Prominent Russian businessman, co-director of Sberbank CIB Ruben Vardanyan has formulated 7 principles of his charitable activity in Armenia and announced the decision to establish a charitable foundation IDeA (Initiatives for Development of Armenia).
“IDeA will implement charitable projects which will influence Armenia’s future and help it pass from the survival model, which currently dominates in the country, to the model of prosperity”, Ruben Vardanyan said.
He also outlined 7 basic principles of his charitable work:
– A long-term vision and plan spanning several decades;
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– Its scale and symbolic importance;
– Collegiality and internationality;
– Multiplier effect (infrastructure, social, cultural);
– Local community involvement;
– Gradual operational self-sufficiency;
– Meeting high international standards and creating a new benchmark locally.
Ruben Vardanyan spoke in detail about the principles in an interview, which is available here.
