Annual Report 2024-2025 | Page 135

2025 FINANCIAL OVERVIEW

In 2025, the Foundation transitioned from launch to delivery and recognition. By 2025 to keep up with expanding its programs, the foundation had also focused further on attracting in-kind donations, other donations and external fundings not only to raise capital, but in an effort to foster community ownership.

2025 TOTAL BUDGET BREAKDOWN

25 %

OPERATIONS

374,4774,229 AMD

PROGRAMS

1,103,303,395 AMD 75

%

The Foundation’ s annual financial statements were independently audited and approved by BDO Armenia- member firm of BDO International Limited.

Financial Report