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Financials

The financial statements of the Fund for Armenian Relief, Inc. for the year ending December 31, 2021, have been audited by the accounting firm of WithumSmith+Brown. The independent auditors issued an “unmodified opinion” that FAR statements conform to accounting principles generally accepted in the United States of America and that “the financial statement...present fairly, in all material respects, the financial position of the Fund for Armenian Relief, Inc.” as of the given date. The audit report is available upon request.

2021 Asset Base

Cash and cash equivalents

$5,050,892

Investments

$3,815,438

Contributions and pledges receivable

$1,807,180

Prepaid expenses

$26,849

Inventory of supplies and donated goods

$580,205

Property and equipment, net

Beneficial Interest in funds held by others

$1,614,866
$2,366,899

Pooled investments held by ACEF

$6,032,039

Total assets

$21,294,368

2021 Financial Highlights

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