$21.5 Million Raised With Stamps.The United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Postal Service postal service, arrangements made by a government for the transmission of letters, packages, and periodicals, and for related services. Early courier systems for government use were organized in the Persian Empire under Cyrus, in the Roman Empire, and in medieval has collected $21.5 million for breast cancer research over the past two-plus years by selling a fundraising postage stamp postage stamp, government stamp affixed to mail to indicate payment of postage. The term includes stamps printed or embossed on postcards and envelopes as well as the adhesive labels. . And with another year of selling to go, a lot more money is expected to roll in. The first-ever USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. stamp called a semipostal, sells for 40 cent, with the 6 cents more than the 34-cent first class rate benefiting two breast cancer research. Seventy percent of net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). are going to the National institutes of Health in Bethesda, Md., and 30 percent will go towards the Medical Research Program of the Department of Defense. As per an act of legislation some of the net proceeds goes towards administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. . The NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. and the Medical Research Program of the DoD, which both conduct breast cancer research, were identified as recipients of the funds back in 1997. As of the end of July, some 312.7 million semipostal stamps have been purchased, according to Don Smeraldi, spokesperson for USPS. More than 400 million stamps have been printed. "Our initial thought was if we sell out of our print run of these things back in 1998 we could potentially raise $16 million," noted Smeraldi. The stamp bears the words USA and First-Class and the background of the vertically formatted stamp design features overlapping areas of pastel blue, yellow, orange and green. The top of the stamp bears the words BREAST CANCER and a black line depicting a female figure suggesting the "goddess of the hunt or fight" is another key element of the stamp. The phrases "FUND THE FIGHT. FIND A CURE." appear across the stamp in a clockwise, circular pattern, outlining where the figure's right breast would be. The USPS accepted proposals for its next semipostal stamp until the August 31 deadline. The new stamp, which Smeraldi said could raise money for any nonprofit cause, will be available next July and run through 2004. |
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