New payment protocol unveiled for victims of Colorado movie-theater shooting


by staff

Posted on October 15, 2012 at 3:46 PM

ST. LOUIS (KMOV) -- There is now a payment protocol for millions of dollars donated to the victims of the movie theater massacre in Aurora, Colorado.

Suspected gunman James Holmes faces 152 charges for the July rampage that happened during the premiere of The Dark Knight Rises.

The 24-year-old is accused of killing 12  and shooting another 58 victims. 

Almost immediately after the shooting, people around the country started donating to help those who were impacted.

Nearly $5 million has been raised to date.

Ken Feinberg was brought in as the fund administrator because of his experience overseeing the September 11 Victim Compensation Fund.

Feinberg says 70 percent of it is going to the families of the 12 people who died and the victims who suffered permanent brain damage or were paralyzed.

That adds up to roughly $200,000 for each victim or family.

The remaining 30 percent of the fund will be given to the victims who survived, but had physical injuries. The amount given to those victims will be based on the number of days they spent in the hospital.

Monday was the last day Giving First dot-org accepted donations.

Families have until November 1 to submit claims. The money will be disbursed after November 15.