They will donate net proceeds -- whatever money is left after they pay their expenses -- from the show to charity.
The money or profit derived from a sale, business venture, etc.
Third-person singular simple present indicative form of proceed.
Proceeds Sentence Examples
In America, the proceeds went to The Red Cross.
If this is approved the meeting proceeds; if not, the meeting is dissolved.
Outside of the suburb there are saltpans, most of the proceeds of which are exported to Galicia.
The revenues of the state come from two sources; about two-thirds from taxation and about one-third in all from the earnings of the penitentiary, from the fees collected by state officials, from the proceeds from the sale of state publications, and from the dividends from stock and bonds.
From this an equally slender tube proceeds, which joins its fellow of the opposite side, and the two form a thick, walled tube, which opens on to the exterior within the bursa copulatrix through which the penis protrudes.