AT A GLANCE
Seeded in 2001 by Howard W. Lutnick
Of September 11th revenues donated to charity
Raised by Cantor Fitzgerald and BGC Partners to support
hundreds of charities worldwide
Total raised and distributed by the
Cantor Fitzgerald Relief Fund
At the Cantor Fitzgerald Relief Fund, our mission is to support families impacted by emergencies and natural disasters. We provide direct financial assistance to hundreds of charities around the world, and we are proud to help raise awareness to small charities that have the potential to make big impacts. 100% of every dollar raised by the Cantor Fitzgerald Relief Fund goes as direct financial aid to those affected by natural disasters and emergencies, direct service charities, and wounded members of our military.
HISTORY & IMPACT
On September 11, 2001, 658 Cantor Fitzgerald friends and colleagues and 61 Eurobrokers employees were lost in the World Trade Center terrorist attack. The families left behind were in panic; struggling not only with the death of their loved ones but with insurance legalities that prevented them from receiving the financial support they desperately needed.
On September 14, 2001, the Cantor Fitzgerald Relief Fund was formed with an initial donation of $1 million from Cantor Fitzgerald and BGC Partners Chairman and CEO, Howard Lutnick. Mr. Lutnick and the firms’ partners underwrote 100 percent of the expenses of the Relief Fund so that every penny of its income was paid out to those in need. In addition to the families of Cantor’s employees who were lost on 9/11, the Relief Fund also assisted family members of World Trade Center victims from 14 other companies. The Relief Fund raised and distributed over $180 million to over 800 families and 932 children of the victims of this tragedy.
Since 9/11, the Cantor Fitzgerald Relief Fund expanded its scope to not only include victims of terrorism, but to also assist survivors of natural disasters and emergencies, including Hurricanes Maria and Irma in San Juan, PR, Hurricane Harvey in Houston, TX, Superstorm Sandy in NY, the tornado in Moore, Oklahoma, Hurricane Katrina in the Gulf Coast, the tsunami of 2001 and the Haiti earthquake. The Relief Fund also works to assist wounded members of the U.S. military. Since its inception, the Relief Fund has distributed over $336 million.
Every year on Charity Day, Cantor Fitzgerald and its affiliates, BGC Partners and GFI Group, in conjunction with the Cantor Fitzgerald Relief Fund, honor those who perished on 9/11 by distributing 100% of global revenues to the Cantor Fitzgerald Relief Fund. Grants are then individually distributed to hundreds of charities worldwide. Since its inception, Charity Day has raised approximately $159 million globally.