February 5, 2004
Salvation Army Receives $1.5-Billion Donation From McDonald's Heiress
In one of the largest gifts ever to a charity, the estate of Joan B. Kroc, the McDonald's heiress, announced that it plans to give more than $1.5-billion to the Salvation Army.
The bequest, which represents 75 percent of the estimated $2-billion estate of Mrs. Kroc, who died of brain cancer in October, stipulates that half the money go toward the construction of 30 to 50 recreational and educational facilities across the country. The other half of the money must be put into an
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