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November 11, 2015

U.S. Corporate Support Lacking for Korean War Memorial

The charity that maintains the National Mall monument to Korean War veterans says it is getting no backing from the big U.S. companies that typically support such memorials and is relying instead on Korean firms, The New York Times reports.

The Korean War Veterans Memorial Foundation is mounting a $5 million campaign to set up a maintenance fund for the monument and build a Wall of Remembrance listing the more than 36,000 Americans killed in what has been termed by historians "the forgotten war."

Electronics firm Samsung has pledged $1 million to the fund and car maker Hyundai has also made a donation, but foundation Chairman William E. Weber, a retired U.S. Army colonel and Korean War veteran, said no American corporation has backed the group. Major U.S. companies have been primary supporters for the Vietnam Veterans Memorial and the National World War II Memorial on the Mall, the Times writes.