Overview 1998 — 2002

Over the past five years, our 4.6 acre Fort Des Moines Memorial Park & Education Center has moved toward becoming the unique international attraction we envisioned in 1998. Construction (rehabilitation) began in November 2000 on our 20,000 sq. ft. museum (bldg.46) and the Chapel (bldg.49) at Fort Des Moines. Under Phase I, our museum received a new roof, new windows, gutters and was cleaned of debris and hazardous materials. The building had been closed since the end of the Vietnam War in 1975. Under Phase II, which began this fall, the porches are being reattached and the mechanical systems (heat, cooling, etc.) installed. Phase 3, set to begin in summer 2003, will include the exterior construction including the park landscaping, monument, reflecting pool and museum interior finishing and exhibit development.

Board Development

Our Advisory Board lost General Colin Powell, who resigned to pursue his new duties as Secretary of State after three years of service, but gained WWII Tuskegee Airman and Des Moines native Luther H. Smith who flew 133 combat missions and survived serious injury and captivity by Nazi Germany.

Business Agenda 2003-2004

The continued focus of activity will be fundraising, public and private sector partnerships and exhibit and programming development toward our summer 2004 dedication. Major corporate sponsors for the overall park and naming rights for the various sections will be secured and increased public awareness will be achieved through PSA driven media campaigns and public appearances.

Financial Summary 2002

At the end of fiscal year 2002, including indirect funds from the United States Congress, we are nearing our $20 million construction and operations goal after 60 months of activity. Contributions are tax deductible as allowed by law to our IRS 501c3 non-profit Iowa corporation.

Captains graduate with commissions in hand, 15 October 1917.