Fall 2007 Newsletter - Children of Armenia Fund

COAFKIDS
N
VOLUME 1 • ISSUE 3
E
W
S
L
E
T
T
QUARTERLY UPDATE AND 2006 ANNUAL REPORT
E
R
Fall 2007
IN THIS ISSUE
Progress in Armenia..........................................1
A Message from the Founder & Chairman . ....2
COAF ANNUAL REPORT 2006...................3
Message from the Chairman............................3
COAF’S Comprehensive Rural
Development Model.........................................4
Infrastructure....................................................5
Economic Development...................................6
Health Care........................................................7
Social Development..........................................8
Education..........................................................9
COAF’s Accomplishments in 2006..................10
Financial Summary.........................................11
Our Supporters..........................................12-13
Chairman Awarded Medal of Honor..............14
Ways to Support COAF....................................15
Save a Generation Awards Dinner..................16
www.coafkids.org
Progress in Armenia
I
n the short time that we have been
renewing rural villages of Armenia, our donors, board of directors, volunteers and staff of COAF
are proud to celebrate the dramatic
improvements in the quality of life of
so many children and villagers.
With our success since inception,
the weight of responsibility of reaching so many more children in need
is being felt by all of us as we plan
our fourth annual Save a Generation
awards dinner on October 19 at Cipriani 42nd Street.
This year we are looking forward
to surpassing our record fundraising
results from last year. We are excited
once again to have the opportunity to
celebrate our achievements and to pay
tribute to all of you who have made
this success possible. This will also be
a chance to reflect on the continuing
needs in rural Armenia and embrace
the challenges and responsibilities
ahead. The evening will be an opportunity for us to commit to expanding
our work to improve the lives of so
many more children living in the villages of Armenia.
Over the years, philanthropists, academics and development organizations
have been asked whether international
development can be successful, whether philanthropic support can foster a
sustainable solution to the challenges
and poverty in the world. The answer
is yes – definitely. Our efforts during
the last three years are a testament to
this, as the lives of more than 10,000
villagers and children have undergone
improvement on all fronts. The impact
has been felt in the economy, education system, health care system, many
social and civic programs and most
importantly, in the smiles of hope and
determination we see on the faces of
our children.
For example, the Model Village pilot
project launched in 2004 in Karakert,
a village of 5,000, is now the first integrated village development program to
be recognized worldwide as an exemplary template of sustainable development by international aid agencies
and donors alike. On this note, we are
delighted to report to you that as we
Progress...continued on page COAFKIDS • Vol. 1, Issue 3
A Message From the Founder & Chairman
A
s we prepare for our Annual Save a Generation
awards dinner on October
19 at Cipriani 42nd Street in
New York City, we feel privileged
to have expanded our list of accomplishments benefiting growing numbers of our children who
reside in the six villages in our Model Cluster project. On
this occasion, please accept my sincere thanks to each
of you for your steadfast support of our efforts to save
Armenia’s most precious asset – our children.
This issue of our newsletter includes our 2006 annual
report and our audited financial results. Combining
these two publications into one is another example of
how our efforts to use every dollar available for our fundamental mission in Armenia. As always, we welcome
your comments and suggestions on both the newsletter
content and the annual report for 2006. We strive to
make them concise and informative and to provide you
with the most transparent look into our work and methodologies.
Also included in this issue is a preview of our annual
awards dinner. This year we are delighted to welcome
Sherry Lansing, the CEO and Founder of The Sherry
Lansing Foundation, Oscar winner of the Humanitarian Award in 2007 and Former Chairman and Head of
Paramount Pictures as our keynote speaker and award
recipient. With Borat co-star Ken Davitian as our master
of ceremonies, we are all in for a very special evening.
We’ll have lots of other surprises in store and after the
dinner and the celebration, we’ll have the resources necessary to continue our work on behalf of our children in
rural villages.
Again, my sincere thanks to all of you who make this
work possible. We are proud of our accomplishments
but ever mindful of all that remains to be done. We look
forward to seeing you on October 19th and to your
continued commitment to our critical mission.
- Garo H. Armen
Progress in Armenia...continued from page expand our programs to a cluster of
six villages, we have succeeded in
our efforts to expand our partnerships with a number of the global
agencies, including the government
of Armenia, whose efforts to help
the reconstruction of the roadways
around and within our villages will
make for further dramatic improvements in our Model Cluster project.
Only with the help of our generous donors, has COAF been able to
meaningfully improve the quality
of all aspects of life in the cluster of
villages where our work is presently
underway. Last year our program
created 562 new jobs; helped 2,300
villagers gain access to utility water;
helped 535 farmers gain access to
irrigation water; brought medical
information and health management
to 2,800 adults and 2,830 children;
guaranteed 1,187 villagers access to
much needed medication; trained
158 volunteers in first aid and
disease prevention; and significantly
improved the school environment
for 798 children, resulting in an increased attendance in these schools.
COAF has helped many more villagers improve their harvest, gain access
to health care, learn about children’s
rights and receive training in conflict
resolution in schools. COAF has also
introduced the only rural transportation system in this part of the country, reconnecting people in all of the
Model Cluster villages.
“We are very proud of our accomplishments but we must not rest on
our success,” said Garo H. Armen,
founder and chairman of COAF.
“With our Model Cluster project, we
are currently working to replicate the
successes of our Model Village in five
villages clustered around Karakert.
Over the next years, COAF aims to
improve the lives of 16,600 villagers,
including 6,985 children in the area.”
Garo Armen added, “COAF’s
work is unique and successful.
However, time is not on our side.
Armenia’s villages are in desperate
and urgent need of our help. We
have taken on the challenge and
expanded our program from one
village to a cluster of six villages. We
are confident that we will be able to
reach other parts of Armenia with a
vision of steady, healthy and efficient
growth, with very dedicated employees and volunteers, the help of
partner organizations with whom we
share our methodology, and just as
importantly, with the support of our
donors.” n
Children of Armenia Fund
ANNUAL REPORT 2006
Infrastructure • Economic Development • Health Care• Social Development
T
he year 2006 marked an important milestone for COAF. For the first
time, total revenues exceeded US $2.6 million, a testimony to the support and confidence the organization enjoys from donors and partners.
Today, across our multi-pronged comprehensive development program we are
delivering focused, measurable results in six villages of the Republic of Armenia. Despite a growing number of challenges, including substantially higher
cost of doing business in Armenia, principally due to the devaluation of the
dollar, COAF is emerging as a leader in comprehensive rural development.
Our unique and holistic approach to community revitalization has earned the
attention of both governments and organizations alike. In our work, we have
successfully engaged the local citizens, sharing and building knowledge with
different village groups and have mobilized key partnerships to confront rural
Armenia’s most pressing development issues.
In 2006, we touched the lives of more than 16,000 people, of whom 4,500
are children and youth. We expanded our program to Argina, Dalarik, Lernagog, Myasnikyan, and Shenik, which together with Karakert form our experimental Model Cluster. Our work was carried on in several areas, including
health, infrastructure and economic development, civil society, social and municipal services, as well as special projects. We worked at the ground level with
local municipalities, village councils, non-governmental organizations, and
common citizens to promote learning and planning, organization and training. Ultimately, we shared the common goal of rebuilding community life.
Throughout program implementation, from planning to turn-key operation, we encouraged residents to take an active role in our program, to leverage
their ideas, to set the community priorities, and to express their commitment
through the village coordinating committees. Working closely with the village
communities, our development model consistently promoted participation;
encouraged people to draw on their own capabilities, to take ownership of their
progress and to celebrate their successes; and ensured that they are equipped to
manage effectively in the future.
We are committed to translating what we have learned and accomplished
into a model that can help other rural communities in Armenia and throughout the world.
Garo H. Armen
COAF 2006 ANNUAL REPORT
COAF seeks to reverse the impoverished conditions affecting significant numbers
of Armenia’s children by revitalizing Armenia’s villages and implementing
projects that provide immediate and sustainable benefits to children and youth. We accomplish our mission by implementing a Comprehensive Rural Development Program that
aims to improve the lives of vulnerable communities by providing the necessary infrastructure and
essential resources for community-based sustainable development and providing villagers with the
opportunities and tools to rebuild and revitalize their communities.
COAF’s Comprehensive Rural
Development Model
I
n 2006, COAF focused its operations in the Republic of Armenia, a
country that presents a multitude of development challenges. We adjusted our comprehensive development model based on the results of the
evaluation of the Model Village project in Karakert, and expanded our program to the Model Cluster to include five neighboring villages in the Armavir
district, namely Argina, Dalarik, Lernagog, Myasnikyan, and Shenik, which
form a loop around Karakert. In the preliminary phase, COAF compiled the
profile of the villages, which would form the Model Cluster. The selection of
these villages was made on the basis of their proximity to Karakert and the
short profile of each community, including the opportunities and challenges
in each village community, and the level of available local expertise and technical know-how.
Subsequently, COAF initiated a Participatory Rural Assessment (PRA) to
identify the specific needs of each village and the respective degree of criticality of the intervention. Through the PRAs, COAF explored existing opportunities and sources of competitive advantage and developed pre-intervention
baseline data on key indicators. In a series of town hall meetings following
the assessments, COAF facilitated a process through which the community
validated the collected data, confirmed the most critical and high-impact
projects, ranked the targeted interventions in the order of priority, and elected a Coordinating Committee to act on its behalf in the planning and implementation of projects.
The development approach
we use assumes that clustering
optimizes the use of available
resources and plays a key role in
generating economic growth and
realizing equitable and sustainable
development. In addition, the
clustering approach is expected to
provide the framework for building
inter-community relationships,
for leveraging resources that can
be shared amongst the villages in
the cluster, such as expert social
and medical services, as well as
public or municipal services and
entrepreneurial ventures.
Our development model is comprehensive and encompasses infrastructure, including reconstruction of water networks, renovation of public institutions, and establishment of telecommunications and municipal services; economic
development, geared to increasing capacity and technical know-how through vocational and business training, helping
villagers function productively, increasing access to lending institutions and new markets; health care, including modernization of facilities, equipment and specialized training of medical staff with emphasis on primary and preventive
care, and community health education; and social development, geared to creation of social groups for organizing
community recreational and cultural activities, increasing foreign language competency and computer literacy. We work
in collaboration with a number of organizations, including advocacy groups, international and local non-governmental
organizations, and regional governments and municipalities. This annual report will provide a summary of activities
related to our Rural Development Methodology.
COAF 2006 ANNUAL REPORT
Infrastructure
T
he infrastructure component of COAF’s comprehensive rural development programs in Armenia is based on the principle that upgrading
infrastructure is one of the essential ingredients to reducing poverty
and achieving sustainable growth. COAF’s infrastructure projects aim at improving access to vital resources such as water, gas, and roads and at enabling
access to other essential resources such as schools, health clinics and community centers.
Like in many other developing countries, farming is the primary source of
sustainable income and security for the rural families in our Model Cluster.
Thus, in 2006, our rural infrastructure development program focused on providing the resources necessary for increasing farming potential. In partnership
with the World Bank, COAF realized the reconstruction of 10.3 kms (6 miles)
of pipeline that improved the irrigation of 619 hectares of land.
COAF’s
infrastructure
projects aim at
improving access
to vital resources
such as water,
gas, and roads
and at enabling
access to other
essential resources
such as schools,
health clinics and
community centers.
In 2006, COAF rehabilitated Karakert’s water network, which is used for
irrigation and other utilities. This network connected 1000 residents to the system and improved the water supply for 1300 residents. Parallel to this project,
the rehabilitation of water networks in Dalarik, Lernagog and Myasnikyan was
realized through a local public-private company. Similarly, COAF marshaled
other partnerships for the construction of the natural gas distribution channels
to reach Shenik and Argina residents for completion in 2007.
During the year, our building reconstruction projects ranged from completing those started in 2005, to launching new ones. In Karakert, the complete
refurbishing of the Health Clinic was accomplished in partnership with the
World Bank and the capital reconstruction of the Community Center and
Public Library was adopted as a COAF/USAID/UNDP partnered project.
The reconstruction projects launched in 2006 included the Shenik School as
a COAF/USAID/UNDP partnered project and three others solely sponsored
by COAF: the Shenik Sports Complex adjacent to the School, which will serve
the local community and the neighboring villages; the Dalarik School, which
will accommodate a projected student population of 650; and the Lernagog
School, which will accommodate 275 students.
COAF was successful in bringing Internet connections to Karakert and Lernagog with the potential to reach out to the other villages in the Model Cluster.
We also created an inter-village passenger transportation system that serves all
six villages, facilitating the exchange and sharing of knowledge and expertise,
while promoting social interaction among village families.
COAF 2006 ANNUAL REPORT
Economic Development
R
ural Armenia faces challenges related to job creation, advanced management know-how and marketing protocols, access to new technology and financing, infrastructure, and optimal land use. COAF’s
economic development program focuses on helping villagers address these
challenges through various technical and intermediary assistance initiatives
for economic growth.
Within the sphere of our development projects in 2006 and as a direct result of the improved economic activity, 562 new jobs were created. Of these,
78 percent were in agriculture (seasonal), 4 percent in education, and 18
percent in various other occupations. Additionally, 74 temporary jobs were
created in construction. While the population in the cluster increased by an
average 3 percent in 2006, there was also a concurrent drop in the number of
laborers seeking employment abroad or families returning to their respective
villages driven by the increased economic opportunity, especially in construction. Another derivative outcome is the increased demand for agricultural
land in the Model Cluster villages and the average 98 percent increase in the
price of land sold in 2006. Increased economic activity also is confirmed by
private initiatives in the Model Cluster villages. In 2006, there were 18 private reconstruction projects in Karakert, 60 percent of which were creating
or expanding small businesses and 40 percent were improvements to private
homes.
COAF delivered technical assistance to 168 families in high-yield vegetable gardening. The beneficiaries were trained in the full range of gardening
techniques, from how to start seedlings indoors to planting, watering, and
fertilizing. At the end of the project, the villagers reported that their yield
had quadrupled compared to the traditional gardening method, resulting in
a 203 percent increase in the family income from the sale of the increased
produce.
In the sphere of assisting families to increase their income earning capacity,
COAF and Heifer International joined forces to realize the Passing on the Gift
pilot project in the Shenik community. Twenty beneficiary families received
assistance in constructing their backyard barn and each received one cow
upon meeting the required standards of animal care. This project is expected
to increase the beneficiary families’ income by 20% in the current year and by
an additional 20% in the following year.
Artur Yengibaryan is the owner
of ArtVillShin LLC, the furniture
manufacturing plant in Karakert.
Established in 2005, the plant
initially functioned in a 250 sq.m.
rented facility and began training
a few local residents in furniture
manufacturing. From making
simple chairs at first for limited
retail sale, the company has
achieved competitive standing in
2006. While in 2005, ArtVillShin
solely filled COAF orders of
furniture for the Karakert School
and kindergartens, its 2006
clientele has grown to include
establishments throughout
the country — to mention a
few, the Association of Young
Attorneys, UN-WFP, Armenia
Lada, Italian Embassy, and Yerevan
State University. Artur has
been successful in improving
the quality of his products and
increasing manufacturing speed,
thus lowering his costs. Also,
ArtVillShin’s revenues have grown
by 28 percent in 2006. Artur has
reinvested his 2006 profit into
the business, acquiring 15,000
sq.m. real estate where his plant
is currently located. ArtVillShin
employs up to 14 local residents.
COAF 2006 ANNUAL REPORT
Health Care
T
he prevailing health care system in rural communities of the Republic
of Armenia is built on the practice of responding to acute problems,
attending to urgent needs or pressing concerns. COAF’s health care
program focuses on reversing that practice by way of increasing access to primary healthcare, including testing, diagnosing, and follow-on referrals. Additionally, given that many conditions are preventable, our health care interface
with village health units centers on prevention support. Village communities
are systematically provided with information and skills to reduce health risks,
to stop using tobacco products, to eat healthy foods, and to lead a healthy life
style.
In 2006, COAF provided continuous coaching, on-the-job and specialized
training to 28 local health staff, which improved the level and quality of service recording an average 26 percent increase in access throughout the Model
Cluster health units. Further, as part of the community health education, 30
trainers were trained to train 528 women in reproductive health and rights;
158 community volunteers and educators were trained in first aid, healthy life
style, management of chronic diseases, and prevention of infectious diseases;
and 1,187 villagers received free medicine.
Special attention focused on measuring children’s health for two reasons:
first, because young people are basically unable to act as self-advocates; and
second, because their health determines the health of the future population.
COAF expanded its health care program to address the health and rights of
children. Access to primary health care included complete physicals of 1,898
children; dental screening of 233 children in partnership with the Armenian
Dental Society of California; eye care of 1,143 children and 433 adults in
partnership with the Armenian Eye Care Project; Microbac training of 2,830 pre-school and
school children in basic hygiene in partnership
with Fighting Against Infectious Diseases in
Emerging Countries; training of 150 professionals and parents in early detection and prevention of children’s disabilities, along with
availing them of guidelines on integration of
disabled children in society. Additionally, in
partnership with UNICEF, COAF established
a psycho-social center in the Dalarik Municipality for helping children diagnosed with
psycho-social problems.
True to the concept of clustering and with financial support from the Armenian Medical Fund (New York), COAF strengthened the Myasnikyan Polyclinic with new diagnostic equipment, including a portable X-Ray machine to
serve all cluster populations. This polyclinic will serve as the center for providing expert and specialized health care to the entire cluster. The Polyclinic specialized services will include ears/nose/throat, ophthalmology, X-Ray, cardiology, general surgery, oncology, dermatology, therapeutic dentistry, emergency
care, and physiotherapy.
Karineh is one of 9 health staff
members working in the Karakert
outpatient clinic. She recounts
the way she was trained to
work before she was retrained
in family nursing and integrated
case management. “Not only did
I learn a lot during the six-month
retraining that COAF registered
me to attend, but I grew my
competencies through hands-on
training as well. … Unlike other
villages throughout Armenia,
Karakert not only is rebounding
from the economic and social
transition of the 1990s, but our
primary health care facility is
one of the best in country. I love
coming to work. My colleagues feel
the same. As we got better, users
of our ambulatory services grew.
We are now receiving 19 patients
a day. They come to us from all
neighboring villages, because they
know that we offer top notch
care.” Karineh is proud of her
work and tells how she has helped
so many. “My self confidence
has improved so much that I am
now able to deal with my father’s
hypertension, whereas before
I’d rush him to the doctor for
emergency care.”
COAF 2006 ANNUAL REPORT
Social Development
C
OAF’s social development program is geared to helping youth develop to their full potential through participation in clubs and community activities. Our program views the village Community Center
as the heart of youth and adult activities — a place of interaction for the full
spectrum of community members. Recognizing that the most effective means
to insure a life outside poverty is through the careful upbringing of the next
generation, our social development program caters to the wellbeing, education, and advancement of the village population. We aim at reinforcing the
focus on a healthy environment for the whole family, where self-esteem, social
interaction, cultural exposure, and life skills are enriched.
In partnership with the Center for Agribusiness and Rural Development
(CARD), COAF established two youth clubs in Argina and Lernagog. Twenty youngsters were recruited as club members and were trained in caring for
the sheep they received. By the sixth month from start, all club members had
mastered animal care and were successful in more than doubling the weight
of their animals, exceeding the required standards.
To improve communication and social interaction among the Model Cluster villages, COAF established an inter-village transportation system in partnership with the Lernagog non-governmental organization Hay Mshak. The
14-seater van makes three daily round trips servicing all six villages, six days
a week. In the four month period from September to December 2006, the
number of users has grown by 144 percent, attaining a high of 280 users per
week.
COAF conducted sessions with the municipality staff and members of the
council of all six villages to survey individual civic education training needs.
Subsequently, through a partnership with The Eurasia Foundation, municipality staff was trained in financial management and legal provisions related
to the governance of village municipalities. Additionally, COAF initiated
hands-on training of village Coordinating Committees for the preparation of
project proposals and budgets.
While focusing on helping youth develop to their full potential through
education and social activities, COAF paid attention to also providing a clean
environment. This meant that the streets had to be cleaned of accumulated
debris and a system established to maintain a clean environment. The successful experience and lessons learned from the waste-management operation
established in Karakert in 2005 was extended to all six villages of the Model
Cluster. The expanded waste management operation is managed by a local
non-governmental organization from Lernagog and operates on a fee-for-service basis. Paid participation in this cluster community service has grown to
cover 41 percent of the total cluster population within four months from
launch in the second half of 2006.
Rouzanna Gokhchyan is a 35-year
resident of Karakert. She recalls
the conditions of the village in the
late nineties as everything began
to crumble. “The economy, the
industrial plants, the buildings,
everything changed face. I couldn’t
believe my eyes! People lost hope
and faith in themselves. When my
son was still in school, he would
stay home for so many days in the
year. The School closed for days in
the winter because of the cold, and
so many more days because of one
reason or the other, whether it
was something broken or because
there were no books. It’s so much
better now. Our School stayed
open in the coldest days, when all
the others were closed. My son is
older now, and drives a car. Well,
he can’t enjoy the heated school
as the younger kids do, but he is
happy about the improvements
in our village. Not a day goes by
that he doesn’t mention about the
street potholes that have been
filled. … We have so much to look
forward to.”
COAF 2006 ANNUAL REPORT
Education
E
ducation reform is a part of the mainstream of COAF’s development
program. Through this component, COAF promotes high academic
achievement for every child in the Model Cluster. The elements of this
program include (a) preparing and retraining the next generation of outstanding teachers and administrators for the kindergartens and schools; and (b)
establishing after-school programs that challenge children and youth by upgrading language and computer skills and offering age-appropriate activities
in safe, productive and healthy environments. Both elements are expected to
help improve the academic performance of children and increase academic
performance.
COAF also initiated English as a Second Language course. A pilot group
limited to 6-8 year old children took part in English as a second language
during the summer of 2006. Building upon the success of the pilot program,
COAF added a second age group of 9-11 year olds. There are 141 children
currently enrolled in the program.
An eight-month computer literacy and journalism program was offered to
a select group of 15 village residents who established a press club and are publishing the cluster monthly paper Shrjadartz (transformation). With a pressrun of 1,000 copies, the monthly has helped villagers throughout the Model
Cluster become aware of various activities organized in their own or neighboring communities, read about items for sale, or simply keep abreast of ongoing
projects and events.
Hripsimeh Kocharyan is a young
mother who moved to Lernagog
fifteen months ago after marrying a
local young man. Prior to that, she
was interning with H2 Television
and hoping to have a career in
journalism. While her career goal
was interrupted, she seized the
opportunity when COAF started
the training program in journalism.
“I learned so much in eight
months, that I don’t feel that my
move to Lernagog has deprived me
of the opportunity to grow and to
have a career. I gained confidence
in interviewing and am able to
cover events and activities in our
village. I know what questions
to ask, whom to ask, and how to
present issues. ”Hripsime is very
proud of the monthly Shrjadartz,
to which she contributes regularly
and is a member of the core team.
“A few of my colleagues and I are
discussing ways in which we could
increase the revenue from sale and
advertising. It is very important
that we continue publishing the
monthly without interruption. I
have talked to many families that
are willing to subscribe to our
paper. I am confident we will do
well!”
10
COAF 2006 ANNUAL REPORT
COAF’s accomplishments in 2006
in the 6 villages of Karakert, Argina,
Dalarik, Lernagog, Myasnikyan, and
Shenik
ü Through 31 projects in 6 villages, COAF’s direct contribution to rural
development efforts amounted to $1,520,018
ü 562 new jobs were created: 78 percent in agriculture (seasonal), 4 percent in education, and 18 percent in various other occupations. Also 74
temporary jobs were created in construction
ü 168 families received training and hands-on assistance to improve their
crops and increase their family income
ü 798 children benefited from reconstruction projects that provided
healthy schools and increased attendance
ü 136 vulnerable families received humanitarian assistance
ü 194 women gained access to health care and information to better plan
pregnancies, have safe deliveries and enjoy healthy newborn care
ü 2,300 villagers improved their life gaining access to technical water
ü 535 farmers improved their crops gaining access to irrigation water
ü 2,800 families received information that helped them manage hypertension, hepatitis A, and asthma
ü 1,187 villagers gained access to medication
ü 2,830 children learned about maintaining good hygiene to avoid health
problems
ü 158 community volunteers and educators were trained in first aid,
healthy life style, management of chronic diseases, and prevention of
infectious diseases
ü 150 parents and educators were trained in child rights and learned
communication skills for dealing with stress in children and for solving
conflicts in the school
ü 26 health care professionals acquired best practices in prenatal care,
healthy life style, first aid, cervical and breast cancer prevention
ü 2,800 families received information on family planning, early marriage
concerns, sexually transmitted diseases and violence
ü 2 79 children and adults prevented future eyesight problems through
early diagnosis and treatment
In 2005-2006, COAF developed a set of indicators of sustainable community. Our indicators
measure the degree to which a community is healthy and vibrant. We monitor overall health such that
negative trends are caught and dealt with before they become problematic. We also measure the impact
of our economic, social, and educational programs to know the degree to which we have made progress
toward building a better quality of life and a sustainable community.
COAF 2006 ANNUAL REPORT
11
Financial Summary
We are pleased to present a summary of the financial statement
for the Children of Armenia Fund for the period ending December 31, 2006 which bear an unqualified auditing statement
from the accounting firm Lutz and Carr, LLP. The audit was
conducted in accordance with auditing standards generally accepted in the United States.
Total Public Support 2006
$2,695,393*
*amounts do not include investment changes
Foundations &
Corporations
$1,371,300
51%
Individual
Support
$1,324,093
49%
COAF’s Balance Sheet and Income Statement
(December 31, 2006)
Assets
Liabilities and Net Assets
Cash and cash
equivalents
$1,111,986
Investments
$578,325
Unconditional
promises to give
(unrestricted)
$197,825
Prepaid expenses
and other current
assets
$22,594
Non Marketable
Investment
$386,100
Total:
$2,296,830
Total Revenue:
$2,570,668
Total Program
Expenses:
$1,520,018
Accounts
Payable
Net Assets
Unrestricted
$23,923
$2,272,907
COAF Share
Expenses
$1,289,397
85%
Partner Share
Expenses
$230,621
15%
Total Program Expenditures 2006
By Component - $1,520,018
Total
Liabilities &
Net Assets:
$2,296,830
84% of expenditures were directed to Program Services in
the Cluster of 6 villages.
A full audit report is available at www.coafkids.org or
by writing to:
Children of Armenia Fund, Inc.
162 Fifth Avenue Suite 900
New York, NY 10010
Total Program Expenditures 2006
$1,520,018
Infrastructure
$1,163,694
77%
Soft Program
Costs
$356,324
23%
Expenditures by Village 2006
Karakert
$319,204
21%
Lernagog
$258,403
17%
Shenik
$152,002
10%
Argina &
Myasnikyan
$212,803
14%
Dalarik
$577,606
38%
COAF 2006 ANNUAL REPORT
12
2006 COAF Supporters
Lee Abrahamian
Acesscare Inc.
Lillian & Haig Adamian
Anna & Aram Adourian
Carl Agajanian
Anne & George Aghajanian
Karine & Robert Aghakian
Hachig Aghjayan
Lehart & Kirk Aharonian
Tanya & John Ajay
Anna & Warren Ajemian
Silvia & Arman Akarakian
Ann-Ellen Akeley
Suzanne & Berj Akian
Elizabeth Akian
Suzanne Akian
Sophia & Ahmad Akrami
Theodore Akulian
Eileen Albaugh
Arthur Alexander
Maura & Herbert Alexander
Adrienne Alexanian
Natasha & Arakel Aljalian
Sylvie & John Aljian
Sarkis Almoyan
Herbert Alpert
Aida & Armand Alpian
Sevan Alpian
Natalie & Gregory Amerkanian/Merrill
Lynch
Pabkin Amerkhanian
Guyrun Amirghan
Elizabeth & Vahe Amirian
Ankine & Hagop Andonian
Haig Andonian
Krikor Anoushian
Michael Ansour
Robert Anstey
John Apel
Hilda & Hovannes Apelian
Teni Apelian
Aroxie & Ned Apigian
Michael & Nelly Aprahamian
Aram Arakelian
Verkin Arakelian
Armine & Berc Araz
Rita Arevigian
The Armen Family
Hepi Armen
Armenian American Medical
Philanthropic
Karen & Mihran Aroian
Aron Aronian
Sona Aronian
Rose & V.F Arpajian
Ken Arsenian
Artemis & Sarkis Arslanian
Madlen & Agop Arslanoglu
Hannah Arterian
Laura & Armand Asadourian
Anna Asdoorian
Eleonore & Edward Aslanian
Levon Aslanyan
Sam Assarian
Kinda & Philippe Asseily
Zela & Henry Astarjian
Ani & Stephan Astourian
Armen Avakian
Michael Avakian
Ari Avanessian
Alice & Shaant Avanian
Michael Avedisian
Arshalous Avedissian
Nora Lilit & Kurt Avetyan
Michael Aylaian
Louise & Ralph Ayvazian
Carol & Harry Azadian
Kathy & Michael Aznavorian
Lynn Aznonian
Lily & Peter Babigian
Onnig & Lolita Babikian
Shant Babikian
Aram Bablanian
Rostom Bablanian
Noune & Allen Babroudi
Araks & Garnik Badalian
Gregory Badiskanian
Anahit Bagdasarian
Armine Bagdassarian
Karen & Evan Baghamian
Ani & Bagdig Baghdassarian
Linda & Joseph Bajada
Janet & James Balakian
Seta & John Baldadian
Bill Balian
Nairi & Sevag Balian
Gihon Balian-Sears
Vahe Baloulian
Harry Balukjian
Alice & Zaven Bandarian
Ani Anahid N. Gedikcian & William
Barber
John Baronian
Mary & Martin Barooshian
Levon Baroutjian
Nayla & Khalil Barrage
Neil Barsoomian
Marianne & Donald Barsumian
Alvina & James Bartos
Daniel Basmadjian
Diane Bazikian
Ruth & Sarkis Bedevian
Maria & Arman Bedonian
Liliana & George Bedrosian
Nora & Viken Bedrossian
Kim & Richard Beleson
Betty & Antranig Berberian
Chake Berberian
Ani & Joseph Berberian
Robert Berberian
Noune & Arthur Berd
Mary Ann & Carl Berg
Nicole & Mark Berg
Mary Bergoudian
Christina & Artin Berjikly
Annie & Ohannes Beudjekian
Maro & Vahe Bezjian
Bikran Yoga Locust Valley,LLC
Marie & Ashod Bilezikian
Patti Cadby & Everett Birch
Sarkis Boghjalian
Anna Bolt
Ruth & Kevork Bournazian
Ruth & David Bowlin/ Regions
Insurance Group
Haig Boyadjian
Arax Boyajian
David Boyajian
Houry & Avedis Boyamian
J.H. Boyd
Marina Bozilenko
Tracy & Gerald Brace
Barry Brenner
Soolton Buchaklian
Anahid & Serj Bulanikian
Mira & Bruce Busko
Cleo & Gerard Cafesjian/ Cafesjian
Foundation
Vernon Callian
Hrant Candan
Michael Candan
Lusi Caparyan
Paul Capdoianco
Anita Carapiet
Haigoohi & Sal Cefalu
Lita Chadrjian
Gertrude Chakamian
Raffi Chekmeyan
Seta Chengrian
Alina & Toros Cholakyan
Hagop Chorbadjian
John Cisale
Citigroup/Citibank NA
Jeni & Anthony Classi
Freda & Clive Clayton
Esther Cohen
Commonwealth Insurance Company
Michael Conlon
Gail & Donald Conrad
Susan Cooper
Phillip Costikyan
Janet Cragin
Sara & William Cumbelich
Mary Dabbakian
Arman Dadikozian
Virginia & Alexander Dadourian
Karmen & Gregory Dadourian
Haig Dadourian
Violet & John Dagdigian
Sahag Dakesian
Madhavi & Mayur Dalal
Lorraine & Robert Damerjian
Robert Dann
Ani Darakdjian
Margaret & Sahag Dardarian
Ken Darian
Janet & Robert Davidian
F. Carlene & Harry Davitian
Elizabeth & Sahag Dedeyan
Elise Demerdjian
Beatrice Demirjian
Murad Demirjian
Jonathan Der Boghosian
Takouhi & John Vigen Der Manuelian
Dian Der Ohanian
Aram Deradoorian
Alice & Antranik Derartiniian
Sonia DerAvedisian
Bearchouhi DerBedrosian
Elizabeth & Mark Derderian
Susan & Gary DerHagopian
Paul Derian
Areka & Edward Derkazarian
Lena DerOhannessian
Deutsche Bank/Alex Brown
Deborah Devedjian
Darrell DeVoss
Lucy & Hagop Dikranian
Haig Dinkjian
Kathleen & Nazaret Dirinian
Gregory Djerejian
Sonia & Mihran Djihanian
Natalia & Cricor Dolmaian
Dench Dominik
George Donigian
Susan Donigian Smith
Eva & Ara Donoian
Ethel & Edward Dorian
Heratch Doumanian
The Dover Fund
Angele & Stephen Dulgarian
Alysia & Gregory Ekizian
Adrenee English
Christine Engustian
Cynthia Erbe
Gloria & Paul Ermoian
Arpi Ermoyan
Sarah & Sarkis Esmerian
Chnorig & Mego Essajanian
Lillian Etmekjian
Dan Eudy
Helen Evans
Donna & John Evans
Garabed Fattal
Lucy Fayda
Cynthia & Larry Feinberg
Marian & Peter Felegian
Nila & Nazareth Festekjian
Nina & Raffi Festekjian
Father Daniel Findikian
Fireman’s Fund Specialty Ins.
Flagpoles, Inc.
Varoujan Froundjian
Mario Gabelli
Aram Gadarigian
Lusin & Edouard Garabedian
Hilda & Hrair Garabedian
Mary & Hygus Garabedian
Anahid Garmirian
David Gavoor
Priscilla & Richard Gavoor
Charles Gazarian
Gay Gazurian Snyder
Geico Philanthropic Foundation
Sarkis Gennetian
Helen Geogerian
Christine & Michael George
Judy & Phillip George
Robert George
Ann & Peter Getz
Edward Gevorgian
Ayda Gezdir
Antreas Ghazarossian
Melina & Hagop Gigioglu
Berc Gokberk
Anoush & Michael Gorjian
Raffi Gourdikian
John Goushian
Joyce & Eve Greenberg
Anahid & Mark Gregg
Clare & Vartan Gregorian
Sheila & Denis Grehan
Aline & Paul Griffin
Anahid & Grigor Grigorian
Arshak Grigoryan
Carolina & Haig Gulesserian
Kernika Gupta
Stephen Gurahian
Lucy Gustafson
Cheryl & David Hablanian
Vartuhi & Antranik Hacikian
Ava Hacopian
Carol Haddad
Sue & Aram Hagopian
Sarah & Garo Hagopian
Gay & Haig Hagopian
Rose Hagopian
Barbara & Samuel Hagopian
Lillian & Arthur Hairabedian
Lynn & Michael Hajatian
Jack Hajjarian
Mary & Hagop Hakissian
Chris Hamamdjian
Grace & Harry Hamperian
Grace & Lee Hamptian
Celia Handigian
M. William Haratunian
Harcourt Education
Sena Harootunian
Louise & Shant Harootunian
Marion Haroutunian
N. Arpi Haroutunian
April Harris
Tonya & Lynn Harrison
Michelle Harrison
Hezanoosh & Sepooh Hartoonian
Vera & Norair Hartunian
Masis Harzivartyan
Haven Health Care of East Hartford
Suzanne & George Hayrapetian
Cynthia & Harry Healer
Alice Hekimian
Ann Hintlian
Deran Hintlian
Susan & Andrew Hirsch
Donna & Robert Hobel
Charles Hoosian
Dara Hourdajian
Debra & Gregory Hourdajian
Edgar Housepian
Arpi Hovagimian
Hutchings Barsamian Cross
Mandelcom & Zeytoonian, LLP
Hye Group Consulting Corp.
Noyemi & Hagop Isnar
Pamela & Richard Jacinto
Rose & George Jamgochian
Aida & Magardici Jamgocian
Lynn & Edward Jamie
Virginia Janigian
Noone & Vahan Janjigian
Virginia & Berge Jermakian
Anita & Noubar Jessourian
Seta & Sebouh Jessourian
Jewish Communal Fund
Deani & Tom Jordan
Rita & Adam Kablanian
Nevart & George Kaderian
Nune Kadzhikyan
Berjouhi Kailian
Patricia & Vaughn Kailian
Rose Kalajian
Alice Kalaydjian
Lisa & Arek Kalaydjian
Matilde & Armen Kalbian
Tanya & Mitchell Kalpakgian
James Kalustian
Lynn & Dro Kanayan
Ann & Arlen Kantarian
Mable & Andy Kapjian
James Kaplan/ Karr Barthe Private
Client Group, LLC
Lucine & Sam Kapreilian
Victoria & Robert Kaprelian
Laura & Frank Kara
Kathy & Raffi Karahisar
Jirair Karakouzian
Victoria & Henry Karamanoukian
Eleonora Karapetian
Janetta Kardashian
John Karian
Lucy & Steve Karian
Zepur & John Karkazian
Lusine & Jerry Kasabyan
Albert Kashishian
Anna Kasparian
Bill Kasparian
Evelyn & Artin Kassabian
Grace & George Kay
Paul Kayaian
Margaret Kayajanian
Araxie & Karnik Kazandjian
Nerses Kazanjian
Arsineh & Kirk Kazazian
Richard Kazigian
Alenoosh & Hagop Kechejian
Ida & Sarkis Kechejian
Grace Kechian
Joseph Kechichian
Claire Kedeshian
Garo Keheyan
Susie & Brad Kelley
Christina & Sage Kelly/ UBS Warburg,
LLC
COAF 2006 ANNUAL REPORT
Ruth & Michael Kermian
Dorothy & Jerry Keshian
Karolin & Art Keshishian
Kristine & Onnik Keshishian
Rita & Kevork Keskinyan
Elaine & Mark Kessel
Queenie & George Ketigian
Alice Keurian
Elizabeth & Edwin Keusey
Maral & Adam Kevorkian
Alice & George Kevorkian
Krikor Kevorkian
Norire Khachakian
Sharis Khachatourian
Ani & Gary Khachian
Maggy & Joseph Khatcherian
Sylvia Khatcherian
Sylvie Khorenian
Steve Khroyan
Gina & Paul Kinsella
Sarah Kirakossian
Anoush & Armen Knaian
Lauren & Richard Koffler
Judith Kolligian
Elizabeth & Azarig Kooloian
Veronica & Neil Koopmann
Nanette & James Korte
Audrey & Stephen Kossayian
Aram Kostoglian
Arpi Koulajian
Erin & Donald Koundakjian
Rose & Richard Koundakjian
Seta & Alex Kouyoumdjian
Jacqueline Kouyoumjian
Lisa & Lena Kouzoujian
Edward Kozanlian
Madelina Kozanlian
Sirvard & Melkon Krikorian
Ann & Kyle Krueger
Louiza & Arthur Kubikian
Zaven Kulahjian
Ara Kumjian
Mihran Kupelian
Norma Kuredjian
Stuart Kuredjian
Joyce La Rose
Marta Lacasse
Ladies of St. Vartanantz Church
Lisa & Raymond Lamorgese
E.G. Lassiter
Gail & Mark Lauzon
Sandra & Jim Leitner
Vivien Lesnik Weisman
Nora & Gerard Libaridian
The Lincy Foundation
Kathryn & James Linn
Sandra & Richard Linthicum
Shushan & William Loos
Lisa & Peter Loosigian
Carol & Henry Loshigian
Anna & Michael Loshigian
Rose & Albert Lousinian
Keith Lulewich
Janet Lumiansky
Margaret Lynch
Irma & Hachik Madilian
John Mahdessian
Elza & Hovannes Malikyan
Deana & Mark Malkasian
Elizabeth & Grigor Manasserian
Hal Mandel
Gacia & Toros Mangassarian
Eleanor & Richard Mangerian
Dana Manoogian
Roseann & Martin Manoogian
Manoogian Simone Foundation
Anna Manoukian
Hagop Manuelian
Lucille & John Manuelian
Anahit & Matthew Manuelian
Noubar Manuelian
Gagik Manukian
Mildred Manzione
Carmen & Ara Marangosian
Sonya & Aram Marashlian
Darlene & Zohrab Marashlian
Cheryl Marchetti
Amy & Hovhannes Mardirossian
Taft & Jonathan Mardirossian
Christine & Shant Mardirossian
Nora Markarian
Andrea Martin
Tula & Peter Matosian
Lerna Mayis
Evelyn & Edward Mazmanian
Kathleen & Brian McNeil
Eva & Jack Medzorian
Arthur Mehagian
Dorothy & George Mekenian
Lily & Stephen Mekenian
Gerard Mekjian
Nyire & Gregory Melconian
Denise & Armen Melikian
Emma Melikian
Margarita Melikjanian
Sabine & Serop Melkonian
James Menasian
Martha Mensoian
Lucille & Aspet Merijanian
Karyn Metchikian
Sadie Metzigian
Pamela Meyers
Richard Mikaelian
Sona Minakian
Houry & Nisan Minakyan
Amy & Philip Minasian
Shoghig & Dikran Minassian
Catherine & Levon Minnetyan
Julia Mirak
Eric Mirzaian
Ann & Jonathan Mitchell
Carol & George Mooradian
Katherine & Mark Mooradian
Robert Mooradian
Helen Mosesian
Barkey & David Mossoian
Lorraine & Vahak Mousigian
Carolyn Mugar/ Armenia Tree Project
Andrea Murad
Ed Muradliyan
Deborah & John Murphy
Nancy & Edward Muserlian
Jill Myerson
Laura & Harry Nahabedian
Aram Najarian
Elenne & Louis Najarian
Siranoush Nakashian
Anig & Martin Nalbandian
Valerie & Carl Narsasian
Mary Narsasian
Lisa & Matthew Natcharian
Claudia & Levon Nazarian/The
Nazarian Family Foundation
Vera & Levon Nazarian
Artemis & Nazar Nazarian
Sahag Nerses
Mourad Nersesian
Seta & Gregory Nersessian
Katie & Doug Neuman
Mariam Nigosian
Gail Nogueira
Anahis Odabashian
Bedros Odian
Berta & Kirkor Ogulluk
Sandra & Sevan Ogulluk
Kristi & Richard Ohanesian
Mary & Sarkis Ohanessian
Debra Ohanian
Diane & George Ohanian
Marie & Haig Ohanian
Henry Ohanian
Vanoosh & Jani Ohanian
Gail & John Ohanian
Kimberly & Thomas Ohanian
Olayan America Corporation
Apkar Omartian
Charleen & Peter Onanian
Anne & Denis Orlando
Victoria Ouligian
Ashkhen & Andranik Ovassapian
Nadine & Sarkis Ozdemirci
Huguette & George Pagoumian
Helen Pahigian
Aghavni Panjarjian
Victor Papakhian
Mary & Dennis Papazian
Judith & Harry Papazian
Jean & Richard Papazian
Ellen & Vincent Parascandola
Mike Partayan
Anne Partridge
Elizabeth & Ara Patapoutian
Michele & John Patterson
PAZ Metals, Inc.
Barbara Peters
Margaret & Peter Peterson
Raja Petrakian
Narine & Sandy Petropoules
Mardiros Petrossian
Robert Petrozzo
Gail Phillips
Marlene & Leo Pilibosian
Tro Piliguian
Pimco Foundation
Anahid & Poozant Piranian
Elaine & Morley Ben Pitt
Christine & John Poochigian
Hanna Poplausky
Beatrice & George Postian
Walter Price
Laura Proodian
Public Sector Campaign
Nancy Puskuldjian
Lynn & Kevin Quigley
Nina & Matthew Quigley
Lucia & Ralph Rafaelian
Lois Rapiel
Stephen Rapiel
James Reda
Dennis Reding
Reilly & Reilly LLP
Reilly Associates, Inc.
Paul Resnik
Elaine & Richard Reynell
Ropes & Gray LLP
Anne Ross
Melanie & Jirayr Roubinian
Sallee Rush
Sandra Sabonjian
Zoya & Raymond Safarian
Marguerite Sagatelian
Nicole Saglamer
Helen Sahakian
Margaret & Henry Sahakian
Seda & Henry Sahakian
Vatche Sahakian
Ara Sakayan
Alice Sangster
Merle Santerian
Mary Ann & Gregory Saraydarian
Alice Saraydarian
Martha & Richard Saraydarian
Jason & Anna Sargsyan
Ann Sarkisian
LeAnn Sarkisian
Jeanette Sarkisian Wagner
Anahid Sarkissian
Varsenne & Antranig Sarkissian
Manoushag & Berge Sarkissian
Hermineh Sarkissian
Irina & Karen Sarkisyan
Ani & Armenak Saryan
Phyllis Scarmozzino
Afaf & Carl Schieren
Jordan Schreiber
Ann Scott
Robert Sears
Alice & Anthony Seferian
Anna & Steve Semerdjian
Mary Semerjian Smith
Robert Semonian
Carole & Suren Semonian
Thank You
13
Serra James Studios, Inc.
Vera & Berge Setrakian
Lara Setrakian
Silvia & Robert Setrakian
Sossy & Vasken Setrakian
Mary & Edward Shadbegian
Rebecca Shaghalian Larkin
Stephen Shahabian
Brenda & Armen Shahinian
Seta & Paul Shahinian
Carnig Shakarjian
Isabelle & Vincent Shamamian
Toros Shamlian
Janet & Jack Shemligan
Carol & H. R. Shepherd
Debra & Harvey Sheren
Verna & Barry Shmavonian
Rosemary & Karl Shmavonian
Bayzar & N. Shrikian
Vatche Simonian
Leda Simpadian
William Sims
Armi Sion
Grace & Leon Siroonian
Natalia Sklyarova
Stanislava Halina & Henryk Smigielski
Diane Snowden
Barbara Soghigian
Patricia & Haig Soghigian
Sandra & Vahik Sohbatian
Arbi Sookazian
Roobina & Ebram Sookazian
Edward Sornigian
Teresa & Vecane Sossikian
Takouhy Soultanian
Karen & John Spataro
St. Thomas’ Episcopal Church
Starr Foundation
Marguerite & Nicholas Stathes
Holly & David Staudinger
Madeleine & M. Robert Stepanian
Victor Stepanians
Denise Stern
Shake Sulikyan
Kay Surabian
Zepur & Ara Sutlian
Dina & Hagop Tabibian
Gladys & Zaven Tachdjian
The Tianaderrah Foundation
Arthur Talatinian
Alyce Tamzarian
Lisa & Vahan Tanal
Mary & Tony Tanashian
Nancy & Andrew Taraian
Richard Taraian
Audrey & Stephen Taraian
Martin Tarlaian
Anne & James Tarzian
Muriel & Craig Tashjian
Kris Tatarian
Mary & Charles Tateosian
Peter & Berge Tatian
Oscar Tatosian
Kathy & Harry Tavitian
Ashkhen & Kegham Tcholakian
Daphne Telfeyan
Mabel Tellitt
Sara & Abraham Terian
Satenik & Setrak Terpanjian
Janet Thibault
Thomson Tax & Accounting
Helen & Peter Thornton
Dovie Tilbian
Araxy Toomajanian
James Toomey
Gloria & Ardemis Topalian
Anna & Kacheg Topalian
Harout Topsacalian
Diana & Gregory Torigian
Apet Torosian
Lucy & Himayak Torosian
Grace & Kaspar Torosian
Tom Torossian
Annette Tossounian
Annie & Sami Totah
Albert Tsaturyan
Silvie Turabian
Talin & Joseph Turfan
Alice Tutunjian
UBS
United Armenian Charities
Ani & Sako Vakian
Nadya & Harutun Vaporciyan
Kirakos Vapurciyan
Berjuhi Varjabedian
Rubina & Kegham Varjabedian
Diana & Nishan Vartabedian
Sookie & John Vartanian
Zabel & Asbed Vassilian
Ann & Daniel Von Hoff
Susan Vosbikian
Thomas Vosbikian
George Wallis
Kerry & Thomas Wentworth, Jr.
Janet & Thomas Wing
Carol & Craig Winter
Ann Marie Woods
Yablon Foundation
Elise Yacoubian
Marc Yagjian
Hermine & Ara Yahinian
Dickran Yapoujian
Lusine & Hakob Yeghyan
Aroxy Zacarian
Eileen & Ara Zadourian
Arsham Zakarian
Natalie & Peter Zakarian
Paul Zakian
Seda Zarian
Judith & Victor Zarougian
Anthony Zisa
Barbara & Donald Zucker
14
COAFKIDS • Vol. 1, Issue 3
Garo H. Armen
Awarded the Republic
of Armenia Medal
of Honor
by Sunny Uberoi
New York – September 19, 2007 – The Children of Armenia Fund (COAF) today announced that the Prime
Minister of the Republic of Armenia has awarded the
Medal of Honor to COAF’s founder and chairman, Garo
H. Armen, PhD, for his outstanding contributions in the
revitalization of rural communities in Armenia.
“The development of the country is primarily the role of
the government, but in this period of transition, we need
and always welcome the support of Diaspora organizations,” said Serzh Sargsyan, Prime Minister of the Republic of Armenia, who presented Dr. Armen with the Medal
of Honor during the opening of a newly built COAF
school in the village of Lernagog in August.
At COAF, Dr. Armen has made significant contributions
in revitalizing rural Armenia by creating an unprecedented development program, which provides immediate and
sustainable benefits to the country’s children and youth.
Following the successful implementation of the Model
Village program in 2004, turning around a small, vulnerable Armenian village in danger of extinction, Dr. Armen
implemented the Model Cluster program in 2006 targeting an additional five villages of the Armavir District, including Lernagog. By the end of 2006, the Model Cluster
program touched the lives of more than 16,000 people, of
whom 4,500 were children and youth.
“I am very grateful to be a recipient of the Prime Minister’s Medal of Honor, which I accept on behalf of COAF,
and all the organizations and individuals that have supported our comprehensive rural development program,”
said Dr. Armen. “We are proud of our accomplishments
but remain mindful of the tremendous amount of work
that is required to bring back hope to rural Armenia.”
Along with his determined efforts at COAF, Dr. Armen is
focused on developing improved treatments to fight cancer at Antigenics, a biotechnology company he founded in
1994. Antigenics utilizes a proprietary heat shock protein
technology to develop innovative immunotherapeutics
for cancers and infectious diseases. The company’s lead
product Oncophage was recently submitted to the Russian regulatory authority for approval in the treatment of
intermediate-risk kidney cancer.
From mid-2002 through 2004, Dr. Armen served as
chairman of Elan Corporation, an Ireland-based biopharmaceutical company. Dr. Armen successfully executed a
major turnaround of the company by restructuring its
balance sheet and product portfolio. Elan is now poised
to emerge as one of the leading biopharmaceutical companies in the industry today.
www.coafkids.org
15
Many Ways to Support COAF and Its Critical Work
Sustaining Donor Program
Donors who fnd it easier to give on a sustainable basis are encouraged to
authorize COAF to bill a major credit card once each month for a set
amount.To become a sustaining donor, please call (212) 994-8211.
Sponsorship Program
Like children everywhere,
Armenia’s children thrive on
the knowledge that they have
parental support. As such,
the security that comes from
knowing that others care for
them and for their needs is
important to their healthy
development. To quote Garo
Armen,“The stakes
are higher than ever before.
Without our immediate intervention this generation may
forever lose the opportunity to
pursue the best in themselves.”
COAF’s volunteer leadership,
its deep sense of volunteerism and commitment to
comprehensive involvement
of the community all assure
that your support will have a
lasting effect on Armenia and
its children. COAF thanks its
many volunteers for helping
keep administrative expenses
and fundraising costs so low.
Because of their time and effort, other donors’ financial
contributions go directly to
critical program needs in Armenia. As such, your financial
contribution to COAF will
be used more effectively and
with greater leverage than most
charitable institutions.
For $1 per day, you will be able to enrich the lives of children in the rural
villages of Armenia. By paticipating in this program, your contribution will be used
to provide health care, nutritious food and education as well as access to clean water,
agricultural assistance and medical care for the entire community. Please call (212)
994-8234 to set up your participation.
Naming Opportunities
To leave a permanent legacy in support of the children of Armenia, donors may decide to name a building, a classroom, a clinic or other critical facility, such as:
A village.................................................$1,000,000
School for 350 students.............................$260,000
School classroom........................................$14,000
Hall of performing arts................................$38,000
Gym/sports facility......................................$40,000
Music room in school..................................$20,000
Kindergarten for 50 children.....................$125,000
Kindergarten group room...........................$20,000
Kindergarten playground............................$10,000
Cultural community center........................$250,000
Library and technology center....................$50,000
Village Internet connectivity.......................$10,000
Primary health care unit.............................$70,000
Residential building (16 families).............$140,000
Public bath for the community....................$45,000
There are still other ways to support COAF:
• To assure that COAF continues to benefit from your interest and support, you
may leave a bequest or set up a Charitable Remainder Trust naming COAF as
beneficiary.
• COAF welcomes gifts of stock for which the benefits of tax deductibility are
especially effective to a donor.
• If the company you work for has a matching program with other philanthropic
institutions, please take advantage of that program.
• A gift to COAF is also appropriate on any occasion: to celebrate a birth, a
christening, a birthday, a graduation, an engagement, a wedding or in memory
of a departed family member or friend. In all instances, please contact Doreen
Mullady at (212) 994-8211 or e-mail [email protected].
• Donors over 70 1/2 take note: through December 2007, you may be able to
donate directly from your IRA completely tax-free. Congress passed legislation
which essentially allows contributors aged 70 1/2 and over to give gifts of up to
$100,000 directly from IRA’s.
• In all of the above instances, you may contact your financial advisor or you may
call us and we will provide the necessary referrals. COAF is a 501(c) (3) notfor-profit organization. All contributions are tax deductible to the full extent of
the law.
16
COAFKIDS • Vol. 1, Issue 3
The Board of
Directors
of The Children Of
Armenia Fund
Garo H. Armen
Founder and Chairman
Antranig Sarkissian
President
Herb Alpert
Khalil Barrage
Greg Ekizian
Donna Evans
Clare Gregorian
George Pagoumian
Alice Saraydarian
Vartan Gregorian
Special Advisor to the Board
The Board of Directors of the Children of Armenia Fund
cordially invites you to the
2007 Save A Generation Awards Dinner
HONORING
2007 Save a Generation Humanitarian Award Recipient
Sherry Lansing
Oscar- Winning Movie Industry Executive • Philanthropist
Health and Education Advocate • Chair of The Sherry Lansing Foundation
2007 Save a Generation Benefactor Award Recipients
Daniel D. Sahakian and Family
President, HFL Corporation
Henry D. Sahakian and Family
COAF
Children of Armenia Fund
Headquarters
162 Fifth Avenue, Suite 900
New York, NY 10010
T: 212.994.8234
F: 212.994.8299
Armenia Office
53-55 Pavstos Byuzand Street
Yerevan, Armenia 375010
T: 37410-52-20-76
email: [email protected]
www.coafkids.org
©2007, Children of Armenia Fund, COAFKIDS, All Rights Reserved
Chairman of the Board, HFL Corporation
Master of Ceremonies
Ken Davitian
Co-Star of Academy award-nominated film, Borat
Guest Appearance
Lesley Stahl
60 Minutes & CBS News Correspondent
Friday, October 19, 2007
Cipriani 42nd Street
110 East 42nd Street, New York City
Cocktails 6:00pm • Dinner 7:30pm
Live and Silent Auctions
To purchase your ticket/s online
please visit www.coafkids.org
For more information call 212-994-8211