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Monday, February 27, 2006

Charities Have Burned Through 2/3 Of $3B In Katrina Donations Already...

The Washington Post Jacqueline L. Salmon and Leef Smith February 27, 2006 at 09:04 AM
READ MORE: Washington Post, Hurricane Katrina, Hurricane

Six months after Hurricane Katrina laid waste to the Gulf Coast, charities have disbursed more than $2 billion of the record sums they raised for the storm's victims, leaving less than $1 billion for the monumental task of helping hundreds of thousands of storm victims rebuild their lives, according to a survey by The Washington Post.

Two-thirds of the $3.27 billion raised by private nonprofit organizations and tracked by The Post went to help evacuees and other Katrina victims with immediate needs -- cash, food and temporary shelter, medical care, tarps for damaged homes and school supplies for displaced children.

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