Foundation
Board of directors
We believe in the potential of Armenia's human capital. Our foundation is committed to making a positive and lasting impact on the development of individuals and communities in Armenia by supporting initiatives in education, sports, culture, and youth development.
The Amaryan Charitable Foundation was established in October 2023 by David Amaryan, entrepreneur and investor, the founder and executive director of Balchug Capital, and Vardan Amaryan, businessman and the founder of Apricot Capital investment company.
Our founders, who have a long history of supporting charitable causes, decided to bring their efforts under the Amaryan Charitable Foundation umbrella to expand their reach and create a sustainable, long-term impact on Armenia by supporting strategic initiatives that benefit a wide range of beneficiaries, with a special focus on education, sports, culture, and youth development.
The Amaryan Charitable Foundation is guided by a dedicated board, comprising accomplished businessmen who have achieved success in the business world, particularly in investments.
Sharing a common vision, these individuals now seek to leverage their expertise and resources to make a positive impact on Armenia's future.
Armenian cybernetician, father of Amaryan brothers
Amaryan
Founder and CEO of Balchug Capital investment entity, an internationally recognized leader in alternative investments.
Amaryan
Founder of Apricot Capital CJSC investment company, an accomplished professional trader and investment manager.
.svg)
Education
Education is the foundation for a brighter future. By supporting educational initiatives that benefit a wide range of beneficiaries, we invest in the leaders and innovators of tomorrow.
Read more →.svg)
Sports
Sports and a healthy lifestyle are key to building a healthy and active society and communities. We support initiatives promoting sports, especially among youth.
Read more →
Culture
Culture plays a key role in strengthening national identity. Our cultural programs support initiatives that preserve, develop, and promote Armenia's rich and diverse cultural traditions, both locally and internationally.
Read more →.svg)
Humanitarian
Humanitarian crises require a coordinated and efficient response. Through our humanitarian programs, we support vulnerable groups affected by crises, offering urgent assistance and resources.
Read more →
February 15, 2024
In February 2024, The Amaryan Charitable Foundation donated to The Senior Center program in Goris, Syunik region,
Read more →November 28, 2023
In November 2023, The Amaryan Charitable Foundation completed its first project in the Syunik region,
Read more →