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Taiwan Pledges $1 Million to Help Build Eisenhower Memorial

WASHINGTON (AP) — Taiwan is pledging $1 million to help build a memorial honoring President Dwight D. Eisenhower in Washington as the memorial project begins a fundraising campaign to complete the monument.  The gift announced today (TUE) marks a critical phase for the Eisenhower Memorial. Organizers must determine whether they can raise the money needed to build the monument. They hope to raise at least $20 million privately and build support in Congress for additional funding.  The project has been in the planning stages for 15 years. Last week, the memorial won final approval for its design, despite criticism from Eisenhower family members.  Congress already appropriated $60 million for design and planning. President Obama's 2016 budget proposal included $68 million more for construction. But lawmakers in Congress have not yet approved any funding.

 

The AP is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, as a not-for-profit news cooperative owned by its American newspaper and broadcast members, it can maintain its single-minded focus on newsgathering and its commitment to the highest standards of objective, accurate journalism.