Total funds

000019427503
Stamp duty
000019048490
9185182040 19048490 16537958 1216580403
Donations
000000379012
182759681 379012 329060 24206580

Compensations

000001093115
Ambassador program

18

June,

2018

Ambassador program

The Insurance Foundation for Servicemen is proud to announce the launch of the "Ambassadors" program. Through this program the Foundation is aiming to appeal to a wider audience and raise awareness about its cause both throughout Armenia and in the Diaspora.

Each ambassador will spread the word about the Foundation's work through presentations, conferences and other events.

The ambassadors will be in direct contact with the Foundation and will be the first to know of any new developments in the Foundation's work. 

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Donations in memory and in honor of

13

June,

2018

Donations in memory and in honor of

Dear compatriots, 

We are pleased to inform you that from now on you can make donations in memoriam or in honor of your frends and/or family members. 

In memoriam or “in memory” donations are a wonderful way to honor or remember a loved one who’s passed away, while making an important contribution to the Insurance Foundation for Servicemen and thus to the lives of wounded soldiers and military families of Armenia .

Making a donation "in honor of" is an excellent way to celebrate a milestone like a birthday, wedding, graduation or just to show someone you care. When you donate in honor of someone, you have the satisfaction of knowing that your gift not only will please the recipient but will also help the wounded soldiers and military families of Armenia.

When your donation is received,the Foundation promptly sends a beautiful card to the person or family indicated, notifying them of your thoughtful donation.

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Large Donation

12

June,

2018

Large Donation

Today the Young Yerkrapah Union made a large donation of AMD 2 337 000 (USD 4 900) to the Insurance Foundation for Servicemen. We are grateful for the donation. 

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Cooperation with "Kaffa" Co.

13

Apr.,

2018

Cooperation with "Kaffa" Co.

We are pleased to announce that The Insurance Foundation for Servicemen has started cooperating with "Kaffa", a national coffee-making company.

From now on, by buying 1 box of coffee you will be donating AMD 50 to the Insurance Foundation for Servicemen.

The participation of the private sector in the insurance of servicemen is one of the best displays of confidence towards the Foundation.  

We are sure that these types of cooperations will strengthen the relationship between the Foundation and the public. And it is thanks to this relationship that the Foundation will be able to realize its goals.

Another major donation by French-Armenian philanthropist Mr. Raymond Yezegelyan

25

Jan.,

2018

Another major donation by French-Armenian philanthropist Mr. Raymond Yezegelyan

Recently French-Armenian philanthropist Raymond Yezegelyan has donated $ 10 000 to the Insurance Foundation. We remind you that he has made another major donation ($ 15 000) in 2017, which was the first major donation in the history of the Foundation. 

His second donation speaks of his trust in the Foundation, which we deeply appreciate.
We believe this donation proves that the Armenian diaspora eagerly follows the activity of the Foundation, appreciates it and when possible provides its support to the families of our fallen soldiers as well as to disabled soldiers.

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Compensation to a soldier with total (I degree) disability

24

Jan.,

2018

Compensation to a soldier with total (I degree) disability

On 24.01.2018 the ALM committee of the Foundation approved the compensation of a soldier with total (I degree) disability. Today private Arsen Hovakimyan shall receive a lump sum payment of AMD 10 million (appx. USD 21.000) and will be accorded monthly payments of AMD 200.000 (appx. USD 400) throughout 20 years. According to an agreement signed with "ARMBUSINESSBANK" CJSC, the amounts will be transferred to special bank accounts opened for the beneficiaries which will be serviced free of charge.

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Dear Compatriot,

Vigen Sargsyan
The Insurance Foundation for Servicemen was created in order to provide monetary aid to soldiers and to the families of soldiers who were injured or died while defending Armenia’s borders. Every last penny donated to the Foundation will serve this purpose. I assure you that the Foundation operates responsibly, is fully accountable to the public and operates on the principle of transparency. It is evident, that there is no possible way to comfort a family that has lost a son, however with this Foundation we can and will do the very least: provide monetary aid and a stable financial source for these families. We are ready to take care of the families of those heroes, who gave their lives for the defense of their Homeland. This is our – the State’s and the public’s sacred duty. The Foundation will also make it possible for wounded soldiers to be sure that throughout their recuperation the will concentrate only on their health and on making plans for the future, while the State and the public provide constant and thorough support.
God willing there will be no need for this Foundation. God willing, peace will be kept on our borders. But alas, the reality is different. We must be united and this Foundation must serve as proof of our unanimity. This Foundation is evidence that we stand alongside the soldiers and officers defending our border not only with our words, but with our actions.  Through this website it is possible to make a one-time donation or to set up monthly donations. It is also possible to donate to the Foundation by sending an SMS to the short number 1028.  When you make a donation, please share this fact through social media, in order to encourage other to do the same and to spread word about the Foundation.

I thank each of you for your payments and donations.

With thanks and regards,

Vigen Sargsyan

Minister of Defense of the Republic of Armenia (resigned)

President of the Board of Directors of the Foundation