Hurricane Sandy caused more than $42 billion in destruction. Many lives were lost and people left homeless. So the $50 million relief from the recent “12-12-12” Sandy benefit concert is more than welcome.
Although the organizers of the star-studded concert have yet to announce the total amount raised, they have said that the first installment of donations is ready to be distributed, according to Rolling Stone magazine.
The fundraiser for The Robin Hood Relief Fund included performances at New York’s Madison Square Garden by Kanye West, Alicia Keys, the Rolling Stones, Bruce Springsteen and the E Street Band, Bon Jovi, Billy Joel, the Who and Paul McCartney. The concert was broadcast on a number of television stations.
The money will go to various groups aiding victims of the late October storm that devastated parts of New York, New Jersey, and Connecticut, the Los Angeles Times reports. Money was raised not only through ticket sales but also sponsorships, merchandise, telephone and Internet donations, as well as online auctions of memorabilia and advance orders of a forthcoming live album, which hit number one on iTunes as a pre-order. In all, two billion people were said to have had access to viewing the event.
“The money raised to date is going right to hundreds of organizations in the tri-state area serving those who need it most,” said David Saltzman, executive director of Robin Hood Foundation, in a statement. “Robin Hood has already begun granting the funds for Sandy relief. We are continuing to raise funds through various ongoing sales opportunities and donations and we urge people to continue to contribute.”