Yesai and maria mazmanian foundation

Building a Better World through Education

our story

Brothers Sarkis and Aram Mazmanian were lucky in life. They were able to study in the UK, one of the leading educational hubs in the world, which allowed them to succeed in life. This would not have been possible without the continuous support of their parents Yesai and Maria Mazmanian.

The Yesai and Maria Mazmanian Foundation (YMMF) was set up in 2021 by the two brothers to honour their parents for helping support their studies. The main aim of the Foundation is to support less privileged Cypriot and Armenian students to study at some of the top universities in the world, mainly in the UK, and provide those students with equal opportunities that they themselves were privileged to have.

As education costs continue to rise every year, it is becoming increasingly difficult for students to study in the UK and we hope that our Foundation can provide support to at least a few exceptional students.

Focus Areas

Education and Scholarships

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  • Provide development opportunities to Cypriot and Armenian students by providing scholarships and mentorship
  • Improve higher education in Armenia

Socio-economic Development

  • Promote socio-economic development in Armenia by improving education, building community infrastructure and encouraging sustainable development    

Culture and Arts

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  • Promote Armenian and Cypriot culture and heritage, including art, music and cinema.

Impact Stories

Suzie, 25, Boston, US - London Business School (LBS) MSc Financial Analysis

Having lived and studied in the United States for a few years until 2020, I faced a difficult situation as I had to leave the country due to not being a US resident. I was willing to pursue advancement in education and career, and that is when I started seeking advice from YMMF Co-founder Sarkis Mazmanian. Sarkis provided extremely helpful guidance regarding the possible next steps and scholarship opportunities. After a number of useful discussions and a donation by YMMF, I applied and was accepted at London Business School (LBS) for an MSc in Financial Analysis and I have now been offered a position as an M&A Investment Banking Analyst at UBS in London. I am very grateful for both the mentorship and donation by YMFF, which were key aspects in finding my way from a very difficult situation.

Lilit, 19, Vanadzor, Armenia - National Institute of Applied Sciences (INSA) Lyon Mechanical Materials and Aerospace Engineering

Three years ago, when I won full scholarship for the International School of Georgia, IB diploma program, I started clearly seeing the path towards my goals. After graduating from the IB school and getting offers from different high-ranking universities, I realized, that my efforts were not in vain: I had chosen the right way and was getting closer to my dreams step by step overcoming all the challenges and difficulties. A huge obstacle was the financial need to pay the amount of tuition which was not covered by my scholarship. The YMMF donated quite a big amount of money, which helped me to break that boundary and continue my journey, this time at INSA Lyon, IBMMAE program. I am very grateful for the donation, as without it I wouldn't be able to get education in one of the best universities in France. Also, the founders proved, that quality education is valued and highly appreciated, so the financial status should not prevent someone to achieve their goals and to bring something important and useful to the world.

Michael, 20, Yerevan, Armenia - Kings College London – BSc in Computer Science (Artificial Intelligence)

Having spent all of my teenage years in the Czech Republic, I repatriated to Armenia at the beginning of 2021 and spent a number of months developing AI-driven industrial solutions as an intern in a local tech company. My realisation of the potential of Armenia’s tech sector and its importance in Armenia’s development, coupled with my love for studying Computer Science, made me realise that the most logical next step for me was to study AI at university. After being admitted to study Computer Science (Artificial Intelligence) at KCL, I started searching for funds to finance my studies and was very grateful to receive a donation from YMMF. Given the high tuition fees for the on- demand course that I wished to pursue and the ever-rising tuition fees, the support given from YMMF was instrumental in my financial ability to pursue this course.


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