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Версия 23:28, 15 мая 2007

Шаблон:Unitedt Lincy FoundationФонд ЛинсиLincy Foundation

Kirk Kerkorian's charitable foundation which is named after his daughters, Linda and Tracy.

Donations include: Highway reconstruction, cultural center renovations, city beautification in Armenia United Armenian Fund Armenian Churches [edit] 2006 work in Armenia

Regnum, Russia Jan 13 2006

In the next one-two months, Armenia will start tenders on the construction and other works in the framework of second Lincy Foundation program. In an interview to a REGNUM correspondent Armenian presidential chief of staff Artashes Tumanyan noted that second agreement between Armenian government and Lincy Foundation presumes $60 million of investment in the Armenian economy.

Tumanyan noted, that second program of Lincy charity Foundation presumes three major directions of activities - road construction, improvement of Yerevan and school repairs. $20 million will be dedicated to each objective.

In the framework of the program, besides numerous road repairs and construction, 18 schools will be repaired, including 13 in Yerevan.

New heating systems will be installed, gyms will be provided with necessary facilities, seismic safety will be increased.

Tumanyan reminded that when the agreement with Lincy Foundation is ratified by the Armenian parliament, it will have a status of an international agreement. Two offices have been created to implement Lincy Foundation programs. After the tender, construction will start and in September 2006 second stage of Lindsy Foundation program will take place in Armenia.

Lincy Foundation is funded by American-Armenian businessman Kirk Kerkorian. During the last years the foundation has granted $165 million to the Armenian government, that helped overcome the results of earthquake in Spitak, repair most of republican theaters and museums, improve infrastructure.

http://www.armeniapedia.org/index.php?title=Lincy_Foundation Lincy Foundation

Kirk Kerkorian's charitable foundation which is named after his daughters, Linda and Tracy.

Donations include: Highway reconstruction, cultural center renovations, city beautification in Armenia United Armenian Fund Armenian Churches [edit] 2006 work in Armenia

Regnum, Russia Jan 13 2006

In the next one-two months, Armenia will start tenders on the construction and other works in the framework of second Lincy Foundation program. In an interview to a REGNUM correspondent Armenian presidential chief of staff Artashes Tumanyan noted that second agreement between Armenian government and Lincy Foundation presumes $60 million of investment in the Armenian economy.

Tumanyan noted, that second program of Lincy charity Foundation presumes three major directions of activities - road construction, improvement of Yerevan and school repairs. $20 million will be dedicated to each objective.

In the framework of the program, besides numerous road repairs and construction, 18 schools will be repaired, including 13 in Yerevan.

New heating systems will be installed, gyms will be provided with necessary facilities, seismic safety will be increased.

Tumanyan reminded that when the agreement with Lincy Foundation is ratified by the Armenian parliament, it will have a status of an international agreement. Two offices have been created to implement Lincy Foundation programs. After the tender, construction will start and in September 2006 second stage of Lindsy Foundation program will take place in Armenia.

Lincy Foundation is funded by American-Armenian businessman Kirk Kerkorian. During the last years the foundation has granted $165 million to the Armenian government, that helped overcome the results of earthquake in Spitak, repair most of republican theaters and museums, improve infrastructure.

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[edit] 1997 entrepreneurial enterprise lending fund

Lincy, Tracinda Start $100 Million Armenian Business Project

LAS VEGAS (Business Wire) Citizens of the Republic of Armenia will be able to take advantage of a $100 million entrepreneurial enterprise lending fund spearheaded by former Sen. Bob Dole.

The funds, established by Tracinda Corp. and the Lincy Foundation, will be distributed by an international bank.

"It is an honor to join with Kirk Kerkorian in this program," said Dole."No doubt, this assistance will create countless opportunities for business and economic development. We both know firsthand the spirit and determination of the people who will use these tools to help build a brighter future for the country."

Jim Aljian, chairman of the Lincy Foundation, said that Dole was selected for this project because of his long-standing commitment to the Armenian people.

"This donation is being made during a critical time in Armenia's history,"said Aljian. "We feel very strongly that entrepreneurs should be allowed every opportunity to test their ideas and contribute to a diverse marketplace. In Armenia, people's enthusiasm and creativity are being challenged by exorbitant loan rates. We hope these efforts can provide an affordable source of funding and revive the economy."

© 1997 Business Wire

The fund was closed later without dispersing much of the funds.