Endowment Funds With the Archbishop Hovnan Derderian Scholarship Fund
Endowment gifts made in memory of a loved one create a lasting and meaningful tribute. These funds remain in their name, with annual earnings supporting scholarships for students in need. Each award given becomes a living legacy—honoring the past while investing in the future.
By creating an endowment fund, you help ensure that Armenian students continue to receive the education, leadership development, and support they need to succeed, while strengthening the Armenian community for generations to come.
What Is An Endowment Fund?
An endowment fund is a long-term investment fund created to provide ongoing financial support for a specific purpose. Rather than spending the original gift, the fund is invested, and a portion of the annual earnings is used to support programs such as scholarships.
This structure allows a single contribution to create a lasting impact, generating support year after year while preserving the original gift.
Endowment funds are often established in honor or memory of a loved one, creating a meaningful and enduring legacy. For the Archbishop Hovnan Derderian Scholarship Fund, these funds provide sustained tuition assistance to Armenian students, ensuring continued access to Armenian education.
Why Establish an Endowment Fund?
An endowment fund allows your contribution to support the full scope of the Archbishop Hovnan Derderian Scholarship Fund’s work—helping students pursue their education while providing critical support to Armenian schools and educational programs.
Your gift creates opportunity at every level, from individual scholarships to resources that help schools continue their mission. In doing so, it strengthens not only the lives of students, but the future of the Armenian community as a whole.
By preserving the principal and using a portion of the annual earnings, an endowment fund continues to provide scholarships and support year after year—ensuring that your contribution has a lasting and growing impact.
Establishing an endowment fund also offers a meaningful way to honor a loved one, creating a legacy that reflects both remembrance and purpose.
We invite you to explore the endowment funds currently entrusted to our care below, each representing a lasting commitment to Armenian education and the generations it serves.
Memorial Endowment Funds Entrusted To Our Care
See the current memorial endowment funds entrusted to our care.
Archbishop Hovnan Derderian Fund
Rev. Archpriest Fr. Zaven Arzoumanian Fund
Mari Tanielian Bilenler Memorial Fund
Dr. Harry Demerjian Memorial Fund
Bedros & Susan Gourchounian Memorial Fund
Alice Nazerian Memorial Fund
Torkom Postajian Memorial Fund
Gerard & Nellie Baydian Memorial Fund
Asbed and Elina Hamamjian Fund
Anthony and Pateel Loffredo Fund
Jack and Lucy Zakaryan Fund
Haig and Marine Nazarian
Seth & Ruby Abajian Memorial Fund
Koharik Bedrosian Memorial Fund
Manug Chakrian Memorial Fund
Onig & Karmen Garavaryan Memorial Fund
Harutun Kavoukjian Memorial Fund
Hagop Parseghian Memorial Fund
Hovagim Sahakyan Memorial Fund
Sarkis & Silva Katchiguian Fund
Gerard and Luiza Vartanian Fund
Nareg and Anush Kasian Fund
Nareg and Raquel Babayans Fund
Haig and Marine Nazarian Paul Satamyan, Jr. Memorial Fund
Frequently Asked Questions
What is an endowment fund?
An endowment fund is a long-term investment fund created to provide ongoing financial support for a specific purpose. Rather than spending the original gift, the fund is invested, and a portion of the annual earnings is used each year to support scholarships and educational programs. This structure allows a single contribution to create a lasting and growing impact over time. For the Archbishop Hovnan Derderian Scholarship Fund, endowment funds help provide sustained support for Armenian students and schools, ensuring continued access to Armenian education for future generations.
How does an endowment fund support Armenian students?
Endowment funds provide a reliable and sustainable source of funding that supports the full scope of the Fund’s work. Each year, a portion of the earnings is used to provide scholarships, tuition assistance, and financial support to Armenian schools and educational programs. This ongoing support helps students continue their education while also strengthening the institutions that serve them, both locally and abroad.
Can I create an endowment fund in memory of a loved one?
Yes. Many endowment funds are established in honor or memory of a loved one as a meaningful and lasting tribute. These funds remain in their name and continue to support students year after year.
Each scholarship awarded through the fund becomes part of that legacy—honoring the past while creating opportunities for future generations. To learn more about establishing an endowment fund, please contact Ann Anahid Andreassian at annandreasian@yahoo.com.
What is the difference between a donation and an endowment fund?
A donation provides immediate support for current needs. An endowment fund creates long-term support by investing the original gift and generating annual funding.
This structure allows the fund to support students and educational programs year after year, creating a lasting and growing impact.
Who benefits from endowment funds?
Endowment funds support students across multiple stages of their education. The Fund also directs support to Armenian schools and educational programs. This includes scholarships, tuition assistance, and resources that help schools continue their mission and serve their communities.