Plans to erect a statue of Susan B. Anthony and Elizabeth Cady Stanton in New York City’s Central Park advanced a step this week with the donation of $500,000 from the New York Life Insurance Co.
The total budget for the project is $1.5 million, with the New York Life donation serving as a challenge grant used to match contributions from other donors up to $500,000.
"New York Life is pleased to join The Statue Fund in honoring women in history. In addition to our commitment to diversity and women’s issues, this grant was appealing to us due to the proud historic relationship New York Life had with the Anthony family,” said Heather Nesle, president of the New York Life Foundation.
Susan B. Anthony’s father and several male relatives were New York Life agents, and Anthony used money from her New York Life insurance policy to guarantee that women students would be admitted to the University of Rochester, Nesle said.
“The Stanton and Anthony Woman Suffrage Movement Monument will ensure that many of the 42 million people who visit Central Park each year will become more aware of a history that fully and fairly includes the vast and varied roles women have played in it,” said Pam Elam, president of the Elizabeth Cady Stanton and Susan B. Anthony Statue Fund Inc.
The New York City Parks Department has approved both the proposal for a statue with the two figures of Stanton and Anthony and the names of other suffragists included in the design as well as the statue location in Central Park.
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