In 2007 on the initiative of Flash LLC founder Barsegh Beglaryan Devout Generation Foundation was established as an institution called to discover and unite devout young people with innovative spirit who in different spheres of public life will definitely stand up from the position of the builders of the future of Armenian nation.
The board members of Devout Generation Foundation are the founder Barsegh Beglaryan, Manuk Mkrtchyan, President of State Committee of Science of the Ministry of Education of the Republic of Armenia Samvel Harutyunyan, Executive Director of Aararat Bank OJSC Ashot Osipyan.
To realize its charter-set goals the Foundation administers numerous projects:
- Organizes grant provision competitions
- Provides scholarships, tuition
- Finances research projects
- Publishes monographs, manuals, scientific periodicals as well as supports other scientific publications
- Organizes seminar-discussions, trainings
The Foundation cooperates with both governmental and non-governmental bodies and organizations of Armenia as well as with foreign and international organizations, companies, institutions.
The Foundation has managed charity projects to the total amount of 445,0 million AMD during September 2007 - May 2017.