PRESS RELEASE
Project Carry Forward Surpasses $300,000 Fundraising Goal
May 13th, 2021
Project Carry Forward began its journey on November 24, 2021 with a goal to support the most vulnerable populations in Vietnam affected by COVID-19. In just three months, the campaign received tremendous attention from global partners, philanthropists and corporate leader networks, all of whom joined forces to uplift children and students in need of help. As we near the end of this campaign, we are both proud and humbled to make the following announcement: PROJECT CARRY FORWARD exceeded it fundraising target of $300,000. Donations as of February 28, 2022 total $304,158.
Project Carry Forward is a fundraiser jointly organized by five nonprofit organizations along with several prominent Vietnamese-American entrepreneurs in the U.S and Vietnam. Working with on-the-ground organizations in Vietnam, this campaign is providing children in need with financial, emotional, and educational support.
Source: carryforwardvietnam.org
To support these vulnerable populations, VietChallenge, STEAM for Vietnam, VietSeeds, Stay Strong Saigon and VietBay worked together with three prominent U.S entrepreneurs: Kendrick Nguyen (Republic), Danny Duong (California Waste Solutions), and Khanh Duy Nguyen (SSI & PAN Group). Together, we focused on providing aid packages to three major target groups: (a) children orphaned during COVID-19; (b) students who lack access to technologies for remote learning; and (c) students who cannot access higher education due to financial hardships exacerbated by COVID-19.
Project Carry Forward’s journey included several milestones:
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November 24, 2021: We announced the campaign and launched the website carryforwardvietnam.org. We began accepting public donations via GoFundMe, Paypal and Crypto Wallet.
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December 4, 2021: More than $55,000 was raised for Project Carry Forward during VietChallenge’s Final Round in New York City. During the event, Mr. Cuong Do (M6P Therapeutics, Ex Global Samsung Director) announced that he would be matching donations up to $25,000. VietChallenge 2021 Winner GreenJoy, donated ⅓ of their prize money.
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February 15, 2022: Private Dinner and NFT Auction event in Hanoi raised nearly $20,000.
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February 28, 2022: Campaign closed on a high note with donations totaling $304,158. The donations break down as follows:
$58,000 received from the project's GoFundMe page.
$37,000 received and converted from Crypto donations.
$148,800 received from Carry Forward's networks and corporate leaders.
570,339,000 VND (approximately $25,000) received via Vietnam Bank Transfer.
$10,400 collected from the auction of NFT paintings on February 15.
From March 2022 and beyond: Disbursement of donations have begun. Distributions will be made in the form of scholarships, financial assistance packages, and Chromebook devices to help children and students rebuild and better their lives. As of May 2022, Chromebook devices are ready to be distributed to children in need. A small portion of the pledged amounts is under collection and will soon be delivered the target groups.
Project Carry Forward expresses our sincerest appreciation and gratitude for the partnership with and contributions from so many individuals, global partners, philanthropists and corporate leaders. This campaign’s success reflects the level of compassion in our community, coming together as it has to uplift Vietnamese children and students affected by COVID-19.
To learn more about Project Carry Forward or to make a donation, visit: https://www.carryforwardvietnam.org/.
The list of individual and corporate donors, as well as methods of donation to support Project Carry Forward can be found here:
NFT Artworks by Vietnamese artists auctioned at Carry Forward's Private Dinner Event
VietChallenge 2021 Winner GreenJoy donated $5,000 from their winning prize.