The International Federation of Red Cross and Red Crescent Societies recently announced that the $1.2 billion pledged by people around the world is sufficient to meet the costs of the entire Red Cross tsunami relief program.

Following the federation’s lead, the American Red Cross believes that current contributions and pledges, when received from the American public, will be sufficient to carry out its immediate and long-term plans to assist tsunami survivors.

Due to the financial contributions from the American public, foundation and corporate supporters, which amount to $236.3 million to date, the American Red Cross has announced it will no longer engage in new fundraising activities for the tsunami relief effort.

As part of its commitment to donors, the American Red Cross notifies the public when it has raised enough funds to implement comprehensive relief plans for a particular disaster.