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Update on Paros 100 for 100 Initiative

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  • Update on Paros 100 for 100 Initiative

    PRESS RELEASE
    PAROS "LIGHTHOUSE" CHARITABLE FOUNDATION USA
    Contact: Peter Abajian - [email protected]
    The Paros Foundation
    Tel: 310-400-9061 US or (091) 426 120 Armenia
    Email: [email protected].
    http://www.paros-foundation.org



    PAROS FOUNDATION REPORTS ON 100 FOR 100 PROJECTS FOR PROSPERITY

    Berkeley, CA - Since its official launch in October 2011, the Paros
    Foundation's 100 for 100 Projects for Prosperity has had a significant and
    meaningful positive impact on Armenia and her people. This initiative,
    designed to provide the Armenian community with opportunities to recognize
    the upcoming centennial of the Armenian Genocide through implementing 100
    special projects in Armenia, is on schedule to meet its goal of having
    these projects completed by the end of 2015.

    100 for 100 Projects for Prosperity-Numbers of Significance:

    · $$0 from donor contributions has been spent on administrative
    expenses.

    · 2 2 years remain to April 24, 2015.

    · 18 months have passed since the Paros 100 for 100 initiative launch.

    · 227 projects have been completed or are in progress.

    · 771 people have been employed or temporarily received a salary as
    a
    result of Paros 100 for 100 Projects.

    · 773 projects remain to be implemented to reach the goal.

    · 1150 cities, villages and towns have benefited from a project.

    · 2210 donors have contributed to a Paros 100 for 100 Project.

    · 883,696 people have benefited from a Paros 100 for 100 Project.

    · $116,932 in cash contributions has been received and spent on Paros
    100 for 100 Projects so far.

    · $750,270 is the value of in-kind contributions received including
    new shoes, dental supplies, computers and musical instruments.

    `The numbers speak for themselves,' said Peter Abajian, Executive Director
    of The Paros Foundation. `We are eagerly working to identify new projects,
    advertise them on our website, and secure new potential project sponsors in
    order to effectively and efficiently implement these sponsored projects in
    Armenia. During the first 18 months of this campaign, we significantly
    improved the lives of our brothers and sisters in Armenia with support of
    our generous donors. As each one of these projects is sponsored and
    implemented, the memory of our ancestors is honored in a way that we
    believe is positive and appropriate.'

    The Paros 100 for 100 Projects for Prosperity develops and administers
    projects throughout Armenia and Artsakh in four program categories:
    Development,
    Education, Humanitarian and Cultural. Please consider becoming a family
    sponsor of a project in memory of the Armenian Genocide by participating in
    the Paros Foundation's 100 for 100 Projects for Prosperity. Visit
    www.parosfoundation.org. The Paros Foundation underwrites all
    administrative expenses allowing all sponsor contributions to be allocated
    100% to the project. Donations to The Paros Foundation, a 501(c) 3 private
    foundation, are tax-deductible to the fullest extent allowed by law.

    Formally launched in 2006, The Paros Foundation supports six exemplary
    local NGOs in Armenia with contributions of quality rent-free program
    space, operating funds and human resource support. To honor the upcoming
    centennial of the Armenian Genocide, The Paros Foundation launched the
    Paros 100 for 100 Projects for Prosperity in October of 2011. With an
    aggressive goal of identifying, vetting, fundraising for and ultimately
    implementing 100 special projects, The Paros Foundation and its staff in
    Armenia and the United States are quickly earning a reputation as the `go
    to' organization to oversee small and medium-sized project implementation
    in Armenia. For more information and to get involved visit
    www.parosfoundation.org or call (310) 400-9061.


    Be sure to visit our website at www.paros-foundation.org


    From: Baghdasarian
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