One year after the release of "We Are the World", organizers noted that $44.5 million had been raised for USA for Africa's humanitarian fund. They stated that they were confident that they would reach an initial set target of $50 million (equivalent to $ million in ). By October 1986, it was revealed that their $50 million target had been met and exceeded; CBS Records gave USA for Africa a check for $2.5 million, drawing the total amount of money to $51.2 million. USA for Africa's Hands Across America event had also raised a significant amount of money—approximately $24.5 million for the hungry in the US.