U2 to donate €9 million from concerts
Howard Lake | 30 March 2009 | News
Howard Lake | 30 March 2009 | News
U2 will donate an estimated €9m of their summer tour profits to charity, according to newspaper reports.
The band will give away 100% of their income from VIP auction ticket sales at up to 100 worldwide concerts.
Up to 600 stage-front tickets per gig are being sold off via auction, with minimum starting bids of between €95 and €1,015.
The charity-style partnership Global Fund, which helps fight AIDS, tuberculosis and malaria, will benefit from a large donation.
Other good causes expected to receive payouts are charities focusing on Africa, the core of Bono’s campaigning.
A U2 spokeswoman said: “All of U2’s income raised from the auction of Red Zone tickets will be donated to charity.”
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.