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WORLD TRADE CENTER MEMORIAL

February 27, 2006

The World Trade Center Memorial Foundation’s fund-raising efforts have stalled amid a long search for a chief executive and staff members, a political fight over a cultural center on the site, and a pause in appeals after Hurricane Katrina, reports The New York Times. The group says it has raised $102.3-million from private sources, the same number it provided in November. It hopes to collect $500-million by September 11, 2009, when the memorial is scheduled to open. The foundation has also received $200-million in federal money.