Thursday, February 28, 2013
Where the concert money went
From NBC 4:
Some of the biggest names in music, from the Rolling Stones and The Who to Roger Waters and Paul McCartney, came together for the 12-12-12 Concert for Sandy Relief to raise millions of dollars. The money went to its organizer, the nonprofit Robin Hood Foundation, but since then many victims of the storm have been asking where the money went.
To find out, the I-Team analyzed the numbers, interviewed Robin Hood's top executive, and reached out to hundreds of nonprofit organizations that received grants after the concert.
The Robin Hood Foundation has already disbursed $50 million to more than 320 nonprofits in New York, New Jersey and Connecticut, but not all of that money has gone directly to rebuilding homes or into the hands of affected homeowners.
About 54 percent of the concert donations have been designated for housing rehabilitation and relief. The other 46 percent is paying for human services, like counseling, education, health and for reimbursing smaller nonprofits that provided emergency response in the hours and days immediately following the storm.
10 comments:
The other 46 percent is paying for human services, like counseling, education, health and for reimbursing smaller nonprofits that provided emergency response in the hours and days immediately following the storm.
umm - think any of these were politically connected? just thinkin'
like counseling? like where? not any place near where I live.
And who knew there was 320 organizations already existing before October 26, 2012 to help with rebuilding storm-damaged properties?
Unless the look into any improprieties with regard to the "human services" turns up anything I think it looks like Robin Hood did a pretty good job here.
Most of the money will wind up in the "non profits" CEOs bank accounts and in the stock market, with a little snorted up their noses.
Anon No. 5:
Maybe. And maybe the money will go exactly to where it was promised to go. As this article shows, people will pay attention.
Sounds like they got hooded!
So it turns out to have been "The Concert to Benefit 320 Non-profits which claim to have some connection to rebuilding storm-damaged properties".
The disclaimer should read "Transparency and accountability for where this money went may vary according to local conditions.".
I did not benefit in any way from this concert and I live in Rockaway!! my home was flooded.
Anon No. 9:
Did you tell anyone about this?
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