he Cantor Fitzgerald Relief Fund (www. cantorrelief.org), a 501(c)(3) not-for-profit, was founded on September 14, 2001, with a $1-million personal donation from Cantor Fitzgerald Chairman and CEO, Howard W. Lutnick. Mr. Lutnick along with the firm’s partners underwrite 100 percent of the expenses of the fund so that every penny of its income is paid out to those in need. In addition to the families of Cantor’s employees who were lost on 9/11, the Relief Fund provided assistance to family members of World Trade Center victims from 14 other companies. The Cantor Fitzgerald Relief Fund is unique in that it provides assistance directly to the people affected by these tragedies without intermediary or secondary organizational involvement. The Cantor Fitzgerald Relief Fund expanded its scope from victims of terrorism to also include victims of natural disasters, and emergencies, including victims of Hurricane Sandy and wounded members of the U.S. military.
The Cantor Fitzgerald Relief Fund also supports a wide variety of other charitable organizations. In conjunction with Cantor Fitzgerald and BGC Partner’s charity day, The Cantor Fitzgerald Relief Fund distributes 100% of the firms’ September 11th revenues to hundreds of worthwhile charities around the world. All monies donated to the Cantor Fitzgerald Relief Fund are disbursed directly in cash grants to those in need or to other charitable organizations providing assistance. Cantor Fitzgerald and BGC Partners match all public donations to the Cantor Fitzgerald Relief Fund for the benefit of victims of Hurricane Sandy. All proceeds from the purchase of Ms. Lutnick’s book, An Unbroken Bond are donated to the Relief Fund and the charities it supports.