artsakh [Nagornyy Karabakh] in 2005. In 2006, it
will focus on the Revival of Artsakh programme and 7.7m dollars have
already been collected for its implementation.