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CRAZY
HORSE – “As we approach 60 years of carving the mountain, this is an absolutely
wonderful way to celebrate and to help continue our progress,” exclaimed Ruth
Ziolkowski, President/CEO of the Crazy Horse Memorial Foundation, at the
Thursday, Dec. 20, press conference announcing a $5 million dollar matching
gift.
“This
very generous challenge grant will help advance the dream started by Korczak and
Henry Standing Bear.” The gift is being given by the T. Denny Sanford
Foundation. Sanford is a well-known philanthropist whose generosity has left
imprints all across South Dakota. (See a brief profile of Mr. Sanford
here.)
The $5
million Sanford Challenge Grant matches 100% of every dollar donated,
effectively doubling a donor’s gift. The net result of this matching gift will
be $10 million dollars for work on the mountain to accelerate the
progress. “Crazy Horse remains committed to Korczak’s founding principle of
creating this Memorial without any government tax dollars and the generosity of
Mr. Sanford is right in line with that philosophy,” Mrs. Ziolkowski said.
“South
Dakota has been good to me and it’s time to give back – and I’m doing that
through Crazy Horse. I have long admired the years of dedication and hard, hard
work by the family and their passion for Crazy Horse,” Sanford said.
The
first million of the match has already been raised, giving the foundation a
strong start. There is a four-year time limit to raise the remaining $4 million
and the clock started ticking on Oct. 1, 2007. Gifts-in-kind, such as equipment
for the mountain, can be used for the match.
The
gift is exclusively to accelerate work on the horse’s head. This will be
accomplished by hiring more workers, upgrading and expanding the line of
equipment and advanced technology.
This
is the largest gift in the project’s 60-year history. The previous largest gift
was $1.7 million by Illinois businessman Gerald Forsythe.
Crazy Horse Memorial is
a nonprofit, educational and cultural project honoring American Indians. The
massive mountain carving now in progress is 641 feet long and 563 feet high and
is being carved three dimensionally in the round. The 60th
anniversary of the first blast on the mountain will be celebrated on June 3,
2008.
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