GLENDALE–The Armenian Relief Society Western United States Central Executive announced that the organization was granted the Armenian Children’s Educational Fund.
The fund in the amount of $300,000 was transferred to the ARS according to the terms of the will of the late philanthropist Daniel Arefian. A board of trustees was formed to administer the grant. Members are Vigen Arefian–the Reverend Berdj Djambazian–Arsen Danielian–Helen Keosian and Alice Madenlian.
The interest income of the donated fund will be allocated to cater to the educational needs of Armenian students of 15 years of age and younger throughout the world. The fun will accept new donation for the same purpose. The mechanism for distribution will be announced shortly.