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

Photo Release: World lady golfers showcase Thai culture through silk dress collection and embroidery handworks in Honda LPGA Thailand Photocall

World lady golfers showcase Thai culture through silk dress collection and embroidery handworks in Honda LPGA Thailand "Photocall" Honda executive team led by Mr. Masayuki Igarashi (center, standing), President and CEO of Asian Honda Motor Co., Ltd.;...

CHAR Ends the Month with an Adults Only Uptown Funk Brunch

CHAR Restaurant at Hotel Indigo Bangkok Wireless Road invites foodies to an adults-only Uptown Funk Brunch. Guests can celebrate the end of the month with a fabulous feast and free flowing premium refreshments in CHAR's casual, yet sophisticated,...

Avidity Science(TM) Celebrates 50 Years Of Excellence

Avidity Science launches its golden anniversary today with a year-long celebration of achievements and milestones from the past 50 years. From humble beginnings in a small farmhouse, Avidity Science, formerly known as Edstrom Industries; has expanded to...

Fantastic Friday with International Buffet Dinner at The Orchard Restaurant, Kantary Hotel, Korat

Every Friday Night, The Orchard Restaurant, Kantary Hotel, Korat, invites you to enjoy the delights of an international buffet dinner with a variety of dishes such as Roast Lamb, Spaghetti, Pizza, Sushi, Sashimi, Shrimp with Tamarind Sauce, Sea Bass,...

Taiwans extravagant buffet restaurant Harbour now open at Bangkok#s Iconsiam

Charoen Pokphand Foods Public Company Limited (CPF) and Taiwan's HiLai Group jointly open "Harbour" at Iconsiam, bringing to Thailand the famous international buffet restaurant that enjoys extraordinary success in China and Taiwan where diners queue up...

Related Topics