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Paros: 100 for 100 Report

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  • Paros: 100 for 100 Report

    PRESS RELEASE
    THE PAROS FOUNDATION
    918 Parker Street, Suite A14
    Berkeley, CA 94710
    Contact: Peter Abajian
    Email: [email protected]
    Web: http://www.parosfoundation.org/
    Tel: US 310-400-9061
    Armenia: (093) 99-80-99 From US dial 011-374-93-99-80-99



    May, 2013

    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 years remain to April 24, 2015. 18 months have passed
    since the Paros 100 for 100 initiative launch. 27 projects have been
    completed or are in progress. 71 people have been employed or
    temporarily received a salary as a result of Paros 100 for 100
    Projects. 73 projects remain to be implemented to reach the goal. 150
    cities, villages and towns have benefited from a project. 210 donors
    have contributed to a Paros 100 for 100 Project. 83,696 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."

    Share this news with your friends! To get involved and help make a
    difference, please donate now!

    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.

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