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PT Boat Forum
Moderated by:
Dick
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Jeff D
The PT Boat Forum
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PT Boats of WWII
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PT Boats - General
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[StartQuote] After 7 years of restoration (in 2013) the CEO of the World War II Museum, in New Orleans, estimated the 305 would cost over $1,000,000 in cash and volunteer labor and donated materials, parts and equipment at a value of $5,000,000. As I understand the actual numbers after the ten year restoration project, these numbers are higher. The proud 305 took a small army of volunteers dedicating their time and tools for ten years - a big commitment. As an added bonus, the 305 had in its favor the backing of a $200,000,000 operation, The World War II Museum, New Orleans. In or after April of 2017 the museum will be offering a tour of the boat for $15 and boat rides for $350, No children under 12 years old will be allowed on the boat. As a second thought, merely ask Jerry about the high cost of restoration (the 658), which still continues today and will continue for its life. Just the continued overhead costs everyday, as well as all of the volunteer labor and specially the volunteer management of the project, results in a full time venture just to find cash donations to keep the Heritage running and funds for modifications as they arrive. PT Boats Inc. (HQ) spent over a $1,000,000 in the mid 1980's to restore their first Elco, in todays (2016) dollars that would be at least $2,246,201, The same occurred with their second boat in the early 1990's. Fortunately they had an organization of over 10,000 dedicated vets and members that funded the restoration as as well as thousands of volunteer labor hours and donated materials and equipment. Even today, from time to time they have to create fund drives just to manage boat issues alone. If you want something done you first have to be honest and realistict about the costs, then find a dedicated Board of Directors, management staff, attorneys, cost accountant and a CPA just to create and run the Non-Profit organization alone. The way you get others to [b]"Get off their hands"[/b] is for you guys to first [b]"Get off your hands"[/b] and just maybe other members of this board will follow. I can probably manage to spare the $25.00 out my retirement funds, but at pushing 70 years old not much more. I was in business for myself for over 45 years. In those years I have founded, purchase and/or partnered many businesses including my beloved graphic design firm (Graphic Dimensions), Printers Ink a 56 employee printing company, Pegasus Sporting Goods a sporting goods manufacturing company, Aomori Marketing USA a cross country ski company, Red-Eye 100 a targeting system, Soccer by the Sea, GDI an Army aviation ground support equipment design and manufacturing firm and way back in the 80's Home Computer Concepts. The point of all of this is simple, with all these businesses, money is an issue, management/supervision is an issue, overhead is an issue, legal is an issue, accounting and taxes an issue, employees are an issue, volunteer workers an issue, tools and equipment an issue, business/liability/umbrella insurances and issue, OSHA an issue ,Federal/State/County/City regulations and licenses an issue, environmental disposal is an issue, so on and so on. The thought of grants be given out is merely a "Pipe Dream", it takes a whole lot more than a business plan - it simply cost money to get money - nothing is free and/or easy. This is just this old man's personal thought and experience, I wish all the luck needed for Dave and ThePTBoater in their PT Boat restoration dreams. As you say the two of you will have to [b]"Get off your hands"[/b] and pony up some big bucks and a lot of time, the PT Boat fanatical membership on this board aren't going to do it for you. Let me know when you have your 503(c) up and running and I will mail out my $25 immediately. Take care, Dick . . . . . [EndQuote]
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