Alamo foundation fails to meet fundraising goals
DALLAS (AP) - A foundation that had planned to create a $400 million endowment to help the Alamo has disbanded within a year of announcing its plans.
The Dallas Morning News reported Wednesday that Patti Atkins, the Daughters of the Republic of Texas' president general, said the foundation's leader was suspending fundraising indefinitely. Atkins says it is unclear if the foundation will restart fundraising when economic conditions improve.
The foundation was technically separate from but endorsed by the Daughters of the Republic of Texas, a century-old group that oversees the historic Alamo grounds in downtown San Antonio.
Atkins says the group's other fundraising efforts, including a $60 million capital drive, remain strong.