December 10, 2009
A Red Cross Fund-Raising Auction Offers a Window on History
To shore up a $33.5-million deficit, the American Red Cross is cleaning out its closet.
The national headquarters of the nonprofit group is closing a warehouse here that has stored thousands of objects collected during its 128-year history — a move that will save the group $3-million a year.
The nonprofit organization will keep important historic items or give them to the National Archives; the rest are available through an online auction, through which the Red
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