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13 Things you need to know about #RedNoseDay

Sarah grew up in Monterey, CA and now lives in Los Angeles. When she's not writing, you can find her enjoying a good book, fine wine, sunflowers and long walks on the beach.

The real reasons tons of celebs are supporting #RedNoseDay

We know that Red Nose Day is a live televised show featuring some of our favorite celebs donning bulbous red costuming to look silly, but what do we really know about the show?

The televised event is really the culmination of a whole day's worth of celebrities raising awareness and funds for children living in poverty all over the world. The three-hour special airs on NBC and is a telethon of sorts — viewers are encouraged to donate via telephone and the internet — and the program will also give more information about the issues #RedNoseDay is trying to raise money for, according to rednoseday.com.

In addition to being an awesome cause, Red Nose Day is also going to be one heck of a great show. Here's what the program and campaign are all about.

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1. Red Nose Day originated in Britain

The campaign has British roots and started way back in 1988 to raise money for poverty-stricken children in the U.K. and Africa.

2. This is the #RedNoseDay debut in the U.S.

Red Nose Day has been successfully raising funds for nearly two decades overseas, but May 21, 2015 marks the first time it hits the U.S.

3. It has ties to Comic Relief, U.K.

Comic Relief and #RedNoseDay were "created out of the firm belief that the power of mass media and high-profile celebrities can raise awareness of issues of poverty to change and save millions of lives," according the the Red Nose Day website. Not to be confused with the United States' version of Comic Relief — it's not affiliated with the Comic Relief charity that Robin Williams and Whoopi Goldberg used to take part in in the '80s. "However, both organizations have used the power of comedy to put the public at the heart of their social mission," rednoseday.com says.

More: Hollywood's Humanitarians: This is how Jaime King is empowering children

4. Nick Cannon is dancing up a storm for it

Cannon pledged to dance 24 hours straight to help raise money and awareness. The event is live streaming on nbc.com.

#Hour20 was magical!! #RedNoseDayUS #KingOfPop

A photo posted by Nick Cannon (@nickcannon) on

5. Bill and Melinda Gates stepped up

The couple announced they would donate $25 for every person who posted a selfie wearing a red nose to Instagram or Twitter with the hashtag #RedNose25, up to $1 million. By mid-afternoon on Thursday, over 13,300 social media users had utilized the tag.

6. There's an app for that!

The Red Nose Day app lets users put a virtual red nose on their face, just in case they didn't have one readily at their disposal.

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7. It benefits 12 charities

Funds raised will go towards helping Boys & Girls Clubs of America, Charity: Water, Gavi: The Vaccine Alliance, Lift, the National Council of La Raza, the National Urban League, Oxfam America, Save the Children, Children's Health Fund, Feeding America, The Global Fund and United Way.

8. The show will feature pre-recorded spoofs

9. As well as actors appearing live

Tons of celebs, like Anna Kendrick and Will Ferrell, are confirmed to hit the stage.

10. And musical performances

8pm Thursday, NBC

A photo posted by @teddysphotos on

Ed Sheeran will take the stage with a very special guest.

11. And reality show personalities

12. The hosts are pretty awesome

The event, which goes down at New York's Hammerstein Ballroom, will be MCed by Seth Meyers, David Duchovny and Jane Krakowski.

13. Red Nose Day U.K.'s funds raised are no small potatoes

The charity has raised more than the equivalent of US$122 million to date, according to their website.

Catch the show on Thursday, May 21 at 8/7c.

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