The Walt Disney Co. Foundation adds to 'Dream' - PRNewswire March 1, 2006
The Walt Disney Company Foundation Donates $2.5 Million Toward Building of Martin Luther King, Jr. National Memorial
$10 Million Congressional Match Achieved - Lifts Fundraising to $57 Million
LOS ANGELES, March 1 /PRNewswire/ -- The Walt Disney Company Foundation led a Hollywood effort to raise awareness and financial backing for the building of the Martin Luther King, Jr., National Memorial by donating $2.5 million and underwriting the "Dream Dinner" fundraiser last night, announced Harry E. Johnson, Sr., President and CEO of the Washington, D.C., Martin Luther King, Jr. National Memorial Project Foundation, Inc. With $47 million now raised by the foundation, a Congressional match kicks in that brings the total to $57 million of the $100 million needed for the project.
The Walt Disney Company President and Chief Executive Officer Bob Iger, chair of the dinner, said: "Everyone can do his or her part to help make sure this great man's legacy will do more than endure, but will grow, and that Martin Luther King, Jr.'s story will be known and inspire generations to come. That is why it is my privilege and honor to present a $2.5 million check from The Walt Disney Company Foundation that will go towards realizing the dream of this magnificent memorial."