Armenia Fund [SEP] inception
Armenia Fund
Armenia Fund (full name Hayastan All Armenian Fund, ) was established in 1994 in Los Angeles, California. Armenia Fund, Inc. is a 501(c)(3) tax-exempt, non-governmental, non-political corporation. Serving as the United States’ Western Region affiliate of the “Hayastan” All-Armenian Fund along with its nineteen subsidiaries around the world, Armenia Fund, Inc. has issued over $120 million of electricity development guarantee and humanitarian revenue for Armenia. Lately the government of Armenia has been contributing
of the Children of Armenia Fund (COAF), a charitable organization established in 2003 to provide for children and communities of rural Armenia. Since its inception, COAF has implemented infrastructure improvement projects directed at ongoing impoverished conditions affecting significant numbers of people in rural Armenia. 
In 2006, the "Daily News" under the headline “Celebrating New Yorkers Who Make A Difference” highlighted Armen's philanthropic achievements. The article quoted a report by Strategem Consulting International, an independent firm hired by the United Nations, which stated “between