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State AG: Charities raise $400 million for Sandy relief

Volunteers with the American Red Cross load containers

Photo credit: Daniel Brennan | Volunteers with the American Red Cross load containers of hot food onto disaster relief trucks in Deer Park to be distributed in communities affected by superstorm Sandy. (Nov. 6, 2012)

ALBANY -- Eighty-eight charities have raised about $400 million for superstorm Sandy relief, state Attorney General Eric Schneiderman said Thursday, though reports indicate the biggest recipients have spent less than half their donations so far.

Five nonprofits have raised the bulk of the funds, $330 million, and spent about $152 million, according to the attorney general's office.

The...

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