Reagan endowment hits milestone
February 6th, 2011
11:41 AM ET
7 years ago

Reagan endowment hits milestone

(CNN) - The Ronald Reagan Presidential Foundation passed its $100 million endowment goal Sunday on the late president's 100th birthday.

The milestone is the culmination of over two years of fundraising to ensure the work of the Foundation continues "in perpetuity," according to a press release.

"We couldn't have asked for a better present on President Reagan's 100th birthday," Frederick Ryan, Chairman of the Board of Trustees of the Ronald Reagan Presidential Foundation said. "It is clearly a testament to the fact that one man can make a difference."

In a statement, John Heubusch, executive director of the foundation said the funds will ensure that the "next generation of leaders has the opportunity to learn about President Reagan," as well as maintain and expand the Reagan Foundation and Library.

Sunday's celebrations will include keynote remarks by former Secretary of State James Baker, a 21-gun salute, an F-18 flyover and the official laying of the presidential wreath on Reagan's memorial site.

Filed under: Ronald Reagan
soundoff (13 Responses)
  1. John Hawley

    Lets hear it for the Gipper!

    February 6, 2011 11:53 am at 11:53 am |
  2. Clwyd

    Use some of the money to have pre-Alzheimer's medical check ups for these new leaders so we don't get the nut cases now in office for the republicans!

    February 6, 2011 11:59 am at 11:59 am |
  3. skeptic

    Ronald Reagen just about destroyed the unions in this country. He even betrayed the actors union that he belonged to as an actor! His administration hurt millions of people. The working person stuggled terrible in his reign of power. Just like the republicans are getting ready to repeat!!!!! Hold on working people!

    February 6, 2011 12:01 pm at 12:01 pm |
  4. Monster Zero

    Wow, two years to get to 100 million for Reagan and two years to get to 14 trillion for US taxpayers....
    Change the Change in 2012!

    February 6, 2011 12:07 pm at 12:07 pm |
  5. GonzoinHouston

    When you consider the way Reagan's record has been distorted and re-written in just 30 years, it makes you wonder about what we teach about religious leaders from many centuries past.

    February 6, 2011 12:18 pm at 12:18 pm |
  6. Indy

    Maybe some of these funds could be used to buy Sideshow Sarah a clue ?

    February 6, 2011 12:23 pm at 12:23 pm |
  7. ThinkAgain

    "In a statement, John Heubusch, executive director of the foundation said the funds will ensure that the "next generation of leaders has the opportunity to learn about President Reagan ..."

    Will this learning include these facts:

    1. Reagan raised taxes several times during his presidency.
    2. Reagan granted amnesty to illegal aliens.
    3. Reagan cut and run after 247 Marines were killed by a suicide bomber in Lebanon. Instead of attacking the terrorists who did this, Reagan left without firing a shot.

    Just wondering if the rightwingers have the guts to tell the truth about a man who wouldn't even be allowed in the GOP today!

    February 6, 2011 12:26 pm at 12:26 pm |
  8. Chris

    That means Republicans can keep expading on the myth they created about Reagan that has absolutely nothing to do with the real man. And also perpetuate Reagan's idea on "trickle down economics" which have, more than anything else, helped to destroy the economy, raise the deficit, and increase the chasm between the haves and the have nots in this country.

    February 6, 2011 12:28 pm at 12:28 pm |
  9. trucknutz

    You know what else just hit a milestone? The MSM glorification of America's biggest pustules. His policies nearly destroyed this country. And he did it without even being aware of it. Comeon CNN, quit courting the baggers and GOP. They'll always hate you.

    February 6, 2011 12:34 pm at 12:34 pm |
  10. vic nashville tn

    We miss Ronald Reagan, real republican miss him so much. Republican party doesn’t know how to manage Sarah Palin

    Past 30 years any problems in Middle East first call we make to Hosni Mubarak he is in trouble it’s really hard to take any decision Sarah Palin 3 am call comment doesn’t reflect Reagan republicans

    February 6, 2011 12:34 pm at 12:34 pm |
  11. Claudia, Houston, Tx

    Palin didn't know who was sleeping in her own house with her daughter at 3am but she jokes about President Obama not answering the phone at 3am. Yes, if Palin can throw a low blow then it's time for us to go there too.

    February 6, 2011 12:46 pm at 12:46 pm |
  12. Len

    We admire President Reagan because he held the office of President and we should respect that office. But let us be honest, the conservative movement has created a myth about his presidency.
    1. 1981 tax cuts for big business and middle class.
    2. Largest tax increase in American history in 1982. Did increase taxes on big business. Middle class tax increase. Reason: "stating the 1981 tax cut went to far."
    3. Saving and Loan scandal
    4. Iran-Contra illegal sale of guns.
    5. De-regulation...No oversite.
    6. Policy of "Borrow and Spend" increased our Federal Debt.
    7. Cut social program spending for the middle class.
    We need to know the facts. He did negogiate with the Russians and signed the first START TREATY . Cutting nuclear weapons.

    Do not get upset with Sarah Palin...She is a non-issue.

    February 6, 2011 01:11 pm at 1:11 pm |
  13. Len

    Correction on #2..... Did NOT raise taxes on big business...just middle class in 1982.

    February 6, 2011 01:13 pm at 1:13 pm |