FAQ
Dream Development Foundation is a non-profit organization that designs and implements development programs for the border communities in Armenia and Artsakh. Aside from this primary mission, the Foundation also serves as a platform with special benefits where our compatriots can organize fundraising campaigns for similar projects without paying third-party fees.
The Foundation was created with the efforts of a group of friends who cover all administrative expenses related to the Foundation’s activities through their individual donations, so that the funds donated to projects will entirely serve their purpose.
By making a donation, you contribute to bringing some sense of normalcy to the lives of communities affected by Artsakh wars, and to restoring their hope for a better future.
Fundraising campaigns can be launched by all individuals and legal entities that have developed or seek to develop patriotic programs aimed at the development of the border communities in Armenia and settlements in Artsakh.
The raised funds are fully transferred to the fundraiser once the campaign has ended and all necessary paperwork has been processed.
No taxing and/or deductions are applied to the donations made both to the statutory goals of the Foundation and for the implementation of individual projects. Received funds are fully transferred to the projects.
The Foundation also is not charging any commission on donations from Armenia. Commissions on international donations are subject to the terms of sender and correspondent banks.
The beneficiaries of the Fund are individuals and legal entities carrying out or pursuing patriotic activities in Armenia, Artsakh and the Diaspora, as well as all those who aim to implement scientific, educational, cultural projects in Armenian communities.
You can choose to make a donation towards either achieving the statutory goals of the organization or any of the individual projects implemented by the Foundation.
To donate to the general fund, click the DONATE button in the upper right corner of the homepage.
To donate to a specific project, go to the MAKE A DREAM COME TRUE page, select the project and click on the DONATE button.
To start a fundraising campaign on the website an individual or legal entity should create an account, fill out the application on the MAKE A WISH page, and provide required information about their project. Once submitted and approved, the application will be sent for consideration to the members’ of the Board of Trustees. If the application meets the statutory goals of the Foundation and receives the approval of the majority of the Board, it will be posted on the website.
It is. Based on a written application from the fundraiser the Foundation will terminate the campaign prematurely and transfer funds received as of the day and time of termination, to the fundraiser once all necessary paperwork is processed.