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September 11, 2014

Cantor Fitzgerald Charity Aims to Go Beyond 9/11 Work

The co-founder and executive director of the Cantor Fitzgerald Relief Fund, one of the biggest charities formed in the wake of the 9/11 terrorist attacks, tells The Wall Street Journal about plans to broaden the organization's focus to support needy grass-roots nonprofits as well as disaster victims.

The fund is led by Edie Lutnick, whose brother, Gary Lutnick, was one of the 658 Cantor Fitzgerald employees who died on September 11, 2001. The financial-services firm was based at the World Trade Center. The charity has given away $270-million, primarily in direct assistance to the families of 9/11 victims.

While many 9/11 groups have closed or contracted in the 13 years since the attacks, the Cantor Fitzgerald fund has provided aid to victims of other emergencies, like Hurricane Sandy and last year's Moore., Okla., tornado, and distributes funds raised on the company's annual September 11 "charity day" to dozens of organizations. Ms. Lutnick outlined plans to formalize the fund's program to highlight worthy but little-known charities.