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COAF Raises $3.5 Million From its Annual Gala Evening

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  • COAF Raises $3.5 Million From its Annual Gala Evening

    Business Wire (press release), CA
    Oct 31 2007


    Children of Armenia Fund Raises $3.5 Million From its Annual Gala
    Evening


    NEW YORK--(BUSINESS WIRE)--Children of Armenia Fund (COAF) is pleased
    to announce that it raised a record $3.5 million from the 2007 Save a
    Generation Awards Dinner, held Friday, October 19, at Cipriani 42nd
    Street in New York. The money raised will be directed at reversing
    the ongoing impoverished conditions affecting significant numbers of
    children in rural Armenia through COAF's Model Village program.

    `Due to the tremendous ongoing commitment from our donors, COAF is
    able to implement significant projects that dramatically improve the
    conditions of rural Armenian communities especially in the areas of
    health, education, infrastructure as well as social and economic
    development,' said Garo H. Armen, PhD, founder and chairman of COAF.
    `With the money raised from the gala, COAF can continue executing a
    broader, sustainable revitalization program that has the potential to
    impact a combined population of 17,000 - of whom nearly 5,000 are
    children.'

    COAF hosted more than 350 guests for the annual gala event. Sherry
    Lansing, Oscar-winner of the Humanitarian Award in 2007 and former
    chairwoman of Paramount Pictures, delivered the keynote address in
    the context of an interview hosted by Lesley Stahl, a 60 MINUTES
    correspondent and Charlie Rose, Emmy award winning journalist. Ken
    Davitian, co-star of the critically acclaimed 2006 blockbuster,
    BORAT, was master of ceremonies.

    The COAF annual awards dinners have raised more than $8.5 million
    since 2001, placing funding emphasis on the Model Village project,
    the first such program ever to be undertaken. The project has been
    recognized by international aid agencies, such as the United Nations
    Development Programme and the World Bank, as an exemplary template of
    sustainable development throughout the world.

    About COAF

    Founded in 2000, the Children of Armenia Fund is an independent,
    nonprofit, nongovernmental organization (501(c)(3). COAF seeks to
    reverse the impoverished conditions affecting significant numbers of
    Armenia's children by revitalizing Armenia's villages and
    implementing projects that provide immediate and sustainable benefits
    to children and youth.


    Contacts
    For Children of Armenia Fund
    Sunny Uberoi, 212-994-8206
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