Wednesday, January 21

THE STRINGS...
(Wednesday) The billion dollar-plus gift that the Salvation Army accepted yesterday isn't enough to do what is mandated by the giver. But based on the Salvation Army's experience running the Ray and Joan Kroc Corps Community Center in San Diego, which Mrs. Kroc paid for with $92 million and opened in 2002, that will cover only 40 percent to 50 percent of the total operating costs of the centers, Commissioner Bassett estimated.

That means the Army may have to raise as much as $70 million annually to cover operations when all the centers are built in 10 to 15 years, Major Hood said.
NY Times article (You may have to do the free registration thing)

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