Tuesday, August 29, 2006
General Electric Donates $1 million to MLK Memorial
GE is a great company. And this is a great donation. It puts the memorial fund at $63 million. They need $66 million to obtain a building permit for the $100 million memorial. The 4-acre memorial will be located across the Tidal Basin and north of the FDR Memorial. There will be a 30-foot statue of King in the middle of the memorial. Congress authorized construction of the site in 1996. General Motors, Pepsi, Exxon-Mobil and other large companies have contributed to the memorial.