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100 for 100 Report

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.”
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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.

Peter Abajian [peter@paros-foundation.org]

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