This week DC unveiled the first non-presidential statue of an individual, the famous Dr. King. The unveiling brought in a modest crowed and a ton of press. Dr. King stood for liberty and equality for everyone, his family stands to gain a ton of dough from his words.
The Rev. Martin Luther King Jr.’s family has charged the foundation building a monument to the civil-rights leader on the National Mall about $800,000 to use his words and image — and at least one scholar thinks that Dr. King would find such an arrangement offensive.
The memorial is being paid for almost entirely through a fund-raising campaign led by the Martin Luther King Jr. National Memorial Project Foundation.
“I don’t think the Jefferson family, the Lincoln family [or] any other group of family ancestors has been paid a licensing fee for a memorial in Washington,” said Cambridge University historian David Garrow, author of a Pulitzer Prize-winning biography of Dr. King. “. . . [He would've been] absolutely scandalized.”
Financial documents revealed that the foundation paid $761,160 in 2007 to Intellectual Properties Management Inc., an entity run by the King family. They also showed that a $71,700 “management” fee was paid to the family estate in 2003.
I wonder how much of that is going to find its way into the United College Negro fund?