The Numbers Are In: More Than $400 Million Was Raised For Hurricane Sandy Relief
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When all else (Congress) fails to raise monies for those devastated by Hurricane Sandy, it's rewarding to see ordinary citizens donate a little extra to the cause. And even more rewarding when that little extra amounts to nearly half a billion dollars.
A month ago, we reported on Attorney General Eric Schneiderman's campaign to apply transparency to charitable organizations. The mission was simple: non-profit groups collecting enormous sums of relief money would be accountable for their actions, ensuring that this relief money was only falling into the hands of Hurricane victims. In order to do so, Schneiderman shot out surveys to these subjects, demanding financial disclosure. Now, just weeks later, we're starting to see the results trickle in from this open-door policy.
Eighty-eight organizations responded to the AG Charities Bureau's requests. In total, the amounts disclosed equal give or take $407 million. Five charities alone made up about $330 million of this grand relief prize while eighty-three smaller charities patched up the remaining $77 million.
Although the relief package struggling to get passed in Congress clocks in at $60.4 billion, this is a damn fine place to start.
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