amAbout Us
Our Mission and Core Values
The H. Hovnanian Family Foundation commits its support primarily to the Armenian community in Armenia and the United States, with a focus on Monmouth and Ocean Counties in New Jersey. It supports existing non-profit programs and institutions with a long-standing history that provide value and impact to these parts of the world.
Through grants, fellowships, scholarships, and program-related investments, its primary areas of focus include education, healthcare, arts and culture, youth development, entrepreneurship, volunteerism, ecotourism, and the promotion of values such as transparency and accountability.
Guiding Principles
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The Foundation is guided by core principles that shape its approach, inform its decisions, and drive its efforts to create meaningful impact in the communities it serves:
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To increase quality access to healthcare and to modernize the infrastructure of vocational institutions in Monmouth and Ocean Counties, New Jersey.
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To invest in furthering the education and practical work experience of the next generation of students who can envision and contribute to Armenia’s development.
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To prioritize initiatives that address key priorities and have a built-in multiplier effect, such as creating new employment opportunities or increasing local income, which are of greatest interest to the Foundation.
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To engage strategically with citizens who seek to improve the livelihood of their communities through innovative projects that can be replicated for broader impact.
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To foster creativity that generates innovative solutions to long-standing community challenges.
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To strengthen personal ties and engagement between the Diaspora and Armenia through shared experiences, thereby enhancing collaboration, shared vision, and collective action.
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To support all stages of the repatriation process in ways that contribute to Armenia’s long-term economic development.
The Foundation’s main areas of focus include the following fields, which aim to create meaningful impact, foster growth, and strengthen communities both in the U.S. and in Armenia:
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Arts and Cultural Preservation
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Ecotourism
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Education and Capacity Building
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Emergency Response and Disaster Relief
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Healthcare and Public Health
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Leadership, Youth, and Community Development
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IT Start-ups, Entrepreneurship, and Innovation
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Volunteer Engagement and Repatriation
