After FEMA grants are paid out, after insurance checks are cashed and the immediate aid is gone, people hit by Alabama's devastating April tornadoes are facing about $1.2 billion worth of unmet long-term needs, a disaster expert predicts.

So far, three of the biggest private groups collecting money for long-term recovery have raised about $12 million -- only about 1 percent of what would be needed to cover those individuals' unmet recovery needs.

Read the full story.