Red Cross sees flurry of donations
NEW YORK (CNNMoney) -- In the days since Superstorm Sandy pummeled much of the Northeast with severe winds and torrential flooding, donations to the American Red Cross have been pouring in.The agency received nearly $35 million through early Friday morning, said Karen Stecher, a Red Cross spokesperson. "The public has been generous," she said.
Donations for Sandy have already exceeded the $8 million given over the entire recovery period for Hurricane Isaac, which struck the Gulf Coast earlier this year, according to Neal Litvack, chief development officer at the Red Cross.
While the initial outpouring has been strong, the destruction has been huge. Helping the millions left without power and thousands temporarily lacking homes or food is likely to cost the agency "tens of millions" of dollars, said Litvack.
Related: Sandy's economic cost up to $50 billion
The Red Cross has received some big corporate donations in the wake of the storm. Companies that have pledged to give $1 million or more include: JPMorgan Chase (JPM, Fortune 500), Walt Disney (DIS, Fortune 500), News Corp (NWS)., Kohl's (KSS, Fortune 500), Morgan Stanley (MS, Fortune 500), Mercedes-Benz USA, and Enterprise Holdings Foundation.
As of midday Friday, businesses had contributed more than $38 million in cash and employee-matching or customer-matching programs to the Red Cross and other relief agencies, according to a tally from the U.S. Chamber of Commerce.
Meanwhile, performers including Bruce Springsteen, Jon Bon Jovi, Christina Aguilera and Billy Joel will use their star power to solicit Red Cross donations at a benefit concert hosted by NBC, airing Friday at 8 p.m. ET.
How to help
If you'd like to donate to the Red Cross online, go to www.redcross.org. You can also mail a check to: the American Red Cross, P.O. Box 37243, Washington, D.C., 20013. To donate by phone, call 1-800-RED-CROSS or give up to $10 by texting the word "REDCROSS" to 90999
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