ARMENIAN CHURCH FUNDED BY PHILANTHROPISTS

news.am
Armenia
July 22 2011

YEREVAN. – The center of Armenian Apostolic Church, Holy See of
Echmiadzin, forms 16-18 percent of its budget at the expense of
selling candles and religious literature, and the rest of the expenses
make philanthropists and various organizations that contribute in
implementation of different projects, press secretary of Armenian
Catholicos, priest Vahram Melikyan told at a press conference on
Friday.

According to Melikyan, annual financial report of Holy See of
Echmiadzin is presented to Supreme Spiritual Council and then published
in the official magazine. Besides the church gives accounts to all
those people who contributed in the realization of projects.

“However, there are frequent cases when various construction or
reconstruction organizations realize charitable projects. The we have
no direct control over their expenses,” the priest added.