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Pages: my city will need your money [1]
Author Topic: My city will need your money

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2011-02-08 19-01-00

my city will need your money thank you "New Orleans sets up a donations site By Frank Donze Staff writer New Orleans is moving quickly to set up a non-profit corporation that can accept cash contributions, large and small, to help finance the mammoth recovery effort. Describing the project as a work in progress, aides to Mayor Ray Nagin said Tuesday that it is too early to discuss specifics, including a fund-raising goal, how the non-profit will function and exactly what the donations will be spent on. But with offers of aid pouring in from around the globe, city officials said it is imperative to get a mechanism in place to accept the help. “I can’t tell you exactly what the money would be used for,’’ said Nagin spokeswoman Tami Frazier. “But anything we do will be geared toward helping New Orleanians back on their feet, by taking care of whatever their essential needs may be.” City officials said the possibilities include temporary housing assistance, helping small businesses acquire start-up inventory and paying for expert advice on urban planning and economic development. The administration has decided to name the non-profit “America’s New Orleans Fund Inc.’’ Chief Deputy City Attorney Evelyn Pugh, who is coordinating the project, said she hopes to have state approval to establish the fund by Wednesday and set up an account with Chase Bank before the weekend. Once the non-profit is authorized by the Secretary of State’s office, contributions will be accepted at any Chase branch or a post office box the city will designate, Pugh said. The non-profit, to be headed by the mayor, will have a 501 3-C tax classification that makes donations tax deductible. Besides Nagin, plans for the fund to be overseen by his top aides, including Chief Administrative Officer Brenda Hatfield, Chief Financial Officer Reggie Zeno and City Attorney Sherry Landry. Before the city begins to solicit contributions, the administration will publish a “mission statement’’ that outlines the program’s goals and guidelines for how the money will be spent, Frazier said. She added that the city expects millions of dollars to flow in quickly. “So many are contributing already – movie stars, activists, businesses – we think that by establishing a fund that can be specifiy directed to New Orleans assistance, we can help a lot of people,’’ Frazier said."
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