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Our Mission

Our Mission


ZINAPAH National Foundation for Servicemen Insurance was founded in 2017 to provide stable, equitable compensation for the well-being of the families of fallen, missing servicemen and 1st and 2nd category disabled servicemen while defending the homeland and its borders for the peace and security of future generations. ZINAPAH is a non-political institution that operates according to the Law.

It is a unique foundation in the region where every working citizen in Armenia is required to make mandatory contributions from their salaries. ZINAPAH represents a pan-Armenian effort to ensure financial well-being for those who have sacrificed their health and lives for the security of Armenia.​

ZINAPAH funds are generated from:

  • Mandatory monthly payments from 1,500-15,000 AMD per month (based on the amount of income) by taxpayers in Armenia
  • Voluntary donations received from all over the world, including Armenia
  • ZINAPAH asset management appreciation

ZINAPAH is governed by an independent Board of Trustees, consisting of highly regarded professionals with stellar reputations and expertise in Finance & Banking, Business, Crisis Management, Fundraising, and Asset Management. It is operated by a highly motivated and experienced Executive Team of young professionals.

ZINAPAH website provides the possibility to monitor both total funds from mandatory payments and donations, as well as the list of compensations. The CEO Quarterly, Annual reports, and Annual Audit reports by one of the top 10 worldwide known audit firms, are also regularly published on the ZINAPAH website. 

 

 

ZINAPAH currently supports 5,477 servicemen and their families, around 13,500 people with a lump sum upfront contribution of 10 mln or 5 mln AMD and 100,000-300,000 AMD (depending on the servicemen rank and disability group) monthly payments to the servicemen and their families to ensure their minimum financial stability with liability as per eligibility for the next 20 years and, in case of funds availability, possible extension. By the decision of the Board of Trustees, ZINAPAH has indexed the monthly compensation amounts and additional payments provided to beneficiaries, increasing them by 26%.

Since 2017 it made about 106 B AMD in compensations.

Our focus is to continually work to make ZINAPAH an organization truly worthy of our Servicemen’s dedication and sacrifice and make their dreams come true.

Our Mission is to unite the nation to stand by the servicemen and their families to ensure financial stability and a dignified life for them.

Our Values - TRANSPARENCY, ACCOUNTABILITY, INTEGRITY

Thus, ZINAPAH is an incredible consolidation opportunity to seed strong values, beliefs, and attitudes in our society… for appreciation, support, and respect…

Today, it is our duty to stand by the fallen, missing, and disabled soldiers and their families…