In annual fundraisers held this month, a pan-Armenian charity has secured over $21 million in donations to finance more rural infrastructure projects in Nagorno-Karabakh and help Syria's struggling Armenian community.
More than half of the sum, $12 million, was contributed by wealthy Russian-Armenian businessmen during a fundraising gala organized by the he Hayastan All-Armenian Fund in Moscow on November 8. One of them, insurance magnate Sergei Sarkisov, donated $4 million during the event attended by Armenian parliament speaker Hovik Abrahamian and Karabakh President Bako Sahakian.
Hayastan raised another $7 million during a traditional telethon broadcast from Los Angeles on the night from Thursday to Friday. Americans of Armenian descent accounted for just over $2 million of these donation pledges, compared with $2.5 million pledged by residents of Armenia and Karabakh.
Armenian News
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