The Travelers Companies Inc. has donated $1.25 million to theMartin Luther King Jr. National Memorial Project Foundation Inc. inWashington, D.C., it was announced.
|The St. Paul, Minn.-based company said the gift will help buildthe four-acre memorial on the National Mall and provide support forKids for King, an educational outreach program to schoolsthroughout the country that will culminate with the dedication ofthe memorial in 2010.
|"I am pleased to welcome Travelers to the list of supporters tothe Martin Luther King Jr. National Memorial," Harry E. JohnsonSr., president and chief executive officer of the MemorialFoundation, said in a statement.
|"Now is the time to make history; now is the time for othercorporations and all Americans to follow in the footsteps ofTravelers, to play a role in building a lasting memorial to Dr.King and the ideals of hope, democracy, love and peace for which hestood," Mr. Johnson said.
|"Travelers is proud to support the creation of the Martin LutherKing Jr. National Memorial," said Jay Fishman, Travelers chairmanand chief executive officer.
|In addition to Travelers, a list of 40 major donors to thefoundation includes insurers State Farm Insurance, AFLAC, CIGNA,MetLife Foundation and Prudential Financial Inc.
|The memorial honoring Dr. King will be built on the NationalMall, situated adjacent to the Franklin Delano Roosevelt Memorialand in a direct line between the Lincoln and Jefferson Memorials.Congress passed Joint Resolutions in 1996 authorizing establishmentof the memorial. It is expected to be completed in 2010.
|Information about the memorial is online atwww.buildthedream.org.
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