AEF Allocates $442 000 in 1999

GLENDALE–Armenian Educational Foundation reported 1999 worldwide allocations to Armenian students and educational institutions totaling $442,000.

In 1999–AEF forwarded to Artsakh $150,000 of the $245,000 cost of renovating Stepanakert Schools #3 and #4.

The remaining $95,000 will be forwarded this year. The total cost of all repairs at the two schools are being underwritten by Ralph and Savey Tufenkian ($155,000) and Hacob & Mina Shirvanian ($90,000). AEF has also completed the renovation of 20 of the 50 schools in Armenia and Artsakh at a cost of $151,000. The remaining 30 schools will be repaired in 2000 at an additional cost of $400,000.

An additional $30,000 was allocated to Armenia–including–$21,500 in scholarships to students attending State Engineering University of Armenia and Yerevan State University. $5000 to the Etchmiadzin Seminary–$2,000 to Junior Achievement and $2,000 to the Armenia Fund.

In the United States AEF allocated $90,000–including $41,000 in gran’s to Armenian day schools–$29,000 in scholarships to undergraduate and graduate students–$15,000 to the Davidian-Mariamian Educational Foundation–which provides after school Armenian language and history classes to 12000 students attending Glendale and Burbank public schools–and $5,000 sponsorship of the Armenian Schools 3-day conference.

Allocations to Lebanon totaled $18,000–including $6,000 in scholarships to undergraduate students attending universities in Beirut–$5,000 to Antilias Seminary–$5,000 to Palanjian College and $2,000 to Ainjar’s Gulbenkian School. AEF also allocated $2,500 to the Armenian school in Plovdive–Bulgaria.

For calendar year 2000–AEF adopted an allocation budget of $600,000–including $450,000 to complete the renovation of the schools in Armenia and Artsakh.

The Armenian Educational Foundation was founded in 1950 in Los Angeles to render financial assistance to Armenian students and educational institutions.

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