Cafesjian Family Foundation

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In 1996, in honor of his heritage and reflecting his pride as an American of Armenian descent, Mr. Cafesjian founded the Cafesjian Family Foundation. Stated broadly, the mission of the Foundation is to promote the well being of Armenian's. The Cafesjian Family Foundation endeavors to support efforts of the Armenian people to move beyond the tragedy of the Genocide and continue on in their role as significant contributors to the well being and advancement of humankind. To date Mr. Cafesjian has contributed over $50 million to the Cafesjian Family Foundation for the purpose of aiding Armenia and Armenian causes. “After taking care of the needs of my family, the bulk of my remaining estate will also be directed to the Foundation to support Armenian causes,” pledges Mr. Cafesjian. The Cafesjian Family Foundation has made significant contributions towards the formation of the Armenian Genocide Museum and Memorial in Washington D.C. and Mr. Cafesjian sits on the Board of Trustees as this significant undertaking is realized. Since its inception, the Cafesjian Family Foundation has made grants to several Armenian organizations. Recipients include: the Armenian Assembly of America, Inc., in support of various Armenian advocacy programs; the Armenian General Benevolent Union in support of the American University of Armenia, soup kitchens, and various other special projects; the Armenia Fund USA, Inc., in support of the Vanadzor School and the Nagorno-Karabagh north-south highway; and the Ani and Narod Memorial Fund in support of vaccines for children and the Narod Network Project, a computer/internet based project linking Armenian students around the world.

The Cafesjian Family Foundation has also initiated Foundation sponsored programs in Armenia with the goal of fostering jobs and sustainable economic activity for the development and implementation of programs in renewable energy, media, financial services, real estate development, computer software, and telecommunications. Mr. Cafesjian has traveled to Armenia to meet with the President of Armenia, the President of Nagorno-Karabagh, and other senior government and community leaders to foster continued cooperation in building relationships between Armenia and the Diaspora. “We have to concern ourselves with Armenia,” says Mr. Cafesjian, “they are holding on by a thread. It is our duty in the Diaspora to help them, to look out for them and to make sure that the ties between the U.S. and Armenia are strong. I am dedicating my resources to that end.”

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