Tuesday, May 31, 2005

Reuters AlertNet - US groups slowly spend funds for tsunami victims

Reuters AlertNet - US groups slowly spend funds for tsunami victims: "US groups slowly spend funds for tsunami victims
31 May 2005 12:05:05 GMT

Source: Reuters

By Sue Pleming
WASHINGTON, May 31 (Reuters) - Funds raised to help survivors of last December's Indian Ocean tsunami are being spent slowly by U.S. aid groups, with about 17 percent of private donations used up in the first three months after the disaster, according to a report released on Tuesday.
InterAction, an umbrella group representing more than 160 U.S.-based aid organizations, detailed how some 60 member groups used funds donated by the public in the first 90 days after the tsunami, which devastated coastal communities from Somalia to Indonesia.
Millions of Americans -- from schoolchildren handing over pennies, to wealthy business leaders -- responded quickly after the Dec. 26 tsunami in one of the biggest charitable fund-raising efforts in history."

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