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November 25, 2014

Little Is Known on How New Band Aid Song Is Funding Ebola Fight

Rocker Bob Geldof's Band Aid 30 has raised more than $1.5-million for the war on Ebola through a new version of the 1984 charity song "Do They Know It's Christmas?" but is saying little about how the money is being spent, according to Bloomberg Businessweek. The Band Aid 30 website states that proceeds from the single, released on November 17 and now topping the U.K. charts, "will be donated to the intervention and prevention of the spread of Ebola," but the site does not specify which aid groups the charity is working with or why they were chosen.

The Band Aid Charitable Trust, which manages the charity's donations, spends only about 2 percent of its money on fundraising and has received high marks from watchdog Charity Navigator. Neither Band Aid 30 nor Mr. Geldof's office responded to requests for comment, but Mr. Geldof has said in interviews that he organized the single at the request of the United Nations, which partners with several aid agencies to fight Ebola. One of those groups, Doctors Without Borders, said it has not yet heard from Band Aid.