Armenian Educational Foundation allocates $422,000 in 2009 programs

Published: Monday February 22, 2010

Glendale, Calif. - Armenian Educational Foundation (AEF) reported 2009 allocations totaling $422,000. Over 76% of the 2009 allocations ($323,700) supported education related projects in Armenia and Artsakh, including $262,700 for the renovation of 12 village schools. AEF disbursed $98,300 in scholarships and direct grants to various educational institutions in the United States and Lebanon.

During the last decade, AEF allocated over $4.3 million. The majority of this amount funded the renovation of schools in the remote villages of Armenia, Artsakh and Javakhk. AEF has renovated over 180 schools since this program started in 1998.

The need to restore schools so that they can actually be used for instruction continues to be extensive. The majority of the village schools still have broken windows, leaky roofs, no heating systems and no indoor restrooms. Among the most concerning problems is the mold in the schools from the dampness - a problem that with continuous exposure can cause serious health effects.

"We are very grateful to AEF's members and supporters whose generous contributions made it possible for us to provide the much needed help to thousands of deserving students, whether it is renovating their dilapidated schools, providing school supplies or making it possible for them to continue their education through scholarships," stated AEF Treasurer Vahe Hacopian. "AEF has been able to accomplish all of this with only one part-time employee in its Glendale office and one employee in Yerevan. The majority of the work has been done by AEF members, who volunteer countless hours and are never reimbursed for their expenses, which includes travel to Armenia."

Since 1950, AEF has been providing financial assistance to students and Armenian educational institutions. AEF's 60th Anniversary will be celebrated on November 6, 2010 at the new Marriott-Ritz Carlton Hotel at LA Live in downtown Los Angeles. For more information, please visit AEF's website www.aefweb.org.