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The Mad River Valley Community Fund raised $1.1 million for flood relief following Tropical Storm Irene and gave away $1.35 million in relief in three rounds of grants and loans.
After the third round, the community fund notified those who had received loans that they did not need to pay them back. Round 1 saw 199 people receive a total of $199,000. Round 2 saw $869,000 go out in grants, loans and dumpsters. Round 3 saw another $282,500 go out to community members and businesses in need.
In the days immediately after the flooding, the community fund was inundated with donations and requests to donate online. The board of the fund hired administrator Karen Nevin and created a Facebook page and a way for people to pay via PayPal. In total, 1,880 people donated to flood relief via the Mad River Valley Community Fund.
“We raised over a million dollars in the four months after the storm,” Nevin said. On March 30, 2012, the board of directors decided not to take flood donations anymore and refer flood relief donations to the Mad River Long-Term Flood Relief Committee.