On Monday night, Larry King was joined by a number of Hollywood's biggest names including [artist id="1397"]Paula Abdul[/artist], [artist id="508574"]Jennifer Lopez[/artist], [artist id="1244169"]Diddy[/artist], Ryan Seacrest, Christian Slater, Ben Stiller and Jared Leto for the "Haiti: How You Can Help Now" telethon that aired on CNN.

During the show, [artist id="1235716"]Fall Out Boy[/artist]'s Pete Wentz took some time to explain how donations to UNICEF for the victims of last Tuesday's devastating [article id="1629574"]7.0 earthquake in Haiti[/article] will be used. Standing in a UNICEF tent set up in King's New York studio, Wentz explained how the charity uses its funds on specific items for disaster relief.

"People want to see part of the solution, so if we go inside the UNICEF tent that's actually down there now, you can see that the problem is solvable," he explained. "For example you have these tablets: One of these costs 1 cent, and it can keep 5 liters of water clean. So 1 cent for 5 liters of water. [Also] you have a blanket that costs $3."

He went on to show the vaccine cooler that UNICEF workers use to help vaccinate children in the area.

"For 200 bucks, you can get school in a box, so that kids can be learning and empowering themselves and staying involved," Wentz aded. "This tent is utilitarian. It can be used for schooling purposes, medical purposes or for kids to do recreational things in. Because if you think about it, six months from now, you want your kids psychologically happy."

Wentz explained that he wanted people to know that even the smallest donations help, as evidenced by the water cleansing tablet that only costs a penny. "It's all very cheap, and this is a solvable problem and that's what I wanted to put out there, that every cent counts even if you donate a cent to this cause. you are donating."

Learn more about what you can do to help with [article id="1629607"]earthquake-relief efforts in Haiti[/article], and for more information, see Think MTV. Join George Clooney and Wyclef Jean for [article id="1629832"]MTV's "Hope for Haiti" telethon[/article], airing commercial-free Friday, January 22, at 8 p.m. ET.