Volkswagen of America, Inc. Invests $10 Million in National Mall Restoration
Donation Will Help Fund Sustainable Renovation of Iconic National
WASHINGTON, DC -- (Marketwired) -- 05/02/13 -- The Trust for the
National Mall, the official non-profit partner of the National Park
Service for restoring and improving the National Mall, today
announced a gift of $10 million from Volkswagen of America, Inc. The
donation, which will be granted over a five-year period, is designed
to sustain and advance efforts to preserve and protect America's most
visited national park.
"There are few places that can educate and inspire people like the
National Mall," said Jonathan Browning, President and CEO, Volkswagen
Group of America. "But America's most visited national park is also a
treasure that's in dire need of help if we want to preserve it for
future generations. Working with the Trust for the National Mall,
we're excited to roll out a program with both national and grassroots
initiatives aimed at connecting people from all over to join the
cause of preserving and protecting America's Front Yard."
Each year, the National Mall hosts about 25 million visitors -- more
than Yosemite, the Grand Canyon and Yellowstone combined. Conceived
more than two centuries ago and largely built almost 100 years ago,
the National Mall wasn't designed to accommodate its current level of
use. In order to address this, the Department of Interior in 2010
approved the National Mall Plan, which outlines a future vision of
the park that protects its historic landmarks and improves the
visitor experience. To support the $700 million plan, the Trust for
the National Mall is leading a $350 million fundraising campaign and
the federal government will supply the remaining $350 million.
"We're building a once-in-a-generation campaign to realize the first
major restoration of the National Mall in nearly 40 years," notes
Caroline Cunningham, President, Trust for the National Mall. "We are
so grateful to Jonathan and Volkswagen of America for their
pace-setting contribution, which will benefit people from all corners
of the globe and from all walks of life who come here to experience,
learn about and shape the American story."
Volkswagen's $10 million investment in the National Mall will support
the collaborative efforts of the Trust for the National Mall and the
National Park Service to move forward on the National Mall Plan,
starting with the redesign and restoration of Constitution Gardens
and the Washington Monument Grounds at Sylvan Theater, two
high-impact design projects that are based on the winning plans of a
national juried design competition. The first of those two projects
is expected to be substantially completed in 2016, coinciding to mark
the 100th anniversary of the National Park Service.
"The National Mall is one of the most inspiring combinations of
architecture and landscape in the world and stands as a symbol of our
nation," said Bob Vogel, Superintendent of National Mall and Memorial
Parks. "It deserves to reflect the vision of its original designer
and live up to the expectations of our millions of visitors. Today's
tremendous contribution from Volkswagen, along with the donations of
other corporations and private citizens, will get us closer to
achieving our vision of a more functional, beautiful and sustainable
park that respects our historic landscape and structures."
Volkswagen's $10 million donation is not the first gift from the
company for a project on the National Mall. In August 2011,
Volkswagen Group of America made a $1 million contribution to the
Martin Luther King, Jr. National Memorial Project Foundation for the
construction of that memorial.
Mr. Browning is the president and CEO of Volkswagen Group of America.
Under Mr. Browning's leadership, this iconic brand is posting
significant gains in the U.S. market, where sales were up 35 percent
in 2012. Prior to joining Volkswagen, Mr. Browning held numerous
executive sales and marketing posts worldwide at General Motors (GM)
and Ford Motor Company. A native of England, Mr. Browning received
his MBA from Duke University.
Editor's Note: Mr. Browning will be the keynote speaker at the Trust
for the National Mall's Benefit Luncheon later today. The event
begins at 11:30 am on the National Mall (Madison Drive and 13th
About the Trust for the National Mall
The Trust for the National
Mall is the official non-profit partner of the National Park Service
dedicated to restoring and improving the National Mall, while
providing new educational and volunteer opportunities that connect
the park's 25 million annual visitors to the Mall's rich history. For
more information on the Trust for the National Mall, please visit
About Volkswagen of America, Inc.
Founded in 1955, Volkswagen of
America, Inc. is headquartered in Herndon, Virginia. It is a
subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany.
Volkswagen's operations in the United States include research and
development, parts and vehicle processing, parts distribution
centers, sales, marketing and service offices, financial service
centers, and its state-of-the-art manufacturing facility in
Chattanooga, Tennessee. Volkswagen is one of the world's largest
producers of passenger cars and Europe's largest automaker.
Volkswagen sells the Beetle, Eos, Golf, GTI, Jetta, Jetta SportWagen,
Passat, CC, Tiguan, Touareg and Routan vehicles through approximately
600 independent U.S. dealers.
About National Mall and Memorial Parks
National Mall and Memorial
Parks is home to some of America's most iconic structures and
landscapes, including the National Mall, the Washington Monument,
Thomas Jefferson Memorial, the Lincoln Memorial and many other
historic memorials, statues, and urban squares, circles and
triangles, all part of the 401 parks of the National Park Service.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2299642
For the Trust for the National Mall
(202) 407-9413 - O
(917) 679-9585 - C
For Volkswagen Group of America, Inc.
(703) 364-7816 - O
(571) 421-4401 - C
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