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.