Madeleine McCann remains missing after 254 days.
The Telegraph reported earlier this week that the ‘Madeleine’s Fund : Leaving No Stone Unturned ‘ may be in need of further donations. There has been £1,223,629.31 or $2,428,168 raised to date. It is difficult to comprehend how she remains missing with the amount of publicity her disappearance has received and the resources devoted to finding her.
Metodo 3, may not have its contract renewed Costing £50,000 a month, they are nearing the end of their six month contract.
At a meeting on Thursday, the Fund agreed to raise money for the fund, which currently sits at £600,000 but which faces running dry by late summer unless it receives a cash injection, by exploiting more media opportunities.
There has been no public release of how the funds have been spent. As of August it was estimated only £67,000 or $131,169 of the Find Madeleine Fund had been spent. In September 2007 they did authorize a new awareness campaign.
LONDON — The family of missing 4-year-old Madeleine McCann said Saturday it was planning a 80,000 pound (US$160,000, euro115,000) advertising campaign urging people to keep looking for the girl despite the media’s focus on her parents becoming suspects in Portugal.
‘Madeleine’s Fund : Leaving No Stone Unturned ‘
Statement from the Board of Madeleine’s Fund- Leaving No Stone Unturned 09 January 2008 BEGINS‘There was a scheduled board meeting of Madeleine’s Fund today. We have reached a new longer- term phase in the search for Madeleine and we have reviewed how effective our Fund has been in pursuing its objectives. We agreed to continue our funding of the investigation to find Madeleine and we have decided to look at further media opportunities to support our search. To that end, we have invited two new directors to replace the two who stepped down, for business and personal reasons, We, together with Kate and Gerry McCann, extend our thanks to Esther and Phillip for their hard work and continuing support. We welcome Edward Smethurst and Jon Corner to the board to lend their expertise in commercial law and media.”