Armenian Missionary Association of America
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ANNUAL
REPORT
2013-2014
1
TABLE OF CONTENTS
PAGE
AMAA Board of Directors ............................................................ 3
PRESIDENT’S MESSAGE ............................................................ 4
EXECUTIVE DIRECTOR/CEO’S MESSAGE ......................... 5
TREASURER’S REPORT ................................................................ 6
DIRECTOR OF FINANCE’S REPORT ...................................... 7
AMAA AT A GLANCE...................................................................... 8
FOREWORD
I thank God for giving me the calling to
serve Him through the Armenian Missionary
Association of America (AMAA) and the privilege
to present to you, our supporters, friends and
prayer partners, the Annual Report of the
Armenian Missionary Association of America for
the fiscal year 2013-2014.
FUNDING PRIORITIES................................................................... 9
Pursuant to our policy of full disclosure and
accountability,
we have provided the Statements of
AMAA AROUND THE WORLD............................................. 10-11
Financial Position of the AMAA as of July 31, 2014,
AMAA MINISTRIES
Churches & Missions...................................................................... 12 and statements of income and expenditures for
Evangelism..................................................................................... 12 the past fiscal year, as prepared by our Auditors,
Education........................................................................................ 13 SaxBST, Independent Certified Public Accountants.
Relief Aid........................................................................................ 13
THE NEW AVEDISIAN SCHOOL............................................... 14
FINANCIAL
2014-2015 Budget.......................................................................... 15
Report of Management................................................................... 16
Auditor’s Report.............................................................................. 17
Audited Financial Statements.................................................... 18-29
ENDOWMENT FUNDS & OTHER FINANCIAL INFO
Summary of Investments in Endowment and Trust Funds............. 30
AMAA General Endowment Funds............................................ 31-42
Armenia Relief Endowment Funds................................................. 42
AMAA Headquarters Funds............................................................ 42
Haigazian College Endowment Funds...................................... 43-45
Ministers’ & Ministers’ Widows’ Pension Endowment Funds..... 45-46
Armenian Evang’l Schools of CA, Inc. Endowment Funds............. 46
SUPPORTING CHURCHES & ORGANIZATIONS.............. 47
HISTORICAL FINANCIAL DATA............................................... 48
OTHER HISTORICAL DATA ...................................................... 49
HOW TO GIVE.................................................................................. 50
HOW TO PRAY................................................................................. 51
These reports and financial statements
were reviewed and acted upon at the 95th Annual
Meeting of the Association held on October 18,
2014 at the Headquarters of the AMAA, 31 West
Century Road, Paramus, NJ 07652.
Based on the approval of the reports, we
have prepared this Annual Report which will be
will be available to all AMAA members, friends
and supporting agencies worldwide and will be
accessible on the AMAA website at www.amaa.org.
We are grateful to God for blessing our
wonderful organization for another year. We uphold
all those who in the past, through their passion,
dedication, sacrifice and hard work, built the
foundation of AMAA. We also would like to thank
all those who supported our organization with their
prayers, participation and financial support during
this past year.
We invite you to make every effort to support
your organization with greater enthusiasm, and
invite others to join us in our worldwide outreach to
preach the gospel and provide a glass of cold water
in His name.
December 2014
Zaven Khanjian
Executive Director/CEO
Camp Sheen Shoghik in Hankavan, Armenia.
Copyright © 2014 Armenian Missionary Association of America, Inc.
All rights reserved
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Cover Photo: Avedisian School Students
Yerevan - Armenia
AMAA Board of Directors - 2013-14
OFFICERS
President: Joseph Zeronian, Ed.D.
Vice President: Nazareth Darakjian, M.D.
Treasurer: Nurhan Helvacian, Ph.D.
Assistant Treasurer: Anita Buchakjian
Co‑Recording Secretaries: Thomas Momjian, Esq. and Arsine Phillips, Esq.
EXECUTIVE DIRECTOR/CEO
Rev. Mgrdich Melkonian
WEST COAST EXECUTIVE DIRECTOR
Levon Filian
DIRECTOR OF FINANCE
David Aynejian
BOARD OF DIRECTORS
Class of 2014
Bryan Bedrosian
Anita Buchakjian
Nazareth Darakjian, M.D.
Robert Hekemian, Sr.
Kenneth Kevorkian
Louis Kurkjian
Lori
Muncherian
Harold Nahigian
Arsine Phillips, Esq.
Class of 2015
H. Steven Aharonian, M.D.
Rafi Balabanian, D.D.S.
Rev. Berj Gulleyan
Nurhan Helvacian, Ph.D.
John Kassabian, M.D.
Seta Loshkajian Nalbandian
Jeanmarie Papelian, Esq.
Carlos Taraktzian
Michael Voskian, D.M.D.
Class of 2016
Hon. Alice Altoon
Edward Avedisian
Berjouhy Gulesserian
Rev. Ara Guekguezian
Peter Kougasian, Esq.
Thomas Momjian, Esq.
Hovhannes Shnorhokian, D.M.D.
Joseph Stein
Joseph Zeronian, Ed.D.
EX‑OFFICIO
Ghevont Nalbandian (AMAC)
Joyce Philibosian Stein (Stephen Philibosian Foundation)
Minister to the Union (AEUNA)
Rev. Dr. Vahan H. Tootikian (AEWC)
PAST PRESIDENTS
H. Steven Aharonian, M.D.
Samuel Hekemian
Albert Momjian, Esq.
George Bezirganian, M.D.
Andrew Torigian
HONORARY VICE PRESIDENTS
Rev. L. Nishan Bakalian, Moderator, AEU‑North America
Rev. Megrditch Karagoezian, President, UAEC‑Near East
Rev. Joel Mikaelian, President, AEU‑France
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President’s Message
his past year saw many beginnings in the AMAA that will produce significant
results for the betterment of our Armenian Evangelical community. In addition
to continuing our many programs and projects, we have opened a new West
Coast office, engaged Mr. Zaven Khanjian as our dynamic new Executive Director/
CEO and opened the Khoren and Shooshanig Avedisian School and Community
Center in Yerevan, Armenia. Our organization is on the threshold of a new era which
will continue and expand its efforts to preach the gospel and work to improve our
community world-wide. This is happening because there continues to be committed
supporters and workers in our community who give the time and money that undergirds
these efforts. It is a wonderful statement of the spirit of God working in our midst.
Year by year as our activities expand to meet the needs of our people, the financial
wherewithal is given by our community and flows to support the need. I wish to extend
the thanks and appreciation of the Association to all who have committed funds to
our efforts this year. Your support is the foundation of our efforts.
The AMAA continues to work with and assist the Armenian Evangelical Unions
around the world, participating in programs in 24 countries. We support schools, evangelical programs and summer
camps for our youth, orphan care and assistance to needy families, medical services in Armenia and so many other
programs as are noted here in our Annual Report.
Our most significant recent efforts have been directed toward our community in Armenia. We are now in the
process of building a new church in Dilijan, the House of Hope Church in Yerevan, and a church and community center
in Gyumri. Our many kindergartens and child care centers provide education and encouragement in a Christian
environment to hundreds of children. Our wonderful summer camps served over 6,000 youth this summer at Camp
Sheen Shoghik in Hankavan, Camp Shushi Bedrosian in Karabagh and in day camps in cities throughout the country.
The multi-year effort to plan and build the Avedisian High School and Community Center has come to fruition.
On September 1, the 2014-15 school year began as construction of the new facility was completed on schedule. Over
550 students in kindergarten through grade eleven began the school year in spacious and modern facilities. The
twelfth grade will be added in September 2015. This facility on five acres of land will house grades K-12 in a modern,
environmentally advanced facility that will not only house the award-winning school, but is emblematic of our efforts
in Armenia as a whole. The center has all the facilities to avail itself to a wide range of educational and community
functions. It is as fine a school campus as may be found anywhere in the world.
The program to enhance the knowledge and skills of our clergy in Armenia continued this year under the
direction of Reverend Mgrdich Melkonian, even as he took on the additional duty of Interim Executive Director/CEO.
Ministers in our churches have engaged in an in-depth program of in-service training, aimed at improving their skills.
His efforts are directed at improving the knowledge and expertise of our ministerial staff, helping them to be as effective
as possible in preaching the Word and working with their parishioners.
Under the most trying circumstances for our people in Syria, we continue to receive funds from our supporters
and direct them to our communities in Syria as the turmoil and violence continues. We have and will continue to call
on our supporters to extend significant aid to our fellow Armenians during this disruptive and threatening time. Since
our original call for financial support two years ago, our community has responded generously and over $700,000 in
relief has been sent to date.
As always, we look forward with hope, faith and the spirit of service. I thank you for your support in prayer,
effort and substance. Your support helps a dedicated staff and the many volunteers who work daily for the success of
the AMAA in all its manifestations all over the world. May God bless you and your family and may He guide the efforts
of the AMAA.
Respectfully submitted,
Joseph Zeronian, Ed.D., President
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Executive Director/CEO’s Message
I
praise God for giving me the privilege, honor and responsibility to serve Him as the
Executive Director/CEO of the AMAA since November 1, 2013.
For the first few months, I spent time in orientation to understand the position,
the projects, the AMAA ministry and my role, because there was no formal transition
process in place.
I would like to report the highlights of what I have done this past year.
1. AMAA Headquarters in Paramus
I tried to create a pleasant atmosphere in the office to help the staff trust
each other, respect each other and work hand-in-hand with each other for
productivity. I tried to understand the workflow of the daily responsibilities of
each staff member, trying to make slight changes in the job descriptions to
use the resources wisely.
A. Two AMAA staff members resigned, unrelated to each other. First was
the Child Sponsorship Manager whom I have replaced with a new person,
Lucy Rastguelenian, who started July 1st. The second was the Development Director’s Assistant. With the blessing of the AMAA Personnel Committee Chairs Thomas Momjian and Fred Simonian, I arranged for a part-time staff member, Magda Poulos,
to fill the gap.
B. I prepared the Employee Performance Evaluation Form for the AMAA staff in Paramus and we completed
the process in July.
2. Visiting AEUNA Churches, Promoting the AMAA
I visited nine AEUNA churches, preached, prepared and presented the AMAA Mission Power Point during or
after the church services. During these visitations, needless to say, I also visited some AMAA friends and donors.
I attended the AEUNA Executive, Board and General Assembly meetings at the end of June 2014 in Fresno,
California, to represent the AMAA.
3. Armenia
I visited Armenia three times during 2014: February 6-18, May 5-15, and September 20 - October 10. During
these visitations, I worked on:
A. AMAA Mission: Meeting with senior staff in Armenia, planning the evaluation process of our projects in
Armenia, visiting construction buildings, Avedisian School and some dignitaries, including the Catholicos.
B. ECA Mission: Meeting with the Board of the ECA, leading the ordination process of three ministers through
the ECA Ministry Committee. Work and completed the bylaws of the ECA. Planned, organized and led a.)
Pastor’s Seminar (May 7-10, 2014) about New Testament Introduction/Theology, the teacher was Rev. Dr.
Avedis Boynerian of Boston, MA. b.) Pastors Prayer Retreat, September 22-25, 2014. The speaker was
Rev. Dr. Ron Owens.
C. During my Armenia visitation I also officiated at the Installation service of five young pastors who previously
accomplished the internship program. They are: Aram Papajanyan and Avedik Khachderyan in Yerevan,
Vartan Apinyan in Shiragamoud, Atom Simonyan in Pert, Tavid Babayan in Noyemperyan, and Arman
Mardirosyan in Sissyan.
D. After planning, training and mentoring, I also officiated at the Ordination service of Hovig Hovsepyan at
Paghramyan, Hrant Badalyan of Ardashad and Arthur Ochinyan of Alaverdi on October 5, 2014.
E. I was involved in the opening ceremonies of the Avedisian School on October 8, 2014.
4. Public Relations
I visited dignitaries, attended banquets and events representing the AMAA, bringing greetings and prayers to
these events.
5. Middle East
I visited Lebanon at end of last April with some Near East Committee members and attended the AEWC
meetings, Near East Union/AMAA meeting, the Haigazian University Board meeting, KCHAG Opening Ceremonies,
preaching in the churches and visiting Social Service Center, the KAHL, The Catholicos of Antelias. Visited and
preached in Anjar church and met with pastors and church leaders.
6. New Executive Director/CEO
Mr. Zaven Khanjian started on September 1st as the new AMAA Executive Director/CEO. The two-month
transition period was smooth and productive.
Respectfully submitted,
Rev. Mgrdich Melkonian, Executive Director/CEO
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Treasurer’s Report
I
t was my honor and privilege to serve as the Treasurer of the Armenian Missionary Association of America, Inc. (AMAA). I am pleased to report to you that the
AMAA’s revenues from contributions, bequests and investments exceeded our
expectations in the fiscal year 2013-14. The audited year-end financial results, as
of the year ending in July 31, 2014, show that the total revenue was $21.6 million,
while expenses on programs and support activities were $9.3 million, resulting in a
$12.3 million surplus. At year end, the AMAA net assets were valued at nearly $162.1
million, a record high, up from $149.8 million from the previous year.
The revenues from contributions and bequests were $7.8 million, up from last
year’s $6.5 million. However, $6.0 million of which was temporarily restricted for
capital projects and relief efforts, including construction of the Avedisian School and
collections for the Syrian relief. The unrestricted contributions declined through last
year, down to $1.3 million last year from almost $2.0 million from the previous year
and $2.4 million from the year before. The declining trend is largely responsible for a cash flow shortfall in funding the
operations and administrative overhead. The shortfall was financed by funds from the endowments over and above the
AMAA’s traditional appropriation policy. The investment income was $4.4 million, up from $4.2 million in the previous
year, and the combined realized and unrealized capital gains from the endowments was $9.4 million, still substantial
but less than the capital gains in the previous year ($11.1 million).
The Association’s spending on core missions and activities continued unabated. The AMAA spent nearly $9
million, net of depreciation, last year in 24 countries, including the following: for relief ($4.1 million), on education ($633
thousand), evangelism ($860 thousand), churches and missions ($355 thousand), and publications ($115 thousand).
Total spending on capital projects was nearly $10 million in the fiscal year, including outlays of $7.6 million for construction
of the Avedisian High School and the Bilezikian Elementary School building in Yerevan, purchase of the House of Hope
and other church constructions in Armenia, and camp renovations in Armenia and Karabagh.
This year’s financial statements were once again audited by the independent Certified Public Accounting firm
of SaxBST. The independent auditor’s comments and financial statements are included as part of the Annual Report. I
encourage each member to review these statements, and to direct your questions either to me or David Aynejian, the
Director of Finance, or George Takach, the Controller.
I am grateful to Dr. Michael Voskian, the Chairman and all the other members of the Investment Committee for
their diligence, and valued input which they provided toward devising a new AMAA appropriation policy. Most importantly, I thank God for the AMAA supporters whose generosity and volunteerism are the foundation of the organization.
Their talents and dedication enables the AMAA to carry out its holy mission and vital services around the world.
Respectfully submitted,
Nurhan Helvacian, Treasurer
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Director of Finance’s Report
he finance function of the AMAA entails organizing, budgeting and controlling
the financial and operational activities of the organization under the direction
of the Treasurer, Executive Director/CEO and Board of Directors. As we have
done in the past, our goal is to properly manage and report on the funds of the AMAA
with complete transparency and accountability. We achieve this goal through the
development of a comprehensive internal control framework designed to improve
and/or maintain organizational performance and governance.
The past year has been a full and active year for the AMAA. It has not just
been a time of service, but also a pioneering time for the organization. In January
2014, the AMAA opened a new West Coast office in Glendale, CA. Construction on
the Avedisian School continued throughout the year, culminating in its opening this
past September 1. Also in September 2014, we had a new Executive Director/CEO,
Zaven Khanjian, join the AMAA. And during the year, the AMAA has continued to
focus on the needs of our brothers and sisters in Syria.
While the organization is carrying out its mission, it is not without hurdles. This past year the AMAA received
fewer donations than it has in the past, which has caused a strain on the finances of the organization. However, it does
not and will not cause a strain on continuing to serve the Lord through these necessary projects.
As I look at our budget and the financial hurdles we face, I am reminded of one of the names of our Lord,
Jehovah Jireh. The meaning of this name is, “The Lord Who Provides.” This is a name that fits very well with the AMAA
and its history. I cannot overstate how generous the Lord has always been in blessing the AMAA financially, and I am
confident that He will continue to do so.
As I have stated in the past, our greatest resource is your prayers and I ask for your prayers for the upcoming
year in these particular areas:
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Wisdom as we carry out the operations of the AMAA (James 1:5, Proverbs 4:6-7, 16:16);
The necessary funds needed to carry out God’s will via the AMAA, and the guidance to manage the assets He
has entrusted us with (2 Corinthians 9:8, Philippians 4:19, Matthew 25:14-30).
This year, I would also like to request additional prayers for our brothers and sisters in Syria. They live in a
state of constant threat, and there is no telling where the next attack will come from. The events from this past spring
in Kessab serve as a perfect example that no one is safe, and they need our prayers and support now more than ever.
I would like to thank the Board and staff for all their help and support over the past year. In particular, I would
like to thank Nurhan Helvacian, our Treasurer, who spends a significant amount of time in the office and on AMAA
projects. I would also like to thank Rev. Mgrdich Melkonian, who accomplished a great deal during his tenure as Interim
Executive Director/CEO, and was a great support and encouragement to everyone in the office. Also, the Accounting
staff has spent a lot of time over the last year working on various projects, and I would like to thank George Takach,
Controller; Armen Stepanyan, Armenia Controller; and Lisa Sudibya, Accountant, for all their work. And, with the loss
of two staff members during the year, I would like to thank the rest of the AMAA staff who picked up the slack while
replacements were sought.
Above all, I thank God for all He has done and given. I look forward to the future and how the Lord will use the
AMAA. All praise to our Lord and Savior Jesus Christ, and glory to God our Father for ever and ever!
Respectfully submitted,
David G. Aynejian, Director of Finance
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AMAA At A Glance
he Armenian Missionary Association of America, Inc. (AMAA) is committed to excellence in all
it does, because we work for our Lord. This is made possible through the grace of God, who
provided people the will to sacrifice their time and financial resources make it possible. With God’s
blessing and direction, we have become a strong, effective organization, understanding and reaching
our communities around the world with Christian service relevant to our times.
T
The AMAA has at heart the religious cultivation, spiritual growth and development of the Armenian
people, enabling them to stand firmly in their Christian faith and to devote themselves to Christian
mission expressed through the church, education and relief efforts.
Therefore, the AMAA acts as an Armenian Evangelical missionary organization within the family of the
Armenian Evangelical Church and the universal church of Jesus Christ.
The AMAA was founded in 1918 in Worcester, MA and incorporated as a non-profit, charitable
organization in 1920 in the State of New York. The AMAA is tax-exempt under Internal Revenue
Code Section 501(c)(3).
The AMAA’s purpose is to serve the physical and spiritual needs of people everywhere, both at home
and around the world. To fulfill this worldwide mission, the AMAA maintains a range of educational,
evangelistic, relief, social service, health care, church and child care ministries in 24 countries.
The AMAA is governed by an elected Board of Directors composed of 27 unpaid members and has
many other volunteers serving on its various committees. The AMAA also cooperates with many
Armenian and non-Armenian organizations worldwide in accomplishing its mission. We appreciate all
the time, talent, and effort put forth by these individuals and organizations allowing us to accomplish
all that is necessary.
The mission and service ministry of the AMAA is made possible through the Grace of God and by the
gifts of individuals, churches, and other organizations committed to fulfilling the Great Commission –
“Go into all the world and preach the Gospel to all creation.” (Mark 16:15)
Holy Trinity Armenian Church, North Hollywood, CA
The AMAA purchased the Holy Trinity
Armenian Church and School facilities
in North Hollywood, CA, to secure the
continued ministry they have been
providing for the last 12 years. The
Church has a preschool program with
60 children. Recently, the ministry of
the Church expanded by opening a
music school, teaching piano, violin,
and voice training. The Church works
closely with the AMAA and raises funds
to support its ministries.
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Funding Priorities
The primary mission of the Armenian Missionary Association of America (AMAA) is to continue improving the quality
of life by providing assistance in the following areas:
▪ Churches and Missions
▪ Education
▪ Evangelism and Discipleship
▪ Health and Humanitarian Relief Programs
This year, the Board, the Executive Director/CEO, and the entire staff made great efforts to implement the following
projects:
1. The Khoren and Shooshanig Avedisian School and Community Center and the Krikor and Beatrice Bilezikian
Building in Yerevan. On September 1, 2014, the Khoren and Shooshanig Avedisian School and Community Center
and the Krikor and Beatrice Bilezikian Building in Yerevan (the Avedisian School) opened its doors for the first day of
the new school year. We thank God for the generous contributions made by Edward and Pamela Avedisian for the
construction of the middle and high school, Charles and Doreen Bilezikian for the construction of an elementary school,
as well as the donations made by many other donors.
Construction began in the summer of 2012 and finished in August of 2014. This was accomplished using a coordinated
effort over the last two years between the construction team, construction committee and the AMAA offices in Paramus
and Yerevan, in order to ensure that school would be opened by September 1. The Avedisian School can hold up to
700 students from kindergarten to 12th grade and is in the process of obtaining LEED certification. The School boasts
many eco-friendly amenities, such as grass roof tops and solar panels. The AMAA celebrated the opening of the School
on October 8, 2014, with ribbon cutting ceremonies, a gala banquet, and a visit from President Serzh Sargsyan.
The AMAA is focused on raising funds for the Avedisian School Endowment Fund, which will be used to fund the
operations of the School. We invite you to make a contribution toward the Endowment Fund to help in the ongoing
operation of the School. We take this opportunity to thank all the donors and challenge our friends and supporters to
participate in this great mission to provide the best academic and Christian education in Armenia.
2. KCHAG Camp, Beirut, Lebanon. KCHAG is a camp and retreat facility of the Union of Armenian Evangelical
Churches in the Near East (UAECNE). Established in 1949, the Camp continues to make its mark on the lives of
many Armenians in Lebanon. The UAECNE resumed conducting youth camps in 2010. In May 2014, seven refurbished bungalows and dormitories were dedicated at a ceremony held at the camp. In addition to these buildings, the
KCHAG Dining Hall was refurbished through the generous donation of Drs. Nazareth and Ani Darakjian, in honor of
Rev. Barkev Darakjian.
3. Syria Relief. In 2012, the AMAA Board realized the situation in Syria and determined to raise $500,000 to help our
brothers and sisters in Syria. As we closed the books for fiscal year 2013-2104, the AMAA had raised over $700,000,
and we continue to focus on this ever present need. These funds have gone to help with basic needs, such as food
and shelter, to helping refugees in Lebanon, Armenia and other parts of the world. We take this opportunity to thank
all donors for their generous support. As the situation in Kessab last spring illustrates, we are reminded of the ever
present danger, and the need to help those who are suffering due to the ongoing conflict in Syria.
4. Camp Sheen Shoghik, Hankavan, Armenia. Throughout the year, the AMAA has continued its efforts to refurbish
and upgrade the Camp. Most notably and thanks to a generous donation from TF Educational Foundation, the AMAA
was able to renovate a building to be used as a conference center. In the spring of 2015, the AMAA will complete the
renovation by purchasing furniture for the conference center. This will make the Camp viable not just in the summer
months, but the whole year as well.
5. Holy Trinity Armenian Church, North Hollywood, CA. The AMAA purchased the Church in the fall of 2014 in
order to lease it to the Armenian congregation it serves, ensuring that they will have a place to worship.
6. Dilijan Church, Armenia. The Church was established in a small apartment in 2000. It has grown to over 60
members and 120 participants. Construction for a new church and fellowship facilities is underway with completion
scheduled for 2015.
We welcome you to join us to KEEP TELLING THE STORY with your prayers and generous and cheerful donations.
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AMAA Serving the Needs of Ou
DURING THE FISCAL YEAR 2013-2014, WITH YOUR GENEROUS AND CHEERFUL CONTRIBUTIONS,
THE FOLLOWING MINISTRIES WERE SUPPORTED BY THE AMAA THROUGHOUT THE WORLD
ARMENIA
• Relief to families
• Sponsorship of 2,800 children & families
• Sponsorship of the elderly
• Health Care Center in Yerevan
• Dental Clinic in Vanadzor
• Support for various development projects
• Avedisian School operations in Yerevan
• Operation of six Kindergartens
• Scholarships to College & University students
• Hankavan Summer Camp for over 1,600 children
• Christian Education Programs in 33 locations
• Milk Formula for over 500 babies
• Christmas Programs and distribution of gifts to over 7,000 children
• Publication and distribution of Bibles and Christian literature
• Support for Day Care centers, nurseries, children’s hospitals
• Support for the ministries of the Union of the Evangelical Churches and its 32-member churches and fellowships
ABKHAZIA
• Support the ministry of the Armenian Evangelical
Church
• Distribution of Christian literature
ARGENTINA
• Relief to families and elderly people
• Distribution of Bibles & devotional literature
AUSTRALIA
• Distribution of Christian literature
CANADA
• Support the Armenian Evangelical Church of
Cambridge
• Scholarships to College students
• Distribution of Christian literature
CYPRUS
• Distribution of Christian literature
EGYPT
• Support the Armenian Evangelical Church
• Distribution of Christian literature
FRANCE
• Support Christian Camps
• Financial aid to Panpere publication
• Support the general Ministries of the Armenian
Evangelical Union of France
• Distribution of Christian literature
• Relief to retired teachers and pastors
• Support the Armenian Evangelical Fellowship of
Europe
• Church and camp building renovations
GEORGIA
• Support the ministry of three Armenian Evangelical
Churches
• Funding of Summer Youth Camp
• Relief to families
• Distribution of Christian literature
GERMANY
• Support the ministry in Eppingen, Kehl and Stuttgart
• Distribution of Christian literature
BELGIUM
• Support for the Armenian Evangelical Church
• Subsidize the salaries of ministers and Christian workers
• Distribution of Christian literature
BRAZIL
• Support the Armenian Evangelical Church
• Distribution of Christian literature
• Scholarships to College students
• Relief to families
BULGARIA
• Support the Armenian Evangelical Churches
• Support Children and Youth Summer Camps
• Relief to families
• Distribution of Christian literature
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Armenian Evangelical Church of Sao Paulo, Brazil.
of Our Communities Around the World
GREECE
• Support the Armenian Evangelical KG of Kokkinia
• Support the ministries of two churches in Athens
• Distribution of Christian literature
HOLLAND
• Support missionary work in Armenian Communities
• Distribution of Christian literature
IRAN
• Support the ministry of three local churches
• Distribution of Christian literature
IRAQ
• Support the ministry of the Armenian Evangelical Church of Baghdad
KARABAGH
• Relief to 200 orphans and needy children
• Operate Shushi Summer Camp
• Support Christian Education Programs for children and youth • Distribution of milk formula to infants with special needs
• Operation of six Kindergartens
• Distribution of Christian literature
LEBANON
• Support Haigazian University
• Support four High Schools, one Middle School and one Elementary School
• Support the Centers for the Armenian Handicapped
• Support Daily Vacation Bible Schools
• Support Christian Endeavor Youth Camps
• Support the Armenian Evangelical Social Service Center
• Subsidize the salaries of pastors
• Support youth ministries
• Relief to families
RUSSIA
• Support the ministries of the Armenian Evangelical Churches of Moscow and Sochi
• Distribution of Christian literature
SYRIA
• Support six Elementary Schools and one Secondary
School
• Financial aid to KCHAG Summer Camp in Kessab
• Financial aid to Daily Vacation Bible Schools
• Financial aid to churches
• Relief provision to retired teachers
• Financial aid to the Association for the Armenian Blind
• Financial aid to the Armenian Old Age Home of Aleppo
ol in Yerevan,
o
Avedisian Sch
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Armenia.
Subsidize the salaries of pastors
Support the medical and dental clinics of Christ’s Church in Aleppo
Support Arevik Youth Center
Support social and relief services
Actively participate in Syria Armenian Relief Fund
TURKEY
• Distribution of Christian literature
• Support local Armenian Evangelical Churches
UNITED STATES
• Financial aid to Armenian Evangelical Churches & Fellowships
• Financial aid to Armenian Evangelical Merdinian & Sahag-Mesrob Schools
• Financial aid to Theological students and interns
• Financial aid to Ararat Home
• Financial aid to Camp Arev and Camp Arevelk
• Financial aid to the AEUNA’s Youth Ministry
• Financial aid to AEUNA’s publication
• Scholarships to College and University students
• Organize Literary Contests
• Distribution of Christian literature
URUGUAY
• Financial assistance to the local church
• Relief provisions to families
• Distribution of Christian literature
OTHER COUNTRIES
• Support the Ferraz de Vasconcellos Mission Center of the Armenian Evangelical Church of Sao Paulo
• Emergency relief aid for victims of natural disasters
• Support new ministries in other countries
11
Churches and Missions
The future home of the Armenian Evangelical Center in
Dilijan, Armenia.
The dedication of the newly renovated and refurbished KCHAG
Camp Dining Hall in Lebanon, in honor of Rev. Barkev N.
Darakjian. This was made possible by a generous donation from
Drs. Nazareth and Ani Darakjian (standing 4th and 5th from right).
Evangelism
The AMAA was established through the vision
of Armenian Evangelical Churches in the United
States for missions and they became the mainstay
of support for its programs. Over the years, the
AMAA supported churches and missions both
at home and overseas. As large numbers of
Armenians emigrated to new areas, the necessity
to establish new churches became essential.
Through the AMAA’s support, churches are
planted and supported in North America, Armenia,
Europe, and the Middle East. Today, there are 145
Armenian Evangelical Churches and Fellowships
around the world where the Gospel is preached.
Through the Bedrosian family’s (of Fresno, CA) ongoing support, the
roofs of the outdoor cabanas of Bedrosian Camp in Shushi, Karabagh were
replaced, enabling them to withstand the strong Shushi winds. However, the
gift that the children loved most was a brand new playground for both the
campers and the children of the neighbourhood. The Opening Ceremony for
the playground took place on July 4 with the presence of Bryan and Rosie
Bedrosian attending the event.
Teach, preach, and be a witness to all nations — this is evangelism. It was the vital command
that Jesus gave to His disciples. The AMAA has faithfully followed Christ’s instruction and today
the AMAA supports 45 major evangelistic
programs including Bible Study groups, Child
Evangelism, Summer Camps, daily Vacation
Bible Schools, missionary outreaches, and
distribution of Bibles and Christian literature.
Through these programs, not only has the
AMAA changed the lives of thousands of
people, but it has also inspired hope for future
generations. Bringing people the good news
of eternal life in Christ is the best and most
important part of all that the AMAA does.
Armenian Evangelical Church of Belgium - Family Retreat.
12
Education
Education is the most important asset that can be
provided to an individual. Armenian Evangelicals have
been pioneers in establishing exceptional schools and
colleges. Armenian Christian education has not only
been instrumental in maintaining Armenian heritage,
but also in the survival of a nation. It is essential that we
capture the next generation — our future. Twenty-five
Armenian Evangelical Schools in Armenia, the Middle C. & E. Merdinian Armenian Evangelical School of Sherman
Oaks, CA.
East, and North America rely on the AMAA’s support.
Over 1,000 needy students receive tuition aid. The
newly constructed Avedisian School is entirely funded by the AMAA,
while Haigazian University, the only institution of higher education
in the Armenian Diaspora, receives funding from the AMAA. Each
year, approximately 150 college students in the United States and
Armenia receive scholarships, making it possible for them to receive
a higher education.
Through the help of the AMAA, our young generation is prepared
to meet the challenges as they grow and become successful
clergymen, teachers, businessmen and businesswomen,
diplomats, lawyers, social workers and professionals, not only
economically, but morally and spiritually.
Students from the Boarding Department of
the Armenian Evangelical Secondary School
of Anjar, Lebanon.
Relief Aid
Meeting the needs of the impoverished is a command of the Lord, as we
read in Matthew 25, especially with respect to caring for those whose
conditions are most destitute.
The AMAA accepts this command very seriously and has provided relief
aid and human services to thousands of people around the world, including
those affected by wars or natural disasters. Together with the support of its
members, friends, and partner organizations, the AMAA provides food for the Relief aid to the children
hungry, shelter to the homeless, medical care for the sick, clothing to the na- of the bordering villages of
Armenia.
ked, care for the
children and elderly and
love to those who are desperate and hopeless. Thousands of needy
children and their families are sponsored.
Social service offices reach out to the needy
and soup kitchens and medical clinics have
improved the health of many of the needy.
Relief aid to our people in Aleppo, Syria.
These services were rendered not only in
response to the needs, but also in response to God’s calling. AMAA —
caring for the least of our brothers and sisters in Christ since 1918.
13
A Brief History of the Avedisian School
The original
Avedisian School
building 1999-2013.
The Avedisian School in Yerevan, Armenia was founded by
a generous grant from Edward and Pamela Avedisian and their
family, in honor of Edward’s parents, Khoren and Shooshanig.
The School was established in an existing building in the MalatyaSepastya District of Yerevan, one of the poorest in the city, as the
Armenian Missionary Association of America (AMAA) received a 99
year lease at no charge. After much renovation to the building, the
School opened its doors on September 20, 1999 as a tuition-free
kindergarten with 75 students in three classes.
Each year, a new grade was added to the School, so that the
students could continue their education. Over time, the School
established itself as one of the premiere academic institutions in
Armenia. It became home to over 300 students as well as 56 staff
members, including 32 teachers. The School would go on to win
multiple awards, including a Gold Medal in 2004 from the Minister
of Education for best school administration in Armenia, an award
given only once every five years.
Over time and for a variety of reasons, the School outgrew the
building in which it was housed. With the interests of the children and
the future of Armenia in mind, Mr. Avedisian decided that he would make
another significant donation for a new school building. After securing the
land in 2009, plans began for the construction of the new school.
On June 22, 2012, construction began for a new building which
would house grades 4 through 12. The goal was to have the School
open for the academic year beginning on September 1, 2014. This goal
became even more difficult as plans for an elementary school building
were added on to the project in February, 2013, thanks to a generous
donation from Charles Bilezikian.
The Gound Breaking Ceremony of
the new Avedisian School building.
The School sets itself apart from the other academic institutions in
many ways, but particularly in two. First, the School’s continued commitment to academic excellence. Second, the new School features
many eco-friendly features, which will enable it to obtain international
certification from LEED (Leadership in Energy and Environmental
Design) and become the first LEED-certified building, not only in
Armenia, but in the entire region.
The new Avedisian School under construction.
With a lot of hard work, the construction team met its goal.
On September 1, 2014, the Khoren and Shooshanig Avedisian
School and Community Center and Bilezikian Elementary
School Building were opened for the academic year. The
AMAA celebrated the opening of the School on October 8,
2014, with ribbon cutting ceremonies, a gala banquet, and a
visit from President Serzh Sargsyan.
We thank God for all the generous donations made for
this project, and we praise Him for this wonderful ministry!
14
The new Khoren and
Shooshanig Avedisian School
and Community Center.
Financial Reports
ARMENIAN MISSIONARY ASSOCIATION OF AMERICA, INC.
ANNUAL
BUDGET
-- SUMMARY
ARMENIAN
MISSIONARY
ASSOCIATION
OF AMERICA, INC.
ANNUAL2014
BUDGET
-SUMMARY
- 2015
2014 - 2015
Budget
2013-2014
Actual
7/31/14
Budget
2014-2015
Variance
Budget/Actual
4,130,735
3,542,500
4,370,457
7,313,325
4,422,184
2,670,269
51,727
(4,643,056)
7,673,235
11,683,782
7,092,453
(4,591,329)
1,167,882
2,538,500
760,859
840,350
305,000
91,470
72,000
1,639,500
5,000
75,000
1,000
237,688
1,602,170
3,299,575
588,255
442,228
764,066
39,831
115,296
1,883,464
0
38,938
1,000
159,598
1,325,158
2,788,500
646,059
773,050
286,000
89,040
72,000
1,919,300
0
0
1,000
276,574
(277,012)
(511,075)
57,804
330,822
(478,066)
49,209
(43,296)
35,836
0
(38,938)
0
116,976
7,734,249
8,934,421
8,176,681
(757,740)
2,749,361
(1,084,228)
Income:
Endowment Funds
Anticipated Contributions
Total Income
Expenses:
Education
Armenia Relief
Other Relief
Evangelism
Churches & Missions
Leadership Develop. & Theol. Training
Publications/Book Service
Administration/Support Services
Contingency Funds
Designated Gifts (Transmittals)
Living Trusts
Specified Uses (Specific Mission Proj.)
Total Expenses
Net Surplus/(Deficit) W/O Depreciation
Depreciation Expense
Net Surplus/(Deficit) With Depreciation
(61,014)
465,000
(526,014)
368,028
2,381,333
700,000
(1,784,228)
(3,833,589)
331,972
(4,165,561)
15
Report of Management
Management is responsible for the accompanying consolidated financial statements, related notes thereto,
and all other financial information presented herein. The consolidated financial statements have been
prepared in conformity with accounting principles generally accepted in the United States of America. In
management’s opinion, the consolidated financial statements present fairly the organization’s financial
position, results of operations, and cash flows. In addition, information and representations included in
the organization’s Annual Report are consistent with the financial statements.
The organization maintains a system of internal accounting policies, procedures, and controls intended
to provide reasonable assurance at appropriate costs, given the inherent limitations of all internal control systems, that transactions are executed in accordance with organization authorization, are properly
recorded and reported in the financial statements, and that assets are adequately safeguarded. The
organization’s independent accountants continually evaluate the adequacy and effectiveness of this
system of internal accounting policies, procedures, and controls to the extent required under generally
accepted auditing standards. Management takes the appropriate actions to correct deficiencies as they
are identified.
The Audit Committee of the Board of Directors is composed solely of nonemployee members and is responsible for overseeing and monitoring the quality of the organization’s accounting and control practices.
The Audit Committee meets throughout the year with management and the independent accountants to
discuss audit activities, internal controls, and financial reporting matters. The Audit Committee reports
its activities to the Board of Directors. The independent accountants have unrestricted access to the
Audit Committee, without the presence of management.
Rev. Mgrdich Melkonian
Interim Executive Director/CEO
16
17
Armenian Missionary Association of America, Inc.
Statements
of Financial Position
Armenian Missionary Association of America, Inc.
of Financial
As ofStatements
July 31,
2014 Position
and 2013
As of July 31, 2014 and 2013
The Armenian Missionary
Association of America
(AMAA) emphasizes full
financial disclosure, accountability and
careful stewardship.
ASSETS
2013
2014
Cash
353,980
$
1,381,344
Other receivables and prepaid expenses
311,915
33,152
307,830
680,002
0
---
973,725
2,094,498
Cash equivalents
11,490,362
14,023,812
Corporate stocks
100,242,371
91,545,634
Bonds and notes
3,086,509
3,242,958
27,010,146
27,010,146
141,829,388
135,822,550
575,979
1,012,686
21,494,063
13,584,895
164,873,155
$ 152,514,629
Pledges receivable, less allowance for doubtful pledges
of $387,000 in 2014 and $387,000 in 2013 (Note 3)
NET ASSETS OF
THE AMAA
Other receivables
Total Cash and Receivables
Investments: (Note 4)
Real estate
$165MM
$134MM
$123MM
$150MM
$137MM
Total Investments
Loans receivable, less allowance for doubtful
accounts of $459,000 in 2014 and $59,000 in 2013 (Note 6)
Land, buildings, and equipment at cost, less
accumulated depreciation of $3,725,005 in 2014
and $3,356,977 in 2013 (Note 7)
Total Assets
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses
2010
2011
2012
2013
2014
Custodial accounts (Note 8)
Total Liabilities
127,300
$
122,449
2,612,303
2,526,056
2,739,603
2,648,505
18,993,905
13,502,078
Net Assets
Unrestricted (Note 9)
God is not unjust; he will
not forget your work and
the love you have shown
him as you have helped
his people and continue to
help them. (Hebrews 6:10)
Undesignated
Temporarily restricted (Note 10)
Permanently restricted (Note 11)
Total Net Assets
Total Liabilities and Net Assets
6,554,640
9,456,715
136,585,007
126,907,331
162,133,552
149,866,124
164,873,155
$ 152,514,629
The notes to the financial statements are an integral part of these statements.
The Notes to the financial statements are an integral part of these statements.
18
18
Armenian Missionary Association of America, Inc.
Armenian Missionary
Association
ofAssets
America, Inc.
Statement of Activities
and Changes in Net
For
the
Year
Ended
July
31,
2014
Statements of Activities and Changes in Net Assets
For the Year Ended July 31, 2014
Unrestricted
Temporarily
Permanently
Restricted
Restricted
Total
Revenues, Gains & Other Support
Contributions and bequests
Net realized gains (losses) on investments
Net unrealized gains (losses) on investments
Investment income (Note 4)
Transfer investment income
Net assets released from restrictions Satisfaction of program objectives
$
1,284,542
$
3,836
0
$
532,525
$
7,845,796
32,363
1,607,335
1,643,534
(6,139)
7,716,230
7,710,091
1,501,973
2,531,999
4,370,456
3,982,707
(1,293,047)
(2,689,660)
---
9,186,707
(9,165,954)
(20,753)
---
14,794,276
(2,902,075)
336,484
Total Revenues, Gains & Other Support
6,028,729
9,677,676
21,569,877
Program Services
Education
Child education
General scholarship
Leadership and theological training
Haigazian University of Beirut
Relief
Evangelism
Churches and missions
Publications
Living trusts
633,898
---
---
633,898
185,910
---
---
185,910
26,914
---
---
26,914
791,711
---
---
791,711
4,063,324
---
---
4,063,324
859,753
---
---
859,753
355,959
---
---
355,959
115,296
---
---
115,296
1,000
---
---
1,000
158,344
---
---
158,344
293,799
---
---
293,799
1,448,513
---
---
1,448,513
368,028
---
---
368,028
Total Expenses
9,302,449
---
---
9,302,449
Change in Net Assets
5,491,827
(2,902,075)
9,677,676
12,267,428
13,502,078
9,456,715
126,907,331
149,866,124
Supporting Services
Travel and hospitality
Legal and professional fees
Office administration
Depreciation
Net Assets at Beginning of Year
Net Assets at Year-End
$
18,993,905
$
6,554,640
$
136,585,007
$
162,133,552
The Notes to the financial statements are an integral part of these statements.
The notes to the financial statements are an integral part of these statements.
HOW INCOME WAS RECEIVED...
... HOW IT WAS SPENT
Percentage of Income
Percentage of Expenses
EVANGELISM
9%
INVESTMENT INCOME
20%
GAINS OF INVESTMENTS
43%
CONTRIBUTIONS
37%
EDUCATION
18%
PUBLICATIONS
1%
RELIEF
44%
CHURCHES & MISSIONS
4%
ADMIN/DEVELOPMENT
24%
19
19
Armenian Missionary Association of America, Inc.
Armenian Missionary Association of America, Inc.
Statement
of Activities
andChanges
Changes
Net Assets
Statement
of Activities and
in Net in
Assets
For the
Year
July
31, 2013
For the
YearEnded
Ended July
31, 2013
Unrestricted
Temporarily
Permanently
Restricted
Restricted
Total
Revenues, Gains & Other Support
Contributions and bequests
Net realized gains (losses) on investments
Net unrealized gains (losses) on investments
Investment income (Note 4)
Transfer investment income
Net assets released from restrictions Satisfaction of program objectives
$
1,956,287
$
(171)
10,566
374,776
Total Revenues, Gains & Other Support
4,212,146
$
348,930
$
6,517,363
8,836
1,818,885
1,827,550
26,895
9,242,774
9,280,235
4,210,424
1,451,538
2,384,110
3,777,806
(1,210,340)
(2,567,466)
---
3,277,603
(3,260,188)
(17,415)
---
9,396,867
1,228,887
11,209,818
21,835,572
1,047,078
---
---
1,047,078
221,851
---
---
221,851
Program Services
Education
Child education
General scholarship
Leadership and theological training
Haigazian University of Beirut
Relief
Evangelism
Churches and missions
Publications
Living trusts
78,615
---
---
78,615
463,830
---
---
463,830
3,704,155
---
---
3,704,155
615,511
---
---
615,511
362,408
---
---
362,408
106,175
---
---
106,175
1,000
---
---
1,000
77,697
---
---
77,697
14,085
---
---
14,085
1,454,760
---
---
1,454,760
428,165
---
---
428,165
8,575,330
---
---
8,575,330
821,537
1,228,887
11,209,818
13,260,242
12,680,541
8,227,828
115,697,513
136,605,882
Supporting Services
Travel and hospitality
Legal expense
Office administration
Depreciation
Total Expenses
Change in Net Assets
Net Assets at Beginning of Year
Net Assets at Year-End
$
13,502,078
$
9,456,715
$
126,907,331
The notes to the financial statements are an integral part of these statements.
The Notes to the financial statements are an integral part of these statements.
20
$
149,866,124
Armenian Missionary Association of America, Inc.
Statements
of CashofFlows
Armenian
Missionary Association
America, Inc.
Statements
Cash31,
Flows
For the Years
Ended of
July
2014 and 2013
For the Years Ended July 31, 2014 and 2013
Cash flows from operating activities:
Change in net assets
Adjustment to reconcile change in net assets to net cash
from operating activities:
Depreciation
Net unrealized (gains)/losses on investments
Net realized (gains)/losses on investments
2014
2013
$ 12,267,428
$ 13,260,242
(Increase)/decrease in interest receivable and prepaid expenses
(Increase)/decrease in pledges/other receivables
(Increase)/decrease in loans receivable
Increase/(decrease) in accounts payable and accrued expenses
Increase/(decrease) in custodial accounts
Contributions permanently restricted
Contributions temporarily restricted
Investment income restricted for reinvestment
Investment income restricted for programs
Net cash flows from operating activities
Cash flows used in investing activities:
(Increase)/decrease in cash equivalents
Purchases of securities investments
Sales of securities investments
Increase in fixed assets
Purchases of real estate investments
Sales of real estate investments
Net cash flows used in investing activities
Cash flows from financing activities:
Proceeds from contributions restricted for
investments in endowments
Other financing activities:
Contributions restricted for programs
Investment income restricted for endowments
Investments for programs
Net cash flows from financing activities
Net increase/(decrease) in cash
Cash at beginning of year
Cash at end of year
368,028
(7,710,091)
(1,639,698)
(278,763)
372,172
436,707
4,851
86,247
(532,525)
(6,028,729)
157,661
(208,926)
(2,705,638)
428,165
(9,280,235)
(1,827,721)
(33,152)
471,563
246,915
33,785
217,670
(348,930)
(4,212,146)
183,356
(241,198)
(1,101,686)
2,533,450
(23,119,800)
20,037,663
(4,410,827)
0
--(4,959,514)
(4,375,223)
(18,244,756)
21,278,389
(3,399,588)
(7,499)
--(4,748,677)
532,525
348,930
6,028,729
(157,661)
234,195
6,637,788
4,212,146
(183,356)
1,408,395
5,786,115
(1,027,364)
(64,248)
1,381,344
$
353,980
1,445,592
$
1,381,344
The notes to the financial statements are an integral part of these statements.
The Notes to the financial statements are an integral part of these statements.
21
Armenian Missionary Association of America, Inc.
Notes to the Financial Statements
July 31, 2014
Note 1 – Organization
The Armenian Missionary Association of America, Inc. (AMAA) was founded in Worcester, Mass. in 1918 and incorporated on October
21, 1920, as a non-profit organization in the state of New York. On November 11, 1972, it relocated and continued its operations in New
Jersey. The AMAA also maintains a regional office in Armenia.
The primary objective of the AMAA is to serve as the missionary arm of the Armenian Evangelical Churches and the Armenian evangelical
people in the United States and abroad. The AMAA supports programs in 24 countries, primarily in Armenia and the Middle East. In addition
to general-purpose grants and contributions, the AMAA accepts endowment and trust funds with designated purposes and administers them.
Note 2 – Summary of Significant Accounting Policies
Basis of Presentation
The accompanying financial statements of the AMAA have been prepared in conformity with accounting principles generally accepted in the
United States of America. They include the assets, liabilities, net assets, and financial activities of the AMAA. All inter-fund transactions
for the fiscal years and resulting balances as of July 31, 2014 and 2013 have been eliminated. The significant accounting policies followed
are described below to enhance the usefulness of the financial statements to the reader.
Contributions
Unrestricted net assets represent the part of the net assets of the AMAA that is neither permanently restricted nor temporarily restricted by
donor-imposed stipulations. All such contributions are considered to be available as unrestricted support. If a restriction is fulfilled in the
same fiscal year in which the contribution is received, the contribution is reported as unrestricted. The Board designates large contributions
received without donor restrictions for specific purposes in accordance with AMAA by-laws.
Temporarily restricted net assets represent the part of net assets resulting from contributions and other inflows of assets whose use by
the AMAA is limited by donor-imposed stipulations that either expire by passage of time or can be fulfilled and removed by actions of the
AMAA pursuant to those stipulations. When a stipulated time restriction ends, or purpose restriction is accomplished, temporarily restricted
net assets are classified and reported in the statement of activities as net assets released from restriction.
Permanently restricted net assets represent the part of net assets resulting from contributions and other inflows of assets whose use
by the AMAA is limited by donor-imposed stipulations that neither expire by passage of time nor can be fulfilled or otherwise removed
by actions of the AMAA. These gift instruments require the principal be invested in perpetuity and the income be used in part, or all, for
specific purposes contained in the gift instrument.
Pledges Receivable
The AMAA accounts for pledges receivable in accordance with the recommendations of the Financial Accounting Standards Board
Accounting Standards Codification Topic 958, “Not-For-Profit Entities.” Accordingly, pledged contributions over $25,000 are recognized
when the donor makes an unconditional promise to give to the AMAA. Pledges receivable over one year are discounted to present value.
Contributions that are restricted by the donor are reported as increases in unrestricted net assets if the restrictions are anticipated to expire
in the fiscal year in which the contributions are recognized. All other donor-restricted contributions are reported as increases in temporarily
or permanently restricted net assets, depending on the nature of the restrictions. When a restriction expires, temporarily restricted net
assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions.
The AMAA uses the allowance method to determine uncollectible pledges receivable. The allowance is based on prior years experience
and management’s analysis of specific promises made.
Other Receivables
Interest receivable consists primarily of accrued interest receivable on loans and securities.
Loans receivable consists primarily of various loans provided to enable Armenian Evangelical churches and schools to make expenditures
related to their non-profit purposes. Loans are generally made at favorable interest rates. Interest income is recorded based on repayment
terms and interest rate.
Allowances for doubtful accounts consist of allowances established for receivables deemed uncollectible.
22
Investments
The AMAA adopted Financial Accounting Standards Board Accounting Standards Codification Subtopic 958-320, “Not-For-Profit Entities
– Investments – Debt and Equity Securities” beginning with fiscal years ended July 31, 1997. Investments of the AMAA, including certain
real estate properties, are reported in the financial statements at fair market value.
Cash equivalents consist of money market funds.
Corporate stocks are invested in marketable securities of trust or higher quality. In calculating realized gains/losses for specific stocks,
the fair market value as of the prior year-end is used as the cost basis.
Bonds and notes consist of obligations of federal agencies and corporations with maturity dates ranging from zero to 36 years. Bond
mutual funds are liquid and marketable and therefore are assigned a zero maturity date in the aggregate.
Gains or losses arising from the sale or disposition of investments and other non-cash assets are accounted for in accordance with the
underlying classification based on donor restrictions.
Fair Value of Financial Instruments
The carrying amounts of financial instruments, including cash, cash equivalents, pledges receivable, other receivables, and accounts
payable and accrued expenses approximates fair value due to the short maturity of these instruments. The carrying amounts of custodial
accounts liability approximates the fair value of related underlying investment accounts.
Endowment Funds
The AMAA’s endowment consists of approximately 2,200 individual donor-restricted funds established for a variety of purposes. As required
by accounting principles generally accepted in the United States of America, net assets associated with endowment funds, are classified
and reported based on the existence or absence of donor-imposed restrictions.
The AMAA has interpreted the Uniform Prudent Management of Institutional Funds Act (UPMIFA) as requiring the preservation of the fair
value of the original gift as of the gift date of the donor-restricted endowment funds and additional contributions to those funds, absent
explicit donor stipulations to the contrary. As permitted by donor-imposition, the remaining portion of the donor-restricted endowment
fund that is not classified in permanently restricted net assets is classified as temporarily restricted net assets until those amounts are
appropriated for expenditure by the AMAA in a manner consistent with the standard of prudence prescribed by UPMIFA.
The AMAA has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding
to programs supported by its endowment while seeking to maintain the original corpus of the endowment assets. Endowment assets
include those assets of donor-restricted funds that the AMAA must hold in perpetuity or for a donor-specified period. Under this policy,
as approved by the Board of Directors, the endowment assets are invested in a manner that is intended to produce results that meet
or exceed the yield results of accepted market indices while assuming a moderate level of investment risk. Actual returns in any given
year will vary. To satisfy its long-term rate-of-return objectives, the AMAA relies on a total return strategy in which investment returns
are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The AMAA targets a
diversified asset allocation to achieve its long-term return objectives within prudent risk constraints.
The AMAA has a policy of appropriating for distribution each year the total income earned on the funds in the previous fiscal year permitted to
be expended in accordance with donor-imposed stipulations. The AMAA’s objective is to maintain the purchasing power of the endowment
assets held in perpetuity or for a specified term as well as to provide additional real growth through new gifts and investment return. For
the upcoming fiscal year, the AMAA adopted the policy to appropriate funds from the capital gains of each endowment in order to meet
any operating deficit.
Real Estate Investments
Real estate investments have been acquired through donations or by the expenditure of unrestricted or permanently restricted assets.
These investments are primarily in mission and service facilities in various parts of the world and are maintained for the furtherance of the
wider mission of the AMAA. These investments also include income-producing commercial properties in California, which were received
as donations.
Fixed Assets and Depreciation
Fixed assets (land, buildings, and equipment) are valued at cost less accumulated depreciation. Depreciation is calculated using the
straight-line method with estimated useful lives of the respective assets varying from three to thirty years. Purchases of fixed assets
costing over $25,000 with a useful life greater than one year are capitalized in the financial statements.
23
Historical Collections and Other Non-Cash Contributions
Non-Cash (In-Kind) contributions, other than real estate, including certain historical books, art objects, and other artifacts received
by the AMAA are not capitalized in the financial statements. The amounts are not material to the financial statements taken as a
whole.
Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could
differ from those estimates.
Income Tax Status
The AMAA is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not classified as a private
foundation.
The AMAA adopted the “Accounting for Uncertainty in Income Taxes” Topic of the Financial Accounting Standards Board Accounting
Standards Codification (formerly FIN 48). Tax positions are evaluated to determine whether, upon examination by taxing authorities, such
positions would result in an assessment of a tax liability. For tax positions that, in management’s opinion, would result in an assessment,
a tax liability along with any associated interest and penalties would be recognized in the accompanying statement of financial position.
The AMAA recognizes interest and penalties associated with unrecognized tax liabilities as operating expenses. This standard has no
material impact to the financial statements.
Reclassifications
Certain reclassifications have been made to the prior year amounts to conform to the current year presentation.
Risk Management and Uncertainties
Due to the prohibitive cost of obtaining hazard insurance on AMAA real estate holdings in certain foreign countries, including Armenia,
AMAA has adopted a policy of self-insurance. While self-insurance involves modest risk, Management feels it is a cost-effective alternative
and due to the geographic diversity of the properties, it does not believe any single catastrophic event will have a material impact on the
financial position of the AMAA. This policy is applicable to certain real estate investment holdings (Note 5) and certain Land, buildings
and Equipment used by AMAA in its mission (Note 7).
The AMAA maintains cash balances at several financial institutions. From time to time, the AMAA’s balances exceed the federally insured
limits. Deposits with broker-dealers are insured up to $500,000 by the Securities Investor Protections Corporation. The AMAA maintains
balances with brokers which are in excess of these limits.
The AMAA holds investments which are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk
associated with certain investments, it is at least reasonably possible that changes in the value of investments will occur in the near term
and that such changes could materially affect the fair market value of investments reported in the statement of financial position.
Recent Accounting Pronouncements
In May 2014, the Financial Accounting Standards Board issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This
standard outlines a single comprehensive model for Organizations to use in accounting for revenue arising from contracts with customers
and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model
is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to
direct the use of and obtain the benefits from the good or service. Transfer of control is not the same as transfer of risks and rewards,
as it is considered in current guidance. The Organization will also need to apply new guidance to determine whether revenue should be
recognized over time or at a point in time.
This standard will be effective for annual reporting periods beginning after December 15, 2017, using either of two methods: (a) retrospective
to each prior reporting period presented with the option to elect certain practical expedients as defined within ASU 2014-09; or (b)
retrospective with the cumulative effect of initially applying ASU 2014-09 recognized at the date of initial application and providing certain
additional disclosures as defined in ASU 2014-09. The Organization has not yet selected a transition method and is currently evaluating
the impact of the pending adoption of ASU 2014-09 on the financial statements.
Subsequent Events
AMAA evaluated subsequent events through September 25, 2014, the date the financial statements were available to be issued.
24
Note 3 – Pledges Receivable
The aggregate maturities of the pledges receivable are as follows:
Less than one year
One to five years
Total
Less:
Discounts for time-value of money
Allowance for doubtful pledges
Net Pledges Receivable
31-Jul-14
$ 462,536
268,803
731,339
31-Jul-13
$
606,527
533,169
1,139,696
(36,509)
(387,000)
$
307,830
(72,694)
(387,000)
$
680,002
Note 4 – Investments
The AMAA’s portfolio consists of various types of investments. The primary investment category is corporate stocks representing 71%
and 67% of the portfolio in fiscal years ending July 31, 2014 and July 31, 2013, respectively. These investments are primarily considered
available for sale. The AMAA believes that this concentration risk is limited since investments are intended to be held long-term.
Market Concentrations – Corporate Stocks - 2014
The AMAA’s corporate stock portfolio is invested in various asset classes and industries. The more significant at July 31, 2014 include:
Financials, including real estate investment trusts (19.7% of total market value); Energy (17.9%); Health Care (13.4%); Industrials (12.6%);
Information Technology (9.1%). Other key industries represented include: Utilities, consumer staples, materials, and telecommunications.
The largest individual stock investment at July 31, 2014 is First Real Estate Investment (2.3%) followed by Apple Inc. (2.3%) and Novartis
AG (2.0%).
Market Concentrations – Corporate Stocks - 2013
The AMAA’s corporate stock portfolio is invested in various asset classes and industries. The more significant at July 31, 2013 include:
Financials, including real estate investment trusts (18.3% of total market value); Energy (14.4%); Health Care (14.0%); Industrials (13.2%);
Information Technology (10.9%). Other key industries represented include: Utilities, consumer staples, materials, and telecommunications.
The largest individual stock investment at July 31, 2013 is First Real Estate Investment (2.5%) followed by Johnson & Johnson (1.9%)
and General Electric (1.8%).
Maturities – Bonds and Notes
The aggregate maturities of the federal agencies and corporate bonds are as follows:
Market Value
31-Jul-14
Less than one year
$ 188,159
31-Jul-13
$
145,500
545,334
176,154
Over two to three years
45,872
584,159
Over three to four years
--
45,871
Over four to five years
--
--
Over five to ten years
--
--
One to two years
Over ten years
Total
2,307,144
2,291,274
$3,086,509
$3,242,958
25
Return on Investments
Investment and other income for fiscal year 2014 as compared to 2013 are as follows:
Dividends and Interest
Rental
Miscellaneous
Total
31-Jul-14
31-Jul-13
$3,580,925
$3,381,313
778,810
781,422
10,721
47,689
$4,370,456
$4,210,424
Net realized gains amounted to $1,643,534, reflecting selling prices above their fair market value as of the prior year-end. Net unrealized
gains, the change in the fair market value at July 31, 2014 compared to the fair market value for securities investments at July 31, 2013,
were $7,710,091.
Net realized gains amounted to $1,827,550, reflecting selling prices above their fair market value as of the prior year-end. Net unrealized
gains, the change in the fair market value at July 31, 2013 compared to the fair market value for securities investments at July 31, 2012,
were $9,280,235.
The average annual yield of corporate stocks, bonds and notes for the fiscal year 2014, exclusive of realized gains/losses, was 3.9%, as
compared with 4.1% in fiscal year 2013.
Real Estate Investments
A summary of real estate investments by location is as follows:
31-Jul-14
$
Belgium
Lebanon
South America
United States: Non-Commercial
Commercial
Total
480,435
31-Jul-13
$
480,435
4,078,978
4,078,978
266,343
266,343
12,534,390
12,534,390
9,650,000
9,650,000
$27,010,146
$27,010,146
Note 5 – Fair Value Disclosures
Fair Value Measurements
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
liability in an orderly transaction between market participants at the measurement date. In determining fair value, the AMAA uses various
methods including market, income, and cost approaches. Based on these approaches, the AMAA often utilizes certain assumptions that
market participants would use in pricing the asset or liability, including assumptions about risk and or the risks inherent in the inputs to
the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable inputs. The AMAA
utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. Based on the
observability of the inputs used in the valuation techniques, the AMAA is required to provide the following information according to the fair
value hierarchy. The fair value hierarchy ranks the quality and reliability of the information used to determine fair values. Financial assets
and liabilities carried at fair value will be classified and disclosed in one of the following three categories:
•
Level 1 — Valuations based on quoted prices in active markets for identical assets or liabilities that the reporting entity has the
ability to access at the measurement date. An active market for the asset or liability is a market in which transactions for the
asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
•
Level 2 — Valuations based on inputs other that level 1 that are observable for the asset or liability, either directly or indirectly.
Level 2 inputs include quoted prices for similar assets or liabilities in active markets or quoted prices for identical or similar assets
and liabilities in markets that are not active. If assets or liabilities have a specified contractual term, the inputs must be observable
for substantially the full term of the asset or liability.
•
Level 3 — Valuations for assets and liabilities derived from unobservable inputs. Unobservable inputs are used to the extent
that observable inputs for level 2 are not available. Unobservable inputs reflect the reporting entities own assumptions about the
assumptions that market participants would use in pricing such assets or liabilities.
For the fiscal year ended July 31, 2014 and 2013, the application of valuation techniques applied to similar assets and liabilities has been
consistent. The following is a description of the valuation methodologies used for instruments measured at fair value:
26
Corporate Stocks
The fair value of corporate stocks is the market value based on quoted market prices, when available, or market prices provided by
recognized broker dealers. If listed prices or quotes are not available, fair value is based upon externally developed models that use
unobservable inputs due to the limited market activity of the instrument.
Bonds, Notes, and Structured Settlements
Bonds and notes consist of corporate and government bonds where fair value is the market value based on quoted market prices, when
available, or market prices provided by recognized broker dealers. If listed prices or quotes are not available, fair value is based upon
externally developed models that use unobservable inputs due to the limited market activity of the instrument.
Structured Settlement Contracts do not trade in an active, open market with readily observable prices. While sales of structured settlements
do occur, the precise terms and conditions typically are not readily available. Accordingly, the AMAA estimates the fair value of these
contracts using discounted cash flow (“DCF”) models incorporating numerous assumptions from the perspective of market participant
including servicing income, servicing costs, market discount rates, prepayment speeds, and default rates. Due to the nature of the valuation
inputs, these contracts are classified within Level 2 of the valuation hierarchy.
Real Estate
Real estate investments are carried at fair value and are generally classified within Level 2 of the valuation hierarchy. Values are based on
certified appraisal reports and available comparable sales market data. However, certain real estate holdings, including various holdings
in Lebanon, are classified within Level 3 because valuation is not practical due to geographic volatility. These investments are carried at
acquisition value since this approximates fair value, based on recent sales.
Loans Receivable
Loans receivable are not traded in an active, open market and are instead measured at fair value on a nonrecurring basis; that is, the
loans receivable are not measured at fair value on an ongoing basis but are tested for impairment annually. Loan performance and credit
risk are considered when evaluating loans for impairment. (See Note 6)
Fair Value on a Recurring Basis
The table below presents the balances of assets and liabilities measured at fair value on a recurring basis at July 31, 2014:
Total
Corporate Stocks
Financials
Energy
Healthcare
Industrials
Information technology
Consumer supplies
Materials
Mutual Funds
Telecommunication services
Utilities
Other
Total Corporate Stock
Bonds and Notes
Structured Settlements
Real Estate Investments
Total Investment Assets
$
$
15,929,735
14,651,771
11,162,236
10,621,236
7,250,291
7,154,950
4,821,969
4,046,228
3,508,967
3,033,401
8,061,587
100,242,371
2,561,444
525,065
27,010,146
130,339,026
Level 1
$
$
15,929,735
14,651,771
11,162,236
10,621,236
7,250,291
7,154,950
4,821,969
4,046,228
3,508,967
3,033,401
18,061,587
100,242,371
2,561,444
----102,803,815
Level 3
Level 2
$
$
--------------------------525,065
22,931,168
23,456,233
$
$
----------------------------4,078,978
4,078,978
The changes in Level 3 assets and liabilities measured at fair value on a recurring basis at July 31, 2014 apply to real estate investments
and are summarized as follows:
Balance, July 31, 2013
Total net gains (losses) included in net income
Purchases, sales, issuances and settlements, net
$
4,078,978
-
Balance, July 31, 2014
$
4,078,978
27
The table below presents the balances of assets and liabilities measured at fair value on a recurring basis at July 31, 2013:
Total
Corporate Stocks
Financials
Energy
Healthcare
Industrials
Information technology
Utilities
Consumer supplies
Telecommunication services
Materials
Mutual Funds
Other
Total Corporate Stock
Bonds and Notes
Structured Settlements
Real Estate Investments
Total Investment Assets
$
$
13,936,982
11,261,250
10,813,402
10,327,816
7,904,318
4,587,807
4,018,529
3,757,389
2,885,476
2,825,032
19,227,633
91,545,634
2,541,738
701,220
27,010,146
121,798,738
Level 1
$
13,936,982
11,261,250
10,813,402
10,327,816
7,904,318
4,587,807
4,018,529
3,757,389
2,885,476
2,825,032
19,227,633
91,545,634
2,541,738
----94,087,372
$
Level 3
Level 2
$
$
--------------------------701,220
22,931,168
23,632,388
$
$
----------------------------4,078,978
4,078,978
The changes in Level 3 assets and liabilities measured at fair value on a recurring basis at July 31, 2014 apply to real estate investments
and are summarized as follows:
Balance, July 31, 2012
Total net gains (losses) included in net income
Purchases, sales, issuances and settlements, net
$
4,078,978
-
Balance, July 31, 2013
$
4,078,978
Note 6 – Loans Receivable
The composition of the loans receivable is as follows:
Commercial real estate
Allowance for doubtful accounts
Net Loans Receivable
31-Jul-14
$1,034,979
(459,000)
$ 575,979
31-Jul-13
$1,071,686
(59,000)
$1,012,686
Note 7 – Land, Buildings, and Equipment
A summary of fixed assets as of July 31, 2014 follows:
Buildings &
Office
Total
Improvements
Equipment
127,000 $ 1,814,029 $
87,000 $ 2,028,029
1,861,019
21,260,240
69,780
23,191,039
1,988,019
23,074,269
156,780
25,219,068
3,568,225
156,780
3,725,005
Land
AMAA Headquarters
Armenia
Total Fixed Assets
Less Acc. Depreciation
$
Net Fixed Assets
$
1,988,019 $ 19,506,044
$
- $ 21,494,063
AMAA has begun to construct a new school in Armenia. The total cost of the project is approximately $11,900,000 million, and began
operating in September 2014. As of July 31, 2014 and 2013, expenditures related to this project totaled approximately $10,700,000 and
$2,506,000, respectively. The remaining commitment of $1,200,000 is to be expended subsequent to July 31, 2014. AMAA anticipates the
remaining funding for the completion of this project to come from future contributions. Any shortfall in contributions will be supplemented
by using AMAA reserves.
AMAA has entered into an agreement to purchase a church in southern California for $2,000,000. The purchase is scheduled to close in
October 2014. Funding for this purchase will come from endowment appropriations totaling $1,800,000 with the balance coming from
planned contributions of $200,000.
A summary of fixed assets as of July 31, 2013 follows:
28
AMAA Headquarters
Armenia
Buildings &
Land
Improvements
$ 127,000
$1,814,029
1,861,019
12,983,044
Total Fixed Assets
Less Acc. Depreciation
Net Fixed Assets
1,988,019
--$1,988,019
14,797,073
3,200,197
$11,596,876
Office
Equipment
$ 87,000
69,780
Total
$ 2,028,029
14,913,843
156,780
156,780
$ ---
16,941,872
3,356,977
$13,584,895
Note 8 – Custodial Accounts
Custodial accounts represent contributions and other inflows of assets held by the AMAA for safekeeping and invested for other organizations,
per their requests. A summary of the custodial accounts at market value follows:
31-Jul-14
$ 767,988
170,055
46,808
1,046,936
580,516
$2,612,303
Armenian Evangelical Schools of California
Armenian Evangelical World Council
Gertmenian School
Haigazian University End of Service Indemnity
Estate of Kirakos Vapurciyan
Total
31-Jul-13
$ 719,209
160,959
44,304
1,027,721
573,863
$2,526,056
Note 9 – Unrestricted Undesignated Net Assets
Unrestricted net assets are composed of the following:
Cash and investments available for operating expenditures
Borrowings from endowments
Fixed assets
Total Unrestricted Net Assets
31-Jul-14
$ 3,294,773
(5,794,931)
21,494,063
$18,993,905
31-Jul-13
$ 3,671,135
(3,753,952)
13,584,895
$13,502,078
Note 10 – Temporarily Restricted Net Assets
Temporarily restricted net assets are restricted to:
Satisfaction of program objectives, such as Child Education,
Relief, Milk Fund, Evangelism, Undesignated, etc.
Pledges receivable
Total Temporarily Restricted Net Assets
31-Jul-14
31-Jul-13
$6,248,821
305,819
$6,554,640
$8,998,322
458,393
$9,456,715
Note 11 – Permanently Restricted Net Assets
Permanently restricted net assets are restricted to:
31-Jul-14
Endowments
- Income from which is expendable to support the general
mission and service ministry of the AMAA
- Inter-fund loans
- Partial income to be added to original gift
Trust assets
Total Permanently Restricted Net Assets
31-Jul-13
$ 82,386,560 $ 77,888,556
5,794,931
3,753,952
7,599,582
6,772,902
40,803,934
38,491,921
$136,585,007 $126,907,331
Note 12 – Split-Interest Agreements
Certain split-interest agreements exist represented by endowment or trust funds whose income is distributed between the AMAA and
others. The amounts are not material to the financial statements taken as a whole.
Note 13 –Retirement Plan
During fiscal year 2003, the AMAA formed an employee retirement plan under Internal Revenue Code Section 401(k). Under this plan,
after the first year of employment, any employee may elect to defer a portion of his/her wages and receive partial matching by the AMAA.
The portion the AMAA matches depends on the percentage of wages the employee elects to defer. The maximum amount the AMAA
matches is 4.0% of base earnings.
29
Endowment Funds and Other Financial Information
Armenian Missionary Association of America, Inc.
Summary of Investments in Endowment and Trust Funds
As of July 31, 2014
Total
Assets
Endowment Funds..........................................................
General Endowment Funds............................. 49,611,183
Armenia Endowment Funds..............................1,898,606
Aijian, Kaloost, Siroon & Ruth...........................5,747,233
Anonymous #1 - MJ ..............................................59,647
Anonymous #2 - PK ............................................921,278
Anonymous #3 - AOK .......................................1,564,046
Anonymous #5 - AVED ........................................278,205
Anonymous #7 - GSN ...........................................87,786
Armenian Evangelical Church, New York.............149,796
Athanas Literary, Hour.......................................... 117,215
Avedian, Arnie & Nectar.........................................72,393
Avedisian School Endowment Fund.......................31,991
Aynilian Family, Nerses........................................437,208
Babikian, Richard Zaven......................................300,530
Bogosian Memorial, Sarkis...................................392,977
Boyadjian, Haroutune & Mary..............................253,553
Chopourian, Giragos & Yeprouhi..........................357,140
Churukian, Vahe & Emilia.......................................79,239
Dadian, Arthur...................................................1,749,014
Danielian, Krikor, Vartan & Nevart........................472,034
Darpinian/Timourian, Haig R. & Berjouhi..............426,070
Demirjian Mem'l Evang'l Fund, Rev. Krikor..........362,883
Donchian, Richard................................................176,514
Ejdaharian Bilezikian, Armine............................... 209,211
Gertmenian, Henry & Eunice................................230,388
Gulesserian, Puzant & Angele..............................647,799
Hachian, Nushan & Gladys...............................1,868,176
Hadidian, Puzant & Beatrice................................172,937
Haigazian University Endowment Funds.........10,834,029
Halvajian, Alice & Kathryn.................................1,782,854
Hatch, Martin..........................................................76,658
Hekemian, Robert & Mary Jane........................1,093,357
Janbazian, Rev. Movses & Louisa........................254,234
Janjigian, Edward & Lucy..................................... 335,110
Kaljian, Leo...........................................................331,640
Kazanjian, John....................................................176,493
Keuhnelian, John & Gladys..................................125,074
Total
Assets
Levonian, Prof. Lootfi...........................................502,666
Mardigian, Edward & Helen..................................177,301
Merdinian School, Elise.....................................5,644,260
Mooshavian, Aram Zipper....................................525,660
Mooshavian Relief, Aram Zipper............................83,894
Mouradian, Albert, Henry & James....................... 211,097
Mouradian, Avedis & Victoria................................138,991
Nazarian, Nazareth, Artin & Yester.......................165,352
Philibosian Conte, Sirpuhe & John.......................173,390
Philibosian, George & Alice..................................482,787
Phillipian, Lucy Kezlarian.....................................314,766
Piranian, Simon & Louisa.....................................245,615
Rejebian, Dr. H. & M...............................................93,349
Senekjian, Arshag & Merum.................................261,134
Sermabeikian, Krikor & Anna...............................139,476
Shekerjian, Harbig.............................................5,875,357
Simsiryan, Anahit..................................................727,719
Sipan Armenian School........................................175,487
Tashian, Edward & Hovnan...............................1,215,392
Telfeyan Evangelical.............................................182,016
Tezel, Jirair & Louise..............................................89,006
Topazian, Shavarsh................................................75,901
Tower Lakes, Nazareth Barsumian...................2,574,398
UAECNE Min. & Min. Widows Pension................953,441
US Ministers Relief...............................................250,765
Vartanian, Vahan & Lillie....................................... 110,629
Vartanian, Yervant................................................855,430
Trust Funds
Badeer, A. & V...................................................1,803,247
Hekemian Family Trust . ................................... 5,112,443
Levonian Educational, Y. H. & R........................1,627,151
Philibosian, Stephen........................................13,400,587
Sheen Family..................................................12,568,447
TOTAL........................................................................................................ $140,441,655
30
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
AARONIAN MEMORIAL FUND, Ms. Evelyn...................................... 15,770
AARONIAN MEMORIAL FUND, Nevart & Charles............................. 1,729
ABADJIAN ENDOWMENT FUND, Dikran......................................... 37,802
ABADJIAN ENDOWMENT FUND, John & Sona.............................. 61,271
ABADJIAN FUND MEMORY OF MOTHER VERA, Andre................ 39,469
ABAJIAN ENDOWMENT FUND, Mr. & Mrs. G. J............................. 104,692
ABAJIAN ENDOWMENT FUND, Henry K. & Gladys........................ 37,771
ABAJIAN ENDOWMENT FUND, Sumpat S........................................ 4,907
ABASHIAN ENDOWMENT FUND, Nishan & Esgoohi...................... 26,904
ABDULIAN ENDOWMENT FUND, Dr. Daniel & Juliette...................... 5,152
ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Jack........................... 28,959
ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Misak......................... 13,647
ABDULIAN MEMORIAL FUND, Araxie & Mary..................................11,567
ABDULIAN MEMORIAL FUND, Daniel & Anush..............................117,246
ABDULIAN MEMORIAL FUND, Vahe & Marianne.......................... 129,791
ABRAHAMIAN ENDOWMENT FUND, Abraham................................ 1,073
ABRAHAMIAN ENDOWMENT FUND, Mr. & Mrs. Albert........................ 770
ABRAHAMIAN MEMORIAL FUND, John & Mary............................. 17,632
ACHJIAN, JR. ENDOWMENT FUND, Levon...................................... 1,934
ADAMIAN ENDOWMENT FUND, Dr. Gregory H................................. 1,661
ADANALIAN ENDOWMENT FUND, Rev. G. B.................................... 4,615
ADOURIAN MEMORIAL FUND, Setrak Nicholas & Zenoohi........... 284,950
ADROUNY ENDOWMENT FUND, Jane Ann.................................... 27,268
ADROUNY MEMORIAL FUND, Alice & George............................... 35,107
AGBABIAN MEMORIAL FUND, Rev. Siragan & Parouhie................113,830
AGBABIAN MEMORIAL FUND, Zaven............................................. 63,507
AGBASHIAN ENDOWMENT FUND, Mr. & Mrs. Aggie G.................... 3,323
AGBASHIAN ENDOWMENT FUND, John & Florence....................... 3,323
AGHAJANIAN ENDOWMENT FUND, Ghevont.................................. 2,810
AGHASSIAN SCHOLARSHIP FUND, Lillian & Jonathan............... 125,085
AGHAZARIAN ENDOWMENT FUND, Mr. & Mrs. Arsen...................... 9,422
AGNERIAN ENDOWMENT FUND, Abraham & Victoria..................... 4,167
AGNERIAN ENDOWMENT FUND, Vartan............................................ 612
AGNERIAN MEMORIAL FUND, Rev. Hovhannes H.......................... 45,793
AHARONIAN ENDOWMENT FUND, Hrair & Julie............................ 32,109
AHLIJANIAN ENDOWMENT FUND, Mr. & Mrs. John M......................... 342
AIJIAN ENDOWMENT FUND, Rev. M. M............................................ 2,140
AINTAB COMPATRIOTIC UNION ENDOWMENT............................. 76,008
AINTABLIAN ENDOWMENT FUND, Clara A...................................... 1,323
AINTABLIAN TRAVER ENDOWMENT FUND, Ann.......................... 31,322
AIVAZIAN ENDOWMENT FUND, Dr. Haig............................................. 645
AIVAZIAN MEMORIAL FUND, Dorothy L............................................... 935
AJAMIAN ENDOWMENT FUND, Mr. & Mrs. Charles T....................... 3,262
AJDERIAN MEMORIAL FUND, Aram.................................................... 313
AJEMIAN ENDOWMENT FUND, Dr. & Mrs. George......................... 54,186
AJEMIAN ENDOWMENT FUND, John & Chouchan.......................... 3,602
AJEMIAN ENDOWMENT FUND, Mr. & Mrs. Peter.............................. 3,762
AJEMIAN ENDOWMENT FUND, Puzant & Zartoohy....................... 29,516
AJEMIAN ENDOWMENT FUND, Mrs. Zartoohy..................................... 684
AKILLIAN MEMORIAL FUND, Anna................................................... 1,087
AKKASHIAN ENDOWMENT FUND, Siranoush................................ 14,583
AKKULIAN ENDOWMENT FUND, Mr. & Mrs. Daniel.......................... 8,433
AKULLIAN ENDOWMENT FUND, Shake........................................... 4,615
AKULLIAN MEMORIAL FUND, Mr. & Mrs. Jack.............................. 146,642
AKULLIAN MEMORIAL FUND, Vahan................................................ 2,805
ALAJAJIAN ENDOWMENT FUND, Dorothy....................................... 4,370
ALBARIAN ENDOWMENT FUND, Dr. Edward L................................. 1,613
ALBARIAN ENDOWMENT FUND, George & Louise........................ 42,140
ALBARIAN MEMORIAL FUND, Rev. Sarkis & Knarig........................ 20,976
ALBERIAN ENDOWMENT FUND, Mr. & Mrs. Edwin......................... 27,561
ALEPPO COLLEGE ENDOWMENT FUND, Girls Division................. 6,204
ALEXANDER ENDOWMENT FUND, Harry.....................................110,919
ALEXANIAN ENDOWMENT FUND, Mr. & Mrs. Daniel...................... 51,543
ALEXANIAN MEMORIAL FUND, Ludwig & Alice................................ 5,130
ALTOONJIAN END. FUND, Marjorie, Flora & Mable................... 1,839,692
ALTOUNIAN MEMORIAL FUND, Arshag.......................................... 10,162
AMAA 75TH ANNIVERSARY FUND.................................................... 3,376
AMERKHANIAN MEMORIAL FUND, Arshak...................................... 2,289
AMIRKHANIAN ENDOWMENT FUND, Rev. Vartan.......................... 17,094
ANDONIAN THEOL. EDUC. FUND, Haigazoun & Angel...................11,679
ANDRANIGIAN MEMORIAL FUND, Amar M.................................. 643,523
Name of Fund Value
ANDREASSIAN ENDOWMENT FUND, Isgouhie........................ 1,252,849
ANDREASSIAN/DARAKJIAN ENDOWMENT FUND......................... 20,003
ANDREISE MEMORIAL FUND, Thelma Grace Avedikian.................. 1,323
ANDROYAN ENDOWMENT FUND, Nishan..................................... 22,926
ANONYMOUS AK ENDOWMENT FUND........................................ 353,638
ANONYMOUS EAK ENDOWMENT FUND.......................................... 2,805
ANONYMOUS EH ENDOWMENT FUND.......................................... 49,176
ANONYMOUS ENDOWMENT FUND................................................ 18,039
ANONYMOUS GJ ENDOWMENT FUND.............................................5,113
ANONYMOUS L. K. FUND...................................................................... 817
ANONYMOUS LK ENDOWMENT FUND......................................... 132,231
ANONYMOUS MJ ENDOWMENT FUND.......................................... 34,137
ANTRASIAN ENDOWMENT FUND, Mr. & Mrs. A.................................. 840
APARTIAN MEMORIAL FUND, Rev. Barkev....................................... 2,884
APELIAN ENDOWMENT FUND, Bedros & Alice................................... 426
APELIAN ENDOWMENT FUND, Mr. & Mrs. Robert S............................ 856
APELIAN MEMORIAL FUND, Harry & Catherine............................. 16,698
APELIAN MEMORIAL FUND, Mr. Joseph.......................................... 29,612
APELIAN MEMORIAL FUND, Joseph Moses & Alice......................... 3,461
APELIAN NURSE’S FUND, Marie...................................................... 2,904
APKARIAN ENDOWMENT FUND, Dr. George & Jane........................... 531
APKARIAN ENDOWMENT FUND, Rev. Hovhannes & Aznive.........115,019
APOIAN MEMORIAL FUND, Elizabeth............................................... 4,805
APOIAN MEMORIAL FUND, Joseph.................................................. 3,321
APOVIAN ENDOWMENT FUND, Dr. & Mrs. John............................... 3,739
APRAHAMIAN MEMORIAL FUND, Apraham........................................ 532
APRAHAMIAN MEMORIAL FUND, Steve.......................................... 4,531
ARABAJIAN MEMORIAL FUND, Hagop & Annie........................... 278,564
ARABIAN ENDOWMENT FUND, Mr. & Mrs. Haig.................................. 294
ARABIAN ENDOWMENT FUND, Mr. & Mrs. Robert V......................... 1,661
ARABIAN MEMORIAL FUND, Parouhi.................................................. 938
ARAKELIAN ENDOWMENT FUND, Mr. & Mrs. Kerop........................... 332
ARANOSIAN ENDOWMENT FUND, Mary............................................ 342
ARDSROONY MEMORIAL FUND, Vahe & Arpik................................ 7,532
ARISSIAN ENDOWMENT FUND, Mr. & Mrs. Karekin....................... 22,778
ARMAGHANIAN END. FUND, Dicran & Arsha Louis....................... 33,560
ARMAGHANIAN ENDOWMENT FUND, Rev. & Mrs. H..................... 21,554
ARMEN MEMORIAL FUND, Dr. Robert Nerces................................. 14,231
ARMENIAN APOSTOLIC CHURCH, St. Gregory.................................. 420
ARMENIAN CONG’L CHURCH DETROIT, Ladies Aid Society............ 1,661
ARMENIAN CONG’L CHURCH DETROIT, Youth Fellowship................. 294
ARMENIAN CONGREGATIONAL CH BUILDING, Chicago, IL......... 1,221,662
ARMENIAN CONGREGATIONAL CHURCH FUND, Haverhill.......... 13,291
ARMENIAN EVANGELICAL COMMUNITY FUND, Cyprus............... 29,637
ARMENIAN EVANGELICAL SOCIAL SERVICE.............................. 154,084
ARMENIAN MISSIONARY ASSOCIATION FUND, Iran.................... 24,949
ARMENIAN PRESB. COMMUNITY, Washington DC.......................... 2,098
ARMENIAN PRESB. COMMUNITY, Washington DC Ladies Aid............ 840
ARMENIAN REFORMED PRESB. CHURCH, Cyprus........................ 5,214
ARMENIAN STUDIES EDUCATIONAL FUND..................................... 1,446
ARTINIAN ENDOWMENT FUND, Mr. & Mrs. Haigazoun....................... 333
ARTINIAN MEMORIAL FUND, Haroutune.......................................... 5,284
ARZOOYAN ENDOWMENT FUND, Archie........................................15,115
ARZOOYAN MEMORIAL FUND, Charles & Arshagui....................... 86,556
ARZOUN ENDOWMENT FUND, Vahan & Gladys............................ 35,797
ASADOORIAN ENDOWMENT FUND, Zabelle...................................... 840
ASBED ENDOWMENT FUND, H. K................................................... 5,987
ASDIKIAN MEMORIAL FUND, Samuel E. & Elmas D........................ 2,573
ASHJIAN ENDOWMENT FUND, Rev. Hamparzoum........................... 4,196
ASHJIAN ENDOWMENT FUND, Mr. & Mrs. Noubar.............................. 342
ASHKARIAN ENDOWMENT FUND, Beatrice..................................... 2,278
ASHKARIAN MEMORIAL FUND, Ohanes........................................ 15,312
ASHODIAN ENDOWMENT FUND, John N........................................ 1,447
ASHODIAN ENDOWMENT FUND, Vartan............................................ 679
ASLAN FAMILY TRUST ENDOWMENT FUND................................. 24,508
ASSADOURIAN MEMORIAL FUND, Garabed A. & Isabel............... 28,625
ATAMIAN ENDOWMENT FUND, Rodney & Tracy.............................. 9,605
ATAMIAN MEMORIAL FUND, Vartoohe.............................................. 1,106
ATESIAN ENDOWMENT FUND, Howard & Zabelle........................... 1,722
ATTARIAN ENDOWMENT FUND, Behiye.......................................... 2,022
ATTARIAN ENDOWMENT FUND, Eleanor......................................... 1,060
31
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
ATTARIAN ENDOWMENT FUND, George & Mary........................... 10,730
ATTARIAN ENDOWMENT FUND, James E. & Virginia.................... 39,874
ATTARIAN ENDOWMENT FUND, James M....................................... 5,258
ATTARIAN ENDOWMENT FUND, Mr. & Mrs. James M...................... 4,015
ATTARIAN ENDOWMENT FUND, Linda................................................ 684
AVAKIAN ENDOWMENT FUND, Armand & Janet.............................. 5,833
AVAKIAN ENDOWMENT FUND, Rev. Avak & Veronica.................... 23,705
AVAKIAN ENDOWMENT FUND, Azadouhie....................................... 2,457
AVAKIAN ENDOWMENT FUND, Mr. H................................................ 7,300
AVAKIAN ENDOWMENT FUND, Mr. & Mrs. John.................................. 420
AVAKIAN ENDOWMENT FUND, Samuel & Rose.............................11,573
AVAKIAN MEMORIAL FUND, Yervant & Acabie............................... 57,692
AVANOZIAN ENDOWMENT FUND, Guluzar & Garabed...................... 739
AVED MEMORIAL FUND, Joseph G. & Mary K................................ 19,089
AVEDIAN ENDOWMENT FUND, Alice............................................... 6,441
AVEDIKIAN ENDOWMENT FUND, George & Mary........................... 2,645
AVEDIKIAN ENDOWMENT FUND, Rebecca G. & Thelma................ 4,496
AVEDIKIAN ENDOWMENT FUND, Sarkis & Shake........................... 4,708
AVEDIKIAN MEMORIAL FUND, Dicran & Vehide............................... 9,607
AVEDISIAN ENDOWMENT FUND, Dr. & Mrs. Socrat......................... 6,713
AVEDISSIAN HOYEN MEMORIAL FUND, Stella............................... 3,626
AVESIAN MEMORIAL FUND, Sidney.................................................... 773
AVIAN ENDOWMENT FUND, Bob & M/M Hampar Avedisian........... 41,029
AYLENJIAN ENDOWMENT FUND, Mr. & Mrs. Mardiros........................ 713
AYNEDJIAN ENDOWMENT FUND, Hagop & Grace.......................... 9,013
AYNEJIAN ENDOWMENT FUND, Mr. & Mrs. John............................. 2,272
AYVAZIAN MEMORIAL FUND, Shnorhig H........................................ 3,420
AZADIAN ENDOWMENT FUND, Vahan & Grace........................... 124,442
AZIRIAN ENDOWMENT FUND, Jirair D............................................. 3,130
AZNAKIAN ENDOWMENT FUND, Arousiag & Garabed.................... 1,036
BABAIAN ENDOWMENT FUND, Ralph............................................ 56,426
BABAYAN NERSESSIAN END. FUND, Richard & Sonya.................. 1,297
BABIGAN ENDOWMENT FUND, Mr. & Mrs. Raymond.......................... 342
BABIGIAN ENDOWMENT FUND, Mrs. Y. K........................................ 2,098
BABIKIAN ENDOWMENT FUND, Dr. & Mrs. Hrair................................. 342
BABOGHLIAN MEMORIAL FUND, Vartkes........................................ 2,321
BABOIAN ENDOWMENT FUND, Rev. Charles................................... 2,146
BABOIAN ENDOWMENT FUND, Dr. & Mrs. Jacob................................ 420
BADEER ENDOWMENT FUND, Dr. & Mrs. Henry.............................. 1,241
BADEMIAN ENDOWMENT FUND, Zaven & Cleia............................. 1,773
BAGDASARIAN ENDOWMENT FUND, Mr. & Mrs. George................ 3,323
BAGDASARIAN ENDOWMENT FUND, Mr. & Mrs. Harry................... 4,291
BAGDIKIAN ENDOWMENT FUND, Rev. Dr. Aram.............................. 2,727
BAGHDASARIAN ENDOWMENT FUND, Mr. & Mrs. Gerard............ 27,016
BAGHDASSARIAN ENDOWMENT FUND, Mr. Stepan....................... 2,949
BAGHDIKIAN ENDOWMENT FUND, Barkev................................... 12,068
BAILEY ENDOWMENT FUND, Yevnige................................................ 342
BAIRIAN MEMORIAL FUND, Berdj........................................................ 149
BAKALIAN ENDOWMENT FUND, Rev.Dr. Samuel & Hilda................ 1,589
BAKAMJIAN MEMORIAL FUND, Barkev & Grace............................ 22,462
BAKAMJIAN MEMORIAL FUND, Dr. Veronica................................ 579,020
BAKER ENDOWMENT FUND, Mr. & Mrs. Ralph................................. 1,323
BAKER ENDOWMENT FUND, Seth & Hasmig.................................. 2,203
BAKERDJIAN ENDOWMENT FUND, Mr. & Mrs. Kevork....................... 342
BAKERDJIAN ENDOWMENT FUND, Shoghig...................................... 399
BAKERDJIAN ENDOWMENT FUND, Mr. & Mrs. Vartan..................... 3,276
BAKERDJIAN ENDOWMENT FUND, Zaven......................................... 342
BAKMAZIAN END. FUND, Mr. & Mrs. Param & Selma.................... 210,179
BALABANIAN ARM. CHILD. CANCER FUND, Saro........................ 25,937
BALABANIAN EDUCATIONAL FUND, Sarkis (Balaban Hoja)........... 21,069
BALABANIAN MEMORIAL FUND, Elizabeth......................................... 576
BALIAN ENDOWMENT FUND, Ara.................................................... 1,122
BALIAN ENDOWMENT FUND, Dr. Sarkis & Prapion.......................... 1,581
BALIAN MEMORIAL FUND, Venus..................................................... 3,590
BALIKIAN MEMORIAL FUND, Hrair................................................... 2,131
BALIKJIAN ENDOWMENT FUND, D. & R........................................ 63,734
BALIKJIAN MEMORIAL FUND, Kegham............................................ 5,459
BALIOZIAN ENDOWMENT FUND, Vahe............................................ 1,973
BALUKJIAN ENDOWMENT FUND, Harry.......................................... 5,779
BALUKJIAN ENDOWMENT FUND, Puzant & Esther......................... 8,756
BALYOSIAN ENDOWMENT FUND, Stephen & Mary......................... 5,591
32
Name of Fund Value
BANCROFT JONES MEMORIAL FUND, Anna................................ 21,601
BANDEIAN MEMORIAL FUND, Dr. Alice............................................. 1,238
BANERIAN ENDOWMENT FUND, Mr. & Mrs. George........................... 665
BANKER ENDOWMENT FUND, Mr. & Mrs. Oscar.............................. 5,233
BARDIZIAN EDUCATIONAL FUND, Solomon.................................... 2,130
BARONIAN END. FUND, Dr. D. Richard & Annette......................... 103,291
BARONIAN ENDOWMENT FUND, John K......................................... 1,201
BARONIAN ENDOWMENT FUND, Mary A......................................... 1,807
BARONIAN MEMORIAL FUND, Araxie............................................... 2,309
BARSUMIAN ENDOWMENT FUND, Aram......................................... 1,223
BARSUMIAN ENDOWMENT FUND, George & Helen..................... 33,836
BARSUMIAN ENDOWMENT FUND, Rose A...................................... 3,420
BARSUMIAN MEMORIAL FUND, George & Esther..........................59,114
BARTIGIAN FAMILY FUND, Mr. & Mrs. Albert..................................... 5,660
BASHIAN MEMORIAL FUND, John & Hamaspure............................. 3,033
BASMADJIAN ENDOWMENT FUND, Ara & Kayane........................ 38,883
BASMADJIAN ENDOWMENT FUND, Krikor......................................... 342
BASMADJIAN FAMILY FUND, Krikor & Hagop................................... 2,398
BASMAJIAN MEMORIAL FUND, Charles.............................................. 527
BAZIKIAN MEMORIAL FUND, Rev. Mihran............................................ 820
BAZIRGANIAN ENDOWMENT FUND, Dr. & Mrs. Onnik........................ 342
BEAUCHAMP ENDOWMENT FUND, Mr. & Mrs. D. E........................ 3,490
BECIDYAN MEMORIAL FUND, Dr. Hasmig......................................... 8,199
BEDIKIAN THEOLOGICAL FUND, Rev. A. A..................................... 71,463
BEDIRIAN ENDOWMENT FUND, Albert............................................... 333
BEDOIAN MEMORIAL FUND, Charles............................................. 74,303
BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Ben........................... 4,196
BEDROSIAN ENDOWMENT FUND, Dr. & Mrs. Levon........................ 4,120
BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Martin..................... 10,443
BEDROSIAN ENDOWMENT FUND, Mr. & Mrs. Vahe P...................... 3,655
BEDROSSIAN HADJIAN SURABIAN FUND, Yevkine & Victoria........ 8,810
BEDROSSIAN MEMORIAL FUND, Dr. Edward & Angele.................. 66,546
BEKIAN ENDOWMENT FUND, Rev. Nishan....................................... 2,685
BEKMEZIAN ENDOWMENT FUND, Mary.......................................... 8,351
BEKMEZIAN ENDOWMENT FUND, Millard..................................... 75,422
BELIAN MEMORIAL FUND, Aram Y............................................... 483,212
BELOYAN MEMORIAL FUND, Neshan.............................................. 1,201
BENGLIAN ENDOWMENT FUND, John................................................ 609
BENGLIAN ENDOWMENT FUND, Mr. & Mrs. Semon......................... 7,146
BENGLIAN MEMORIAL FUND, Vahan & Sara................................. 14,129
BENNETT ENDOWMENT FUND, John Eskijian................................. 1,363
BENNEYAN ENDOWMENT FUND, Rev. H. G..................................... 6,292
BERBERIAN ENDOWMENT FUND, Mr. & Mrs. Everett H.................. 3,420
BERBERIAN ENDOWMENT FUND, Harry............................................ 742
BERBERIAN MEMORIAL FUND, Dr. Dicran & Armine.................... 208,145
BERBERIAN MEMORIAL FUND, Vahe A........................................... 1,658
BESH ENDOWMENT FUND, Van..................................................... 67,425
BESH GETOOR MEMORIAL FUND, Dr. Levon & Elmon.................... 7,353
BESHAR ENDOWMENT FUND, Artin.................................................... 420
BEYLERIAN ENDOWMENT FUND, Mr. & Mrs. Kevork.......................... 333
BEYLERIAN MEMORIAL FUND, George........................................... 1,378
BEZIAN ENDOWMENT FUND, Mr. & Mrs. Jack..................................... 333
BEZIRGANIAN ENDOWMENT FUND, Dr. & Mrs. George.............. 247,279
BEZIRGANIAN ENDOWMENT FUND, Drs. John & Sophia.............. 39,730
BEZIRGANIAN ENDOWMENT FUND, Mr. Steve.............................. 10,164
BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Albert............................ 45,971
BEZJIAN ENDOWMENT FUND, Alex & Victoria................................. 4,683
BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Hagop............................. 5,301
BEZJIAN ENDOWMENT FUND, Jacob & Lydia................................. 6,064
BEZJIAN HARDOUVELIS END. FUND, Gikas & Suzan.................... 3,296
BILEZIKIAN ENDOWMENT FUND, Valantine.................................... 4,741
BILEZIKJIAN ENDOWMENT FUND, Arsenio & Araxi............................ 877
BILEZIKJIAN ENDOWMENT FUND, Zabel & Youhanna.................. 30,647
BIZDIKIAN ENDOWMENT FUND, Dikran.............................................. 472
BIZDIKIAN ENDOWMENT FUND, Hrair................................................ 333
BIZDIKIAN ENDOWMENT FUND, Rev. & Mrs. Jerair......................... 1,797
BODOURIAN ENDOWMENT FUND, Harry Ghazaros....................... 3,420
BOGDASARIAN MEMORIAL FUND, John......................................... 2,730
BOGHARIAN ENDOWMENT FUND, Keghanoush............................. 2,450
BOGHOSIAN/CHAKMAKJIAN MEMORIAL FUND, ......................... 40,306
BOGHOSSIAN ENDOWMENT FUND, Dr. & Mrs. Hagop.................. 26,583
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
BOGOSIAN ENDOWMENT FUND, Mr. & Mrs. Avedis Paul................ 7,698
BOGOSIAN ENDOWMENT FUND, Mr. & Mrs. John......................... 27,463
BOGOSIAN ENDOWMENT FUND, Paul............................................ 5,202
BOGOSIAN MEMORIAL EDUC’L FUND, Tavit & Sirvart.................. 17,901
BOGOSSIAN MEMORIAL FUND, Armen & Florence......................... 1,673
BOLODIAN MEMORIAL FUND, Harry................................................... 869
BOLOYAN ENDOWMENT FUND, Mr. & Mrs. Kazar............................ 9,524
BOND MEMORIAL FUND, Harold...................................................... 1,191
BOOLE ENDOWMENT FUND, John H............................................. 17,137
BOOLE ENDOWMENT FUND, Nectar................................................ 1,700
BOOLE JR. ENDOWMENT FUND, Mr. & Mrs. George.......................... 709
BOSNIAN ENDOWMENT FUND, Luther H....................................... 41,949
BOUJICANIAN ENDOWMENT FUND, Arpine.................................... 1,172
BOUJICANIAN ENDOWMENT FUND, Kachadour............................. 1,444
BOYADJIAN ENDOWMENT FUND, Aram.......................................... 2,098
BOYADJIAN ENDOWMENT FUND, Musa Dagh.............................115,700
BOYADJIAN KASSAPIAN MEM’L FUND, Marie & Haroutune............. 8,606
BOYAJIAN ENDOWMENT FUND, Mr. & Mrs. H.................................. 2,098
BOYAJIAN ENDOWMENT FUND, Harry............................................ 2,140
BOYAJIAN ENDOWMENT FUND, Hattie Eleanor............................ 42,448
BOYAJIAN ENDOWMENT FUND, Julia................................................. 342
BOYAJIAN ENDOWMENT FUND, Louise........................................ 42,666
BOYAJIAN ENDOWMENT FUND, Mary Jean........................................411
BOYAJIAN ENDOWMENT FUND, Samuel Avedis............................11,696
BOYAJIAN HANLON ENDOWMENT FUND, Queenie....................... 6,771
BOYAJIAN MEMORIAL FUND, Avedis & Khatoun.......................... 104,826
BOYAJIAN MEMORIAL FUND, Joseph Sr.......................................... 2,087
BOYAJIAN MEMORIAL FUND, Kasper............................................ 18,694
BOYAJIAN MEMORIAL FUND, Rose................................................ 14,682
BOYAJY ENDOWMENT FUND, Violet Esahak...................................... 342
BOYD MEMORIAL FUND, Mentor Astor............................................. 3,657
BOZYAN MEMORIAL FUND, Edith..................................................... 1,870
BRIX MEMORIAL FUND, Reuben & Victoria...................................... 1,097
BROOKS ENDOWMENT FUND, Mr. & Mrs. Richard S.......................... 342
BROUSA SCHOOL GIRLS CLUB ENDOWMENT............................. 24,007
BUCHAKJIAN ENDOWMENT FUND, Serge & Anita.......................... 3,072
BURBAGE ENDOWMENT FUND, Mr. & Mrs. James J.......................... 684
BURMAYAN ENDOWMENT FUND, Mr. & Mrs. Varujan.................... 12,407
CAPRELIAN MEMORIAL FUND, Rose............................................. 15,799
CARAPETIAN MEMORIAL FUND, Caro............................................. 4,321
CARLETON MEMORIAL FUND, Dr. Alford............................................. 274
CARPETLAND, Manougian Sakayan Turmani................................. 14,264
CASPARIAN ENDOWMENT FUND, Aghavni........................................ 449
CASPARIAN ENDOWMENT FUND, Hrant & Hranoush................... 17,589
CASPARIAN ENDOWMENT FUND, Mr. & Mrs. Patrick....................... 8,863
CASPARIAN MIRZAIAN MEM’L FUND, Perooz & Manoog.............. 18,172
CHACHOU ENDOWMENT FUND, Mrs. K........................................... 4,196
CHADURJIAN ENDOWMENT FUND, Edward A.............................. 64,284
CHAGLASIAN MEM’L FUND, Mr. & Mrs. Karekin & Elizabeth............ 6,981
CHAHINIAN MEMORIAL FUND, Krikor & Rahel................................ 2,002
CHAKEJIAN ENDOWMENT FUND, Sarkis........................................ 2,146
CHAKERIAN ENDOWMENT FUND, Mr. & Mrs. Charles Jr.................... 333
CHAKERIAN FUND, Mary Arpine Mullisen & Samuel Gron............. 12,646
CHAKMAKJIAN ENDOWMENT FUND, Anna..................................... 1,661
CHAKMAKJIAN ENDOWMENT FUND, Mr. & Mrs. Harry.................. 16,044
CHAKMAKJIAN ENDOWMENT FUND, Mr. & Mrs. Robert..................... 859
CHAKMAKJIAN JR. ENDOWMENT FUND, Mr. & Mrs. Aram K.......... 1,784
CHALABIAN ENDOWMENT FUND, Mr. & Mrs. Charles................... 35,420
CHALIAN ENDOWMENT FUND, Raffi................................................... 551
CHALIAN MEMORIAL FUND, Manouk & Anouche............................. 1,356
CHALIKIAN ENDOWMENT FUND, Dikran............................................ 420
CHALIKIAN ENDOWMENT FUND, Mr. & Mrs. Edward..................... 16,654
CHAMICHIAN MEMORIAL FUND, Joseph & Nevart........................ 12,844
CHANGELIAN ENDOWMENT FUND, Mr. & Mrs. Charles.................. 3,420
CHARKOUDIAN EDUCATION FUND, Harry N...................................... 283
CHATALBASH ENDOWMENT FUND, Mr. & Mrs. Thomas.................. 3,323
CHAVOOR MEMORIAL FUND, Frank & Frances............................... 1,579
CHEKIJIAN ENDOWMENT FUND, Samuel........................................... 499
CHELBIAN MEMORIAL FUND, Lucia................................................. 5,609
CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Archie................... 25,172
CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Nazareth................... 513
Name of Fund Value
CHILIAN ENDOWMENT FUND, Mr. & Mrs. Diran J............................. 2,394
CHIVITJIAN ENDOWMENT FUND......................................................... 420
CHIVITJIAN ENDOWMENT FUND, Mr. & Mrs. H. G............................1,911
CHOLAKIAN MEMORIAL FUND, Yeranoohi....................................... 2,257
CHOOLJIAN ENDOWMENT FUND, Arakel........................................... 420
CHOPOORIAN ENDOWMENT FUND, Mr. & Mrs. Haig...................... 3,420
CHOPOURIAN MEMORIAL FUND, Patricia Ann................................ 2,645
CHOPOURIAN SCHOLARSHIP FUND, Haroutune & Victoria.......... 26,336
CHORLIAN MEMORIAL FUND, Edward............................................. 6,027
CHRISTIANSEN END. FUND, Dr. & Mrs. Gary & Aline....................... 1,348
CHURUKIAN SCHOLARSHIP FUND, Giragos M. & Helen T........... 63,693
CLEMENCE MEMORIAL FUND, Eugene........................................... 3,420
COLLEGIAN 1983 TRUST FUND, Harry.......................................... 60,644
COMJEAN ENDOWMENT FUND, Marc......................................... 128,147
CONE ENDOWMENT FUND, Mr. & Mrs. Lawrence K......................... 5,981
CUTLER ENDOWMENT FUND, Jack & Yumma.............................. 19,087
DABAGIAN ENDOWMENT FUND, Mr. & Mrs. George........................... 856
DABANIAN ENDOWMENT FUND, H. M................................................ 420
DABBAGHIAN ENDOWMENT FUND, Marie...................................... 3,967
DADEKIAN ENDOWMENT FUND, Victoria........................................... 734
DADEKIAN ENDOWMENT FUND, Mr. & Mrs. Zaven A....................... 3,420
DADERIAN ENDOWMENT FUND, Asdghig....................................... 8,641
DADOURIAN ENDOWMENT FUND, Mr. & Mrs. Alexander................. 7,091
DADOURIAN ENDOWMENT FUND, Dadour & Elise....................... 83,175
DADOURIAN ENDOWMENT FUND, Hagop......................................... 723
DADOURIAN ENDOWMENT FUND, Mr. & Mrs. Noubar M................. 1,368
DAGDIGIAN MEMORIAL FUND, Mr. & Mrs. Khoren......................... 10,294
DAGHLIAN EKMEKJIAN ENDOWMENT FUND................................ 12,586
DAGHLIAN ENDOWMENT FUND, Hagop...........................................6,811
DAGHLIAN ENDOWMENT FUND, Nazar & Lucy............................. 35,703
DAGHLIAN ENDOWMENT FUND, Yacoub & Feride........................ 17,099
DAGHLIAN MEMORIAL FUND, Rev. Dr. Theodore............................. 6,745
DAGHLIAN MEMORIAL SCHOLARSHIP FUND, Nazar................... 19,051
DAGLIAN ENDOWMENT FUND, Dr. & Mrs. Parnag.........................11,772
DANELIAN ENDOWMENT FUND, Jack & Brother............................. 1,931
DANELIAN ENDOWMENT FUND, Lewis N........................................... 524
DANELIAN ENDOWMENT FUND, Richard........................................ 1,615
DANIELIAN ENDOWMENT FUND, Mr. H............................................... 965
DANIELIAN ENDOWMENT FUND, Mr. & Mrs. Leo................................ 342
DANIELIAN MEMORIAL FUND, Mr. Vagharshag................................ 1,245
DANIELS ENDOWMENT FUND, Dr. Francis.......................................... 948
DAOUDIAN ENDOWMENT FUND, Krikor............................................. 342
DARAKDJIAN MEMORIAL FUND, Berjouhi....................................... 3,189
DARAKJIAN ENDOWMENT FUND, Albert & Annabelle Lee.......... 437,579
DARAKJIAN ENDOWMENT FUND, Rev. Emmanuel & Mary............ 18,495
DARAKJIAN ENDOWMENT FUND, Drs. Nazareth & Ani................ 185,062
DARAKJIAN MEMORIAL FUND, Rev. & Mrs. A. S................................. 665
DARIAN ENDOWMENT FUND, Mr. & Mrs. Ken..................................... 187
DARMANJIAN ENDOWMENT FUND, Moses & Lydia........................ 2,969
DARPINIAN MEMORIAL FUND, John.............................................. 13,907
DAVAGIAN ENDOWMENT FUND, Mr. & Mrs. John S......................... 1,710
DAVAGIAN ENDOWMENT FUND, Mr. & Mrs. Sahag.......................... 1,027
DAVID ENDOWMENT FUND, Mr. & Mrs. Jerry...................................... 333
DAVIDIAN ENDOWMENT FUND, Rev. Aris......................................... 2,146
DAVIDIAN ENDOWMENT FUND, Mr. & Mrs. Charles......................... 1,661
DAVIDIAN ENDOWMENT FUND, Mr. & Mrs. Levon............................... 342
DAVIDIAN ENDOWMENT FUND, Nahabed....................................... 1,217
DAVIDIAN ENDOWMENT FUND, Sarkis............................................... 187
DAVIDIAN MEMORIAL FUND, Elizabeth Rose................................ 28,042
DAVIDIAN MEMORIAL FUND, James A..........................................119,420
DAVIDIAN MEMORIAL FUND, Mariam............................................... 1,080
DAYIAN ENDOWMENT FUND, Dr. & Mrs. Edward............................. 2,907
DE MIRJIAN ENDOWMENT FUND, Arsine........................................... 342
DEDEYAN MEMORIAL FUND, Hagop.............................................. 13,629
DEDEYAN MEMORIAL FUND, Takvor................................................ 2,159
DEMERJIAN ENDOWMENT FUND, Alice M...................................... 1,587
DEMERJIAN ENDOWMENT FUND, Artin & Azniv.............................. 2,459
DEMERJIAN ENDOWMENT FUND, Mr. & Mrs. Harry....................... 75,236
DEMIRDJIAN ENDOWMENT FUND, Shavarsh & Nazine.................. 3,932
DEMIRJIAN ENDOWMENT FUND, Anne.............................................. 684
DEMIRJIAN ENDOWMENT FUND, Harold & Frances....................... 7,062
33
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
DEMIRJIAN ENDOWMENT FUND, Minas & Keghany..................... 25,912
DEPOIAN ENDOWMENT FUND, Gadarine........................................ 4,196
DEPOYAN ENDOWMENT FUND, Rev. Jacob M.................................... 630
DER BOGHOSSIAN MEML FUND, Misak,Aznive,Armenouhie,Araxie......... 56,213
DER GARABEDIAN ENDOWMENT FUND, Dr. & Mrs. Haig.................. 342
DER KALOUSDIAN END. FUND, Rev. & Mrs. Avedis..........................2,611
DER MARDEROSIAN ENDOWMENT FUND, Ara & Evelyn............... 2,480
DER MATTEOSIAN MEMORIAL FUND, Krikor & Yeghsa................ 30,490
DER OVANESIAN MEMORIAL FUND, Hagop & Anna M................. 41,949
DERAD ENDOWMENT FUND, Dr. ........................................................ 420
DERANIAN ENDOWMENT FUND, Dr. & Mrs. Hagop Martin.............. 3,305
DERANIAN MEMORIAL FUND, Armen............................................ 27,541
DERDERIAN ENDOWMENT FUND, Ara............................................ 1,073
DERDERIAN ENDOWMENT FUND, Mr. & Mrs. Haig............................. 684
DERGHAZARIAN ENDOWMENT FUND, Mr. & Mrs. Dikran.................. 665
DERIAN ENDOWMENT FUND, James.............................................. 2,664
DERIAN ENDOWMENT FUND, Osgan.............................................. 4,196
DERIAN MEMORIAL FUND, Gary.................................................... 12,338
DERMENJIAN ENDOWMENT FUND, Rose.......................................... 726
DEVEDJIAN ENDOWMENT FUND, Mr. & Mrs. John.......................... 1,710
DICKRANIAN ENDOWMENT FUND, Mr. & Mrs. Archie...................... 3,226
DILDABANIAN ENDOWMENT FUND, Orjen.................................... 47,202
DILDILIAN ENDOWMENT FUND, Mr. & Mrs. Ara T................................ 342
DILDILIAN ENDOWMENT FUND, Miriam.............................................. 563
DIRAD ENDOWMENT FUND, Simon.................................................... 420
DIRADOURIAN ENDOWMENT FUND, Mr. & Mrs. Qureken............... 4,651
DIRAN ENDOWMENT FUND, Arsen & Varteni............................... 298,291
DIRAN ENDOWMENT FUND, Leo................................................. 651,023
DIRAN FAMILY ENDOWMENT FUND.................................................... 420
DIRAN MEMORIAL FUND, Mary...................................................... 25,762
DJERGAIAN ENDOWMENT FUND, Mr. & Mrs. Robert G...................... 998
DODD MEMORIAL FUND, Andrew..................................................... 4,502
DOGHRAMJI ENDOWMENT FUND, Rev. Dr. Peter & Mary............... 1,994
DOGHRAMJI MEMORIAL FUND, Rosa............................................. 1,483
DOHANIAN ENDOWMENT FUND, Armen Sr. & Rachel................ 104,056
DOHANIAN FAMILY FUND, Hagop M. & Esther............................. 291,823
DOKOUZIAN MEMORIAL END. FUND, Mihran & Mary..................... 3,675
DOLMADJIAN ENDOWMENT FUND, Jacob & Victoria..................... 1,773
DOLMAJIAN MEMORIAL FUND, Mihran & Mary............................... 2,963
DONABEDIAN ENDOWMENT FUND, Mr. & Mrs. Daniel.................... 3,420
DONABEDIAN ENDOWMENT FUND, Rita M....................................... 342
DONABEDIAN ENDOWMENT FUND, Mr. & Mrs. Suren................... 20,946
DONIKIAN MEMORIAL FUND, Beatrice................................................ 665
DOUMANIAN ENDOWMENT FUND, Dr. Heratch O.......................... 15,541
DOURJALIAN ENDOWMENT FUND, Mr & Mrs. William........................ 342
DROSTE ENDOWMENT FUND, Diane & Donald................................. 187
DULGARIAN ENDOWMENT FUND, Mr. & Mrs. Harry........................ 7,892
DURNA MEMORIAL FUND, John..................................................... 24,905
DURNA MEMORIAL FUND, Joseph J.............................................. 24,887
EDUCATIONAL SOCIETY OF MALATIA, INC, ..................................... 684
EDWARDS ENDOWMENT FUND, Mrs. A.............................................. 690
EGHIGHIAN ENDOWMENT FUND, Paul.............................................. 333
EJDAHARIAN MEMORIAL FUND, Dr. & Mrs. Meguerditch............. 219,496
EKMEKJIAN FAMILY FUND.................................................................... 803
EKNOIAN MEMORIAL FUND, Sirouhi................................................ 2,957
ELANJIAN ENDOWMENT FUND, Dr. George & Isabelle.................... 7,629
ELIAZARIAN FAMILY MEMORIAL FUND........................................ 333,078
EMURIAN ENDOWMENT FUND, Rev. S. K. & G. T.......................... 33,407
ENDRIGIAN MEMORIAL FUND, Nevart............................................11,626
ENSHER ENDOWMENT FUND, Dr. Martha Googooian................... 27,358
EOUKOUZIAN ENDOWMENT FUND, Mr. & Mrs. ................................. 840
ESAIAN NOGA ENDOWMENT FUND................................................. 9,394
ESAJIAN ENDOWMENT FUND, Mr. & Mrs. George.............................. 342
ESAJIAN ENDOWMENT FUND, Ken.................................................... 342
ESAJIAN ENDOWMENT FUND, Nishan & Hranoush........................ 1,544
ESKIKIAN ENDOWMENT FUND, Mrs. John.......................................... 524
ETINOFF KIRAKOSSIAN ENDOWMENT FUND, Aznive................... 3,395
ETOYAN ENDOWMENT FUND, Ani................................................. 33,001
EVKHANIAN ENDOWMENT FUND, Mr. & Mrs. Manook..................... 2,349
FARAJIAN ENDOWMENT FUND, Mr. & Mrs. Avedis............................. 748
FARAJIAN ENDOWMENT FUND, Rev. G.............................................. 482
34
Name of Fund Value
FERESHETIAN MEMORIAL FUND, Sarkis & Nartoohie................ 132,038
FERMANIAN ENDOWMENT FUND, Mr. & Mrs. Haig........................ 17,099
FERMANIAN ENDOWMENT FUND, Mr. & Mrs. K............................. 39,726
FILIAN FAMILY ENDOWMENT FUND............................................... 10,107
FILIAN MEMORIAL FUND, Movses.................................................... 4,870
FIRST ARMENIAN EVANG’L CHURCH, Montreal, Canada............... 9,220
FISHER MEMORIAL FUND, Harold (Hratch Balikjian)..................... 29,508
FLINT ENDOWMENT FUND, Mr. & Mrs. Gregory............................... 4,959
FROONJIAN ENDOWMENT FUND, Dr. H. Craig.............................. 14,512
GABRELLIAN & JESSOURIAN ASSOCIATES, ................................. 3,420
GABRIEL ENDOWMENT FUND, Edwin Z...................................... 495,508
GABRIEL ENDOWMENT FUND, Enovk................................................ 618
GABRIEL ENDOWMENT FUND, Krikor.............................................. 1,883
GABRIEL MEMORIAL FUND, Attabeg & Lusik................................. 40,279
GABRIEL MEMORIAL FUND, Louise B.............................................. 1,026
GAGOSIAN ENDOWMENT FUND, Nora............................................ 2,048
GAHHOS ENDOWMENT FUND, Dr. & Mrs. N....................................... 333
GAIDZAKIAN MEMORIAL FUND, Georges, Zabel & Joao................. 1,319
GALIAN MEMORIAL FUND, Florence.............................................. 31,812
GALOOSTIAN ENDOWMENT FUND, Flora & Diane..................... 101,566
GAMAREKIAN MEMORIAL FUND, Dikran & Almas........................... 1,963
GARABEDIAN ENDOWMENT FUND, Aghavnie...............................11,972
GARABEDIAN ENDOWMENT FUND, Anna.......................................... 587
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Aram...................... 7,617
GARABEDIAN ENDOWMENT FUND, Charles....................................2,119
GARABEDIAN ENDOWMENT FUND, Charles Mesrob.................... 31,965
GARABEDIAN ENDOWMENT FUND, Charles P................................... 684
GARABEDIAN ENDOWMENT FUND, Elise....................................... 2,159
GARABEDIAN ENDOWMENT FUND, George...................................... 807
GARABEDIAN ENDOWMENT FUND, Haroutioun................................ 342
GARABEDIAN ENDOWMENT FUND, Harry & Bertha..................... 33,514
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Kersham................... 342
GARABEDIAN ENDOWMENT FUND, Leah & Elizabeth....................... 333
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Martin..................... 1,661
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Nash......................... 684
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Paul....................... 9,370
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. Ralph........................ 313
GARABEDIAN MEMORIAL FUND, Paul E....................................... 44,314
GAROIAN MEMORIAL FUND, Armen & Marie................................... 3,467
GAROYAN MEMORIAL FUND, Nevart............................................... 1,878
GARRY ENDOWMENT FUND, Edward A. & Jessee.......................... 6,064
GAZARIAN ENDOWMENT FUND, Dr. & Mrs. Arnold H...................... 6,258
GAZARIAN ENDOWMENT FUND, Zara................................................ 333
GAZARIAN MEMORIAL FUND, Vartan & Bertha................................ 2,207
GAZEBAYUKIAN ENDOWMENT FUND, Jorge & Marlene................ 1,773
GEARY ENDOWMENT FUND, Sara O............................................. 98,409
GEDICKIAN (GULIAN) MEM’L FUND, Hyranoush Isabelle................ 8,498
GEDIKIAN BOUJOULIAN FAMILY FUND............................................ 4,645
GEDIKIAN ENDOWMENT FUND, Mr. & Mrs. Aram................................ 728
GEOVKALAYJIAN MEM’L FUND, Mr. & Mrs. Haroutune Joseph............ 13,708
GEOVKALAYJIAN MEMORIAL FUND, Lutfig & Armen.................... 18,858
GERTMENIAN ENDOWMENT FUND, Rev. & Mrs. Paul................. 148,885
GERTMENIAN ENDOWMENT FUND, Mr. & Mrs. Roy Z................... 16,586
GERTMENIAN ENDOWMENT FUND, Seb & Alice............................ 1,323
GERTMENIAN SCHOOL ENDOWMENT FUND, ............................ 71,899
GIRAZIAN ENDOWMENT FUND, Garabed........................................... 812
GIRIDLIAN ENDOWMENT FUND, Leon & Matilda........................... 32,828
GKD ENDOWMENT FUND.............................................................. 560,984
GLAVIAN BENLIAN ENDOWMENT FUND, Sona........................... 64,521
GLAVIAN ENDOWMENT FUND, Vartan................................................ 538
GOENJIAN ENDOWMENT FUND, Lutfik & Arousiak....................... 55,259
GOERGIZIAN ENDOWMENT FUND, Rev. & Mrs. Arsen.................117,579
GOOGOOIAN MEMORIAL SCHOLARSHIP FUND, Louise............. 37,618
GOORABIAN ENDOWMENT FUND, Mr. & Mrs. Harry...................... 16,615
GOPOIAN ENDOWMENT FUND, Arpiar H............................................ 196
GOSTANIAN MEMORIAL FUND, Dorothy.......................................... 7,939
GOSTANIAN MEMORIAL FUND, Esther............................................ 2,645
GOSTANIAN MEMORIAL FUND, Vartanoush & Manoug................. 10,008
GOULIAN ENDOWMENT FUND, Mr. & Mrs. Dicran............................ 2,936
GOULIAN ENDOWMENT FUND, Dr. Dicran & Nancy............................ 296
GRALIAN MEMORIAL FUND, Bayzar................................................ 1,661
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
GRAY MEMORIAL FUND, J. Harry................................................... 41,536
GREGORY ENDOWMENT FUND, Marie.............................................. 788
GREGORY MEMORIAL FUND, John & Lousaper.............................. 2,414
GRIGGS (BENAYAN) MEMORIAL FUND, Aroos.............................. 12,254
GROSS MEMORIAL FUND, Diana Melkonian.................................... 2,747
GUEKGUEZIAN ENDOWMENT FUND, Assadour & Turfanda............ 2,718
GUEKGUEZIAN ENDOWMENT FUND, Mr. & Mrs. Bedros.................... 931
GUEKGUEZIAN ENDOWMENT FUND, Rev. Bernard & Knar.......... 50,716
GUEKGUEZIAN FAMILY ENDOWMENT FUND, Asbed....................11,369
GUEKGUEZIAN MEMORIAL FUND, Rev. Yenouk & Maggie............ 44,631
GUEYIKIAN ENDOWMENT FUND, Dr. & Mrs. Berj............................. 4,104
GUEYIKIAN ENDOWMENT FUND, Mr. & Mrs. Luther........................ 4,651
GULBENKIAN ENDOWMENT FUND, Prof. Avedis............................. 2,203
GULBENKIAN MEMORIAL FUND, Hasmig & Garbis....................... 18,980
GULDALIAN ENDOWMENT FUND, Mr. & Mrs. Antranik O.................... 333
GULDALIAN ENDOWMENT FUND, K. George.................................. 6,619
GULDALIAN ENDOWMENT FUND, Mr. & Mrs. Ohannes...................... 323
GULESERIAN ENDOWMENT FUND, Mr. & Mrs. John....................... 3,420
GULESERIAN ENDOWMENT FUND, Lillian......................................... 684
GULESERIAN ENDOWMENT FUND, Mourad...................................... 450
GULESSERIAN ENDOWMENT FUND, Levon & Shake................... 15,687
GULESSERIAN ENDOWMENT FUND, Sarkis & Elenie................... 23,072
GULESSERIAN MEMORIAL FUND, Dikran S. & Verkinia................ 15,506
GULESSERIAN MEMORIAL FUND, Vahram..................................... 9,932
GULESSERIAN MEMORIAL FUND, Vasken...................................... 5,900
GULEZIAN MEMORIAL FUND, Sarkis & Armenouhie...................... 55,234
GULIAN ENDOWMENT FUND, Arsen................................................ 2,517
GULUZIAN MEMORIAL FUND, Krikor O............................................ 4,569
GUMUSHIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis......................... 502
GURLEKIAN ENDOWMENT FUND, Rev. & Mrs. Hagop..................... 9,630
GUZELIAN ENDOWMENT FUND, Hrant........................................ 347,086
GUZELIMIAN MEML FUND, Mr. & Mrs. Khacher & Mr. Puzant..........11,803
HACHIGIAN ENDOWMENT FUND, Mr. & Mrs. John M...................... 1,579
HACHIGIAN MEMORIAL FUND, Maritza............................................ 4,321
HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry A......................... 1,710
HADIDIAN ENDOWMENT FUND, Rev. & Mrs. Yenovk..................... 87,691
HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Yervant & Rose........... 35,342
HADIDIAN ENDOWMENT FUND, Mr. & Mrs. Zaven & Arpine...........11,540
HADIDIAN MEMORIAL FUND, Rev. Aram H. & Gaida...................... 42,152
HADIDIAN MEMORIAL FUND, Berjouhie........................................... 1,042
HADIDIAN MEMORIAL FUND, Edgar & Noubar.............................. 23,588
HADJIAN ENDOWMENT FUND, Mrs. Y................................................. 712
HAGOPIAN (GARABEDIAN) MEMORIAL FUND, Rose..................... 1,987
HAGOPIAN ENDOWMENT FUND, Dr. Arpi....................................... 94,554
HAGOPIAN ENDOWMENT FUND, Mr. & Mrs. Hurire N......................... 342
HAGOPIAN ENDOWMENT FUND, Jacob...................................... 104,873
HAGOPIAN ENDOWMENT FUND, Rebecca..................................... 1,320
HAGOPIAN MEMORIAL FUND, Bedros & Yeranouhi..................... 225,977
HAGOPIAN MEMORIAL FUND, Satenig...........................................11,985
HAGOPIAN MEMORIAL FUND, Sophie............................................. 1,828
HAIDOSTIAN ENDOWMENT FUND, Dr. & Mrs. Berj H..................... 14,778
HAIG (KASHISHIAN) FUND, K. & Elsie.......................................... 152,792
HAIG ENDOWMENT FUND, Mr. V. M..................................................... 461
HAIG MEMORIAL FUND, Harold & Virginia...................................... 10,695
HAKIMIAN ENDOWMENT FUND, Avedis & Alice............................. 63,219
HAKIMIAN ENDOWMENT FUND, George......................................... 2,354
HAKIMIAN ENDOWMENT FUND, Harry.......................................... 44,000
HAKIMIAN ENDOWMENT FUND, Krikor & Patricia........................... 3,655
HAKOYAN ENDOWMENT FUND, Boghos............................................ 761
HALAJIAN ENDOWMENT FUND, John & Agnes........................ 1,502,393
HALEBIAN ENDOWMENT FUND, Mr. & Mrs. Michael...................... 29,804
HALEBIAN ENDOWMENT FUND, Puzant & Barbara........................ 4,169
HALEBIAN MEMORIAL FUND, Marie................................................. 3,062
HALEBIAN MEMORIAL FUND, Puzant.............................................. 7,202
HALEBIAN MEMORIAL FUND, Rose................................................. 2,257
HALEBLIAN ENDOWMENT FUND, Jamil Haroutune......................... 2,936
HALEBLIAN ENDOWMENT FUND, Loutfi J. & Nouvart..................... 1,661
HALFORD MEML SCHOLARSHIP FUND, Anne Googooian........... 66,457
HALOJIAN MEMORIAL FUND, Arthur................................................... 432
HAMO ENDOWMENT FUND, Sam & Phyllis...................................... 3,762
HANCOCK ENDOWMENT FUND, Angele Bedrossian................... 151,101
Name of Fund Value
HANENIAN ENDOWMENT FUND, Carolyn........................................... 333
HANENIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis.......................... 2,665
HANESSIAN ENDOWMENT FUND, Christine.................................... 1,615
HANESSIAN ENDOWMENT FUND, Nevdon & Sossy..................... 19,271
HANESSIAN MEMORIAL FUND, Avedis............................................ 4,631
HANSEN ENDOWMENT FUND, Zabelle.......................................... 45,501
HANSON ENDOWMENT FUND, Virginia Hanessian......................... 3,799
HARABEDIAN MEMORIAL FUND, Rose G...................................... 21,986
HARIKIAN ENDOWMENT FUND, Mr. & Mrs. Diran........................... 14,619
HAROOTUNIAN ENDOWMENT FUND, Sena.................................... 6,467
HAROUTUNIAN ENDOWMENT FUND, Mr. & Mrs. Harry................... 1,537
HAROUTUNIAN MEMORIAL FUND, Yessayi & Makroohi.................. 6,561
HARPOOTLIAN FAMILY MEM’L FUND, Charles & Esther............. 203,719
HARTUNIAN ENDOWMENT FUND, Albert & Mary............................ 7,615
HARTUNIAN ENDOWMENT FUND, Mrs. Alice...................................... 659
HARTUNIAN ENDOWMENT FUND, Byron........................................... 187
HARTUNIAN ENDOWMENT FUND, George & Lillian........................... 831
HARTUNIAN ENDOWMENT FUND, Mr. & Mrs. John......................... 6,147
HARTUNIAN ENDOWMENT FUND, Mrs. Nevdon.............................. 2,098
HARTUNIAN ENDOWMENT FUND, Mrs. V............................................ 705
HARTUNIAN MEMORIAL FUND, Abraham........................................... 314
HARTUNIAN/YESAIAN END FD, Margaret & Robert/Avedis & Flora....... 39,569
HARUTUNIAN ENDOWMENT FUND, Mr. & Mrs. John....................... 9,472
HARUTUNIAN FAMILY FUND, Der Sahakian................................... 17,173
HASERJIAN ENDOWMENT FUND, Nouritza..................................... 3,659
HASSERJIAN MEMORIAL FUND, Dr. Paul Y. & Margaret.............. 41,466
HASSERJIAN ENDOWMENT FUND, Mr. & Mrs. Gerard.................... 1,710
HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Henry K................... 2,819
HASSERJIAN MEMORIAL FUND, Aznive & Satenig........................ 22,616
HASSERJIAN MEMORIAL FUND, Jamil............................................... 217
HASSESSIAN ENDOWMENT FUND, Rev. & Mrs. Herald A. G........ 10,720
HATCH ENDOWMENT FUND, Benjamin........................................... 8,599
HATCH MEMORIAL FUND, Eleanor...................................................... 839
HAYES ENDOWMENT FUND, Gladys Aranosian................................. 856
HEGHINIAN MEMORIAL FUND, Rev. Nazareth & Louisa................. 13,550
HEKEMIAN ENDOWMENT FUND, Robert & Colleen.......................11,699
HEKIMIAN ENDOWMENT FUND, Dr. & Mrs. J................................. 16,277
HEKIMIAN ENDOWMENT FUND, M. Jerry & Margot......................... 3,820
HEKIMIAN MEDICAL SCHOLARSHIP FUND, Dr. Jacob H............... 70,105
HEKIMIAN MEMORIAL FUND, Aram.................................................. 2,823
HEKIMIAN MEMORIAL FUND, Zeron Jerry........................................ 2,383
HELVADJIAN ENDOWMENT FUND, Nishan & Armine.................... 29,684
HINTLIAN ENDOWMENT FUND, Mr. Neshan G................................. 1,710
HINTLIAN ENDOWMENT FUND, Setrak & Sara.............................. 44,194
HINTLIAN FOUNDATION ENDOWMENT FUND, . ............................ 8,390
HODGSON ENDOWMENT FUND, Isabelle E.................................... 1,026
HOLOPIGIAN ENDOWMENT FUND, Warren........................................ 420
HOOD MEMORIAL FUND, Kimberly Ann........................................... 1,928
HOOGASIAN ENDOWMENT FUND, George & Alice............................ 684
HORIGIAN ENDOWMENT FUND, Mr. & Mrs. Kirk................................. 342
HOUROIAN MEMORIAL FUND, Mampre & Pepron.............................. 664
HOUSEPIAN ENDOWMENT FUND, Dr. & Mrs. Edgar........................... 490
HOVAGIMIAN ENDOWMENT FUND, Mr. George............................. 12,586
HOVAGIMIAN ENDOWMENT FUND, Sona....................................... 1,710
HOVAGIMIAN MEMORIAL FUND, Angele........................................ 22,935
HOVAGIMIAN MEMORIAL FUND, Mgrditch & Takouhy................... 12,828
HOVAGIMIAN RELIGOUS FUND, Rev. Hovey & Jean...................... 12,485
HOVANESSIAN ENDOWMENT FUND, Dr. & Mrs. R. A...................... 3,323
HOVANESSIAN MEMORIAL FUND, Arakel & Dirouhi...................... 24,717
HOVENANIAN ENDOWMENT FUND, Alice & Phyllis........................ 9,528
HOVENANIAN ENDOWMENT FUND, Dr. Michael S........................ 65,154
HOVENANIAN MEMORIAL FUND, Peter & Sara............................. 35,351
HOVENANIAN MEML FUND, Simon, Bengzede & Mary.................... 9,528
HOVNANIAN ENDOWMENT FUND, Dr. H. Philip............................. 46,494
HOVNANIAN ENDOWMENT FUND, Mr. & Mrs. Hirair........................ 2,394
HOVNANIAN ENDOWMENT FUND, Mr. & Mrs. Kevork......................... 467
HOVNANIAN ENDOWMENT FUND, Vahak & Hasmig....................... 1,870
HOVNANIAN FAMILY FUND, Jirair & Lil............................................. 2,108
HOVNANIAN MEMORIAL ENDOWMENT FUND, Dr. August............ 14,274
HOVNANIAN MEMORIAL FUND, Albert H......................................... 2,257
HOVNANIAN MEMORIAL FUND, Joan............................................ 12,121
35
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
HOVNANIAN MEMORIAL FUND, Dr. Philip & Lydia.......................... 86,717
HOVSEPIAN ENDOWMENT FUND, Rev. & Mrs. Avedis J......................311
HOVSEPIAN ENDOWMENT FUND, Martin........................................... 420
HOVSEPIAN MEMORIAL FUND, Angele......................................... 36,259
HOWSEPIAN FUND, Awag & Takouhie............................................ 13,781
HUSISIAN ENDOWMENT FUND, John & Rose................................. 4,020
ICHKHAN ENDOWMENT FUND, Dr. Vicken....................................... 1,674
IGNATIUS FUND, Clara.................................................................... 12,881
IGREJA EVANGELICA ARMENIA FUND, De Sao Paolo.................. 19,406
ILANJIAN MEMORIAL FUND, Marie................................................... 2,233
ISBERIAN ENDOWMENT FUND, Oscar & Bros................................... 684
ISHKANIAN ENDOWMENT FUND, Dr. H............................................... 662
ISHKANIAN ENDOWMENT FUND, Hagop & Elvira........................... 7,571
ISHKANIAN MEMORIAL ENDOWMENT FUND, Harry...................... 3,974
ISKENDERIAN ENDOWMENT FUND, Mr. & Mrs. I................................ 515
ISKIAN FAMILY ENDOWMENT FUND, ........................................... 23,454
ISKIYAN THEOLOGICAL SCHOL. FUND, Paul & Arousiag........... 160,659
IZMIRIAN ENDOWMENT FUND, Mr. & Mrs. Luther.......................... 16,012
IZMIRLIAN SCHOLARSHIP FUND, Mr. & Mrs. Shimavon................. 33,057
JAMESON ESSAY CONTEST FUND, James................................. 306,355
JAMESON FAMILY ENDOWMENT FUND, James......................... 576,898
JAMGOCHIAN ENDOWMENT FUND, Mr. & Mrs. Aram...................... 3,420
JAMGOTCHIAN END. FUND, Mr. & Mrs. Onnig (John).......................... 665
JAMGOTCHIAN ENDOWMENT FUND, Mrs. Serpouhi....................... 4,378
JAMGOTCHIAN ENDOWMENT FUND, Mr. & Mrs. Vartan..................... 333
JAMGOTCHIAN MEMORIAL FUND, Anna............................................ 342
JANBAZIAN ENDOWMENT FUND, Boghos & Agnes...................... 16,684
JANIGIAN END. FUND, Mr. & Mrs. Charles J. (Barbara)........................ 998
JANIGIAN MEMORIAL FUND, Antaram............................................. 1,599
JANJIGIAN ENDOWMENT FUND, Charles A..................................... 9,904
JANJIKIAN MEMORIAL FUND, Dr. & Mrs. Hovsep & Mary.................... 936
JEBEJIAN MEMORIAL FUND, Vahe.................................................. 5,282
JEDIDIAN EDUCATIONAL FUND, Martha Doodoo........................ 257,347
JEDIDIAN ENDOWMENT FUND, Haig.................................................. 690
JEMELIAN ENDOWMENT FUND, Nerses........................................ 10,700
JEMELYAN ENDOWMENT FUND, Jerry............................................ 2,686
JENANYAN ENDOWMENT FUND, John G.........................................9,118
JENANYAN MEMORIAL FUND, Charles Howard............................... 1,243
JERAHIAN ENDOWMENT FUND, Aram............................................ 1,049
JERIAN ENDOWMENT FUND, Dr. & Mrs. Samuel................................. 684
JERIAN ESSAYAN ENDOWMENT FUND......................................... 42,370
JERJISIAN SCHOLARSHIP FUND, George & Elizabeth.................. 75,152
JERNIKIAN ENDOWMENT FUND, Mother............................................ 524
JERNUKIAN MEMORIAL FUND, Haroutune & Dikranouhi................. 3,296
JERRAHIAN ENDOWMENT FUND, Sam.............................................. 840
JERYAN ENDOWMENT FUND, Mr. P. H............................................. 2,146
JESRALY ENDOWMENT FUND, Mr. Peter M..................................... 1,661
JEVAHIRJIAN MEMORIAL FUND, Arpine............................................. 236
JIGARJIAN MEMORIAL FUND, S. George & Rose............................ 8,378
JIVELEKIAN ENDOWMENT FUND, Luis.......................................... 36,136
JOHANSEN ENDOWMENT FUND, Dr. & Mrs. Erling............................. 817
JOHNSON ENDOWMENT FUND, Richard......................................... 1,710
JOHNSON ENDOWMENT FUND, Mr. & Mrs. Zaven.............................. 758
JONES MEMORIAL FUND, Sam........................................................ 7,062
JOSEPH ENDOWMENT FUND, Mr. & Mrs. Jack & Mary.................... 7,951
JOUROYAN MEMORIAL FUND, Dick................................................. 1,936
JUNDANIAN ENDOWMENT FUND, Mr. & Mrs. Thomas..................... 7,259
KABAKJIAN ENDOWMENT FUND, Mr. & Mrs. Aram.......................... 2,517
KABAKJIAN ENDOWMENT FUND, Haigazoon & Aghavni............ 120,751
KABAKJIAN ENDOWMENT FUND, Rose........................................ 10,260
KABIAN ENDOWMENT FUND, Ludwig................................................. 420
KABOOLIAN ENDOWMENT FUND, Karekin.................................... 48,180
KACHADORIAN ENDOWMENT FUND, Anna....................................... 342
KACHADORIAN ENDOWMENT FUND, Mr. & Mrs. Carnick................ 1,710
KACHADURIAN ENDOWMENT FUND, Zumruth..............................11,740
KACHATUROFF ENDOWMENT FUND, Nora Maya........................ 16,580
KADIAN ENDOWMENT FUND, Dr. & Mrs. George............................. 3,676
KADIAN ENDOWMENT FUND, John & Sosy........................................ 187
KADIAN FAMILY ENDOWMENT FUND, Gloria.................................. 6,486
KAISERIAN ENDOWMENT FUND, Edward A. & Sara P.................... 2,992
KALAGIAN MEMORIAL FUND, Kalos, Zabel & Alice..................... 166,703
36
Name of Fund Value
KALAIDJIAN ENDOWMENT FUND, Rev. Mihran................................ 1,221
KALAIDJIAN ENDOWMENT FUND, Rev. William............................... 2,181
KALAYAN ENDOWMENT FUND, Shoushan & Berjouhie................... 4,496
KALAYDJIAN ENDOWMENT FUND, Levon....................................... 5,644
KALAYDJIAN MEMORIAL FUND, Roupen & Marie............................ 2,741
KALEM MEMORIAL FUND, Bettina Josephine................................. 13,850
KALEMKARIAN END. FUND, Mr. & Mrs. George V........................... 22,502
KALEMKERIAN ENDOWMENT FUND, John........................................ 630
KALEMKIARIAN ENDOWMENT FUND, Mr. & Mrs. Paul.................... 1,372
KALENIAN ENDOWMENT FUND, Margaret.................................... 59,834
KALFAYAN ENDOWMENT FUND, Hagop & Eliza............................ 18,552
KALFAYAN ENDOWMENT FUND, Dr. Laura J.................................... 7,410
KALFAYAN ENDOWMENT FUND, Rev. & Mrs. Puzant H................. 33,539
KALFAYAN END. FUND, Dr. & Mrs. Sarkis & Irene........................... 96,483
KALFAYAN MEMORIAL FUND, Dr. Asbed........................................... 6,472
KALFAYAN MEM’L FUND, Dr. & Mrs. Haroutune & Flora.................112,406
KALFAYAN MEMORIAL FUND/ZAREH, Luther & Beatrice.............. 15,679
KALOOSTIAN ENDOWMENT FUND, Alexander................................... 426
KALOUSDIAN ENDOWMENT FUND, Albert Sooren & Alice............. 18,628
KALOUSTIAN ENDOWMENT FUND, Mr. & Mrs. Samuel................. 87,061
KALUNIAN ENDOWMENT FUND, Mr. & Mrs. Haig............................. 1,710
KALVONJIAN ENDOWMENT FUND, Araxie.................................... 16,087
KALYN MEMORIAL FUND, Hampton & Grace................................. 10,493
KAMAJIAN ENDOWMENT FUND, Arthur & Rosine.............................. 323
KAPIGIAN ENDOWMENT FUND, Haig................................................. 840
KAPIGIAN MEMORIAL FUND, Harry..................................................... 823
KAPRIELIAN ENDOWMENT FUND, Kapriel...................................... 1,775
KAPRIELIAN MEMORIAL FUND, Roy................................................... 292
KARACHORLU ENDOWMENT FUND, Dr. & Mrs. K. Vahe.................... 342
KARAGOZIAN ENDOWMENT FUND, Mr. & Mrs. Albert..................... 3,420
KARAGOZIAN ENDOWMENT FUND, Zevart..................................... 2,548
KARAKASHIAN ENDOWMENT FUND, Jack & Grace....................... 4,839
KARAKASHIAN MEMORIAL FUND, Mr. Karekin................................. 3,033
KARAMANOUGIAN END. FUND, Vartanoush & Garabed............... 51,990
KARAMANOUKIAN END. FUND, Ohannes & Araxie...................... 100,936
KARAPETOFF ENDOWMENT FUND, Siroon....................................... 760
KARIAN ENDOWMENT FUND, Dr. & Mrs. Bernard K......................... 6,453
KARIAN ENDOWMENT FUND, Dr. Edward & Lucy........................ 250,154
KARIAN MEMORIAL FUND, Michael.................................................. 1,470
KARJIAN ENDOWMENT FUND, Rev. Hovhannes............................ 20,479
KARTOZIAN ENDOWMENT FUND, Rev. & Mrs. Haroutune............... 5,670
KASAB ENDOWMENT FUND, Mr. & Mrs. Jacob.................................... 342
KASABACH ENDOWMENT FUND, Mrs. Arshalous.......................... 10,906
KASABACH END. FUND, Dr. Harry Yervant & Armen....................... 26,989
KASABIAN ENDOWMENT FUND, Shamiram....................................... 187
KASHIAN ENDOWMENT FUND, Puzant H........................................... 373
KASHISHIAN ENDOWMENT FUND, Enock & Mary........................ 31,105
KASHMANIAN ENDOWMENT FUND, Hagop & Arousiag................ 13,551
KASPARIAN ENDOWMENT FUND, Mr. & Mrs. Zarvin J........................ 684
KASPARIAN ENDOWMENT FUND #1, Alice Odian......................... 52,137
KASPARIAN SCHOLARSHIP FUND #2, Alice Odian....................... 52,137
KASPARIAN SCHOLARSHIP FUND #3, Alice Odian....................... 52,137
KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L......................... 1,710
KASSABIAN ENDOWMENT FUND, Mr. & Mrs. A. L........................ 458,045
KASSABIAN ENDOWMENT FUND, Dr. John & Mary......................... 4,029
KASSABIAN ENDOWMENT FUND, Mr. & Mrs. Mihran....................... 5,318
KASSARDJIAN ENDOWMENT FUND, Khoren & Kanarik................. 6,352
KASSARJIAN ENDOWMENT FUND, Romeo..................................... 3,898
KASSOUNI ENDOWMENT FUND, Rev. & Mrs. Vartkes.................... 14,353
KASSOUNY ENDOWMENT FUND, Dr. & Mrs. Dicran Y................... 31,759
KASSOUNY KAVOUKSORIAN FUND, Kevork H. & Sirvart............... 6,343
KASSOUNY MEMORIAL FUND, Rev. & Mrs. Yeghia........................ 15,710
KASSOUNY SCHOLARSHIP END. FUND, Arousiag Joy................. 87,927
KAVJIAN ENDOWMENT FUND, Dr. & Mrs. Edward........................ 109,858
KAY ENDOWMENT FUND, George & Grace................................... 23,760
KAYAIAN ENDOWMENT FUND, Mr. & Mrs. Berge.............................. 2,753
KAYE ENDOWMENT FUND, Dr. & Mrs. Ernest................................... 3,186
KAZANJIAN ENDOWMENT FUND, Anna........................................... 4,404
KAZANJIAN ENDOWMENT FUND, Harold G....................................... 513
KAZANJIAN ENDOWMENT FUND, Harry.......................................... 4,977
KAZANJIAN ENDOWMENT FUND, Mr. & Mrs. Jack........................... 1,786
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
KAZANJIAN ENDOWMENT FUND, John........................................... 4,291
KAZANJIAN ENDOWMENT FUND, Juliette....................................... 2,727
KAZANJIAN ENDOWMENT FUND, Nouritza..................................... 4,291
KAZANJIAN ENDOWMENT FUND, Oscar............................................ 524
KAZAROSIAN ENDOWMENT FUND, Harry....................................... 1,495
KAZAROSIAN ENDOWMENT FUND, Mr. & Mrs. Paul........................ 1,368
KAZAROSIAN MEMORIAL ENDOWMENT FUND, Clara................... 5,925
KAZAROSIAN MEMORIAL ENDOWMENT FUND, Louise................. 6,069
KAZAROSIAN MEMORIAL FUND, Rev. B. B. & Mary......................... 6,569
KAZELIAN/KUMJIAN MEMORIAL FUND............................................ 3,186
KECK ENDOWMENT FUND, Florence.................................................. 333
KEHEYAN ENDOWMENT FUND, Dicran & Gulenia........................ 10,974
KELEDJIAN MEMORIAL FUND, Takouhi........................................... 3,308
KELESHIAN MEMORIAL FUND, Karl Karekin.................................. 70,961
KELIKIAN ENDOWMENT FUND, Dr. H. & Ovsanna........................... 1,710
KELJIKIAN ENDOWMENT FUND, Sarkis & Madeleine...................... 2,496
KELLIGIAN MEMORIAL FUND, Myron & Helen F............................ 22,216
KELLIKIAN MEMORIAL FUND, Bedros & Aznive............................. 10,765
KENOSIAN MEMORIAL FUND, Charles........................................ 129,981
KEOSIAN ENDOWMENT FUND, Peter................................................. 797
KEOSIAN MEMORIAL FUND, Robert & Cora.................................... 1,445
KERBABIAN ENDOWMENT FUND, Rev. & Mrs. Ardashes.............. 19,937
KERBEYKIAN ENDOWMENT FUND, Mr. & Mrs. Edward....................4,117
KERBEYKIAN SCHOLARSHIP FUND, Jeffrey............................... 170,573
KERKASHARIAN ENDOWMENT FUND, Samuel & Satenig............ 17,856
KERMOYAN ENDOWMENT FUND, Aznive........................................... 999
KERTMENIAN MEMORIAL FUND, Marjorie......................................11,849
KESH MEMORIAL FUND, Mary N......................................................... 793
KESHIAN ENDOWMENT FUND, Mr. & Mrs. Harry.............................. 2,180
KESHISHIAN ENDOWMENT FUND, Hadji Hagop............................. 2,586
KESHISHIAN ENDOWMENT FUND, Kevork...................................... 1,675
KESHISHIAN ENDOWMENT FUND, Levon & Dickranouhie............ 14,048
KESHISHIAN ENDOWMENT FUND, Dr. & Mrs. S. K.......................... 4,291
KESHISHIAN MEMORIAL FUND, Garabed S.................................. 13,432
KESHISHIAN MEMORIAL FUND, Jirayr............................................. 5,900
KESHISHIAN MEMORIAL FUND, Mr. & Mrs. Mark........................... 42,369
KESHISHIAN MEMORIAL FUND, Moses & Victoria......................... 70,333
KESHISHIAN MEMORIAL FUND, Siroon........................................... 5,571
KETENJIAN MEMORIAL FUND, Beatrice.......................................... 9,969
KETENJIAN MEMORIAL FUND, Hagop Markar................................. 5,195
KETENJIAN MEMORIAL FUND, Yervant & Yulia............................. 27,561
KETEYIAN MEMORIAL FUND, Rose................................................. 2,145
KEUCHGERIAN MEMORIAL FUND, Marie........................................ 2,066
KEUHNELIAN ENDOWMENT FUND, Mr. & Mrs. Garabed H.......... 146,127
KEUSEYAN ENDOWMENT FUND, Mr. & Mrs. John......................... 12,695
KEVORKIAN ENDOWMENT FUND, Mrs. Frank................................. 4,615
KEVORKIAN ENDOWMENT FUND, George & Alice........................ 31,302
KEVORKIAN ENDOWMENT FUND, Mr. & Mrs. Joseph...................... 4,291
KEVORKIAN ENDOWMENT FUND, Joseph H..................................... 420
KEVORKIAN ENDOWMENT FUND, Mr. Karnig..................................... 944
KEVORKIAN ENDOWMENT FUND, Kenneth & Thelma.................... 3,989
KEVORKIAN ENDOWMENT FUND, Mr. & Mrs. Zenas J.................... 1,768
KEYISHIAN ENDOWMENT FUND, Mr. & Mrs. John H...................... 49,785
KEYISHIAN ENDOWMENT FUND, Mr. & Mrs. Robinson.................. 12,361
KEYISHIAN MEMORIAL FUND, Yamnega......................................... 1,363
KEZLARIAN ENDOWMENT FUND, Mrs. P............................................. 420
KHACHADOORIAN MEMORIAL FUND, Elizabeth............................. 1,006
KHACHADOURIAN MEM’L FUND, Rev. Nerses & Gulenia............. 24,430
KHACHADOURIAN END. FUND, Mr. & Mrs. Khachadour...................1,112
KHACHIGIAN MEMORIAL FUND, John & Elizabeth........................ 26,909
KHARAJJIAN MEMORIAL FUND, Nouri & Jemile............................ 53,247
KHERLOPIAN ENDOWMENT FUND, Mr. & Mrs. Ara............................. 342
KHERLOPIAN MEMORIAL FUND, Marie............................................2,119
KHOUNGANIAN ENDOWMENT FUND, Samuel & Limi..................... 4,742
KHRIMIAN ENDOWMENT FUND, Rose........................................... 54,463
KIRIAN ENDOWMENT FUND, Mirijan................................................... 236
KIRISHIAN ENDOWMENT FUND, Mr. & Mrs. William............................ 684
KIRISHIAN MEMORIAL FUND, Mr. Aroot............................................... 568
KISH ENDOWMENT FUND, Mr. & Mrs. Zaven A.................................... 467
KISHISHIAN ENDOWMENT FUND, Mr. Haig......................................... 514
KIZIRIAN ENDOWMENT FUND, Jacob & Virginia........................... 14,953
Name of Fund Value
KIZIRIAN MEMORIAL FUND, Mr. & Mrs. John....................................... 274
KLIJIAN ENDOWMENT FUND, Mr. & Mrs. Barkev................................. 342
KNADJIAN ENDOWMENT FUND, Peter............................................ 2,392
KNADJIAN MEMORIAL FUND, Hagop, Zarouhi, Yetvart . ................. 7,075
KNAIAN MEMORIAL FUND, Nighoghos G......................................... 3,408
KOCHAKIAN ENDOWMENT FUND, Giragos & Martha................... 21,377
KOCHAKIAN ENDOWMENT FUND, Rose............................................ 342
KOCHAKIAN MEMORIAL FUND, Moushegh & Arshalous............... 98,891
KOEHNKE ENDOWMENT FUND, George J. & Frances....................... 540
KOEROGHLIAN END. FUND, Rev. Mihran & Beatrice...................... 40,151
KOKORIAN ENDOWMENT FUND, Mary............................................ 2,450
KOMOORIAN ENDOWMENT FUND, Arika.................................... 615,253
KONDAKJIAN ENDOWMENT FUND, Albert & Josephine.................. 2,575
KONDAKJIAN ENDOWMENT FUND, Solomon.................................... 587
KONDOURAJIAN MEM’L FUND, Mr. & Mrs. Samuel & Flora................. 677
KONYALIAN ENDOWMENT FUND, Krikor & Anoush...................... 38,542
KOOLAKIAN ENDOWMENT FUND, Mr. Robert G.............................. 1,434
KOOMJIAN ENDOWMENT FUND, Mr. & Mrs. A. H............................. 1,661
KOOMJIAN ENDOWMENT FUND, Mr. & Mrs. Richard H...................... 333
KOOMJIAN ENDOWMENT FUND, Virginia........................................... 342
KOOYUMJIAN ENDOWMENT FUND, Martha.................................... 3,420
KORDZIAN ENDOWMENT FUND, Leon M........................................ 5,150
KORENIAN ENDOWMENT FUND, Mr. & Mrs. John.......................... 70,297
KOUGASIAN ENDOWMENT FUND, Charles........................................ 908
KOUMJIAN ENDOWMENT FUND, Mr. & Mrs. Dickran H.................... 5,489
KOUMRIAN ENDOWMENT FUND, Nathan & Makrouhi.................. 21,684
KOUNDAKJIAN MEMORIAL FUND, Albert & Yevnige...................... 19,298
KOUNDAKJIAN MEMORIAL FUND, Rev. Hagop & Mariam................ 2,959
KOUNDAKJIAN MEMORIAL FUND, James..................................... 17,341
KOUNDAKJIAN MEMORIAL FUND, Loutfi & Isgouhi......................... 6,309
KOUNDAKJIAN/BEREJIKLIAN MEMORIAL FU, ............................. 53,041
KOUYOUMDJIAN ENDOWMENT FUND, Silvio Vartan...................... 1,579
KOUYOUMJIAN MEMORIAL FUND, Rev. Nerces............................. 19,664
KOUYOUMJIAN MEMORIAL FUND, Dr. Robert G............................ 43,468
KOUYOUMJIAN-POLADIAN MEMORIAL FUND, Araxie.................. 23,540
KOUYUMDJIAN END. FUND, Dr. & Mrs. Ascencao............................ 5,289
KOUZOUKIAN MEMORIAL FUND, Shaka......................................... 3,033
KRADJIAN ENDOWMENT FUND, Steve............................................ 1,773
KRAN ENDOWMENT FUND, Mr. & Mrs. Joseph.................................... 217
KRIKORIAN END. FUND, Grace & Araxie Chourian........................ 13,056
KRIKORIAN ENDOWMENT FUND, Haig & Helen.............................. 2,326
KRIKORIAN ENDOWMENT FUND, Haig K. & Rose........................ 28,551
KRIKORIAN END. FUND, Hrant, Dolores & Rosanne...................... 18,743
KRIKORIAN ENDOWMENT FUND, John S. Jr...................................... 753
KRIKORIAN ENDOWMENT FUND, Mr. & Mrs. Leo............................... 333
KRIKORIAN ENDOWMENT FUND, Peter K....................................... 3,323
KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. Puzant C.................. 70,961
KRIKORIAN ENDOWMENT FUND, Rev. Samuel Coffin................... 57,051
KRIKORIAN ENDOWMENT FUND, Serge & Ann........................... 208,005
KRIKORIAN ENDOWMENT FUND, Yesayi & Jemile.......................... 2,098
KRIKORIAN MEMORIAL FUND, Harry............................................... 1,759
KRIKORIAN MEMORIAL FUND, Sarkis Sr......................................... 3,762
KULJIAN ENDOWMENT FUND, Arthur H........................................... 1,049
KULJIAN ENDOWMENT FUND, Edward H........................................ 1,677
KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................. 333
KUMJIAN ENDOWMENT FUND, Charles J........................................ 2,098
KUMJIAN ENDOWMENT FUND, Vartan N............................................ 684
KUPALIAN END. FUND, Osanna, Hoohanes & Esther..................... 17,724
KUPEYAN MEMORIAL FUND, Alice...................................................... 137
KURKJIAN MEMORIAL FUND, Daniel............................................... 9,818
KURKLIAN MEMORIAL FUND, Rose................................................. 1,773
KUSSAJIKIAN ENDOWMENT FUND, Hagop Vartivar..................... 10,005
KUYUMJIAN ENDOWMENT FUND, Dikran.......................................... 420
LAPP ENDOWMENT FUND, Tim & Laura........................................ 10,418
LAZAR MEMORIAL FUND, Isaac N.................................................... 1,966
LEONIAN ENDOWMENT FUND, Rev. Rene & Sylvie......................... 4,550
LEVONIAN ENDOWMENT FUND, Rev. & Mrs. P. & S........................ 7,948
LEVONIAN ENDOWMENT FUND, Rakel.............................................. 420
LEVONIAN MEMORIAL FUND, Elia, Mariam & Louise.................. 103,282
LEVONIAN MEMORIAL FUND, Levon T............................................. 2,161
LEVONIAN MEMORIAL FUND, Yervant & Virginia........................... 14,547
37
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
LION ENDOWMENT FUND, Alfred Jr. & Pearl................................. 17,889
LOUSIN ENDOWMENT FUND, Mr. & Mrs. Max.................................. 2,988
LOUSSARARIAN ENDOWMENT FUND, Hagop & Arsha................ 40,975
LUCAS ENDOWMENT FUND, Mr. & Mrs. Zaven................................ 2,736
LULEJIAN ENDOWMENT FUND, Araxie............................................ 1,103
LULEJIAN MEMORIAL FUND, John Melkon.................................... 13,708
MACER ENDOWMENT FUND, Dr. & Mrs. George A............................. 333
MACKITAR ENDOWMENT FUND, Rev. & Mrs. S. M.......................... 4,992
MACKTARIAN ENDOWMENT FUND, Harry......................................... 533
MAGARIAN ENDOWMENT FUND, Gasper & Aznive......................... 3,323
MAGARIAN MEMORIAL FUND, Armorel M........................................ 9,639
MAGAZANIAN ENDOWMENT FUND, Peter......................................... 420
MAGHAKIAN ENDOWMENT FUND, Armenouhi.............................. 64,822
MAGZANIAN ENDOWMENT FUND, Samuel & Victoria................... 67,589
MAGZANIAN MEMORIAL FUND, Manasseh H. & Mary.................... 5,432
MAHIGIAN ENDOWMENT FUND, Krikor........................................... 1,178
MAHJOUBIAN ENDOWMENT FUND, Roupen.................................. 4,291
MAHJOUBIAN ENDOWMENT FUND, Roupen..................................... 779
MAHSEREJIAN ENDOWMENT FUND, Jamile...................................... 567
MAHSEREJIAN MEMORIAL FUND, Lydia............................................ 412
MAHSHIGIAN MEMORIAL FUND, Rev. Sdepan H............................. 7,159
MAISSIAN ENDOWMENT FUND, Edward & Mother............................. 420
MAKANIAN MISSIONARY FUND, Rahel & Osanna....................... 157,321
MALIAN ENDOWMENT FUND, Mr. & Mrs. Arthur............................. 59,469
MALIAN ENDOWMENT FUND, Shaharzoum........................................ 873
MALJANIAN ENDOWMENT FUND, Edward A................................. 63,377
MALJANIAN ENDOWMENT FUND, Mrs. H. & Eddie............................. 840
MALJANIAN ENDOWMENT FUND, Takoohi......................................... 361
MALOOTIAN MEMORIAL FUND, Estate of Azniv Agnes.................. 84,014
MALOOTIAN MEMORIAL FUND, Maritza............................................. 638
MAMARIAN MEMORIAL FUND, Ashot & Dikranouhi............................ 935
MANASIAN MEMORIAL FUND, Rose................................................ 1,633
MANAVIAN MEMORIAL FUND, Rev. & Mrs. Garabed........................ 7,148
MANGURIAN ENDOWMENT FUND, Mr. & Mrs. Harry..................... 12,989
MANIS ENDOWMENT FUND, Dr. & Mrs. Edward T............................ 1,368
MANISHAGIAN ENDOWMENT FUND, Edward & John................... 77,920
MANJELIKIAN ENDOWMENT FUND, Yeghia & Lucy........................ 8,690
MANOOGIAN ENDOWMENT FUND, Manoog T.............................. 64,198
MANOOGIAN ENDOWMENT FUND, Paul C................................... 94,422
MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Richard................... 2,128
MANOOGIAN MEMORIAL FUND, Esther & Garabed........................... 300
MANOOGIAN MEMORIAL FUND, Hovhannes & Denchaly............... 3,546
MANOOGIAN MEMORIAL FUND, Leonard A..................................... 3,386
MANOOGIAN MEMORIAL FUND, Madeline...................................... 5,956
MANOOGIAN MEM’L FUND, Vahan & Aghavnie Courian.................. 5,856
MANOOKIAN ENDOWMENT FUND, Ephronia..................................... 890
MANOUGIAN ENDOWMENT FUND, Dr. & Mrs. Ara.............................. 486
MANOUGIAN ENDOWMENT FUND, Maritza..................................... 2,566
MANOUGIAN FAMILY FUND, Nerses & Marie................................... 7,961
MANOUKIAN ENDOWMENT FUND, Manouk B. & Moses E............. 9,657
MANOUKIAN ENDOWMENT FUND, Moses B. & Rose E................ 45,005
MANOUKIAN ENDOWMENT FUND, Paul & Dona............................. 1,582
MANOUKIAN MEMORIAL FUND, Elize Kardzair............................. 18,748
MANOUSHAGIAN ENDOWMENT FUND, Berj M............................... 1,026
MANUELIAN ENDOWMENT FUND, Agnes T..................................... 7,033
MANUSHAKIAN ENDOWMENT FUND, Harry...................................... 333
MARACHLIAN ENDOWMENT FUND, Samuel & Gladys................... 1,579
MARANJIAN ENDOWMENT FUND, George & Rosy......................... 3,448
MARBURGER END. FUND, Dr. & Mrs. Richard & Mary...................... 1,191
MARDEROSIAN END. FUND (MARTYR), Agnes Oskanian............ 21,986
MARDEROSIAN END. FUND (MARTYR), Elijha Paul...................... 21,986
MARDEROSIAN END. FUND (MARTYR), Lt. Col. Johnny Paul....... 21,986
MARDEROSIAN MEMORIAL FUND, Mesrob & Dickranouhi............. 3,253
MARDIAN ENDOWMENT FUND, Mr. & Mrs. Samuel Jr.................... 58,725
MARDIGUIAN ENDOWMENT FUND, Arpine................................... 21,797
MARDIGUIAN ENDOWMENT FUND, Mr. & Mrs. Steven Y............... 27,446
MARDIGUIAN MEMORIAL FUND, Lydia Melene............................... 2,548
MARDIROSIAN ENDOWMENT FUND, Garabed & Quhar.................... 187
MARDIROSIAN ENDOWMENT FUND, Mardiros K............................ 2,146
MARDIROSSIAN ENDOWMENT FUND, Mr. & Mrs. Mardiros............ 9,969
MARGANIAN ENDOWMENT FUND, Rev. & Mrs. Mardiros.............. 35,536
38
Name of Fund Value
MARGOSIAN ENDOWMENT FUND, Zaven & Gladys....................... 3,503
MARGOSIAN MEMORIAL FUND, Haig.............................................. 9,798
MARGOZIAN ENDOWMENT FUND, Elizabeth..................................... 342
MARKARIAN ENDOWMENT FUND, Charles & Elizabeth..................... 342
MARKARIAN ENDOWMENT FUND, Gilbert & Agnes........................... 342
MARKARIAN ENDOWMENT FUND, Varsenig...................................... 684
MARKARIAN ENDOWMENT FUND, Dr. & Mrs. Yervant..................... 6,930
MAROUKIAN ENDOWMENT FUND, Mr. Gregory............................. 24,235
MARSUBIAN MEMORIAL FUND, Onan & Arousiag........................... 1,164
MARTHAYAN ENDOWMENT FUND, Rose........................................... 477
MARTIESIAN ENDOWMENT FUND, Lazarus....................................... 342
MASHIKIAN ENDOWMENT FUND, Steve E...................................... 6,646
MASON ENDOWMENT FUND, Mr. & Mrs. John.................................... 205
MAST MEMORIAL ENDOWMENT FUND, Harold E......................... 21,986
MASUMIAN MEMORIAL FUND, Estate of Nathan............................ 12,460
MATEOSIAN ENDOWMENT FUND, Samuel........................................ 619
MATHSON ENDOWMENT FUND, Archie & Stella........................... 85,215
MATIGIAN MEMORIAL FUND, Lucy................................................. 17,235
MATOSSIAN ENDOWMENT FUND, Alex & Helen............................11,962
MATOSSIAN ENDOWMENT FUND, Mr. & Mrs. Michael........................ 280
MATOSSIAN ENDOWMENT FUND, Dr. Nerses Y. & Ruth.................. 7,725
MATOSSIAN ENDOWMENT FUND, Sarkis........................................... 323
MATOSSIAN THEOLOGICAL FUND, Mateos & Josephine.............. 17,621
MATTHEWS ENDOWMENT FUND, Mr. & Mrs. Newton C.............. 536,396
MATTHEWS MEMORIAL FUND, Esther............................................. 4,284
MAYBALIAN MEMORIAL FUND, John............................................. 12,931
MC IVER ENDOWMENT FUND, Robert & Myrtle............................... 2,450
MCKINNON END. FUND, Rev. Alvin & Dorothy Azadian................... 26,103
MEDZARENTZ ENDOWMENT FUND, Takouhi.................................. 3,808
MEDZIAN ENDOWMENT FUND, Edward & Gloria.......................... 10,884
MEDZIAN ENDOWMENT FUND, Vivian............................................. 6,895
MEEKER MEMORIAL FUND, Estate of Elise.................................... 15,092
MEGERDITCHIAN ENDOWMENT FUND, Takouhi.......................... 17,294
MEGERDITCHIAN MEMORIAL FUND, Mary..................................... 1,773
MEGHRIGIAN ENDOWMENT FUND, Mr. & Mrs. Gary M................... 1,130
MEGHRIGIAN FAMILY ENDOWMENT FUND, .................................26,114
MEGURDICHIAN ENDOWMENT FUND, Mr. & Mrs. Mike..................... 342
MEHAGIAN ENDOWMENT FUND, ................................................... 4,033
MEKENIAN ENDOWMENT FUND, Araxy........................................... 1,154
MEKHJIAN ENDOWMENT FUND, Dr. & Mrs. Haroutune.................... 1,870
MEKITARIAN ENDOWMENT FUND, Azniv & Children...................... 2,909
MEKITARIAN MEMORIAL FUND, Arshavir......................................... 1,620
MELCON ENDOWMENT FUND, Mr. & Mrs. James L....................... 16,130
MELCONIAN ENDOWMENT FUND, Melcon & Hilda....................... 13,359
MELEKIAN ENDOWMENT FUND, Apel................................................ 788
MELEKIAN ENDOWMENT FUND, Frances E.................................... 2,816
MELIAN ENDOWMENT FUND, Mr. & Mrs. John................................. 1,661
MELIKIAN ENDOWMENT FUND, Carl B.......................................... 80,649
MELIKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................. 3,420
MELKONIAN ENDOWMENT FUND, Mr. & Mrs. Garabed................... 3,420
MELKONIAN ENDOWMENT FUND, Rev. John................................ 52,012
MERJANIAN ENDOWMENT FUND, Dr. & Mrs. Antipas......................... 665
MERJANIAN ENDOWMENT FUND, Garabed & Eftemia................... 7,479
MERJANIAN ENDOWMENT FUND, Panos & Mariam..................... 68,164
MERJANIAN ENDOWMENT FUND, Dr. & Mrs. Vosgeperan & Josephine...118,156
MESROBIAN MEMORIAL FUND, Serpouhi..................................... 34,312
MESSERLIAN ENDOWMENT FUND, Paul & Geralyn....................... 2,666
MESSERLIAN ENDOWMENT FUND, Robert & Gloria......................11,389
MESTJIAN ENDOWMENT FUND, Dr. Harry....................................... 2,936
MESTJIAN ENDOWMENT FUND, Rose.......................................... 28,367
MEZIAN ENDOWMENT FUND, Araxy................................................... 918
MGRDICHIAN HEKIMIAN ENDOWMENT FUND, Esther................. 14,964
MGRDITCHIAN MEMORIAL FUND, Joseph...................................... 4,127
MIADZINIAN ENDOWMENT FUND, Verkine......................................... 705
MICHAELIAN ENDOWMENT FUND, Donald & Carolyn.................. 12,888
MICHAELIAN ENDOWMENT FUND, Lucia........................................ 2,307
MICHAELIAN MEMORIAL FUND, Mary............................................. 2,963
MICKAELIAN MEMORIAL FUND, Fred & Akabe................................ 2,892
MILCONIAN ENDOWMENT FUND, Rose Khatir................................ 3,905
MILLER ENDOWMENT FUND, Anna Chaghatzbanian.................... 10,417
MINAESIAN MEMORIAL FUND, Rev. Artavazd & Sirpouhi............. 107,662
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
MINASIAN ENDOWMENT FUND, Onnig & Vartuhi.......................... 83,899
MINASIAN ENDOWMENT FUND, Vasken......................................... 1,468
MINASSIAN ENDOWMENT FUND, Rev. G. Diran & Lydia................46,311
MINASSIAN ENDOWMENT FUND, John.............................................. 420
MINASSIAN END. FUND, Nazaret, Anna & Manoug Kochakian......... 2,839
MINNETIAN ENDOWMENT FUND, Aram Robert & Tiffany N............. 8,365
MINNETIAN MEMORIAL FUND, Aram & Nevart.............................. 47,045
MINOR ENDOWMENT FUND, Dr. & Mrs. Allen H.................................. 342
MIRAK ENDOWMENT FUND, John................................................. 13,355
MIRIDJANIAN ENDOWMENT FUND, Dr. Anoush............................... 1,710
MISSAKIAN ENDOWMENT FUND, Dr. & Mrs. Michael....................... 8,175
MISSIRIAN ENDOWMENT FUND, Mr. & Mrs. John............................ 3,323
MISSISSYAN ENDOWMENT FUND, Dr. Kegham A.......................... 29,631
MKITARIAN ENDOWMENT FUND, Joyce.......................................... 1,315
MOFFSES MEMORIAL FUND, Edwin.............................................. 14,378
MOMJIAN ENDOWMENT FUND, Mr. & Mrs. Albert.......................... 52,740
MOMJIAN ENDOWMENT FUND, Mr. & Mrs. Mihran.............................. 420
MOODOYAN ENDOWMENT FUND, Rev. & Mrs. Hagop.................. 29,365
MOOMJIAN ENDOWMENT FUND, Rev. Melvin V.................................. 503
MOOMJY ENDOWMENT FUND, Mr. & Mrs. George S.......................... 665
MOORADIAN ENDOWMENT FUND, Mr. & Mrs. Richard....................... 665
MOORADIAN ENDOWMENT FUND, Sarah Siranoush...................... 3,855
MOORADIAN ENDOWMENT FUND, Sarkis & Mary Paul................ 68,538
MOORDIGIAN CLINIC FUND, Nazaret & Maritza............................ 41,949
MORADIAN ENDOWMENT FUND, Hon Judge & Mrs Ralph.............. 1,661
MORAMARCO ENDOWMENT FUND, Mrs. Zaroohi........................... 1,710
MORANIAN MASERIAN END. FUND, Manuel M. & Ovsanna.......... 27,662
MOROUKIAN ENDOWMENT FUND, Virginia.................................... 3,762
MOSEKIAN ENDOWMENT FUND, A.................................................... 570
MOUMDJIAN MEMORIAL FUND, Barkev.......................................... 1,104
MOUMJIAN END. FUND, Hampartzum & Makrouhy........................ 16,071
MOURAD MEMORIAL FUND, H. Khachadour....................................3,411
MOURAD MEMORIAL FUND, Richard A............................................ 2,645
MOURAD MEMORIAL FUND, Virginia (H.K.)..................................... 1,675
MOURADIAN ENDOWMENT FUND, Armen M. & Arousiag..............51,711
MOURADIAN ENDOWMENT FUND, Herair & Sirvart.................... 144,048
MOURADIAN ENDOWMENT FUND, Hratch & Kohar...................... 55,963
MOURADIAN ENDOWMENT FUND, Mr. & Mrs. K................................. 712
MOURADIAN ENDOWMENT FUND, Leon H................................. 108,006
MOURADIAN ENDOWMENT FUND, Dr. Mary G.............................. 50,988
MOURADIAN MEMORIAL FUND, Edward......................................... 1,579
MOUSHKANIAN ENDOWMENT FUND, John....................................... 420
MOUSIAN ENDOWMENT FUND, Lee & Azniv................................. 68,384
MOVSESIAN ENDOWMENT FUND, Mr. Arthur................................... 3,578
MOVSESYAN ENDOWMENT FUND, Rose Syranoushe...................... 890
MOWSESIAN ENDOWMENT FUND, Oozhenig................................. 2,741
MUGAR (YEMENIJIAN) MEM’L FUND, Mr. & Mrs. Charles & Eliza.... 6,231
MUGAR MEMORIAL FUND, Gregory M. & Maritza M...................... 17,726
MUGRDITCHIAN MEMORIAL FUND, Minas & Mihranoush............... 6,164
MUGRDITCHIAN MEMORIAL FUND, Vram John.............................. 9,348
MUGRDITCHIAN/MUGAR END FUND, Rev.Youhanna & Ephronia......... 85,913
MUKCHIAN ENDOWMENT FUND, Mugerdich & Mariam.................. 4,615
MUNCHERIAN BROS. ENDOWMENT FUND, ..................................... 420
MUNCHERIAN ENDOWMENT FUND, Krikor & Rosina..................... 3,546
MURADIAN ENDOWMENT FUND, Sam & Dora.............................. 17,323
MURADIAN MEMORIAL FUND, Dora................................................ 2,003
MURADIAN MEMORIAL FUND, Lem................................................. 1,429
MURADIAN MEMORIAL FUND, Murad & Yevkin............................111,587
MUSHEGAN ENDOWMENT FUND, Mack & Nellie............................ 7,618
MUSSELMAN MEMORIAL FUND, George A..................................... 2,645
NAHABEDIAN ENDOWMENT FUND, Samuel................................... 2,140
NAHABEDIAN ENDOWMENT FUND, Mr. & Mrs. Theodore............... 2,098
NAHABEDIAN ENDOWMENT FUND, Theodore & Benjamin............. 1,661
NAHIGIAN ENDOWMENT FUND, M. H............................................... 7,901
NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Movses........................ 6,217
NAHIGIAN ENDOWMENT FUND, Raymond & Marie.................... 181,770
NAHIGIAN MEMORIAL FUND, Edward & Kenneth.......................... 30,591
NAJARIAN AND FAMILY FUND, Baidzar............................................ 1,870
NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Arsen.............................. 342
NAJARIAN ENDOWMENT FUND, Matthew & Florence..................... 2,094
NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Vay.............................. 5,984
Name of Fund Value
NAJARIAN FAMILY END. FUND, Baidzar & Milton.......................... 46,307
NAJARIAN FAMILY ENDOWMENT FUND, Mourad........................... 8,677
NAJARIAN MEMORIAL FUND, George & Elizabeth.........................11,298
NAJARIAN MEMORIAL FUND, John O................................................. 688
NAKASHIAN ENDOWMENT FUND, H. H. & Sons........................... 32,728
NALBANDIAN ENDOWMENT FUND, Mr. & Mrs. Jack...................... 43,607
NALBANDIAN ENDOWMENT FUND, Khoren & Seta........................ 1,288
NALBANDIAN ENDOWMENT FUND, Dr. & Mrs. Vahe....................... 5,772
NARGOZIAN ENDOWMENT FUND, Elizabeth..................................... 342
NASON FAMILY ENDOWMENT FUND, George B............................. 4,232
NAZARIAN FAMILY ENDOWMENT FUND, Charles.......................... 1,048
NAZARIAN ENDOWMENT FUND, Alice & Artine............................. 14,012
NAZARIAN ENDOWMENT FUND, Alice Artine............................... 151,561
NAZARIAN ENDOWMENT FUND, Ebruhi............................................. 524
NAZARIAN ENDOWMENT FUND, George & Louise....................... 86,807
NAZARIAN ENDOWMENT FUND, George K. & Lucy G.................. 16,006
NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Henri......................... 29,494
NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Nazar.......................... 1,607
NAZARIAN MEMORIAL FUND, Alice.................................................. 6,886
NAZARIAN MEMORIAL FUND, Michael................................................ 942
NAZARIAN MEMORIAL FUND, Nazar................................................ 4,645
NAZARIAN MEMORIAL FUND, Nazareth..........................................43,118
NAZARIAN MEMORIAL FUND, Noubar............................................. 1,005
NEDOURIAN MEMORIAL FUND, Dickranouhy.............................. 127,624
NERGARARIAN ENDOWMENT FUND, Haroutune.............................. 596
NERSO ENDOWMENT FUND, Haig & Zarouhi..................................... 652
NIGOSIAN ENDOWMENT FUND, Haroutune....................................... 420
NIGOSSIAN MEMORIAL FUND, Hrandine & Solomon...................... 1,759
NISHAN ENDOWMENT FUND, Mr. & Mrs. Dagavarian............... 1,017,761
NORADOUNKIAN ENDOWMENT FUND, Mr. & Mrs. Souren............. 1,225
NORAIR ENDOWMENT FUND, Anne E............................................. 5,181
NORHAD ENDOWMENT FUND, Mr. & Mrs. O. M.................................. 342
NORIAN ENDOWMENT FUND, Edward & Sandra............................... 187
NORIAN ENDOWMENT FUND, Hagop Jay..................................... 86,966
NORIAN ENDOWMENT FUND, Kevork & Helen...............................11,154
NOURJIAN ENDOWMENT FUND, Mihran......................................... 4,261
NOURKHANIAN ENDOWMENT FUND, John....................................... 420
NOURKHANIAN MEMORIAL FUND, Alice......................................117,696
NUYUJUKIAN ENDOWMENT FUND, Hratch & Hasmig....................... 684
NUYUJUKIAN END. FUND, Rev. & Mrs. Soghomon......................... 40,489
O’BRIEN (TEZEKJIAN) ENDOWMENT FUND, Marguerite................ 5,447
OFLAZIAN MEMORIAL FUND, Movses & Margaret........................... 1,130
OGHIGIAN ENDOWMENT FUND, Niva S............................................. 342
OGHIGIAN ENDOWMENT FUND, Virginia....................................... 26,866
OHANESIAN ENDOWMENT FUND, Ann........................................... 2,143
OHANIAN ENDOWMENT FUND, Mr. & Mrs. Ara J................................. 628
OHANIAN ENDOWMENT FUND, Mr. & Mrs. Haig................................. 499
OHANIAN ENDOWMENT FUND, Therese....................................... 12,631
OHNIGIAN ENDOWMENT FUND, Mr. & Mrs. S................................ 16,454
ORDJANIAN ENDOWMENT FUND, Nikit & Eleanora........................... 187
OUNAN ESTATE ENDOWMENT FUND, Louise............................. 395,665
OUNJIAN MEMORIAL FUND, Noury & Lydia..................................... 1,579
OUSDIGIAN ENDOWMENT FUND, Mr. & Mrs. Oksent.......................... 935
OUYOUMJIAN ENDOWMENT FUND, Krikor & Emelia.................... 84,793
OUZOUNIAN ENDOWMENT FUND, Mr. & Mrs. Mike..................... 260,601
OVHANESIAN ENDOWMENT FUND, Vartan........................................ 420
OZSAN ENDOWMENT FUND, Takvor................................................... 406
PABOOJIAN MEMORIAL FUND, John & Alice H................................ 4,281
PAKCHOIAN ENDOWMENT FUND, Mr. & Mrs. John D............... 1,492,359
PALOIAN ENDOWMENT FUND, Helen.............................................. 2,909
PALOUTZIAN MEMORIAL FUND, Jack V........................................... 2,229
PAMBAKIAN MEMORIAL FUND, Hagop............................................ 2,342
PAMBAKIAN MEMORIAL FUND, Madeleine...................................... 3,865
PAMPEYAN ENDOWMENT FUND, Mr. & Mrs. William H.................... 5,743
PANNOSIAN ENDOWMENT FUND, Jack.......................................... 4,615
PANOSSIAN ENDOWMENT FUND, Satenig & Onnig........................ 6,289
PAPAJIAN ENDOWMENT FUND, Hanna.............................................. 482
PAPAZIAN ENDOWMENT FUND, Dr. Dennis...................................... 5,062
PAPAZIAN ENDOWMENT FUND, Haig G.......................................... 2,765
PARAGHAMIAN ENDOWMENT FUND, Berg & Mary...................... 12,107
PARAGHAMIAN ENDOWMENT FUND, Zarman................................ 3,790
39
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
PARECHANIAN ENDOWMENT FUND, D. & M.................................. 1,881
PAREGIAN MEMORIAL FUND, George............................................. 2,795
PARENTZ ENDOWMENT FUND, Mr. J.................................................. 420
PARMAKS ENDOWMENT FUND, Peter (Puzant)............................ 22,150
PARMAKS ENDOWMENT FUND, William............................................. 693
PARSEGHIAN ENDOWMENT FUND, Richard................................... 4,301
PARSEKIAN ENDOWMENT FUND, Lucy & Ned J........................... 44,871
PARSEKIAN ENDOWMENT FUND, Sampson & Satineg.................. 9,028
PARTIN MEMORIAL FUND, Terry Glenn............................................ 8,549
PASDERMAJIAN ENDOWMENT FUND, Yervant.................................. 342
PAULSON ENDOWMENT FUND, Paul & Laura............................... 51,050
PAYNE MEMORIAL FUND, Elizabeth Caraman............................... 19,199
PEKMEZIAN ENDOWMENT FUND, H............................................. 12,105
PEREZ ENDOWMENT FUND, Antonio & Carol Bezirgani................ 12,014
PETERS ENDOWMENT FUND, Edward............................................... 342
PETERS ENDOWMENT FUND, Mr. & Mrs. Leon S.......................... 17,099
PHILIBOSIAN ENDOWMENT FUND, Fred......................................... 6,190
PHILIBOSIAN ENDOWMENT FUND, Mr. & Mrs. Harold........................ 641
PHILIBOSIAN ENDOWMENT FUND, John & Eugenie..................... 14,980
PHILIBOSIAN MEMORIAL ENDOWMENT FUND, Ruth.................. 39,470
PHILIPIAN ENDOWMENT FUND, Garabed & Myrani...................... 42,536
PHILLIAN ENDOWMENT FUND, Alex M. & Victoria........................ 15,030
PHILLIPS ENDOWMENT FUND, Mr. & Mrs. Gary & Arsine................ 4,813
PHILLIPS ENDOWMENT FUND, George & Suzie........................... 10,610
PILAVDJIAN ENDOWMENT FUND, Arslan & Akabi........................... 1,773
PILIBOS MEMORIAL FUND, Alex..................................................... 20,976
PIRANIAN ENDOWMENT FUND, Armen........................................... 1,904
PIRANIAN ENDOWMENT FUND, Simon & Louise........................ 103,162
PISA ENDOWMENT FUND, Mr. & Mrs. Michael.................................. 1,710
POLADIAN ENDOWMENT FUND, Araxie.......................................... 3,175
POLADIAN ENDOWMENT FUND, Mr. & Mrs. Baruyr A...................... 1,368
POLADIAN ENDOWMENT FUND, Dikran............................................. 613
POLADIAN ENDOWMENT FUND, Zabel..........................................11,298
POLADIAN MEMORIAL END. FUND, Apraham & Zarouhie................ 1,791
POLADIAN MEMORIAL ENDOWMENT FUND, Sam.......................... 1,070
POLOSHIAN MEMORIAL FUND, Narthooe Nahigian................. 1,572,550
PROOD ENDOWMENT FUND, Mareza............................................. 3,517
PROODIAN ENDOWMENT FUND, Stella & Mary.............................. 4,496
PUSKULJIAN MEMORIAL FUND, Vartouhie...................................... 4,052
RAINEY ENDOWMENT FUND, Henry & Helen.............................. 308,709
RAINEY ENDOWMENT FUND, Mr. & Mrs. James H........................... 4,291
RAPOPORT ENDOWMENT FUND, Mr. & Mrs. James........................ 1,661
REJEBIAN ENDOWMENT FUND, Mr. & Mrs. Vahram...................... 17,168
REJEBIAN ENDOWMENT FUND, Vesta............................................ 2,805
REJEBIAN MEMORIAL FUND, Nazareth & Rosa.............................. 4,916
REMINGTON MEMORIAL FUND, James Kevin................................. 1,210
RENJILIAN ENDOWMENT FUND, Rev. & Mrs. Mihran..................... 43,649
ROBERTS ENDOWMENT FUND, Elizabeth B................................... 3,323
ROBINSON MEMORIAL FUND, Dorothy A...................................... 32,201
ROUBIAN ENDOWMENT FUND, Dr. & Mrs. Vahe S......................... 36,690
RUBYAN ENDOWMENT FUND, Rev. & Mrs. P................................. 14,223
RUSTIGIAN ENDOWMENT FUND, Mr. & Mrs. Kay D............................ 342
RUZIAN & FAMILY FUND, Rev. H........................................................ 9,858
SAATJIAN MEMORIAL FUND, Haiganoush....................................... 2,790
SADAKIAN MEM’L FUND, Rev. & Mrs. Assadour & Angele................ 6,585
SAFARJIAN ENDOWMENT FUND, David.......................................... 3,970
SAGATELIAN ENDOWMENT FUND, Barkev K.................................. 2,243
SAHAKIAN MEMORIAL FUND, Joseph & Lucille........................... 314,630
SAKLEM ENDOWMENT FUND, Rebecca R...................................... 5,939
SALAKIAN MEMORIAL FUND, Luther................................................ 1,614
SALIBIAN ENDOWMENT FUND, Mr. & Mrs. Hrag.......................... 120,256
SALIBIAN ENDOWMENT FUND, Mr. & Mrs. Kourken & Ara............. 21,860
SALIBIAN END. FUND, Souren, Alex, Haig & Nora.......................... 13,144
SALIBIAN ENDOWMENT FUND, Rev. & Mrs. Vahram...................... 29,184
SALIBIAN MEMORIAL FUND, Henri................................................... 1,163
SALVERIAN ENDOWMENT FUND, Leon & Arshalouyse................118,748
SAMERJIAN ENDOWMENT FUND, Benjamin................................. 50,851
SAMUELIAN ENDOWMENT FUND, K.................................................. 918
SAMUELIAN ENDOWMENT FUND, Mr. & Mrs. Karl.............................. 342
SANOSSIAN ENDOWMENT FUND, Florence & Joseph.................. 31,827
SANTURIAN ENDOWMENT FUND, Nubar & Dorothy....................... 2,312
40
Name of Fund Value
SAPRICHIAN ENDOWMENT FUND, Altoon & Sara....................... 227,079
SARAJIAN MEMORIAL FUND, Mesrop & Mary............................. 631,318
SARAYDARIAN ENDOWMENT FUND, Richard & Martha.................... 187
SARIAN ENDOWMENT FUND, Mr. & Mrs. Hratch.............................. 1,329
SARIAN ENDOWMENT FUND, Dr. & Mrs. Leon.................................... 998
SARIAN FOUNDATION ENDOWMENT FUND.................................. 46,548
SARIAN MEMORIAL FUND, Rev. Khatchik......................................... 1,021
SARJANIAN ENDOWMENT FUND, Mr. & Mrs. Arshag....................... 4,429
SARKISIAN (HOVANESIAN) ENDOWMENT FUND, Altoon............. 15,778
SARKISIAN ENDOWMENT FUND, Beulah E........................................ 342
SARKISIAN ENDOWMENT FUND, Charles....................................... 8,915
SARKISIAN ENDOWMENT FUND, Dickran M. & Flora G.............. 322,598
SARKISIAN ENDOWMENT FUND, Dr. & Mrs. Krikor.......................... 4,196
SARKISIAN ENDOWMENT FUND, Richard & Sylvia....................... 31,766
SARKISIAN MEMORIAL FUND, Edward G...................................... 33,855
SARKISIAN MEMORIAL FUND, Mr. Vartan......................................... 2,571
SARKISSIAN END. FUND, Hagop & Helene Hasmig......................... 1,101
SARKISSIAN END. FUND, Rev. Robert & Therese............................. 5,395
SARKISSIAN MEMORIAL END. FUND, Hovhannes & Haigouhi...... 10,802
SARKOSHIAN ENDOWMENT FUND, Araxie................................... 40,346
SARYAN ENDOWMENT FUND, Mr. & Mrs. Makar.............................. 3,323
SEELY MEMORIAL FUND, Bob I. & Isabelle.................................... 16,396
SEMERJIAN ENDOWMENT FUND, Alice & Marjorie....................... 35,224
SENEKJIAN ENDOWMENT FUND, Arshag & Meroum.................... 20,090
SERIJANIAN ENDOWMENT FUND, Dicran & Armine..................... 82,663
SERRAJIAN MEMORIAL FUND, Hovhannes & Haiganoush.............. 2,056
SEYMOUR ENDOWMENT FUND, Mr. & Mrs. Michael........................... 643
SHACHIAN MEMORIAL FUND, Ann & Lee........................................ 6,052
SHAFFER ENDOWMENT FUND, Mr. & Mrs. R. F.................................. 342
SHAHINIAN ENDOWMENT FUND, Mr. & Mrs. Andrew....................... 1,710
SHAHINIAN ENDOWMENT FUND, Dr. S............................................ 2,141
SHAHINIAN ENDOWMENT FUND, Mr. & Mrs. S................................ 1,395
SHAHINIAN MEMORIAL FUND, Harry.................................................. 598
SHAKARIAN ENDOWMENT FUND, David B................................. 393,274
SHAKARIAN ENDOWMENT FUND, Zabel............................................ 342
SHAKARIAN MEMORIAL FUND, Tzolak Henry................................. 8,514
SHAMASSIAN MEMORIAL FUND, Manishag.................................... 1,017
SHAMLIAN ENDOWMENT FUND, George........................................... 797
SHAMLIAN ENDOWMENT FUND, Dr. Martin...................................... 3,434
SHAMLIAN MEMORIAL FUND, Arpie & Toros.................................... 7,859
SHAMLIAN MEMORIAL FUND, James Puzant................................ 10,260
SHANOIAN ENDOWMENT FUND, Mr. & Mrs. Peter........................... 2,394
SHARABJIAN MEMORIAL FUND, Haiganoosh & John..................... 7,010
SHARIAN ENDOWMENT FUND, Bedros M. & Vartouhi..................... 3,659
SHEETS MEMORIAL FUND, Thomas Paul........................................ 1,813
SHEGOIAN ENDOWMENT FUND, Ardson & Gladys......................... 1,782
SHERENE ENDOWMENT FUND, Berjouhi K................................... 13,708
SHIPLEY MEMORIAL FUND, Alice M................................................. 4,321
SHIRAJIAN LIBRARY FUND, Dr. & Mrs. Eliazar A.............................11,770
SHIRAJIAN MEMORIAL FUND, Dr. Emman........................................ 1,329
SHIRINIAN ENDOWMENT FUND, Apisoghom................................... 4,196
SHISHMANIAN MEMORIAL FUND, Alice (Galipse)........................... 2,126
SHMAVONIAN ENDOWMENT FUND, Rose N...................................... 342
SHNORHOKIAN ENDOWMENT FUND, Rev. Manasseh.................. 52,659
SHNORHOKIAN MEMORIAL FUND, Hovhannes & Victoria............... 2,936
SHUSHAN ENDOWMENT FUND, Karekin............................................. 666
SIMONIAN ENDOWMENT FUND, Mrs. John......................................... 420
SIMONIAN ENDOWMENT FUND, Richard........................................ 2,332
SIMOURIAN/BAGDASARIAN END. FUND, John & Michele............ 53,994
SIMPADIAN EDUCATIONAL FUND, Diran........................................11,172
SIRABONIAN ENDOWMENT FUND, Joseph & Victoria.................... 4,196
SIRAGANIAN MEMORIAL FUND, Mihran & Arshagouhi.................. 31,913
SKAGGS SCHOLARSHIP FUND, Seeran & Hazel Ghazarian........ 159,181
SOGHOMONIAN END. FUND, Mr. & Mrs. Hovhannes........................ 1,384
SOGHOMONIAN ENDOWMENT FUND, Samuel............................... 1,049
SOGHOMONIAN MEMORIAL FUND, Avedis................................... 38,401
SOGOMIAN ENDOWMENT FUND, Rev. & Mrs. Jirair........................ 8,262
SOLAKIAN ENDOWMENT FUND, Dr. & Mrs. Haig............................. 4,291
SOUKESIAN FAMILY ENDOWMENT FUND..................................... 28,400
SOURENIAN MEMORIAL FUND, Lucy........................................... 204,750
STAMBOULIAN ENDOWMENT FUND, Rev. Garabed........................ 2,781
GENERAL ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
STEDMAN MEMORIAL FUND, Phyllis Corrine................................... 2,368
STEIN JR. ENDOWMENT FUND, Mr. & Mrs. Joseph.......................... 5,580
STEIN MEMORIAL FUND, Rev. Joseph.............................................. 4,919
STEPANIAN ENDOWMENT FUND, Avedis........................................... 423
STEPANIAN ENDOWMENT FUND, Ira & Jacquelynne......................... 840
STEPHANIAN MEMORIAL FUND, Margaret.................................... 18,694
STEPHEY ENDOWMENT FUND, Mr. & Mrs. Harry Jr......................... 3,420
SULAHIAN ENDOWMENT FUND, Rev. & Mrs. S. K..........................11,348
SULAHIAN MEMORIAL FUND, Rachel................................................. 280
SUNUKJIAN ENDOWMENT FUND, Alice.............................................. 342
SUNUKJIAN ENDOWMENT FUND, Manoug........................................ 342
SUNUKJIAN ENDOWMENT FUND, Movses......................................... 420
SURABIAN ENDOWMENT FUND, Varter M..................................... 14,068
SURGEON MEMORIAL FUND, Adelaide........................................... 1,880
SWAJIAN ENDOWMENT FUND, L........................................................ 420
TABIBIAN ENDOWMENT FUND, Arshag........................................... 4,699
TABIBIAN ENDOWMENT FUND, Dr. Dicran....................................... 1,062
TABIBIAN ENDOWMENT FUND, Ovsanna........................................ 1,573
TAFJEN ENDOWMENT FUND, Dr. Paul........................................... 23,540
TALANIAN ENDOWMENT FUND, Paul & Beverly............................ 31,080
TAMZARIAN ENDOWMENT FUND, Mr. & Mrs. Kay......................... 21,596
TARAKTZIAN END. FUND, Mr. & Mrs. Carlos & Nancy.....................11,225
TARTARIAN ENDOWMENT FUND, John.............................................. 503
TARZIAN & SEMERJIAN FAMILY ENDOWMENT FUND.................... 5,351
TASHJIAN ENDOWMENT FUND, Berge............................................ 1,026
TASHJIAN ENDOWMENT FUND, Grace.......................................... 26,583
TASHJIAN ENDOWMENT FUND, Mr. & Mrs. Hurant.......................... 1,026
TASHJIAN ENDOWMENT FUND, Tourvanda........................................ 420
TASHJIAN ENDOWMENT FUND, Vartan & Lydia.............................. 5,720
TASHJIAN MEMORIAL FUND, Garabed & Zarouhi.......................... 26,761
TATARIAN ENDOWMENT FUND, Vahan........................................... 1,904
TATARIAN MEMORIAL FUND, Zephyr............................................... 2,741
TAVITIAN BAGDIKIAN ENDOWMENT FUND, Santookht.................. 1,870
TELFEYAN MEMORIAL FUND, Robert.............................................. 2,841
TELLALIAN ENDOWMENT FUND, Rebecca........................................ 734
TELLALIAN MEMORIAL FUND, Ezras & Nellie................................ 41,949
TERJANIAN ENDOWMENT FUND, Antaram..................................... 2,936
TERKANIAN ENDOWMENT FUND, Mr. & Mrs. Harry............................ 665
TERZIAN ENDOWMENT FUND, Hranoush Poladian......................... 2,898
TERZIAN ENDOWMENT FUND, John.................................................. 342
TESHKOYAN ENDOWMENT FUND, Nevirag.................................... 2,098
TEZEKJIAN MEMORIAL FUND, Edward A. & May I........................ 19,197
TEZEL ENDOWMENT FUND, Dr. & Mrs. Jirayr...................................... 807
THOMPSON ENDOWMENT FUND, Mr. & Mrs. Misak...................... 12,473
TILKIAN MEMORIAL FUND, Sarko.................................................. 27,563
TILKIAN SCHOLARSHIP FUND, Rev. Garabed & Nevart................. 55,279
TIMOURIAN ENDOWMENT FUND, Setrak........................................... 503
TOKATLIAN FAMILY ENDOWMENT FUND.................................... 108,408
TOKMAJIAN ENDOWMENT FUND, Mr. & Mrs. John............................. 342
TOMASSIAN MEMORIAL EDUCATIONAL FUND, Massak.................. 649
TOOMAYAN MEMORIAL FUND, Dirouhi, Dickran & Meline.............. 10,030
TOOTIKIAN EDUCATIONAL FUND, Juliette...................................... 7,339
TOOTIKIAN ENDOWMENT FUND, Rosette....................................... 1,383
TOOTIKIAN ENDOWMENT FUND, Rev. Dr. Vahan............................ 8,890
TOOTIKIAN MEMORIAL FUND, Keghanoush...................................11,384
TOPALIAN & FAMILY END. FUND, Mr. & Mrs. Jirair......................... 26,375
TOPALIAN ENDOWMENT FUND, Assadour......................................... 432
TOPALIAN ENDOWMENT FUND, Paul & Naomi............................... 3,989
TOPALIAN ENDOWMENT FUND, S...................................................... 673
TOPALIAN MEMORIAL FUND, Assadour.............................................. 393
TOPALIAN MEMORIAL FUND, Elizabeth........................................... 2,260
TOPOUZIAN ENDOWMENT FUND, Hrant J.................................... 14,252
TORIGIAN END. FUND, Mr. & Mrs. Andrew & Rose......................... 83,944
TORO MEMORIAL FUND, Rev. Youhanna.......................................... 2,159
TOROSIAN MEMORIAL FUND, Viola................................................. 1,870
TOROUNIAN ENDOWMENT FUND, Mr. & Mrs. Anton....................... 5,295
TOSTZIAN ENDOWMENT FUND, Mr. & Mrs. Parilour........................... 665
TOURADIAN MEMORIAL FUND, Haiganoush...................................... 166
TOURIAN ENDOWMENT FUND, Mr. & Mrs. Levon H..................... 144,542
TOVMASSIAN SCHOLARSHIP FUND, Rev. Edward & Arousiag..... 57,238
Name of Fund Value
TOZJIAN MEMORIAL FUND, Rena M.............................................. 16,636
TROTT MEMORIAL FUND, Arthur & Zarouhi..................................... 7,062
TUFENKJIAN ENDOWMENT FUND, Haig............................................ 167
TURADIAN ENDOWMENT FUND, Haigazoun...................................... 431
TURMANIAN ENDOWMENT FUND, Armenie.................................... 1,893
TUTELIAN ENDOWMENT FUND, Mr. & Mrs. Edward......................... 1,904
TUTUNJIAN ENDOWMENT FUND, .................................................. 1,196
ULIGIAN ENDOWMENT FUND, Mr. & Mrs. Charles......................... 93,771
VART ENDOWMENT FUND, Raymond................................................. 420
VART ENDOWMENT FUND, Richard................................................. 8,390
VART MEMORIAL FUND, Aharon S. & Nooritza............................... 33,036
VARTABEDIAN ENDOWMENT FUND, Dr. ....................................... 16,738
VARTABEDIAN ENDOWMENT FUND, Mr. & Mrs. Armenag & Mariam........ 64,320
VARTABEDIAN ENDOWMENT FUND, Mr. & Mrs. Manuel..................... 374
VARTABEDIAN ENDOWMENT FUND, Mr. & Mrs. Steven..................... 645
VARTANANTZ & MARTYRS MEM’L END FUND, ......................... 516,341
VARTANIAN ENDOWMENT FUND, Rev. .............................................. 630
VARTANIAN ENDOWMENT FUND, Mr. & Mrs. John............................. 342
VARTANIAN ENDOWMENT FUND, Kate A....................................... 12,295
VARTANIAN END. FUND, Michael M. & Lily Aghavni........................ 45,516
VARTANIAN ENDOWMENT FUND, Varoujan & Family.................... 31,189
VARTANIAN MEMORIAL FUND, Gladys............................................. 7,640
VARTANIAN MEMORIAL FUND, Mr. & Mrs. John............................. 18,076
VARTIAN ENDOWMENT FUND, V. Michael....................................... 4,189
VASOYAN MELKONIAN MEMORIAL FUND, Marie............................8,112
VEZIRIAN MEMORIAL FUND, Mark & Peter......................................... 603
VOSKIAN ENDOWMENT FUND, Dr. & Mrs. Henry B............................. 684
VOSKIAN ENDOWMENT FUND, Dr. & Mrs. John & Marilyn........... 155,740
WALKER ENDOWMENT FUND, Russell............................................ 8,584
WARD ENDOWMENT FUND, Mr. & Mrs. Gene...................................... 333
WHEELER MEMORIAL FUND, Olive H.............................................. 2,083
WRITER ENDOWMENT FUND, John & Sarah................................... 8,100
YACOUBIAN ENDOWMENT FUND, Mrs. N........................................... 428
YACOUBIAN MEMORIAL FUND, Avedis............................................ 6,293
YAGHSIZIAN MEMORIAL FUND, Hagop & Ephronia...................... 18,643
YARALIAN MEMORIAL FUND, Ferida................................................ 7,293
YARDEMIAN ENDOWMENT FUND, Marguerite................................ 3,155
YAZEJIAN ENDOWMENT FUND, Ann............................................... 2,450
YAZEJIAN MEMORIAL FUND, Artin................................................. 18,348
YEDIKIAN ENDOWMENT FUND, . ....................................................... 630
YERAMIAN ENDOWMENT FUND, Antranig.......................................... 902
YERAMIAN END. FUND, Rev. Arsham K. & Maritza........................... 3,795
YERAMIAN MEMORIAL FUND, Arax & Aram................................. 856,433
YERANIAN ENDOWMENT FUND, Araxie........................................ 34,416
YERANIAN ENDOWMENT FUND, Arthur S. & Rebecca....................... 665
YERANIAN ENDOWMENT FUND, Rev. & Mrs. Vartan..................... 17,149
YERANIAN FAMILY FUND, Misses .................................................... 3,487
YERETSIAN ENDOWMENT FUND, Dr. & Mrs. Ara........................... 13,415
YERETSIAN ENDOWMENT FUND, Mr. & Mrs. John B....................... 1,026
YERVANIAN ENDOWMENT FUND, Mr. & Mrs. Vahe.......................... 3,882
YESAYIAN END. FUND, Dr. Harry & Merin (Norian)......................... 41,949
YESSAYAN ENDOWMENT FUND, Leon & Haiganoush.................... 6,369
YESSAYAN MEMORIAL FUND, Victoria R......................................... 1,323
YETERIAN ENDOWMENT FUND, Veronica M................................... 3,155
YORGANJIAN ENDOWMENT FUND, Mrs. M........................................ 840
YOSEPH ENDOWMENT FUND, June Z. Jorjorian............................. 3,517
YOUMOUSHAKIAN MEM’L FUND, Avedis & Ovsanna.................... 43,003
YOUNG ENDOWMENT FUND, Shakeh Dildabanian....................... 60,230
YOUTH CRUSADE 60 TH ANNIVERSARY FUND ........................... 42,300
YUZUK ENDOWMENT FUND, Nouritza................................................ 479
ZAKARIAN ENDOWMENT FUND, Mr. & Mrs. Asbed B.......................... 684
ZAKIAN ENDOWMENT FUND, Mr. & Mrs. Aram.................................... 856
ZANOYAN MEMORIAL FUND, Papken & Marie............................... 36,197
ZARIFIAN ENDOWMENT FUND, Charles.......................................... 4,291
ZARIFIAN ENDOWMENT FUND, Rev. & Mrs. John A......................... 2,373
ZARTARIAN ENDOWMENT FUND, General Sarkis............................... 420
ZERON ENDOWMENT FUND, Bydzar........................................... 172,014
ZEROUNIAN ENDOWMENT FUND, Jerry K. & Rose........................ 6,385
ZEROUNIAN MEMORIAL FUND, Peruz............................................. 5,036
ZOOLALIAN MEMORIAL FUND, Charles........................................... 1,156
41
ARMENIA RELIEF ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
AHARONIAN ENDOWMENT FUND, Hrair & Julia.............................. 2,862
AIVAZIAN ENDOWMENT FUND, Dr. Garo & Emma......................... 14,121
AJEMIAN ENDOWMENT FUND, Edward......................................... 12,403
ANDONIAN ENDOWMENT FUND, Mihran....................................... 71,302
ANONYMOUS B ENDOWMENT FUND........................................... 138,053
ARAKELIAN MEMORIAL FUND, Rosa............................................... 1,179
ATIKIAN ENDOWMENT FUND, Dr. & Mrs. Hrair.................................... 363
AYRAPETYAN ENDOWMENT FUND, Asya....................................... 2,361
BABIKIAN ENDOWMENT FUND, Souren.......................................... 1,172
BAGHDIKIAN ENDOWMENT FUND, Vatche & Elbiz......................... 1,242
BALABANIAN ENDOWMENT FUND, Armen & Alice............................. 744
BALDADIAN MEMORIAL FUND, Dorothy.......................................... 6,208
BALIAN MEMORIAL FUND, Bali Kevork & Veronica........................ 27,283
BALIAN MEMORIAL FUND, Dikran & Azniv....................................... 5,626
BALUKJIAN ENDOWMENT FUND, Harry.......................................... 3,264
BARSOIAN MEMORIAL FUND, Leo................................................... 3,900
BEDIKIAN FAMILY ENDOWMENT FUND, Arsen............................... 4,906
BEDROS MEMORIAL FUND, Edward P............................................. 1,406
BEDROSIAN ENDOWMENT FUND, Elizabeth................................. 18,857
BEDROSIAN MANASSYAN END. FUND............................................ 1,095
BILEZIKIAN MEMORIAL FUND, Jennie................................................ 564
BOUENIKARA MEMORIAL FUND, Ohannes........................................ 151
CHAKMAKIAN MEMORIAL FUND, Louise......................................... 2,253
CHERKEZIAN MEMORIAL FUND, Homosie Helen............................... 870
COMPATRIOTIC UNION OF HABOUSI, . .......................................... 4,552
DAVIDIAN ENDOWMENT FUND, Mariam............................................. 756
DAVIDIAN ENDOWMENT FUND, Sarkis & Esther............................. 1,512
DAVIDIAN MEMORIAL FUND, Sonia................................................. 1,730
DER KRIKORIAN MEMORIAL FUND, Annie...................................... 4,991
DISHMAN ENDOWMENT FUND, Aida Sagan.................................... 5,128
DONCHIAN, HAJEIAN & CHIRKINIAN FUND, ................................ 15,060
DONNIAN MEMORIAL FUND, Mack................................................ 16,474
DUNKAN ENDOWMENT FUND, Lucy T........................................... 10,308
ESSEPIAN ENDOWMENT FUND , Dr. & Mrs. John P......................... 6,621
FELIKIAN MEMORIAL FUND, Tamara.................................................. 378
GOPOIAN ENDOWMENT FUND, Haroutune & Mariam..................... 3,840
GUZELIAN MEMORIAL FUND, Viken................................................ 8,335
HAGOPIAN ENDOWMENT FUND, Mr. & Mrs. Isaac & Lena.............. 4,083
HAIG (HAGOPIAN) ENDOWMENT FUND,
Grace, Victoria, Mary Gillingham & Viginia Anoush.................. 12,756
HAIG (HAGOPIAN) ENDOWMENT FUND, Yevnige & Diran.................. 890
HAITAYAN ENDOWMENT FUND, Garo & Elizabeth.......................... 1,982
HASSESSIAN MEMORIAL FUND, Rev. Herald & Siranoush.............. 6,513
ISKENDERIAN MEM’L FUND, Dr. Haig, Nevart & Yerchanik.......... 124,261
ISKIKIAN MEMORIAL FUND, Rhoda Habib..................................... 10,380
JEMELIAN ORPHAN&CHILD CARE FUND, Harry......................... 271,127
JENANYAN END. FUND, William, Rev. Melkon & Semma............... 29,031
JUNDANIAN MEMORIAL FUND, Dr. Diane......................................... 6,800
KALAYJIAN FAMILY FUND..................................................................... 352
KASPARIAN SCHOLARSHIP FUND #4, Alice Odian....................... 44,566
KAYE ENDOWMENT FUND, Mr. & Mrs. Vincent................................. 4,682
Name of Fund KAZANJIAN TRUST FUND, Hrand & Aghavni.................................... 9,940
KELEDJIAN MEMORIAL FUND, Shant.............................................. 3,798
KENOSIAN END. FUND, Mr. & Mrs. Joseph & Sylvia......................... 2,097
KENOSIAN ENDOWMENT FUND, Sarkis & Esther........................... 1,512
KENOSIAN MEMORIAL FUND, Grace............................................... 1,122
KEUHNELIAN ARMENIA RELIEF FUND, Mr. Peter Charles................2,911
KHATCHADURIAN MEM’L FUND, Mrs. Pailak & Nevart..................... 1,664
KOEROGHLIAN ARMENIAN FUND, Rev. Mihran............................... 1,198
MANGERIAN MEMORIAL FUND, Hagop & Takouhy....................... 16,143
MANOOGIAN SMITH MEMORIAL FUND , Nevart............................. 1,285
MARDEROSIAN MEMORIAL FUND, John Paul................................. 1,637
MASEREJIAN ENDOWMENT FUND, Zareh & Hasmig...................... 3,969
MASEREJIAN MEMORIAL FUND , Siranoush...................................... 821
MAYBALIAN ENDOWMENT FUND, Makarditch & Zevart.................. 5,392
MAYBALIAN MEMORIAL FUND, Dikran & Fahima............................ 1,350
MELIDONIAN ENDOWMENT FUND, Bedros & Marie....................... 4,427
MELKONYAN ENDOWMENT FUND, Tigran........................................... 74
MINASIAN ENDOWMENT FUND, Vartuhi........................................ 12,023
MOUSAIAN MEMORIAL FUND, Dickran & Maritza............................ 3,092
MUNCHERIAN MEMORIAL FUND, Emanuel & Hagop......................... 899
NAJARIAN MEMORIAL FUND, Krikor K............................................. 1,433
NALBANDIAN ENDOWMENT FUND , Garbis & Ayko........................ 2,568
NALBANDIAN MEM’L FUND, Mr. & Mrs. Hagop & Anais.................... 2,076
NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Henry P....................... 9,335
NERCESSIAN MEMORIAL FUND, Hermine......................................... 628
NOFAL MEMORIAL FUND, Rose.......................................................... 819
OGANESSIAN ENDOWMENT FUND, Hike & Alice............................... 669
ONANIAN END. FUND , Dr. & Mrs. Edward & Zvart.......................... 14,357
PARSEGHIAN MEMORIAL FUND, George........................................ 1,489
PRIDJIAN MEMORIAL FUND, Karekin & Pauline............................. 15,725
SALIBIAN MEMORIAL FUND, Eliz......................................................... 519
SARAFIAN MEMORIAL FUND, Sylvia............................................... 61,422
SARKISIAN BROTHERS FOUNDATION........................................... 25,760
SARKISIAN ENDOWMENT FUND, Evelyn & Deli Sarkis.................... 2,616
SARKISIAN MEMORIAL FUND, Levon............................................... 1,406
SEGEL ENDOWMENT FUND, Mr. & Mrs. David A............................ 43,928
SERMABEIKIAN MEMORIAL FUND, Veronica.................................. 1,991
SEVOYAN MEMORIAL FUND, Charles.......................................... 203,062
SHACHIAN REARDON MEMORIAL FUND, Karen........................ 153,625
SHARAFIAN MEMORIAL FUND, Ronald.............................................. 274
SHIRVANIAN AYKANIAN MEM’L FUND, Angel.................................. 6,284
SHOOSHANIAN END. FUND, Mr. & Mrs. Edward & Lucy................. 61,410
SOORIKIAN MEMORIAL FUND............................................................. 299
SUVAJIAN MEMORIAL FUND, Charles............................................. 20,030
TAVITIAN MEMORIAL FUND, Lucy........................................................ 575
TOULOUKIAN END. FUND, Mr. & Mrs. Zaven & Rachel................... 42,051
TOURYAN MEMORIAL FUND, Rev. Vahram & Adelina..................... 27,308
TUFENKIAN MEMORIAL FUND, Richard.......................................... 63,331
TUTELIAN MEMORIAL FUND, Stephen.............................................. 2,450
VARTABEDIAN ENDOWMENT FUND, Diana & Nishan.................... 14,428
ZARTARIAN MEMORIAL FUND, Baghdassar & Hripsime................... 3,698
ZOBIAN ENDOWMENT FUND, Joseph & Grace.............................118,390
AMAA HEADQUARTERS ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
ACOPIAN ENDOWMENT FUND, Mr. & Mrs. Sarkis............................ 7,448
ALBERIAN ENDOWMENT FUND, Marie............................................. 1,490
BALUKJIAN ENDOWMENT FUND, Mr. Harry..................................... 4,470
BEZIRGANIAN ENDOWMENT FUND, George & Pauline.................. 7,448
BORANIAN ENDOWMENT FUND, Mr. & Mrs. John............................ 1,588
DARPINIAN ENDOWMENT FUND, Arouss......................................... 2,015
HEKEMIAN ENDOWMENT FUND, Robert & MJ............................. 186,620
HEKEMIAN ENDOWMENT FUND, Samuel & Sandy...................... 131,849
JANBAZIAN ENDOWMENT FUND, Movses & Louisa........................ 3,774
42
Value
Name of Fund Value
KALFAYAN ENDOWMENT FUND, Lawrence & Elise.......................... 2,854
KURKJIAN ENDOWMENT FUND, Louis & Grace............................... 7,936
OTHER ENDOWMENT FUNDS........................................................... 4,528
PHILIBOSIAN FOUNDATION FUND, Stephen................................ 293,642
SARIAN FOUNDATION FUND............................................................. 1,490
SHEGOIAN ENDOWMENT FUND, Ardson & Gladys.......................... 1,490
SIMOURIAN ENDOWMENT FUND, John & Michele......................... 15,871
TORIGIAN ENDOWMENT FUND, Andrew & Rose............................. 7,936
HAIGAZIAN UNIVERSITY ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
ABAJIAN ENDOWMENT FUND, Henry K. & Gladys.......................... 5,875
ABAJIAN ENDOWMENT FUND, Mr. & Mrs. George........................... 1,958
ABDULIAN ENDOWMENT FUND, Daniel H. & Juliette...................... 8,802
ABDULIAN ENDOWMENT FUND, H. Jack & Joyce........................... 2,350
ABRAHAMIAN ENDOWMENT FUND, Mrs. Arpen................................. 381
ADROUNY ENDOWMENT FUND, Dr. & Mrs. Zaven A....................... 3,699
AGBABIAN ENDOWMENT FUND, Dr. Mihran & Elizabeth................. 7,833
AGBABIAN ENDOWMENT FUND, Mr. & Mrs. Hrant........................... 3,772
AGBASHIAN ENDOWMENT FUND, Mr. & Mrs. Aggie G.................... 1,904
AGHAZARIAN ENDOWMENT FUND, Arsen......................................... 489
AHARONIAN ENDOWMENT FUND, Hrair & Julia............................ 45,603
AINTABLIAN ENDOWMENT FUND, Abraham...................................... 741
AJEMIAN ENDOWMENT FUND, Hripsime & Hovakim.................... 10,877
AJEMIAN ENDOWMENT FUND, Peter & Ann.................................... 3,808
AKIN ENDOWMENT FUND, Mr. & Mrs. Wayne M............................... 1,143
ALAJAJIAN ENDOWMENT FUND, Garabed H..................................... 370
ALBERIAN ENDOWMENT FUND, Edwin & Marie................................. 381
ALEXANIAN SCHOLARSHIP FUND, Ludwig........................................ 370
ALTOUNIAN ENDOWMENT FUND, Stepan.......................................... 370
ANTABLIAN ENDOWMENT FUND, Mr. & Mrs. Giragos......................... 741
APKARIAN ENDOWMENT FUND, Mr. & Mrs. Martin............................. 381
ARCHIBALD ENDOWMENT FUND, Mary L..................................... 10,291
ARIZONA WHOLESALE SUPPLY CO., ............................................. 4,896
ARMENIAN CONG’L CHURCH CHICAGO, . ......................................1,110
ARMENIAN CONG’L CHURCH DETROIT, Ladies Aid.......................... 924
ARMENIAN CONG’L CHURCH DETROIT, Sunday School................... 463
ARMENIAN MISSIONARY ASSOCIATION, Argentina........................ 2,656
ARMENIAN PRESBYTERIAN COMMUNITY, Washington DC............ 1,848
ARTINIAN ENDOWMENT FUND, Mr. & Mrs. Harold.............................. 370
ASADOURIAN ENDOWMENT FUND, Krikor........................................ 359
ASHJIAN ENDOWMENT FUND, Dr. & Mrs. Leon............................... 3,699
ATIMION ENDOWMENT FUND, Mr. & Mrs. Leo................................. 7,614
AVAKIAN ENDOWMENT FUND, Mr. & Mrs. Hemayak.......................11,423
AVEDIAN ENDOWMENT FUND, Bedros P............................................ 762
AVEDIKIAN ENDOWMENT FUND , Rev. Father Paren......................... 370
BABIKIAN EDUCATIONAL FUND, Prof. Souren & Alice..................... 7,071
BADEER ENDOWMENT FUND, Augustine & Vergine..................... 41,884
BAHUTH ENDOWMENT FUND, Dr. J. J.............................................. 1,848
BAKAMJIAN SCHOLARSHIP FUND, Santoukht & Yeghia............... 78,518
BAKMAZIAN ENDOWMENT FUND, Mr. & Mrs. Param....................... 1,522
BALIAN FAMILY ENDOWMENT FUND, ............................................ 2,299
BALUKJIAN ENDOWMENT FUND, Harry........................................ 16,137
BARSAMIAN ENDOWMENT FUND, Edward B................................ 20,733
BARSAMIAN ENDOWMENT FUND, Hagop K. & Virginia.................. 1,904
BARSOUMIAN ENDOWMENT FUND, Berjouhi.................................... 381
BARSUMIAN ENDOWMENT FUND, George Jr. & Helen..................64,211
BARSUMIAN TOWER LAKES FOUNDATION, George N................ 33,290
BASHIAN ENDOWMENT FUND, Mr. & Mrs. Edward.......................... 7,614
BASHIAN ENDOWMENT FUND, Mrs. George.................................... 1,848
BASMAJIAN ENDOWMENT FUND, Miss . ......................................... 7,859
BEDIGIAN ENDOWMENT FUND, George......................................... 3,847
BELIAN ENDOWMENT FUND, Aram Y.......................................... 192,186
BELIAN ENDOWMENT FUND, Dr. & Mrs. G....................................... 1,958
BERBERIAN ENDOWMENT FUND, Antranig..................................... 1,502
BERBERIAN ENDOWMENT FUND, Haig........................................ 92,468
BESHAR ENDOWMENT FUND, Edward H. & Isabelle...................... 1,334
BETAHIAN BROTHERS END. FUND, .................................................. 504
BEZIRGANIAN ENDOWMENT FUND, Dr. George & Mary................. 3,808
BEZJIAN ENDOWMENT FUND, Mr. & Mrs. Hagop........................... 14,795
BIZDIKIAN ENDOWMENT FUND, Nishan H.................................... 15,540
BOGHOSIAN ENDOWMENT FUND, Armenag..................................... 426
BOKARA RUG CO., John Solemani...................................................... 762
BORETTI ENDOWMENT FUND, Mr. & Mrs. Napoleon.......................... 741
BOSNIAN ENDOWMENT FUND, Luther.......................................... 13,708
BOSTANIAN ENDOWMENT FUND, Dikran........................................... 370
BOYADJIAN ENDOWMENT FUND, Mr. & Mrs. H. P............................... 723
BOYAJIAN ENDOWMENT FUND, Lillian............................................... 370
BOYAJIAN ENDOWMENT FUND, Dr. & Mrs. Jirair............................. 1,904
BROUSSALIAN ENDOWMENT FUND, Dr. & Mrs. Sarkis L................... 980
BUCK ENDOWMENT FUND - HU, Mr. & Mrs. C.................................... 848
Name of Fund Value
BUZZELL ENDOWMENT FUND, Mrs. Alexander................................... 741
CARR ENDOWMENT FUND, Robert W............................................. 1,848
CHAKMAKJIAN ENDOWMENT FUND, Anna........................................ 370
CHALABIAN ENDOWMENT FUND, Charles......................................... 359
CHALUKIAN ENDOWMENT FUND, Dr. Puzant..................................... 840
CHANGELIAN ENDOWMENT FUND, Mr. & Mrs. Charles..................... 626
CHAPIAN ENDOWMENT FUND, Dr. Mihran A....................................... 370
CHATALBASH RUG CO. INC., Thomas Chatalbash............................. 762
CHERKEZIAN END. FUND, Mr. & Mrs. Archie & William....................... 762
CONSTANTIAN MEMORIAL FUND, Avedis..................................... 30,100
DADEKIAN ENDOWMENT FUND, Mr. & Mrs. Zaven............................. 762
DADOURIAN ENDOWMENT FUND, Haroutun................................ 27,537
DAGHLIAN ENDOWMENT FUND, Nazar & Lucy............................... 3,590
DARAKJIAN SCHOLARSHIP FUND, Rev. Barkev & Armine............. 44,070
DARIAN ENDOWMENT FUND, Anita M................................................ 657
DARPINIAN ENDOWMENT FUND, Dr. Haig Robert........................... 6,620
DAVIS ENDOWMENT FUND, Mr. & Mrs. Hubert.................................... 370
DE CERVANTES ENDOWMENT FUND, Mr. & Mrs. George............... 3,699
DEMIRJIAN ENDOWMENT FUND, Mr. & Mrs. Harold A................... 68,538
DERAD ENDOWMENT FUND, Mother............................................... 7,853
DERDERIAN ENDOWMENT FUND, Takvor.......................................... 370
DERENTZ ENDOWMENT FUND, Hagop & Seda.............................. 3,916
DICKRANIAN ENDOWMENT FUND, Mr. & Mrs. Archie...................... 5,875
DILDILIAN ENDOWMENT FUND, Aram............................................. 1,028
DINGILIAN FAMILY FUND, ............................................................ 157,624
DIRAN ENDOWMENT FUND, Arsen & Varteni............................... 837,218
DIRAN SCHOLARSHIP AWARDS, Mary.......................................... 81,538
ERVANIAN ENDOWMENT FUND, Mr. & Mrs. Armen............................. 370
FESJIAN ENDOWMENT FUND, Suren & Virginia............................ 16,230
FIRST PRESBYTERIAN CH BERKELEY............................................ 1,522
FRIENDS OF ARMENIAN LITERATURE................................................ 359
GABRELLIAN & JESSOURIAN ASSOC.............................................. 1,848
GALBEDIAN MEMORIAL FUND, Sylvia........................................... 14,755
GARABEDIAN ENDOWMENT FUND, John....................................... 3,699
GARABEDIAN ENDOWMENT FUND, Joseph & Edward................... 7,886
GECHIJIAN ENDOWMENT FUND, Narthoohy....................................1,211
GERTMENIAN ENDOWMENT FUND, Betty......................................... 579
GERTMENIAN ENDOWMENT FUND, Henry & Eunice.................. 489,601
GERTMENIAN ENDOWMENT FUND, Seb........................................ 1,578
GREGORY ENDOWMENT FUND, Mr. & Mrs. Richard K....................... 370
GRIMSLEY ENDOWMENT FUND, Dr. & Mrs. Glen & Helen........... 145,841
GULBENKIAN FOUNDATION, INC., Gullabi.................................... 93,018
GULESSERIAN ENDOWMENT FUND, Levon & Shake..................... 6,658
GULESSERIAN ENDOWMENT FUND, Dr. & Mrs. Hrair..................... 7,397
GULESSERIAN ENDOWMENT FUND, Dr. Stepan............................11,097
GULUZIAN ENDOWMENT FUND, Dr. & Mrs. John................................ 370
GUONJIAN ENDOWMENT FUND, Dr. & Mrs. Hart................................ 370
GURLEKIAN ENDOWMENT FUND, Rev. & Mrs. Hagop................... 21,899
H.C. 25TH ANNIVERSARY FUND, ............................................. 1,675,341
H.U. ENDOWED CAPITAL FUND, ................................................... 91,032
HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry............................ 1,848
HAGOPIAN ENDOWMENT FUND, Mrs. John........................................ 370
HAGOPIAN MEMORIALS....................................................................... 450
HAIG ENDOWMENT FUND, Dr. P. Vahe & Alice................................. 2,056
HAIGAZIAN 50TH ANNIVERS. FUND............................................... 65,756
HAIGAZIAN UNIV. E.S.I. FUND....................................................... 163,036
HAJAKIAN ENDOWMENT FUND, Yegishe & Maro............................ 1,479
HAJINLIAN ENDOWMENT FUND, Karnig & Dikranouhi.................. 15,229
HALEBIAN ENDOWMENT FUND, Mr. & Mrs. Michael........................ 7,614
HALFORD ENDOWMENT FUND, Anne............................................. 4,188
HARABEDIAN ENDOWMENT FUND, Anna.......................................... 370
HARIKIAN SCHOLARSHIP FUND, Virginia.................................... 105,615
HASERJIAN ENDOWMENT FUND, Harold & Elizabeth..................... 7,833
HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Paul Y......................... 555
HATCH ENDOWMENT FUND, George................................................. 489
HINTLIAN ENDOWMENT FUND, Mrs. Sirvart..................................... 9,603
HOVANESSIAN ENDOWMENT FUND, Dr. & Mrs. R. A...................... 1,848
HOVNANIAN ENDOWMENT FUND, Dr. & Mrs. August...................... 1,848
HOVNANIAN ENDOWMENT FUND, Dr. H. Philip............................... 4,068
HUTCHESON ENDOWMENT FUND, Mr. & Mrs. Chester...................... 388
43
HAIGAZIAN UNIVERSITY ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
IPJIAN ENDOWMENT FUND, Mr. & Mrs. John C................................ 1,848
ISHKANIAN ENDOWMENT FUND, Hagop & Elvira........................... 3,330
ISKYAN ENDOWMENT FUND, Mr. & Mrs. John A. Jr............................ 381
J.M. SPECIAL STIPEND FUND, ...................................................... 14,684
JAMENTZ ENDOWMENT FUND, Dr. Samuel..................................... 1,479
JANJIGIAN ENDOWMENT FUND, Edward & Lucy............................ 1,686
JANJIGIAN ENDOWMENT FUND, Papken V..................................... 2,158
JANJIGIAN ENDOWMENT FUND, Mr. & Mrs. Avedis............................ 381
JANJIGIAN MEMORIAL SCHOL. FUND, S.B. & Louise................... 61,270
JAVIAN ENDOWMENT FUND, Mr. & Mrs. George.............................. 1,904
JINGOZIAN ENDOWMENT FUND, Mildred........................................... 381
JIVELEKIAN ENDOWMENT FUND, Mrs. Luis & Ramilda................. 99,869
JUSKALIAN ENDOWMENT FUND, Mardie........................................ 5,566
KABASAKALIAN ENDOWMENT FUND, Mr. & Mrs. Peter.................. 1,316
KACHADURIAN MEMORIAL FUND, Zumruth.................................. 13,754
KALEMKARIAN ENDOWMENT FUND, Mr. & Mrs. George V.............. 6,513
KALENIAN ENDOWMENT FUND, Armen K. & Mary D.................... 48,706
KAMBORIAN ENDOWMENT FUND, Mr. & Mrs. Jacob....................... 2,626
KAPIGIAN ENDOWMENT FUND, Mr. & Mrs. Arshag.......................... 3,808
KAPIKIAN ENDOWMENT FUND, Mr. & Mrs. Carl............................... 2,631
KAPRIELIAN ENDOWMENT FUND, Mr. & Mrs. Roy M.......................... 392
KARAGHEUSIAN ENDOWMENT FUND, A. & M............................... 1,958
KARAGHEUSIAN ENDOWMENT FUND, Miss Leila......................... 19,038
KARAGOZIAN ENDOWMENT FUND, Mr. & Mrs. Albert........................ 370
KARAKASHIAN ENDOWMENT FUND, Ephronia.................................. 741
KARAKOOSHSCHOLARSHIPFD FOR MUSIC, Sophie................... 13,645
KARAMANOUGIAN END. FUND, Vartanoush & Garabed.................. 3,332
KARIBIAN ENDOWMENT FUND, Mr. & Mrs. Leon................................ 381
KASHIAN MEMORIAL FUND, Tatios..................................................... 190
KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L............................ 370
KASSABIAN ENDOWMENT FUND, Dr. Mihran K............................. 70,100
KATCHADOURIAN ENDOWMENT FUND, Dr. & Mrs. Herant............. 3,808
KAVOUKSORIAN ENDOWMENT FUND, Sirvart................................... 370
KAYE ENDOWMENT FUND, Mr. & Mrs. Vincent.................................... 381
KAZANJIAN ENDOWMENT FUND, Mr. & Mrs. Jack H.......................... 381
KERBEYKIAN ENDOWMENT FUND, Mr. & Mrs. Edward...................... 762
KESHISHIAN ENDOWMENT FUND, Mr. & Mrs. G.............................. 5,815
KEUHNELIAN ENDOWMENT FUND, G. H...................................... 52,588
KEYISHIAN ENDOWMENT FUND, Robinson H.................................... 381
KEYISHIAN ENDOWMENT FUND, Mr. & Mrs. John H........................ 3,808
KHANJIAN ENDOWMENT FUND, Dr. & Mrs. John & Pauline........... 23,037
KIRIAN ENDOWMENT FUND, Mirjan & Rose....................................... 370
KISH ENDOWMENT FUND, Mr. & Mrs. Zaven A................................. 8,567
KLUDJIAN ENDOWMENT FUND, Sona................................................ 741
KONDAKJIAN ENDOWMENT FUND, Mr. & Mrs. Daniel..................... 1,848
KOOLAKIAN ENDOWMENT FUND, Robert....................................... 1,479
KRAJIAN MEMORIAL FUND, Joseph M............................................. 4,934
KULJIAN ENDOWMENT FUND, Edward............................................... 980
KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................. 370
KURKJIAN MEMORIAL FUND, Louis & Mary................................. 243,932
LEVONIAN MEMORIAL FUND, Victoria............................................. 7,397
LUCAS ENDOWMENT FUND, Mr. & Mrs. Zaven................................... 741
M.T.D. DEV. CO. ENDOWMENT FUND, . .......................................... 7,344
MACER ENDOWMENT FUND, Dr. & Mrs. George A.......................... 2,219
MALJANIAN ENDOWMENT FUND, Daniel E..................................... 2,393
MANIS ENDOWMENT FUND, Dr. & Mrs. Edward T............................... 370
MANJIKIAN ENDOWMENT FUND, Dr. P................................................ 370
MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Alex....................... 98,997
MANOUGIAN ENDOWMENT FUND, Dr. Karlous................................... 422
MARDEROSIAN ENDOWMENT FUND, Dikranouhi.............................. 684
MARDIAN ENDOWMENT FUND, Mr. & Mrs. Aram............................. 1,848
MARDIGUIAN ENDOWMENT FUND, Arpine........................................ 381
MARDIGUIAN ENDOWMENT FUND, Steven Y. & Armine.................... 476
MARDIROSSIAN ENDOWMENT FUND, Mardiros................................ 674
MARKARIAN ENDOWMENT FUND, Mr. & Mrs. Richard R................. 4,035
MARKARIAN SCHOLARSHIP FUND, Dr. John J.............................. 13,022
MARKARIAN SCHOLARSHIP FUND, Dr. John J............................ 103,666
MARKARIAN SCHOLARSHIP FUND, Hagop Gerrit Verkuyl............... 3,202
MATHSON ENDOWMENT FUND, Archie & Stella........................... 15,125
MATOSSIAN ENDOWMENT FUND, Alex & Helen................................ 370
44
Name of Fund Value
MATOSSIAN ENDOWMENT FUND, Dr. Nerses Y. & Ruth.................. 3,916
MATOSSIAN MEMORIAL FUND, Arthur......................................... 163,767
MECHIGIAN ENDOWMENT FUND, Dr. Aram........................................ 381
MEDZIAN ENDOWMENT FUND, Mr. & Mrs. Stanley S..................... 12,513
MEGHRIGIAN FAMILY FUND.............................................................. 1,904
MEHAGIAN FAMILY MEMORIAL FUND, A. S............................. 1,503,340
MEHAGIAN MEMORIAL FUND, Leon................................................ 8,704
MEKHJIAN ENDOWMENT FUND, Dr. & Mrs. Haroutune.................... 3,808
MELIKIAN ENDOWMENT FUND, Mr. & Mrs. Gregory J...................... 4,699
MEMORIAL FUNDS................................................................................ 354
MERDINIAN ENDOWMENT FUND, Miss Elise................................. 95,190
MERRILL LYNCH END. FUND, Smith Fenner Pierce............................. 958
MESROBIAN ENDOWMENT FUND, John M........................................ 816
MESSABIAN FUND, .......................................................................... 2,301
MICHAELIAN ENDOWMENT FUND, Donald & Carolyn.................... 8,238
MIHRAN MEMORIAL FUND, Hermine................................................... 370
MINASSIAN ENDOWMENT FUND, Rev. G. Diran & Lydia.................... 381
MISSAKIAN ENDOWMENT FUND, Dr. & Mrs. Michael.......................... 370
MOORADIAN ENDOWMENT FUND, Sarkis & Mary Paul................ 32,634
MOORADIAN ENDOWMENT FUND, Mr. & Mrs. Erwin.......................... 370
MOORADIAN ENDOWMENT FUND, Mr. & Mrs. M. Edward............... 2,533
MORANIAN ENDOWMENT FUND, Dr. & Mrs. Thomas...................... 3,808
MOROTT MEMORIAL FUND, Agnes.............................................. 185,324
MUGAR ENDOWMENT FUND, Stephen........................................ 150,146
MURADIAN ENDOWMENT FUND, Sam & Dora.............................. 31,825
NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Raymond..................... 3,503
NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Gary M............................ 381
NAJARIAN ENDOWMENT FUND, Mr. & Mrs. Vay.............................. 1,904
NALBANDIAN ENDOWMENT FUND, Mr. & Mrs. Khoren.....................1,110
NALBANDIAN FARMS INC., .............................................................. 7,397
NAZARIAN ENDOWMENT FUND, Paul................................................ 381
NAZARIAN ENDOWMENT FUND, Mr. & Mrs. Nazar.......................... 3,699
NISHAN ENDOWMENT FUND, Mr. & Mrs. Dagavarian.................. 413,378
OGLUKIAN MEMORIAL FUND, Levon............................................. 18,468
OHAN ENDOWMENT FUND, Ellen Markarian................................... 2,156
ORDJANIAN ENDOWMENT FUND, Nikit & Eleanora........................... 381
OTHER ENDOWMENT FUNDS....................................................... 504,282
OUZOUNIAN ENDOWMENT FUND, Noemi.......................................... 762
PARSEGHIAN ENDOWMENT FUND, Haigazoon............................ 29,376
PARSEKIAN ENDOWMENT FUND, Mr. & Mrs. Ned J. Esq................ 8,948
PECHDIMALDJI ENDOWMENT FUND, Stephan & Hermine................ 381
PETERS ENDOWMENT FUND, Aram................................................... 370
PETERS MEMORIAL SCHOLARSHIP FUND, Leon S................... 400,181
PEZESHKIAN ENDOWMENT FUND, Mr. A............................................ 370
PHILIBOSIAN ENDOWMENT FUND, Mr. & Mrs. Fred........................ 1,848
PHILIBOSIAN FOUNDATION FUND, Stephen..................................99,211
PIRANIAN ENDOWMENT FUND, Mr. & Mrs. Poozant........................ 4,235
PISA ENDOWMENT FUND, Mr. & Mrs. Michael A.................................. 370
POLADIAN ENDOWMENT FUND, Jack H....................................... 25,024
RASSAM ENDOWMENT FUND, George............................................1,110
REJEBIAN ENDOWMENT FUND, Mr. & Mrs. Vahram........................ 8,810
REJEBIAN SCHOLARSHIP FUND, Rev. & Mrs. S. M....................... 15,237
ROUBIAN ENDOWMENT FUND, Genevieve..................................... 6,663
RUBYAN ENDOWMENT FUND, Rev. Puzant.......................................1,110
SAATJIAN ENDOWMENT FUND, Haiganoush..................................... 370
SALIBIAN MEMORIAL FUND, Mihran & John.................................. 27,774
SANDRICK ENDOWMENT FUND, Annie.............................................. 762
SANOIAN ENDOWMENT FUND, Henry P. & Nancy.......................... 3,230
SARIAN ENDOWMENT FUND, Dr. & Mrs. Jirair................................. 5,919
SARIAN FOUNDATION FUND........................................................... 19,720
SARJANIAN ENDOWMENT FUND, Mr. & Mrs. Arshag....................... 1,848
SARKESIAN MEMORIAL FUND, James............................................... 370
SARKISIAN MEMORIAL FUND, Edward G...................................... 13,596
SARKISSIAN ENDOWMENT FUND, Madeleine Selim......................... 912
SAROUNIE ENDOWMENT FUND, Yeran (Pailoun)........................... 3,622
SCHOLARSHIP AWARDS FUND, Mary Diran.................................. 81,538
SEMERJIAN ENDOWMENT FUND, Marjorie & Alice....................... 41,773
SENECA ENDOWMENT FUND, Dr. Harry........................................... 3,808
SENEKJIAN ENDOWMENT FUND, Mr. & Mrs. Oshin A......................... 741
SERMABEIKIAN ENDOWMENT FUND, Krikor & Anna...................... 3,808
HAIGAZIAN UNIVERSITY ENDOWMENT FUNDS
Name of Fund AT JULY 31, 2014
Value
SHADAREVIAN ENDOWMENT FUND, Mr. Isahag................................ 370
SHAFFER ENDOWMENT FUND, Mr. & Mrs. R. F.................................. 370
SHAMSHOIAN ENDOWMENT FUND, Mr. & Mrs. Ralph........................ 370
SHARIAN ENDOWMENT FUND, Mr. & Mrs. Bedros Sr...................... 2,922
SHEGOIAN ENDOWMENT FUND, Mr. & Mrs. Ardson........................ 1,502
SHNORHOKIAN ENDOWMENT FUND, Haroutune.............................. 381
SISLIAN ENDOWMENT FUND, Mr. & Mrs. Oscar.................................. 951
SISLIAN ENDOWMENT FUND, Mr. Robert......................................... 2,495
SOGHOMONIAN ENDOWMENT FUND, Avedis................................ 4,068
SOURENIAN MEMORIAL FUND, Shavarsh & Lucy....................... 234,755
SPRADLEY ENDOWMENT FUND, J..................................................... 741
SVAJIAN ENDOWMENT FUND, Dr. Pergrouhi....................................... 370
TABOURIAN ENDOWMENT FUND, Garbis & Ida.............................. 1,904
TASHJIAN ENDOWMENT FUND, Mr. & Mrs. Hurant.......................... 1,904
TAVIDIAN ENDOWMENT FUND, Esteban......................................... 1,848
TCHAKEDJIAN ENDOWMENT FUND, Avedis & Vergine................ 92,468
TERJIMANIAN ENDOWMENT FUND, Hagop & Anahid..................... 6,783
TEZEL ENDOWMENT FUND, Dr. & Mrs. Jiraryr..................................... 951
TILKIAN ENDOWMENT FUND, Dr. & Mrs. Ara.................................. 20,713
TILKIAN ENDOWMENT FUND, Dr. Sarko & Rita.............................. 10,574
TOKATLIAN ENDOWMENT FUND, Mr. & Mrs. Melik.......................... 1,904
TOPALIAN ENDOWMENT FUND, B...................................................... 370
Name of Fund TOPALIAN ENDOWMENT FUND, Socrat........................................... 1,502
TOPALIAN ENDOWMENT FUND, Mr. & Mrs. Jirair........................... 18,494
TOPJIAN ENDOWMENT FUND, Armen............................................. 9,917
TORIGIAN ENDOWMENT FUND, Dr. & Mrs. Puzant............................. 336
TORIGIAN ENDOWMENT FUND, Mr. & Mrs. Andrew............................ 381
TOULOUKIAN FOUNDATION FUND, . .............................................. 1,176
TOWER LAKES FOUNDATION FUND, George Barsumian.............. 33,290
TUFENKIAN MEMORIAL FUND, Ruben & Pailazou........................ 60,930
TURPANJIAN FAMILY ENDOWMENT FUND, . ............................... 78,520
VARIOUS ACCOUNTS FUND, .......................................................... 1,077
VART ENDOWMENT FUND, Virginia.................................................... 359
VOSGIAN MEMORIAL FUND, Dr. Daniel............................................... 866
VOSKIAN ENDOWMENT FUND, Dr. Henry B........................................ 370
WEINSTEIN ENDOWMENT FUND, Sydney & Judith............................ 381
WOMEN’S AUXILIARY LOS ANGELES, . ...................................... 177,970
YAGHSIZIAN ENDOWMENT FUND, Ephronia...................................... 370
YAGOOBIAN ENDOWMENT FUND, Dr. J. M......................................... 381
YAGOOBIAN ENDOWMENT FUND, Dr. Robert..................................... 381
YENOVKIAN ENDOWMENT FUND, Mr. & Mrs. Samuel........................ 370
YESSAIAN ENDOWMENT FUND, Mr. & Mrs. Charles........................ 3,808
ZAKARIAN ENDOWMENT FUND, Mrs. Mihran................................... 1,250
ZARTARIAN ENDOWMENT FUND, Mr. & Mrs. Harry............................ 370
MINISTERS’/MINISTERS’ WIDOWS PENSION FUNDS
Name of Fund Value
ABAJIAN ENDOWMENT FUND, Henry K. & Gladys.......................... 2,477
ABAJIAN ENDOWMENT FUND, Thelma............................................ 2,477
ABDULIAN END. FUND, Dr. & Mrs. Daniel H. & Juliette..................... 2,966
ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Jack H.......................... 2,477
ABDULIAN ENDOWMENT FUND, Dr. & Mrs. Misak........................... 2,477
ADROUNY ENDOWMENT FUND, Dr. & Mrs. Zaven.............................. 247
AGBABIAN ENDOWMENT FUND, Mr. & Mrs. Hrant H....................... 2,548
AGBABIAN ENDOWMENT FUND, Dr. & Mrs. Mihran S...................... 2,477
ALBARIAN ENDOWMENT FUND, Mr. & Mrs. Armen G......................... 891
ANONYMOUS - 5 ENDOWMENT FUND, . ............................................. 60
ANONYMOUS - 6 ENDOWMENT FUND, . ...................................... 15,199
ARMENIAN MARTYRS CONG. CH FUND, ......................................11,762
ASHKARIAN ENDOWMENT FUND, Mr. & Mrs. Vahe............................ 247
ATTARIAN ENDOWMENT FUND, James E. & Virginia.....................11,319
AYNILIAN ENDOWMENT FUND, Mr. & Mrs. Nerses........................... 2,477
BADEER ENDOWMENT FUND, Dr. & Mrs. Henry S.............................. 654
BAGDASARIAN MEMORIAL FUND, Lily Sophie...............................11,077
BAKER ENDOWMENT FUND, Edward................................................. 247
BAKER ENDOWMENT FUND, Ralph L................................................. 247
BALUKJIAN ENDOWMENT FUND, Harry.......................................... 1,261
BARSUMIAN ENDOWMENT FUND, Mr. & Mrs. George..................... 1,238
BEDIKIAN ENDOWMENT FUND, Rev. & Mrs. A. A................................ 126
BENLIAN ENDOWMENT FUND, Sonia.............................................. 2,519
BOYAJIAN MEMORIAL FUND, Avedis & Khatoun.............................. 2,632
BOYAJIAN MEMORIAL FUND, Edward Jeremiah.............................. 2,104
CHALIKIAN ENDOWMENT FUND, Mr. & Mrs. Edward....................... 4,282
CHERKEZIAN ENDOWMENT FUND, Mr. & Mrs. Archie..................... 2,477
CHOPOORIAN ENDOWMENT FUND, Mr. & Mrs. Haig......................... 496
CHURUKIAN ENDOWMENT FUND, Dr. & Mrs. Vahe......................... 2,477
CILICIA ARMENIAN CONG. CH. FUND, .............................................. 991
CONE ENDOWMENT FUND, Mr. & Mrs. Lawrence K............................ 424
DEMIRJIAN ENDOWMENT FUND, Mr. & Mrs. Harold A..................... 1,486
DERENTZ ENDOWMENT FUND, Mr. & Mrs. Hagop........................... 2,477
DEVEDJIAN ENDOWMENT FUND, Mr. & Mrs. John............................... 54
DINGILIAN ENDOWMENT FUND, Mr. & Mrs. Edward H....................... 528
DOHANIAN ENDOWMENT FUND, Mr. & Mrs. Armen......................... 2,724
DOHANIAN MEMORIAL FUND, Rev. Zaven....................................... 3,720
DOKOUZIAN ENDOWMENT FUND, Mr. & Mrs. Jack.............................. 62
ENOCH ENDOWMENT FUND, Mr. & Mrs. Charles................................ 619
ESKIJIAN ENDOWMENT FUND, Mr. & Mrs. Luther............................ 2,492
EVKHANIAN ENDOWMENT FUND, Mr. & Mrs. Manouk..................... 1,361
GARMIRIAN ENDOWMENT FUND, Arshalous..................................... 247
Value
AT JULY 31, 2014
Name of Fund Value
GARRON ENDOWMENT FUND, Dr. & Mrs. Levon K............................. 496
GERTMENIAN ENDOWMENT FUND, Mr. & Mrs. Henry..................... 6,191
GLATZE ENDOWMENT FUND, Mr. & Mrs. A. C..................................... 123
GOSHGARIAN ENDOWMENT FUND, Mr. & Mrs. G. A.......................... 247
GUEKGUEZIAN MEMORIAL FUND, Marie........................................ 2,789
GULESSERIAN ENDOWMENT FUND, Dr. & Mrs. Hrair P.................. 1,090
GULESSERIAN ENDOWMENT FUND, Puzant & Angele..................... 496
HADIDIAN ENDOWMENT FUND, Dr. & Mrs. Henry............................... 743
HAGOPIAN ENDOWMENT FUND, Drs. Vazken & Sharon.................... 544
HAIDOSTIAN ENDOWMENT FUND, Dr. & Mrs. Berj H....................... 1,195
HARTUNIAN ENDOWMENT FUND, Rev. & Mrs. Vartan.......................... 63
HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Henry......................... 247
HASSERJIAN ENDOWMENT FUND, Dr. & Mrs. Paul Y......................... 247
HATCH ENDOWMENT FUND, Martin F.............................................. 4,042
HEKEMIAN FAMILY TRUST FUND, S. & E....................................... 7,429
HEKEMIAN FOUNDATION FUND, .................................................... 2,477
HOVNANIAN ENDOWMENT FUND, Dr. H. Philip............................... 1,068
IZMIRLIAN ENDOWMENT FUND, Mr. & Mrs. Asadour....................... 2,433
JANBAZIAN ENDOWMENT FUND, Rev. Movses & Louisa................... 219
JANJIGIAN ENDOWMENT FUND, Edward & Lucy............................ 2,519
JENANYAN ENDOWMENT FUND, Edward....................................... 2,477
JERJISIAN ENDOWMENT FUND, Mr. & Mrs. George........................... 866
KAPIGIAN ENDOWMENT FUND, Mr. & Mrs. Albert............................ 2,179
KARAGHEUSIAN ENDOWMENT FUND, Miss Leila......................... 16,095
KARIAN ENDOWMENT FUND, Dr. Bernard........................................ 2,477
KARIAN ENDOWMENT FUND, Dr. & Mrs. Edward............................. 2,477
KASPER ENDOWMENT FUND, Dr. & Mrs. Richard L............................ 557
KASSOUNY ENDOWMENT FUND, Dr. & Mrs. Dicran Y........................ 122
KASSOUNY ENDOWMENT FUND, Marie............................................. 940
KESHISHIAN ENDOWMENT FUND, Mr. & Mrs. Albert.......................... 247
KEUHNELIAN ENDOWMENT FUND, Mr. & Mrs. Garabed H.............. 2,677
KEUHNELIAN ENDOWMENT FUND, Dr. & Mrs. John........................ 3,343
KEVERIAN ENDOWMENT FUND, Dr. George....................................... 597
KOEROGHLIAN END. FUND, Rev. Mihran & Beatrice........................... 997
KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. P. C............................ 4,273
KULLUKIAN ENDOWMENT FUND, Mr. & Mrs. Paul.............................. 371
KURKJIAN ENDOWMENT FUND, Mr. & Mrs. Dewey............................ 247
LEVONIAN ENDOWMENT FUND, Dr. & Mrs. Rendel......................... 2,477
LION ENDOWMENT FUND, Mr. & Mrs. Herbert.................................. 2,477
LOSHKAJIAN ENDOWMENT FUND, Mr. & Mrs. Theodore T.............. 1,238
MACKITAR ENDOWMENT FUND, Anne............................................... 309
MAGHAKIAN ENDOWMENT FUND, Alice L......................................... 243
45
MINISTERS’/MINISTERS’ WIDOWS PENSION FUNDS
Name of Fund Value
MANOOGIAN ENDOWMENT FUND, Mr. & Mrs. Alex......................... 2,477
MARDIAN ENDOWMENT FUND, Mr. & Mrs. Aram................................ 123
MARDIAN ENDOWMENT FUND, Sam Sr.......................................... 1,622
MARDIGUIAN ENDOWMENT FUND, Arpine........................................ 991
MARGANIAN ENDOWMENT FUND, Dr. & Mrs. Vahe M........................ 503
MASHIKEN ENDOWMENT FUND, Steve........................................... 2,306
MAX ENDOWMENT FUND, Mr. & Mrs. Lousin....................................... 247
MAYIAN ENDOWMENT FUND, Violet................................................... 138
MC PHERSON ENDOWMENT FUND, Mr. & Mrs. . ............................... 149
MEDZIAN ENDOWMENT FUND, Mr. & Mrs. Stanley S....................... 2,477
MEHAGIAN ENDOWMENT FUND, Mr. & Mrs. A. Stephen................. 1,486
MENENDIAN ENDOWMENT FUND, Dr. Rose....................................... 487
MERDINIAN ENDOWMENT FUND, Miss Elise................................... 2,477
MERJANIAN ENDOWMENT FUND, Dr. & Mrs. Antipas...................... 1,068
MERJANIAN ENDOWMENT FUND, Dr. & Mrs. John P.......................... 213
MINASIAN ENDOWMENT FUND, Dr. Edmond V................................... 123
MINASSIAN ENDOWMENT FUND, Rev. & Mrs. G. Diran................... 2,179
MINISTERS’ WIDOWS COMM. LEBANON, ...................................... 4,660
MISSISSYAN ENDOWMENT FUND, Dr. Kegham A................................. 21
MUGAR ENDOWMENT FUND, Mr. & Mrs. Stephen........................... 7,302
NAHIGIAN ENDOWMENT FUND, Mr. & Mrs. Edward............................ 123
NAHIGIAN ENDOWMENT FUND, Marie............................................ 2,724
NALBANDIAN ENDOWMENT FUND, Isabel......................................... 123
NASON ENDOWMENT FUND, Harry G............................................. 3,245
NORAIR ENDOWMENT FUND, Anne E............................................. 2,477
OHANESSIAN ENDOWMENT FUND, Deborah................................. 1,816
PAMPEYAN ENDOWMENT FUND, Mr. & Mrs. William H....................... 730
AT JULY 31, 2014
Name of Fund PETERS ENDOWMENT FUND, Mr. & Mrs. Leon S............................ 1,238
PHILIBOSIAN ENDOWMENT FUND, Stephen................................. 30,770
PHILIBOSIAN FOUNDATION FUND, Stephen................................. 24,763
PHILLIPS ENDOWMENT FUND, George & Suzie................................ 371
REINVESTED INCOME INVESTMENTS, ......................................... 8,567
SADAKIAN ENDOWMENT FUND, Mr. & Mrs. Avo................................. 108
SADAKIAN ENDOWMENT FUND, Jacqueline........................................ 54
SARIAN ENDOWMENT FUND, Drs. Jirair & Norair............................. 7,429
SARKISIAN ENDOWMENT FUND, Flora........................................... 7,302
SHAMLIAN ENDOWMENT FUND, Mr. & Mrs. Puzant............................ 243
SHEGOIAN ENDOWMENT FUND, Ardson & Gladys......................... 7,389
SHERENE ENDOWMENT FUND, Mr. & Mrs. Lemuel G..................... 2,477
SOBAJE ENDOWMENT FUND, Joseph................................................ 247
SOGHOMONIAN ENDOWMENT FUND, Avedis................................ 1,238
SOGOMIAN ENDOWMENT FUND, Rev. & Mrs. Jirair........................ 4,408
SUPERIOR NUT COMPANY END. FUND, ........................................... 126
TASHJIAN ENDOWMENT FUND, Grace M. K...................................... 681
TELLALIAN ENDOWMENT FUND, Nellie.............................................. 371
TEZEL ENDOWMENT FUND, Dr. & Mrs. Jirayr................................... 2,724
THOMASIAN ENDOWMENT FUND, Mr. & Mrs. Karnig........................... 63
TILKIAN ENDOWMENT FUND, Dr. Ara.................................................. 436
TOKATLIAN ENDOWMENT FUND, Mr. & Mrs. Melik.......................... 2,477
TOOTIKIAN ENDOWMENT FUND, Rev. & Mrs. Vahan....................... 3,713
TOURIAN ENDOWMENT FUND, Mr. & Mrs. Levon............................ 2,477
UNION ARMENIAN EVANG CH NEAREAST, ............................... 363,379
UNITED CH BOARD WORLD MINISTRY, ..................................... 244,244
YERGAN ENDOWMENT FUND, Mr. & Mrs. Berj................................. 2,392
ARMENIAN EVANGELICAL SCHOOLS OF CALIFORNIA FUNDS
Name of Fund Value
ABAJIAN MEMORIAL FUND, Yepros................................................. 2,309
ADROUNY ENDOWMENT FUND, Alice............................................. 1,658
AGBABIAN ENDOWMENT FUND, Hrant & Alidz............................... 3,615
ALEPPO COLLEGE ALUMNI ASSOC, .............................................. 2,842
ANDREASSIAN MEMORIAL FUND, Rev. Dikran & Zarouhie............. 7,632
APELIAN ENDOWMENT FUND, Zevart............................................. 2,132
APELIAN MEMORIAL FUND, Veronica & Hratch............................... 8,527
ARZOOYAN ENDOWMENT FUND, Archie......................................... 5,686
ASHKARIAN ENDOWMENT FUND, Mr. & Mrs. Vahe......................... 6,395
ASHKARIAN MEMORIAL FUND, Beatrice....................................... 17,967
BAGHDIKIAN ENDOWMENT FUND, Mr. & Mrs. Barkev..................... 1,620
BALIAN MEMORIAL FUND, Ohannes................................................ 2,509
BALUKJIAN ENDOWMENT FUND, Harry............................................. 647
BARAN MEMORIAL FUND, Ara........................................................ 42,603
BARDAKJIAN MEMORIAL FUND, George......................................... 2,558
BASTAJIAN ENDOWMENT FUND, Dr. & Mrs. Levon............................ 107
BEZIRGANIAN ENDOWMENT FUND, Dr. & Mrs. George.................. 1,422
BEZJIAN ENDOWMENT FUND, Lydia.................................................. 143
BEZJIAN MEMORIAL FUND, Hagop................................................ 19,477
BEZJIAN MEMORIAL FUND, Hagop K............................................... 4,278
BOOLGHOORJIAN MEMORIAL FUND, Anahis................................11,014
CHARKHEDIAN ENDOWMENT FUND, Raffi..................................... 9,428
DAGHLIAN ENDOWMENT FUND, Nazar & Lucy.................................. 143
DARAKJIAN ENDOWMENT FUND, Rev. Barkev & Armine.............. 10,636
DARAKJIAN ENDOWMENT FUND, Drs. Nazareth & Ani.................. 34,667
DEMIRJIAN MEMORIAL FUND, Beatrice......................................... 66,674
DER MATEOSSIAN MEMORIAL FUND, Mateos................................ 3,570
EKMEKJI MEMORIAL FUND, Mrs. Nazeli......................................... 17,047
FERMANIAN MEMORIAL FUND, Krikor............................................. 7,757
GARABEDIAN ENDOWMENT FUND, Mr. & Mrs. M. G. & N...................... 7
GARABEDIAN MEMORIAL FUND, Hagop......................................... 2,348
GARJIAN CHARITABLE TRUST, Ms. Lucy...................................... 268,441
GOERGIZIAN ENDOWMENT FUND, Rev. Arsen................................ 1,422
GROUP END. FUND, Armenian Evangelical Schools CA.................... 3,861
GULDALIAN MEMORIAL FUND, George........................................... 2,408
GULESSERIAN ENDOWMENT FUND, Puzant & Angele..................... 143
46
Value
Name of Fund AT JULY 31, 2014
Value
HAIG MEMORIAL FUND, Alice.............................................................. 126
HANESSIAN ENDOWMENT FUND, Mr. & Mrs. Zaven....................... 2,681
HAZARIAN ENDOWMENT FUND, Dr. Carl......................................... 4,471
HOVAGIMIAN ENDOWMENT FUND, Rev. Hovey & Jean..................... 143
HOVIVIAN/KANDARIAN FUND, ........................................................ 1,422
ISHKHANIAN ENDOWMENT FUND, Hagop & Elvira......................... 2,132
JAMESON FAMILY ENDOWMENT FUND, James............................. 1,422
JERNAZIAN MEMORIAL FUND, Rev. Ephraim & Marie.................... 15,001
KALDJIAN ENDOWMENT FUND, Mr. & Mrs. Barkev.......................... 2,273
KALDJIAN MEMORIAL FUND, Samuel.............................................. 2,995
KALFAYAN MEMORIAL FUND, Dr. Asbed........................................... 5,145
KARLAN ENDOWMENT FUND, Janet.................................................. 143
KAVOUKSORIAN ENDOWMENT FUND, Sirvart..................................... 57
KAYAYAN ENDOWMENT FUND, Rev. & Mrs. R..................................... 426
KHANJIAN ENDOWMENT FUND, Mr. & Mrs. Dikran.......................... 1,065
KHANJIAN ENDOWMENT FUND, Mr. & Mrs. Vazken....................... 15,244
KRIKORIAN ENDOWMENT FUND, Dr. & Mrs. Puzant........................ 2,842
MAKARIAN ENDOWMENT FUND, Yervant & Hrant........................... 1,422
MANOUKIAN ENDOWMENT FUND, Manuel........................................ 284
MARTIN ENDOWMENT FUND, Mr. & Mrs. Charles............................... 143
MENESHIAN MEMORIAL FUND, Avedis & Nora............................... 6,503
MENESHIAN MEMORIAL FUND, Marie............................................. 3,068
MOURADIAN ENDOWMENT FUND, Herair & Sirvart........................ 5,686
MOURADIAN ENDOWMENT FUND, Hratch & Kohar........................ 6,362
PHILIBOSIAN FOUNDATION FUND, Stephen................................. 27,463
SANOSSIAN MEMORIAL FUND, Hagop............................................ 2,679
SARIAN ENDOWMENT FUND, Dr. & Mrs. Norair............................... 4,797
SARKIS MEMORIAL FUND, Missak & Elizabeth.............................. 42,234
SHAMLIAN ENDOWMENT FUND, Mr. & Mrs. Luther............................... 43
SHAMMASIAN ENDOWMENT FUND, Aram & Chirag.......................... 284
SHEGOIAN ENDOWMENT FUND, Ardson & Gladys....................... 15,705
STUDENT AID ENDOWMENT FUND, . ................................................ 860
TANIELIAN ENDOWMENT FUND, Haik................................................ 143
TER OHANESSIAN MEMORIAL FUND, Dr. Gregor............................ 5,436
VANERIAN ENDOWMENT FUND, N. S............................................. 6,486
VARTANIAN MEMORIAL FUND, Gladys............................................ 7,107
Supporting Churches & Organizations
Americans for Armenians, Campbell, CA
Ararat Armenian Congregational Church, Salem, NH
Armenian Medical Fund, USA
Armenian Apostolic Church of America, New York, NY
Armenian Brotherhood Bible Church, Glendale, CA
Armenian Cilicia Evangelical Church, Pasadena, CA
Armenian Congregational Church, Southfield, MI
Armenian Evangelical Brethren Church, Glendale, CA
Armenian Evangelical Church, Cranston, RI
Armenian Evangelical Church, Mount Prospect, IL
Armenian Evangelical Church, New York, NY
Armenian Evangelical Union of North America, Glendale, CA
Armenian General Benevolent Union
Armenian Martyrs' Congregational Church, Havertown, PA
Armenian Memorial Church, Watertown, MA
Armenian Pentecostal Church, Sacramento, CA
Armenian Presbyterian Church, Paramus, NJ
Armenian Theological Students' Aid, Fresno, CA
Armenian Women's Welfare Association, Belmont, MA
Calvary Armenian Congregational Church, San Francisco, CA
Caroline Aston Fund First Church of Christ, New Britain, CT
Church of The Good Shepherd, Watertown, CA
Daughters of Vartan Araxie Chapter, El Cerrito, CA
Daughters of Vartan Grand Council, San Diego, CA
Daughters of Vartan Ani Chapter, Forest Hills, NY
Daughters of Vartan Gayane Chapter, Van Nuys, CA
Daughters of Vartan Nevart Chapter, Los Angeles, CA
Daughters of Vartan Zabelle Chapter, West Bloomfield, MI
Detroit Armenian Women's Club, Troy, MI
First Armenian Presbyterian Church, Fresno, CA
First Presbyterian Church, Fresno, CA
Friendship Lodge 20 Independent Order of Odd Fellows, Belmont, MA
Hackensack Rotary Club Foundation, Hackensack, NJ
Hai Benefit Circle, Thousand Oaks, CA
Hoboken Evangelical Free Church, Hoboken, NJ
Holy Trinity Armenian Apostolic Church, Worcester, CA
Holy Trinity Armenian Church, North Hollywood, CA
Immanuel Armenian Congregational Church, Downey, CA
King of Kings Ministries, Garden Grove, CA
Merdinian Armenian Evangelical School, Sherman Oaks, CA
Orange County Armenian Christian Fellowship, Costa Mesa, CA
Pilgrim Armenian Congregational Church, Fresno, CA
Sahag Mesrob Armenian School, Altadena, CA
Senior Pioneers of Paramus, Paramus, NJ
Sophia Chapter Armenian Renaissance Association
St. Nareg Armenian Church, Whittier, CA
Sunday School of St. Stephen's Armenian Apostolic Church, Watertown, MA
The Family Project, Santa Monica, CA
UCC Wider Church Ministries, Cleveland, OH
United Armenian Congregational Church, Los Angeles, CA
47
Histrorical Financial Data
Receipts Over The Years
1919....................... $ 7,723.57
1920-21..................... 3,055.18
1923-24..................... 2,393.25
1924-25..................... 2,901.11
1925-26..................... 4,556.11
1926-27..................... 7,048.43
1927-28..................... 7,246.77
1928-29..................... 5,547.88
1929-30................... 13,487.94
1930-31.................. $ 6,645.15
1931-32..................... 7,847.01
1932-33..................... 3,991.46
1933-34..................... 4,132.30
1934-35..................... 2,223.61
1935-36..................... 3,703.59
1936-37..................... 4,220.51
1937-38..................... 4,166.89
1938-39..................... 6,195.18
1939-40................. $ 4,140.93
1940-41..................... 6,026.05
1942-43................... 10,648.74
1943-44................... 21,121.76
1944-45................... 17,578.87
1945-46................... 32,706.30 (b)
1946 (a)................... 31,460.40 (b)
1947........................ 44,524.11 (b)
(a) From June 1 - December 31 only.
(b) During these years $134,187.01 were also raised for the Centennial Campaign in the United States and $18,544.00 in Syria &
Lebanon.
Assets And Budget Over The Years
Year
Assets
Budget
1945-46......................................................... $19,000
1946-47........................................................... 34,500
1947-48....................... $154,000..................... 50,000
1948-49......................... 150,000..................... 98,175
1949-50......................... 158,000..................... 75,000
1950-51......................... 168,000..................... 68,125
1951-52......................... 168,000..................... 62,000
1952-53......................... 282,000..................... 48,750
1953-54......................... 310,000..................... 65,000
1954-55......................... 393,000..................... 70,375
1955-56......................... 460,000..................... 82,500
1956-57......................... 505,700................... 102,500
1957-58......................... 560,000................... 106,225
1958-59......................... 628,000................... 108,200
1959-60......................... 755,000................... 125,000
1960-61......................... 900,000................... 140,000
1961-62...................... 1,210,000................... 144,200
1962-63...................... 1,262,000................... 189,775
1963-64...................... 1,392,000................... 160,500
1964-65...................... 1,670,000................... 175,000
1965-66...................... 1,985,000................... 180,000
1966-67...................... 1,971,000................... 213,000
1967-68...................... 2,345,000................... 217,000
1968-69...................... 4,417,022.. (a) . .......... 211,000
1969-70...................... 2,286,156................... 160,245
1970-71...................... 2,769,383................... 160,945
1971-72...................... 3,109,421................... 202,410
1972-73...................... 3,709,261................... 277,945
1973-74...................... 3,468,200................... 274,620
1974-75...................... 4,107,147................... 330,460
1975-76...................... 4,265,804................... 323,675
1976-77.................... $4,682,965................. $483,090
1977-78...................... 4,830,195................... 663,159
1978-79...................... 6,531,681................... 678,359
1979-80...................... 7,339,795................... 709,281
Year
Assets
Budget
1980-81...................... 9,216,288................... 742,284
1981-82.................... 10,783,850................ 1,067,416
1982-83.................... 12,481,853................ 1,248,995
1983-84.................... 15,259,940................ 1,354,020
1984-85.................... 17,341,445................ 1,558,622
1985-86.................... 22,558,583................ 1,617,461
1986-87.................... 26,549,686.. (b).......... 1,753,606
1987-88.................... 28,154,025................ 2,033,645
1988-89.................... 30,529,069................ 2,178,981
1989-90.................... 34,074,031................ 3,562,668
1990-91.................... 36,169,135................ 3,952,612
1991-92.................... 38,147,928................ 3,887,558
1992-93.................... 40,074,181................ 4,088,551
1993-94.................... 43,185,331................ 4,414,835
1994-95.................... 46,245,234................ 5,001,443
1995-96.................... 49,603,138................ 5,387,537
1996-97.................... 78,446.257 .(c).......... 5,353,758
1997-98.................... 89,614,203................ 5,210,184
1998-99.................... 99,990,585................ 5,422,459
1999-00.................. 103,578,240................ 5,710,910
2000-01.................... 99,399.055................ 5,704.988
2001-02.................... 85,928.515................ 4,930.761
2002-03.................... 90,895,093................ 5,397,065
2003-04.................... 98,323,998................ 5,581,847
2004-05.................. 106,437,065................ 5,833,462
2005-06.................. 109,789,584................ 6,044,916
2006-07...................119,611,874................ 7,010,699
2007-08.................. 124,227,706................ 7,130,405
2008-09...................117,490,844................ 6,785,534
2009-10.................. 124,275,401................ 6,965,768
2010-11................... 136,338,615................ 7,295.265
2011-12................... 139,002,932................ 7,529,574
2012-13.................. 152,514,629................ 8,199,249
2013-14.................. 164,873,155................ 8,876,681
(a) About $2,000,000 was transferred to the Stephen Philibosian Foundation.
(b) Includes an adjustment of $2,195,000 in the Sheen Charitable Purpose Unitrust to reflect current value of a real estate
property in the Unitrust.
(c) Pursuant to most recent Financial Accounting Standards Board’s regulations, investments of the Association are reported at
fair market value rather than at cost (book) value.
48
Other Historical Data
Incorporators of the AMAA - October 21, 1920
Vahan S. Babasinian
Minas S. Kondazian
Antranig A. Bedikian
Armenag Mahjoubian
Kapriel Bedrosian
John Mushekian
Haroutune M. Dadourian
Garabed T. Pushman
Hagop M. Depoyan
Dikran M. Sarkisian
Dikran B. Donchyan
John G. Telfeyan
Aram G. Hejinian
Haig Y. Yardumian
Milton B. Ignatius
Presidents
John G. Telfeyan........................................ 1919-1924 (June)
Garabed T. Pushman............................................ 1924-1936
Rev. A. H. Hartunian............................................. 1936-1938
Rev. A. B. Shmavonian......................................... 1938-1940
Rev. H. G. Benneyan............................................ 1940-1941
K. Gabriel............................................................. 1941-1942
Rev. H. G. Benneyan (Sept. 14) ..........1942-1944 (July 10)
Dr. N. I. Ishkanian (Oct. 25) .....................1944-1946 (Sept.)
Rev. S. M. Rejebian (Oct. 14) . ..........1946-1948 (Sept. 22)
Dr. Y. H. Hadidian (Sept. 22) ..............1948-1949 (Sept. 14)
Martin F. Hatch, Esq. (Sept. 15) ........ 1949-1952 (June 28)
Dr. J. H. Hekimian (June 28) ..............1952-1955 (July 13)
Martin F. Hatch, Esq. (July 13) ..........1955-1956 (Sept. 12)
G. Mooradkanian, Esq. (Sept. 12) ....................... 1956-1958
Dr. J. H. Hekimian................................................ 1958-1959
Haig Solakian, Ph.D............................................. 1959-1960
Rev. Dr. D. Y. Kassouny (Nov. 12) ...................... 1960-1962
Haig Solakian, Ph.D............................................. 1962-1964
John H. Keyishian................................................ 1964-1966
Vahe S. Roubian, D.D.S. ..................................... 1966-1968
Nazar Y. Daghlian................................................. 1968-1971
George Philibosian............................................... 1971-1974
Edward M. Kavjian, M.D....................................... 1974-1975
John Keuhnelian, M.D.......................................... 1975-1976
Archie Cherkezian................................................ 1976-1978
Samuel Hekemian................................................ 1978-1980
George Philibosian............................................... 1980-1982
George Bezirganian, M.D. ................................... 1982-1984
Nazar Y. Daghlian................................................. 1984-1987
George Bezirganian, M.D. ................................... 1987-1988
H. Philip Hovnanian, Ph.D. .................................. 1988-1990
Edward Janjigian.................................................. 1990-1993
Albert Momjian, Esq............................................. 1993-1997
Andrew Torigian.................................................... 1997-2005
H. Steven Aharonian, M.D.....................................2005-2011
Joseph Zeronian, Ed.D..................................2012 to present
Treasurers
John Mushekian................................................... 1919-1924
John G. Telfeyan................................................... 1924-1925
John Mushekian................................................... 1925-1932
Albert Telfeyan...................................................... 1932-1942
Haroutune Nergararian......................................... 1942-1947
Martin F. Hatch, Esq............................................. 1948-1949
Stephen Philibosian . ........................................... 1949-1957
Harry A. Kuljian..................................................... 1958-1960
Garabed H. Keuhnelian........................................ 1960-1966
Edward Janjigian.................................................. 1966-1968
Robert Hekemian................................................. 1968-1970
George Philibosian............................................... 1970-1971
Archie Cherkezian................................................ 1971-1976
Samuel Hekemian................................................ 1976-1978
Edward Janjigian.................................................. 1978-1984
Aram Minnetian.................................................... 1984-1995
Andrew Torigian.................................................... 1995-1997
Vahram Aynilian.................................................... 1997-1999
Aram Robert Minnetian........................................ 1999-2007
Nurhan Helvacian..........................................2007 to present
Executive Secretaries
Rev. Mihran. T. Kalaidjian..................................... 1919-1921
Rev. A. A. Bedikian............................................... 1921-1928
Rev. M. G. Papazian............................................. 1928-1929
Rev. A. A. Bedikian............................................... 1929-1930
Rev. Dr. Yervant H. Hadidian................................ 1930-1934
Rev. Nishan Bekian.............................................. 1935-1943
Rev. A. A. Bedikian............................................... 1943-1946
Rev. Puzant. H. Kalfayan...................... 1946-1959 (May 26)
Rev. Edward. S. Tovmassian . ............. (Oct. 21) 1959-1968
Steven Mardiguian (Acting) .......... (Sept. 11) 1968 (Dec. 11)
Rev. Giragos H. Chopourian, Ph.D....................... 1969-1975
Executive Directors
Rev. Giragos H. Chopourian, Ph.D....................... 1976-1987
Rev. Movses B. Janbazian .... (Aug. 1) 1987-2000 (Sept. 25)
Andrew Torigian (Acting)... (Sept. 26) 2000-2001 (March 31)
Rev. Jirair M. Sogomian ........... (April 1) 2001-2003 (Aug. 9)
Andrew Torigian (Acting) ................. (Aug. 9) 2003 (Dec. 31)
Rev. Dr. Peter Doghramji.............................2004 (Jan.-Aug.)
Andrew Torigian.......................................2005 (Sept.) - 2009
Levon Filian......................................................... 2010 -2013
Executive Directors/CEO
Rev. Mgrdich Melkonian....................Nov. 2014 to Oct. 2014
Zaven Khanjian................................... Sept. 2014 to present
West Coast Executive Director
Levon Filian...................................................2014 to present
Field Directors
Rev. Movses B. Janbazian................................... 1981-1987
Dr. Kenell Touryan................................................ 1988-1993
Hagop Manjelikian................................................ 1994-2000
Hagop Aynejian.................................................... 2000-2001
Dikran Youmshakian............................................. 2005-2010
Armen Beylerian.......................................2012 - 2013 (April)
Rev. Mgrdich Melkonian................................2012 to present
49
How to Give
Stewardship of God’s Blessings - How to Give for His Glory!
For a Christian, Estate and Gift Planning is more than saving taxes and taking care of
your loved ones. The Bible talks about how to look at the matter of our material blessings.
For example, 2 Corinthians 9:7 reminds us “Each man should give what he has decided
in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.”
The Armenian Missionary Association of America (AMAA) has faithfully used your gifts
for carrying out His “good news” and compassion of help to all Armenians worldwide.
There is no better way to thank God than to share His Word with others and to give
cheerfully. The AMAA has volunteer professionals who are ready to assist you, using all
of the sophisticated estate planning opportunities available, to carry out your personal and
charitable vision. Here are some helpful hints:
und
The Direct Giving Cash
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Gifts in the form of cash or through checks or credit/debit cards are the most common
methods of direct charitable giving. All contributions to the AMAA qualify for income, gift and estate tax deduction, as an IRS 501
(c)(3) organization. The AMAA can only continue its purposes by your thoughtful and generous support of its outreach.
Giving Securities or Real Estate which has Appreciated in Value
Stocks, bonds, mutual funds and real estate that have increased in value can bring extra tax savings. Not only will the donor enjoy
the tax deduction for the fair market value of the gift, but will also bypass capital gain tax that would otherwise be due if the
securities or property were sold and the proceeds donated.
Charitable Lead or Remainder Trusts
This is where you give the AMAA a certain percentage for a term of years and get the property back or in the alternative, you
retain a set percentage of the asset’s value transferred to the AMAA, who takes on management, for a period of years or life of
yourself or others, and at the termination, the asset is held in a special perpetual endowment fund in the memory of a loved one,
and the income is used for the specified purpose.
Giving Through a Will or Living Trust
The laws are changing and now is a good time to review long-range estate and financial planning under your current estate planning
documents. In the current unstable laws, where the amount passing death tax free is likely to be especially low, the tax incentive
for charitable trusts is ever increasing. Giving through wills, living trusts, life insurance policies and retirement accounts at death
offers great opportunities for leaving a lasting legacy to charitable interests, when viewed from the effect of death taxes and assets
otherwise passing to relatives directly much less attractive.
Endowment Funds
Gifts and bequests can be used to establish endowment funds in the name of the donor or someone the donor wishes to honor,
either now or at your being with the Lord. These endowment funds are invested by the AMAA and the income is used to support
designated purposes of the donor as part of the worldwide outreach of the AMAA.
There are many ways you can make your giving meaningful and cheerful.
Planning and timing are essential. Just take a moment and consider what
your giving today will mean for you and for others tomorrow. God will
bless you abundantly. The AMAA would like to partner with you in
carrying out your stewardship for your family, and loved ones and the
Lord’s work on Earth.
Medical Mission to Armenia.
50
For additional information on Estate and Gift Planning, please write or
call in confidence to the AMAA Executive Director, who will assist you
in every way possible, and can put you in contact with its professionals to
help in carrying out your plan in conjunction with your own estate planning
representatives, as appropriate. The AMAA’s address and phone number
are on the back cover of this report.
How to Pray
A Prayer Request For Each Day of the Month
Please consider prayer as part of your giving. This list provides you with a guide to prayer for AMAA ministries each day of the month.
a.
Include the prayer requests in your personal and family devotions each day.
b.
Include the prayer in your Church’s Sunday Worship Service and weekly bulletin.
c. Use the calendar to involve your local church, Sunday School or Youth Group in the mission and service ministry of other believers at home and overseas. You may want to enter into an active fellowship with those for whom you pray. Their addresses and additional information on their ministry may be obtained from our website (www.amaa.org) or the AMAA office.
1.
The Executive Director and the AMAA Office Staff. Pray
for wisdom as they seek to be good stewards of the resources God
provides them and encourage God’s people around the world.
2. The AMAA Representative, the Staff, the volunteers and
their families in Armenia. Pray for their personal walk with the Lord,
protection and needs. Also pray for the effectiveness of their service as
they strive to meet the spiritual and physical needs of our people using
AMAA’s resources.
3.
The Officers and Board Members of the AMAA, AMAC and
AEUNA. Pray for wisdom and unity of purpose as they make critical
decisions affecting the mission and service of the Armenian Evangelical
Church. Also pray that they might faithfully walk with the Lord.
4.
AMAA Chapters and Missions Committees. Pray for God to
bless their efforts and make their partnership with AMAA a source of
blessings to many around the world.
5.
The Officers and Board Members of UAECNE (Lebanon),
UAECF (France), UECA (Armenia), AEWC (International). Pray for
wisdom and unity of purpose as they make critical decisions affecting
the mission and service of the Armenian Evangelical Church. Also pray
that they might faithfully walk with the Lord.
6.
Churches in Argentina, Brazil and Uruguay. Pray that believers
and their pastors and lay leaders will continually walk with the Lord, experience joy in their ministry and ever grow in their witness and service.
7. Churches in Turkey, Iran and Iraq. Pray that their leaders and
members might experience His power and not lose hope in the face of
difficulties. Pray that they might continue to receive His Word and spirit,
and remain faithful to their calling.
8.
Churches in the United States and Canada. Pray that the believers, their pastors and lay leaders will continually walk with the Lord, experience joy in their ministry and ever grow in their witness and service.
9. Churches in Australia and in the Assyrian communities
of Beirut and Aleppo. Pray that the believers, their pastors and lay
leaders will continually walk with the Lord, experience joy in their
ministry and ever grow in their witness and service.
10. The physical and spiritual needs of our brethren in Armenia,
Georgia, Russia, and other former Soviet countries.
11. Churches in Cyprus, Egypt and Greece. Pray that the believers
and their pastors and lay leaders will continually walk with the Lord,
experience joy in their ministry and ever grow in their witness and
service.
12. Pray for Armenian missionaries involved in mission,
church or service ministries in non-Armenian congregations and
communities in North America and overseas.
13. Haigazian University in Beirut, Lebanon. Pray that it will
faithfully train young Christian leaders who will be prepared to serve
Christ and their communities in the Middle East. Pray also for wisdom
for the president, faculty and the governing board.
14. AMAA/AEUNA Home Mission projects and Armenian
Evangelical Youth in North America. Pray for the effectiveness of
the AMAA/AEUNA joint home mission projects through which Armenian
Evangelicals serve critical spiritual and social needs in the Armenian
community of North America. Pray also for our young people as they
seek to grow in the Lord.
15. Revival among Armenians worldwide. Pray for a spiritual
revival in Armenia and throughout the Diaspora. Pray that Armenians
might rediscover their true heritage in Christ.
16. Armenian Charitable Organizations: Children of Armenia
Fund, Fund for Armenian Relief, “Hayasdan” All-Armenia Fund,
Jinishian Memorial Program, Karagheusian Corporation, the Stephen
Philibosian Foundation, United Armenian Fund, Armenian Relief
Society, Armenian General Benevolent Union, Hope for Armenia,
Dorcas Aid, and others. Pray for a spirit of cooperation among those
seeking to serve the Armenian people.
17. The Armenian Apostolic Church. Pray for His Holiness
Karekin II and His Holiness Aram I and the Mother Church, that
God might continue to raise up spiritual leaders who walk in humble
obedience to Christ, meeting the deep spiritual hunger of the
Armenian people.
18. A spirit of unity among all the churches in Armenia and the
Diaspora. Pray that they would faithfully obey Christ, work together in
a spirit of love and produce much fruit in their ministry.
19. Churches in Lebanon and Syria. Pray that the believers
and their pastors and lay leaders will continually walk with the Lord,
overcome their difficulties, experience joy in their ministry and ever
grow in their witness and service.
20. Churches in Armenia, Georgia, Russia, and other former
Soviet countries. Pray for prepared hearts as many hear the gospel
of salvation. Pray for the spiritual growth of believers and cooperation
among churches and their leaders. Pray for wisdom in dealing with the
unique problems they face.
21. “Love your enemies and pray for those who persecute you.”
Pray for the countries of Turkey and Azerbaijan. Pray that they might
seek peace and cooperation with Armenia. Pray for the success of the
evangelistic work going on in those countries.
22. Armenian Schools in North America. Pray that these schools
might train children in the way they should live as wise and generous
adults, appreciative of their Armenian Christian heritage.
23. Armenian Schools in Armenia, Europe and the Middle
East. Pray that these schools might prepare children to be wise
and generous adults, serving their communities with love and
unselfish dedication.
24. The Government of Armenia. Pray for the President and those in
authority, that they might seek God’s guidance when making decisions,
and that they might fight for truth and against injustice and corruption.
25. The US Government - Pray for the President, Cabinet mem‑
bers, members of both houses and local government and leaders.
Pray that they remain faithful to the Christian principles this great nation
was founded on. Pray that God will give them wisdom and guidance.
26. Refugees from Azerbaijan and Georgia. Pray for those who
live as displaced people, striving to readjust to their new surroundings
and find helping hands.
27. Victims of wars or disasters. Pray that the believers and their
pastors and lay leaders will continually walk with the Lord, experience
joy in their ministry and ever grow in their witness and service.
28. World Peace. Pray that God will enlighten those in authority that
they may bring justice and mercy into their office.
29. Armenians in Karabagh. Pray for a just and final resolution to
the seemingly intractable conflict, and for the safety and the urgent
needs of our people there. Pray also for the local AMAA staff as they
minister to the needy.
30. Past leadership. Pray for those who have ministered to our
churches and communities over the years that they might draw strength
from the Lord in their retirement and be encouraged by their awareness
that their labor was not in vain.
31. Pray that God would lead you to become involved in helping
meet the physical and spiritual needs of our brothers and sisters
worldwide and in spreading the Good News of Jesus Christ to those
needing reconciliation with God and their fellow men.
51
1915-2015
Centennial of the
Armenian Genocide
AMAA
Keep Telling
The Story
31 W. Century RoadwParamus, NJ 07652wTel: 201.265.2607w Fax: [email protected]
52

John F.A.V. Cecil Elected Trustee of The Duke Endowment

Thursday, January 8, 2015 11:00am or 6:00pm - New York Public

weekly wolf 11.28.14 - Black Hawk Middle School

August 2014

“Bob” Conlin Athletics Endowment

BOARD MEETING ALPHA ETA CHAPTER, STTI

GEORGIA MINING FOUNDATION 2015 FRANK YOUNG FOUR

ST2 - the Institute of Actuaries of India

Report on Endowment Performance2013-14

Using Soil Moisture Sensors for Poinsettia Height Control – #532