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More than $35 Million Raised in Armenia Fund Telethon

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  • More than $35 Million Raised in Armenia Fund Telethon

    LOS ANGELES--More than $35 million for the development of Armenia and Karabakh was raised during the Hayastan All-Armenia Fund's annual Thanksgiving Day telethon Thursday evening, trumping last year's record of $15.3 million.

    Earlier in November, about 120 donors from Armenia and Russia pledged to donate $30 million to the Fund during a gala dinner in Yerevan hosted by President Serzh Sarkisian.

    Meanwhile, another $1.5 million was raised last week during the Fund's All-European Phone-athon, according to preliminary results released by the Fund. The organization's European affiliate is still tallying pledges and is expected to release new figures in the coming days.

    The telethon broadcast worldwide via cable, satellite and internet connection to harness the resources of the Armenian nation for financing vital reconstruction and infrastructure projects in Armenia, and Nagorno-Karabakh.

    In Southern California, the telethon aired on KSCI Channel 18 for 12 hours between 8:00am-8:00pm PST. Internationally, the telethon was also featured on H1-Armenian Public Television. Los-Angeles based 24 hour Armenian Russian Television Network and Horizon Armenian TV.

    With nineteen affiliates around the world, the Hayastan All-Armenia Fund has implemented over $120 million of infrastructure development assistance and humanitarian aid for Armenia and Nagorno Karabakh since it began in 1994.

    A list of all major projects to be funded by the money raised at the telethon is available on the Fund's webpage.

    Asbarez will provided further coverage of developments surrounding the telethon as they unfold.

    (Thats AmaZing)
    Positive vibes, positive taught
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