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THE CANTOR FITZGERALD RELIEF FUND
NEW YORK, NY · EIN 134189179 · Form 990 · FY2024 · NTEE M20 · Public Safety & Disaster Relief · Large ($10M-$50M) · cantorrelief.org
revenue
$11.0M
expenses
$8.7M
net assets
$23.5M
employees
0
program ratio
100%
mission · from form 990

TO PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DISASTERS OR EMERGNECY HARDSHIPS AND SUPPORT THE EFFORTS OF RELIEF ORGANIZATIONS THAT PROVIDE AID TO VICTIMS OF NATURAL OR CIVIL DIASTERS OR EMERGENCY HARDSHIPS

profile · synthesized from sources

The Cantor Fitzgerald Relief Fund provides disaster relief and emergency aid by distributing funds to charities working on the ground in affected areas. It was founded in response to the 9/11 attacks that killed 658 Cantor Fitzgerald employees, and has since expanded its mission to support hundreds of global charitable organizations. The fund raises money through annual Charity Day events and direct donations, with 100% of contributions directed to those in need.

named programs · 2 · from sources

What they call their work

Charity Day
Annual event on September 11 where Cantor Fitzgerald and BGC Group donate 100% of their revenues to support global direct service charities through the Relief Fund, with celebrity ambassadors representing partner organizations
Direct Disaster Relief
Provides direct financial support to families impacted by disasters through collaboration with local public schools and government agencies
activities · 3 groups

What they do

  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding disaster relief for victims of natural or civil disasters
      Provides grants to relief organizations that deliver aid to victims of natural or civil disasters and emergency hardships. The fund supports charities actively working in disaster-affected areas, with a focus on global disaster relief efforts.
  • General Operating Support Grants 1 activity
    • Funding global charitable organizations providing direct services
      Awards grants to hundreds of charities engaged in good works globally, including those delivering direct services. The fund channels 100% of Cantor Fitzgerald and BGC Group revenues on an annual Charity Day to support these organizations.
  • Direct Financial Assistance to Individuals 1 activity
    • Providing direct financial assistance to families in crisis
      Delivers direct financial support to impacted families through partnerships with local public schools and government agencies, particularly in response to emergency hardships.
financials · form 990 · fy2024
revenue
Total revenue$11.00M
Contributions & grants$11.00M100%
Program service revenue$00%
Investment income$1060%
Other revenue$0
expenses
Total expenses$8.72M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$8.40M
Largest expense lineCompensation
balance sheet
Total assets$26.53M
Cash$4.14M
Investments$586K
Liabilities$3.04M
Net assets$23.49M
Liquid reserves6.5 mo
3 years on record · 2020–2024 · YoY revenue +26.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • EDITH LUTNICK — DIRECTOR & PRESIDENT
  • HOWARD LUTNICK — DIRECTOR
  • STUART FRASER — DIRECTOR & VICE PRESIDENT
relationships · 6

Who they work with

  • BGC Group Government — BGC Group donates 100% of its revenues on Charity Day to support global direct service charities through the Cantor Fitzgerald Relief Fund.
  • Cantor Fitzgerald Government — Cantor Fitzgerald donates 100% of its revenues on Charity Day to support global direct service charities through the Cantor Fitzgerald Relief Fund.
  • Cantor Fitzgerald Government — Original corporate sponsor providing foundational funding and ongoing profit commitments.
  • Cantor Fitzgerald Government — Receives pledged profits and support from Cantor Fitzgerald, including 25% of profits over five years and long-term healthcare commitments.
  • government agencies Partner — Collaborates with government agencies to deliver direct financial support to impacted families.
  • local public schools Partner — Collaborates with local public schools to deliver direct financial support to impacted families.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • 100% Donation Funding Model
    methodology: 100_percent_donation_model
    By covering operational costs independently, the organization ensures that 100% of public donations go directly to charitable causes, thereby increasing donor trust and maximizing the amount of aid that reaches disaster-affected populations.
  • Intermediary Grantmaking for Crisis Response
    methodology: intermediary_grantmaking
    By channeling public donations through established on-the-ground charities, the organization maximizes the effectiveness of relief efforts because local partners have the infrastructure and contextual knowledge to deliver aid efficiently during emergencies.
  • Public-Sector Partnership Model for Direct Aid Delivery
    methodology: public-sector_collaboration
    By partnering with local public institutions, the organization enables efficient delivery of direct financial aid to disaster-affected families because these entities can rapidly identify and verify beneficiaries within their communities.