From this press release that we found at PR Newswire, we learn more about the arrangement.
Bob Dylan will release a brand new album of holiday songs, Christmas In The Heart, on Tuesday, October 13, it was announced today by Columbia Records. All of the artist's U.S. royalties from sales of these recordings will be donated to Feeding America (http://feedingamerica.org), guaranteeing that more than four million meals will be provided to more than 1.4 million people in need in this country during this year's holiday season. Bob Dylan is also donating all of his future U.S. royalties from this album to Feeding America in perpetuity.
Additionally, the artist is partnering with two international charities to provide meals during the holidays for millions in need in the United Kingdom and the developing world, and will be donating all of his future international royalties from Christmas In The Heart to those organizations in perpetuity. Details regarding the international partnerships will be announced next week.
"When we reached out to Bob Dylan about becoming involved with our organization, we could never have anticipated that he would so generously donate all royalties from his forthcoming album to our cause," said Vicki Escarra, president and CEO of Feeding America. "This major initiative from such a world renowned artist and cultural icon will directly benefit so many people and have a major impact on spreading awareness of the epidemic of hunger in this country and around the world."
Bob Dylan commented, "It's a tragedy that more than 35 million people in this country alone -- 12 million of those children -- often go to bed hungry and wake up each morning unsure of where their next meal is coming from. I join the good people of Feeding America in the hope that our efforts can bring some food security to people in need during this holiday season."
Christmas In The Heart will be the 47th album from Bob Dylan, and follows his worldwide chart-topping Together Through Life, released earlier this year. Songs performed by Dylan on this new album include, "Here Comes Santa Claus," "Winter Wonderland," "Little Drummer Boy" and "Must Be Santa."