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Annual Report 2009 - Armenian Missionary Association of America

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<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong><br />

²Ù»ñÇϳÛÇ Ð³Û ²õ»ï³ñ³Ýã³Ï³Ý ÀÝÏ»ñ³ÏóáõÃÇõÝ<br />

<strong>Annual</strong> <strong>Report</strong><br />

<strong>2009</strong> - 2010


TABLE OF CONTENTS<br />

PAGE<br />

PRESIDENT’S MESSAGE ............................................................................ 3<br />

EXECUTIVE DIRECTOR’S MESSAGE ........................................................ 4<br />

AMAA AT A GLANCE..................................................................................... 5<br />

AMAA MINISTRIES........................................................................................ 6<br />

Churches & Missions............................................................................. 7<br />

Evangelism............................................................................................ 7<br />

Education............................................................................................... 8<br />

Relief Aid................................................................................................ 8<br />

CAPITAL FUNDRAISING CAMPAIGN........................................................... 9<br />

AMAA AROUND THE WORLD............................................................... 10-11<br />

AMAA MISSION IN THE HOMELAND.................................................... 12-13<br />

FINANCIAL<br />

Audited Financial Statements......................................................... 14-26<br />

<strong>Annual</strong> Budget..................................................................................... 27<br />

ENDOWMENT FUNDS & OTHER FINANCIAL INFO<br />

Summary <strong>of</strong> Investments in Endowment and Trust Funds.................. 28<br />

AMAA General Endowment Funds................................................. 29-39<br />

Armenia Relief Endowment Funds...................................................... 40<br />

AMAA Headquarters Funds................................................................. 40<br />

Haigazian College Endowment Funds............................................ 41-43<br />

Ministers’ & Ministers’ Widows’ Pension Endowment Funds.......... 43-44<br />

<strong>Armenian</strong> Evang’l Schools <strong>of</strong> CA, Inc. Endowment Funds.................. 44<br />

SUPPORTING CHURCHES & ORGANIZATIONS...................................... 45<br />

BOARD OF DIRECTORS & OFFICERS...................................................... 45<br />

HOW TO GIVE............................................................................................. 46<br />

HOW TO PRAY............................................................................................ 47<br />

Foreword<br />

Dear AMAA Friends, Partners and Supporters:<br />

We welcome you to join us in sharing God’s<br />

abundant blessing on our organization during the<br />

past year.<br />

This <strong>Annual</strong> <strong>Report</strong> presents a brief report<br />

about our mission and service ministries. It also<br />

provides some historical information and an up to<br />

date financial report.<br />

Pursuant to our policy <strong>of</strong> full disclosure and<br />

accountability, we have provided the Statements<br />

<strong>of</strong> Financial Position <strong>of</strong> the AMAA as <strong>of</strong> July 31,<br />

2010, and statements <strong>of</strong> income and expenditures<br />

for the past fiscal year, as prepared by our Auditors,<br />

Sax Macy Fromm & Co. PC, Independent<br />

Certified Public Accountants.<br />

These reports and financial statements were<br />

reviewed and acted upon at the 91st <strong>Annual</strong> Meeting<br />

<strong>of</strong> the <strong>Association</strong> on October 16, 2010 at the<br />

Headquarters <strong>of</strong> the <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong><br />

<strong>of</strong> <strong>America</strong>, 31 West Century Road, Paramus,<br />

NJ.<br />

We are grateful to God for blessing our wonderful<br />

organization for another year. We also<br />

would like to thank all <strong>of</strong> you who supported our<br />

organization with your prayers, participation and<br />

financial support.<br />

We invite you to make every effort to continue<br />

supporting the AMAA with greater enthusiasm, and<br />

ask you to invite others to join us in our worldwide<br />

outreach in preaching the gospel and providing a<br />

glass <strong>of</strong> cold water in His name.<br />

AMAA 90th <strong>Annual</strong> Meeting, Providence, RI<br />

November 2010<br />

Levon Filian<br />

Executive Director<br />

Copyright © 2010 <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

All rights reserved<br />

2


President’s Message<br />

The AMAA had another successful year. It faced a number <strong>of</strong> challenges,<br />

particularly the national economic downturn which affected both our<br />

investments and donations. Our investments recovered some <strong>of</strong> the losses<br />

we had experienced the year before, and we thank our Investment Committee<br />

for its diligent work. Donations to the organization remained adequate and met<br />

our budgetary goals. Our programs in the USA, Armenia and the Middle East<br />

continued successfully and we thank the <strong>Armenian</strong> Evangelical Unions that work<br />

with us in these ventures.<br />

This past year saw the changing <strong>of</strong> the guard in our leadership. After many<br />

years <strong>of</strong> service, initially as a Board Member, subsequently as President <strong>of</strong> our<br />

organization, and finally as Executive Director, Mr. Andy Torigian retired, and the<br />

position <strong>of</strong> Executive Director was passed on to Mr. Levon Filian. The last six<br />

months have been a period <strong>of</strong> orientation and restructuring for Mr. Filian. The<br />

transition has occurred smoothly, and we thank all those who helped in this period. Change is inevitable, and<br />

how well an organization handles it reflects on the maturity and depth <strong>of</strong> talent that it has.<br />

We look at the future optimistically, and we appreciate the work <strong>of</strong> all our committees and volunteers whose<br />

activities are summarized in this <strong>Annual</strong> <strong>Report</strong>. These include our AMAA committees, our affiliates, and our<br />

Mission Partners.<br />

We thank all our donors and chronicle their participation in the various programs and endowment funds, and we<br />

acknowledge that without their help and participation, we could not fulfill our mission, and reach all those who<br />

we do.<br />

We proceed with a spirit <strong>of</strong> thanks, and we reaffirm our commitment to our communities, our nation, and our God,<br />

and ask for His divine guidance in our efforts.<br />

Respectfully submitted,<br />

H. Steven Aharonian, M.D.<br />

President<br />

3


Executive Director’s Message<br />

4<br />

“Rejoice in the Lord always. I will say it again: Rejoice! Let your gentleness be evident<br />

to all. The Lord is near. Do not be anxious about anything, but in everything, by prayer<br />

and petition, with thanksgiving, present your requests to God.” Philippians 4: 4-6<br />

This is a message <strong>of</strong> thanksgiving for each and every person who planned, participated<br />

and prayed for the betterment <strong>of</strong> our organization, serving God’s children in 24<br />

countries. The AMAA is about passion for people, preaching the gospel, praying for<br />

everyone, providing for the poor and preparing a generation <strong>of</strong> young people who<br />

want to serve God.<br />

I praise God for giving me the opportunity to serve Him and my people through our<br />

wonderful organization, the <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong> (AMAA).<br />

It is through God’s divine guidance and leadership we, as an organization, can reach<br />

out and touch someone. We thank everyone who sought His leadership and guidance in serving our organization.<br />

Armenia: We thank our leadership and staff in Armenia. Special thanks go to Rev. Rene Leonian and Mr. Harout<br />

Nercessian for their leadership in Armenia and Rev. Samuel Kirakosyan, President <strong>of</strong> the ECA. We thank Rev. Dr. John<br />

Khanjian for his leadership in the Seminary for three years, and we welcome Dr. John Ahmaranian, the new Provost <strong>of</strong> the<br />

Seminary and wish him great success. We thank Melania Keghamyan for her leadership in the Avedisian School.<br />

Middle East: We thank our leadership and staff in the Near East. Special thanks to Rev. Mgrdich Karagoezian, Rev.<br />

Sebouh Terzian and Dr. Paul Haidostian for their leadership in Lebanon. We congratulate Haigazian University for its<br />

continuing great success. We also thank Rev. Harout Selimian for his leadership in Syria and as the President <strong>of</strong> the<br />

<strong>Armenian</strong> Evangelical World Council (AEWC).<br />

Europe: We thank our leadership in France, Rev. Joel Mikaelian, Rev. Gilbert Leonian and Mr. Serge Kurdjian. Also,<br />

Rev. Sarkis Pachaian <strong>of</strong> Belgium, Rev. Bedros Altunian in Bulgaria, Rev. Vicken Cholakian <strong>of</strong> Greece and AMAA<br />

<strong>Missionary</strong> Pastor Efa Yulafci <strong>of</strong> Germany.<br />

United States: We thank the leadership <strong>of</strong> the AMAA organization in the United States. We thank all <strong>of</strong> the Board<br />

members for participating in the mission <strong>of</strong> our organization by providing Wisdom, Wealth and Work and for their<br />

diligent prayers. Special thanks to our Board President, Dr. H. Steven Aharonian and our Solicitor Albert Momjian,<br />

Esq. Very special thanks also to Mr. Andy Torigian for his many years <strong>of</strong> service as President and Executive Director<br />

<strong>of</strong> the AMAA.<br />

We thank the leadership, chairpersons and hard working members <strong>of</strong> our Orphan & Child Care Committee, <strong>Armenian</strong><br />

Children’s Milk Fund Committee and the Summer Camp/Christmas Committee. Special thanks to: Joyce Stein and<br />

M.J. Hekemian, National Co-Chairs <strong>of</strong> the Orphan & Child Care Committee, Jeanmarie Papelian, <strong>Armenian</strong> Children’s<br />

Milk Fund Chair, and Lucy Janjigian and Elbiz Baghdikian, Chairs <strong>of</strong> the Summer Camp/Christmas Committee.<br />

We want to thank the AEUNA leadership and the prayers and participation <strong>of</strong> all our churches, chapters and fellowships.<br />

Special thanks to Rev. Joseph Matossian, Minister to the Union, and Rev. Avedis Boynerian, the Moderator to the<br />

Union. We welcome Rev. Mgrdich Melkonian, the newly elected Moderator and look forward to working with him in<br />

God’s field.<br />

In everything that we plan to do, let us do it by prayer and petition, with thanksgiving, presenting our requests to<br />

God.<br />

Respectfully submitted,<br />

Levon Filian<br />

Executive Director


AMAA At A Glance<br />

The <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc. (AMAA) is committed to excellence in all<br />

it does, because we work for our Lord. People willing to sacrifice their time and financial<br />

resources make it possible. With God’s blessing and direction, we have become a strong, effective<br />

organization, understanding and reaching our communities around the world with Christian service<br />

relevant to our times.<br />

The AMAA has at heart the religious cultivation, spiritual growth and development <strong>of</strong> the <strong>Armenian</strong><br />

people, enabling them to stand firmly in their Christian faith and to devote themselves to Christian<br />

mission expressed through the church, education and relief efforts.<br />

Therefore, the AMAA acts as an <strong>Armenian</strong> Evangelical missionary organization within the family <strong>of</strong> the<br />

<strong>Armenian</strong> Evangelical Church and the universal church <strong>of</strong> Jesus Christ.<br />

The AMAA was founded in 1918 in Worcester, MA and incorporated as a non-pr<strong>of</strong>it, charitable<br />

organization in 1920 in the State <strong>of</strong> New York. The AMAA is tax-exempt under Internal Revenue<br />

Code Section 501(c)(3).<br />

The AMAA’s purpose is to serve the physical and spiritual needs <strong>of</strong> people everywhere, both at home<br />

and around the world. To fulfill this worldwide mission, the AMAA maintains a range <strong>of</strong> educational,<br />

evangelistic, relief, social service, health care, church and child care ministries in 24 countries.<br />

The AMAA is governed by an elected Board <strong>of</strong> Directors composed <strong>of</strong> twenty-seven unpaid members<br />

and has many other volunteers serving on its various committees. The AMAA also cooperates<br />

with many <strong>Armenian</strong> and non-<strong>Armenian</strong> organizations worldwide in accomplishing its mission. We<br />

appreciate all the time, talent, and effort put forth by these individuals and organizations allowing us to<br />

accomplish all that is necessary.<br />

The mission and service ministry <strong>of</strong> the AMAA is made possible through the Grace <strong>of</strong> God and by the<br />

gifts <strong>of</strong> individuals, churches, and other organizations committed to fulfilling the Great Commission –<br />

“Go into all the world and preach the Gospel to all creation.” (Mark 16:15)<br />

Children at Sheen Shoghik Camp in Hankavan,<br />

Armenia<br />

5


AMAA Ministries<br />

All the successes that AMAA has had this past year around the world are too numerous to include in<br />

these pages. We have tried to provide the important highlights to give you a basic understanding <strong>of</strong> the<br />

scope <strong>of</strong> our ministries, which you will note is very extensive. Ministry efforts have touched the lives <strong>of</strong><br />

thousands <strong>of</strong> people worldwide. Job development initiatives remain an important focus in Armenia to<br />

help the people become more self-sufficient.<br />

We thank God for the ability and means He has granted us to effectively handle so many initiatives,<br />

blessing so many lives. This is made possible through the generous contributions <strong>of</strong> our donors, and<br />

many dedicated volunteers, exceptional staff, and strong systems and controls.<br />

A few <strong>of</strong> the many successes this year include:<br />

• The 20th anniversary <strong>of</strong> the <strong>Armenian</strong> Children’s Milk Fund. The Milk Fund provides formula in<br />

Armenia and Karabagh to infants that mothers cannot breastfeed. The Fund has saved thousands<br />

<strong>of</strong> infant lives over the 20 years it has existed.<br />

• A new and growing ministry in Germany reaching many lives for the kingdom <strong>of</strong> God with worship<br />

services and fellowships in three towns.<br />

• A medical mission trip to Armenia. A medical team from the USA traveled to Spitak and Stepanavan<br />

to provide free medical services and free medications to the impoverished. During the week they<br />

were there, 522 patients were seen. The team also provided ministries to the children and evening<br />

worship services.<br />

• Two job development initiatives were implemented in Armenia: a shoe manufacturing project in<br />

Vanatzor and a heifer project in various villages. The heifer project provides a cow to each family.<br />

Each family, in turn, agrees to impregnate its cow and provide a cow to another needy family.<br />

AMAA ministries are grouped into four main categories: Churches and Missions, Evangelism, Education,<br />

and Relief Aid. How AMAA accomplishes its mission in each <strong>of</strong> these four categories is summarized in<br />

the following pages.<br />

The effort is daunting and difficult but necessary. With your help, AMAA has the capability to accomplish<br />

the tasks for which the Lord has called us. Together, we can make a real difference in many, many lives<br />

throughout the world.<br />

Infant Formula for needy children in Armenia<br />

6


Churches and Missions<br />

The AMAA was established through the vision<br />

<strong>of</strong> <strong>Armenian</strong> Evangelical Churches in the<br />

United States for missions and they became<br />

the mainstay <strong>of</strong> support for its programs. Over<br />

the years, AMAA supported churches and<br />

missions both at home and overseas. As large<br />

numbers <strong>of</strong> <strong>Armenian</strong>s emmigrated to new<br />

areas, the necessity to establish new churches<br />

<strong>Armenian</strong> Evangelical Church <strong>of</strong> Ashrafieh, Lebanon<br />

became essential. Through AMAA’s support,<br />

churches are planted and supported in North<br />

<strong>America</strong>, Armenia, Europe, and the Middle East.<br />

Today, there are 145 <strong>Armenian</strong> Evangelical<br />

Churches and Fellowships around the world<br />

where the Gospel is preached. Ministries in<br />

Germany continue to grow and construction <strong>of</strong><br />

the new church building in Belgium is in the first<br />

phase <strong>of</strong> renovations.<br />

Christmas Worship Service at the <strong>Armenian</strong><br />

Evangelical Church <strong>of</strong> Tehran, Iran<br />

Evangelism<br />

Teach, preach, and be a witness to all nations - this is evangelism. It was the vital command<br />

that Jesus gave to His disciples. AMAA has faithfully followed Christ’s instruction and<br />

today AMAA supports 45 major evangelistic programs including Bible Study groups, Child<br />

Evangelism, Summer Camps, daily Vacation Bible<br />

Schools, missionary outreaches, and distribution<br />

<strong>of</strong> Bibles and Christian literature. Through these<br />

programs, not only has AMAA changed the lives <strong>of</strong><br />

thousands <strong>of</strong> people, but it has also inspired hope<br />

for future generations. Bringing people the good<br />

news <strong>of</strong> eternal life in Christ is the best and most<br />

important part <strong>of</strong> all the AMAA does.<br />

Rev. Gilbert Leonian, President <strong>of</strong> the <strong>Armenian</strong> Evangelical<br />

Fellowship <strong>of</strong> Europe, installing Efa Yufalci as the AMAA<br />

missionary in Germany<br />

7


Education<br />

Education is the most important asset<br />

that can be provided to an individual.<br />

<strong>Armenian</strong> Evangelicals have been pioneers<br />

in establishing exceptional schools and<br />

colleges. <strong>Armenian</strong> Christian education has<br />

not only been instrumental in maintaining<br />

<strong>Armenian</strong> heritage, but also in the survival<br />

<strong>of</strong> a nation. It is essential we capture the<br />

next generation -- our future. Twenty-five<br />

<strong>Armenian</strong> Evangelical Schools in Armenia, Child Education - <strong>Armenian</strong> Evangelical Central High School<br />

Middle East, and North <strong>America</strong> rely on<br />

AMAA’s support. Over 1,000 needy students receive tuition aid. Haigazian University, the<br />

only institution <strong>of</strong> higher education in the <strong>Armenian</strong> Diaspora, is funded by the AMAA. The<br />

Theological Academy in Armenia is completely supported by the AMAA. Each year, 150<br />

college students in the United States and Armenia receive scholarships, making it possible for<br />

them to receive a higher education.<br />

Through the help <strong>of</strong> the AMAA, our young generation is prepared to meet the challenges<br />

as they grow and become successful clergymen, teachers, businessmen, diplomats, social<br />

workers and pr<strong>of</strong>essionals, not only economically, but morally and spiritually.<br />

Relief Aid<br />

Meeting the needs <strong>of</strong> the impoverished is a command <strong>of</strong> the Lord, as we read in Matthew 25,<br />

especially with respect to caring for those whose conditions are most destitute.<br />

The AMAA accepts this command very seriously and has provided relief aid and human<br />

services to thousands <strong>of</strong> people around the world, including those affected by wars or natural<br />

disasters. Together with the support <strong>of</strong> its members, friends, and partner organizations,<br />

the AMAA provides food for the hungry, shelter to the homeless, medical care for the sick,<br />

clothing to the naked, care for the children and elderly and love to those who are desperate<br />

and hopeless. Thousands <strong>of</strong> needy children and their families are sponsored, social service<br />

<strong>of</strong>fices have reached out to the needy and soup<br />

kitchens and medical clinics have improved the<br />

health <strong>of</strong> many <strong>of</strong> the needy.<br />

These services were rendered not only in<br />

response to the needs, but also in response to<br />

God’s calling. AMAA - Caring for the least <strong>of</strong> our<br />

brothers and sisters in Christ.<br />

8<br />

Soup Kitchen in Varna, Bulgaria


Capital Fundraising Campaign<br />

Phase II Kick<strong>of</strong>f<br />

The Development Committee announced the Phase II <strong>of</strong> the AMAA’s<br />

Capital Campaign during its 91st <strong>Annual</strong> Banquet held at the Hackensack<br />

Golf Club in Oradell, New Jersey. The Campaign gained momentum<br />

with the generous pledge <strong>of</strong> $5 million in matching funds from Edward<br />

and Pamela Avedisian toward the construction <strong>of</strong> a new campus for the<br />

Avedisian School in Yerevan.<br />

Our first challenge will be to raise $5 million in matching funds to<br />

successfully build a new school campus.<br />

The AMAA plans to raise an additional $8 million for the following<br />

projects and programs:<br />

• Construction <strong>of</strong> a church and community center in Gyumri<br />

• Purchase and remodeling <strong>of</strong> churches in Armenia and Europe<br />

• Purchase and remodeling <strong>of</strong> kindergartens in Armenia<br />

• Renovating schools, summer camps and churches in Lebanon,<br />

Syria, Europe and Armenia<br />

• Support schools in the United States and Middle East<br />

• Start community and youth centers in the states<br />

• Organize and implement leadership, internships and youth<br />

programs in all our fields<br />

We take this opportunity to thank God for His abundant blessings upon<br />

our organization. We also thank all those who generously participated in<br />

our Phase I Capital Campaign by donating over $11 million.<br />

Our Phase I accomplishments include the following programs and<br />

projects:<br />

• Supported and renovated summer camps in Lebanon, Armenia,<br />

Karabagh and the USA. These include major renovations in<br />

Sheen-Shoghig Camp, Bedrosian Camp and the Bezjian Building<br />

in Camp KCHAG, Lebanon.<br />

• Supported and renovated the Haigazian University in Lebanon,<br />

where over 800 students receive quality education. The Heritage<br />

building was completely renovated and the Sirpuhe Philibosian<br />

Conte Hall was dedicated on April 30, 2010.<br />

• Renovation <strong>of</strong> the Baghramian Street Building which houses the<br />

Yerevan Evangelical Church and the Evangelical Theological<br />

Academy <strong>of</strong> Armenia. The Center has become a beacon for<br />

preaching the Gospel, Evangelism, Discipleship and various<br />

cultural activities.<br />

We invite you to join us in our Phase II Capital Campaign project.<br />

The future building <strong>of</strong> the Avedisian<br />

School inYerevan, Armenia<br />

<strong>Armenian</strong> Evangelical Center on<br />

Baghramian Street in Yerevan, Armenia<br />

Future site <strong>of</strong> House <strong>of</strong> Hope Church<br />

in Yerevan, Armenia<br />

Future site <strong>of</strong> the <strong>Armenian</strong> Evangelical<br />

Center in Gyumri, Armenia<br />

Building a new sanctuary to house the<br />

<strong>Armenian</strong> Evangelical Church <strong>of</strong> Belgium<br />

9


AMAA Serving the Needs <strong>of</strong><br />

During fiscal <strong>2009</strong>-10, the following ministries were supported by the AMAA:<br />

ARMENIA<br />

• Relief to families<br />

• Sponsorship <strong>of</strong> 2,800 children & families<br />

• Sponsorship <strong>of</strong> grannies<br />

• Health Care Center in Yerevan<br />

• Dental Clinic in Vanatzor<br />

• Support development projects<br />

• Theological Academy <strong>of</strong> Armenia<br />

• Avedisian School in Yerevan<br />

• Operation <strong>of</strong> 6 Kindergartens<br />

• Scholarship to College & University students<br />

• Hankavan Summer Camp for 1,700 children<br />

• Christian Education Programs in 67 locations<br />

• Infant formula for 600 infants with special needs<br />

• Christmas Programs and distribution <strong>of</strong> gifts<br />

• Publication & Distribution <strong>of</strong> Bibles and Christian<br />

literature<br />

• Support orphanages, nurseries, children’s<br />

hospitals<br />

• Support the ministries <strong>of</strong> the Union <strong>of</strong> the Evangelical<br />

Churches and its 65-member churches and fellowships<br />

ARGENTINA<br />

• Relief to families and elderly people<br />

• Distribution <strong>of</strong> Bibles & Devotional literature<br />

AUSTRALIA<br />

• Support the <strong>Armenian</strong> Evangelical Church<br />

• Distribution <strong>of</strong> Christian literature<br />

BELGIUM<br />

• Purchase and renovation <strong>of</strong> a church building in<br />

Brussels<br />

• Support the <strong>Armenian</strong> Evangelical Churches<br />

• Subsidize the salaries <strong>of</strong> ministers and Christian<br />

workers<br />

• Distribution <strong>of</strong> Christian literature<br />

CANADA<br />

• Support the <strong>Armenian</strong> Evangelical Church <strong>of</strong><br />

Cambridge<br />

• Scholarship to college students<br />

• Distribution <strong>of</strong> Christian literature<br />

CYPRUS<br />

• Distribution <strong>of</strong> Christian literature<br />

EGYPT<br />

• Support the <strong>Armenian</strong> Evangelical Church<br />

• Distribution <strong>of</strong> Christian literature<br />

FRANCE<br />

• Support Christian Camps<br />

• Financial aid to Panpere & La Lumignon<br />

publications<br />

• Support the general Ministries <strong>of</strong> the <strong>Armenian</strong><br />

Evangelical Union <strong>of</strong> France<br />

• Distribution <strong>of</strong> Christian literature<br />

• Relief to retired teachers and pastors<br />

• Support the <strong>Armenian</strong> Evangelical Fellowship <strong>of</strong><br />

Europe<br />

• Church and camp building renovations<br />

GEORGIA<br />

• Support the ministry <strong>of</strong> six <strong>Armenian</strong> Evangelical<br />

Churches<br />

• Funding <strong>of</strong> Summer Youth Camp<br />

• Relief to families<br />

• Distribution <strong>of</strong> Christian literature<br />

GERMANY<br />

• Support the ministry in Eppingen, Kehl and Stuttgart<br />

• Distribution <strong>of</strong> Christian literature<br />

BRAZIL<br />

• Support the <strong>Armenian</strong> Evangelical Church<br />

• Distribution <strong>of</strong> Christian literature<br />

• Scholarship to college students<br />

• Relief to families<br />

BULGARIA<br />

• Support the <strong>Armenian</strong> Evangelical Churches<br />

• Support Children and Youth Summer Camps<br />

• Relief to families<br />

• Distribution <strong>of</strong> Christian literature<br />

Youth Summer Camp in France<br />

10


Our Communities Around the World<br />

GREECE<br />

• Support the <strong>Armenian</strong> Evangelical KG <strong>of</strong> Kokkinia<br />

• Support the ministries <strong>of</strong> two churches in Athens<br />

• Distribution <strong>of</strong> Christian literature<br />

HOLLAND<br />

• Support missionary work in <strong>Armenian</strong> Communities<br />

• Distribution <strong>of</strong> Christian literature<br />

IRAN<br />

• Support the ministry <strong>of</strong> three local churches<br />

• Distribution <strong>of</strong> Christian literature<br />

IRAQ<br />

• Support the ministry <strong>of</strong> the <strong>Armenian</strong> Evangelical<br />

Church <strong>of</strong> Baghdad<br />

KARABAGH<br />

• Relief to 200 orphans and needy children<br />

• Operate Shushi Summer Camp<br />

• Support Christian Education Programs for children<br />

and youth<br />

• Distribution <strong>of</strong> milk formula to infants with special needs<br />

• Operation <strong>of</strong> six Kindergartens<br />

• Distribution <strong>of</strong> Christian literature<br />

LEBANON<br />

• Support Haigazian University<br />

• Support four High Schools, one Middle School and one<br />

Elementary School<br />

• Support the Centers for the <strong>Armenian</strong> Handicapped<br />

• Support Daily Vacation Bible Schools<br />

• Support Christian Endeavor Youth Camps<br />

• Support the <strong>Armenian</strong> Evangelical Social Service Center<br />

• Subsidize the salaries <strong>of</strong> pastors<br />

• Support youth ministries<br />

• Relief to families<br />

RUSSIA<br />

• Support the ministries <strong>of</strong> the <strong>Armenian</strong> Evangelical<br />

Churches <strong>of</strong> Moscow and Sochi<br />

• Distribution <strong>of</strong> Christian literature<br />

SYRIA<br />

• Support six Elementary Schools and one Secondary<br />

School<br />

• Financial aid to KCHAG summer camp in Kessab<br />

• Financial aid to Daily Vacation Bible Schools<br />

• Financial aid to churches<br />

• Relief provision to retired teachers<br />

• Financial aid to the <strong>Association</strong> for the <strong>Armenian</strong> Blind<br />

• Financial aid to the <strong>Armenian</strong> Old Age Home <strong>of</strong> Aleppo<br />

Rev. Nerses & Nouritza Sarian KG in Hadrut, Karabagh<br />

• Subsidize the salaries <strong>of</strong> pastors<br />

• Support the medical and dental clinics <strong>of</strong> Christ’s<br />

Church in Aleppo<br />

• Support Arevik Youth Center<br />

• Support social and relief services<br />

• Relief to families<br />

TURKEY<br />

• Distribution <strong>of</strong> Christian literature<br />

• Support local <strong>Armenian</strong> Evangelical Churches<br />

UNITED STATES<br />

• Financial aid to <strong>Armenian</strong> Evangelical Churches &<br />

Fellowships<br />

• Financial aid to <strong>Armenian</strong> Evangelical Merdinian &<br />

Sahag-Mesrob Schools<br />

• Financial aid to Theological students and interns<br />

• Financial aid to Ararat Home<br />

• Financial aid to Camp Arev and Camp Arevelk<br />

• Financial aid to the AEUNA’s Youth Ministry<br />

• Financial aid to AEUNA’s publication<br />

• Scholarship to college and university students<br />

• Organize Literary Contests<br />

• Distribution <strong>of</strong> Christian literature<br />

URUGUAY<br />

• Financial assistance to the local church<br />

• Relief provisions to families<br />

• Distribution <strong>of</strong> Christian literature<br />

OTHER COUNTRIES<br />

• Support an orphanage in Mozambique<br />

• Support the Ferraz de Vasconcellos mission center <strong>of</strong><br />

the <strong>Armenian</strong> Evangelical Church <strong>of</strong> Sao Paulo<br />

• Emergency relief aid for victims <strong>of</strong> natural disasters<br />

• Support new ministries in other countries<br />

11


<strong>Armenian</strong> Evangelical Unions Throughout The World<br />

The <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong> (AMAA) was born and nourished within the <strong>Armenian</strong> Evangelical Church and continues to act<br />

as its missionary arm. Thus AMAA continues to cooperate with the church and enjoys its full support.<br />

In the next few paragraphs we provide excerpts from the reports <strong>of</strong> the <strong>Armenian</strong> Evangelical Unions and the <strong>Armenian</strong> Evangelical World Council<br />

that were submitted to the 91st <strong>Annual</strong> Meeting:<br />

ARMENIAN EVANGELICAL UNION OF EURASIA (AEUE)<br />

The <strong>Armenian</strong> Evangelical Union <strong>of</strong> Eurasia (AEUE) brings together all the <strong>Armenian</strong> Evangelical churches and fellowships <strong>of</strong> the former Soviet<br />

Union republics. The AEUE consists <strong>of</strong> 40 churches and fellowships in Armenia (united within the Evangelical Church <strong>of</strong> Armenia), 5 churches in<br />

Georgia, one church in Abkhazia, 3 churches in Karabagh and 2 churches and one fellowship in Russia. The AEUE aims at helping the churches<br />

grow and its pastors mature. It provides pastoral support to the ministers and young leaders, organizes pastoral visitations and outreach, helps in the<br />

implementation <strong>of</strong> Christian Education programs, and promotes fraternal relations between member churches, fellowships and their ministers.<br />

The AEUE co-founded the Evangelical Theological Academy <strong>of</strong> Armenia, where young leaders and full-time ministers <strong>of</strong> the former Soviet Union<br />

republics have received and continue to receive their training in preparation for Christian ministry.<br />

ARMENIAN EVANGELICAL UNION OF FRANCE (AEUF)<br />

The <strong>Armenian</strong> Evangelical Union <strong>of</strong> France (AEUF) continued its missions in France, in Belgium, Germany, “Hope for Armenia” and also provided<br />

help to churches in Iraq and Iran.<br />

The Union became a member <strong>of</strong> the “Federation Protestante de France” and continues its membership with the “National Council <strong>of</strong> the French<br />

Evangelics.”<br />

The Union has faced some challenges and difficulties. They are addressing these issues and through prayer, have made progress in resolving<br />

them.<br />

There is a need for new pastors. Two seminary students Vicken Aznavourian and Timothé Daniel are currently attending the Theological College<br />

in Paris.<br />

The camp and youth activities continue to flourish. The camps La Source and La Fontanelle had over 250 youth and over 300 adults attend their<br />

Christian camp sessions. The youth organized music and theater festivals in Arnouville Les Gonesse.<br />

The publication <strong>of</strong> Panpere and the calendar continued and were distributed in France and worldwide.<br />

ARMENIAN EVANGELICAL UNION OF NORTH AMERICA (AEUNA)<br />

The <strong>Armenian</strong> Evangelical Union <strong>of</strong> North <strong>America</strong> (AEUNA) had a successful year. Here are some <strong>of</strong> the highlights:<br />

In July 2010, the AEUNA held its 20th Biennial Assembly in Southfield, Michigan. During the Assembly, the following four churches joined the<br />

Union: Holy Trinity <strong>Armenian</strong> Church, Christian Outreach for <strong>Armenian</strong>s, Christ <strong>Armenian</strong> Church, and Holy Trinity <strong>Armenian</strong> Evangelical Church.<br />

The Union reported the ordination <strong>of</strong> Sarkis Karaminassian as the Pastor <strong>of</strong> St. Nareg <strong>Armenian</strong> Church and Jason Davis as the Youth Director <strong>of</strong><br />

the First <strong>Armenian</strong> Church <strong>of</strong> Belmont and the <strong>Armenian</strong> Memorial Church <strong>of</strong> Watertown. The Union announced that they had two students graduating<br />

from seminaries: Jeremy Tomassian, who is interning at the <strong>Armenian</strong> Church <strong>of</strong> the Nazarene in Glendale, and Haig Darakjian, who is interning at the<br />

United <strong>Armenian</strong> Congregation Church in Hollywood.<br />

The camp ministries continue to register success stories. The camp participation has grown each year both in Camp Arev and in Camp Arevelk.<br />

The Camp Arev construction and expansion project was completed. Three newly constructed buildings were dedicated; a new Chapel building<br />

sponsored by Dr. & Mrs. Hrair Darakjian and family; the multipurpose building sponsored by Mrs. Ahahis Derian – in loving memory <strong>of</strong> her husband<br />

Henry; and an infirmary sponsored by the Hovanesian Family in memory <strong>of</strong> Rev. Herald Hassessian.<br />

The AEUNA is grateful to the AMAA for its financial and moral support as they partner together in serving the Lord.<br />

UNION OF ARMENIAN EVANGELICAL CHURCHES IN THE NEAR EAST (UAECNE)<br />

The Union <strong>of</strong> <strong>Armenian</strong> Evangelical Churches in the Near East (UAECNE) had a year <strong>of</strong> fruitful service and new challenges. Within an atmosphere<br />

<strong>of</strong> relatively peaceful circumstances, they were able to continue their ministry to our communities and our people in the different countries where<br />

UAECNE churches exist.<br />

Church life was filled with blessings this year. Although UAECNE congregations did not grow much in number, they continued to do well, except<br />

for the Martyrs’ Church in Homs; the regional governments in Syria recently implemented a law to check religious activities <strong>of</strong> public character taking<br />

place in apartments. The church in Homs being one such facility was closed down with over ten others around Syria. However, the other churches<br />

<strong>of</strong> the UAECNE went on with their life and worship. The Church in Ainjar, Lebanon, had two halls renovated and re-inaugurated, on the occasion <strong>of</strong><br />

the 70th anniversary <strong>of</strong> the establishment <strong>of</strong> the village <strong>of</strong> Ainjar - a meeting hall named after the late Miss Silva Shammasian, and an audiovisual<br />

room for the school in the name <strong>of</strong> the late Rev. Movses Janbazian. Emigration <strong>of</strong> the younger generation is still a problem, the core reason being<br />

economic.<br />

The 66th General Assembly, held in Kessab, Syria on July 4-7, was a bit different than usual. The UAECNE had a seminar type assembly, and<br />

work was confined to necessary elections on the last day <strong>of</strong> the assembly. Also, two representatives <strong>of</strong> the <strong>Armenian</strong> Evangelical Church <strong>of</strong> Baghdad,<br />

Iraq, participated for the first time, since it was resolved to accept their Church as an Associate Member for three years.<br />

Schools in Syria and Lebanon have been confronting new financial challenges because <strong>of</strong> changing laws and because <strong>of</strong> diminishing support from<br />

other organizations, such as Bible Lands. Still most schools in Syrian and Lebanon had over 90% success in <strong>of</strong>ficial exams.<br />

12


Summer camps for all ages went well this summer. They were held in KCHAG in Kessab, and two camps were organized in Ainjar. Participation<br />

was good and our church atmosphere in Syria and Lebanon will benefit from the results <strong>of</strong> these camps. Daily Vacation Bible Schools were also well<br />

attended and very lively. One Youth Camp was held in KCHAG. This camp which was occupied during the Lebanese Civil War, was finally reclaimed<br />

and partial renovations were done.<br />

The UAECNE thanks God for trusting to them His work on earth. Special thanks to the AMAA, the Philibosian Foundation and all donors for the<br />

support that helped sustain the mission field in the Near East.<br />

UNION OF EVANGELICAL CHURCHES OF ARMENIA (ECA)<br />

There are 40 churches, prayer houses and centers in Armenia. The main source <strong>of</strong> financial and guidance support <strong>of</strong> the Evangelical Church <strong>of</strong><br />

Armenia (ECA) is the AMAA, contributing to the spiritual, cultural, moral and social growth <strong>of</strong> the <strong>Armenian</strong> people.<br />

Today ECA’s aim is to keep and strengthen the local churches, prayer houses and Evangelical centers in Armenia, so that they reach higher levels<br />

<strong>of</strong> Christian maturity, and also to move towards financial independence. This year, 99 individuals from different churches were baptized, testifying to<br />

their relationship with God.<br />

ECA organized seminars for the pastors and their assistants in order to strengthen the church leadership. By the ECA Board’s decision, each<br />

ordained pastor will have an assistant who will serve under his supervision. This year, during August, a one-day camp with the pastors, assistants and<br />

their families was held.<br />

Christian Education is one <strong>of</strong> the ministries <strong>of</strong> ECA. It serves in all 40 churches with its Christian, cultural and sport programs.<br />

The pastors <strong>of</strong> the ECA visit prisons and have individual meetings with prisoners speaking to them about spiritual topics. The Evangelical<br />

Theological Academy <strong>of</strong> Armenia is undergoing changes. A new Board with a new President was formed. The Academy has a new Provost.<br />

A main objective this year was to promote unity and love in ECA churches so that God will continue blessing Armenia and <strong>Armenian</strong>s. One day<br />

we will have a real powerfully Christian country built by united efforts.<br />

THE ARMENIAN EVANGELICAL WORLD COUNCIL (AEWC)<br />

The Executive Committee <strong>of</strong> the <strong>Armenian</strong> Evangelical World<br />

Council (AEWC) held its annual meeting on Friday, October 16, <strong>2009</strong>,<br />

at the <strong>Armenian</strong> Euphrates Evangelical Church in Providence, Rhode<br />

Island. Items that the Executive Committee addressed included:<br />

1. Update on Evangelistic work in Belgium. An update was given<br />

on the newly purchased church building for <strong>Armenian</strong> Evangelical<br />

Church <strong>of</strong> Brussels by the <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong><br />

(AMAA). The Committee resolved to urge <strong>Armenian</strong> Evangelical<br />

churches worldwide to lend a helping hand to their sister church <strong>of</strong><br />

Brussels.<br />

2. Status <strong>of</strong> the <strong>Armenian</strong> Evangelical Church <strong>of</strong> Baghdad. It was<br />

reported that the church was formally received as an associate member<br />

<strong>of</strong> UAECNE and is expected to be in full membership in the future. It<br />

was recommended to appeal to all <strong>Armenian</strong> Evangelical churches to<br />

support this church.<br />

3. An evaluation <strong>of</strong> the <strong>Armenian</strong> Evangelical outreach in Armenia<br />

was made. Members expressed the need to intensify their interaction<br />

and partnership with the AMAA. They also expressed their gratification<br />

in the increasing role <strong>of</strong> leadership <strong>of</strong> the local ministers.<br />

4. Because <strong>of</strong> its far-reaching ramifications, amendments <strong>of</strong><br />

Armenia’s constitution on freedom <strong>of</strong> faith, particularly the law <strong>of</strong><br />

proselytism, have<br />

been a serious concern to all members <strong>of</strong> AEWC during the past year.<br />

All members have worked hard to see the government <strong>of</strong> Armenia repeal these amendments. It appears that the non-favorable report <strong>of</strong> the “European<br />

Commission for Democracy Through Law” (The Venice Commission) must have made an impact on the <strong>Armenian</strong> legislature to rethink the proposed<br />

amendments.<br />

5. AEWC’s relationship with the See <strong>of</strong> Etchmiadzin was reviewed. It was resolved to send a delegation to Etchmiadzin on November 30, <strong>2009</strong>, for the<br />

purpose <strong>of</strong> strengthening spiritual ties with the Holy See and explore areas <strong>of</strong> mutual cooperation.<br />

6. The Protocols on the establishment <strong>of</strong> diplomatic relations between Armenia and Turkey, signed on October 10, <strong>2009</strong>, was discussed at length.<br />

The five member church Unions <strong>of</strong> AEWC participated in the deliberations and resolved that although they welcome the Protocols between Armenia<br />

and Turkey, they are very concerned about the following two veiled preconditions: (a) The agreement that the Republic <strong>of</strong> Armenia has no territorial<br />

claims from Turkey; (b) Armenia’s acceptance <strong>of</strong> the establishment <strong>of</strong> a commission <strong>of</strong> historians to examine historical records and archives regarding<br />

the <strong>Armenian</strong> Genocide. Such an enterprise would be counterproductive and an evasion <strong>of</strong> the issue, because the <strong>Armenian</strong> Genocide is already a<br />

historically established fact. These preconditions are detrimental to the <strong>Armenian</strong> Cause.<br />

13


Financial <strong>Report</strong>s<br />

<strong>Report</strong> <strong>of</strong> Management<br />

Management is responsible for the accompanying consolidated financial statements, related notes thereto,<br />

and all other financial information presented herein. The consolidated financial statements have been<br />

prepared in conformity with accounting principles generally accepted in the United States <strong>of</strong> <strong>America</strong>. In<br />

management’s opinion, the consolidated financial statements present fairly the organization’s financial<br />

position, results <strong>of</strong> operations, and cash flows. In addition, information and representations included in<br />

the organization’s <strong>Annual</strong> <strong>Report</strong> are consistent with the financial statements.<br />

The organization maintains a system <strong>of</strong> internal accounting policies, procedures, and controls intended<br />

to provide reasonable assurance at appropriate costs, given the inherent limitations <strong>of</strong> all internal control<br />

systems, that transactions are executed in accordance with organization authorization, are properly<br />

recorded and reported in the financial statements, and that assets are adequately safeguarded. The<br />

organization’s independent accountants continually evaluate the adequacy and effectiveness <strong>of</strong> this<br />

system <strong>of</strong> internal accounting policies, procedures, and controls to the extent required under generally<br />

accepted auditing standards. Management takes the appropriate actions to correct deficiencies as they<br />

are identified.<br />

The Audit Committee <strong>of</strong> the Board <strong>of</strong> Directors is composed solely <strong>of</strong> nonemployee members and is responsible<br />

for overseeing and monitoring the quality <strong>of</strong> the organization’s accounting and control practices.<br />

The Audit Committee meets throughout the year with management and the independent accountants to<br />

discuss audit activities, internal controls, and financial reporting matters. The Audit Committee reports<br />

its activities to the Board <strong>of</strong> Directors. The independent accountants have unrestricted access to the<br />

Audit Committee, without the presence <strong>of</strong> management.<br />

Levon Filian<br />

Executive Director<br />

14


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Statements <strong>of</strong> Financial Position<br />

As <strong>of</strong> July 31, 2010 and <strong>2009</strong><br />

The <strong>Armenian</strong> <strong>Missionary</strong><br />

<strong>Association</strong> <strong>of</strong> <strong>America</strong><br />

(AMAA) emphasizes full<br />

financial disclosure, accountability<br />

and<br />

careful stewardship.<br />

NET ASSETS OF<br />

THE AMAA<br />

ASSETS 2010 <strong>2009</strong><br />

Cash $ 907,095 $ 998,960<br />

Interest receivable and prepaid expenses 33,913 33,913<br />

Pledges receivable, less allowance for doubtful pledges<br />

<strong>of</strong> $628,998 in 2010 and $628,998 in <strong>2009</strong> (Note 3) 2,504,292 3,109,465<br />

Other receivables 11,113 16,549<br />

Total Cash and Receivables 3,456,413 4,158,887<br />

Investments: (Note 4)<br />

Cash equivalents 13,242,195 10,943,290<br />

Corporate stocks 65,367,944 59,622,943<br />

Bonds and notes 5,536,861 5,885,549<br />

Real estate 23,232,757 22,885,361<br />

Total Investments 107,379,757 99,337,143<br />

$118MM<br />

$122MM<br />

$124MM<br />

Loans receivable, less allowance for doubtful<br />

accounts <strong>of</strong> $350,000 in 2010 and<br />

$50,000 in <strong>2009</strong> (Note 6) 2,851,991 3,518,719<br />

Land, buildings, and equipment at cost, less<br />

accumulated depreciation <strong>of</strong> $2,047,998 in 2010<br />

and $1,830,367 in <strong>2009</strong> (Note 7) 10,587,240 10,476,095<br />

$116MM<br />

Total Assets $124,275,401 $117,490,844<br />

LIABILITIES AND NET ASSETS<br />

$108MM<br />

2006 2007<br />

2008 <strong>2009</strong> 2010<br />

Liabilities<br />

Accounts payable and accrued expenses $ 80,602 $ 81,349<br />

Custodial accounts (Note 8) 1,574,864 1,613,662<br />

Total Liabilities 1,655,466 1,695,011<br />

Net Assets<br />

God is not unjust; he will<br />

not forget your work and<br />

the love you have shown<br />

him as you have helped<br />

his people and continue to<br />

help them. (Hebrews 6:10)<br />

Unrestricted (Note 9)<br />

Undesignated 10,934,930 10,900,656<br />

Temporarily restricted (Note 10) 9,541,648 9,637,427<br />

Permanently restricted (Note 11) 102,143,357 95,257,750<br />

Total Net Assets 122,619,935 115,795,833<br />

Total Liabilities and Net Assets $124,275,401 $117,490,844<br />

The Notes to the financial statements are an integral part <strong>of</strong> these statements.<br />

16


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Statements <strong>of</strong> Activities and Changes in Net Assets<br />

For the Years Ended July 31, 2010<br />

Revenues, Gains & Other Support<br />

Temporarily Permanently<br />

Unrestricted Restricted Restricted Total<br />

Contributions and bequests $ 1,946,828 $ 1,429,499 $ 851,577 $ 4,227,904<br />

Net realized gains (losses) on investments (27,860) (32,362) 770,606 710,384<br />

Net unrealized gains (losses) on investments (52,726) 33,962 4,989,735 4,970,971<br />

Investment income (Note 4) 258,421 1,343,540 2,138,333 3,740,294<br />

Transfer investment income 3,395,626 (1,199,161) (2,196,465) -<br />

Net assets released from restrictions -<br />

Satisfaction <strong>of</strong> program objectives 1,339,436 (1,671,257) 331,821 -<br />

Total Revenues, Gains & Other Support 6,859,725 (95,779) 6,885,607 13,649,553<br />

Program Services<br />

Education<br />

Child education 874,463 874,463<br />

General scholarship 149,323 149,323<br />

Leadership and theological training 188,130 188,130<br />

Haigazian University <strong>of</strong> Beirut 349,830 349,830<br />

Relief 2,861,034 2,861,034<br />

Evangelism 638,943 638,943<br />

Churches and missions 350,720 350,720<br />

Publications 54,226 54,226<br />

Living trusts 1,000 1,000<br />

Supporting Services<br />

Travel and hospitality 47,810 47,810<br />

Legal expense 28,523 28,523<br />

Office administration 1,063,817 1,063,817<br />

Depreciation 217,632 217,632<br />

Total Expenses 6,825,451 - - 6,825,451<br />

Change in Net Assets 34,274 (95,779) 6,885,607 6,824,102<br />

Net Assets at Beginning <strong>of</strong> Year 10,900,656 9,637,427 95,257,750 115,795,833<br />

Net Assets at Year-End $ 10,934,930 $ 9,541,648 $ 102,143,357 $ 122,619,935<br />

The Notes to the financial statements are an integral part <strong>of</strong> these statements.<br />

HOW INCOME WAS RECEIVED...<br />

Percentage <strong>of</strong> Income<br />

... HOW IT WAS SPENT<br />

Percentage <strong>of</strong> Expenses<br />

Investment Income<br />

27%<br />

Gains on Investments<br />

43%<br />

CHURCHES & MISSIONS<br />

5%<br />

EVANGELISM<br />

9%<br />

MISC.<br />

1%<br />

PUBLICATIONS<br />

1%<br />

RELIEF<br />

42%<br />

Contributions<br />

31%<br />

ADMINISTRATION/<br />

DEVELOPMENT<br />

19%<br />

EDUCATION<br />

23%<br />

17


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Statement <strong>of</strong> Activities and Changes in Net Assets<br />

For the Year Ended July 31, <strong>2009</strong><br />

Temporarily<br />

Permanently<br />

Unrestricted Restricted Restricted Total<br />

Revenues, Gains & Other Support<br />

Contributions and bequests $ 3,951,449 $ 1,213,706 $ 1,787,573 $ 6,952,728<br />

Net realized gains (losses) on investments (48,262) 189,509 (2,728,167) (2,586,920)<br />

Net unrealized gains (losses) on investments 2,765 (2,808) (7,330,967) (7,331,010)<br />

Investment income (Note 4) 222,146 1,377,234 2,093,265 3,692,645<br />

Transfer investment income 3,308,958 (1,250,836) (2,058,122) -<br />

Net assets released from restrictions -<br />

Satisfaction <strong>of</strong> program objectives 2,571,945 (2,712,945) 141,000 -<br />

Total Revenues, Gains & Other Support 10,009,001 (1,186,140) (8,095,418) 727,443<br />

Program Services<br />

Education<br />

Child education 636,736 636,736<br />

General scholarship 198,262 198,262<br />

Leadership and theological training 178,983 178,983<br />

Haigazian University <strong>of</strong> Beirut 333,193 333,193<br />

Relief 2,777,010 2,777,010<br />

Evangelism 695,664 695,664<br />

Churches and missions 929,323 929,323<br />

Publications 79,962 79,962<br />

Living trusts 2,000 2,000<br />

Supporting Services<br />

Travel and hospitality 96,117 96,117<br />

Legal expense 50,100 50,100<br />

Office administration 1,030,888 1,030,888<br />

Depreciation 206,733 206,733<br />

Total Expenses 7,214,971 - - 7,214,971<br />

Change in Net Assets 2,794,030 (1,186,140) (8,095,418) (6,487,528)<br />

Net Assets at Beginning <strong>of</strong> Year 8,106,626 10,823,567 103,353,168 122,283,361<br />

Net Assets at Year-End $ 10,900,656 $ 9,637,427 $ 95,257,750 $ 115,795,833<br />

The Notes to the financial statements are an integral part <strong>of</strong> these statements.<br />

18


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Statements <strong>of</strong> Cash Flows<br />

For the Years Ended July 31, 2010 and <strong>2009</strong><br />

2010 <strong>2009</strong><br />

Cash flows from operating activities:<br />

Change in net assets $ 6,824,102 $ (6,487,528)<br />

Adjustment to reconcile change in net assets to net cash<br />

from/(used in) operating activities:<br />

Depreciation 217,632 206,733<br />

Net unrealized (gains)/losses on investments (4,970,971) 7,331,010<br />

Net realized (gains)/losses on investments (738,244) 2,635,182<br />

(Increase)/decrease in interest receivable and prepaid expenses - (26,258)<br />

(Increase)/decrease in pledges/other receivables 429,435 160,307<br />

(Increase)/decrease in loans receivable 966,728 247,569<br />

Increase/(decrease) in accounts payable and accrued expenses (747) (64,879)<br />

Increase/(decrease) in custodial accounts (38,798) (184,455)<br />

Contributions permanently restricted (851,577) (1,787,573)<br />

Contributions temporarily restricted (1,429,499) (1,213,706)<br />

Investment income restricted for reinvestment 58,132 (35,143)<br />

Investment income restricted for programs (144,379) (126,398)<br />

Net cash flows from operating activities 321,814 654,861<br />

Cash flows used in investing activities:<br />

(Increase)/decrease in cash equivalents (2,298,905) 6,320,471<br />

Purchases <strong>of</strong> securities investments (9,715,316) (15,930,344)<br />

Sales <strong>of</strong> securities investments 11,377,958 9,348,907<br />

Increase in fixed assets (328,775) (3,545,306)<br />

Purchases <strong>of</strong> real estate investments (787,395) (1,526,046)<br />

Sales <strong>of</strong> real estate investments - -<br />

Net cash flows used in investing activities (1,752,433) (5,332,318)<br />

Cash flows from financing activities:<br />

Proceeds from contributions restricted for<br />

investments in endowments 851,577 1,787,573<br />

Other financing activities:<br />

Contributions restricted for programs 1,429,499 1,213,706<br />

Investment income restricted for endowments (58,132) 35,143<br />

Investments for programs (884,190) 933,315<br />

Net cash flows from financing activities 1,338,754 3,969,737<br />

Net increase/(decrease) in cash (91,865) (707,720)<br />

Cash at beginning <strong>of</strong> year 998,960 1,706,680<br />

Cash at end <strong>of</strong> year $ 907,095 $ 998,960<br />

The Notes to the financial statements are an integral part <strong>of</strong> these statements.<br />

19


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Notes to the Financial Statements<br />

July 31, 2010<br />

Note 1 – Organization<br />

The <strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc. (AMAA) was founded in Worcester, Mass. in 1918 and incorporated on October<br />

21, 1920, as a non-pr<strong>of</strong>it organization in the state <strong>of</strong> New York. On November 11, 1972, it relocated and continued its operations in New<br />

Jersey. The AMAA also maintains a regional <strong>of</strong>fice in Armenia.<br />

The primary objective <strong>of</strong> the AMAA is to serve as the missionary arm <strong>of</strong> the <strong>Armenian</strong> Evangelical Churches and the <strong>Armenian</strong> evangelical<br />

people in the United States and abroad. The AMAA supports programs in 24 countries, primarily in Armenia and the Middle East.<br />

In addition to general-purpose grants and contributions, the AMAA accepts endowment and trust funds with designated purposes and<br />

administers them.<br />

Note 2 – Summary <strong>of</strong> Significant Accounting Policies<br />

Basis <strong>of</strong> Presentation<br />

The accompanying financial statements <strong>of</strong> the AMAA have been prepared in conformity with accounting principles generally accepted in the<br />

United States <strong>of</strong> <strong>America</strong>. They include the consolidated assets, liabilities, net assets, and financial activities <strong>of</strong> the AMAA. All inter-fund<br />

transactions for the fiscal years and resulting balances as <strong>of</strong> July 31, 2010 and <strong>2009</strong> have been eliminated as part <strong>of</strong> the consolidation.<br />

The significant accounting policies followed are described below to enhance the usefulness <strong>of</strong> the financial statements to the reader.<br />

Contributions<br />

Unrestricted net assets represent the part <strong>of</strong> the net assets <strong>of</strong> the AMAA that is neither permanently restricted nor temporarily restricted by<br />

donor-imposed stipulations. All such contributions are considered to be available as unrestricted support. If a restriction is fulfilled in the<br />

same fiscal year in which the contribution is received, the contribution is reported as unrestricted. The Board designates large contributions<br />

received without donor restrictions for specific purposes in accordance with AMAA by-laws.<br />

Temporarily restricted net assets represent the part <strong>of</strong> net assets resulting from contributions and other inflows <strong>of</strong> assets whose use by<br />

the AMAA is limited by donor-imposed stipulations that either expire by passage <strong>of</strong> time or can be fulfilled and removed by actions <strong>of</strong> the<br />

AMAA pursuant to those stipulations. When a stipulated time restriction ends, or purpose restriction is accomplished, temporarily restricted<br />

net assets are classified and reported in the statement <strong>of</strong> activities as net assets released from restriction.<br />

Permanently restricted net assets represent the part <strong>of</strong> net assets resulting from contributions and other inflows <strong>of</strong> assets whose use by<br />

the AMAA is limited by donor-imposed stipulations that neither expire by passage <strong>of</strong> time nor can be fulfilled or otherwise removed by actions<br />

<strong>of</strong> the AMAA. These gift instruments require the principal be invested in perpetuity and the income be used in part, or all, for specific<br />

purposes contained in the gift instrument.<br />

Pledges Receivable<br />

The AMAA accounts for pledges receivable in accordance with the recommendations <strong>of</strong> the Financial Accounting Standards Board Accounting<br />

Standards Codification Topic 958, “Not-For-Pr<strong>of</strong>it Entities.” Accordingly, pledged contributions over $25,000 are recognized when the<br />

donor makes an unconditional promise to give to the AMAA. Pledges receivable over one year are discounted to present value. Contributions<br />

that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions are anticipated to expire in the<br />

fiscal year in which the contributions are recognized. All other donor-restricted contributions are reported as increases in temporarily or<br />

permanently restricted net assets, depending on the nature <strong>of</strong> the restrictions. When a restriction expires, temporarily restricted net assets<br />

are reclassified to unrestricted net assets and reported in the statement <strong>of</strong> activities as net assets released from restrictions.<br />

The AMAA uses the allowance method to determine uncollectible pledges receivable. The allowance is based on prior years experience<br />

and management’s analysis <strong>of</strong> specific promises made.<br />

Other Receivables<br />

Interest receivable consists primarily <strong>of</strong> accrued interest receivable on loans and securities.<br />

Loans receivable consists primarily <strong>of</strong> various loans provided to enable <strong>Armenian</strong> Evangelical churches and schools to make expenditures<br />

related to their non-pr<strong>of</strong>it purposes. Loans are generally made at favorable interest rates.<br />

Allowances for doubtful accounts consist <strong>of</strong> allowances established for receivables deemed uncollectible.<br />

20


Investments<br />

The AMAA adopted Financial Accounting Standards Board Accounting Standards Codification Subtopic 958-320, “Not-For-Pr<strong>of</strong>it Entities<br />

– Investments – Debt and Equity Securities” beginning with fiscal years ended July 31, 1997. Investments <strong>of</strong> the AMAA, including certain<br />

real estate properties, are reported in the financial statements at fair market value.<br />

Cash equivalents consist <strong>of</strong> money market funds.<br />

Corporate stocks are invested in marketable securities <strong>of</strong> trust or higher quality. In calculating realized gains/losses for specific stocks,<br />

the fair market value as <strong>of</strong> the prior year-end is used as the cost basis.<br />

Bonds & notes consist <strong>of</strong> obligations <strong>of</strong> federal agencies and corporations with maturity dates ranging from zero to 23 years. Bond mutual<br />

funds are liquid and marketable and therefore are assigned a zero maturity date in the aggregate.<br />

Gains or losses arising from the sale or disposition <strong>of</strong> investments and other non-cash assets are accounted for primarily as an increase or<br />

decrease in restricted net assets. For selected accounts, however, 25% <strong>of</strong> the gains are allocated as unrestricted and 75% are considered<br />

restricted, or are capitalized to the account.<br />

None <strong>of</strong> the AMAA’s endowment or trust funds requires that a specific level <strong>of</strong> assets, measured at fair market value, be maintained.<br />

Fair value <strong>of</strong> financial instruments<br />

The carrying amounts <strong>of</strong> financial instruments, including cash, cash equivalents, pledges receivable, other receivables, accounts payable<br />

and accrued expenses, and custodial accounts approximates fair value due to the short maturity <strong>of</strong> these instruments.<br />

Endowment Funds<br />

The AMAA’s endowment consists <strong>of</strong> approximately 2,200 individual donor-restricted funds established for a variety <strong>of</strong> purposes. As required<br />

by accounting principles generally accepted in the United States <strong>of</strong> <strong>America</strong>, net assets associated with endowment funds, are classified<br />

and reported based on the existence or absence <strong>of</strong> donor-imposed restrictions.<br />

The AMAA has interpreted the State Prudent Management <strong>of</strong> Institutional Funds Act (SPMIFA) as requiring the preservation <strong>of</strong> the fair<br />

value <strong>of</strong> the original gift as <strong>of</strong> the gift date <strong>of</strong> the donor-restricted endowment funds and additional contributions to those funds, absent<br />

explicit donor stipulations to the contrary. As permitted by donor-imposition, the remaining portion <strong>of</strong> the donor-restricted endowment<br />

fund that is not classified in permanently restricted net assets is classified as unrestricted net assets, if expended within the next year,<br />

or temporarily restricted net assets until those amounts are appropriated for expenditure by the AMAA in a manner consistent with the<br />

standard <strong>of</strong> prudence prescribed by SPMIFA.<br />

The AMAA has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream <strong>of</strong> funding<br />

to programs supported by its endowment while seeking to maintain the original corpus <strong>of</strong> the endowment assets. Endowment assets<br />

include those assets <strong>of</strong> donor-restricted funds that the organization must hold in perpetuity or for a donor-specified period. Under this<br />

policy, as approved by the Board <strong>of</strong> Directors, the endowment assets are invested in a manner that is intended to produce results that<br />

meet or exceed the yield results <strong>of</strong> accepted market indices while assuming a moderate level <strong>of</strong> investment risk. Actual returns in any<br />

given year will vary. To satisfy its long-term rate-<strong>of</strong>-return objectives, the AMAA relies on a total return strategy in which investment returns<br />

are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The AMAA targets a<br />

diversified asset allocation to achieve its long-term return objectives within prudent risk constraints.<br />

The AMAA has a policy <strong>of</strong> appropriating for distribution each year the total income earned on the funds in the previous fiscal year permitted to<br />

be expended in accordance with donor-imposed stipulations. The AMAA’s objective is to maintain the purchasing power <strong>of</strong> the endowment<br />

assets held in perpetuity or for a specified term as well as to provide additional real growth through new gifts and investment return.<br />

Real Estate Investments<br />

Real estate investments have been acquired through donations or by the expenditure <strong>of</strong> unrestricted or permanently restricted assets.<br />

These investments are primarily in mission and service facilities in various parts <strong>of</strong> the world and are maintained for the furtherance <strong>of</strong> the<br />

wider mission <strong>of</strong> the AMAA. These investments also include income-producing commercial properties in California, which were received<br />

as donations.<br />

Fixed Assets and Depreciation<br />

Fixed assets (land, buildings and equipment) are valued at cost less accumulated depreciation. Depreciation is calculated using the<br />

straight-line method with estimated useful lives <strong>of</strong> the respective assets varying from three to thirty years. Purchases <strong>of</strong> fixed assets costing<br />

over $25,000 with a useful life greater than one year are capitalized in the financial statements.<br />

21


Historical Collections and Other Non-Cash Contributions<br />

Non-Cash (In-Kind) contributions, other than real estate, including certain historical books, art objects and other artifacts received<br />

by the AMAA are not capitalized in the financial statements. The amounts are not material to the financial statements taken as a<br />

whole.<br />

Estimates<br />

The preparation <strong>of</strong> financial statements in conformity with accounting principles generally accepted in the United States <strong>of</strong> <strong>America</strong> requires<br />

management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could<br />

differ from those estimates.<br />

Income Tax Status<br />

The AMAA is exempt from federal income taxes under Section 501(c)(3) <strong>of</strong> the Internal Revenue Code and is not classified as a private<br />

foundation.<br />

The AMAA adopted the “Accounting for Uncertainty in Income Taxes” Topic <strong>of</strong> the Financial Accounting Standards Board Accounting<br />

Standards Codification (formerly FIN 48). Tax positions are evaluated to determine whether, upon examination by taxing authorities, such<br />

positions would result in an assessment <strong>of</strong> a tax liability. For tax positions that, in management’s opinion, would result in an assessment,<br />

a tax liability along with any associated interest and penalties would be recognized in the accompanying statement <strong>of</strong> financial position.<br />

The AMAA recognizes interest and penalties associated with unrecognized tax liabilities as operating expenses. The implementation <strong>of</strong><br />

this standard has no material impact to the financial statements.<br />

Reclassifications<br />

Certain reclassifications have been made to the prior year amounts to conform to the current year presentation.<br />

Concentration <strong>of</strong> Credit Risk<br />

The AMAA maintains cash balances at several financial institutions. From time to time, the AMAA’s balances exceed the federally insured<br />

limits. Deposits with broker-dealers are insured up to $500,000 by the Securities Investor Protections Corporation. The AMAA maintains<br />

balances with brokers which are in excess <strong>of</strong> these limits.<br />

Subsequent Events<br />

AMAA evaluated subsequent events through September 17, 2010, the date the financial statements were available to be issued.<br />

Note 3 – Pledges Receivable<br />

The aggregate maturities <strong>of</strong> the pledges receivable are as follows:<br />

31-Jul-10 31-Jul-09<br />

Less than one year $ 550,000 $ - -<br />

One to five years 2,764,464 4,069,361<br />

Total 3,314,464 4,069,361<br />

Less:<br />

Discounts for time-value <strong>of</strong> money (181,174) (330,898)<br />

Allowance for doubtful pledges (628,998) (628,998)<br />

Net Pledges Receivable $2,504,292 $3,109,465<br />

Note 4 – Investments<br />

The AMAA’s portfolio consists <strong>of</strong> various types <strong>of</strong> investments. The primary investment category is corporate stocks representing 61%<br />

<strong>of</strong> the portfolio. These investments are primarily considered available for sale. The AMAA believes that this concentration risk is limited<br />

since investments are intended to be held long-term.<br />

Market Concentrations – Corporate Stocks - 2010<br />

The AMAA’s corporate stock portfolio is invested in various asset classes and industries. The more significant at July 31, 2010 include:<br />

Fixed Income (21.2%); Cash & Equivalents (16.8%); Energy (9.5%); Financials, including real estate investment trusts (9.0% <strong>of</strong> total market<br />

value); Industrials (8.7%); Healthcare (8.3%) and Information Technology (6.1%). Other key industries represented include: Utilities,<br />

consumer staples, materials, and telecommunications.<br />

The largest individual stock investment at July 31, 2010 is First Real Estate Investment (3.0%) followed by Chevron (2.5%) and Johnson<br />

& Johnson (2.0%).<br />

22


Market Concentrations – Corporate Stocks - <strong>2009</strong><br />

The AMAA’s corporate stock portfolio is invested in various asset classes and industries. The more significant at July 31, <strong>2009</strong> include:<br />

Fixed Income (21.1%); Cash & Equivalents (15.0%); Energy (10.7%); Health Care (9.8%); Financials, including real estate investment<br />

trusts (9.2% <strong>of</strong> total market value); Industrials (7.9%); Other (6.9%) and Information Technology (6.2%). Other key industries represented<br />

include: Utilities, consumer staples, materials, and telecommunications.<br />

The largest individual stock investment at July 31, <strong>2009</strong> is First Real Estate Investment (3.0%) followed by Johnson & Johnson (2.8%)<br />

and Chevron (2.5%).<br />

Maturities – Bonds and Notes<br />

The aggregate maturities <strong>of</strong> the federal agencies and corporate bonds are as follows:<br />

Market Value<br />

31-Jul-10 31-Jul-09<br />

Less than one year $ 95,995 $ 383,479<br />

One to two years 721,097 - -<br />

Over two to three years 547,454 727,062<br />

Over three to four years 624,059 1,255,822<br />

Over four to five years 277,833 - -<br />

Over five to ten years 1,262,544 1,642,110<br />

Over ten years 2,007,879 1,877,076<br />

Total $5,536,861 $5,885,549<br />

Return on Investments<br />

Investment and other income for fiscal year 2010 as compared to <strong>2009</strong> are as follows:<br />

31-Jul-10<br />

31-Jul-09<br />

Dividends & Interest $3,066,183 $3,035,323<br />

Rental 637,174 619,258<br />

Miscellaneous 36,937 38,064<br />

Total $3,740,294 $3,692,645<br />

Net realized gains amounted to $710,384 reflecting selling prices in excess <strong>of</strong> their fair market value as <strong>of</strong> the prior year-end. Net unrealized<br />

gains, the change in the fair market value at July 31, 2010 compared to the fair market value for securities investments at July 31,<br />

<strong>2009</strong>, were $5,410,971. The increase in fair market value <strong>of</strong> real estate investments at July 31, 2010 was $160,000. The total increase<br />

in fair market value from July 31, <strong>2009</strong> to July 31, 2010 was $5,570,971.<br />

The average annual yield <strong>of</strong> corporate stocks, bonds and notes for the fiscal year 2010, exclusive <strong>of</strong> realized gains/losses, was 4.5%, as<br />

compared with 5.0% in fiscal year <strong>2009</strong>.<br />

Real Estate Investments<br />

A summary <strong>of</strong> real estate investments by location is as follows:<br />

31-Jul-10 31-Jul-09<br />

Belgium $ 326,046 $ 326,046<br />

Lebanon 3,975,978 3,188,582<br />

South <strong>America</strong> 266,343 266,343<br />

United States: Non-Commercial 9,014,390 9,654,390<br />

Commercial 9,650,000 9,450,000<br />

Total $23,232,757 $22,885,361<br />

Due to the prohibitive cost <strong>of</strong> obtaining hazard insurance on AMAA properties in certain foreign countries, AMAA has adopted a policy <strong>of</strong><br />

self-insurance. While self-insurance involves modest risk, Management feels it is a cost-effective alternative and due to the geographic<br />

diversity <strong>of</strong> the properties, it does not believe any single catastrophic event will have a material impact on the financial position <strong>of</strong> the<br />

AMAA.<br />

Risks and Uncertainties<br />

The AMAA holds investments which are exposed to various risks such as interest rate, market, and credit risks. Due to the level <strong>of</strong> risk<br />

associated with certain investments, it is at least reasonably possible that changes in the value <strong>of</strong> investments will occur in the near term<br />

and that such changes could materially affect the fair market value <strong>of</strong> investments reported in the statement <strong>of</strong> financial position.<br />

23


Note 5 – Fair Value Disclosures<br />

Fair Value Measurements<br />

As defined in the “Fair Value Measurements” standard, fair value is the price that would be received to sell an asset or paid to transfer a<br />

liability in an orderly transaction between market participants at the measurement date. In determining fair value, the AMAA uses various<br />

methods including market, income and cost approaches. Based on these approaches, the AMAA <strong>of</strong>ten utilizes certain assumptions that<br />

market participants would use in pricing the asset or liability, including assumptions about risk and or the risks inherent in the inputs to the<br />

valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable inputs. The AMAA utilizes<br />

valuation techniques that maximize the use <strong>of</strong> observable inputs and minimize the use <strong>of</strong> unobservable inputs. Based on the observability<br />

<strong>of</strong> the inputs used in the valuation techniques, the AMAA is required to provide the following information according to the fair value<br />

hierarchy. The fair value hierarchy ranks the quality and reliability <strong>of</strong> the information used to determine fair values. Financial assets and<br />

liabilities carried at fair value will be classified and disclosed in one <strong>of</strong> the following three categories:<br />

• Level 1 — Valuations based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the<br />

ability to access at the measurement date. An active market for the asset or liability is a market in which transactions for the<br />

asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.<br />

• Level 2 — Valuations based on inputs other that level 1 that are observable for the asset or liability, either directly or indirectly.<br />

Level 2 inputs include quoted prices for similar assets or liabilities in active markets or quoted prices for identical or similar assets<br />

and liabilities in markets that are not active. If assets or liabilities have a specified contractual term, the inputs must be observable<br />

for substantially the full term <strong>of</strong> the asset or liability.<br />

• Level 3 — Valuations for assets and liabilities derived from unobservable inputs. Unobservable inputs are used to the extent<br />

that observable inputs for level 2 are not available. Unobservable inputs reflect the reporting entities own assumptions about the<br />

assumptions that market participants would use in pricing such assets or liabilities.<br />

For the fiscal year ended July 31, 2010 and <strong>2009</strong>, the application <strong>of</strong> valuation techniques applied to similar assets and liabilities has been<br />

consistent. The following is a description <strong>of</strong> the valuation methodologies used for instruments measured at fair value:<br />

Corporate Stocks<br />

The fair value <strong>of</strong> corporate stocks is the market value based on quoted market prices, when available, or market prices provided by<br />

recognized broker dealers. If listed prices or quotes are not available, fair value is based upon externally developed models that use<br />

unobservable inputs due to the limited market activity <strong>of</strong> the instrument.<br />

Bonds, Notes, and Structured Settlements<br />

Bonds and notes consist <strong>of</strong> corporate and government bonds where fair value is the market value based on quoted market prices, when<br />

available, or market prices provided by recognized broker dealers. If listed prices or quotes are not available, fair value is based upon<br />

externally developed models that use unobservable inputs due to the limited market activity <strong>of</strong> the instrument.<br />

Structured Settlement Contracts do not trade in an active, open market with readily observable prices. While sales <strong>of</strong> structured settlements<br />

do occur, the precise terms and conditions typically are not readily available. Accordingly, the AMAA estimates the fair value <strong>of</strong><br />

these contracts using discounted cash flow (“DCF”) models incorporating numerous assumptions from the perspective <strong>of</strong> market participant<br />

including servicing income, servicing costs, market discount rates, prepayment speeds, and default rates. Due to the nature <strong>of</strong> the<br />

valuation inputs, these contracts are classified within Level 2 <strong>of</strong> the valuation hierarchy.<br />

Real Estate<br />

Real estate investments are carried at fair value and are generally classified within Level 2 <strong>of</strong> the valuation hierarchy. Values are based on<br />

certified appraisal reports and available comparable sales market data. However, certain real estate holdings, including various holdings<br />

in Lebanon, are classified within Level 3 because valuation is not practical due to geographic volatility. These investments are carried at<br />

acquisition value since this approximates fair value, based on recent sales.<br />

Loans Receivable<br />

Loans receivable are not traded in an active, open market and are instead measured at fair value on a nonrecurring basis; that is, the<br />

loans receivable are not measured at fair value on an ongoing basis but are tested for impairment annually. Loan performance and credit<br />

risk are considered when evaluating loans for improvement.<br />

Fair Value on a Recurring Basis<br />

The table below presents the balances <strong>of</strong> assets and liabilities measured at fair value on a recurring basis at July 31, 2010:<br />

Total Level 1 Level 2 Level 3<br />

Corporate Stocks $ 59,194,023 $ 59,194,023 $ - - $ - -<br />

Bonds and Notes 4,331,501 4,331,501 - - - -<br />

Mutual Funds 6,173,921 - - 6,173,921 - -<br />

Structured Settlements 1,205,360 - - 1,205,360 - -<br />

Real Estate Investments 23,232,757 - - 19,256,777 3,975,980<br />

Total Investment Assets $ 94,137,562 $ 63,525,524 $ 26,636,058 $ 3,975,980<br />

24


The table below presents the balances <strong>of</strong> assets and liabilities measured at fair value on a recurring basis at July 31, <strong>2009</strong>:<br />

Total Level 1 Level 2 Level 3<br />

Corporate Stocks $ 55,318,772 $ 55,318,772 $ - - $ - -<br />

Bonds and Notes 4,559,303 4,559,303 - - - -<br />

Mutual Funds 4,304,171 - - 4,304,171 - -<br />

Structured Settlements 1,326,246 - - 1,326,246 - -<br />

Real Estate Investments 22,885,361 - - 19,696,777 3,188,584<br />

Total Investment Assets $ 88,393,853 $ 59,878,075 $ 25,327,194 $ 3,188,584<br />

The changes in Level 3 assets and liabilities measured at fair value on a recurring basis at July 31, 2010 apply to real estate investments<br />

and are summarized as follows:<br />

Balance, July 31, <strong>2009</strong> $ 3,188,584<br />

Total net gains (losses) included in<br />

net income - -<br />

Purchases, sales, issuances and<br />

settlements, net 787,396<br />

Balance, July 31, 2010 $ 3,975,980<br />

Note 6 – Loans Receivable<br />

The composition <strong>of</strong> the loans receivable is as follows:<br />

31-Jul-10 31-Jul-09<br />

Commercial real estate $3,047,066 $3,368,216<br />

Residential real estate 154,925 200,503<br />

Total 3,201,991 3,568,719<br />

Allowance for doubtful accounts (350,000) (50,000)<br />

Net Loans Receivable $2,851,991 $3,518,719<br />

Note 7 – Fixed Assets and Depreciation<br />

A summary <strong>of</strong> fixed assets as <strong>of</strong> July 31, 2010 follows:<br />

Buildings & Office<br />

Land Improvements Equipment Total<br />

AMAA Headquarters $ 127,000 $1,814,029 $ 87,000 $ 2,028,029<br />

Armenia 1,830,493 8,706,936 69,780 10,607,209<br />

Total Fixed Assets 1,957,493 10,520,965 156,780 12,635,238<br />

Less Acc. Depreciation - - 1,933,086 114,912 2,047,998<br />

Net Fixed Assets $1,957,493 $8,587,879 $ 41,868 $10,587,240<br />

For the current fiscal year, included in Armenia Buildings & Improvements above is $328,775 expended for the renovation <strong>of</strong> the new Armenia<br />

headquarters, Avedisian School and Hankavan Camp. An additional $265,000 is budgeted for next fiscal year which is estimated<br />

to complete the renovations for the new Armenia headquarters.<br />

A summary <strong>of</strong> fixed assets as <strong>of</strong> July 31, <strong>2009</strong> follows:<br />

Buildings & Office<br />

Land Improvements Equipment Total<br />

AMAA Headquarters $ 127,000 $1,814,029 $ 87,000 $ 2,028,029<br />

Armenia 1,830,493 8,378,160 69,780 10,278,433<br />

Total Fixed Assets 1,957,493 10,192,189 156,780 9,013,448<br />

Less Acc. Depreciation - - 1,729,410 100,957 1,830,367<br />

Net Fixed Assets $1,957,493 $8,462,779 $ 55,824 $10,476,095<br />

25


For the prior fiscal year, included in Armenia Buildings & Improvements above was $2,191,914 expended for the renovation <strong>of</strong> the new<br />

Armenia headquarters and $1,224,642 for the purchase <strong>of</strong> land for the Avedisian School.<br />

Due to the prohibitive cost <strong>of</strong> obtaining hazard insurance on AMAA properties in Armenia, AMAA has adopted a policy <strong>of</strong> self-insurance.<br />

While self-insurance involves modest risk, Management feels it is a cost-effective alternative and due to the geographic diversity <strong>of</strong> the<br />

properties, it does not believe any single catastrophic event will have a material impact on the financial position <strong>of</strong> the AMAA.<br />

Note 8 – Custodial Accounts<br />

Custodial accounts represent contributions and other inflows <strong>of</strong> assets held by the AMAA for safekeeping and invested for other organizations,<br />

per their requests. A summary <strong>of</strong> the custodial accounts at market value follows:<br />

31-Jul-10 31-Jul-09<br />

<strong>Armenian</strong> Evangelical Schools <strong>of</strong> California $ 463,648 $ 406,710<br />

<strong>Armenian</strong> Evangelical World Council 116,111 105,060<br />

Gertmenian School 65,611 97,767<br />

Haigazian University End <strong>of</strong> Service Indemnity 836,235 772,427<br />

Merdinian School Building Fund 93,259 236,698<br />

Total $1,574,864 $1,613,662<br />

Note 9 – Unrestricted Net Assets<br />

Unrestricted net assets are composed <strong>of</strong> the following:<br />

31-Jul-10 31-Jul-09<br />

Cash and investments available for operating expenditures $ 4,087,613 $ 3,976,484<br />

Inter-fund loans (3,739,923) (3,551,923)<br />

Fixed assets 10,587,240 10,476,095<br />

Total Unrestricted Net Assets $10,934,930 $10,900,656<br />

Note 10 – Temporarily Restricted Net Assets<br />

Temporarily restricted net assets are restricted to:<br />

31-Jul-10 31-Jul-09<br />

Satisfaction <strong>of</strong> program objectives, such as Child Education,<br />

Relief, Milk Fund, Evangelism, etc. $7,623,566 $6,915,803<br />

Pledges receivable 910,797 1,715,313<br />

Expiration <strong>of</strong> time restrictions 1,007,285 1,006,311<br />

Total Temporarily Restricted Net Assets $9,541,648 $9,637,427<br />

Note 11 – Permanently Restricted Net Assets<br />

Permanently restricted net assets are restricted to:<br />

31-Jul-10 31-Jul-09<br />

Endowments<br />

- Income from which is expendable to support the general<br />

mission and service ministry <strong>of</strong> the AMAA $ 63,736,213 $ 60,959,473<br />

- Inter-fund loans 3,739,923 3,551,923<br />

- Partial income to be added to original gift 4,997,458 4,348,940<br />

Trust assets 29,669,763 26,397,414<br />

Total Permanently Restricted Net Assets $102,143,357 $95,257,750<br />

Note 12 – Split-Interest Agreements<br />

Certain split-interest agreements exist represented by endowment or trust funds whose income is distributed between the AMAA and others.<br />

The amounts are not material to the financial statements taken as a whole.<br />

Note 13 – Pension Plan<br />

During fiscal year 2003, the AMAA formed an employee pension plan under Internal Revenue Code Section 401(k). Under this plan, after<br />

the first year <strong>of</strong> employment, any employee may elect to defer a portion <strong>of</strong> his/her wages and receive partial matching by the AMAA. The<br />

portion the AMAA matches depends on the percentage <strong>of</strong> wages the employee elects to defer. The maximum amount the AMAA matches<br />

is 1.67% <strong>of</strong> base earnings.<br />

26


<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

ANNUAL BUDGET -- SUMMARY<br />

2010 - 2011<br />

Budget Actual Budget Variance<br />

<strong>2009</strong>-2010 7/31/10 2010-2011 Budget/Actual<br />

Income:<br />

Endowment Funds 3,331,326 3,740,293 3,776,698 36,405<br />

Contributions 2,522,501 3,376,327 2,717,999 (658,328)<br />

Total Income 5,853,827 7,116,620 6,494,697 6,497,697<br />

Expenses:<br />

Education 1,139,092 1,362,429 1,109,382 (253,047)<br />

Armenia Relief 2,145,000 2,237,835 2,220,000 (17,835)<br />

Other Relief 472,800 484,480 485,470 990<br />

Evangelism 558,450 627,723 630,000 2,277<br />

Churches & Missions 267,600 271,294 321,700 50,406<br />

Leadership Develop. & Theol. Training 181,523 146,366 160,595 14,229<br />

Publications/Book Service 52,000 52,248 72,000 19,752<br />

Administration/Support Services 1,305,000 1,137,900 1,236,750 98,850<br />

Contingency Funds 2,500 2,250 5,000 2,750<br />

Designated Gifts (Transmittals) 30,000 94,004 75,000 (19,004)<br />

Living Trusts 1,000 1,000 1,000 0<br />

Specified Uses (Specific Mission Proj.) 192,069 190,290 200,871 10,581<br />

Depreciation 438,500 217,632 448,000 230,368<br />

Total Expenses 6,785,534 6,825,451 6,965,768 140,317<br />

Net Surplus/(Deficit) (931,707) 291,169 (471,071) (762,240)<br />

27


Endowment Funds and Other Financial Information<br />

<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> <strong>America</strong>, Inc.<br />

Summary <strong>of</strong> Investments in Endowment and Trust Funds<br />

As <strong>of</strong> July 31, 2010<br />

Total<br />

Assets<br />

Endowment Funds<br />

General Endowment Funds................ $ 36,952,313<br />

Armenia Endowment Funds............................. 1,857,721<br />

Aijian, Kaloost, Siroon & Ruth.......................... 3,877,126<br />

Anonymous #1 - MJ ............................................. 43,403<br />

Anonymous #2 - PK ........................................... 670,376<br />

Anonymous #3 - AOK ..................................... 1,138,092<br />

Anonymous #5 - AVED ....................................... 202,438<br />

Anonymous #7 - GSN .......................................... 63,878<br />

<strong>Armenian</strong> Evangelical Church, New York........... 109,000<br />

Athanas Literary, Hour.......................................... 85,292<br />

Avedian, Arnie & Nectar........................................ 52,678<br />

Aynilian Family, Nerses....................................... 382,319<br />

Babikian, Richard Zaven..................................... 218,683<br />

Bogosian Memorial, Sarkis................................. 285,953<br />

Boyadjian, Haroutune & Mary............................. 201,091<br />

Chopourian, Giragos & Yeprouhi........................ 228,703<br />

Churukian, Vahe & Emilia..................................... 57,432<br />

Dadian, Arthur.................................................. 1,272,684<br />

Danielian, Krikor, Vartan & Nevart....................... 343,480<br />

Darpinian/Timourian, Haig R. & Berjouhi............ 336,144<br />

Demirjian Mem’l Evang’l Fund, Rev. Krikor......... 264,055<br />

Donchian, Richard.............................................. 128,441<br />

Ejdaharian Bilezikian, Armine............................. 152,234<br />

Gertmenian, Henry & Eunice.............................. 167,644<br />

Gulesserian, Puzant & Angele............................ 443,673<br />

Hachian, Nushan & Gladys.............................. 1,359,394<br />

Hadidian, Puzant & Beatrice............................... 125,839<br />

Haigazian University Endowment Funds......... 8,790,310<br />

Halvajian, Alice & Kathryn................................ 1,283,331<br />

Hatch, Martin......................................................... 55,781<br />

Janbazian, Rev. Movses & Louisa...................... 183,674<br />

Janjigian, Edward & Lucy.................................... 249,421<br />

Kaljian, Leo......................................................... 281,025<br />

Kazanjian, John.................................................. 128,427<br />

Keuhnelian, John & Gladys....................................91,011<br />

Levonian, Pr<strong>of</strong>. Lootfi.......................................... 416,101<br />

Total<br />

Assets<br />

Mardigian, Edward & Helen................. $ 129,014<br />

Merdinian School, Elise....................................5,644,201<br />

Mooshovian, Aram Zipper....................................382,501<br />

Mooshocian Relief, Aram Zipper............................61,046<br />

Mouradian, Albert, Henry & James......................150,392<br />

Mouradian, Avedis & Victoria...............................101,138<br />

Nazarian, Nazareth, Artin & Yester......................120,320<br />

Philibosian Conte, Sirpuhe & John......................142,533<br />

Philibosian, George & Alice..................................331,032<br />

Phillipian, Lucy Kezlarian.....................................229,042<br />

Piranian, Simon & Louisa.....................................245,615<br />

Rejebian, Dr. H. & M..............................................67,926<br />

Senekjian, Arshag & Merum................................210,689<br />

Sermabeikian, Krikor & Anna.................................99,491<br />

Shekerjian, Harbig............................................3,742,812<br />

Simsiryan, Anahit.................................................547,931<br />

Sipan <strong>Armenian</strong> School .......................................127,695<br />

Tashian, Edward & Hovnan..................................884,390<br />

Telfeyan Evangelical ...........................................119,043<br />

Tezel, Jirair & Louise..............................................64,766<br />

Topazian, Shavarsh...............................................55,230<br />

Tower Lakes, Nazareth Barsumian...................1,873,282<br />

UAECNE Min. & Min. Widows Pension ..............679,688<br />

US Ministers Relief .............................................182,472<br />

Vartanian, Vahan & Lillie........................................80,500<br />

Vartanian, Yervant................................................622,461<br />

Trust Funds<br />

Badeer, A. & V...................................................1,404,579<br />

Chebishian Trust ..............................................1,007,275<br />

Hekemian Family Trust ....................................3,910,165<br />

Levonian Educational, Y. H. & R.......................1,594,892<br />

Philibosian, Stephen.........................................8,584,500<br />

Sheen Family .................................................11,551,638<br />

TOTAL........................................................................................................ $107,447,430<br />

28


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

AARONIAN MEMORIAL FUND, Ms. Evelyn..................................... 12,474<br />

AARONIAN MEMORIAL FUND, Nevart & Charles............................. 1,368<br />

ABADJIAN ENDOWMENT FUND, Dikran........................................ 29,901<br />

ABADJIAN ENDOWMENT FUND, John & Sona.............................. 48,465<br />

ABADJIAN FUND MEMORY OF MOTHER VERA, Andre................ 31,220<br />

ABAJIAN ENDOWMENT FUND, Mr. & Mrs. G. J..............................82,811<br />

ABAJIAN ENDOWMENT FUND, Henry K. & Gladys........................ 29,877<br />

ABAJIAN ENDOWMENT FUND, Sumpat S....................................... 3,881<br />

ABASHIAN ENDOWMENT FUND, Nishan & Esgoohi..................... 16,281<br />

ABDULIAN ENDOWMENT FUND, Dr. Daniel & Juliette..................... 3,323<br />

ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Jack.......................... 22,657<br />

ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Misak........................ 10,795<br />

ABDULIAN MEMORIAL FUND, Mrs. Anush..................................... 92,741<br />

ABDULIAN MEMORIAL FUND, Mr. Vahe....................................... 102,572<br />

ABRAHAMIAN ENDOWMENT FUND, Abraham................................... 848<br />

ABRAHAMIAN ENDOWMENT FUND, Mr. & Mrs. Albert....................... 609<br />

ABRAHAMIAN MEMORIAL FUND, John & Mary............................. 13,947<br />

ACHJIAN, JR. ENDOWMENT FUND, Levon...................................... 1,530<br />

ADAMIAN ENDOWMENT FUND, Dr. Gregory H................................ 1,314<br />

ADANALIAN ENDOWMENT FUND, Rev. G. B.................................. 3,651<br />

ADOURIAN MEM’L FUND, Setrak Nicholas & Zenoohi.......................225,347<br />

ADROUNY ENDOWMENT FUND, Jane Ann................................... 21,569<br />

ADROUNY MEMORIAL FUND, Alice & George............................... 24,031<br />

AGBABIAN MEMORIAL FUND, Rev. Siragan & Parouhie............... 90,039<br />

AGBABIAN MEMORIAL FUND, Zaven............................................. 50,234<br />

AGBASHIAN ENDOWMENT FUND, Mr. & Mrs. Aggie G................... 2,629<br />

AGBASHIAN ENDOWMENT FUND, John & Florence....................... 2,629<br />

AGHAJANIAN ENDOWMENT FUND, Ghevont.................................. 2,223<br />

AGHASSIAN SCHOLARSHIP FUND, Lillian & Jonathan................. 98,942<br />

AGHAZARIAN ENDOWMENT FUND, Mr. & Mrs. Arsen.................... 6,706<br />

AGNERIAN ENDOWMENT FUND, Abraham & Victoria..................... 3,296<br />

AGNERIAN ENDOWMENT FUND, Vartan............................................ 484<br />

AGNERIAN MEMORIAL FUND, Rev. Hovhannes H........................ 30,605<br />

AHARONIAN ENDOWMENT FUND, Hrair & Julie........................... 25,398<br />

AHLIJANIAN ENDOWMENT FUND, Mr. & Mrs. John M....................... 271<br />

AIJIAN ENDOWMENT FUND, Rev. M. M........................................... 1,692<br />

AINTAB COMPATRIOTIC UNION ENDOWMENT............................ 60,122<br />

AINTABLIAN ENDOWMENT FUND, Clara A...................................... 1,046<br />

AINTABLIAN TRAVER ENDOWMENT FUND, Ann.......................... 20,306<br />

AIVAZIAN ENDOWMENT FUND, Dr. Haig............................................ 510<br />

AIVAZIAN MEMORIAL FUND, Dorothy L.............................................. 740<br />

AJAMIAN ENDOWMENT FUND, Mr. & Mrs. Charles T...................... 2,580<br />

AJDERIAN MEMORIAL FUND, Aram.................................................... 247<br />

AJEMIAN ENDOWMENT FUND, Dr. & Mrs. George........................ 42,861<br />

AJEMIAN ENDOWMENT FUND, John & Chouchan.......................... 2,849<br />

AJEMIAN ENDOWMENT FUND, Mr. & Mrs. Peter............................. 2,975<br />

AJEMIAN ENDOWMENT FUND, Mrs. Zartoohy................................... 541<br />

AKILLIAN MEMORIAL FUND, Anna...................................................... 860<br />

AKKASHIAN ENDOWMENT FUND, Siranoush................................11,535<br />

AKKULIAN ENDOWMENT FUND, Mr. & Mrs. Daniel......................... 6,670<br />

AKULLIAN ENDOWMENT FUND, Shake........................................... 3,651<br />

AKULLIAN MEMORIAL FUND, Mr. & Mrs. Jack..............................115,993<br />

AKULLIAN MEMORIAL FUND, Vahan............................................... 2,219<br />

ALAJAJIAN ENDOWMENT FUND, Dorothy....................................... 3,456<br />

ALBARIAN ENDOWMENT FUND, Dr. Edward L................................ 1,276<br />

ALBARIAN ENDOWMENT FUND, George & Louise....................... 32,970<br />

ALBARIAN MEMORIAL FUND, Rev. Sarkis & Knarig...................... 16,592<br />

ALBERIAN ENDOWMENT FUND, Mr. & Mrs. Edwin....................... 21,800<br />

ALEPPO COLLEGE ENDOWMENT FUND, Girls Division................. 4,907<br />

ALEXANDER ENDOWMENT FUND, Harry...................................... 87,736<br />

ALEXANIAN ENDOWMENT FUND, Mr. & Mrs. Daniel.................... 40,632<br />

ALEXANIAN MEMORIAL FUND, Ludwig & Alice............................... 4,058<br />

ALTOONJIAN END. FUND, Marjorie, Flora & Mable................... 1,455,187<br />

ALTOUNIAN MEMORIAL FUND, Arshag............................................ 8,038<br />

AMAA 75TH ANNIVERSARY FUND................................................... 2,671<br />

AMERKHANIAN MEMORIAL FUND, Arshak.......................................1,811<br />

AMIRKHANIAN ENDOWMENT FUND, Rev. Vartan......................... 13,521<br />

ANDONIAN THEOL’L EDUC. FUND, Haigazoun & Angel.................. 9,238<br />

ANDRANIGIAN MEMORIAL FUND, Amar M.................................. 509,024<br />

ANDREASSIAN ENDOWMENT FUND, Isgouhie........................... 990,998<br />

ANDREASSIAN/DARAKJIAN ENDOWMENT FUND....................... 15,256<br />

ANDREISE MEMORIAL FUND, Thelma Grace Avedikian.................. 1,046<br />

ANDROYAN ENDOWMENT FUND, Nishan..................................... 18,134<br />

ANONYMOUS AK ENDOWMENT FUND....................................... 279,726<br />

ANONYMOUS EAK ENDOWMENT FUND........................................ 2,219<br />

ANONYMOUS EH ENDOWMENT FUND......................................... 38,898<br />

ANONYMOUS ENDOWMENT FUND............................................... 14,268<br />

ANONYMOUS GJ ENDOWMENT FUND .......................................... 4,044<br />

ANONYMOUS L. K. FUND.................................................................... 646<br />

ANONYMOUS LK ENDOWMENT FUND....................................... 104,594<br />

ANONYMOUS MJ ENDOWMENT FUND......................................... 27,002<br />

ANTRASIAN ENDOWMENT FUND, Mr. & Mrs. A................................. 665<br />

APARTIAN MEMORIAL FUND, Rev. Barkev...................................... 2,281<br />

APELIAN ENDOWMENT FUND, Bedros & Alice................................... 337<br />

APELIAN ENDOWMENT FUND, Mr. & Mrs. Robert S.......................... 677<br />

APELIAN MEMORIAL FUND, Harry & Catherine............................. 13,208<br />

APELIAN MEMORIAL FUND, Mr. Joseph........................................ 23,263<br />

APELIAN MEMORIAL FUND, Joseph Moses & Alice......................... 2,638<br />

APELIAN NURSE’S FUND, Marie...................................................... 2,297<br />

APKARIAN ENDOWMENT FUND, Dr. George & Jane......................... 320<br />

APKARIAN END. FUND, Rev. Hovhannes & Aznive........................ 90,979<br />

APOIAN MEMORIAL FUND, Elizabeth............................................... 3,800<br />

APOIAN MEMORIAL FUND, Joseph.................................................. 2,627<br />

APOVIAN ENDOWMENT FUND, Dr. & Mrs. John............................. 2,957<br />

APRAHAMIAN MEMORIAL FUND, Apraham........................................ 421<br />

APRAHAMIAN MEMORIAL FUND, Steve.......................................... 3,584<br />

ARABAJIAN MEMORIAL FUND, Hagop & Annie........................... 220,343<br />

ARABIAN ENDOWMENT FUND, Mr. & Mrs. Haig................................. 233<br />

ARABIAN ENDOWMENT FUND, Mr. & Mrs. Robert V....................... 1,314<br />

ARABIAN MEMORIAL FUND, Parouhi.................................................. 742<br />

ARAKELIAN ENDOWMENT FUND, Mr. & Mrs. Kerop.......................... 263<br />

ARANOSIAN ENDOWMENT FUND, Mary............................................ 271<br />

ARDSROONY MEMORIAL FUND, Vahe & Arpik............................... 5,109<br />

ARISSIAN ENDOWMENT FUND, Mr. & Mrs. Karekin...................... 18,017<br />

ARMAGHANIAN END.T FUND, Dicran & Arsha Louis..................... 26,546<br />

ARMAGHANIAN ENDOWMENT FUND, Rev. & Mrs. H................... 17,049<br />

ARMEN MEMORIAL FUND, Dr. Robert Nerces................................11,120<br />

ARMENIAN APOSTOLIC CHURCH, St. Gregory.................................. 332<br />

ARM. CONG’L CHURCH DETROIT, Ladies Aid Society.................... 1,314<br />

ARM. CONG’L CHURCH DETROIT, Youth Fellowship.......................... 233<br />

ARMENIAN CONG’L CH BUILDING, Chicago, IL.......................... 966,329<br />

ARMENIAN CONG’L CHURCH FUND, Haverhill............................. 10,513<br />

ARMENIAN EVANG’L COMMUNITY FUND, Cyprus........................ 23,443<br />

ARMENIAN EVANGELICAL SOCIAL SERVICE ............................ 121,880<br />

ARMENIAN MISSIONARY ASSOCIATION FUND, Iran................... 19,734<br />

ARMENIAN PRESB. COMMUNITY, Washington DC......................... 1,659<br />

ARM. PRESB. COMMUNITY, Washington DC Ladies Aid.................... 665<br />

ARMENIAN REFORMED PRESB. CHURCH, Cyprus....................... 4,124<br />

ARMENIAN STUDIES EDUCATIONAL FUND................................... 1,144<br />

ARTINIAN ENDOWMENT FUND, Mr. & Mrs. Haigazoun...................... 263<br />

ARTINIAN MEMORIAL FUND, Haroutune......................................... 4,179<br />

ARZOOYAN ENDOWMENT FUND, Archie........................................ 7,431<br />

ARZOUN ENDOWMENT FUND, Vahan & Gladys........................... 27,765<br />

ASADOORIAN ENDOWMENT FUND, Zabelle..................................... 665<br />

ASBED ENDOWMENT FUND, H. K................................................... 4,736<br />

ASDIKIAN MEMORIAL FUND, Samuel E. & Elmas D........................ 2,036<br />

ASHJIAN ENDOWMENT FUND, Rev. Hamparzoum......................... 3,319<br />

ASHJIAN ENDOWMENT FUND, Mr. & Mrs. Noubar............................. 271<br />

ASHKARIAN ENDOWMENT FUND, Beatrice.................................... 1,802<br />

ASHKARIAN MEMORIAL FUND, Ohanes.........................................12,112<br />

ASHODIAN ENDOWMENT FUND, John N........................................ 1,145<br />

ASHODIAN ENDOWMENT FUND, Vartan............................................ 537<br />

ASLAN FAMILY TRUST ENDOWMENT FUND................................ 19,386<br />

ASSADOURIAN MEM’L FUND, Garabed A. & Isabel....................... 22,643<br />

ATAMIAN ENDOWMENT FUND, Rodney & Tracy............................. 5,763<br />

ATAMIAN MEMORIAL FUND, Vartoohe................................................ 875<br />

ATESIAN ENDOWMENT FUND, Howard & Zabelle.......................... 1,362<br />

ATTARIAN ENDOWMENT FUND, Behiye.......................................... 1,599<br />

ATTARIAN ENDOWMENT FUND, Eleanor............................................ 839<br />

ATTARIAN ENDOWMENT FUND, George & Mary............................. 8,487<br />

ATTARIAN ENDOWMENT FUND, James E. & Virginia.................... 31,540<br />

ATTARIAN ENDOWMENT FUND, James M...................................... 4,159<br />

29


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

ATTARIAN ENDOWMENT FUND, Mr. & Mrs. James M..................... 3,176<br />

ATTARIAN ENDOWMENT FUND, Linda............................................... 541<br />

AVAKIAN ENDOWMENT FUND, Armand & Janet............................. 4,614<br />

AVAKIAN ENDOWMENT FUND, Rev. Avak & Veronica................... 18,303<br />

AVAKIAN ENDOWMENT FUND, Azadouhie...................................... 1,943<br />

AVAKIAN ENDOWMENT FUND, Mr. H............................................... 5,774<br />

AVAKIAN ENDOWMENT FUND, Mr. & Mrs. John................................. 332<br />

AVAKIAN ENDOWMENT FUND, Samuel & Rose.............................. 8,698<br />

AVAKIAN MEMORIAL FUND, Yervant & Acabie............................... 44,364<br />

AVANOZIAN ENDOWMNET FUND, Guluzar & Garabed...................... 584<br />

AVED MEMORIAL FUND, Joseph G. & Mary K............................... 15,099<br />

AVEDIAN ENDOWMENT FUND, Alice............................................... 5,095<br />

AVEDIKIAN ENDOWMENT FUND, George & Mary........................... 2,092<br />

AVEDIKIAN ENDOWMENT FUND, Rebecca G. & Thelma................ 3,556<br />

AVEDIKIAN ENDOWMENT FUND, Sarkis & Shake........................... 3,724<br />

AVEDIKIAN MEMORIAL FUND, Dicran & Vehide.............................. 7,599<br />

AVEDISIAN ENDOWMENT FUND, Dr. & Mrs. Socrat........................ 5,310<br />

AVEDISSIAN HOYEN MEMORIAL FUND, Stella............................... 2,326<br />

AVESIAN MEMORIAL FUND, Sidney.....................................................611<br />

AVIAN END. FUND, Bob & M/M Hampar Avedisian......................... 32,454<br />

AYLENJIAN ENDOWMENT FUND, Mr. & Mrs. Mardiros...................... 473<br />

AYNEDJIAN ENDOWMENT FUND, Hagop & Grace......................... 7,129<br />

AYNEJIAN ENDOWMENT FUND, Mr. & Mrs. John............................ 1,797<br />

AYVAZIAN MEMORIAL FUND, Shnorhig H........................................ 2,705<br />

AZADIAN ENDOWMENT FUND, Vahan & Grace............................ 97,062<br />

AZIRIAN ENDOWMNET FUND, Jirair D............................................. 2,475<br />

AZNAKIAN ENDOWMENT FUND, Arousiag & Garabed....................... 820<br />

BABAIAN ENDOWMENT FUND, Ralph........................................... 44,633<br />

BABAYAN NERSESSIAN END. FUND, Richard & Sonya.................. 1,026<br />

BABIGAN ENDOWMENT FUND, Mr. & Mrs. Raymond........................ 271<br />

BABIGIAN ENDOWMENT FUND, Mrs. Y. K....................................... 1,659<br />

BABIKIAN ENDOWMENT FUND, Dr. & Mrs. Hrair................................ 271<br />

BABOGHLIAN MEMORIAL FUND, Vartkes........................................ 1,836<br />

BABOIAN ENDOWMENT FUND, Rev. Charles.................................. 1,698<br />

BABOIAN ENDOWMENT FUND, Dr. & Mrs. Jacob............................... 332<br />

BADEER ENDOWMENT FUND, Dr. & Mrs. Henry................................ 740<br />

BADEMIAN ENDOWMENT FUND, Zaven & Cleia............................. 1,402<br />

BAGDASARIAN END. FUND, Mr. & Mrs. George.............................. 2,629<br />

BAGDASARIAN ENDOWMENT FUND, Mr. & Mrs. Harry.................. 3,394<br />

BAGDIKIAN ENDOWMENT FUND, Rev. Dr. Aram............................ 2,157<br />

BAGHDASARIAN END. FUND, Mr. & Mrs. Gerard.......................... 21,369<br />

BAGHDASSARIAN ENDOWMENT FUND, Mr. Stepan...................... 2,333<br />

BAGHDIKIAN ENDOWMENT FUND, Barkev..................................... 8,674<br />

BAILEY ENDOWMENT FUND, Yevnige................................................ 271<br />

BAIRIAN MEMORIAL FUND, Berdj........................................................118<br />

BAKALIAN ENDOWMENT FUND, Samuel & Hilda............................ 1,257<br />

BAKAMJIAN MEMORIAL FUND, Barkev......................................... 10,008<br />

BAKAMJIAN MEMORIAL FUND, Dr. Veronica............................... 458,002<br />

BAKER ENDOWMENT FUND, Mr. & Mrs. Ralph............................... 1,046<br />

BAKER ENDOWMENT FUND, Seth & Hasmig.................................. 1,743<br />

BAKERDJIAN ENDOWMENT FUND, Mr. & Mrs. Kevork...................... 271<br />

BAKERDJIAN ENDOWMENT FUND, Shoghig..................................... 315<br />

BAKERDJIAN ENDOWMENT FUND, Mr. & Mrs. Vartan.................... 2,591<br />

BAKERDJIAN ENDOWMENT FUND, Zaven......................................... 271<br />

BAKMAZIAN END. FUND, Mr. & Mrs. Param & Selma.................. 166,251<br />

BALABANIAN ARM. CHILD. CANCER FUND, Saro........................ 20,516<br />

BALABANIAN EDUC’L FUND, Sarkis (Balaban Hoja)...................... 16,665<br />

BALABANIAN MEMORIAL FUND, Elizabeth......................................... 456<br />

BALIAN ENDOWMENT FUND, Ara....................................................... 888<br />

BALIAN ENDOWMENT FUND, Dr. Sarkis & Prapion......................... 1,251<br />

BALIAN MEMORIAL FUND, Venus.................................................... 2,840<br />

BALIKIAN MEMORIAL FUND, Hrair................................................... 1,319<br />

BALIKJIAN ENDOWMENT FUND, D. & R........................................ 50,413<br />

BALIKJIAN MEMORIAL FUND, Kegham............................................ 4,318<br />

BALIOZIAN ENDOWMENT FUND, Vahe........................................... 1,561<br />

BALUKJIAN ENDOWMENT FUND, Harry.......................................... 4,571<br />

BALUKJIAN ENDOWMENT FUND, Puzant & Esther......................... 6,926<br />

BALYOSIAN ENDOWMENT FUND, Stephen & Mary........................ 4,422<br />

BANCROFT JONES MEMORIAL FUND, Anna................................ 17,086<br />

BANDEIAN MEMORIAL FUND, Dr. Alice.............................................. 979<br />

BANERIAN ENDOWMENT FUND, Mr. & Mrs. George......................... 526<br />

30<br />

BANKER ENDOWMENT FUND, Mr. & Mrs. Oscar............................ 4,139<br />

BARDIZIAN EDUCATIONAL FUND, Solomon................................... 1,685<br />

BARONIAN END. FUND, Dr. D. Richard & Annette......................... 81,702<br />

BARONIAN ENDOWMENT FUND, John K........................................... 950<br />

BARONIAN ENDOWMENT FUND, Mary A........................................ 1,429<br />

BARONIAN MEMORIAL FUND, Araxie.............................................. 1,827<br />

BARSUMIAN ENDOWMENT FUND, Aram........................................... 968<br />

BARSUMIAN ENDOWMENT FUND, George & Helen..................... 26,764<br />

BARSUMIAN ENDOWMENT FUND, Rose A..................................... 2,705<br />

BARSUMIAN MEMORIAL FUND, George & Esther......................... 46,759<br />

BARTIGIAN FAMILY FUND, Mr. & Mrs. Albert.................................... 4,477<br />

BASHIAN MEMORIAL FUND, John & Hamaspure............................ 2,399<br />

BASMADJIAN ENDOWMENT FUND, Ara & Kayane....................... 30,756<br />

BASMADJIAN ENDOWMENT FUND, Krikor......................................... 271<br />

BASMADJIAN FAMILY FUND, Krikor & Hagop.................................. 1,897<br />

BASMAJIAN MEMORIAL FUND, Charles............................................. 417<br />

BAZIKIAN MEMORIAL FUND, Rev. Mihran........................................... 649<br />

BAZIRGANIAN ENDOWMENT FUND, Dr. & Mrs. Onnik...................... 271<br />

BEAUCHAMP ENDOWMENT FUND, Mr. & Mrs. D. E....................... 2,760<br />

BECIDYAN MEMORIAL FUND, Dr. Hasmig....................................... 6,486<br />

BEDIKIAN THEOLOGICAL FUND, Rev. A. A................................... 56,527<br />

BEDIRIAN ENDOWMENT FUND, Albert............................................... 263<br />

BEDOIAN MEMORIAL FUND, Charles............................................ 58,773<br />

BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Ben......................... 3,319<br />

BEDROSIAN ENDOWMENT FUND, Dr. & Mrs. Levon...................... 2,799<br />

BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Martin...................... 8,260<br />

BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Vahe P..................... 2,891<br />

BEDROSSIAN HADJIAN SURABIAN FUND, Yevkine & Victoria....... 6,968<br />

BEDROSSIAN MEMORIAL FUND, Dr. Edward & Angele................ 52,638<br />

BEKIAN ENDOWMENT FUND, Rev. Nishan...................................... 2,124<br />

BEKMEZIAN ENDOWMENT FUND, Mary......................................... 6,606<br />

BEKMEZIAN ENDOWMENT FUND, Millard..................................... 59,658<br />

BELIAN MEMORIAL FUND, Aram Y............................................... 382,218<br />

BELOYAN MEMORIAL FUND, Neshan................................................. 950<br />

BENGLIAN ENDOWMENT FUND, John............................................... 482<br />

BENGLIAN ENDOWMENT FUND, Mr. & Mrs. Semon....................... 5,652<br />

BENGLIAN MEMORIAL FUND, Vahan & Sara................................. 10,060<br />

BENNETT ENDOWMENT FUND, John Eskijian................................ 1,078<br />

BENNEYAN ENDOWMENT FUND, Rev. H. G................................... 4,977<br />

BERBERIAN ENDOWMENT FUND, Mr. & Mrs. Everett H................. 2,705<br />

BERBERIAN ENDOWMENT FUND, Harry............................................ 587<br />

BERBERIAN MEMORIAL FUND, Dr. Dicran & Armine................... 159,289<br />

BERBERIAN MEMORIAL FUND, Vahe A........................................... 1,312<br />

BESH ENDOWMENT FUND, Van.................................................... 53,333<br />

BESH GETOOR MEMORIAL FUND, Dr. Levon & Elmon................... 5,816<br />

BESHAR ENDOWMENT FUND, Artin................................................... 332<br />

BEYLERIAN ENDOWMENT FUND, Mr. & Mrs. Kevork........................ 263<br />

BEYLERIAN MEMORIAL FUND, George.............................................. 175<br />

BEZIAN ENDOWMENT FUND, Mr. & Mrs. Jack................................... 263<br />

BEZIRGANIAN END. FUND, Dr. & Mrs. George............................ 187,945<br />

BEZIRGANIAN END. FUND, Drs. John & Sophia............................ 31,426<br />

BEZIRGANIAN ENDOWMENT FUND, Mr. Steve............................... 8,040<br />

BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Albert........................... 26,798<br />

BEZJIAN ENDOWMENT FUND, Alex & Victoria................................ 3,705<br />

BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Hagop........................... 4,193<br />

BEZJIAN ENDOWMENT FUND, Jacob & Lydia................................. 4,797<br />

BEZJIAN HARDOUVELIS END. FUND, Gikas & Suzan.................... 2,607<br />

BILEZIKIAN ENDOWMENT FUND, Valantine.................................... 3,750<br />

BILEZIKJIAN ENDOWMENT FUND, Arsenio & Araxi............................ 693<br />

BILEZIKJIAN ENDOWMENT FUND, Zabel & Youhanna.................. 21,802<br />

BIZDIKIAN ENDOWMENT FUND, Dikran............................................. 374<br />

BIZDIKIAN ENDOWMENT FUND, Hrair................................................ 263<br />

BIZDIKIAN ENDOWMENT FUND, Rev. & Mrs. Jerair........................ 1,422<br />

BODOURIAN ENDOWMENT FUND, Harry Ghazaros....................... 2,705<br />

BOGDASARIAN MEMORIAL FUND, John......................................... 1,859<br />

BOGHARIAN ENDOWMENT FUND, Keghanoush............................ 1,938<br />

BOGHOSIAN/CHAKMAKJIAN MEMORIAL FUND........................... 31,882<br />

BOGHOSSIAN ENDOWMENT FUND, Dr. & Mrs. Hagop................ 21,027<br />

BOGOSIAN END. FUND, Mr. & Mrs. Avedis Paul.............................. 5,257<br />

BOGOSIAN ENDOWMENT FUND, Mr. & Mrs. John........................ 21,723<br />

BOGOSIAN ENDOWMENT FUND, Paul.............................................4,115


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

BOGOSIAN MEMORIAL EDUC’L FUND, Tavit & Sirvart.................. 14,159<br />

BOGOSSIAN MEMORIAL FUND, Armen & Florence......................... 1,323<br />

BOLODIAN MEMORIAL FUND, Harry................................................... 687<br />

BOLOYAN ENDOWMENT FUND, Mr. & Mrs. Kazar.......................... 7,534<br />

BOND MEMORIAL FUND, Harold......................................................... 942<br />

BOOLE ENDOWMENT FUND, John H............................................ 13,555<br />

BOOLE ENDOWMENT FUND, Nectar............................................... 1,345<br />

BOOLE JR. ENDOWMENT FUND, Mr. & Mrs. George......................... 561<br />

BOSNIAN ENDOWMENT FUND, Luther H...................................... 33,181<br />

BOUJICANIAN ENDOWMENT FUND, Arpine....................................... 927<br />

BOUJICANIAN ENDOWMENT FUND, Kachadour............................. 1,142<br />

BOYADJIAN ENDOWMENT FUND, Aram.......................................... 1,659<br />

BOYADJIAN KASSAPIAN MEM’L FUND, Marie & Haroutune..........................6,807<br />

BOYAJIAN ENDOWMENT FUND, Mr. & Mrs. H................................. 1,659<br />

BOYAJIAN ENDOWMENT FUND, Harry............................................ 1,692<br />

BOYAJIAN ENDOWMENT FUND, Hattie Eleanor............................ 33,576<br />

BOYAJIAN ENDOWMENT FUND, Julia................................................ 271<br />

BOYAJIAN ENDOWMENT FUND, Louise........................................ 30,204<br />

BOYAJIAN ENDOWMENT FUND, Mary Jean....................................... 325<br />

BOYAJIAN ENDOWMENT FUND, Samuel Avedis............................. 9,251<br />

BOYAJIAN HANLON ENDOWMENT FUND, Queenie....................... 5,356<br />

BOYAJIAN MEMORIAL FUND, Avedis & Khatoun........................... 82,917<br />

BOYAJIAN MEMORIAL FUND, Joseph Sr......................................... 1,651<br />

BOYAJIAN MEMORIAL FUND, Kasper............................................ 14,787<br />

BOYAJIAN MEMORIAL FUND, Rose................................................11,614<br />

BOYAJY ENDOWMENT FUND, Violet Esahak..................................... 271<br />

BOYD MEMORIAL FUND, Mentor Astor............................................ 2,893<br />

BOZYAN MEMORIAL FUND, Edith.................................................... 1,479<br />

BRIX MEMORIAL FUND, Reuben & Victoria......................................... 868<br />

BROOKS ENDOWMENT FUND, Mr. & Mrs. Richard S......................... 271<br />

BROUSA SCHOOL GIRLS CLUB ENDOWMENT............................ 18,989<br />

BUCHAKJIAN ENDOWMENT FUND, Serge & Anita............................ 148<br />

BURBAGE ENDOWMENT FUND, Mr. & Mrs. James J......................... 541<br />

BURMAYAN ENDOWMENT FUND, Mr. & Mrs. Varujan..................... 9,814<br />

CAPRELIAN MEMORIAL FUND, Rose............................................ 12,497<br />

CARAPETIAN MEMORIAL FUND, Caro............................................ 3,418<br />

CARLETON MEMORIAL FUND, Dr. Alford............................................ 217<br />

CARPETLAND, Manougian Sakayan Turmani..................................11,283<br />

CASPARIAN ENDOWMENT FUND, Aghavni........................................ 355<br />

CASPARIAN ENDOWMENT FUND, Hrant & Hranoush................... 13,913<br />

CASPARIAN ENDOWMENT FUND, Mr. & Mrs. Patrick......................7,011<br />

CASPARIAN MIRZAIAN MEM’L FUND, Perooz & Manoog......................14,374<br />

CHACHOU ENDOWMENT FUND, Mrs. K.......................................... 3,319<br />

CHADURJIAN ENDOWMENT FUND, Edward A.............................. 50,849<br />

CHAGLASIAN MEM’L FUND, Mr. & Mrs. Karekin & Elizabeth....................... 4,219<br />

CHAHINIAN MEMORIAL FUND, Krikor & Rahel................................ 1,584<br />

CHAKEJIAN ENDOWMENT FUND, Sarkis........................................ 1,698<br />

CHAKERIAN ENDOWMENT FUND, Mr. & Mrs. Charles Jr................... 263<br />

CHAKERIAN FUND, Mary Arpine Mullisen & Samuel Gron........................9,517<br />

CHAKMAKJIAN ENDOWMENT FUND, Anna.................................... 1,314<br />

CHAKMAKJIAN ENDOWMENT FUND, Mr. & Mrs. Harry...................... 12,691<br />

CHAKMAKJIAN ENDOWMENT FUND, Mr. & Mrs. Robert................... 679<br />

CHAKMAKJIAN JR. END. FUND, Mr. & Mrs. Aram K.............................. 1,411<br />

CHALABIAN ENDOWMENT FUND, Mr. & Mrs. Charles.................. 28,017<br />

CHALIAN ENDOWMENT FUND, Raffi.................................................. 436<br />

CHALIAN MEMORIAL FUND, Manouk & Anouche............................ 1,072<br />

CHALIKIAN ENDOWMENT FUND, Dikran............................................ 332<br />

CHALIKIAN ENDOWMENT FUND, Mr. & Mrs. Edward.................... 13,174<br />

CHAMICHIAN MEMORIAL FUND, Joseph & Nevart........................ 10,160<br />

CHANGELIAN ENDOWMENT FUND, Mr. & Mrs. Charles................. 2,705<br />

CHARKOUDIAN EDUCATION FUND, Harry N..................................... 224<br />

CHATALBASH ENDOWMENT FUND, Mr. & Mrs. Thomas................ 2,629<br />

CHAVOOR MEMORIAL FUND, Frank & Frances............................... 1,249<br />

CHEKIJIAN ENDOWMENT FUND, Samuel.......................................... 395<br />

CHELBIAN MEMORIAL FUND, Lucia................................................ 4,437<br />

CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Archie......................19,911<br />

CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Nazareth....................... 406<br />

CHILIAN ENDOWMENT FUND, Mr. & Mrs. Diran J........................... 1,894<br />

CHIVITJIAN ENDOWMENT FUND........................................................ 332<br />

CHIVITJIAN ENDOWMENT FUND, Mr. & Mrs. H. G...........................1,511<br />

CHOLAKIAN MEMORIAL FUND, Yeranoohi...................................... 1,786<br />

CHOOLJIAN ENDOWMENT FUND, Arakel........................................... 332<br />

CHOPOORIAN ENDOWMENT FUND, Mr. & Mrs. Haig..................... 2,705<br />

CHOPOURIAN MEMORIAL FUND, Patricia Ann............................... 2,092<br />

CHOPOURIAN SCHOLARSHIP FUND, Haroutune & Victoria..........................20,832<br />

CHORLIAN MEMORIAL FUND, Edward............................................ 4,767<br />

CHRISTIANSEN END. FUND, Dr. & Mrs. Gary & Aline...................... 1,066<br />

CHURUKIAN SCHOLARSHIP FUND, Giragos M. & Helen T.........................50,381<br />

CLEMENCE MEMORIAL FUND, Eugene........................................... 2,705<br />

COLLEGIAN 1983 TRUST FUND, Harry.......................................... 47,969<br />

COMJEAN ENDOWMENT FUND, Marc........................................... 85,760<br />

CONE ENDOWMENT FUND, Mr. & Mrs. Lawrence K....................... 4,731<br />

CUTLER ENDOWMENT FUND, Jack & Yumma.............................. 15,098<br />

DABAGIAN ENDOWMENT FUND, Mr. & Mrs. George......................... 677<br />

DABANIAN ENDOWMENT FUND, H. M............................................... 332<br />

DABBAGHIAN ENDOWMENT FUND, Marie...................................... 3,137<br />

DADEKIAN ENDOWMENT FUND, Victoria........................................... 581<br />

DADEKIAN ENDOWMENT FUND, Mr. & Mrs. Zaven A..................... 2,705<br />

DADERIAN ENDOWMENT FUND, Asdghig....................................... 6,835<br />

DADOURIAN ENDOWMENT FUND, Mr. & Mrs. Alexander............... 5,609<br />

DADOURIAN ENDOWMENT FUND, Dadour & Elise....................... 65,791<br />

DADOURIAN ENDOWMENT FUND, Hagop......................................... 572<br />

DADOURIAN ENDOWMENT FUND, Mr. & Mrs. Noubar M........................1,082<br />

DAGDIGIAN MEMORIAL FUND, Mr. & Mrs. Khoren.......................... 8,142<br />

DAGHLIAN EKMEKJIAN ENDOWMENT FUND................................ 9,955<br />

DAGHLIAN ENDOWMENT FUND, Hagop......................................... 5,387<br />

DAGHLIAN ENDOWMENT FUND, Nazar & Lucy............................ 28,241<br />

DAGHLIAN ENDOWMENT FUND, Yacoub & Feride....................... 13,525<br />

DAGHLIAN MEMORIAL FUND, Rev. Dr. Theodore............................ 5,335<br />

DAGHLIAN MEMORIAL SCHOLARSHIP FUND, Nazar.................. 15,069<br />

DAGLIAN ENDOWMENT FUND, Dr. & Mrs. Parnag..........................9,311<br />

DANELIAN ENDOWMENT FUND, Jack & Brother............................. 1,528<br />

DANELIAN ENDOWMENT FUND, Lewis N.......................................... 415<br />

DANELIAN ENDOWMENT FUND, Richard........................................ 1,278<br />

DANIELIAN ENDOWMENT FUND, Mr. H.............................................. 763<br />

DANIELIAN ENDOWMENT FUND, Mr. & Mrs. Leo............................... 271<br />

DANIELIAN MEMORIAL FUND, Mr. Vagharshag.................................. 985<br />

DANIELS ENDOWMENT FUND, Dr. Francis........................................ 750<br />

DAOUDIAN ENDOWMENT FUND, Krikor............................................. 271<br />

DARAKDJIAN MEMORIAL FUND, Berjouhi....................................... 2,523<br />

DARAKJIAN ENDOWMENT FUND, Albert & Annabelle Lee........................336,123<br />

DARAKJIAN ENDOWMENT FUND, Rev. Emmanuel & Mary...........................14,629<br />

DARAKJIAN ENDOWMENT FUND, Drs. Nazareth & Annie............................146,383<br />

DARAKJIAN MEMORIAL FUND, Rev. & Mrs. A. S................................ 526<br />

DARIAN ENDOWMENT FUND, Mr. & Mrs. Ken.................................... 148<br />

DARMANJIAN ENDOWMENT FUND, Moses & Lydia....................... 2,348<br />

DARPINIAN MEMORIAL FUND, John.............................................. 10,092<br />

DAVAGIAN ENDOWMENT FUND, Mr. & Mrs. John S........................ 1,353<br />

DAVAGIAN ENDOWMENT FUND, Mr. & Mrs. Sahag........................... 813<br />

DAVID ENDOWMENT FUND, Mr. & Mrs. Jerry..................................... 263<br />

DAVIDIAN ENDOWMENT FUND, Rev. Aris....................................... 1,698<br />

DAVIDIAN ENDOWMENT FUND, Mr. & Mrs. Charles........................ 1,314<br />

DAVIDIAN ENDOWMENT FUND, Mr. & Mrs. Levon............................. 271<br />

DAVIDIAN ENDOWMENT FUND, Nahabed.......................................... 962<br />

DAVIDIAN ENDOWMENT FUND, Sarkis.............................................. 148<br />

DAVIDIAN MEMORIAL FUND, Elizabeth Rose................................ 22,181<br />

DAVIDIAN MEMORIAL FUND, James A........................................... 94,460<br />

DAVIDIAN MEMORIAL FUND, Mariam................................................. 854<br />

DAYIAN ENDOWMENT FUND, Dr. & Mrs. Edward............................ 2,300<br />

DE MIRJIAN ENDOWMENT FUND, Arsine........................................... 271<br />

DEDEYAN MEMORIAL FUND, Hagop............................................. 10,781<br />

DEDEYAN MEMORIAL FUND, Takvor............................................... 1,708<br />

DEMERJIAN ENDOWMENT FUND, Alice M...................................... 1,255<br />

DEMERJIAN ENDOWMENT FUND, Artin & Azniv............................. 1,945<br />

DEMERJIAN ENDOWMENT FUND, Mr. & Mrs. Harry......................59,511<br />

DEMIRDJIAN ENDOWMENT FUND, Shavarsh & Nazine..................3,110<br />

DEMIRJIAN ENDOWMENT FUND, Anne.............................................. 541<br />

DEMIRJIAN ENDOWMENT FUND, Harold & Frances....................... 5,586<br />

DEMIRJIAN ENDOWMENT FUND, Minas & Keghany..................... 18,670<br />

DEPOIAN ENDOWMENT FUND, Gadarine....................................... 3,319<br />

DEPOYAN ENDOWMENT FUND, Rev. Jacob M.................................. 498<br />

DER BOGHOSSIAN MEML FUND, Misak,Aznive,Armenouhie,Araxie...........42,579<br />

31


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

DER GARABEDIAN ENDOWMENT FUND, Dr. & Mrs. Haig....................271<br />

DER KALOUSDIAN END. FUND, Rev. & Mrs. Avedis............................. 2,065<br />

DER MARDEROSIAN END. FUND, Ara & Evelyn............................. 1,962<br />

DER MATTEOSIAN MEMORIAL FUND, Krikor & Yeghsa.................24,117<br />

DER OVANESIAN MEMORIAL FUND, Hagop & Anna M................ 33,181<br />

DERAD ENDOWMENT FUND, Dr. ....................................................... 332<br />

DERANIAN ENDOWMENT FUND, Dr. & Mrs. Hagop Martin........................ 2,614<br />

DERANIAN MEMORIAL FUND, Armen............................................ 21,785<br />

DERDERIAN ENDOWMENT FUND, Ara............................................... 848<br />

DERDERIAN ENDOWMENT FUND, Mr. & Mrs. Haig........................... 541<br />

DERGHAZARIAN ENDOWMENT FUND, Mr. & Mrs. Dikran................. 526<br />

DERIAN ENDOWMENT FUND, James.............................................. 1,306<br />

DERIAN ENDOWMENT FUND, Osgan.............................................. 3,319<br />

DERIAN MEMORIAL FUND, Gary...................................................... 7,335<br />

DERMENJIAN ENDOWMENT FUND, Rose......................................... 574<br />

DEVEDJIAN ENDOWMENT FUND, Mr. & Mrs. John......................... 1,353<br />

DICKRANIAN ENDOWMENT FUND, Mr. & Mrs. Archie..................... 2,552<br />

DILDABANIAN ENDOWMENT FUND, Orjen................................... 34,592<br />

DILDILIAN ENDOWMENT FUND, Mr. & Mrs. Ara T.............................. 271<br />

DILDILIAN ENDOWMENT FUND, Miriam............................................. 445<br />

DIRAD ENDOWMENT FUND, Simon.................................................... 332<br />

DIRADOURIAN ENDOWMENT FUND, Mr. & Mrs. Qureken......................3,679<br />

DIRAN ENDOWMENT FUND, Arsen & Varteni.............................. 235,947<br />

DIRAN ENDOWMENT FUND, Leo................................................. 514,956<br />

DIRAN FAMILY ENDOWMENT FUND................................................... 332<br />

DIRAN MEMORIAL FUND, Mary...................................................... 20,378<br />

DJERGAIAN ENDOWMENT FUND, Mr. & Mrs. Robert G..................... 789<br />

DODD MEMORIAL FUND, Andrew.................................................... 2,184<br />

DOGHRAMJI ENDOWMENT FUND, Rev. Dr. Peter & Mary......................1,577<br />

DOGHRAMJI MEMORIAL FUND, Rosa............................................. 1,173<br />

DOHANIAN ENDOWMENT FUND, Armen Sr. & Rachel.................. 82,308<br />

DOHANIAN FAMILY FUND, Hagop M. & Esther............................ 230,831<br />

DOKOUZIAN MEMORIAL END. FUND, Mihran & Mary..................... 2,907<br />

DOLMADJIAN ENDOWMENT FUND, Jacob & Victoria..................... 1,402<br />

DOLMAJIAN MEMORIAL FUND, Mihran & Mary............................... 2,344<br />

DONABEDIAN ENDOWMENT FUND, Mr. & Mrs. Daniel................... 2,705<br />

DONABEDIAN ENDOWMENT FUND, Rita M....................................... 271<br />

DONABEDIAN ENDOWMENT FUND, Mr. & Mrs. Suren................. 16,568<br />

DONIKIAN MEMORIAL FUND, Beatrice............................................... 526<br />

DOUMANIAN ENDOWMENT FUND, Dr. Heratch O.........................11,193<br />

DOURJALIAN ENDOWMENT FUND, Mr & Mrs. William...................... 271<br />

DROSTE ENDOWMENT FUND, Diane & Donald................................. 148<br />

DULGARIAN ENDOWMENT FUND, Mr. & Mrs. Harry....................... 5,421<br />

DURNA MEMORIAL FUND, John..................................................... 19,050<br />

DURNA MEMORIAL FUND, Joseph J.............................................. 19,036<br />

EDUCATIONAL SOCIETY OF MALATIA, INC....................................... 541<br />

EDWARDS ENDOWMENT FUND, Mrs. A............................................. 546<br />

EGHIGHIAN ENDOWMENT FUND, Paul.............................................. 263<br />

EJDAHARIAN MEM’L FUND, Dr. & Mrs. Meguerditch................... 173,620<br />

EKMEKJIAN FAMILY FUND.................................................................. 635<br />

EKNOIAN MEMORIAL FUND, Sirouhi................................................ 2,339<br />

ELANJIAN ENDOWMENT FUND, Dr. George & Isabelle................... 6,035<br />

ELIAZARIAN FAMILY MEMORIAL FUND........................................... 4,706<br />

EMURIAN ENDOWMENT FUND, Rev. S. K. & G. T......................... 26,425<br />

ENDRIGIAN MEMORIAL FUND, Nevart............................................ 9,096<br />

ENSHER ENDOWMENT FUND, Dr. Martha Googooian.................. 21,640<br />

EOUKOUZIAN ENDOWMENT FUND, Mr. & Mrs. ................................ 665<br />

ESAIAN NOGA ENDOWMENT FUND................................................ 7,431<br />

ESAJIAN ENDOWMENT FUND, Mr. & Mrs. George............................. 271<br />

ESAJIAN ENDOWMENT FUND, Ken.................................................... 271<br />

ESAJIAN ENDOWMENT FUND, Nishan & Hranoush........................ 1,221<br />

ESKIKIAN ENDOWMENT FUND, Mrs. John......................................... 415<br />

ETINOFF KIRAKOSSIAN ENDOWMENT FUND, Aznive................... 2,685<br />

ETOYAN ENDOWMENT FUND, Ani................................................. 25,435<br />

EVKHANIAN ENDOWMENT FUND, Mr. & Mrs. Manook................... 1,858<br />

FARAJIAN ENDOWMENT FUND, Mr. & Mrs. Avedis............................ 591<br />

FARAJIAN ENDOWMENT FUND, Rev. G............................................. 382<br />

FERESHETIAN MEMORIAL FUND, Sarkis & Nartoohie.................. 96,103<br />

FERMANIAN ENDOWMENT FUND, Mr. & Mrs. Haig...................... 13,525<br />

FERMANIAN ENDOWMENT FUND, Mr. & Mrs. K........................... 27,510<br />

FILIAN FAMILY ENDOWMENT FUND................................................ 5,312<br />

32<br />

FILIAN MEMORIAL FUND, Movses................................................... 3,852<br />

FIRST ARMENIAN EVANG’L CHURCH, Montreal, Canada.......................... 7,293<br />

FISHER MEMORIAL FUND, Harold (Hratch Balikjian)..................... 22,800<br />

FLINT ENDOWMENT FUND, Mr. & Mrs. Gregory.............................. 3,922<br />

FROONJIAN ENDOWMENT FUND, Dr. H. Craig............................... 8,641<br />

GABRELLIAN & JESSOURIAN ASSOCIATES................................... 2,705<br />

GABRIEL ENDOWMENT FUND, Edwin Z...................................... 391,944<br />

GABRIEL ENDOWMENT FUND, Enovk................................................ 489<br />

GABRIEL ENDOWMENT FUND, Krikor............................................. 1,489<br />

GABRIEL MEMORIAL FUND, Attabeg & Lusik................................. 31,861<br />

GABRIEL MEMORIAL FUND, Louise B................................................. 812<br />

GAGOSIAN ENDOWMENT FUND, Nora........................................... 1,620<br />

GAHHOS ENDOWMENT FUND, Dr. & Mrs. N...................................... 263<br />

GAIDZAKIAN MEM’L FUND, Georges, Zabel & Joao........................ 1,044<br />

GALIAN MEMORIAL FUND, Florence.............................................. 25,163<br />

GALOOSTIAN ENDOWMENT FUND, Flora & Diane....................... 80,338<br />

GAMAREKIAN MEMORIAL FUND, Dikran & Almas.......................... 1,553<br />

GARABEDIAN ENDOWMENT FUND, Aghavnie................................ 9,470<br />

GARABEDIAN ENDOWMENT FUND, Anna......................................... 464<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Aram..................... 5,775<br />

GARABEDIAN ENDOWMENT FUND, Charles.................................. 1,676<br />

GARABEDIAN ENDOWMENT FUND, Charles Mesrob................... 25,284<br />

GARABEDIAN ENDOWMENT FUND, Charles P.................................. 541<br />

GARABEDIAN ENDOWMENT FUND, Elise....................................... 1,708<br />

GARABEDIAN ENDOWMENT FUND, George...................................... 638<br />

GARABEDIAN ENDOWMENT FUND, Haroutioun................................ 271<br />

GARABEDIAN ENDOWMENT FUND, Harry & Bertha..................... 26,509<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Kersham.................. 271<br />

GARABEDIAN ENDOWMENT FUND, Leah & Elizabeth...................... 263<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Martin................... 1,314<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Nash........................ 541<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Paul...................... 7,412<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Ralph....................... 247<br />

GARABEDIAN MEMORIAL FUND, Paul E....................................... 35,052<br />

GAROIAN MEMORIAL FUND, Armen & Marie................................... 2,742<br />

GAROYAN MEMORIAL FUND, Nevart............................................... 1,485<br />

GARRY ENDOWMENT FUND, Edward A. & Jessee......................... 4,797<br />

GAZARIAN ENDOWMENT FUND, Dr. & Mrs. Arnold H..................... 4,950<br />

GAZARIAN ENDOWMENT FUND, Zara............................................... 263<br />

GAZARIAN MEMORIAL FUND, Vartan & Bertha............................... 1,746<br />

GAZEBAYUKIAN ENDOWMENT FUND, Jorge & Marlene................ 1,402<br />

GEARY ENDOWMENT FUND, Sara O............................................ 77,841<br />

GEDICKIAN (GULIAN) MEM’L FUND, Hyranoush Isabelle................ 6,488<br />

GEDIKIAN BOUJOULIAN FAMILY FUND.......................................... 3,044<br />

GEDIKIAN ENDOWMENT FUND, Mr. & Mrs. Aram.............................. 576<br />

GEOVKALAYJIAN MEM’L FUND, Mr. & Mrs. Haroutune Joseph...............................10,843<br />

GEOVKALAYJIAN MEMORIAL FUND, Lutfig & Armen.................... 14,917<br />

GERTMENIAN ENDOWMENT FUND, Rev. & Mrs. Paul................ 109,346<br />

GERTMENIAN ENDOWMENT FUND, Mr. & Mrs. Roy Z................. 13,120<br />

GERTMENIAN ENDOWMENT FUND, Seb & Alice............................... 541<br />

GERTMENIAN SCHOOL ENDOWMENT FUND.............................. 37,407<br />

GIRAZIAN ENDOWMENT FUND, Garabed.......................................... 642<br />

GIRIDLIAN ENDOWMENT FUND, Leon & Matilda.......................... 25,966<br />

GKD ENDOWMENT FUND............................................................ 378,743<br />

GLAVIAN BENLIAN ENDOWMENT FUND, Sona........................... 51,036<br />

GLAVIAN ENDOWMENT FUND, Vartan................................................ 426<br />

GOENJIAN ENDOWMENT FUND, Lutfik & Arousiak....................... 43,710<br />

GOERGIZIAN ENDOWMENT FUND, Rev. & Mrs. Arsen................. 93,004<br />

GOOGOOIAN MEMORIAL SCHOLARSHIP FUND, Louise...........................29,755<br />

GOORABIAN ENDOWMENT FUND, Mr. & Mrs. Harry.................... 13,142<br />

GOPOIAN ENDOWMENT FUND, Arpiar H........................................... 155<br />

GOSTANIAN MEMORIAL FUND, Dorothy.......................................... 6,279<br />

GOSTANIAN MEMORIAL FUND, Esther............................................ 2,092<br />

GOSTANIAN MEMORIAL FUND, Vartanoush & Manoug................... 7,916<br />

GOULIAN ENDOWMENT FUND, Mr. & Mrs. Dicran.......................... 2,322<br />

GOULIAN ENDOWMENT FUND, Dr. Dicran & Nancy.......................... 234<br />

GRALIAN MEMORIAL FUND, Bayzar................................................ 1,314<br />

GRAY MEMORIAL FUND, J. Harry..................................................... 9,488<br />

GREGORY ENDOWMENT FUND, Marie.............................................. 624<br />

GREGORY MEMORIAL FUND, John & Lousaper.............................. 1,909<br />

GRIGGS (BENAYAN) MEMORIAL FUND, Aroos............................... 9,693


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

GUEKGUEZIAN END. FUND, Assadour & Turfanda.......................... 2,150<br />

GUEKGUEZIAN ENDOWMENT FUND, Mr. & Mrs. Bedros.................. 736<br />

GUEKGUEZIAN END. FUND, Rev. Bernard & Knar.......................... 5,312<br />

GUEKGUEZIAN FAMILY ENDOWMENT FUND, Asbed.................... 4,540<br />

GUEKGUEZIAN MEM’L FUND, Rev. Yenouk & Maggie................... 35,303<br />

GUEYIKIAN ENDOWMENT FUND, Dr. & Mrs. Berj........................... 3,246<br />

GUEYIKIAN ENDOWMENT FUND, Mr. & Mrs. Luther....................... 3,679<br />

GULBENKIAN ENDOWMENT FUND, Pr<strong>of</strong>. Avedis............................ 1,743<br />

GULBENKIAN MEMORIAL FUND, Hasmig & Garbis....................... 15,013<br />

GULDALIAN ENDOWMENT FUND, Mr. & Mrs. Antranik O......................263<br />

GULDALIAN ENDOWMENT FUND, K. George................................. 1,671<br />

GULDALIAN ENDOWMENT FUND, Mr. & Mrs. Ohannes..................... 255<br />

GULESERIAN ENDOWMENT FUND, Mr. & Mrs. John...................... 2,705<br />

GULESERIAN ENDOWMENT FUND, Lillian......................................... 541<br />

GULESERIAN ENDOWMENT FUND, Mourad...................................... 356<br />

GULESSERIAN ENDOWMENT FUND, Levon & Shake.................... 7,895<br />

GULESSERIAN ENDOWMENT FUND, Sarkis & Elenie.................. 18,250<br />

GULESSERIAN MEMORIAL FUND, Dikran S. & Verkinia............... 12,265<br />

GULESSERIAN MEMORIAL FUND, Vahram..................................... 7,856<br />

GULESSERIAN MEMORIAL FUND, Vasken...................................... 4,667<br />

GULEZIAN MEMORIAL FUND, Sarkis & Armenouhie..................... 39,609<br />

GULIAN ENDOWMENT FUND, Arsen................................................ 1,991<br />

GULUZIAN MEMORIAL FUND, Krikor O............................................ 3,312<br />

GUMUSHIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis........................ 397<br />

GURLEKIAN ENDOWMENT FUND, Rev. & Mrs. Hagop................... 7,617<br />

GUZELIAN ENDOWMENT FUND, Hrant....................................... 274,543<br />

GUZELIMIAN ENDOWMENT FUND, Mr. & Mrs. Harry...................... 1,314<br />

GUZELIMIAN MEM’L FUND, Mr. & Mrs. Khacher & Mr. Puzant............................... 9,336<br />

HACHIGIAN ENDOWMENT FUND, Mr. & Mrs. John M..................... 1,249<br />

HACHIGIAN MEMORIAL FUND, Maritza........................................... 3,418<br />

HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry A....................... 1,353<br />

HADIDIAN ENDOWMENT FUND, Rev. & Mrs. Yenovk.................... 69,363<br />

HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Yervant & Rose...........................27,955<br />

HADIDIAN ENDOWMENT FUND, Mr. & Mrs. Zaven & Arpine..............................9,128<br />

HADIDIAN MEMORIAL FUND, Rev. Aram H. & Gaida...................... 32,899<br />

HADIDIAN MEMORIAL FUND, Berjouhie.............................................. 824<br />

HADIDIAN MEMORIAL FUND, Edgar & Noubar................................ 8,028<br />

HADJIAN ENDOWMENT FUND, Mrs. Y................................................ 564<br />

HAGOPIAN (GARABEDIAN) MEMORIAL FUND, Rose..................... 1,571<br />

HAGOPIAN ENDOWMENT FUND, Dr. Arpi..................................... 60,653<br />

HAGOPIAN ENDOWMENT FUND, Mr. & Mrs. Hurire N....................... 271<br />

HAGOPIAN ENDOWMENT FUND, Jacob........................................ 82,954<br />

HAGOPIAN ENDOWMENT FUND, Rebecca..................................... 1,044<br />

HAGOPIAN MEMORIAL FUND, Bedros & Yeranouhi.................... 176,919<br />

HAGOPIAN MEMORIAL FUND, Rose................................................ 1,479<br />

HAGOPIAN MEMORIAL FUND, Satenig............................................ 9,480<br />

HAGOPIAN MEMORIAL FUND, Sophie............................................. 1,446<br />

HAIDOSTIAN ENDOWMENT FUND, Dr. & Mrs. Berj H....................11,689<br />

HAIG (KASHISHIAN) FUND, K. & Elsie.......................................... 105,588<br />

HAIG ENDOWMENT FUND, Mr. V. M................................................... 365<br />

HAIG MEMORIAL FUND, Harold & Virginia....................................... 8,460<br />

HAKIMIAN ENDOWMENT FUND, Avedis & Alice............................ 50,006<br />

HAKIMIAN ENDOWMENT FUND, George......................................... 1,862<br />

HAKIMIAN ENDOWMENT FUND, Harry.......................................... 34,604<br />

HAKIMIAN ENDOWMENT FUND, Krikor & Patricia........................... 2,891<br />

HAKOYAN ENDOWMENT FUND, Boghos............................................ 526<br />

HALAJIAN ENDOWMENT FUND, John & Agnes........................ 1,188,386<br />

HALEBIAN ENDOWMENT FUND, Mr. & Mrs. Michael..................... 23,575<br />

HALEBIAN ENDOWMENT FUND, Puzant & Barbara........................ 3,298<br />

HALEBIAN MEMORIAL FUND, Marie................................................ 2,322<br />

HALEBIAN MEMORIAL FUND, Puzant.............................................. 5,697<br />

HALEBIAN MEMORIAL FUND, Rose................................................. 1,786<br />

HALEBLIAN ENDOWMENT FUND, Jamil Haroutune........................ 2,322<br />

HALEBLIAN ENDOWMENT FUND, Loutfi J. & Nouvart..................... 1,314<br />

HALFORD MEM’L SCHOLARSHIP FUND, Anne Googooian........................52,567<br />

HALOJIAN MEMORIAL FUND, Arthur................................................... 341<br />

HAMO ENDOWMENT FUND, Sam & Phyllis..................................... 2,975<br />

HANCOCK ENDOWMENT FUND, Angele Bedrossian...................119,520<br />

HANENIAN ENDOWMENT FUND, Carolyn.......................................... 263<br />

HANENIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis........................ 2,108<br />

HANESSIAN ENDOWMENT FUND, Christine................................... 1,278<br />

HANESSIAN ENDOWMENT FUND, Nevdon & Sossy..................... 15,243<br />

HANESSIAN MEMORIAL FUND, Avedis............................................ 3,663<br />

HANSEN ENDOWMENT FUND, Zabelle......................................... 35,991<br />

HANSON ENDOWMENT FUND, Virginia Hanessian......................... 3,005<br />

HARABEDIAN MEMORIAL FUND, Rose G..................................... 15,891<br />

HARIKIAN ENDOWMENT FUND, Mr. & Mrs. Diran..........................11,564<br />

HAROOTUNIAN ENDOWMENT FUND, Sena................................... 4,381<br />

HAROUTUNIAN ENDOWMENT FUND, Mr. & Mrs. Harry.................. 1,216<br />

HAROUTUNIAN MEMORIAL FUND, Yessayi & Makroohi................. 5,190<br />

HARPOOTLIAN FAMILY MEM’L FUND, Charles & Esther........................160,941<br />

HARTUNIAN ENDOWMENT FUND, Albert & Mary............................ 6,023<br />

HARTUNIAN ENDOWMENT FUND, Mrs. Alice..................................... 521<br />

HARTUNIAN ENDOWMENT FUND, Byron........................................... 148<br />

HARTUNIAN ENDOWMENT FUND, George & Lillian........................... 658<br />

HARTUNIAN ENDOWMENT FUND, Mr. & Mrs. John........................ 4,862<br />

HARTUNIAN ENDOWMENT FUND, Mrs. Nevdon............................. 1,659<br />

HARTUNIAN ENDOWMENT FUND, Mrs. V.......................................... 557<br />

HARTUNIAN MEMORIAL FUND, Abraham........................................... 248<br />

HARTUNIAN/YESAIAN END. FD, Margaret & Robert/Avedis & Flora...........31,299<br />

HARUTUNIAN ENDOWMENT FUND, Mr. & Mrs. John..................... 7,493<br />

HARUTUNIAN FAMILY FUND, Der Sahakian.................................. 13,584<br />

HASERJIAN ENDOWMENT FUND, Nouritza..................................... 2,894<br />

HASSERJIAN MEM’L FUND, Dr. Paul Y. & Margaret..................... 30,544<br />

HASSERJIAN ENDOWMENT FUND, Mr. & Mrs. Gerard................... 1,353<br />

HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Henry K.................. 2,230<br />

HASSERJIAN MEMORIAL FUND, Aznive & Satenig....................... 17,889<br />

HASSERJIAN MEMORIAL FUND, Jamil............................................... 172<br />

HASSESSIAN END. FUND, Rev. & Mrs. Herald A. G........................ 8,480<br />

HATCH ENDOWMENT FUND, Benjamin........................................... 6,802<br />

HATCH MEMORIAL FUND, Eleanor...................................................... 664<br />

HAYES ENDOWMENT FUND, Gladys Aranosian................................. 677<br />

HEGHINIAN MEMORIAL FUND, Rev. Nazareth & Louisa........................10,718<br />

HEKEMIAN ENDOWMENT FUND, Robert & Colleen........................ 9,254<br />

HEKIMIAN ENDOWMENT FUND, Dr. & Mrs. J................................ 12,875<br />

HEKIMIAN ENDOWMENT FUND, M. Jerry & Margot........................ 3,022<br />

HEKIMIAN MEDICAL SCHOLARSHIP FUND, Dr. Jacob H........................ 55,453<br />

HEKIMIAN MEMORIAL FUND, Aram................................................. 2,208<br />

HEKIMIAN MEMORIAL FUND, Zeron Jerry....................................... 1,885<br />

HELVADJIAN ENDOWMENT FUND, Nishan & Armine.................... 23,480<br />

HINTLIAN ENDOWMENT FUND, Mr. Neshan G................................ 1,353<br />

HINTLIAN ENDOWMENT FUND, Setrak & Sara............................. 34,957<br />

HINTLIAN FOUNDATION ENDOWMENT FUND............................... 6,636<br />

HODGSON ENDOWMENT FUND, Isabelle E....................................... 812<br />

HOLOPIGIAN ENDOWMENT FUND, Warren....................................... 332<br />

HOOD MEMORIAL FUND, Kimberly Ann........................................... 1,525<br />

HOOGASIAN ENDOWMENT FUND, George & Alice........................... 541<br />

HORIGIAN ENDOWMENT FUND, Mr. & Mrs. Kirk................................ 271<br />

HOUROIAN MEMORIAL FUND, Mampre & Pepron............................. 525<br />

HOUSEPIAN ENDOWMENT FUND, Dr. & Mrs. Edgar......................... 296<br />

HOVAGIMIAN ENDOWMENT FUND, Mr. George............................. 9,955<br />

HOVAGIMIAN ENDOWMENT FUND, Sona....................................... 1,353<br />

HOVAGIMIAN MEMORIAL FUND, Angele....................................... 18,141<br />

HOVAGIMIAN MEMORIAL FUND, Mgrditch & Takouhy................... 10,147<br />

HOVAGIMIAN RELIGOUS FUND, Rev. Hovey & Jean...................... 9,876<br />

HOVANESSIAN ENDOWMENT FUND, Dr. & Mrs. R. A..................... 2,629<br />

HOVANESSIAN MEMORIAL FUND, Arakel & Dirouhi..................... 19,551<br />

HOVENANIAN ENDOWMENT FUND, Alice & Phyllis........................ 3,868<br />

HOVENANIAN ENDOWMENT FUND, Dr. Michael S....................... 49,702<br />

HOVENANIAN MEMORIAL FUND, Peter & Sara............................. 26,128<br />

HOVENANIAN MEM’L FUND, Simon, Bengzede & Mary.................. 3,868<br />

HOVNANIAN ENDOWMENT FUND, Dr. H. Philip............................ 36,777<br />

HOVNANIAN ENDOWMENT FUND, Mr. & Mrs. Hirair....................... 1,894<br />

HOVNANIAN ENDOWMENT FUND, Mr. & Mrs. Kevork....................... 369<br />

HOVNANIAN ENDOWMENT FUND, Vahak & Hasmig...................... 1,479<br />

HOVNANIAN FAMILY FUND, Jirair & Lil............................................ 1,667<br />

HOVNANIAN MEM’L ENDOWMENT FUND, Dr. August...................11,290<br />

HOVNANIAN MEMORIAL FUND, Albert H......................................... 1,786<br />

HOVNANIAN MEMORIAL FUND, Joan.............................................. 9,588<br />

HOVNANIAN MEMORIAL FUND, Dr. Philip & Lydia........................ 68,592<br />

HOVSEPIAN ENDOWMENT FUND, Rev. & Mrs. Avedis J................... 246<br />

HOVSEPIAN ENDOWMENT FUND, Martin.......................................... 332<br />

33


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

HOVSEPIAN MEMORIAL FUND, Angele......................................... 28,681<br />

HOWSEPIAN FUND, Awag & Takouhie.............................................. 6,319<br />

HUSISIAN ENDOWMENT FUND, John & Rose................................. 3,180<br />

ICHKHAN ENDOWMENT FUND, Dr. Vicken...................................... 1,324<br />

IGNATIUS FUND, Clara.................................................................... 10,189<br />

IGREJA EVANGELICA ARMENIA FUND, De Sao Paolo....................... 15,350<br />

ILANJIAN MEMORIAL FUND, Marie.................................................. 1,766<br />

ISBERIAN ENDOWMENT FUND, Oscar & Bros................................... 541<br />

ISHKANIAN ENDOWMENT FUND, Dr. H.............................................. 524<br />

ISHKANIAN ENDOWMENT FUND, Hagop & Elvira........................... 5,988<br />

ISHKANIAN MEMORIAL ENDOWMENT FUND, Harry...................... 3,144<br />

ISKENDERIAN ENDOWMENT FUND, Mr. & Mrs. I.............................. 408<br />

ISKIAN FAMILY ENDOWMENT FUND............................................. 18,552<br />

ISKIYAN THEOLOGICAL SCHOL. FUND, Paul & Arousiag..........................127,081<br />

IZMIRIAN ENDOWMENT FUND, Mr. & Mrs. Luther......................... 12,666<br />

IZMIRLIAN SCHOLARSHIP FUND, Mr. & Mrs. Shimavon............... 26,148<br />

JAMESON ESSAY CONTEST FUND, James................................ 242,325<br />

JAMESON FAMILY ENDOWMENT FUND, James......................... 456,323<br />

JAMGOCHIAN ENDOWMENT FUND, Mr. & Mrs. Aram.................... 2,705<br />

JAMGOTCHIAN END. FUND, Mr. & Mrs. Onnig (John)........................ 526<br />

JAMGOTCHIAN ENDOWMENT FUND, Mrs. Serpouhi...................... 3,463<br />

JAMGOTCHIAN ENDOWMENT FUND, Mr. & Mrs. Vartan................... 263<br />

JAMGOTCHIAN MEMORIAL FUND, Anna............................................ 271<br />

JANBAZIAN ENDOWMENT FUND, Boghos & Agnes...................... 13,197<br />

JANIGIAN END. FUND, Mr. & Mrs. Charles J. (Barbara)...................... 789<br />

JANIGIAN MEMORIAL FUND, Antaram............................................. 1,265<br />

JANJIGIAN ENDOWMENT FUND, Charles A.................................... 7,834<br />

JANJIKIAN MEMORIAL FUND, Dr. & Mrs. Hovsep & Mary.................. 284<br />

JEBEJIAN MEMORIAL FUND, Vahe.................................................. 4,178<br />

JEDIDIAN EDUCATIONAL FUND, Martha Doodoo........................ 203,561<br />

JEDIDIAN ENDOWMENT FUND, Haig................................................. 546<br />

JEMELIAN ENDOWMENT FUND, Nerses......................................... 8,464<br />

JEMELYAN ENDOWMENT FUND, Jerry............................................ 2,125<br />

JENANYAN ENDOWMENT FUND, John G........................................ 7,212<br />

JENANYAN MEMORIAL FUND, Charles Howard................................. 983<br />

JERAHIAN ENDOWMENT FUND, Aram............................................... 830<br />

JERIAN ENDOWMENT FUND, Dr. & Mrs. Samuel............................... 541<br />

JERIAN ESSAYAN ENDOWMENT FUND ....................................... 33,514<br />

JERJISIAN SCHOLARSHIP FUND, George & Elizabeth..........................59,445<br />

JERNIKIAN ENDOWMENT FUND, Mother........................................... 415<br />

JERNUKIAN MEMORIAL FUND, Haroutune & Dikranouhi...................... 2,607<br />

JERRAHIAN ENDOWMENT FUND, Sam............................................. 665<br />

JERYAN ENDOWMENT FUND, Mr. P. H............................................ 1,698<br />

JESRALY ENDOWMENT FUND, Mr. Peter M.................................... 1,314<br />

JEVAHIRJIAN MEMORIAL FUND, Arpine............................................. 186<br />

JIGARJIAN MEMORIAL FUND, S. George & Rose........................... 6,627<br />

JIVELEKIAN ENDOWMENT FUND, Luis......................................... 28,583<br />

JOHANSEN ENDOWMENT FUND, Dr. & Mrs. Erling........................... 646<br />

JOHNSON ENDOWMENT FUND, Richard........................................ 1,353<br />

JOHNSON ENDOWMENT FUND, Mr. & Mrs. Zaven............................ 325<br />

JONES MEMORIAL FUND, Sam........................................................ 5,586<br />

JOSEPH ENDOWMENT FUND, Mr. & Mrs. Jack & Mary................... 6,289<br />

JOUROYAN MEMORIAL FUND, Dick................................................ 1,531<br />

JUNDANIAN ENDOWMENT FUND, Mr. & Mrs. Thomas................... 1,772<br />

KABAKJIAN ENDOWMENT FUND, Mr. & Mrs. Aram......................... 1,991<br />

KABAKJIAN ENDOWMENT FUND, Haigazoon & Aghavni......................95,513<br />

KABAKJIAN ENDOWMENT FUND, Rose...........................................8,115<br />

KABIAN ENDOWMENT FUND, Ludwig................................................. 332<br />

KABOOLIAN ENDOWMENT FUND, Karekin....................................38,110<br />

KACHADORIAN ENDOWMENT FUND, Anna....................................... 271<br />

KACHADORIAN ENDOWMENT FUND, Mr. & Mrs. Carnick......................1,353<br />

KACHADURIAN ENDOWMENT FUND, Zumruth............................... 9,286<br />

KACHATUROFF ENDOWMENT FUND, Nora Maya........................ 12,864<br />

KADIAN ENDOWMENT FUND, Dr. & Mrs. George............................ 2,908<br />

KADIAN ENDOWMENT FUND, John & Sosy........................................ 148<br />

KADIAN FAMILY ENDOWMENT FUND, Gloria.................................. 5,130<br />

KAISERIAN ENDOWMENT FUND, Edward A. & Sara P.................... 2,367<br />

KALAGIAN MEMORIAL FUND, Kalos, Zabel & Alice..................... 131,861<br />

KALAIDJIAN ENDOWMENT FUND, Rev. Mihran................................. 966<br />

KALAIDJIAN ENDOWMENT FUND, Rev. William.............................. 1,726<br />

KALAYAN ENDOWMENT FUND, Shoushan & Berjouhie.................. 3,556<br />

34<br />

KALAYDJIAN ENDOWMENT FUND, Levon....................................... 4,464<br />

KALAYDJIAN MEMORIAL FUND, Roupen & Marie........................... 2,168<br />

KALEM MEMORIAL FUND, Bettina Josephine................................ 10,955<br />

KALEMKARIAN END. FUND, Mr. & Mrs. George V...................................14,885<br />

KALEMKERIAN ENDOWMENT FUND, John........................................ 498<br />

KALEMKIARIAN ENDOWMENT FUND, Mr. & Mrs. Paul...................... 585<br />

KALENIAN ENDOWMENT FUND, Margaret.................................... 47,329<br />

KALFAYAN ENDOWMENT FUND, Hagop & Eliza........................... 14,674<br />

KALFAYAN ENDOWMENT FUND, Dr. Laura J.................................. 5,861<br />

KALFAYAN ENDOWMENT FUND, Rev. & Mrs. Puzant H........................25,529<br />

KALFAYAN ENDOWMENT FUND, Dr. & Mrs. Sarkis & Irene.........................76,318<br />

KALFAYAN MEMORIAL FUND, Dr. Asbed..........................................5,119<br />

KALFAYAN MEM’L FUND, Dr. & Mrs. Haroutune & Flora.................................88,913<br />

KALFAYAN MEM’L FUND/ZAREH, Luther & Beatrice...................... 12,402<br />

KALOOSTIAN ENDOWMENT FUND, Alexander.................................. 337<br />

KALOUSDIAN END. FUND, Albert Sooren & Alice.......................... 13,172<br />

KALOUSTIAN END. FUND, Mr. & Mrs. Samuel............................... 68,865<br />

KALUNIAN ENDOWMENT FUND, Mr. & Mrs. Haig........................... 1,353<br />

KALVONJIAN ENDOWMENT FUND, Araxie.................................... 12,725<br />

KALYN MEMORIAL FUND, Hampton & Grace................................... 7,951<br />

KAMAJIAN ENDOWMENT FUND, Arthur & Rosine.............................. 255<br />

KAPIGIAN ENDOWMENT FUND, Haig................................................. 665<br />

KAPIGIAN MEMORIAL FUND, Harry.................................................... 651<br />

KAPRIELIAN ENDOWMENT FUND, Kapriel...................................... 1,404<br />

KAPRIELIAN MEMORIAL FUND, Roy.................................................. 231<br />

KARACHORLU ENDOWMENT FUND, Dr. & Mrs. K. Vahe................... 271<br />

KARAGOZIAN ENDOWMENT FUND, Mr. & Mrs. Albert.................... 2,705<br />

KARAGOZIAN ENDOWMENT FUND, Zevart.................................... 2,016<br />

KARAKASHIAN ENDOWMENT FUND, Jack & Grace....................... 3,827<br />

KARAKASHIAN MEMORIAL FUND, Mr. Karekin............................... 2,399<br />

KARAMANOUGIAN END. FUND, Vartanoush & Garabed.......................... 41,057<br />

KARAMANOUKIAN END. FUND, Ohannes & Araxie....................... 79,840<br />

KARAPETOFF ENDOWMENT FUND, Siroon....................................... 510<br />

KARIAN ENDOWMENT FUND, Dr. & Mrs. Bernard K........................ 5,104<br />

KARIAN ENDOWMENT FUND, Dr. Edward & Lucy....................... 197,871<br />

KARIAN MEMORIAL FUND, Michael................................................. 1,163<br />

KARJIAN ENDOWMENT FUND, Rev. Hovhannes........................... 15,866<br />

KARTOZIAN END.FUND, Rev. & Mrs. Haroutune.............................. 4,485<br />

KASAB ENDOWMENT FUND, Mr. & Mrs. Jacob.................................. 271<br />

KASABACH ENDOWMENT FUND, Mrs. Arshalous........................... 8,627<br />

KASABACH END. FUND, Dr. Harry Yervant & Armen...................... 21,348<br />

KASABIAN ENDOWMENT FUND, Shamiram....................................... 148<br />

KASHIAN ENDOWMENT FUND, Puzant H........................................... 295<br />

KASHISHIAN ENDOWMENT FUND, Enock & Mary........................ 24,604<br />

KASHMANIAN ENDOWMENT FUND, Hagop & Arousiag..................... 10,719<br />

KASPARIAN ENDOWMENT FUND, Mr. & Mrs. Zarvin J....................... 541<br />

KASPARIAN ENDOWMENT FUND #1, Alice Odian......................... 41,240<br />

KASPARIAN SCHOLARSHIP FUND #2, Alice Odian....................... 41,240<br />

KASPARIAN SCHOLARSHIP FUND #3, Alice Odian....................... 41,240<br />

KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L....................... 1,353<br />

KASSABIAN ENDOWMENT FUND, Mr. & Mrs. A. L.......................362,311<br />

KASSABIAN ENDOWMENT FUND, Dr. John & Mary........................ 3,187<br />

KASSABIAN ENDOWMENT FUND, Mr. & Mrs. Mihran..................... 4,206<br />

KASSARDJIAN ENDOWMENT FUND, Khoren & Kanarik................. 3,942<br />

KASSARJIAN ENDOWMENT FUND, Romeo.................................... 2,983<br />

KASSOUNI ENDOWMENT FUND, Rev. & Mrs. Vartkes.................... 8,140<br />

KASSOUNY ENDOWMENT FUND, Dr. & Mrs. Dicran Y.................. 25,122<br />

KASSOUNY KAVOUKSORIAN FUND, Kevork H. & Sirvart......................5,017<br />

KASSOUNY MEMORIAL FUND, Rev. & Mrs. Yeghia....................... 12,426<br />

KASSOUNY SCHOLARSHIP END. FUND, Arousiag Joy...................... 69,550<br />

KAVJIAN ENDOWMENT FUND, Dr. & Mrs. Edward........................ 84,482<br />

KAY ENDOWMENT FUND, George & Grace................................... 18,794<br />

KAYAIAN ENDOWMENT FUND, Mr. & Mrs. Berge............................ 2,178<br />

KAYE ENDOWMENT FUND, Dr. & Mrs. Ernest................................. 2,520<br />

KAZANJIAN ENDOWMENT FUND, Anna.......................................... 3,483<br />

KAZANJIAN ENDOWMENT FUND, Harold G....................................... 406<br />

KAZANJIAN ENDOWMENT FUND, Harry.......................................... 3,937<br />

KAZANJIAN ENDOWMENT FUND, Mr. & Mrs. Jack.......................... 1,413<br />

KAZANJIAN ENDOWMENT FUND, John........................................... 3,394<br />

KAZANJIAN ENDOWMENT FUND, Juliette....................................... 2,157<br />

KAZANJIAN ENDOWMENT FUND, Nouritza..................................... 3,394


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

KAZANJIAN ENDOWMENT FUND, Oscar............................................ 415<br />

KAZAROSIAN ENDOWMENT FUND, Harry...................................... 1,183<br />

KAZAROSIAN ENDOWMENT FUND, Mr. & Mrs. Paul...................... 1,082<br />

KAZAROSIAN MEMORIAL ENDOWMENT FUND, Clara.................. 4,686<br />

KAZAROSIAN MEMORIAL ENDOWMENT FUND, Louise..................... 4,800<br />

KAZAROSIAN MEMORIAL FUND, Rev. B. B. & Mary........................ 5,196<br />

KAZELIAN/KUMJIAN MEMORIAL FUND........................................... 2,520<br />

KECK ENDOWMENT FUND, Florence................................................. 263<br />

KEHEYAN ENDOWMENT FUND, Dicran & Gulenia.......................... 8,681<br />

KELEDJIAN MEMORIAL FUND, Takouhi........................................... 2,250<br />

KELESHIAN MEMORIAL FUND, Karl Karekin................................. 56,130<br />

KELIKIAN ENDOWMENT FUND, Dr. H. & Ovsanna.......................... 1,353<br />

KELJIKIAN ENDOWMENT FUND, Sarkis & Madeleine..................... 1,975<br />

KELLIGIAN MEMORIAL FUND, Myron & Helen F............................ 13,494<br />

KELLIKIAN MEMORIAL FUND, Bedros & Aznive.............................. 8,515<br />

KENOSIAN MEMORIAL FUND, Charles.......................................... 99,145<br />

KEOSIAN ENDOWMENT FUND, Peter................................................. 631<br />

KEOSIAN MEMORIAL FUND, Robert & Cora.................................... 1,143<br />

KERBABIAN ENDOWMENT FUND, Rev. & Mrs. Ardashes........................ 15,770<br />

KERBEYKIAN ENDOWMENT FUND, Mr. & Mrs. Edward.................. 3,257<br />

KERBEYKIAN SCHOLARSHIP FUND, Jeffrey............................... 133,673<br />

KERKASHARIAN ENDOWMENT FUND, Samuel & Satenig.........................14,124<br />

KERMOYAN ENDOWMENT FUND, Aznive.......................................... 790<br />

KERTMENIAN MEMORIAL FUND, Marjorie....................................... 9,373<br />

KESH MEMORIAL FUND, Mary N......................................................... 627<br />

KESHIAN ENDOWMENT FUND, Mr. & Mrs. Harry............................ 1,725<br />

KESHISHIAN ENDOWMENT FUND, Hadji Hagop............................. 2,045<br />

KESHISHIAN ENDOWMENT FUND, Kevork..................................... 1,325<br />

KESHISHIAN END. FUND, Levon & Dickranouhie.......................... 10,142<br />

KESHISHIAN ENDOWMENT FUND, Dr. & Mrs. S. K......................... 3,394<br />

KESHISHIAN MEMORIAL FUND, Garabed S.................................. 10,625<br />

KESHISHIAN MEMORIAL FUND, Jirayr............................................ 4,667<br />

KESHISHIAN MEMORIAL FUND, Mr. & Mrs. Mark.......................... 33,514<br />

KESHISHIAN MEMORIAL FUND, Moses & Victoria........................ 55,633<br />

KESHISHIAN MEMORIAL FUND, Siroon........................................... 4,407<br />

KETENJIAN MEMORIAL FUND, Beatrice.......................................... 7,886<br />

KETENJIAN MEMORIAL FUND, Hagop Markar.................................4,110<br />

KETENJIAN MEMORIAL FUND, Yervant & Yulia............................. 21,800<br />

KETEYIAN MEMORIAL FUND, Rose................................................. 1,697<br />

KEUCHGERIAN MEMORIAL FUND, Marie........................................ 1,634<br />

KEUHNELIAN END. FUND, Mr. & Mrs. Garabed H........................115,586<br />

KEUSEYAN ENDOWMENT FUND, Mr. & Mrs. John........................ 10,041<br />

KEVORKIAN ENDOWMENT FUND, Mrs. Frank................................ 3,651<br />

KEVORKIAN ENDOWMENT FUND, George & Alice....................... 15,195<br />

KEVORKIAN ENDOWMENT FUND, Mr. & Mrs. Joseph.................... 3,394<br />

KEVORKIAN ENDOWMENT FUND, Joseph H..................................... 332<br />

KEVORKIAN ENDOWMENT FUND, Mr. Karnig.................................... 746<br />

KEVORKIAN ENDOWMENT FUND, Kenneth & Thelma................... 1,314<br />

KEVORKIAN ENDOWMENT FUND, Mr. & Mrs. Zenas J................... 1,353<br />

KEYISHIAN ENDOWMENT FUND, Mr. & Mrs. John H.................... 39,380<br />

KEYISHIAN ENDOWMENT FUND, Mr. & Mrs. Robinson.................. 9,777<br />

KEYISHIAN MEMORIAL FUND, Yamnega......................................... 1,078<br />

KEZLARIAN ENDOWMENT FUND, Mrs. P........................................... 332<br />

KHACHADOORIAN MEMORIAL FUND, Elizabeth............................... 796<br />

KHACHADOURIAN MEM’L FUND, Rev. Nerses & Gulenia....................... 19,148<br />

KHACHADOURIAN END. FUND, Mr. & Mrs. Khachadour.................... 880<br />

KHACHIGIAN MEMORIAL FUND, John & Elizabeth........................ 12,241<br />

KHARAJJIAN MEMORIAL FUND, Nouri & Jemile.............................42,118<br />

KHERLOPIAN ENDOWMENT FUND, Mr. & Mrs. Ara........................... 271<br />

KHERLOPIAN MEMORIAL FUND, Marie........................................... 1,676<br />

KHOUNGANIAN ENDOWMENT FUND, Samuel & Limi.................... 3,751<br />

KHRIMIAN ENDOWMENT FUND, Rose.......................................... 43,080<br />

KIRIAN ENDOWMENT FUND, Mirijan................................................... 186<br />

KIRISHIAN ENDOWMENT FUND, Mr. & Mrs. William.......................... 541<br />

KIRISHIAN MEMORIAL FUND, Mr. Aroot.............................................. 449<br />

KISH ENDOWMENT FUND, Mr. & Mrs. Zaven A.................................. 369<br />

KISHISHIAN ENDOWMENT FUND, Mr. Haig....................................... 407<br />

KIZIRIAN ENDOWMENT FUND, Jacob & Virginia............................11,828<br />

KIZIRIAN MEMORIAL FUND, Mr. & Mrs. John...................................... 217<br />

KLIJIAN ENDOWMENT FUND, Mr. & Mrs. Barkev............................... 271<br />

KNADJIAN ENDOWMENT FUND, Peter............................................ 1,892<br />

KNADJIAN MEMORIAL FUND, Hagop, Zarouhi, Yetvart &.........................4,928<br />

KNAIAN MEMORIAL FUND, Nighoghos G......................................... 2,696<br />

KOCHAKIAN ENDOWMENT FUND, Giragos & Martha................... 16,909<br />

KOCHAKIAN ENDOWMENT FUND, Rose............................................ 271<br />

KOCHAKIAN MEM’L FUND, Moushegh & Arshalous....................... 78,223<br />

KOEHNKE ENDOWMENT FUND, George J. & Frances...................... 427<br />

KOEROGHLIAN END. FUND, Rev. Mihran & Beatrice.................... 31,759<br />

KOKORIAN ENDOWMENT FUND, Mary........................................... 1,938<br />

KOMOORIAN ENDOWMENT FUND, Arika.................................... 486,662<br />

KONDAKJIAN ENDOWMENT FUND, Albert & Josephine................. 2,036<br />

KONDAKJIAN ENDOWMENT FUND, Solomon................................... 464<br />

KONDOURAJIAN MEM’L FUND, Mr. & Mrs. Samuel & Flora............... 536<br />

KONYALIAN ENDOWMENT FUND, Krikor & Anoush...................... 30,486<br />

KOOLAKIAN ENDOWMENT FUND, Mr. Robert G............................. 1,134<br />

KOOMJIAN ENDOWMENT FUND, Mr. & Mrs. A. H........................... 1,314<br />

KOOMJIAN ENDOWMENT FUND, Mr. & Mrs. Richard H..................... 263<br />

KOOMJIAN ENDOWMENT FUND, Virginia.......................................... 271<br />

KOOYUMJIAN ENDOWMENT FUND, Martha................................... 2,705<br />

KORDZIAN ENDOWMENT FUND, Leon M........................................ 4,074<br />

KORENIAN ENDOWMENT FUND, Mr. & Mrs. John........................ 55,604<br />

KOUGASIAN ENDOWMENT FUND, Charles....................................... 668<br />

KOUMJIAN ENDOWMENT FUND, Mr. & Mrs. Dickran H........................ 4,342<br />

KOUMRIAN ENDOWMENT FUND, Nathan & Makrouhi....................... 17,152<br />

KOUNDAKJIAN MEMORIAL FUND, Albert & Yevnige..................... 15,265<br />

KOUNDAKJIAN MEM’L FUND, Rev. Hagop & Mariam...................... 2,340<br />

KOUNDAKJIAN MEMORIAL FUND, James..................................... 13,374<br />

KOUNDAKJIAN MEMORIAL FUND, Loutfi & Isgouhi......................... 4,990<br />

KOUNDAKJIAN/BEREJIKLIAN MEMORIAL FUND......................... 38,730<br />

KOUYOUMDJIAN ENDOWMENT FUND, Silvio Vartan..................... 1,249<br />

KOUYOUMJIAN ENDOWMENT FUND, Dr. Robert G...................... 20,690<br />

KOUYOUMJIAN MEMORIAL FUND, Rev. Nerces........................... 15,554<br />

KOUYOUMJIAN-POLADIAN MEM’L FUND, Araxie......................... 18,620<br />

KOUYUMDJIAN END. FUND, Dr. & Mrs. Ascencao........................... 4,184<br />

KOUZOUKIAN MEMORIAL FUND, Shaka......................................... 2,399<br />

KRADJIAN ENDOWMENT FUND, Steve........................................... 1,402<br />

KRAN ENDOWMENT FUND, Mr. & Mrs. Joseph.................................. 172<br />

KRIKORIAN END.FUND, Grace & Araxie Chourian......................... 10,327<br />

KRIKORIAN ENDOWMENT FUND, Haig & Helen............................. 1,840<br />

KRIKORIAN ENDOWMENT FUND, Haig K. & Rose........................ 22,583<br />

KRIKORIAN END. FUND, Hrant, Dolores & Rosanne...................... 14,275<br />

KRIKORIAN ENDOWMENT FUND, John S. Jr..................................... 596<br />

KRIKORIAN ENDOWMENT FUND, Mr. & Mrs. Leo.............................. 263<br />

KRIKORIAN ENDOWMENT FUND, Peter K...................................... 2,629<br />

KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. Puzant C.........................56,130<br />

KRIKORIAN ENDOWMENT FUND, Rev. Samuel C<strong>of</strong>fin..........................45,127<br />

KRIKORIAN ENDOWMENT FUND, Serge & Ann.......................... 164,531<br />

KRIKORIAN ENDOWMENT FUND, Yesayi & Jemile......................... 1,659<br />

KRIKORIAN MEMORIAL FUND, Harry.............................................. 1,391<br />

KRIKORIAN MEMORIAL FUND, Sarkis Sr......................................... 2,975<br />

KULJIAN ENDOWMENT FUND, Arthur H............................................. 830<br />

KULJIAN ENDOWMENT FUND, Edward H........................................ 1,327<br />

KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul............................. 263<br />

KUMJIAN ENDOWMENT FUND, Charles J....................................... 1,659<br />

KUMJIAN ENDOWMENT FUND, Vartan N........................................... 541<br />

KUPALIAN END. FUND, Osanna, Hoohanes & Esther.................... 14,019<br />

KUPEYAN MEMORIAL FUND, Alice..................................................... 108<br />

KURKJIAN MEMORIAL FUND, Daniel............................................... 7,766<br />

KURKLIAN MEMORIAL FUND, Rose................................................. 1,402<br />

KUSSAJIKIAN ENDOWMENT FUND, Hagop Vartivar....................... 7,914<br />

KUYUMJIAN ENDOWMENT FUND, Dikran.......................................... 332<br />

LAPP ENDOWMENT FUND, Tim & Laura...........................................5,411<br />

LAZAR MEMORIAL FUND, Isaac N................................................... 1,555<br />

LEONIAN ENDOWMENT FUND, Rev. Rene & Sylvie........................ 3,599<br />

LEVONIAN ENDOWMENT FUND, Rev. & Mrs. P. & S....................... 6,196<br />

LEVONIAN ENDOWMENT FUND, Rakel.............................................. 332<br />

LEVONIAN MEMORIAL FUND, Elia, Mariam & Louise.................... 81,695<br />

LEVONIAN MEMORIAL FUND, Levon T............................................ 1,709<br />

LEVONIAN MEMORIAL FUND, Yervant & Virginia...........................11,406<br />

LION ENDOWMENT FUND, Alfred Jr. & Pearl................................. 13,982<br />

LOUSIN ENDOWMENT FUND, Mr. & Mrs. Max................................. 2,363<br />

LOUSSARARIAN ENDOWMENT FUND, Hagop & Arsha.................32,411<br />

35


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

LUCAS ENDOWMENT FUND, Mr. & Mrs. Zaven............................... 2,165<br />

LULEJIAN ENDOWMENT FUND, Araxie.............................................. 873<br />

LULEJIAN MEMORIAL FUND, John Melkon.................................... 10,843<br />

MACER ENDOWMENT FUND, Dr. & Mrs. George A............................ 263<br />

MACKITAR ENDOWMENT FUND, Rev. & Mrs. S. M......................... 3,948<br />

MACKTARIAN ENDOWMENT FUND, Harry......................................... 422<br />

MAGARIAN ENDOWMENT FUND, Gasper & Aznive........................ 2,629<br />

MAGARIAN MEMORIAL FUND, Armorel M....................................... 7,624<br />

MAGAZANIAN ENDOWMENT FUND, Peter......................................... 332<br />

MAGHAKIAN ENDOWMENT FUND, Armenouhi............................. 51,274<br />

MAGZANIAN ENDOWMENT FUND, Samuel & Victoria.................. 53,463<br />

MAGZANIAN MEMORIAL FUND, Manasseh H. & Mary.................... 2,121<br />

MAHIGIAN ENDOWMENT FUND, Krikor.............................................. 932<br />

MAHJOUBIAN ENDOWMENT FUND, Roupen.................................. 3,394<br />

MAHJOUBIAN ENDOWMENT FUND, Roupen..................................... 616<br />

MAHSEREJIAN ENDOWMENT FUND, Jamile..................................... 449<br />

MAHSEREJIAN MEMORIAL FUND, Lydia............................................ 326<br />

MAHSHIGIAN MEMORIAL FUND, Rev. Sdepan H............................ 5,663<br />

MAISSIAN ENDOWMENT FUND, Edward & Mother............................ 332<br />

MAKANIAN MISSIONARY FUND, Rahel & Osanna...................... 109,197<br />

MALIAN ENDOWMENT FUND, Mr. & Mrs. Arthur............................ 47,039<br />

MALIAN ENDOWMENT FUND, Shaharzoum....................................... 691<br />

MALJANIAN ENDOWMENT FUND, Edward A................................. 48,209<br />

MALJANIAN ENDOWMENT FUND, Mrs. H. & Eddie............................ 665<br />

MALJANIAN ENDOWMENT FUND, Takoohi......................................... 286<br />

MALOOTIAN MEMORIAL FUND, Estate <strong>of</strong> Azniv Agnes................. 66,455<br />

MALOOTIAN MEMORIAL FUND, Maritza............................................. 504<br />

MAMARIAN MEMORIAL FUND, Ashot & Dikranouhi............................ 740<br />

MANASIAN MEMORIAL FUND, Rose................................................ 1,292<br />

MANAVIAN MEMORIAL FUND, Rev. & Mrs. Garabed....................... 5,654<br />

MANGURIAN ENDOWMENT FUND, Mr. & Mrs. Harry.................... 10,274<br />

MANIS ENDOWMENT FUND, Dr. & Mrs. Edward T........................... 1,082<br />

MANISHAGIAN ENDOWMENT FUND, Edward & John................... 61,635<br />

MANJELIKIAN ENDOWMENT FUND, Yeghia & Lucy........................ 6,873<br />

MANOOGIAN ENDOWMENT FUND, Manoog T.............................. 50,781<br />

MANOOGIAN ENDOWMENT FUND, Paul C................................... 74,687<br />

MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Richard.................. 1,353<br />

MANOOGIAN MEMORIAL FUND, Esther & Garabed........................... 237<br />

MANOOGIAN MEM’L FUND, Hovhannes & Denchaly....................... 2,805<br />

MANOOGIAN MEMORIAL FUND, Leonard A.................................... 2,678<br />

MANOOGIAN MEMORIAL FUND, Madeline.......................................4,711<br />

MANOOGIAN MEM’L FUND, Vahan & Aghavnie (Courian)........................4,632<br />

MANOOKIAN ENDOWMENT FUND, Ephronia..................................... 704<br />

MANOUGIAN ENDOWMENT FUND, Dr. & Mrs. Ara............................. 384<br />

MANOUGIAN ENDOWMENT FUND, Maritza.................................... 2,030<br />

MANOUGIAN FAMILY FUND, Nerses & Marie................................... 6,297<br />

MANOUKIAN END. FUND, Manouk B. & Moses E............................ 7,639<br />

MANOUKIAN END.FUND, Moses B. & Rose E............................... 35,598<br />

MANOUKIAN ENDOWMENT FUND, Paul & Dona............................ 1,252<br />

MANOUKIAN MEMORIAL FUND, Elize Kardzair............................. 14,531<br />

MANOUSHAGIAN ENDOWMENT FUND, Berj M................................. 812<br />

MANUELIAN ENDOWMENT FUND, Agnes T.................................... 5,563<br />

MANUSHAKIAN ENDOWMENT FUND, Harry...................................... 263<br />

MARACHLIAN ENDOWMENT FUND, Samuel & Gladys................... 1,249<br />

MARANJIAN ENDOWMENT FUND, George & Rosy......................... 2,727<br />

MARBURGER END. FUND, Dr. & Mrs. Richard & Mary....................... 942<br />

MARDEROSIAN END. FUND (MARTYR), Agnes Oskanian....................... 17,391<br />

MARDEROSIAN END. FUND (MARTYR), Elijha Paul..................... 17,391<br />

MARDEROSIAN END. FUND (MARTYR), Lt. Col. Johnny Paul...... 17,391<br />

MARDEROSIAN MEM’L FUND, Mesrob & Dickranouhi..................... 2,573<br />

MARDIAN ENDOWMENT FUND, Mr. & Mrs. Samuel Jr...........................46,452<br />

MARDIGUIAN ENDOWMENT FUND, Arpine................................... 17,241<br />

MARDIGUIAN END. FUND, Mr. & Mrs. Steven Y............................. 21,710<br />

MARDIGUIAN MEMORIAL FUND, Lydia Melene............................... 2,016<br />

MARDIROSIAN ENDOWMENT FUND, Garabed & Quhar................... 148<br />

MARDIROSIAN ENDOWMENT FUND, Mardiros K........................... 1,698<br />

MARDIROSSIAN END. FUND, Mr. & Mrs. Mardiros.......................... 7,886<br />

MARGANIAN END. FUND, Rev. & Mrs. Mardiros............................ 28,109<br />

MARGOSIAN ENDOWMENT FUND, Zaven & Gladys....................... 2,679<br />

MARGOSIAN MEMORIAL FUND, Haig.............................................. 7,750<br />

MARGOZIAN ENDOWMENT FUND, Elizabeth..................................... 271<br />

36<br />

MARKARIAN ENDOWMENT FUND, Charles & Elizabeth.................... 271<br />

MARKARIAN ENDOWMENT FUND, Gilbert & Agnes........................... 271<br />

MARKARIAN ENDOWMENT FUND, Varsenig...................................... 541<br />

MARKARIAN ENDOWMENT FUND, Dr. & Mrs. Yervant.................... 5,481<br />

MAROUKIAN ENDOWMENT FUND, Mr. Gregory............................. 7,224<br />

MARSUBIAN MEMORIAL FUND, Onan & Arousiag............................. 921<br />

MARTHAYAN ENDOWMENT FUND, Rose........................................... 377<br />

MARTIESIAN ENDOWMENT FUND, Lazarus...................................... 271<br />

MASHIKIAN ENDOWMENT FUND, Steve E...................................... 5,257<br />

MASON ENDOWMENT FUND, Mr. & Mrs. John................................... 162<br />

MAST MEMORIAL ENDOWMENT FUND, Harold E........................ 17,391<br />

MASUMIAN MEMORIAL FUND, Estate <strong>of</strong> Nathan............................. 9,856<br />

MATEOSIAN ENDOWMENT FUND, Samuel........................................ 490<br />

MATHSON ENDOWMENT FUND, Archie & Stella........................... 67,404<br />

MATIGIAN MEMORIAL FUND, Lucy.................................................11,912<br />

MATOSSIAN ENDOWMENT FUND, Alex & Helen............................. 9,462<br />

MATOSSIAN ENDOWMENT FUND, Mr. & Mrs. Michael....................... 221<br />

MATOSSIAN ENDOWMENT FUND, Dr. Nerses Y. & Ruth.................6,110<br />

MATOSSIAN ENDOWMENT FUND, Sarkis.......................................... 255<br />

MATOSSIAN THEOL’L FUND, Mateos & Josephine........................ 13,938<br />

MATTHEWS END. FUND, Mr. & Mrs. Newton C............................ 424,287<br />

MATTHEWS MEMORIAL FUND, Esther............................................ 3,388<br />

MAYBALIAN MEMORIAL FUND, John............................................. 10,229<br />

MC IVER ENDOWMENT FUND, Robert & Myrtle.............................. 1,938<br />

MCKINNON END. FUND, Rev. Alvin & Dorothy Azadian................. 18,949<br />

MEDZARENTZ ENDOWMENT FUND, Takouhi................................. 3,012<br />

MEDZIAN ENDOWMENT FUND, Edward & Gloria............................ 8,509<br />

MEDZIAN ENDOWMENT FUND, Vivian............................................ 5,454<br />

MEEKER MEMORIAL FUND, Estate <strong>of</strong> Elise....................................11,938<br />

MEGERDITCHIAN ENDOWMENT FUND, Takouhi...........................11,258<br />

MEGERDITCHIAN MEMORIAL FUND, Mary..................................... 1,402<br />

MEGHRIGIAN ENDOWMENT FUND, Mr. & Mrs. Gary M..................... 894<br />

MEGHRIGIAN FAMILY ENDOWMENT FUND.................................. 20,656<br />

MEGURDICHIAN ENDOWMENT FUND, Mr. & Mrs. Mike.................... 271<br />

MEHAGIAN ENDOWMENT FUND..................................................... 3,190<br />

MEKENIAN ENDOWMENT FUND, Araxy............................................. 913<br />

MEKHJIAN ENDOWMENT FUND, Dr. & Mrs. Haroutune.................. 1,479<br />

MEKITARIAN ENDOWMENT FUND, Azniv & Children...................... 2,301<br />

MEKITARIAN MEMORIAL FUND, Arshavir........................................ 1,281<br />

MELCON ENDOWMENT FUND, Mr. & Mrs. James L...................... 12,759<br />

MELCONIAN ENDOWMENT FUND, Melcon & Hilda....................... 10,567<br />

MELEKIAN ENDOWMENT FUND, Apel................................................ 624<br />

MELEKIAN ENDOWMENT FUND, Frances E.................................... 2,227<br />

MELIAN ENDOWMENT FUND, Mr. & Mrs. John................................ 1,314<br />

MELIKIAN ENDOWMENT FUND, Carl B......................................... 63,793<br />

MELIKIAN ENDOWMENT FUND, Mr. & Mrs. Paul............................. 2,705<br />

MELKONIAN END. FUND, Mr. & Mrs. Garabed................................. 2,705<br />

MELKONIAN ENDOWMENT FUND, Rev. John............................... 32,292<br />

MERJANIAN ENDOWMENT FUND, Dr. & Mrs. Antipas........................ 526<br />

MERJANIAN ENDOWMENT FUND, Garabed & Eftemia................... 5,916<br />

MERJANIAN ENDOWMENT FUND, Panos & Mariam..................... 53,917<br />

MERJANIAN END. FUND, Vosgeperan & Josephine....................... 93,461<br />

MESROBIAN MEMORIAL FUND, Serpouhi..................................... 27,141<br />

MESSERLIAN ENDOWMENT FUND, Paul & Geralyn....................... 2,109<br />

MESSERLIAN ENDOWMENT FUND, Robert & Gloria...................... 7,087<br />

MESTJIAN ENDOWMENT FUND, Dr. Harry...................................... 2,322<br />

MESTJIAN ENDOWMENT FUND, Rose.......................................... 22,438<br />

MEZIAN ENDOWMENT FUND, Araxy................................................... 726<br />

MGRDICHIAN HEKIMIAN ENDOWMENT FUND, Esther.................11,837<br />

MGRDITCHIAN MEMORIAL FUND, Joseph...................................... 3,265<br />

MIADZINIAN ENDOWMENT FUND, Verkine........................................ 557<br />

MICHAELIAN ENDOWMENT FUND, Donald & Carolyn.................... 9,895<br />

MICHAELIAN ENDOWMENT FUND, Lucia........................................ 1,825<br />

MICHAELIAN MEMORIAL FUND, Mary............................................. 2,344<br />

MICKAELIAN MEMORIAL FUND, Fred Sr......................................... 1,249<br />

MILCONIAN ENDOWMENT FUND, Rose Khatir............................... 3,089<br />

MILLER ENDOWMENT FUND, Anna Chaghatzbanian...................... 8,240<br />

MINAESIAN MEM’L FUND, Rev. Artavazd & Sirpouhi..................... 53,168<br />

MINASIAN ENDOWMENT FUND, Onnig & Vartuhi.......................... 66,363<br />

MINASIAN ENDOWMENT FUND, Vasken......................................... 1,161<br />

MINASSIAN END. FUND, Rev. G. Diran & Lydia............................. 36,631


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

MINASSIAN ENDOWMENT FUND, John.............................................. 332<br />

MINASSIAN END. FUND, Nazaret, Anna & Manoug Kochakian...........................2,246<br />

MINNETIAN END. FUND, Aram Robert & Tiffany N........................... 6,616<br />

MINNETIAN MEMORIAL FUND, Aram & Nevart.............................. 37,212<br />

MINOR ENDOWMENT FUND, Dr. & Mrs. Allen H................................. 271<br />

MIRAK ENDOWMENT FUND, John................................................. 10,564<br />

MIRIDJANIAN ENDOWMENT FUND, Dr. Anoush.............................. 1,353<br />

MISSAKIAN ENDOWMENT FUND, Dr. & Mrs. Michael..................... 6,467<br />

MISSIRIAN ENDOWMENT FUND, Mr. & Mrs. John........................... 2,629<br />

MISSISSYAN ENDOWMENT FUND, Dr. Kegham A........................ 23,438<br />

MKITARIAN ENDOWMENT FUND, Joyce......................................... 1,040<br />

MOFFSES MEMORIAL FUND, Edwin...............................................11,373<br />

MOMJIAN ENDOWMENT FUND, Mr. & Mrs. Albert......................... 41,169<br />

MOMJIAN ENDOWMENT FUND, Mr. & Mrs. Mihran............................ 332<br />

MOODOYAN ENDOWMENT FUND, Rev. & Mrs. Hagop................. 23,228<br />

MOOMJIAN ENDOWMENT FUND, Rev. Melvin V................................ 398<br />

MOOMJY ENDOWMENT FUND, Mr. & Mrs. George S......................... 526<br />

MOORADIAN ENDOWMENT FUND, Mr. & Mrs. Richard..................... 526<br />

MOORADIAN ENDOWMENT FUND, Sarah Siranoush..................... 2,821<br />

MOORADIAN ENDOWMENT FUND, Sarkis & Mary Paul............... 54,213<br />

MOORDIGIAN CLINIC FUND, Nazaret & Maritza............................ 33,181<br />

MORADIAN END. FUND, Hon Judge & Mrs Ralph............................ 1,314<br />

MORAMARCO ENDOWMENT FUND, Mrs. Zaroohi.......................... 1,353<br />

MORANIAN MASERIAN END. FUND, Manuel M. & Ovsanna..........................21,880<br />

MOROUKIAN ENDOWMENT FUND, Virginia.................................... 2,975<br />

MOSEKIAN ENDOWMENT FUND, A.................................................... 451<br />

MOUMDJIAN MEMORIAL FUND, Barkev............................................. 874<br />

MOUMJIAN END. FUND, Hampartzum & Makrouhy........................ 12,712<br />

MOURAD MEMORIAL FUND, H. Khachadour................................... 2,698<br />

MOURAD MEMORIAL FUND, Richard A........................................... 2,092<br />

MOURAD MEMORIAL FUND, Virginia (H.K.)..................................... 1,325<br />

MOURADIAN END. FUND, Armen M. & Arousiag............................ 40,903<br />

MOURADIAN ENDOWMENT FUND, Herair & Sirvart.....................113,941<br />

MOURADIAN ENDOWMENT FUND, Hratch & Kohar...................... 39,683<br />

MOURADIAN ENDOWMENT FUND, Mr. & Mrs. K............................... 564<br />

MOURADIAN ENDOWMENT FUND, Leon H................................... 85,432<br />

MOURADIAN ENDOWMENT FUND, Dr. Mary G............................. 40,332<br />

MOURADIAN MEMORIAL FUND, Edward......................................... 1,249<br />

MOUSHKANIAN ENDOWMENT FUND, John....................................... 332<br />

MOUSIAN ENDOWMENT FUND, Lee & Azniv................................ 54,091<br />

MOVSESIAN ENDOWMENT FUND, Mr. Arthur................................. 2,830<br />

MOVSESYAN ENDOWMENT FUND, Rose Syranoushe...................... 704<br />

MOWSESIAN ENDOWMENT FUND, Oozhenig................................ 2,168<br />

MUGAR (YEMENIJIAN) MEM’L FUND, Mr./Mrs. Charles & Eliza.......... 4,928<br />

MUGAR MEMORIAL FUND, Gregory M. & Maritza M..................... 14,021<br />

MUGRDITCHIAN MEMORIAL FUND, Minas & Mihranoush......................4,876<br />

MUGRDITCHIAN MEMORIAL FUND, Vram John.............................. 7,394<br />

MUGRDITCHIAN/MUGAR END. FUND, Rev. Youhanna & Ephronia....... 67,957<br />

MUKCHIAN ENDOWMENT FUND, Mugerdich & Mariam....................... 3,651<br />

MUNCHERIAN BROS. ENDOWMENT FUND....................................... 332<br />

MUNCHERIAN ENDOWMENT FUND, Krikor & Rosina..................... 2,805<br />

MURADIAN ENDOWMENT FUND, Sam & Dora............................. 13,213<br />

MURADIAN MEMORIAL FUND, Dora................................................ 1,584<br />

MURADIAN MEMORIAL FUND, Lem................................................. 1,131<br />

MURADIAN MEMORIAL FUND, Murad & Yevkin............................. 88,265<br />

MUSHEGAN ENDOWMENT FUND, Mack & Nellie........................... 6,026<br />

MUSSELMAN MEMORIAL FUND, George A..................................... 2,092<br />

NAHABEDIAN ENDOWMENT FUND, Samuel................................... 1,692<br />

NAHABEDIAN END. FUND, Mr. & Mrs. Theodore............................. 1,659<br />

NAHABEDIAN END. FUND, Theodore & Benjamin........................... 1,314<br />

NAHIGIAN ENDOWMENT FUND, M. H............................................. 6,250<br />

NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Movses....................... 4,894<br />

NAHIGIAN ENDOWMENT FUND, Raymond & Marie.................... 143,779<br />

NAHIGIAN MEMORIAL FUND, Edward & Kenneth.......................... 24,197<br />

NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Arsen............................. 271<br />

NAJARIAN ENDOWMENT FUND, Matthew & Florence.................... 1,657<br />

NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Vay............................. 4,733<br />

NAJARIAN FAMILY END. FUND, Baidzar & Milton.......................... 36,629<br />

NAJARIAN MEMORIAL FUND, George & Elizabeth.......................... 8,937<br />

NAJARIAN MEMORIAL FUND, John O................................................. 544<br />

NAJARIAN MEMORIAL FUND, Larry................................................. 6,213<br />

NAKASHIAN ENDOWMENT FUND, H. H. & Sons........................... 25,887<br />

NALBANDIAN ENDOWMENT FUND, Mr. & Mrs. Jack.................... 34,493<br />

NALBANDIAN ENDOWMENT FUND, Khoren & Seta........................ 1,019<br />

NALBANDIAN ENDOWMENT FUND, Dr. & Mrs. Vahe...................... 3,496<br />

NARGOZIAN ENDOWMENT FUND, Elizabeth..................................... 271<br />

NASON FAMILY ENDOWMENT FUND, George B............................ 3,347<br />

NAZARIAN FAMILY ENDOWMENT FUND, Charles............................ 829<br />

NAZARIAN ENDOWMENT FUND, Alice & Artine..............................11,083<br />

NAZARIAN ENDOWMENT FUND, Alice Artine...............................119,884<br />

NAZARIAN ENDOWMENT FUND, Ebruhi............................................. 415<br />

NAZARIAN ENDOWMENT FUND, George & Louise....................... 66,334<br />

NAZARIAN ENDOWMENT FUND, George K. & Lucy G....................... 12,661<br />

NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Henri........................ 23,330<br />

NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Nazar............................ 271<br />

NAZARIAN MEMORIAL FUND, Alice................................................. 5,447<br />

NAZARIAN MEMORIAL FUND, Michael............................................... 745<br />

NAZARIAN MEMORIAL FUND, Nazar............................................... 3,674<br />

NAZARIAN MEMORIAL FUND, Nazareth........................................ 34,106<br />

NAZARIAN MEMORIAL FUND, Noubar................................................ 795<br />

NEDOURIAN MEMORIAL FUND, Dickranouhy............................. 100,950<br />

NERGARARIAN ENDOWMENT FUND, Haroutune.............................. 471<br />

NERSO ENDOWMENT FUND, Haig & Zarouhi.................................... 516<br />

NIGOSIAN ENDOWMENT FUND, Haroutune....................................... 332<br />

NIGOSSIAN MEMORIAL FUND, Hrandine & Solomon...................... 1,391<br />

NISHAN ENDOWMENT FUND, Mr. & Mrs. Dagavarian................. 800,609<br />

NORADOUNKIAN ENDOWMENT FUND, Mr. & Mrs. Souren....................... 969<br />

NORAIR ENDOWMENT FUND, Anne E............................................. 4,098<br />

NORHAD ENDOWMENT FUND, Mr. & Mrs. O. M................................ 271<br />

NORIAN ENDOWMENT FUND, Edward & Sandra............................... 148<br />

NORIAN ENDOWMENT FUND, Hagop Jay..................................... 68,789<br />

NORIAN ENDOWMENT FUND, Kevork & Helen............................... 7,869<br />

NOURJIAN ENDOWMENT FUND, Mihran......................................... 3,370<br />

NOURKHANIAN ENDOWMENT FUND, John....................................... 332<br />

NOURKHANIAN MEMORIAL FUND, Alice....................................... 93,097<br />

NUYUJUKIAN ENDOWMENT FUND, Hratch & Hasmig....................... 541<br />

NUYUJUKIAN ENDOWMENT FUND, Rev. & Mrs. Soghomon........ 32,026<br />

O’BRIEN (TEZEKJIAN) ENDOWMENT FUND, Marguerite................ 3,996<br />

OFLAZIAN MEMORIAL FUND, Movses & Margaret............................. 894<br />

OGHIGIAN ENDOWMENT FUND, Niva S............................................. 271<br />

OGHIGIAN ENDOWMENT FUND, Virginia...................................... 21,251<br />

OHANESIAN ENDOWMENT FUND, Ann........................................... 1,503<br />

OHANIAN ENDOWMENT FUND, Mr. & Mrs. Ara J............................... 496<br />

OHANIAN ENDOWMENT FUND, Mr. & Mrs. Haig................................ 395<br />

OHNIGIAN ENDOWMENT FUND, Mr. & Mrs. S............................... 13,015<br />

ORDJANIAN ENDOWMENT FUND, Nikit & Eleanora........................... 148<br />

OUNAN ESTATE ENDOWMENT FUND, Louise............................ 312,969<br />

OUNJIAN MEMORIAL FUND, Noury & Lydia..................................... 1,249<br />

OUSDIGIAN ENDOWMENT FUND, Mr. & Mrs. Oksent........................ 740<br />

OUYOUMJIAN ENDOWMENT FUND, Krikor & Emelia................... 67,071<br />

OUZOUNIAN ENDOWMENT FUND, Mr. & Mrs. Mike.................... 206,134<br />

OVHANESIAN ENDOWMENT FUND, Vartan....................................... 332<br />

OZSAN ENDOWMENT FUND, Takvor.................................................. 321<br />

PABOOJIAN MEMORIAL FUND, John............................................... 3,363<br />

PAKCHOIAN ENDOWMENT FUND, Mr. & Mrs. John D............. 1,178,558<br />

PALOIAN ENDOWMENT FUND, Helen............................................. 2,301<br />

PALOUTZIAN MEMORIAL FUND, Jack V.......................................... 1,763<br />

PAMBAKIAN MEMORIAL FUND, Hagop............................................ 1,853<br />

PAMBAKIAN MEMORIAL FUND, Madeleine...................................... 3,057<br />

PAMPEYAN ENDOWMENT FUND, Mr. & Mrs. William H.................. 4,451<br />

PANNOSIAN ENDOWMENT FUND, Jack.......................................... 3,651<br />

PANOSSIAN ENDOWMENT FUND, Satenig & Onnig....................... 4,975<br />

PAPAJIAN ENDOWMENT FUND, Hanna.............................................. 382<br />

PAPAZIAN ENDOWMENT FUND, Dr. Dennis.................................... 4,004<br />

PAPAZIAN ENDOWMENT FUND, Haig G.......................................... 2,096<br />

PARAGHAMIAN ENDOWMENT FUND, Berg & Mary........................ 9,348<br />

PARAGHAMIAN ENDOWMENT FUND, Zarman............................... 2,998<br />

PARECHANIAN ENDOWMENT FUND, D. & M................................. 1,488<br />

PAREGIAN MEMORIAL FUND, George..............................................2,111<br />

PARENTZ ENDOWMENT FUND, Mr. J................................................. 332<br />

PARMAKS ENDOWMENT FUND, Peter (Puzant)............................ 17,521<br />

PARMAKS ENDOWMENT FUND, William............................................ 548<br />

37


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

PARSEGHIAN ENDOWMENT FUND, Richard.................................. 3,402<br />

PARSEKIAN ENDOWMENT FUND, Lucy & Ned J.......................... 35,493<br />

PARSEKIAN ENDOWMENT FUND, Sampson & Satineg.................. 7,141<br />

PARTIN MEMORIAL FUND, Terry Glenn............................................ 6,762<br />

PASDERMAJIAN ENDOWMENT FUND, Yervant................................. 271<br />

PAULSON ENDOWMENT FUND, Paul & Laura.............................. 39,652<br />

PAYNE MEMORIAL FUND, Elizabeth Caraman............................... 15,187<br />

PEKMEZIAN ENDOWMENT FUND, H............................................... 9,575<br />

PEREZ ENDOWMENT FUND, Antonio & Carol Bezirganian............. 9,503<br />

PETERS ENDOWMENT FUND, Edward............................................... 271<br />

PETERS ENDOWMENT FUND, Mr. & Mrs. Leon S......................... 13,525<br />

PHILIBOSIAN ENDOWMENT FUND, Fred........................................ 4,896<br />

PHILIBOSIAN ENDOWMENT FUND, Mr. & Mrs. Harold....................... 507<br />

PHILIBOSIAN ENDOWMENT FUND, John & Eugenie.....................11,849<br />

PHILIBOSIAN MEMORIAL ENDOWMENT FUND, Ruth.................. 31,221<br />

PHILIPIAN ENDOWMENT FUND, Garabed & Myrani...................... 33,646<br />

PHILLIAN ENDOWMENT FUND, Alex M. & Victoria.........................11,816<br />

PHILLIPS ENDOWMENT FUND, Mr. & Mrs. Gary & Arsine............... 3,807<br />

PHILLIPS ENDOWMENT FUND, George & Suzie............................. 8,392<br />

PILAVDJIAN ENDOWMENT FUND, Arslan & Akabi........................... 1,402<br />

PILIBOS MEMORIAL FUND, Alex.................................................... 16,592<br />

PIRANIAN ENDOWMENT FUND, Armen........................................... 1,506<br />

PIRANIAN ENDOWMENT FUND, Simon & Louise.......................... 81,601<br />

PISA ENDOWMENT FUND, Mr. & Mrs. Michael................................ 1,353<br />

POLADIAN ENDOWMENT FUND, Araxie...........................................2,511<br />

POLADIAN ENDOWMENT FUND, Mr. & Mrs. Baruyr A..................... 1,082<br />

POLADIAN ENDOWMENT FUND, Dikran............................................. 485<br />

POLADIAN ENDOWMENT FUND, Zabel........................................... 8,937<br />

POLADIAN MEMORIAL END. FUND, Apraham & Zarouhie................. 469<br />

POLADIAN MEMORIAL ENDOWMENT FUND, Sam............................ 281<br />

POLOSHIAN MEMORIAL FUND, Narthooe Nahigian...................... 45,404<br />

PROOD ENDOWMENT FUND, Mareza............................................. 2,782<br />

PROODIAN ENDOWMENT FUND, Stella & Mary.............................. 3,556<br />

PUSKULJIAN MEMORIAL FUND, Vartouhie...................................... 3,105<br />

RAINEY ENDOWMENT FUND, Henry & Helen............................. 244,187<br />

RAINEY ENDOWMENT FUND, Mr. & Mrs. James H......................... 3,394<br />

RAPOPORT ENDOWMENT FUND, Mr. & Mrs. James...................... 1,314<br />

REJEBIAN ENDOWMENT FUND, Mr. & Mrs. Vahram..................... 13,579<br />

REJEBIAN ENDOWMENT FUND, Vesta............................................ 2,219<br />

REJEBIAN MEMORIAL FUND, Nazareth & Rosa.............................. 3,888<br />

REMINGTON MEMORIAL FUND, James Kevin.................................... 957<br />

RENJILIAN ENDOWMENT FUND, Rev. & Mrs. Mihran................... 34,526<br />

ROBERTS ENDOWMENT FUND, Elizabeth B................................... 2,629<br />

ROBINSON MEMORIAL FUND, Dorothy A...................................... 25,471<br />

ROUBIAN ENDOWMENT FUND, Dr. & Mrs. Vahe S....................... 29,021<br />

RUBYAN ENDOWMENT FUND, Rev. & Mrs. P.................................11,250<br />

RUSTIGIAN ENDOWMENT FUND, Mr. & Mrs. Kay D.......................... 271<br />

RUZIAN & FAMILY FUND, Rev. H...................................................... 7,798<br />

SAATJIAN MEMORIAL FUND, Haiganoush....................................... 2,207<br />

SADAKIAN MEMORIAL FUND, Rev. & Mrs. Assadour & Angele....... 5,209<br />

SAFARJIAN ENDOWMENT FUND, David......................................... 3,140<br />

SAGATELIAN ENDOWMENT FUND, Barkev K................................. 1,774<br />

SAHAKIAN MEMORIAL FUND, Joseph & Lucille........................... 248,871<br />

SAKLEM ENDOWMENT FUND, Rebecca R...................................... 4,697<br />

SALAKIAN MEMORIAL FUND, Luther............................................... 1,277<br />

SALIBIAN ENDOWMENT FUND, Mr. & Mrs. Hrag........................... 95,122<br />

SALIBIAN ENDOWMENT FUND, Mr. & Mrs. Kourken & Ara........... 17,291<br />

SALIBIAN ENDOWMENT FUND, Souren, Alex, Haig & Nora.......... 10,397<br />

SALIBIAN ENDOWMENT FUND, Rev. & Mrs. Vahram.................... 23,084<br />

SALIBIAN MEMORIAL FUND, Henri..................................................... 637<br />

SALVERIAN ENDOWMENT FUND, Leon & Arshalouyse................ 93,929<br />

SAMERJIAN ENDOWMENT FUND, Benjamin................................. 40,223<br />

SAMUELIAN ENDOWMENT FUND, K.................................................. 726<br />

SAMUELIAN ENDOWMENT FUND, Mr. & Mrs. Karl............................. 271<br />

SANOSSIAN ENDOWMENT FUND, Florence & Joseph................. 25,175<br />

SANTURIAN ENDOWMENT FUND, Nubar & Dorothy....................... 1,829<br />

SAPRICHIAN ENDOWMENT FUND, Altoon & Sara...................... 179,618<br />

SARAJIAN MEMORIAL FUND, Mesrop & Mary............................. 499,369<br />

SARAYDARIAN ENDOWMENT FUND, Richard & Martha.................... 148<br />

SARIAN ENDOWMENT FUND, Mr. & Mrs. Hratch............................. 1,051<br />

SARIAN ENDOWMENT FUND, Dr. & Mrs. Leon................................... 789<br />

SARIAN FOUNDATION ENDOWMENT FUND................................ 36,820<br />

SARIAN MEMORIAL FUND, Rev. Khatchik........................................... 807<br />

SARJANIAN ENDOWMENT FUND, Mr. & Mrs. Arshag..................... 3,503<br />

SARKISIAN (HOVANESIAN) ENDOWMENT FUND, Altoon............ 12,480<br />

SARKISIAN ENDOWMENT FUND, Beulah E....................................... 271<br />

SARKISIAN ENDOWMENT FUND, Charles....................................... 7,052<br />

SARKISIAN ENDOWMENT FUND, Dickran M. & Flora G............. 255,174<br />

SARKISIAN ENDOWMENT FUND, Dr. & Mrs. Krikor......................... 3,319<br />

SARKISIAN ENDOWMENT FUND, Richard & Sylvia....................... 19,128<br />

SARKISIAN MEMORIAL FUND, Edward G...................................... 26,779<br />

SARKISIAN MEMORIAL FUND, Mr. Vartan....................................... 2,034<br />

SARKISSIAN ENDOWMENT FUND, Hagop & Helene Hasmig............ 871<br />

SARKISSIAN ENDOWMENT FUND, Rev. Robert & Therese............ 4,267<br />

SARKISSIAN MEM’L END. FUND, Hovhannes & Haigouhi............... 8,544<br />

SARKOSHIAN ENDOWMENT FUND, Araxie................................... 28,359<br />

SARYAN ENDOWMENT FUND, Mr. & Mrs. Makar............................ 2,629<br />

SEELY MEMORIAL FUND, Bob I. & Isabelle.................................... 12,969<br />

SEMERJIAN ENDOWMENT FUND, Alice & Marjorie....................... 27,862<br />

SENEKJIAN ENDOWMENT FUND, Arshag & Meroum................... 15,891<br />

SERIJANIAN ENDOWMENT FUND, Dicran & Armine..................... 65,386<br />

SERRAJIAN MEMORIAL FUND, Hovhannes & Haiganoush............. 1,626<br />

SEYMOUR ENDOWMENT FUND, Mr. & Mrs. Michael......................... 509<br />

SHACHIAN MEMORIAL FUND, Ann & Lee........................................ 4,696<br />

SHAFFER ENDOWMENT FUND, Mr. & Mrs. R. F................................. 271<br />

SHAHINIAN ENDOWMENT FUND, Mr. & Mrs. Andrew..................... 1,353<br />

SHAHINIAN ENDOWMENT FUND, Dr. S........................................... 1,693<br />

SHAHINIAN ENDOWMENT FUND, Mr. & Mrs. S............................... 1,104<br />

SHAHINIAN MEMORIAL FUND, Harry.................................................. 473<br />

SHAKARIAN ENDOWMENT FUND, David B..................................311,078<br />

SHAKARIAN ENDOWMENT FUND, Zabel........................................... 271<br />

SHAKARIAN MEMORIAL FUND, Tzolak Henry................................. 6,735<br />

SHAMASSIAN MEMORIAL FUND, Manishag....................................... 804<br />

SHAMLIAN ENDOWMENT FUND, George........................................... 631<br />

SHAMLIAN ENDOWMENT FUND, Dr. Martin.................................... 2,716<br />

SHAMLIAN MEMORIAL FUND, Arpie & Toros................................... 6,217<br />

SHAMLIAN MEMORIAL FUND, James Puzant...................................8,115<br />

SHANOIAN ENDOWMENT FUND, Mr. & Mrs. Peter......................... 1,894<br />

SHARABJIAN MEMORIAL FUND, Haiganoosh & John..................... 5,545<br />

SHARIAN ENDOWMENT FUND, Bedros M. & Vartouhi.................... 2,894<br />

SHEETS MEMORIAL FUND, Thomas Paul....................................... 1,434<br />

SHEGOIAN ENDOWMENT FUND, Ardson & Gladys........................ 1,402<br />

SHERENE ENDOWMENT FUND, Berjouhi K.................................. 10,843<br />

SHIPLEY MEMORIAL FUND, Alice M................................................ 3,418<br />

SHIRAJIAN LIBRARY FUND, Dr. & Mrs. Eliazar A............................. 9,310<br />

SHIRAJIAN MEMORIAL FUND, Dr. Emman...................................... 1,051<br />

SHIRINIAN ENDOWMENT FUND, Apisoghom.................................. 3,319<br />

SHISHMANIAN MEMORIAL FUND, Alice (Galipse)........................... 1,682<br />

SHMAVONIAN ENDOWMENT FUND, Rose N..................................... 271<br />

SHNORHOKIAN ENDOWMENT FUND, Rev. Manasseh................. 41,653<br />

SHNORHOKIAN MEMORIAL FUND, Hovhannes & Victoria.............. 2,322<br />

SHOOSHANIAN ENDOWMENT FUND, Mr. & Mrs. Edward.............. 2,705<br />

SHUSHAN ENDOWMENT FUND, Karekin........................................... 527<br />

SIMONIAN ENDOWMENT FUND, Mrs. John........................................ 332<br />

SIMONIAN ENDOWMENT FUND, Richard........................................ 1,845<br />

SIMOURIAN/BAGDASARIAN END. FUND, John & Michele........... 42,709<br />

SIMPADIAN EDUCATIONAL FUND, Diran......................................... 8,837<br />

SIRABONIAN ENDOWMENT FUND, Joseph & Victoria.................... 3,319<br />

SIRAGANIAN MEMORIAL FUND, Mihran & Arshagouhi................. 19,734<br />

SKAGGS SCHOLARSHIP FUND, Seeran & Hazel Ghazarian...... 125,912<br />

SOGHOMONIAN ENDOWMENT FUND, Mr. & Mrs. Hovhannes....... 1,095<br />

SOGHOMONIAN ENDOWMENT FUND, Samuel................................. 830<br />

SOGHOMONIAN MEMORIAL FUND, Avedis................................... 30,375<br />

SOGOMIAN ENDOWMENT FUND, Rev. & Mrs. Jirair....................... 6,535<br />

SOLAKIAN ENDOWMENT FUND, Dr. & Mrs. Haig............................ 3,394<br />

SOUKESIAN FAMILY ENDOWMENT FUND.................................... 22,464<br />

SOURENIAN MEMORIAL FUND, Lucy.......................................... 161,956<br />

STAMBOULIAN ENDOWMENT FUND, Rev. Garabed....................... 2,199<br />

38


GENERAL ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

STEDMAN MEMORIAL FUND, Phyllis Corrine.................................. 1,873<br />

STEIN JR. ENDOWMENT FUND, Mr. & Mrs. Joseph........................ 4,414<br />

STEIN MEMORIAL FUND, Rev. Joseph............................................. 3,891<br />

STEPANIAN ENDOWMENT FUND, Avedis........................................... 334<br />

STEPANIAN ENDOWMENT FUND, Ira & Jacquelynne........................ 665<br />

STEPHANIAN MEMORIAL FUND, Margaret.................................... 14,787<br />

STEPHEY ENDOWMENT FUND, Mr. & Mrs. Harry Jr....................... 2,705<br />

SULAHIAN ENDOWMENT FUND, Rev. & Mrs. S. K.......................... 8,976<br />

SULAHIAN MEMORIAL FUND, Rachel................................................. 221<br />

SUNUKJIAN ENDOWMENT FUND, Alice............................................. 271<br />

SUNUKJIAN ENDOWMENT FUND, Manoug........................................ 271<br />

SUNUKJIAN ENDOWMENT FUND, Movses........................................ 332<br />

SURABIAN ENDOWMENT FUND, Varter M.....................................11,128<br />

SURGEON MEMORIAL FUND, Adelaide........................................... 1,487<br />

SWAJIAN ENDOWMENT FUND, L....................................................... 332<br />

TABIBIAN ENDOWMENT FUND, Arshag........................................... 3,717<br />

TABIBIAN ENDOWMENT FUND, Dr. Dicran......................................... 840<br />

TABIBIAN ENDOWMENT FUND, Ovsanna........................................ 1,244<br />

TAFJEN ENDOWMENT FUND, Dr. Paul.......................................... 18,620<br />

TALANIAN ENDOWMENT FUND, Paul & Beverly........................... 24,584<br />

TAMZARIAN ENDOWMENT FUND, Mr. & Mrs. Kay........................ 13,594<br />

TARAKTZIAN END.FUND, Mr. & Mrs. Carlos & Nancy...................... 6,964<br />

TARTARIAN ENDOWMENT FUND, John.............................................. 398<br />

TARZIAN & SEMERJIAN FAMILY ENDOWMENT FUND................... 4,232<br />

TASHJIAN ENDOWMENT FUND, Berge.............................................. 812<br />

TASHJIAN ENDOWMENT FUND, Grace......................................... 21,027<br />

TASHJIAN ENDOWMENT FUND, Mr. & Mrs. Hurant............................ 812<br />

TASHJIAN ENDOWMENT FUND, Tourvanda....................................... 332<br />

TASHJIAN ENDOWMENT FUND, Vartan & Lydia.............................. 4,524<br />

TASHJIAN MEMORIAL FUND, Garabed & Zarouhi......................... 21,168<br />

TATARIAN ENDOWMENT FUND, Vahan........................................... 1,506<br />

TATARIAN MEMORIAL FUND, Zephyr............................................... 2,168<br />

TAVITIAN BAGDIKIAN ENDOWMENT FUND, Santookht.................. 1,479<br />

TELFEYAN MEMORIAL FUND, Robert.............................................. 2,247<br />

TELLALIAN ENDOWMENT FUND, Rebecca........................................ 581<br />

TELLALIAN MEMORIAL FUND, Ezras & Nellie............................... 33,181<br />

TERJANIAN ENDOWMENT FUND, Antaram..................................... 2,322<br />

TERKANIAN ENDOWMENT FUND, Mr. & Mrs. Harry.......................... 526<br />

TERZIAN ENDOWMENT FUND, Hranoush Poladian........................ 2,293<br />

TERZIAN ENDOWMENT FUND, John.................................................. 271<br />

TESHKOYAN ENDOWMENT FUND, Nevirag.................................... 1,659<br />

TEZEKJIAN MEMORIAL FUND, Edward A. & May I........................ 15,184<br />

TEZEL ENDOWMENT FUND, Dr. & Mrs. Jirayr.................................... 638<br />

THOMPSON ENDOWMENT FUND, Mr. & Mrs. Misak....................... 9,729<br />

TILKIAN MEMORIAL FUND, Sarko.................................................. 21,802<br />

TILKIAN SCHOLARSHIP FUND, Rev. Garabed & Nevart................ 43,725<br />

TIMOURIAN ENDOWMENT FUND, Setrak........................................... 398<br />

TOKATLIAN FAMILY ENDOWMENT FUND..................................... 85,750<br />

TOKMAJIAN ENDOWMENT FUND, Mr. & Mrs. John........................... 271<br />

TOMASSIAN MEMORIAL EDUCATIONAL FUND, Massak................. 513<br />

TOOMAYAN MEMORIAL FUND, Dirouhi, Dickran & Meline.............. 7,933<br />

TOOTIKIAN EDUCATIONAL FUND, Juliette..................................... 5,805<br />

TOOTIKIAN ENDOWMENT FUND, Rosette......................................... 850<br />

TOOTIKIAN ENDOWMENT FUND, Rev. Dr. Vahan........................... 6,892<br />

TOOTIKIAN MEMORIAL FUND, Keghanoush................................... 9,005<br />

TOPALIAN & FAMILY ENDOWMENT FUND, Mr. & Mrs. Jirair......... 20,862<br />

TOPALIAN ENDOWMENT FUND, Assadour......................................... 341<br />

TOPALIAN ENDOWMENT FUND, Paul & Naomi............................... 3,155<br />

TOPALIAN ENDOWMENT FUND, S..................................................... 532<br />

TOPALIAN MEMORIAL FUND, Assadour...............................................311<br />

TOPALIAN MEMORIAL FUND, Elizabeth........................................... 1,787<br />

TOPOUZIAN ENDOWMENT FUND, Hrant J.....................................11,273<br />

TORIGIAN ENDOWMENT FUND, Andrew & Rose.......................... 55,692<br />

TORO MEMORIAL FUND, Rev. Youhanna......................................... 1,708<br />

TOROSIAN MEMORIAL FUND, Viola................................................ 1,479<br />

TOROUNIAN ENDOWMENT FUND, Mr. & Mrs. Anton...................... 4,188<br />

TOSTZIAN ENDOWMENT FUND, Mr. & Mrs. Parilour.......................... 526<br />

TOURADIAN MEMORIAL FUND, Haiganoush...................................... 132<br />

TOURIAN ENDOWMENT FUND, Mr. & Mrs. Levon H....................114,332<br />

TOVMASSIAN SCHOLARSHIP FUND, Rev. Edward & Arousiag.... 45,275<br />

TOZJIAN MEMORIAL FUND, Rena M.............................................. 13,159<br />

TROTT MEMORIAL FUND, Arthur & Zarouhi..................................... 5,586<br />

TUFENKJIAN ENDOWMENT FUND, Haig............................................ 132<br />

TURADIAN ENDOWMENT FUND, Haigazoun...................................... 341<br />

TURMANIAN ENDOWMENT FUND, Armenie.................................... 1,497<br />

TUTELIAN ENDOWMENT FUND, Mr. & Mrs. Edward....................... 1,506<br />

TUTUNJIAN ENDOWMENT FUND....................................................... 946<br />

ULIGIAN ENDOWMENT FUND, Mr. & Mrs. Charles........................ 74,172<br />

VART ENDOWMENT FUND, Raymond................................................. 332<br />

VART ENDOWMENT FUND, Richard................................................. 6,636<br />

VART MEMORIAL FUND, Aharon S. & Nooritza.............................. 26,131<br />

VARTABEDIAN ENDOWMENT FUND, Dr. ...................................... 13,240<br />

VARTABEDIAN END. FUND, Mr. & Mrs. Armenag & Mariam........... 48,069<br />

VARTABEDIAN ENDOWMENT FUND, Mr. & Mrs. Manuel................... 296<br />

VARTABEDIAN ENDOWMENT FUND, Mr. & Mrs. Steven.................... 510<br />

VARTANANTZ & MARTYRS MEM’L END FUND........................... 380,181<br />

VARTANIAN ENDOWMENT FUND, Rev. ............................................. 498<br />

VARTANIAN ENDOWMENT FUND, Mr. & Mrs. John............................ 271<br />

VARTANIAN ENDOWMENT FUND, Kate A........................................ 9,725<br />

VARTANIAN ENDOWMENT FUND, Michael M. & Lily Aghavni....... 36,003<br />

VARTANIAN ENDOWMENT FUND, Varoujan & Family................... 24,502<br />

VARTANIAN MEMORIAL FUND, Gladys............................................ 6,043<br />

VARTANIAN MEMORIAL FUND, Mr. & Mrs. John............................ 14,298<br />

VARTIAN ENDOWMENT FUND, V. Michael...................................... 3,313<br />

VASOYAN MELKONIAN MEMORIAL FUND, Marie........................... 6,417<br />

VEZIRIAN MEMORIAL FUND, Mark & Peter........................................ 477<br />

VOSKIAN ENDOWMENT FUND, Dr. & Mrs. Henry B........................... 541<br />

VOSKIAN ENDOWMENT FUND, Dr. & Mrs. John & Marilyn..........115,277<br />

WALKER ENDOWMENT FUND, Russell........................................... 6,790<br />

WARD ENDOWMENT FUND, Mr. & Mrs. Gene.................................... 263<br />

WHEELER MEMORIAL FUND, Olive H............................................. 1,648<br />

WRITER ENDOWMENT FUND, John & Sarah.................................. 5,050<br />

YACOUBIAN ENDOWMENT FUND, Mrs. N.......................................... 339<br />

YACOUBIAN MEMORIAL FUND, Avedis............................................ 4,978<br />

YAGHSIZIAN MEMORIAL FUND, Hagop & Ephronia...................... 14,747<br />

YARALIAN MEMORIAL FUND, Ferida............................................... 5,769<br />

YAZEJIAN ENDOWMENT FUND, Ann............................................... 1,938<br />

YAZEJIAN MEMORIAL FUND, Artin................................................. 14,513<br />

YEDIKIAN ENDOWMENT FUND.......................................................... 498<br />

YERAMIAN ENDOWMENT FUND, Antranig......................................... 713<br />

YERAMIAN ENDOWMENT FUND, Rev. Arsham K. & Maritza.......... 3,002<br />

YERAMIAN MEMORIAL FUND, Arax & Aram................................ 677,434<br />

YERANIAN ENDOWMENT FUND, Araxie........................................ 27,223<br />

YERANIAN ENDOWMENT FUND, Arthur S. & Rebecca...................... 526<br />

YERANIAN ENDOWMENT FUND, Rev. & Mrs. Vartan.................... 13,565<br />

YERANIAN FAMILY FUND, Misses ................................................... 2,759<br />

YERETSIAN ENDOWMENT FUND, Dr. & Mrs. Ara........................... 7,942<br />

YERETSIAN ENDOWMENT FUND, Mr. & Mrs. John B........................ 812<br />

YERVANIAN ENDOWMENT FUND, Mr. & Mrs. Vahe........................ 3,070<br />

YESAYIAN ENDOWMENT FUND, Dr. Harry & Merin (Norian)......... 33,181<br />

YESSAYAN ENDOWMENT FUND, Leon & Haiganoush.................... 5,038<br />

YESSAYAN MEMORIAL FUND, Victoria R......................................... 1,046<br />

YETERIAN ENDOWMENT FUND, Veronica M.................................. 2,128<br />

YORGANJIAN ENDOWMENT FUND, Mrs. M....................................... 665<br />

YOSEPH ENDOWMENT FUND, June Z. Jorjorian............................ 2,782<br />

YOUMOUSHAKIAN MEMORIAL FUND, Avedis & Ovsanna............ 34,015<br />

YOUNG ENDOWMENT FUND, Shakeh Dildabanian....................... 42,799<br />

YOUTH CRUSADE 60 TH ANNIVERSARY FUND........................... 33,459<br />

YUZUK ENDOWMENT FUND, Nouritza................................................ 379<br />

ZAKARIAN ENDOWMENT FUND, Mr. & Mrs. Asbed B........................ 541<br />

ZAKIAN ENDOWMENT FUND, Mr. & Mrs. Aram.................................. 677<br />

ZANOYAN MEMORIAL FUND, Papken & Marie.............................. 27,191<br />

ZARIFIAN ENDOWMENT FUND, Charles......................................... 3,394<br />

ZARIFIAN ENDOWMENT FUND, Rev. & Mrs. John A....................... 1,877<br />

ZARTARIAN ENDOWMENT FUND, General Sarkis............................. 332<br />

ZERON ENDOWMENT FUND, Bydzar.......................................... 136,062<br />

ZEROUNIAN ENDOWMENT FUND, Jerry K. & Rose........................ 4,859<br />

ZEROUNIAN MEMORIAL FUND, Peruz............................................ 3,792<br />

ZOOLALIAN MEMORIAL FUND, Charles............................................. 894<br />

39


ARMENIA RELIEF ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

AHARONIAN ENDOWMENT FUND, Hrair & Julia............................. 3,355<br />

AIVAZIAN ENDOWMENT FUND, Dr. Garo & Emma........................ 16,355<br />

ANDONIAN ENDOWMENT FUND, Mihran...................................... 83,566<br />

ANONYMOUS B ENDOWMENT FUND..........................................144,115<br />

ARAKELIAN MEMORIAL FUND, Rosa.............................................. 1,382<br />

ATIKIAN ENDOWMENT FUND, Dr. & Mrs. Hrair................................... 425<br />

AYRAPETYAN ENDOWMENT FUND, Asya....................................... 2,768<br />

BABIKIAN ENDOWMENT FUND, Souren.......................................... 1,374<br />

BAGHDIKIAN ENDOWMENT FUND, Vatche & Elbiz......................... 1,455<br />

BALABANIAN ENDOWMENT FUND, Armen & Alice............................ 872<br />

BALDADIAN MEMORIAL FUND, Dorothy.......................................... 7,276<br />

BALIAN MEMORIAL FUND, Bali Kevork & Veronica........................ 27,324<br />

BALIAN MEMORIAL FUND, Dikran & Azniv....................................... 6,594<br />

BALUKJIAN ENDOWMENT FUND, Harry.......................................... 3,826<br />

BARSOIAN MEMORIAL FUND, Leo.................................................. 4,571<br />

BEDIKIAN FAMILY ENDOWMENT FUND, Arsen............................... 5,551<br />

BEDROS MEMORIAL FUND, Edward P............................................. 1,648<br />

BEDROSIAN ENDOWMENT FUND, Elizabeth................................ 22,101<br />

BILIZIKIAN MEMORIAL FUND, Jennie................................................. 661<br />

BOUENIKARA MEMORIAL FUND, Ohannes........................................ 178<br />

CHAKMAKIAN MEMORIAL FUND, Louise......................................... 2,641<br />

CHERKEZIAN MEMORIAL FUND, Homosie Helen........................... 1,019<br />

COMPATRIOTIC UNION OF HABOUSI............................................. 5,335<br />

DAVIDIAN ENDOWMENT FUND, Mariam............................................ 886<br />

DAVIDIAN ENDOWMENT FUND, Sarkis & Esther............................. 1,772<br />

DAVIDIAN MEMORIAL FUND, Sonia................................................. 2,027<br />

DER KRIKORIAN MEMORIAL FUND, Annie...................................... 4,994<br />

DISHMAN ENDOWMENT FUND, Aida Sagan................................... 6,010<br />

DONCHIAN, HAJEIAN & CHIRKINIAN FUND ................................. 17,650<br />

DONNIAN MEMORIAL FUND, Mack................................................ 13,350<br />

DUNKAN ENDOWMENT FUND, Lucy T........................................... 12,081<br />

ESSEPIAN ENDOWMENT FUND, Dr. & Mrs. John P........................ 7,760<br />

FELIKIAN MEMORIAL FUND, Tamara.................................................. 443<br />

GOPOIAN ENDOWMENT FUND, Haroutune & Mariam.................... 4,500<br />

GUZELIAN MEMORIAL FUND, Viken................................................ 5,861<br />

HAGOPIAN ENDOWMENT FUND, Mr. & Mrs. Isaac & Lena............. 4,785<br />

HAIG (HAGOPIAN) FUND,<br />

Grace, Victoria, Mary Gillingham & Virginia Anoush..................... 13,959<br />

HAIG (HAGOPIAN) ENDOWMENT FUND, Yevnige & Diran............. 1,043<br />

HAITAYAN ENDOWMENT FUND, Garo & Elizabeth.......................... 2,323<br />

HASSESSIAN MEMORIAL FUND, Rev. Herald & Siranoush............ 7,634<br />

ISKENDERIAN MEM’L FUND, Dr. Haig, Nevart & Yerchanik......... 145,245<br />

ISKIKIAN MEMORIAL FUND, Rhoda Habib..................................... 12,166<br />

JEMELIAN ORPHAN&CHILD CARE FUND, Harry........................ 317,763<br />

JENANYAN END. FUND, William, Rev. Melkon & Semma.............. 34,025<br />

JUNDANIAN MEMORIAL FUND, Dr. Diane....................................... 3,634<br />

KALAYJIAN FAMILY FUND................................................................... 413<br />

KASPARIAN SCHOLARSHIP FUND #4, Alice Odian....................... 52,231<br />

KAYE ENDOWMENT FUND, Mr. & Mrs. Vincent................................ 3,526<br />

KAZANJIAN TRUST FUND, Hrand & Aghavni..................................11,650<br />

KELEDJIAN MEMORIAL FUND, Shant.............................................. 3,855<br />

KENOSIAN ENDOWMENT FUND, Mr. & Mrs. Joseph & Sylvia......... 2,457<br />

KENOSIAN ENDOWMENT FUND, Sarkis & Esther........................... 1,772<br />

KENOSIAN MEMORIAL FUND, Grace............................................... 1,315<br />

KEUHNELIAN ARMENIA RELIEF FUND, Mr. Peter Charles............. 3,412<br />

KHATCHADURIAN MEMORIAL FUND, Mrs. Pailak & Nevart............ 1,950<br />

KOEROGHLIAN ARMENIAN FUND, Rev. Mihran.............................. 1,404<br />

MANGERIAN MEMORIAL FUND, Hagop & Takouhy....................... 18,898<br />

MANOOGIAN SMITH MEMORIAL FUND, Nevart.............................. 1,506<br />

MARDEROSIAN MEMORIAL FUND, John Paul................................ 1,918<br />

MASEREJIAN MEMORIAL FUND, Siranoush....................................... 962<br />

MAYBALIAN ENDOWMENT FUND, Makarditch & Zevart.................. 6,146<br />

MAYBALIAN MEMORIAL FUND, Dikran & Fahima............................ 1,582<br />

MELIDONIAN ENDOWMENT FUND, Bedros & Marie....................... 4,444<br />

MELKONYAN ENDOWMENT FUND, Tigran........................................... 87<br />

MINASIAN ENDOWMENT FUND, Vartuhi........................................ 14,091<br />

MOUSAIAN MEMORIAL FUND, Dickran & Maritza........................... 3,525<br />

MUNCHERIAN MEMORIAL FUND, Emanuel & Hagop..................... 1,054<br />

NAJARIAN MEMORIAL FUND, Krikor K............................................ 1,680<br />

NALBANDIAN ENDOWMENT FUND, Garbis & Ayko........................ 3,009<br />

NALBANDIAN MEMORIAL FUND, Mr. & Mrs. Hagop & Anais........... 2,433<br />

NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Henry P.................... 10,940<br />

NERCESSIAN MEMORIAL FUND, Hermine......................................... 736<br />

NOFAL MEMORIAL FUND, Rose.......................................................... 960<br />

OGANESSIAN ENDOWMENT FUND, Hike & Alice.............................. 784<br />

ONANIAN ENDOWMENT FUND, Dr. & Mrs. Edward & Zvart.......... 16,826<br />

PARSEGHIAN MEMORIAL FUND, George........................................ 1,745<br />

PRIDJIAN MEMORIAL FUND, Karekin & Pauline............................ 16,509<br />

SALIBIAN MEMORIAL FUND, Eliz........................................................ 608<br />

SARAFIAN MEMORIAL FUND, Sylvia............................................. 71,987<br />

SARKISIAN BROTHERS FOUNDATION......................................... 30,190<br />

SARKISIAN ENDOWMENT FUND, Evelyn & Deli Sarkis................... 2,933<br />

SARKISIAN MEMORIAL FUND, Levon.............................................. 1,648<br />

SEGEL ENDOWMENT FUND, Mr. & Mrs. David A........................... 51,484<br />

SERMABEIKIAN MEMORIAL FUND, Veronica.................................. 2,334<br />

SEVOYAN MEMORIAL FUND, Charles......................................... 237,006<br />

SHACHIAN REARDON MEMORIAL FUND, Karen............................ 4,276<br />

SHARAFIAN MEMORIAL FUND, Ronald.............................................. 322<br />

SHIRVANIAN AYKANIAN MEM’L FUND, Angel.................................. 7,365<br />

SOORIKIAN MEMORIAL FUND............................................................ 350<br />

SUVAJIAN MEMORIAL FUND, Charles........................................... 23,476<br />

TAVITIAN MEMORIAL FUND, Lucy....................................................... 674<br />

TOURYAN MEMORIAL FUND, Rev. Vahram & Adelina................... 32,005<br />

TUFENKIAN MEMORIAL FUND, Richard........................................ 74,224<br />

TUTELIAN MEMORIAL FUND, Stephen............................................ 2,621<br />

VARTABEDIAN ENDOWMENT FUND, Diana & Nishan.................. 16,910<br />

ZARTARIAN MEMORIAL FUND, Baghdassar & Hripsime................. 4,334<br />

ZOBIAN ENDOWMENT FUND, Joseph & Grace........................... 134,847<br />

AMAA HEADQUARTERS ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund<br />

Value<br />

Name <strong>of</strong> Fund<br />

Value<br />

ACOPIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis........................... 5,892<br />

ALBERIAN ENDOWMENT FUND, Marie........................................... 1,179<br />

BALUKJIAN ENDOWMENT FUND, Mr. Harry.................................... 3,536<br />

BEZIRGANIAN ENDOWMENT FUND, George & Pauline................. 5,892<br />

BORANIAN ENDOWMENT FUND, Mr. & Mrs. John.......................... 1,256<br />

DARPINIAN ENDOWMENT FUND, Arouss........................................ 1,594<br />

HEKEMIAN ENDOWMENT FUND, Robert & MJ........................... 147,616<br />

HEKEMIAN ENDOWMENT FUND, Samuel & Sandy..................... 104,292<br />

JANBAZIAN ENDOWMENT FUND, Movses & Louisa....................... 2,985<br />

KALFAYAN ENDOWMENT FUND, Lawrence & Elise........................ 2,258<br />

KURKJIAN ENDOWMENT FUND, Louis & Grace.............................. 6,278<br />

OTHER ENDOWMENT FUNDS......................................................... 3,582<br />

PHILIBOSIAN FOUNDATION FUND, Stephen............................... 232,269<br />

SARIAN FOUNDATION FUND........................................................... 1,179<br />

SHEGOIAN ENDOWMENT FUND, Ardson & Gladys........................ 1,179<br />

SIMOURIAN ENDOWMENT FUND, John & Michele....................... 12,554<br />

TORIGIAN ENDOWMENT FUND, Andrew & Rose............................ 6,278<br />

40


HAIGAZIAN UNIVERSITY ENDOWMENT FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

ABAJIAN ENDOWMENT FUND, Mr. & Mrs. George..........................1,616<br />

ABAJIAN ENDOWMENT FUND, Henry K. & Gladys..........................4,851<br />

ABDULIAN ENDOWMENT FUND, Daniel H. & Juliette......................6,753<br />

ABDULIAN ENDOWMENT FUND, H. Jack & Joyce..........................1,940<br />

ABRAHAMIAN ENDOWMENT FUND, Mrs. Arpen................................314<br />

ADROUNY ENDOWMENT FUND, Dr. & Mrs. Zaven A......................3,054<br />

AGBABIAN ENDOWMENT FUND, Mr. & Mrs. Hrant.......................... 3,115<br />

AGBABIAN ENDOWMENT FUND, Dr. Mihran & Elizabeth................6,467<br />

AGBASHIAN ENDOWMENT FUND, Mr. & Mrs. Aggie G...................1,572<br />

AGHAZARIAN ENDOWMENT FUND, Arsen.........................................404<br />

AHARONIAN ENDOWMENT FUND, Hrair & Julia...........................34,432<br />

AINTABLIAN ENDOWMENT FUND, Abraham...................................... 611<br />

AJEMIAN ENDOWMENT FUND, Hripsime & Hovakim......................8,981<br />

AJEMIAN ENDOWMENT FUND, Peter & Ann...................................3,144<br />

AKIN ENDOWMENT FUND, Mr. & Mrs. Wayne M................................943<br />

ALAJAJIAN ENDOWMENT FUND, Garabed H.....................................305<br />

ALBERIAN ENDOWMENT FUND, Edwin & Marie................................314<br />

ALEXANIAN SCHOLARSHIP FUND, Ludwig........................................305<br />

ALTOUNIAN ENDOWMENT FUND, Stepan.........................................305<br />

ANTABLIAN ENDOWMENT FUND, Mr. & Mrs. Giragos....................... 611<br />

APKARIAN ENDOWMENT FUND, Mr. & Mrs. Martin............................314<br />

ARCHIBALD ENDOWMENT FUND, Mary L.......................................8,497<br />

ARIZONA WHOLESALE SUPPLY CO................................................4,043<br />

ARMENIAN CONG’L CHURCH CHICAGO...........................................917<br />

ARMENIAN CONG’L CHURCH DETROIT, Ladies Aid..........................763<br />

ARMENIAN CONG’L CHURCH DETROIT, Sunday School..................382<br />

ARMENIAN MISSIONARY ASSOCIATION, Argentina.......................2,193<br />

ARMENIAN PRESBYTERIAN COMMUNITY, Washington DC..........1,526<br />

ARTINIAN ENDOWMENT FUND, Mr. & Mrs. Harold............................305<br />

ASADOURIAN ENDOWMENT FUND, Krikor........................................296<br />

ASHJIAN ENDOWMENT FUND, Dr. & Mrs. Leon..............................3,054<br />

ATIMION ENDOWMENT FUND, Mr. & Mrs. Leo................................6,287<br />

AVAKIAN ENDOWMENT FUND, Mr. & Mrs. Hemayak.......................9,431<br />

AVEDIAN ENDOWMENT FUND, Bedros P...........................................629<br />

AVEDIKIAN ENDOWMENT FUND, Rev. Father Paren.........................305<br />

BABIKIAN EDUCATIONAL FUND, Pr<strong>of</strong>. Souren & Alice....................5,838<br />

BADEER ENDOWMENT FUND, Augustine & Vergine.....................34,581<br />

BAHUTH ENDOWMENT FUND, Dr. J. J............................................1,526<br />

BAKAMJIAN SCHOLARSHIP FUND, Santoukht & Yeghia...............64,828<br />

BAKMAZIAN ENDOWMENT FUND, Mr. & Mrs. Param.....................1,257<br />

BALIAN FAMILY ENDOWMENT FUND..............................................1,898<br />

BALUKJIAN ENDOWMENT FUND, Harry........................................13,323<br />

BARSAMIAN ENDOWMENT FUND, Edward B............................... 17,118<br />

BARSAMIAN ENDOWMENT FUN, Hagop K. & Virginia....................1,572<br />

BARSOUMIAN ENDOWMENT FUND, Berjouhi....................................314<br />

BARSUMIAN ENDOWMENT FUND, George Jr. & Helen................53,016<br />

BARSUMIAN TOWER LAKES FOUNDATION, George N................27,486<br />

BASHIAN ENDOWMENT FUND, Mr. & Mrs. Edward.........................6,287<br />

BASHIAN ENDOWMENT FUND, Mrs. George..................................1,526<br />

BASMAJIAN ENDOWMENT FUND, Miss .........................................6,489<br />

BEDIGIAN ENDOWMENT FUND, George.........................................3,176<br />

BELIAN ENDOWMENT FUND, Aram Y..........................................158,678<br />

BELIAN ENDOWMENT FUND, Dr. & Mrs. G......................................1,616<br />

BERBERIAN ENDOWMENT FUND, Antranig....................................1,240<br />

BERBERIAN ENDOWMENT FUND, Haig........................................76,346<br />

BESHAR ENDOWMENT FUND, Edward H. & Isabelle......................1,101<br />

BETAHIAN BROTHERS ENDOWMENT FUND ...................................416<br />

BEZIRGANIAN ENDOWMENT FUND, Dr. George & Mary................3,144<br />

BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Hagop.........................12,215<br />

BIZDIKIAN ENDOWMENT FUND, Nishan H....................................12,831<br />

BOGHOSIAN ENDOWMENT FUND, Armenag.....................................351<br />

BOKARA RUG CO., John Solemani......................................................629<br />

BORETTI ENDOWMENT FUND, Mr. & Mrs. Napoleon......................... 611<br />

BOSNIAN ENDOWMENT FUND, Luther.......................................... 11,318<br />

BOSTANIAN ENDOWMENT FUND, Dikran..........................................305<br />

BOYADJIAN ENDOWMENT FUND, Mr. & Mrs. H. P.............................597<br />

BOYAJIAN ENDOWMENT FUND, Dr. & Mrs. Jirair............................1,572<br />

BOYAJIAN ENDOWMENT FUND, Lillian..............................................305<br />

BROUSSALIAN ENDOWMENT FUND, Dr. & Mrs. Sarkis L..................809<br />

BUCK ENDOWMENT FUND, Mr. & Mrs. C...........................................305<br />

BUZZELL ENDOWMENT FUND, Mrs. Alexander.................................. 611<br />

CARR ENDOWMENT FUND, Robert W.............................................1,526<br />

CHAKMAKJIAN ENDOWMENT FUND, Anna.......................................305<br />

CHALABIAN ENDOWMENT FUND, Charles........................................296<br />

CHALUKIAN ENDOWMENT FUND, Dr. Puzant....................................693<br />

CHANGELIAN ENDOWMENT FUND, Mr. & Mrs. Charles....................517<br />

CHAPIAN ENDOWMENT FUND, Dr. Mihran A.....................................305<br />

CHATALBASH RUG CO. INC., Thomas Chatalbash.............................629<br />

CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Archie & William.......629<br />

CONSTANTIAN MEMORIAL FUND, Avedis.....................................24,852<br />

DADEKIAN ENDOWMENT FUND, Mr. & Mrs. Zaven...........................629<br />

DADOURIAN ENDOWMENT FUND, Haroutun................................22,736<br />

DAGHLIAN ENDOWMENT FUND, Nazar & Lucy..............................2,964<br />

DARAKJIAN SCHOLARSHIP FUND, Rev. Barkev & Armine...........35,739<br />

DARIAN ENDOWMENT FUND, Anita M................................................543<br />

DARPINIAN ENDOWMENT FUND, Dr. Haig Robert..........................5,465<br />

DAVIS ENDOWMENT FUND, Mr. & Mrs. Hubert..................................305<br />

DE CERVANTES ENDOWMENT FUND, Mr. & Mrs. George.............3,054<br />

DEMIRJIAN ENDOWMENT FUND, Mr. & Mrs. Harold A..................56,588<br />

DERAD ENDOWMENT FUND, Mother..............................................6,483<br />

DERDERIAN ENDOWMENT FUND, Takvor.........................................305<br />

DERENTZ ENDOWMENT FUND, Hagop & Seda..............................3,234<br />

DICKRANIAN ENDOWMENT FUND, Mr. & Mrs. Archie.....................4,851<br />

DILDILIAN ENDOWMENT FUND, Aram................................................849<br />

DINGILIAN FAMILY FUND..............................................................130,142<br />

DIRAN ENDOWMENT FUND, Arsen & Varteni..............................691,245<br />

DIRAN SCHOLARSHIP AWARDS, Mary..........................................67,321<br />

ERVANIAN ENDOWMENT FUND, Mr. & Mrs. Armen...........................305<br />

FESJIAN ENDOWMENT FUND, Suren & Virginia........................... 11,960<br />

FIRST PRESBYTERIAN CH BERKELEY...........................................1,257<br />

FRIENDS OF ARMENIAN LITERATURE..............................................296<br />

GABRELLIAN & JESSOURIAN ASSOC.............................................1,526<br />

GALBEDIAN MEMORIAL FUND, Sylvia...........................................12,182<br />

GARABEDIAN ENDOWMENT FUND, John.......................................3,054<br />

GARABEDIAN ENDOWMENT FUND, Joseph & Edward.................. 6,511<br />

GECHIJIAN ENDOWMENT FUND, Narthoohy.....................................830<br />

GERTMENIAN ENDOWMENT FUND, Betty.........................................478<br />

GERTMENIAN ENDOWMENT FUND, Henry & Eunice.................404,237<br />

GERTMENIAN ENDOWMENT FUND, Seb........................................1,303<br />

GREGORY ENDOWMENT FUND, Mr. & Mrs. Richard K......................305<br />

GRIMSLEY ENDOWMENT FUND, Dr. & Mrs. Glen & Helen.........120,413<br />

GULBENKIAN FOUNDATION, INC., Gullabi....................................76,800<br />

GULESSERIAN ENDOWMENT FUND, Dr. & Mrs. Hrair....................6,108<br />

GULESSERIAN ENDOWMENT FUND, Levon & Shake....................5,497<br />

GULESSERIAN ENDOWMENT FUND, Dr. Stepan............................9,162<br />

GULUZIAN ENDOWMENT FUND, Dr. & Mrs. John..............................305<br />

GUONJIAN ENDOWMENT FUND, Dr. & Mrs. Hart...............................305<br />

GURLEKIAN ENDOWMENT FUND, Rev. & Mrs. Hagop.................17,880<br />

H.C. 25TH ANNIVERSARY FUND...............................................1,383,237<br />

H.U. ENDOWED CAPITAL FUND.....................................................75,160<br />

HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry..........................1,526<br />

HAGOPIAN ENDOWMENT FUND, Mrs. John......................................305<br />

HAGOPIAN MEMORIALS.....................................................................372<br />

HAIG ENDOWMENT FUND, Dr. P. Vahe & Alice................................1,697<br />

HAIGAZIAN 50TH ANNIVERSARY FUND.......................................43,395<br />

HAIGAZIAN UNIV. E.S.I. FUND......................................................134,610<br />

HAJAKIAN ENDOWMENT FUND, Yegishe & Maro...........................1,221<br />

HAJINLIAN ENDOWMENT FUND, Karnig & Dikranouhi..................12,574<br />

HALEBIAN ENDOWMENT FUND, Mr. & Mrs. Michael.......................6,287<br />

HALFORD ENDOWMENT FUND, Anne.............................................3,458<br />

HARABEDIAN ENDOWMENT FUND, Anna..........................................305<br />

HARIKIAN SCHOLARSHIP FUND, Virginia.....................................87,201<br />

HASERJIAN ENDOWMENT FUND, Harold & Elizabeth....................6,467<br />

HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Paul Y........................458<br />

HATCH ENDOWMENT FUND, George.................................................404<br />

HINTLIAN ENDOWMENT FUND, Mrs. Sirvart...................................7,929<br />

HOVANESSIAN ENDOWMENT FUND, Dr. & Mrs. R. A.....................1,526<br />

HOVNANIAN ENDOWMENT FUND, Dr. & Mrs. August.....................1,526<br />

HOVNANIAN ENDOWMENT FUND, Dr. H. Philip..............................3,358<br />

41


HAIGAZIAN UNIVERSITY AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

HUTCHESON ENDOWMENT FUND, Mr. & Mrs. Chester....................321<br />

IPJIAN ENDOWMENT FUND, Mr. & Mrs. John C..............................1,526<br />

ISHKANIAN ENDOWMENT FUND, Hagop & Elvira...........................2,749<br />

ISKYAN ENDOWMENT FUND, Mr. & Mrs. John A. Jr...........................314<br />

J.M. SPECIAL STIPEND FUND........................................................12,124<br />

JAMENTZ ENDOWMENT FUND, Dr. Samuel....................................1,221<br />

JANJIGIAN ENDOWMENT FUND, Mr. & Mrs. Avedis...........................314<br />

JANJIGIAN ENDOWMENT FUND, Edward & Lucy............................1,392<br />

JANJIGIAN ENDOWMENT FUND, Papken V....................................1,782<br />

JANJIGIAN MEMORIAL SCHOL. FUND, S.B. & Louise..................49,998<br />

JAVIAN ENDOWMENT FUND, Mr. & Mrs. George............................1,572<br />

JINGOZIAN ENDOWMENT FUND, Mildred..........................................314<br />

JIVELEKIAN ENDOWMENT FUND, Mrs. Luis & Ramilda................82,457<br />

JUSKALIAN ENDOWMENT FUND, Mardie........................................4,596<br />

KABASAKALIAN ENDOWMENT FUND, Mr. & Mrs. Peter.................1,087<br />

KACHADURIAN MEMORIAL FUND, Zumruth................................. 11,356<br />

KALEMKARIAN ENDOWMENT FUND, Mr. & Mrs. George V............3,998<br />

KALENIAN ENDOWMENT FUND, Armen K. & Mary D....................40,214<br />

KAMBORIAN ENDOWMENT FUND, Mr. & Mrs. Jacob......................2,168<br />

KAPIGIAN ENDOWMENT FUND, Mr. & Mrs. Arshag.........................3,144<br />

KAPIKIAN ENDOWMENT FUND, Mr. & Mrs. Carl..............................2,172<br />

KAPRIELIAN ENDOWMENT FUND, Mr. & Mrs. Roy M........................324<br />

KARAGHEUSIAN ENDOWMENT FUND, A. & M...............................1,616<br />

KARAGHEUSIAN ENDOWMENT FUND, Miss Leila........................15,719<br />

KARAGOZIAN ENDOWMENT FUND, Mr. & Mrs. Albert.......................305<br />

KARAKASHIAN ENDOWMENT FUND, Ephronia................................. 611<br />

KARAKOOSH SCHOLARSHIP FUND, Sophie................................ 11,266<br />

KARAMANOUGIAN END. FUND, Vartanoush & Garabed.................2,731<br />

KARIBIAN ENDOWMENT FUND, Mr. & Mrs. Leon...............................314<br />

KASHIAN MEMORIAL FUND, Tatios.....................................................157<br />

KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L..........................305<br />

KASSABIAN ENDOWMENT FUND, Dr. Mihran K............................57,878<br />

KATCHADOURIAN ENDOWMENT FUND, Dr. & Mrs. Herant...........3,144<br />

KAVOUKSORIAN ENDOWMENT FUND, Sirvart..................................305<br />

KAYE ENDOWMENT FUND, Mr. & Mrs. Vincent...................................314<br />

KAZANJIAN ENDOWMENT FUND, Mr. & Mrs. Jack H.........................314<br />

KERBEYKIAN ENDOWMENT FUND, Mr. & Mrs. Edward.....................629<br />

KESHISHIAN ENDOWMENT FUND, Mr. & Mrs. G............................4,617<br />

KEUHNELIAN ENDOWMENT FUND, G. H......................................43,419<br />

KEYISHIAN ENDOWMENT FUND , Mr. & Mrs. John H.....................3,144<br />

KEYISHIAN ENDOWMENT FUND, Robinson H...................................314<br />

KHANJIAN ENDOWMENT FUND, Dr. & Mrs. John & Pauline.........19,020<br />

KIRIAN ENDOWMENT FUND, Mirjan & Rose.......................................305<br />

KISH ENDOWMENT FUND, Mr. & Mrs. Zaven A...............................7,073<br />

KLUDJIAN ENDOWMENT FUND, Sona............................................... 611<br />

KONDAKJIAN ENDOWMENT FUND, Mr. & Mrs. Daniel....................1,526<br />

KOOLAKIAN ENDOWMENT FUND, Robert.......................................1,221<br />

KRAJIAN MEMORIAL FUND, Joseph M............................................4,073<br />

KULJIAN ENDOWMENT FUND, Edward..............................................809<br />

KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................305<br />

KURKJIAN MEMORIAL FUND, Louis & Mary................................201,401<br />

LEVONIAN MEMORIAL FUND, Victoria.............................................6,108<br />

LUCAS ENDOWMENT FUND, Mr. & Mrs. Zaven.................................. 611<br />

M.T.D. DEV. CO. ENDOWMENT FUND ............................................6,064<br />

MACER ENDOWMENT FUND, Dr. & Mrs. George A.........................1,832<br />

MALJANIAN ENDOWMENT FUND, Daniel E....................................1,976<br />

MANIS ENDOWMENT FUND, Dr. & Mrs. Edward T..............................305<br />

MANJIKIAN ENDOWMENT FUND, Dr. P..............................................305<br />

MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Alex......................81,737<br />

MANOUGIAN ENDOWMENT FUND, Dr. Karlous.................................348<br />

MARDEROSIAN ENDOWMENT FUND, Dikranouhi.............................564<br />

MARDIAN ENDOWMENT FUND, Mr. & Mrs. Aram............................1,526<br />

MARDIGUIAN ENDOWMENT FUND, Arpine........................................314<br />

MARDIGUIAN ENDOWMENT FUND, Steven Y. & Armine...................393<br />

MARDIROSSIAN ENDOWMENT FUND, Mardiros...............................556<br />

MARKARIAN ENDOWMENT FUND, Mr. & Mrs. Richard R...............3,332<br />

MARKARIAN SCHOLARSHIP FUND, Hagop Gerrit Verkuyl..............2,644<br />

MARKARIAN SCHOLARSHIP FUND, Dr. John J.............................10,751<br />

MARKARIAN SCHOLARSHIP FUND, Dr. John J.............................85,591<br />

MATHSON ENDOWMENT FUND, Archie & Stella...........................12,488<br />

MATOSSIAN ENDOWMENT FUND, Alex & Helen................................305<br />

MATOSSIAN ENDOWMENT FUND, Dr. Nerses Y. & Ruth................3,234<br />

MATOSSIAN MEMORIAL FUND, Arthur.........................................135,213<br />

MECHIGIAN ENDOWMENT FUND, Dr. Aram.......................................314<br />

MEDZIAN ENDOWMENT FUND, Mr. & Mrs. Stanley S...................10,332<br />

MEGHRIGIAN FAMILY FUND............................................................1,572<br />

MEHAGIAN FAMILY MEMORIAL FUND, A. S.............................1,241,225<br />

MEHAGIAN MEMORIAL FUND, Leon................................................7,186<br />

MEKHJIAN ENDOWMENT FUND, Dr. & Mrs. Haroutune..................3,144<br />

MELIKIAN ENDOWMENT FUND, Mr. & Mrs. Gregory J....................3,880<br />

MEMORIAL FUNDS...............................................................................292<br />

MERDINIAN ENDOWMENT FUND, Miss Elise................................78,593<br />

MERRILL LYNCH ENDOWMENT FUND, Smith Fenner Pierce............791<br />

MESROBIAN ENDOWMENT FUND, John M........................................674<br />

MESSABIAN FUND............................................................................1,900<br />

MICHAELIAN ENDOWMENT FUND, Donald & Carolyn....................6,602<br />

MIHRAN MEMORIAL FUND, Hermine..................................................305<br />

MINASSIAN ENDOWMENT FUND, Rev. G. Diran & Lydia...................314<br />

MISSAKIAN ENDOWMENT FUND, Dr. & Mrs. Michael........................305<br />

MOORADIAN ENDOWMENT FUND, Mr. & Mrs. Erwin.........................305<br />

MOORADIAN ENDOWMENT FUND, Mr. & Mrs. M. Edward.............2,092<br />

MOORADIAN ENDOWMENT FUND, Sarkis & Mary Paul..............26,944<br />

MORANIAN ENDOWMENT FUND, Dr. & Mrs. Thomas.....................3,144<br />

MOROTT MEMORIAL FUND, Agnes..............................................153,012<br />

MUGAR ENDOWMENT FUND, Stephen.......................................123,967<br />

MURADIAN ENDOWMENT FUND, Sam & Dora.............................26,276<br />

NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Raymond....................2,892<br />

NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Gary M..........................314<br />

NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Vay.............................1,572<br />

NALBANDIAN ENDOWMENT FUND, Mr. & Mrs. Khoren.....................917<br />

NALBANDIAN FARMS INC................................................................6,108<br />

NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Nazar.........................3,054<br />

NAZARIAN ENDOWMENT FUND, Paul................................................314<br />

NISHAN ENDOWMENT FUND, Mr. & Mrs. Dagavarian.................339,121<br />

OGLUKIAN MEMORIAL FUND, Levon.............................................15,248<br />

OHAN ENDOWMENT FUND, Ellen Markarian...................................1,780<br />

ORDJANIAN ENDOWMENT FUND, Nikit & Eleanora...........................314<br />

OTHER ENDOWMENT FUNDS.....................................................299,245<br />

OUZOUNIAN ENDOWMENT FUND, Noemi.........................................629<br />

PARSEGHIAN ENDOWMENT FUND, Haigazoon............................24,254<br />

PARSEKIAN ENDOWMENT FUND, Mr. & Mrs. Ned J. Esq...............7,388<br />

PECHDIMALDJI ENDOWMENT FUND, Stephan & Hermine...............314<br />

PETERS ENDOWMENT FUND, Aram..................................................305<br />

PETERS MEMORIAL SCHOLARSHIP FUND, Leon S..................330,407<br />

PEZESHKIAN ENDOWMENT FUND, Mr. A..........................................305<br />

PHILIBOSIAN ENDOWMENT FUND, Mr. & Mrs. Fred.......................1,526<br />

PHILIBOSIAN FOUNDATION FUND, Stephen.................................81,913<br />

PIRANIAN ENDOWMENT FUND, Mr. & Mrs. Poozant.......................3,496<br />

PISA ENDOWMENT FUND, Mr. & Mrs. Michael A................................305<br />

POLADIAN ENDOWMENT FUND, Jack H.......................................20,661<br />

RASSAM ENDOWMENT FUND, George..............................................917<br />

REJEBIAN ENDOWMENT FUND, Mr. & Mrs. Vahram.......................7,274<br />

REJEBIAN SCHOLARSHIP FUND, Rev. & Mrs. S. M......................12,581<br />

ROUBIAN ENDOWMENT FUND, Genevieve.....................................5,501<br />

RUBYAN ENDOWMENT FUND, Rev. Puzant.......................................917<br />

SAATJIAN ENDOWMENT FUND, Haiganoush.....................................305<br />

SALIBIAN MEMORIAL FUND, Mihran & John..................................22,932<br />

SANDRICK ENDOWMENT FUND, Annie..............................................629<br />

SANOIAN ENDOWMENT FUND, Henry P. & Nancy..........................2,667<br />

SARIAN ENDOWMENT FUND, Dr. & Mrs. Jirair................................4,887<br />

SARIAN FOUNDATION FUND ........................................................16,281<br />

SARJANIAN ENDOWMENT FUND, Mr. & Mrs. Arshag.....................1,526<br />

SARKESIAN MEMORIAL FUND, James...............................................305<br />

SARKISIAN MEMORIAL FUND, Edward G...................................... 11,226<br />

SARKISSIAN ENDOWMENT FUND, Madeleine Selim.........................753<br />

SAROUNIE ENDOWMENT FUND, Yeran (Pailoun)...........................2,991<br />

SCHOLARSHIP AWARDS FUND, Mary Diran.................................67,321<br />

SEMERJIAN ENDOWMENT FUND, Marjorie & Alice.......................34,489<br />

SENECA ENDOWMENT FUND, Dr. Harry.........................................3,144<br />

SENEKJIAN ENDOWMENT FUND, Mr. & Mrs. Oshin A....................... 611<br />

42


HAIGAZIAN UNIVERSITY AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

SERMABEIKIAN ENDOWMENT FUND, Krikor & Anna.....................3,144<br />

SHADAREVIAN ENDOWMENT FUND, Mr. Isahag...............................305<br />

SHAFFER ENDOWMENT FUND, Mr. & Mrs. R. F.................................305<br />

SHAMSHOIAN ENDOWMENT FUND, Mr. & Mrs. Ralph......................305<br />

SHARIAN ENDOWMENT FUND, Mr. & Mrs. Bedros Sr.....................2,412<br />

SHEGOIAN ENDOWMENT FUND, Mr. & Mrs. Ardson.......................1,240<br />

SHNORHOKIAN ENDOWMENT FUND, Haroutune..............................314<br />

SISLIAN ENDOWMENT FUND, Mr. & Mrs. Oscar................................786<br />

SISLIAN ENDOWMENT FUND, Mr. Robert........................................2,060<br />

SOGHOMONIAN ENDOWMENT FUND, Avedis................................3,358<br />

SOURENIAN MEMORIAL FUND, Shavarsh & Lucy......................193,824<br />

SPRADLEY ENDOWMENT FUND, J.................................................... 611<br />

SVAJIAN ENDOWMENT FUND, Dr. Pergrouhi.....................................305<br />

TABOURIAN ENDOWMENT FUND, Garbis & Ida.............................1,572<br />

TASHJIAN ENDOWMENT FUND, Mr. & Mrs. Hurant.........................1,572<br />

TAVIDIAN ENDOWMENT FUND, Esteban.........................................1,526<br />

TCHAKEDJIAN ENDOWMENT FUND, Avedis & Vergine................76,346<br />

TEZEL ENDOWMENT FUND, Dr. & Mrs. Jiraryr...................................786<br />

TILKIAN ENDOWMENT FUND, Dr. & Mrs. Ara................................17,102<br />

TILKIAN ENDOWMENT FUND, Dr. Sarko & Rita...............................8,731<br />

TOKATLIAN ENDOWMENT FUND, Mr. & Mrs. Melik.........................1,572<br />

TOPALIAN ENDOWMENT FUND, B.....................................................305<br />

TOPALIAN ENDOWMENT FUND, Mr. & Mrs. Jirair..........................15,269<br />

TOPALIAN ENDOWMENT FUND, Socrat..........................................1,240<br />

TOPJIAN ENDOWMENT FUND, Armen.............................................8,188<br />

TORIGIAN ENDOWMENT FUND, Mr. & Mrs. Andrew..........................314<br />

TORIGIAN ENDOWMENT FUND, Dr. & Mrs. Puzant............................278<br />

TOULOUKIAN FOUNDATION FUND....................................................971<br />

TOWER LAKES FOUNDATION FUND, George Barsumian............27,486<br />

TUFENKIAN MEMORIAL FUND, Ruben & Pailazou........................50,307<br />

TURPANJIAN FAMILY ENDOWMENT FUND..................................54,829<br />

VARIOUS ACCOUNTS FUND...............................................................889<br />

VART ENDOWMENT FUND, Virginia....................................................296<br />

VOSGIAN MEMORIAL FUND, Dr. Daniel..............................................715<br />

VOSKIAN ENDOWMENT FUND, Dr. Henry B.......................................305<br />

WEINSTEIN ENDOWMENT FUND, Sydney & Judith..........................314<br />

WOMEN’S AUXILIARY LOS ANGELES.........................................146,940<br />

YAGHSIZIAN ENDOWMENT FUND, Ephronia.....................................305<br />

YAGOOBIAN ENDOWMENT FUND, Dr. J. M.......................................314<br />

YAGOOBIAN ENDOWMENT FUND, Dr. Robert...................................314<br />

YENOVKIAN ENDOWMENT FUND, Mr. & Mrs. Samuel.......................305<br />

YESSAIAN ENDOWMENT FUND, Mr. & Mrs. Charles......................3,144<br />

ZAKARIAN ENDOWMENT FUND, Mrs. Mihran.................................1,032<br />

ZARTARIAN ENDOWMENT FUND, Mr. & Mrs. Harry...........................305<br />

MINISTERS’/MINISTERS’ WIDOWS PENSION FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

ABAJIAN ENDOWMENT FUND, Henry K. & Gladys..........................1,802<br />

ABAJIAN ENDOWMENT FUND, Thelma...........................................1,802<br />

ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Daniel H. & Juliette.....1,908<br />

ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Jack H........................1,802<br />

ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Misak..........................1,802<br />

ADROUNY ENDOWMENT FUND, Dr. & Mrs. Zaven............................180<br />

AGBABIAN ENDOWMENT FUND, Mr. & Mrs. Hrant H......................1,854<br />

AGBABIAN ENDOWMENT FUND, Dr. & Mrs. Mihran S....................1,802<br />

ALBARIAN ENDOWMENT FUND, Mr. & Mrs. Armen G........................648<br />

ANONYMOUS - 5 ENDOWMENT FUND................................................44<br />

ANONYMOUS - 6 ENDOWMENT FUND.........................................11,057<br />

ARMENIAN MARTYRS CONG. CH FUND.........................................6,754<br />

ASHKARIAN ENDOWMENT FUND, Mr. & Mrs. Vahe...........................180<br />

ATTARIAN ENDOWMENT FUND, James E. & Virginia......................8,234<br />

AYNILIAN ENDOWMENT FUND, Mr. & Mrs. Nerses.........................1,802<br />

BADEER ENDOWMENT FUND, Dr. & Mrs. Henry S............................475<br />

BAGDASARIAN MEMORIAL FUND, Lily Sophie...............................8,058<br />

BAKER ENDOWMENT FUND, Edward.................................................180<br />

BAKER ENDOWMENT FUND, Ralph L.................................................180<br />

BALUKJIAN ENDOWMENT FUND, Harry.............................................917<br />

BARSUMIAN ENDOWMENT FUND, Mr. & Mrs. George......................900<br />

BEDIKIAN ENDOWMENT FUND, Rev. & Mrs. A. A................................92<br />

BENLIAN ENDOWMENT FUND, Sonia..............................................1,833<br />

BOYAJIAN MEMORIAL FUND, Avedis & Khatoun.............................1,915<br />

BOYAJIAN MEMORIAL FUND, Edward Jeremiah.............................1,531<br />

CHALIKIAN ENDOWMENT FUND, Mr. & Mrs. Edward......................3,115<br />

CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Archie....................1,802<br />

CHOPOORIAN ENDOWMENT FUND, Mr. & Mrs. Haig........................361<br />

CHURUKIAN ENDOWMENT FUND, Dr. & Mrs. Vahe........................1,802<br />

CILICIA ARMENIAN CONG. CH. FUND................................................721<br />

CONE ENDOWMENT FUND, Mr. & Mrs. Lawrence K..........................309<br />

DEMIRJIAN ENDOWMENT FUND, Mr. & Mrs. Harold A....................1,081<br />

DERENTZ ENDOWMENT FUND, Mr. & Mrs. Hagop.........................1,802<br />

DEVEDJIAN ENDOWMENT FUND, Mr. & Mrs. John..............................39<br />

DINGILIAN ENDOWMENT FUND, Mr. & Mrs. Edward H......................384<br />

DOHANIAN ENDOWMENT FUND, Mr. & Mrs. Armen.......................1,981<br />

DOHANIAN MEMORIAL FUND, Rev. Zaven......................................2,707<br />

DOKOUZIAN ENDOWMENT FUND, Mr. & Mrs. Jack.............................45<br />

ENOCH ENDOWMENT FUND, Mr. & Mrs. Charles..............................451<br />

ESKIJIAN ENDOWMENT FUND, Mr. & Mrs. Luther...........................1,813<br />

EVKHANIAN ENDOWMENT FUND, Mr. & Mrs. Manouk......................990<br />

FISHER ENDOWMENT FUND, Esq. Harold.........................................135<br />

GARMIRIAN ENDOWMENT FUND, Arshalous.....................................180<br />

GARRON ENDOWMENT FUND, Dr. & Mrs. Levon K...........................361<br />

GERTMENIAN ENDOWMENT FUND, Mr. & Mrs. Henry...................4,504<br />

GLATZE ENDOWMENT FUND, Mr. & Mrs. A. C.....................................90<br />

GOSHGARIAN ENDOWMENT FUND, Mr. & Mrs. G. A........................180<br />

GUEKGUEZIAN MEMORIAL FUND, Marie........................................2,029<br />

GULESSERIAN ENDOWMENT FUND, Dr. & Mrs. Hrair P....................793<br />

GULESSERIAN ENDOWMENT FUND, Puzant & Angele.....................361<br />

HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry.............................540<br />

HAGOPIAN ENDOWMENT FUND, Drs. Vazken & Sharon...................396<br />

HAIDOSTIAN ENDOWMENT FUND, Dr. & Mrs. Berj H........................870<br />

HARTUNIAN ENDOWMENT FUND, Rev. & Mrs. Vartan........................46<br />

HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Henry........................180<br />

HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Paul Y........................180<br />

HATCH ENDOWMENT FUND, Martin F.............................................2,941<br />

HEKEMIAN FAMILY TRUST FUND, S. & E......................................5,405<br />

HEKEMIAN FOUNDATION FUND......................................................1,802<br />

HOVNANIAN ENDOWMENT FUND, Dr. H. Philip.................................777<br />

IZMIRLIAN ENDOWMENT FUND, Mr. & Mrs. Asadour......................1,770<br />

JANBAZIAN ENDOWMENT FUND, Rev. Movses & Louisa..................159<br />

JANJIGIAN ENDOWMENT FUND, Mr. & Mrs. Edward......................1,833<br />

JENANYAN ENDOWMENT FUND, Edward.......................................1,802<br />

JERJISIAN ENDOWMENT FUND, Mr. & Mrs. George..........................630<br />

KAPIGIAN ENDOWMENT FUND, Mr. & Mrs. Albert...........................1,585<br />

KARAGHEUSIAN ENDOWMENT FUND, Miss Leila........................11,709<br />

KARIAN ENDOWMENT FUND, Dr. Bernard......................................1,802<br />

KARIAN ENDOWMENT FUND, Dr. & Mrs. Edward............................1,802<br />

KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L..........................405<br />

KASSOUNY ENDOWMENT FUND, Dr. & Mrs. Dicran Y.........................89<br />

KASSOUNY ENDOWMENT FUND, Marie............................................684<br />

KESHISHIAN ENDOWMENT FUND, Mr. & Mrs. Albert.........................180<br />

KEUHNELIAN ENDOWMENT FUND, Mr. & Mrs. Garabed H............1,947<br />

KEUHNELIAN ENDOWMENT FUND, Dr. & Mrs. John......................2,432<br />

KEVERIAN ENDOWMENT FUND, Dr. George.....................................434<br />

KOEROGHLIAN ENDOWMENT FUND, Rev. Mihran & Beatrice..........725<br />

KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. P. C...........................3,109<br />

KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................270<br />

KURKJIAN ENDOWMENT FUND, Mr. & Mrs. Dewey...........................180<br />

LEVONIAN ENDOWMENT FUND, Dr. & Mrs. Rendel........................1,802<br />

LION ENDOWMENT FUND, Mr. & Mrs. Herbert................................1,802<br />

LOSHKAJIAN ENDOWMENT FUND, Mr. & Mrs. Theodore T...............900<br />

MACKITAR ENDOWMENT FUND, Anne...............................................225<br />

43


MINISTERS’/MINISTERS’ WIDOWS PENSION FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

MAGHAKIAN ENDOWMENT FUND, Alice L.........................................177<br />

MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Alex........................1,802<br />

MARDIAN ENDOWMENT FUND, Mr. & Mrs. Aram.................................90<br />

MARDIAN ENDOWMENT FUND, Sam Sr..........................................1,180<br />

MARDIGUIAN ENDOWMENT FUND, Arpine........................................721<br />

MARGANIAN ENDOWMENT FUND, Dr. & Mrs. Vahe M......................366<br />

MASHIKEN ENDOWMENT FUND, Steve..........................................1,678<br />

MAX ENDOWMENT FUND, Mr. & Mrs. Lousin.....................................180<br />

MAYIAN ENDOWMENT FUND, Violet...................................................100<br />

MC PHERSON ENDOWMENT FUND, Mr. & Mrs. ...............................109<br />

MEDZIAN ENDOWMENT FUND, Mr. & Mrs. Stanley S.....................1,802<br />

MEHAGIAN ENDOWMENT FUND, Mr. & Mrs. A. Stephen................1,081<br />

MENENDIAN ENDOWMENT FUND, Dr. Rose......................................354<br />

MERDINIAN ENDOWMENT FUND, Miss Elise..................................1,802<br />

MERJANIAN ENDOWMENT FUND, Dr. & Mrs. Antipas........................777<br />

MERJANIAN ENDOWMENT FUND, Dr. & Mrs. John P.........................155<br />

MINASIAN ENDOWMENT FUND, Dr. Edmond V....................................90<br />

MINASSIAN ENDOWMENT FUND, Rev. & Mrs. G. Diran.................1,585<br />

MINISTERS’ WIDOWS COMM. LEBANON........................................3,390<br />

MISSISSYAN ENDOWMENT FUND, Dr. Kegham A...............................15<br />

MUGAR ENDOWMENT FUND, Mr. & Mrs. Stephen..........................5,312<br />

NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Edward............................90<br />

NAHIGIAN ENDOWMENT FUND, Marie............................................1,981<br />

NALBANDIAN ENDOWMENT FUND, Isabel...........................................90<br />

NASON ENDOWMENT FUND, Harry G.............................................2,361<br />

NORAIR ENDOWMENT FUND, Anne E.............................................1,802<br />

OHANESSIAN ENDOWMENT FUND, Deborah.................................1,321<br />

PAMPEYAN ENDOWMENT FUND, Mr. & Mrs. William H.....................531<br />

PETERS ENDOWMENT FUND, Mr. & Mrs. Leon S..............................900<br />

PHILIBOSIAN ENDOWMENT FUND, Stephen................................22,386<br />

PHILIBOSIAN FOUNDATION FUND, Stephen.................................18,015<br />

PHILLIPS ENDOWMENT FUND, George & Suzie................................270<br />

REINVESTED INCOME INVESTMENTS...........................................6,232<br />

SADAKIAN ENDOWMENT FUND, Mr. & Mrs. Avo..................................79<br />

SADAKIAN ENDOWMENT FUND, Jacqueline........................................39<br />

SARIAN ENDOWMENT FUND, Drs. Jirair & Norair...........................5,405<br />

SARKISIAN ENDOWMENT FUND, Flora...........................................5,312<br />

SHAMLIAN ENDOWMENT FUND, Mr. & Mrs. Puzant..........................177<br />

SHEGOIAN ENDOWMENT FUND, Ardson & Gladys........................5,376<br />

SHERENE ENDOWMENT FUND, Mr. & Mrs. Lemuel G....................1,802<br />

SOBAJE ENDOWMENT FUND, Joseph...............................................180<br />

SOGHOMONIAN ENDOWMENT FUND, Avedis...................................900<br />

SOGOMIAN ENDOWMENT FUND, Rev. & Mrs. Jirair.......................3,207<br />

SUPERIOR NUT COMPANY END. FUND...............................................92<br />

TASHJIAN ENDOWMENT FUND, Grace M. K......................................495<br />

TELLALIAN ENDOWMENT FUND, Nellie.............................................270<br />

TEZEL ENDOWMENT FUND, Dr. & Mrs. Jirayr.................................1,981<br />

THOMASIAN ENDOWMENT FUND, Mr. & Mrs. Karnig..........................46<br />

TILKIAN ENDOWMENT FUND, Dr. Ara.................................................317<br />

TOKATLIAN ENDOWMENT FUND, Mr. & Mrs. Melik.........................1,802<br />

TOOTIKIAN ENDOWMENT FUND, Rev. & Mrs. Vahan.....................2,701<br />

TOURIAN ENDOWMENT FUND, Mr. & Mrs. Levon...........................1,802<br />

UNION ARMENIAN EVANG CH NEAR EAST................................252,334<br />

UNITED CH BOARD WORLD MINISTRY......................................177,689<br />

YERGAN ENDOWMENT FUND, Mr. & Mrs. Berj...............................1,740<br />

ARMENIAN EVANGELICAL SCHOOLS OF CALIFORNIA FUNDS AT JULY 31, 2010<br />

Name <strong>of</strong> Fund Value Name <strong>of</strong> Fund Value<br />

ABAJIAN MEMORIAL FUND, Yepros.................................................1,733<br />

ADROUNY ENDOWMENT FUND, Alice.............................................1,067<br />

AGBABIAN ENDOWMENT FUND, Hrant & Alidz...............................2,713<br />

ALEPPO COLLEGE ALUMNI ASSOC................................................2,133<br />

ANDREASSIAN MEMORIAL FUND, Rev. Dikran & Zarouhie............5,156<br />

APELIAN ENDOWMENT FUND, Zevart.............................................1,600<br />

APELIAN MEMORIAL FUND, Veronica & Hratch...............................6,400<br />

ARZOOYAN ENDOWMENT FUND, Archie........................................4,268<br />

ASHKARIAN ENDOWMENT FUND, Mr. & Mrs. Vahe........................4,800<br />

ASHKARIAN MEMORIAL FUND, Beatrice.......................................13,485<br />

BAGHDIKIAN ENDOWMENT FUND, Mr. & Mrs. Barkev......................533<br />

BALIAN MEMORIAL FUND, Ohannes................................................1,883<br />

BALUKJIAN ENDOWMENT FUND, Harry.............................................485<br />

BARAN MEMORIAL FUND, Ara.......................................................29,572<br />

BARDAKJIAN MEMORIAL FUND, George........................................1,920<br />

BASTAJIAN ENDOWMENT FUND, Dr. & Mrs. Levon.............................80<br />

BEZIRGANIAN ENDOWMENT FUND, Dr. & Mrs. George.................1,067<br />

BEZJIAN ENDOWMENT FUND, Lydia..................................................107<br />

BEZJIAN MEMORIAL FUND, Hagop................................................14,618<br />

BEZJIAN MEMORIAL FUND, Hagop K.............................................. 3,211<br />

BOOLGHOORJIAN MEMORIAL FUND, Anahis.................................8,267<br />

CHARKHEDIAN ENDOWMENT FUND, Raffi.....................................6,850<br />

DAGHLIAN ENDOWMENT FUND, Nazar & Lucy.................................107<br />

DARAKJIAN ENDOWMENT FUND, Rev. Barkev & Armine...............7,080<br />

DARAKJIAN ENDOWMENT FUND, Drs. Nazareth & Anie..............26,019<br />

DEMIRJIAN MEMORIAL FUND, Beatrice........................................47,982<br />

DER MATEOSSIAN MEMORIAL FUND, Mateos...............................2,679<br />

EKMEKJI MEMORIAL FUND, Mrs. Nazeli........................................ 11,794<br />

FERMANIAN MEMORIAL FUND, Krikor............................................5,822<br />

GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. M. G. & N....................5<br />

GARJIAN CHARITABLE TRUST, Ms. Lucy....................................100,741<br />

GOERGIZIAN ENDOWMENT FUND, Rev. Arsen..............................1,067<br />

GROUP ENDOWMENT FUND, <strong>Armenian</strong> Evang. Schls CA..............2,898<br />

GULESSERIAN ENDOWMENT FUND, Puzant & Angele.....................107<br />

HAIG MEMORIAL FUND, Alice................................................................95<br />

HANESSIAN ENDOWMENT FUND, Mr. & Mrs. Zaven......................1,584<br />

HAZARIAN ENDOWMENT FUND, Dr. Carl........................................3,356<br />

HOVAGIMIAN ENDOWMENT FUND, Rev. Hovey & Jean....................107<br />

HOVIVIAN/KANDARIAN FUND..........................................................1,067<br />

ISHKHANIAN ENDOWMENT FUND, Hagop & Elvira........................1,600<br />

JAMESON FAMILY ENDOWMENT FUND, James.............................1,067<br />

JERNAZIAN MEMORIAL FUND, Rev. Ephraim & Marie.................. 11,259<br />

KALDJIAN ENDOWMENT FUND, Mr. & Mrs. Barkev........................1,706<br />

KALDJIAN MEMORIAL FUND, Samuel..............................................2,248<br />

KALFAYAN MEMORIAL FUND, Dr. Asbed.........................................3,862<br />

KARLAN ENDOWMENT FUND, Janet..................................................107<br />

KAVOUKSORIAN ENDOWMENT FUND, Sirvart....................................43<br />

KAYAYAN ENDOWMENT FUND, Rev. & Mrs. R...................................319<br />

KHANJIAN ENDOWMENT FUND, Mr. & Mrs. Dikran............................800<br />

KHANJIAN ENDOWMENT FUND, Mr. & Mrs. Vazken..................... 11,441<br />

KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. Puzant......................2,133<br />

MAKARIAN ENDOWMENT FUND, Yervant & Hrant..........................1,067<br />

MANOUKIAN ENDOWMENT FUND, Manuel........................................213<br />

MARTIN ENDOWMENT FUND, Mr. & Mrs. Charles..............................107<br />

MENESHIAN MEMORIAL FUND, Avedis & Nora...............................4,881<br />

MENESHIAN MEMORIAL FUND, Marie.............................................2,303<br />

MOURADIAN ENDOWMENT FUND, Herair & Sirvart........................4,268<br />

MOURADIAN ENDOWMENT FUND, Hratch & Kohar........................4,775<br />

PHILIBOSIAN FOUNDATION FUND, Stephen.................................20,612<br />

SANOSSIAN MEMORIAL FUND, Hagop........................................... 2,011<br />

SARIAN ENDOWMENT FUND, Dr. & Mrs. Norair..............................3,600<br />

SARKIS MEMORIAL FUND, Missak & Elizabeth.............................31,699<br />

SHAMLIAN ENDOWMENT FUND, Mr. & Mrs. Luther.............................32<br />

SHAMMASIAN ENDOWMENT FUND, Aram & Chirag..........................213<br />

SHEGOIAN ENDOWMENT FUND, Ardson & Gladys...................... 11,787<br />

STUDENT AID ENDOWMENT FUND...................................................645<br />

TANIELIAN ENDOWMENT FUND, Haik................................................107<br />

TER OHANESSIAN MEMORIAL FUND, Dr. Gregor..........................4,080<br />

VANERIAN ENDOWMENT FUND, N. S.............................................4,868<br />

VARTANIAN MEMORIAL FUND, Gladys............................................5,334<br />

44


Supporting Churches & Organizations Board <strong>of</strong> Directors & Officers (<strong>2009</strong>-10)<br />

<strong>Armenian</strong> Ararat Congregational Church, Salem, NH<br />

<strong>Armenian</strong> Children’s Milk Fund, Boston, MA<br />

<strong>Armenian</strong> Christian Fellowship, Orange County, CA<br />

<strong>Armenian</strong> Church <strong>of</strong> the Nazarene, Glendale, CA<br />

<strong>Armenian</strong> Cilicia Congregational Church, Pasadena, CA<br />

<strong>Armenian</strong> Congregational Church, Chicago, IL<br />

<strong>Armenian</strong> Congregational Church, Detroit, MI<br />

<strong>Armenian</strong> Congregational Church <strong>of</strong> the Martyrs, Worcester, MA<br />

<strong>Armenian</strong> Euphrates Evangelical Church, Providence, RI<br />

<strong>Armenian</strong> Evangelical Brethren Church, Los Angeles, CA<br />

<strong>Armenian</strong> Evangelical Central Church, Sao Paulo, Brasil<br />

<strong>Armenian</strong> Christian Fellowship <strong>of</strong> Thousand Oaks, CA<br />

<strong>Armenian</strong> Evangelical Church, Cambridge, Canada<br />

<strong>Armenian</strong> Evangelical Church, Hollywood, CA<br />

<strong>Armenian</strong> Evangelical Church, Montreal, Canada<br />

<strong>Armenian</strong> Evangelical Church, New York, NY<br />

<strong>Armenian</strong> Evangelical Church, Sydney, Australia<br />

<strong>Armenian</strong> Evangelical Church, Toronto, Canada<br />

<strong>Armenian</strong> Evangelical Fellowship, London, England<br />

<strong>Armenian</strong> Evangelical Fellowship, Washington D.C.<br />

<strong>Armenian</strong> Evangelical Union <strong>of</strong> France/Espoir Pour L’Armenie<br />

<strong>Armenian</strong> Martyrs’ Congregational Church, Havertown, PA<br />

<strong>Armenian</strong> Memorial Church, Watertown, MA<br />

<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> Canada<br />

<strong>Armenian</strong> <strong>Missionary</strong> <strong>Association</strong> <strong>of</strong> Australia<br />

<strong>Armenian</strong> Presbyterian Church, Paramus, NJ<br />

<strong>Association</strong> <strong>of</strong> <strong>Armenian</strong> Evangelical Churches in Greece<br />

Calvary <strong>Armenian</strong> Congregational Church, San Francisco, CA<br />

Dorcas Aid International, Andijk, The Netherlands<br />

Evangelical Church <strong>of</strong> Armenia, Yerevan<br />

First <strong>Armenian</strong> Church, Belmont, MA<br />

First <strong>Armenian</strong> Evangelical Church, Glendale, CA<br />

First <strong>Armenian</strong> Evangelical Church, Montreal, Canada<br />

First <strong>Armenian</strong> Evangelical Church <strong>of</strong> Uruguay<br />

First <strong>Armenian</strong> Presbyterian Church, Fresno, CA<br />

Friends <strong>of</strong> AMAA - Peninsula Group, San Jose, CA<br />

Haigazian University Women’s Auxiliary, Los Angeles, CA<br />

Holy Trinity <strong>Armenian</strong> Church,<br />

Holy Trinity <strong>Armenian</strong> Evangelical Church, Glendale, CA<br />

Immanuel <strong>Armenian</strong> Congregational Church, Downey, CA<br />

Merdinian <strong>Armenian</strong> Evangelical School, Sherman Oaks, CA<br />

K. & Sh. Avedisian School, Yerevan, Armenia<br />

Pilgrim <strong>Armenian</strong> Congregational Church, Fresno, CA<br />

Service d’Entraide et de Liaison <strong>of</strong> France<br />

Sipan <strong>Armenian</strong> School, Paramus, NJ<br />

St. Nareg <strong>Armenian</strong> Church, Montebello, CA<br />

Stephen Philibosian Foundation<br />

Telfeyan Evangelical Fund<br />

Union <strong>of</strong> the <strong>Armenian</strong> Evangelical Churches in the Near East<br />

United <strong>Armenian</strong> Calvary Congregational Church, Troy, NY<br />

United <strong>Armenian</strong> Congregational Church, Hollywood, CA<br />

Wider Church Ministries - United Church <strong>of</strong> Christ<br />

OFFICERS<br />

President: H. Steven Aharonian, M.D.<br />

Vice Presidents: Nazareth Darakjian, M.D., Jeanmarie Papelian, Esq.,<br />

and Alan Philibosian, Esq.<br />

Treasurer: Nurhan Helvacian, Ph.D.<br />

Assistant Treasurer: David Hekemian<br />

Co‐Recording Secretaries: Harry Dulgarian, David Hagopian<br />

and Gary Phillips, Esq.<br />

EXECUTIVE DIRECTOR<br />

Levon Filian<br />

FIELD DIRECTOR<br />

Dikran Youmshakian<br />

OPERATIONS DIRECTOR<br />

Al DePaola, Jr.<br />

HONORARY VICE PRESIDENTS<br />

Rev. Avedos Boynerian, Moderator, AEU‐North <strong>America</strong><br />

Rev. Megerdich Karagoezian, President, UAEC‐Near East<br />

Rev. Joel Mikaélian, Moderator, AEU‐France<br />

BOARD OF DIRECTORS<br />

Class <strong>of</strong> 2010<br />

Rafi Balabanian, D.D.S.<br />

Bryan Bedrosian<br />

Nazareth Darakjian, M.D.<br />

David Hagopian<br />

Elaine Kasparian<br />

Stephanie Stein Landes<br />

Tina Makoulian, Esq.<br />

Harold Nahigian<br />

Vahe Nalbandian, Ph.D.<br />

Class <strong>of</strong> 2011<br />

Robert Hekemian, Sr.<br />

Nurhan Helvacian, Ph.D.<br />

John Kassabian, M.D.<br />

Kenneth Kevorkian<br />

Hrag Marganian, M.D.<br />

Jeanmarie Papelian, Esq.<br />

Alan Philibosian, Esq.<br />

Gary Phillips, Esq.<br />

Fred Simonian<br />

INTERNATIONAL ADVISORY MEMBERS<br />

Haik Arslanian (Belgium)<br />

Hovig Demirjian, M.D. (Greece)<br />

Hampartzum Moumdjian (Brazil)<br />

Hovhannes Soghomonian (Australia)<br />

PAST PRESIDENTS<br />

George Bezirganian, M.D.<br />

Samuel Hekemian<br />

Albert Momjian, Esq.<br />

Andrew Torigian<br />

EX‐OFFICIO<br />

Rev. Joe Matossian<br />

David Torounian<br />

Joyce Stein<br />

Class <strong>of</strong> 2012<br />

H. Steven Aharonian, M.D.<br />

Charles Bilezikian<br />

Rev. Ara Guekguezian<br />

Berjouhy Gulesserian<br />

Lucy Janjigian<br />

Rober Missirlian<br />

Aram Robert Minnetian<br />

Carol Bezirganian Perez, M.D.<br />

Michael Voskian, D.D.S.<br />

45


How to Give<br />

Stewardship <strong>of</strong> God’s Blessings - How to Give for His Glory!<br />

For a Christian, Estate and Gift Planning is more than saving taxes and<br />

taking care <strong>of</strong> your loved ones. The Bible talks about how to look at the<br />

matter <strong>of</strong> our material blessings, i.e., 2 Corinthians 9:7 reminds us “Each<br />

man should give what he has decided in his heart to give, not reluctantly<br />

or under compulsion, for God loves a cheerful giver.” The <strong>Armenian</strong> <strong>Missionary</strong><br />

<strong>Association</strong> <strong>of</strong> <strong>America</strong> (AMAA) has faithfully used your gifts for<br />

carrying out His “good news” and compassion <strong>of</strong> help to all <strong>Armenian</strong>s<br />

worldwide.<br />

There is no better way to thank God than to share His Word with others<br />

and give cheerfully. The AMAA has volunteer pr<strong>of</strong>essionals who are ready<br />

to assist you, using all <strong>of</strong> the sophisticated estate planning opportunities<br />

available, to carry out your personal and charitable vision. Here are some<br />

helpful hints:<br />

The Direct Giving Cash<br />

Gifts in the form <strong>of</strong> cash or through checks or credit/debit cards are the most common methods <strong>of</strong> direct charitable giving.<br />

All contributions to AMAA qualify for income, gift and estate tax deduction, as an IRS 501 (c)(3) organization. AMAA can<br />

only continue its purposes by your thoughtful and generous support <strong>of</strong> its outreach.<br />

Giving Securities or Real Estate which has Appreciated in Value<br />

Stocks, bonds, mutual funds and real estate that have increased in value can bring extra tax savings. Not only will the donor<br />

enjoy the tax deduction for the fair market value <strong>of</strong> the gift, but will also bypass capital gain tax that would otherwise be due<br />

if the securities or property were sold and the proceeds donated.<br />

Charitable Lead or Remainder Trusts<br />

This is where you give the AMAA a certain percentage for a term <strong>of</strong> years and get the property back or in the alternative,<br />

you retain a set percentage <strong>of</strong> the asset’s value transferred to AMAA, who takes on management, for a period <strong>of</strong> years or life<br />

<strong>of</strong> yourself or others, and at the termination, the asset held in a special perpetual endowment fund in the memory <strong>of</strong> a loved<br />

one, the income used for the specified purpose.<br />

Giving Through a Will or Living Trust<br />

The laws are changing and now is a good time to review long-range estate and financial planning under your current estate<br />

planning documents. In the current unstable laws, where the amount passing death tax free likely to be especially low, the<br />

tax incentive for charitable trusts is ever increasing. Giving through wills, living trusts, life insurance policies and retirement<br />

accounts at death <strong>of</strong>fer great opportunities for leaving a lasting legacy to charitable interests, when viewed from the effect<br />

<strong>of</strong> death taxes and assets otherwise passing to relatives directly much less attractive.<br />

Endowment Funds<br />

Gifts and bequests can be used to establish endowment funds in the name <strong>of</strong> the donor or someone the donor wishes to honor,<br />

either now or at your being with the Lord. These endowment funds are invested by the AMAA and the income is used to<br />

support designated purposes <strong>of</strong> the donor as part <strong>of</strong> the worldwide outreach <strong>of</strong> the AMAA.<br />

There are many ways you can make your giving meaningful and cheerful. Planning and timing are essential. Just take a<br />

moment and consider what your giving today will mean for you and for others tomorrow. God will bless you abundantly.<br />

AMAA would like to partner with you in carrying out your stewardship for your family, and loved ones and the Lord’s work<br />

on Earth.<br />

For additional information on giving and estate planning, please write or call in confidence to the Executive Director, who<br />

will assist you in every way possible, and can put you in contact with its pr<strong>of</strong>essionals to help in carrying out your plan in<br />

conjunction with you own estate planning representatives, as appropriate. The AMAA’s address and phone number are on<br />

the back cover <strong>of</strong> this report.<br />

46<br />

Orphan & Child Care fund raiser in Los Angeles, CA


How to Pray<br />

Please consider prayer as part <strong>of</strong> your giving. This list provides you with a guide to prayer for AMAA ministries each day <strong>of</strong> the month.<br />

a. Include the prayer requests in your personal and family devotions each day.<br />

b. Include the prayer in your Church’s Sunday Worship Service and weekly bulletin.<br />

c. Use the calendar to involve your local church, Sunday School or Youth Group in the mission and service ministry <strong>of</strong> other believers<br />

at home and overseas. You may want to enter into an active fellowship with those for whom you pray. Their addresses and<br />

additional information on their ministry may be obtained from our website (www.amaa.org) or the AMAA <strong>of</strong>fice.<br />

1. The Executive Director and the AMAA Office Staff. Pray<br />

for wisdom as they seek to be good stewards <strong>of</strong> the resources God<br />

provides them and encourage God’s people around the world.<br />

2. The AMAA Representative, the Staff, the volunteers and<br />

their families in Armenia. Pray for their personal walk with the Lord,<br />

protection and needs. Also pray for the effectiveness <strong>of</strong> their service as<br />

they strive to meet the spiritual and physical needs <strong>of</strong> our people using<br />

AMAA’s resources.<br />

3. The Officers and Board Members <strong>of</strong> the AMAA, AMAC and<br />

AEUNA. Pray for wisdom and unity <strong>of</strong> purpose as they make critical<br />

decisions affecting the mission and service <strong>of</strong> the <strong>Armenian</strong> Evangelical<br />

Church. Also pray that they might faithfully walk with the Lord.<br />

4. AMAA Chapters and Missions Committees. Pray for God to<br />

bless their efforts and make their partnership with AMAA a source <strong>of</strong><br />

blessings to many around the world.<br />

5. The Officers and Board Members <strong>of</strong> UAECNE (Lebanon),<br />

UAECF (France), UECA (Armenia), AEWC (International). Pray for<br />

wisdom and unity <strong>of</strong> purpose as they make critical decisions affecting<br />

the mission and service <strong>of</strong> the <strong>Armenian</strong> Evangelical Church. Also pray<br />

that they might faithfully walk with the Lord.<br />

6. Churches in Argentina, Brazil and Uruguay. Pray that believers<br />

and their pastors and lay leaders will continually walk with the Lord, experience<br />

joy in their ministry and ever grow in their witness and service.<br />

7. Churches in Turkey, Iran and Iraq. Pray that their leaders and<br />

members might experience His power and not lose hope in the face <strong>of</strong><br />

difficulties. Pray that they might continue to receive His Word and spirit,<br />

and remain faithful to their calling.<br />

8. Churches in the United States and Canada. Pray that the believers,<br />

their pastors and lay leaders will continually walk with the Lord, experience<br />

joy in their ministry and ever grow in their witness and service.<br />

9. Churches in Australia and in the Assyrian communities<br />

<strong>of</strong> Beirut and Aleppo. Pray that the believers, their pastors and lay<br />

leaders will continually walk with the Lord, experience joy in their<br />

ministry and ever grow in their witness and service.<br />

10. The physical and spiritual needs <strong>of</strong> our brethren in Armenia,<br />

Georgia, Russia, and other former Soviet countries.<br />

11. Churches in Cyprus, Egypt and Greece. Pray that the believers<br />

and their pastors and lay leaders will continually walk with the Lord,<br />

experience joy in their ministry and ever grow in their witness and<br />

service.<br />

12. Pray for <strong>Armenian</strong> missionaries involved in mission,<br />

church or service ministries in non-<strong>Armenian</strong> congregations and<br />

communities in North <strong>America</strong> and overseas.<br />

13. Haigazian University in Beirut, Lebanon. Pray that it will<br />

faithfully train young Christian leaders who will be prepared to serve<br />

Christ and their communities in the Middle East. Pray also for wisdom<br />

for the president, faculty and the governing board.<br />

14. AMAA/AEUNA Home Mission projects and <strong>Armenian</strong><br />

Evangelical Youth in North <strong>America</strong>. Pray for the effectiveness <strong>of</strong><br />

the AMAA/AEUNA joint home mission projects through which <strong>Armenian</strong><br />

Evangelicals serve critical spiritual and social needs in the <strong>Armenian</strong><br />

community <strong>of</strong> North <strong>America</strong>. Pray also for our young people as they<br />

seek to grow in the Lord.<br />

15. Revival among <strong>Armenian</strong>s worldwide. Pray for a spiritual<br />

revival in Armenia and throughout the Diaspora. Pray that <strong>Armenian</strong>s<br />

might rediscover their true heritage in Christ.<br />

16. <strong>Armenian</strong> Charitable Organizations: Children <strong>of</strong> Armenia<br />

Fund, Fund for <strong>Armenian</strong> Relief, “Hayasdan” All-Armenia Fund,<br />

Jinishian Memorial Program, Karagheusian Corporation, the Stephen<br />

Philibosian Foundation, United <strong>Armenian</strong> Fund, <strong>Armenian</strong> Relief<br />

Society, <strong>Armenian</strong> General Benevolent Union, Hope for Armenia,<br />

Dorcas Aid, and others. Pray for a spirit <strong>of</strong> cooperation among those<br />

seeking to serve the <strong>Armenian</strong> people.<br />

17. The <strong>Armenian</strong> Apostolic Church. Pray for His Holiness<br />

Karekin II and His Holiness Aram I and the Mother Church, that<br />

God might continue to raise up spiritual leaders who walk in humble<br />

obedience to Christ, meeting the deep spiritual hunger <strong>of</strong> the<br />

<strong>Armenian</strong> people.<br />

18. A spirit <strong>of</strong> unity among all the churches in Armenia and the<br />

Diaspora. Pray that they would faithfully obey Christ, work together in<br />

a spirit <strong>of</strong> love and produce much fruit in their ministry.<br />

19. Churches in Lebanon and Syria. Pray that the believers<br />

and their pastors and lay leaders will continually walk with the Lord,<br />

overcome their difficulties, experience joy in their ministry and ever<br />

grow in their witness and service.<br />

20. Churches in Armenia, Georgia, Russia, and other former<br />

Soviet countries. Pray for prepared hearts as many hear the gospel<br />

<strong>of</strong> salvation. Pray for the spiritual growth <strong>of</strong> believers and cooperation<br />

among churches and their leaders. Pray for wisdom in dealing with the<br />

unique problems they face.<br />

21. “Love your enemies and pray for those who persecute you.”<br />

Pray for the countries <strong>of</strong> Turkey and Azerbaijan. Pray that they might<br />

seek peace and cooperation with Armenia. Pray for the success <strong>of</strong> the<br />

evangelistic work going on in those countries.<br />

22. <strong>Armenian</strong> Schools in North <strong>America</strong>. Pray that these schools<br />

might train children in the way they should live as wise and generous<br />

adults, appreciative <strong>of</strong> their <strong>Armenian</strong> Christian heritage.<br />

23. <strong>Armenian</strong> Schools in Armenia, Europe and the Middle<br />

East. Pray that these schools might prepare children to be wise<br />

and generous adults, serving their communities with love and<br />

unselfish dedication.<br />

24. The Government <strong>of</strong> Armenia. Pray for the President and those in<br />

authority, that they might seek God’s guidance when making decisions,<br />

and that they might fight for truth and against injustice and corruption.<br />

25. The US Government - Pray for the President, Cabinet members,<br />

members <strong>of</strong> both houses and local government and leaders.<br />

Pray that they remain faithful to the Christian principles this great nation<br />

was founded on. Pray that God will give them wisdom and guidance.<br />

26. Refugees from Azerbaijan and Georgia. Pray for those who<br />

live as displaced people, striving to readjust to their new surroundings<br />

and find helping hands.<br />

27. Victims <strong>of</strong> wars or disasters. Pray that the believers and their<br />

pastors and lay leaders will continually walk with the Lord, experience<br />

joy in their ministry and ever grow in their witness and service.<br />

28. World Peace. Pray that God will enlighten those in authority that<br />

they may bring justice and mercy into their <strong>of</strong>fice.<br />

29. <strong>Armenian</strong>s in Karabagh. Pray for a just and final resolution to<br />

the seemingly intractable conflict, and for the safety and the urgent<br />

needs <strong>of</strong> our people there. Pray also for the local AMAA staff as they<br />

minister to the needy.<br />

30. Past leadership. Pray for those who have ministered to our<br />

churches and communities over the years that they might draw strength<br />

from the Lord in their retirement and be encouraged by their awareness<br />

that their labor was not in vain.<br />

31. Pray that God would lead you to become involved in helping<br />

meet the physical and spiritual needs <strong>of</strong> our brothers and sisters<br />

worldwide and in spreading the Good News <strong>of</strong> Jesus Christ to those<br />

needing reconciliation with God and their fellow men.


AMAA<br />

God’s Work<br />

For Our Times<br />

31 W. Century Road•Paramus, NJ 07652•Tel: 201.265.2607•Fax: 201.265.6015•amaa@amaa.org•www.amaa.org

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