In 1998, his wife, Susanna, established the Jora Avagyan Foundation
to identify and showcase talented, underrecognized artists from various
regions of Armenia. The foundation organized a memorial evening at the
Hrazdan School of Fine Arts and later held exhibitions, including one
at the Ministry of Culture in 2001 and another in the "Yerkat" Hall of
the Chamber Theater in 2019.
A plaque now adorns the building where Jora Avagyan
lived and worked, which serves as a house-museum and
exhibition hall, ensuring that his artistic legacy
continues to inspire future generations.