AURORA, Colo. - The mediator trying to resolve a dispute over funds for the victims of the Aurora shooting says he hopes to have rules in place in two weeks.
Kenneth Feinberg says he plans to meet with the victims over the coming weeks to decide how more than $5 million should be distributed. Feinberg expects to make a final decision and disburse the money sometime after Nov. 15.
The Community First foundation says it has collected $5.2 million and has so far given $5,000 each to the families of the 12 people killed and 58 wounded — a total of $350,000 — to meet their immediate financial needs.
It's also given $100,000 to 10 nonprofit groups, including several mental health organizations, highlighted on its website soon after the shooting.
Feinberg tells the Denver Post that the money should be handed out with no strings attached, but only to those who can show they need it.
Feinberg’s resume includes overseeing the victim compensation funds after the Virginia Tech shootings, the BP oil spill and 9/11 attack. Most recently, he was hired by Penn State to help resolve claims of Jerry Sandusky victims.
The mass shooting killed 12 people and wounded 58 others. Former University of Colorado, Denver, graduate student James Holmes has been charged in the July 20 attack.