New Donations Pour In for King Memorial
August 13, 2008 | Read Time: 1 minute
The planned Martin Luther King Jr. national memorial, to be built in Washington, D.C., has received a flurry of new donations that bring the total raised to nearly $99-million, reports Cox News Service.
Among the recent contributions are a $3-million gift from the Bill & Melinda Gates Foundation and a $1-million gift from the John S. and James L. Knight Foundation, in Miami. Meanwhile, the project’s budget has increased from $100-million to $120-million due to rising expenses, the news agency reports.
The memorial, which will take 18 to 20 months to construct, will be located on the National Mall’s Tidal Basin between the Lincoln and Jefferson Memorials.
