Posted by TheHov at proxy.caris.com on October 31, 2001 at 07:31:49:
The American Red Cross is halting appeals for donations to a fund created to help victims of the September 11 terrorist attacks. The Liberty Fund holds $547 million (£377m) in pledges. New contributions will be deposited in the charity's Disaster Relief Fund, a general account servicing all kinds of emergencies, unless donors specify the money is for the Liberty Fund, said Harold Decker, the organisation's interim chief executive officer. Liberty Fund money also will continue to be held separately from other funds, Decker said, and will be spent on aid to victims' families and other relief efforts arising from the attacks. "That is the way the fund was set up. That is what donors expect," he told reporters. During a weekend meeting of the Red Cross' governing board, Decker was chosen to succeed Bernadine Healy, who resigned, until a committee finds a permanent replacement. Decker said charitable groups that are raising money to help those affected by the terrorist attacks should read nothing into the American Red Cross decision to close the Liberty Fund.
I just found this on the LondonTimes news site...Does this mean the Please Donate to the Red Cross Banner is going to disappear from the board?
Adam