Part of funds raised at 121212 Concert ready for release

MANILA, Philippines – Part of the money that was raised at the 121212 Concert for Sandy Relief is ready to be distributed, according to a report in Rolling Stone.

While The Robin Hood Foundation has yet to disclose the total amount raised at the concert, the first US$ 50-M is ready for the groups that are helping out victims of the hurricane that hit the tri-state towards the end of October. Parts of New York, New Jersey and Connecticut were devastated.

“The money raised to date is going right to hundreds of organizations in the tri-state area serving those who need it most,” said a statement released by David Saltzman, executive director of Robin Hood Foundation.

“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.”

The money was partly raised from ticket sales for the concert that saw music legends Sir Paul McCartney, Rolling Stones, The Who, Billy Joel, Bon Jovi and Bruce Springsteen perform alongside contemporary stars Alicia Keys, Jimmy Fallon and Coldplay’s Chris Martin, among others, on December 12.

Surviving members of grunge band Nirvana performed with McCartney. Adam Sandler and Sean Lennon were among the celebrities who made an appearance.

The concert, dubbed “the biggest fundraiser ever,” was streamed live in various websites, including Rappler.com.

Other funds came from sponsorships, donations and auctions of signed memorabilia. According to Rolling Stone, an album reported live at the concert is “forthcoming.” For more information, visit the 121212 Concert’s official website.

Here are some photos from the official 121212 Concert page on Facebook:

Watch Sir Paul McCartney perform ‘Cut Me Some Slack’ with Nirvana here:

– Rappler.com