Paros Foundation's 100 For 100 Projects For Prosperıty

Berkeley, CA—The Paros Foundation's 100 for 100 Projects for Prosperity initiative provides the Armenian community with the opportunity to recognize the centennial of the Armenian Genocide through the implementation of pre-screened projects benefiting Armenia. We are pleased to announce that we are scheduled to meet the goal by the end of 2015.

Status Report as of April 24, 2014

54 projects completed or in progress

49 projects identified and awaiting sponsorship

139 jobs created

427 individual, family and organizational donors

493 villages, towns and cities impacted

89,834 lives improved

$239,840 cash contributions

$752,550 in-kind contributions

100% of administrative and implementation costs paid by the Paros Foundation

In 2013, several important projects were successfully completed including the purchase of a home for a homeless family in Gyumri, the renovation of the medical centers in both the villages of Nerkin Karmir Aghpyur and Agarak, and the renovation of five school classrooms and the bathroom in the village of Hatsik. In addition to these restoration projects, other accomplishments included providing college scholarships for orphan girls, college entrance exam tutoring for at risk children and the distribution of more than 50,000 shoes throughout Armenia and Artsakh.

2013 came to a close with 14 projects "in progress" including the reconstruction of the kindergarten in the village of Nerkin Karmir Aghpyur, the reconstruction of the Kurtan Medical Center and the Healthy Teeth and Winter Boot humanitarian initiatives.

"With the sponsorship of so many generous individuals, families and organizations across the country, our work in Armenia is progressing at a healthy pace," said Peter Abajian, Executive Director of The Paros Foundation. "The impact of the 54 projects now in progress or completed is being felt throughout Armenia and Artsakh in a way that positively honors the memory of our martyrs."

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Please consider becoming a sponsor of a project to commemorate the centennial of the Armenian Genocide by contributing today. 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. 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 organization, 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.

Pete Abajian [peter@paros-foundation.org]