 During the Paris Peace Conference , the Armenian delegation presented an assessment of $ 3 @.@ 7 billion ( about $ 51 billion today ) worth of material losses owned solely by the Armenian church . During the conference in February 1920 , the Armenian community presented an additional demand for the restitution of property and assets seized by the Ottoman government . The joint declaration , which was submitted to the Supreme Council by the Armenian delegation and prepared by the religious leaders of the Armenian community , claimed that the Ottoman government had destroyed 2 @,@ 000 churches and 200 monasteries and had provided the legal system for giving these properties to other parties . The declaration also provided a financial assessment of the total losses of personal property and assets of both Turkish and Russian Armenia with 14 @,@ 598 @,@ 510 @,@ 000 and 4 @,@ 532 @,@ 472 @,@ 000 Francs respectively ; totaling to an estimated $ 328 billion today . Furthermore , the Armenian community asked for the restitution of church owned property and reimbursement of its generated income . The Ottoman government never responded to this declaration and so restitution did not occur . 
