The total came from sold-out ticket sales, donations and sponsorships. It will be distributed through the Community Foundation of Middle Tennessee.
Last month's all-star concert included performances by Hill, McGraw, Miley Cyrus, Billy Ray Cyrus, Carrie Underwood, Blake Shelton, Jason Aldean, LeAnn Rimes, Luke Bryan, Michael W. Smith, Miranda Lambert, Taylor Swift, Toby Keith and ZZ Top.
Record rains the first two days of May caused over $2 billion in damage in Nashville alone. The water forced thousands from their homes, struck some of the city's biggest landmarks and destroyed the gear of scores of musicians.