The Surb Gevorg Church Complex Project Project Report 2016 Financial Year (July 2015 – June 2016)

1 Misson Introduction To The Project

ear Friends, We would like to present you with report for the Surb Gevorg DChurch Complex project for the 2015-2016 financial year (from 1 July 2015 to 20 June 2016) – one of the IDeA (Initiatives for the Development of ) Foundation’s marquee projects. The report details which elements of the project were implemented over the period, what still needs to be done and information on the events that have taken place at the cathedral complex. The key achievement highlighted in the report for this period is the completion of the restoration of Surb Gevorg Church, as well as the opening ceremony which took place with the participation of the Supreme Patriarch and Catholicos of All Armenians, the First Hierarch of the Armenian Apostolic Church Garegin II, President of the Republic of Armenia Serzh Sargsyan and Bidzina Ivanishvili as well as other dignitaries.

The main objective of the second phase of our project is to establish a cultural and educational complex, which would focus the cultural and spiritual life of the Armenian community in The second phase of the Surb Gevorg Church Complex project . Some important steps have been taken in the past year will last until 2020. In order to successfully complete all our plans to achieve this goal including the acquisition of new premises in and to revive the former importance of the unique Tiflis church, neighbouring buildings and reaching agreements for the use of make it a jewel of Tbilisi Old Town and a centre of cultural and other adjacent areas. This all contributes to the creation of cultural spiritual revival in the coming years, we still have a great deal of and educational complex on the territory around the church, which work to do. will include, specifically, a Centre for the centuries-old friendship between the Armenian and Georgian peoples, an educational Thank you for taking part in this project. We would like to stress centre, a museum and an art gallery. With the support of the that our ambitious charitable initiative has only become possible Georgian authorities, an irrevocable right to usage was obtained due to the support provided by you. for the courtyard adjacent to the cathedral. A preliminary design for a park has been created, which will be presented to the donors for their approval. Yours Sincerely, Meanwhile, work is still being undertaken on a number of Edgar Manukyan commercial projects, which are designed to provide a source of CEO of IDeA Foundation income for the cathedral complex and the Georgian Diocese of the Armenian Apostolic Church.

4 Goals & Objectives OF THE PROJECT

The Goal The goal of the Surb Gevorg Church Complex project is for the cathedral to take its place at the heart of the cultural and spiritual life of the Armenian community in Georgia.

Objectives 1. Restore the ancient Surb Gevorg Cathedral Church as a vital part of Tbilisi Old Town. 2. Develop the infrastructure around the Cathedral: create a museum, library, cultural-educational complex, Sunday school, reception house, restoration workshops, souvenir shops and artistic salons.

Through these objectives, Surb Gevorg will become more valuable to the local Armenian community, the inhabitants of Tbilisi and also tourists

6 Project overview numbers

Project start 2012 /09 Overall cost $ 7500 000

Number of donors Funds raised 20 $ 5 564 089 Funds spent to date $ 5 106 806

Project end Money still needed 2020 $ 1 935 911

8 Project development stages

Stage 1: The restoration of the ancient Surb Gevorg (Saint George) Cathedral as a vital part of Tbilisi Old Town

Started: 2012 Completed: 31 october 2015 marked by a ceremony for the reconsecration of the Cathedral Budget: $4 672 032

• Engineering and 3D surveying of the entire building was performed. • Strengthened the foundations and the church drum, reinforced the walls, put waterproofing in place. • Completed the restoration of the cathedral’s 1090 m2 frescoes with the help of a renowned Italian restorer, professor Fabrizio Iacopini. • Installation of architectural lighting of the church and adjoining territory. • Project approved by the National Agency for Cultural Heritage Preservation of Georgia.

Stage 2. Development of the infrastructure on the territory adjoining the Cathedral. Creation of an Armenian cultural-educational complex in Georgia

Started: 2015 Completed: 2020 Budget: $2 827 968

• Conduct a feasibility study of the planned projects and buildings. • Open a Centre for the centuries-old friendship between the Armenian and Georgian peoples under the auspices of the Cathedral. • Implement non-commercial projects, including cultural- educational centre. • Implement commercial projects, which in the future will be the main source of finance supporting the cultural-educational centre and will assist the Georgian Diocese of the Armenian Apostolic Church.

10 Results & Achievements From the Second stage of the work

• Nearby buildings with an area of 150 m2 have been acquired. Currently, the St. Gevorg Church Reconstruction Fund owns 22 buildings with an overall area of 1068 m2. The fund will continue to buy up another 1432 m2.

• The Sayat-Nova souvenir shop has moved to new refurbished premises.

• Deed of easement agreed with Meydan Group on the transfer to the Georgian Diocese of the Armenian Apostolic Church of the parking spaces in the courtyard of the Cathedral. A decision has been taken to turn this area into a public garden.

• Developed concept of a picture gallery in the courtyard of the church (the former location of the Sayat-Nova souvenir shop).

• Work underway on the conception and business plan for the cultural-educational complex adjoining the Surb Gevorg territory.

12 Events of the project

• On the first of June 2016, on Children’s Day, a children’s art competition was held in the courtyard of Surb Gevorg called “I draw the old town”. Over 50 children took part in the competition with the entrants coming from various nationalities. Prizes included a trip to Armenia, which featured a visit to UWC Dilijan, TUMO Center for Creative Technologies, the National History Museum, the Cafesjian Center for the Arts in Yerevan, the Yerevan Children’s Railway and other attractions.

• For the first anniversary of the opening of Surb Gevorg, on 29 October 2016, a charity sale of the best 25 pictures from the “I draw the old town” competition was held. All the proceeds from the event were donated to Centre for Children with Limited Health Abilities in Kojori, Georgia.

14 Financial indicators of the project

35,7% 25,5 % 19,2% 8,4% % of total

Restoration of frescoes Acquiring neighbouring buildings Construction works Generaland administrative expenses $ 1 825 179 $ 1 303 453 $ 983 251 $ 428 645

4,6 % 3,6 % 1,2 % 1,1 % 0,7 %

Surveying and Landscaping and Repairs, fitting-out the Donations to AAC Opening ceremony, marketing engineering design architectural lighting Bishops residence (including the acquisition of the apartment of the and PR expenses writer Hovhannes Tumanyan) $181 822 $ 59 463 $ 55 750 $ 36 243 $ 233 000

Total 1 0 0 % = $ 5 106 806 16 Main objectives for next year

• Purchase space in adjoining buildings.

• Carry out engineering surveys in newly purchased spaces/ buildings.

• Begin the project to strengthen, waterproof, repair the acquired spaces/ buildings.

• Development, approval and adoption of the plan for the cultural-educational complex.

18 We are sincerely grateful to all the donors to the surb gevorg church COMPLEX project

Distinguished Donors Donors Albert Avdolyan Ameriabank Danil Khachaturov Artur Amirkhanyan Sergey Sarkisov and Rusudan Ara Bagdasaryan Makhashvili Davidyants Family Vardanyan Family Armine Ghazaryan IDeA Foundation Team Bidzina Ivanishvili Arman Jilavian Armais Kamalov Artashes and Anahit Kazakhetsyan Irina Kondratova Eleonora Malkhasyan Konstantin Markaryan Andrew Mkrtchyan Boris and Gor Nakhapetyan RVVZ Foundation Team David Yakobashvili

We are also incredibly thankful for the support of those donors who wish to remain anonymous

20 Bank details for donations

For payments in USD or INTERMEDIARY CITI BANK NA, New York, USA INTERMEDIARY VTB BANK VIETNAM SWIFT: CITIUS33XXX SWIFT: VRBAVNVX BENEFICIARY’S BANK JSC VTB Bank (Georgia) BENEFICIARY’S BANK JSC VTB Bank (Georgia) SWIFT: UGEBGE22XXX SWIFT: UGEBGE22XXX BENEFICIARY’S ACCOUNT IBAN: BENEFICIARY’S ACCOUNT IBAN: ACCOUNT HOLDER/NAME GE41VT6600005656593608 ACCOUNT HOLDER/NAME GE41VT6600005656593608 ST. GEVORG CHURCH ST. GEVORG CHURCH RECONSTRUCTION FUND RECONSTRUCTION FUND or or INTERMEDIARY JPMORGAN CHASE BANK, INTERMEDIARY UBS AG ZURICH, Switzerland New York, USA SWIFT: UBSWCHZH80A SWIFT: CHASUS33 BENEFICIARY’S BANK JSC VTB Bank (Georgia) BENEFICIARY’S BANK JSC VTB Bank (Georgia) SWIFT: UGEBGE22XXX SWIFT: UGEBGE22 BENEFICIARY’S ACCOUNT IBAN: BENEFICIARY’S ACCOUNT IBAN: ACCOUNT HOLDER/NAME GE41VT6600005656593608 ACCOUNT HOLDER/NAME GE41VT6600005656593608 ST. GEVORG CHURCH ST. GEVORG CHURCH RECONSTRUCTION FUND RECONSTRUCTION FUND or For payments in RUB INTERMEDIARY JSC VTB BANK, INTERMEDIARY JSC VTB BANK, MOSCOW, RUSSIA SWIFT: VTBRRUMM Correspondent account: C/A: 30111840855550000064 30101810700000000187 BENEFICIARY’S BANK JSC VTB Bank (Georgia) RCBIC: 044525187 SWIFT: UGEBGE22XXX BENEFICIARY’S BANK JSC VTB Bank (Georgia) BENEFICIARY’S ACCOUNT IBAN: Identification Code: 202906427 ACCOUNT HOLDER/NAME GE41VT6600005656593608 C/A: 30111810855550000052RUR ST. GEVORG CHURCH BENEFICIARY’S ACCOUNT IBAN: RECONSTRUCTION FUND ACCOUNT HOLDER/NAME GE41VT6600005656593608 ST. GEVORG CHURCH RECONSTRUCTION FUND For payments in EUR INTERMEDIARY VTB BANK DEUTSCHLAND AG, or Frankfurt, Germany INTERMEDIARY JSC VTB BANK, MOSCOW SWIFT: OWHBDEFF SWIFT: VTBRRUMM BENEFICIARY’S BANK JSC VTB Bank (Georgia) BENEFICIARY’S BANK JSC VTB Bank (Georgia) SWIFT: UGEBGE22XXX SWIFT: UGEBGE22XXX BENEFICIARY’S ACCOUNT IBAN: BENEFICIARY’S ACCOUNT IBAN: ACCOUNT HOLDER/NAME GE41VT6600005656593608 ACCOUNT HOLDER/NAME GE41VT6600005656593608 ST. GEVORG CHURCH ST. GEVORG CHURCH RECONSTRUCTION FUND RECONSTRUCTION FUND 22