Nearly a week after the devastating earthquake struck near Haiti’s capital, donations for relief efforts are still pouring in — in excess of $200 million.
Charities, companies, individuals and celebrities across the U.S. have been rallying together in the aftermath of the 7.0-magnitude quake last Tuesday, and their efforts are paying off.
As of Saturday, $200 million in donations had been raised, according to the Chronicle of Philanthropy, a newspaper covering nonprofit organizations. The estimate is based on a survey of 25 charities contributing the largest amounts of money to Haiti.
“You’ve got a bad economy and a disaster outside of the U.S.,” said Stacy Palmer, editor of the Chronicle of Philanthropy. “It makes sense that lots of people gave to the Katrina disaster in the U.S., but to give outside of the U.S. like this is remarkable, especially at a time with 10% unemployment.”
Within four days of the crisis alone, over $150 million was raised toward Haiti relief. The response has been even greater than that of Hurricane Katrina, for which $108 million was raised during the same period of time, the Chronicle of Philanthropy found.
The real question is whether this surge of giving will to continue.
Daniel Borochoff, president of charity watchdog group American Institute of Philanthropy, said he doesn’t expect giving to slow down anytime soon.
“It’s going to be a lot bigger,” he said. “If you think about what happened with the tsunami and Katrina where $4 billion was given to Katrina and $2 billion for the tsunami, there’s the potential for a lot more money.”
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