Heroes of 2001 Semipostal
On June 7, 2002, the USPS issued the Heroes of 2001 Semipostal stamp.
Following the September 11 terrorist attacks, many people wanted to help the families of those emergency workers who were killed or critically injured responding to the attacks. On November 12, 2001, Congress passed the 9/11 Heroes Stamp Act of 2001. The act permitted the USPS to produce a Semipostal stamp to raise money for these families.
The stamp artwork was based on a photo taken by photographer Thomas Franklin of three weary firefighters raising a flag over the rubble that had been the World Trade Center. The stamp covered the 34¢ first-class postage rate and included an 11¢ surcharge that would be deposited into a fund for the families.
The stamp went on sale on June 7, 2002. The First Day of Issue ceremony was held on the Lawn at Battery Park in New York City. The ceremony included a presentation of colors as well as speeches by the governor of New York, the secretary of Housing and Urban Development, and several senators.
The stamp remained on sale through December 2004, with a total of 133 million being sold. During the two-plus years it was on sale, the stamp raised $10,565,073. The money raised was given to the Federal Emergency Management Agency (FEMA), which would then distribute the funds to the families of emergency responders killed or disabled during the 9/11 attacks on New York, the Pentagon, and Shanksville, Pennsylvania. About 1,000 people or families were eligible to receive aid, and each received about $10,000.
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If 133,000,000 we’re sold with 11¢ each going into the fund, that would equal $14,630,000 raised. Where did the difference of $4,064,927 go? Also if 1000 received $10,000 each that would equal $10,000,000. Where did the difference of $565,073 go? But we have to consider the word … about… that costly word, about.
As someone has already pointed out, the math doesn’t add up! My question is, why didn’t they continue selling the stamps longer? Look how long they sold the Breast Cancer semi-postal. I would think that these first responders’ lives and families are just as important.
In your calculator you need to enter ABOUT 10,000 dollars and ABOUT 1,000 recipients
In any fund raiser, there will always be a certain amount not accounted for.
Some if not most, ends in the hands of those that take advantage for their own personal gain.
As with the Clinton Foundation that had 100s of millions unaccounted for or accounted poorly when it closed shop after Hillary’s unsuccessful Presidential bid.
The Foundation is active. What is your source saying it is closed?