What Happened to All of the ALS Ice Bucket Challenge Money?
According to CNN more than 17 million people participated in the Ice Bucket Challenge to support ALS and other causes. Nationally, 2.5 million people donated $115 million to the ALS Association.
The ALS Association says about 40% of the ice bucket money, $47.1 million, has been spent or budgeted toward specific purposes. In time, it says the plan is to pour all $115 million back into five main spending buckets, CNN reported.
Here are those 5 buckets:
Bucket #1: $77 million for 'research'
Bucket #2: $23 million for 'patient and community services'
Bucket #3: $10 million for 'public and professional education'
Bucket #4: $3 million for 'fund-raising'
Bucket #5: $2 million for 'external processing fees'
To read greater detail on how the money in each bucket will be used AND to see why $115 million may not be enough, head to CNN.com