News / USA

Concert for Sandy Victims Will Reach Across World

Signage for the "12-12-12" concert is displayed on the Madison Square Garden jumbotron in New York, December 11, 2012.
Signage for the "12-12-12" concert is displayed on the Madison Square Garden jumbotron in New York, December 11, 2012.
Carolyn Weaver
— A New York benefit concert for Hurricane Sandy victims, featuring performances by the Rolling Stones, Paul McCartney, Kanye West, Bon Jovi and Bruce Springsteen, among others, is shaping up to be the most widely seen musical event ever, according to organizers, with a projected worldwide audience approaching two billion.
 
The 12-12-12 Concert for Sandy Relief at New York’s Madison Square Garden
is the brainchild of a little-known New York City anti-poverty organization, the Robin Hood Foundation, founded in 1988 by hedge fund owners Paul Tudor Jones and Glenn Dubin.
 
The foundation operates on a “venture philanthropy” model, funding $140 million in grants each year to about 200 anti-poverty efforts across New York City, says Deborah Winshel, Robin Hood’s president and chief operating officer. After Sandy ‘s devastation, it expanded its reach to hard-hit communities in New Jersey, Connecticut and Long Island, as well.
 
Several Robin Hood board members, including film producer Harvey Weinstein and John Sykes, president of Clear Channel Entertainment, organized the Sandy relief concert with Madison Square Garden chairman James Dolan - as they did the far smaller Concert for New York following the September 11, 2001 attacks. They say this year’s concert will reach many millions more, who will be able to watch and listen for free live via the Internet and scores of TV and radio broadcasts around the world.
 
Deborah Winshel, President and COO, Robin Hood FoundationDeborah Winshel, President and COO, Robin Hood Foundation
x
Deborah Winshel, President and COO, Robin Hood Foundation
Deborah Winshel, President and COO, Robin Hood Foundation
​Already, Winshel says, ticket sales have raised more than $32 million.  All the proceeds will go to organizations providing relief to those plunged into poverty - or threatened with it - by the storm’s devastation. She says that is also true of 100 percent of other donations to the foundation.  Board members themselves fund the organization’s overhead costs, so that donors know their money will be spent on aid, not on salaries or offices for the staff of 90.
 
“Robin Hood is the largest poverty fighter in New York City,” Winshel said. “We look to identify fund and support organizations that we think are the most effective in addressing poverty and that can range from soup kitchens to homeless shelters, to after-school programs to high schools, any intervention that we think will be helpful in allowing people to improve their lives.”
 
She said that Robin Hood’s innovation is using “investment principles” to try to assess both qualitatively and dollar for dollar, the cost-benefit ratio of anti-poverty programs - and funding only the most effective.
 
Charity springs from compassion, Winshel said, “But you can marry that to analytical rigor. We look at the entire landscape and try to use your money and leverage your dollar in the most effective way.”
 
The funds also flow without delay, she said. Robin Hood raised about $15.5 million in the immediate wake of Sandy - and has already distributed $14.5 million.
 
“We have a list on our web site we’re updating every week with all the grants we’re making related to Sandy, so that’s one way for anyone to understand where their money is going,” she said.
 
In addition to social service groups and food banks in New York City, Sandy donations now are going to similar efforts in Connecticut, Long Island and New Jersey.
 
The storm has created thousands of new homeless and poor in New York and surrounding areas, Winshel noted. Before the storm, 21 percent of New Yorkers were living in poverty, according to census data.
 
“We had 40,000 people living in shelter[s],” Winshel said. “Almost half are children. After Sandy, that number has gone up somewhere into the 55,000s and [is] growing. The statistics are just startling, so for us, even Sandy aside, the work here is so significant and there’s so much still to do,” she said.

Winshel is aware of the irony of a hedge-funders’ charity named after a 13th century bandit of English folklore, legendary for stealing from the rich to give to the poor. In the case of the Robin Hood Foundation, however, it is about the ultra-rich challenging each each other to lighten their own coffers.

Financier George Soros has the record for a one-time gift, pledging $50 million in 2009. At the group’s annual awards dinner that year, the New York Times reported, comedian Jon Stewart told the crowd. “Tonight is a chance for Wall Street to help all those people hurt so badly by …Oh, sorry.”

They will have another chance with the 12-12 concert. “This is the biggest rock concert and the biggest grossing event ever,” Harvey Weinstein recently told the Wall Street Journal.

Prices for individual tickets to the sold-out concert, which will also feature Eric Clapton, The Who, Roger Waters, Alicia Keys, Bon Jovi, Billy Joel, Eddie Vedder, Chris Martin and Dave Grohl, were $150 to $25,000 - although million-dollar packages were also on offer to moguls who want to host friends for pre- and post-concert events as well.

You May Like

Lebanese Media Unite to Support Palestinians in Gaza

Joint newscast billed as Arab world’s first unified news bulletin in support of Hamas-controlled Gaza Strip More

Photogallery Australian PM Alleges ‘Coverup’ at MH17 Crash Site

Meanwhile, Russia's ambassador to Malaysia denies plane's black boxes were opened before they were handed over to Malaysian officials More

Despite Advances in AIDS Treatment, Stigma Lingers

Leading immunologist tells VOA that stigma is often what prevents those infected with disease from seeking treatment More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
IAEA: Iran Turns its Enriched Uranium Into Less Harmful Formi
X
July 22, 2014 10:26 AM
Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.
Video

Video Nature of Space Exploration Enters New Age

Forty-five years ago this month, the first humans walked on the moon. It was during an era of the space race between the United States and the Soviet Union. World politics have changed since then and -- as Elizabeth Lee reports -- so has the nature of space exploration.
Video

Video Chicago’s Argonne Lab Developing Battery of the Future

In 2012, the U.S. Department of Energy’s Office of Science awarded a $120 million grant to a new technology center focused on battery development - headquartered at Argonne National Laboratory in suburban Chicago, Illinois. As VOA’s Kane Farabaugh reports, there scientists are making the next technological breakthroughs in energy storage.
Video

Video In NW Pakistan, Army Offensive Causes Massive Number of Displaced

Pakistan’s army offensive in North Waziristan has resulted in the large-scale displacement of the local population. VOA's Ayaz Gul reports from northwest Pakistan where authorities say around 80 percent of the estimated 1 million internally displaced persons [IDPs] have settled in Bannu district, while much of the remaining 20 percent are scattered in nearby cities.
Video

Video Kurdish Peshmerga Force Secures Kirkuk, Its Oil

The Kurdistan regional government has sent its Peshmerga troops into the adjacent province of Kirkuk to drive out insurgents, and to secure the area's rich oil fields. By doing this, the regional government has added a fourth province to the three it officially controls. The oil also provides revenue that could make an independent Kurdistan economically strong. VOA’s Jeffrey Young went out with the Peshmerga and filed this report.
Video

Video Malaysia Reeling: Second Air Disaster in Four Months

Malaysia is reeling from the second air disaster in four months involving the country’s flag carrier. Flight 340 vanished in March and despite an extensive search, no debris has been found. And on Thursday, Flight 17, likely hit by a surface-to-air missile, came apart over eastern Ukraine. The two incidents together have left more than 500 people dead. VOA Correspondent Steve Herman reports from Kuala Lumpur.

AppleAndroid