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Armenia Tree Project Mourns the Loss of Harry T. Mangurian, Jr.

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  • Armenia Tree Project Mourns the Loss of Harry T. Mangurian, Jr.

    ARMENIA TREE PROJECT
    65 Main Street
    Watertown, MA 02472
    Tel: (617) 926-TREE
    Email: [email protected]
    Web: www.armeniatree.org

    FOR IMMEDIATE RELEASE
    October 29, 2008

    Armenia Tree Project Mourns the Loss of Harry T. Mangurian, Jr.

    Successful Entrepreneur Was A Committed Friend, Advisor, and Benefactor of
    Armenia's People and Environment

    By Jason Sohigian

    FT. LAUDERDALE, FL--"Harry Mangurian's keen business sense, creative mind,
    and sense of humor provided me and our staff with even greater vigor and
    inspiration to persevere in our work to create a healthier environment and
    sustainable future for the people of Armenia," stated Armenia Tree Project
    Executive Director Jeff Masarjian when he heard about the passing of Harry
    T. Mangurian, Jr.

    Born in Rochester, NY, Mr. Mangurian died in Ft. Lauderdale on October 19 at
    age 82 after an eight-month battle with leukemia. Among his many
    accomplishments, he turned a family furniture business into a nationwide
    success, went on to become a prominent thoroughbred horse breeder in
    Florida, and was the sole owner of the Boston Celtics for several years.

    His father opened an Oriental rug business in 1925 in Rochester, which later
    became a furniture store. The flagship Mangurian's Inc. was opened in the
    1940s, and Mr. Mangurian took over the business in the 1960s and transformed
    it into a successful national chain that eventually included more than a
    dozen stores.

    Mr. Mangurian immersed himself in the business world and moved to Ft.
    Lauderdale. He owned Drexel Investments, through which he built and sold
    thousands of condominiums in south Florida in the 1970s and 1980s. In the
    early 1970s, Mr. Mangurian became involved in breeding thoroughbred horses
    and bought a 310-acre horse farm in Ocala, which he expanded to an
    1,100-acre farm where he bred many top stallions. He led all breeders in
    North America in 1998 through 2002 in earnings and races won.

    In 1978, Mr. Mangurian traded the Buffalo Braves for the Boston Celtics, and
    he was the sole owner of the team from 1980 through 1983. He was
    instrumental in the signing of legends such as Larry Bird, Kevin McHale, and
    Robert Parish, and under his ownership the Boston Celtics won the NBA
    Championship in 1981.

    "Harry was a solid owner. He was one who was a good, solid businessman. He
    really helped bring the championship back to Boston back in 1981," stated
    Celtics vice president of media services Jeff Twiss in an obituary in the
    Boston Globe. "With his leadership, guidance, and working with Red Auerbach,
    he helped raise our franchise up to that championship level."

    Mr. Mangurian was a World War II veteran who served in the Navy in the
    Pacific theater from 1943-1946, and he was involved in a number of
    philanthropic causes. His initial contribution of $1 million to the National
    Thoroughbred Racing Association "New York Heroes Fund" following the
    September 11 attacks inspired others to contribute in excess of $6 million.

    Mr. Mangurian has donated $5 million to the Michael and Diane Bienes Cancer
    Center at Holy Cross Hospital in Ft. Lauderdale to establish the Dorothy
    Mangurian Comprehensive Women's Center and the Harry T. Mangurian, Jr.
    Surgical Oncology Department.

    He became closely involved with Armenia Tree Project in recent years,
    helping the organization expand its fundraising capacity among
    Armenian-Americans in support of its poverty reduction and tree planting
    programs, and he has donated more than $1.2 million to ATP in recent years.

    "We were very sad to learn of Harry's passing. Harry first learned of ATP
    from a mailing we sent out in 2005. He became interested in our work and
    especially in helping us develop better strategies for fundraising to
    support our program," recounted Jeff Masarjian. "Harry became a friend and a
    mentor to me, and we would speak every week about ATP's challenges and
    successes in Armenia, and he would advise me on how to make the organization
    more financially sustainable."

    "We listened and learned because we knew he had been so successful in the
    business and sporting worlds. We also hoped others would follow his example
    and recognize the importance of our work in improving the lives of the many
    impoverished families living in rural Armenia today, who are benefiting from
    their participation in ATP's programs," added Masarjian.

    In 2006, Mr. Mangurian funded a research project to identify as many
    Armenian households as possible in the US. "We added thousands of new names
    to our database, and used the information to send two very unique mail
    appeals that doubled our donor base within one year," noted Masarjian.

    "Last fall we launched 'Harry's Challenge,' in which he offered to match
    every gift we received up to $500,000. This generated enormous enthusiasm
    and we were able to exceed the challenge and raise more money that year than
    any other in our history," he added. "Harry was much more than a benefactor
    to ATP. He really believed in our work, and in helping the less fortunate
    families in Armenia through our programs."

    "He was really a very simple guy, very uncomplicated and he was successful
    at it. If there ever was a guy without an ego, it was Harry Mangurian,"
    stated long-time advisor and friend Gordon W. Latz of Ft. Lauderdale. "Life
    has been very good to him. He's done so many wonderful things and helped so
    many people. Everything was done because he wanted to help people."

    Mr. Mangurian is survived by his wife Dorothy, daughters Terry Skuse and
    Tracy Jenkins, brother Pierce Mangurian and sister Ann Hanessian, four
    grandsons, and two great-grandchildren. Armenia Tree Project is planting a
    forest of 150,000 trees this fall in memory of Harry T. Mangurian, Jr. in
    Jrashen Village in the Lori region of Armenia.
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