The Robin Hood Foundation said they are distributing the money quickly but carefully. In the five weeks since the concert, the non-profit has already given $20 million to relief organizations.
The Robin Hood Foundation has already sent checks to more than 160 organizations involved in the relief effort. The charity has been thinking small in its distribution of the funds.
“I think Jon Bon Jovi is the only one who understood what you’re supposed to be doing in a situation like that,” Jay Jay French told WFAN radio on Thursday.
The rock and roll legends played Brooklyn’s Barclays Center for two and a half hours.
The concert will feature Bon Jovi, Dave Grohl, The Rolling Stones, Billy Joel, Rolling Stones, Alicia Keys, Paul McCartney, Bruce Springsteen & the E Street Band, Eddie Vedder, Roger Waters, Kanye West, The Who and others.
Concert organizers became concerned this week that the money raised by ticket sales may be winding up in the wrong pockets.
All of the face value money from the original purchases for the 12-12-12 benefit will go to help Sandy victims, but nobody can be sure what scalpers will do with their earnings.