Robin Hood Foundation to Distribute the First $50M of Initial Proceeds for "12-12-12" to Organizations Helping Victims of Hurricane Sandy

General Press Releases Wednesday December 19, 2012 09:18
NEW YORK--(GLOBE NEWSWIRE)--Dec. 18, 2012
Additional Proceeds Continue to be Raised Through On-Going Event Merchandise Sales; Online Auction of Exclusively Signed Memorabilia; U.S. Network Broadcast of Concert; and Future iTunes, DVD and CD Sales

The producers of the "12-12-12" concert, which was presented by Chase, announced that the Robin Hood Foundation will distribute the first $50M of initial proceeds for "12-12-12" to organizations helping to aid victims of Hurricane Sandy. Fundraising efforts have included ticket sales, sponsorships, telephone and web donations and merchandise with additional money still coming in and being distributed to aid the victims of Hurricane Sandy. Additional "12-12-12" contributions and proceeds from online auctions of exclusively signed memorabilia, iTunes sales - which peaked at #1 on the iTunes chart as a pre-order, U.S. network broadcast of concert, DVD and CD sales, as well as continuing merchandise sales and additional revenue streams are expected.

The event producers issued the following joint statement: "The historic '12-12-12' concert to benefit the victims of Hurricane Sandy was the largest concert event to ever hit the stage at Madison Square Garden, featuring the biggest names in music and the world's leading entertainers. We are forever grateful to the unlimited generosity that was shown to the people of the tri-state area from around the world. Through the collective efforts of the participating artists, celebrities, corporate partners and sponsors we will be able to make a meaningful difference for so many of our neighbors who were affected across the tri-state area. We thank everyone who made the event a resounding success."

Thanks to the generosity of concert organizers, sponsors, and Robin Hood's board of directors, every single penny from ticket purchases and donations will go to organizations serving the victims of Hurricane Sandy through the Robin Hood Relief Fund. The Robin Hood Relief Fund provides money, material and know-how to local organizations that are serving families and individuals in the regions hardest hit by the storm.

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

The concert was produced by James Dolan, Executive Chairman of The Madison Square Garden Company; John Sykes, President of Clear Channel Entertainment Enterprises; and Harvey Weinstein, Co-Founder and Chairman of The Weinstein Company. It was presented by Chase.

The most up to date information on "12-12-12" can be found by visiting www.121212concert.org.
The "12-12-12" logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=15957
CONTACT: Clear Channel Media and Entertainment
Angel Aristone / AngelAristone@clearchannel.com
212.377.7802
The Madison Square Garden Company
Mikyl Cordova / mikyl.cordova@msg.com
212-631-4337
The Weinstein Company
Dani Weinstein / dani.weinstein@weinsteinco.com
212-845-8639
Robin Hood Foundation
Patty Smith / psmith@robinhood.org
212-844-3562
Chase
Melissa Shuffield / melissa.shuffield@jpmorgan.com
212.270.5730

Latest Press Release

BSH Announces New Promotional Campaign to Boost Vario Styles Year-End Sales

Mr. Chollawit Na Songkhla, Managing Director, BSH Home Appliances Company Ltd., Thailand, unveiled "BSH is renowned for being the world's leading manufacturer of home appliances under the Bosch brand. The company has recently introduced its brand-new...

Ananda Development and CUPT launch How Cambridge Berkeley Stanford do Tech Transfer

An event aiming at bringing a revolution in the Thai tech ecosystem through the best practices of three globally renowned universities Ananda Development Public Company Limited and Council of University Presidents of Thailand (CUPT) are partnering to...

Thanksgiving Lunch Buffet at Voila! Restaurant

Our popular Voila! restaurant is celebrating Thanksgiving Day with a Lunch buffet that features all your favourite dishes including butternut squash and ginger soup, roast turkey (with all the trimmings!), baked ham, pumpkin pie and eggnog cheesecake. We...

Royal Cliff Supports Employees Children with Annual Scholarship Program

It was a joyful day of pride and gratitude for employees of the Royal Cliff Hotels Group who gave back to its loyal and hardworking team by generously awarding 61 merit-based scholarships for the children of the staff. Divided into 3 levels, the fund was...

Thanksgiving Buffet at Nimman Bar Grill, Kantary Hills Hotel, Chiang Mai

On 22 November from 6 p.m. to 10 p.m., at Nimman Bar & Grill, Kantary Hills Hotel, Chiang Mai, we invite you to join us at a Thanksgiving Festival Buffet. We follow the lead of the USA as our chefs prepare a delicious celebratory Buffet Dinner with...

Related Topics