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November 28, 2012

N.Y. State Seeks Financial Disclosure on Sandy Giving

New York Attorney General Eric Schneiderman sent letters to 75 nonprofit groups Tuesday requesting information on their fundraising and spending on behalf of Superstorm Sandy victims, the Associated Press and Bloomberg report. His office's Charities Bureau plans to post data online about how much organizations raised and whether contributions were directed solely to Sandy relief.

The request went to major national and global charities such as the American Red Cross and Habitat for Humanity as well as local groups like We Care NYC and Staten Island Strong. "In light of the importance of the recovery efforts, and the enormous amount of money raised in such a short period of time, it is critical that donors know where their money is going, and that funds are spent responsibly," Mr. Schneiderman said.