KERKORIAN GIFTS $110K TO CLOVIS ARMENIAN SCHOOL
Fresno Business Journal
n/3843-kerkorian-gifts-110k-to-clovis-armenian-sch ool
Feb 5 2010
The Charlie Keyan Armenian Community School in Clovis is the recipient
of a $110,000 grant from the Las Vegas-based Lincy Foundation,
established by billionaire and Fresno native Kirk Krikorian.
Funds from the grant will be used for school expenses and to provide
scholarships to needy students. A portion will also be used to purchase
computer-based whiteboards for elementary school classes.
"I shouted with joy when I opened the envelope from the foundation. We
thank God for the Lincy Foundation, its benefactors, executives,
and all who placed such confidence in us. Bless each," said Principal
Sophie Mekhitarian, in a statement.
The Lincy Foundation was formed in 1989 in response to a devastating
earthquake in Armenia. Contributions from the Lincy Foundation provided
housing to displaced individuals and families. The Lincy Foundation
funding is provided solely by Kerkorian’s Tracinda Corp.
The corporation, in addition to the foundation, is named for
Kerkorian’s daughters, Tracy and Linda.
Kerkorian began his career as a pilot, first in World War II and
then as a commercial pilot transporting visitors from Los Angeles to
Las Vegas. His first business venture in Las Vegas was purchasing a
stake in the Dunes Hotel in 1955. He is now the main stockholder of
MGM Mirage Resorts and Casinos, which includes the MGM Grand Resort,
the Mirage and the Bellagio.