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The September 11th Victim Compensation Fund, commonly known as the VCF, was a U.S. government fund that was created by an Act of Congress [1] shortly after the September 11 attacks in 2001.
In the aftermath of the attack, the American Red Cross' Liberty Fund amassed $547 million in donations. The charitable organization halted the collection of donations in October 2001, announcing that the monies pledged would be enough to cover immediate and longterm efforts to support the victims of the attack. [3]
To help with the immediate needs of victims' families, United Airlines and American Airlines both provided initial payments of $25,000. [12] The airlines were also required to refund ticket purchases for anyone unable to fly. [12] The 9/11 attacks compounded financial troubles that the airline industry already was experiencing before the attacks.
NEW YORK — Lawyers for people suffering cancer and other diseases blamed on the Sept. 11, 2001 attacks on the World Trade Center, the Pentagon and the Pennsylvania crash site are on notice: Get ...
The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.
Victims including 38,860 individuals, as well as schools, charities and pension plans, will have recouped an average 93.71% of their proven losses when the fund created by the U.S. Department of ...
Under the Victims of Crime Act, the Director may make an annual grant from the Crime Victims Fund to support crime victim assistance programs. Section 623 expands the territory and geography that the Director may offer assistance crime victims to the District of Columbia , the Commonwealth of Puerto Rico , the United States Virgin Islands , or ...
Nov. 8—"You are not forgotten." That was the message Allison Turkel wanted to make clear for anyone who responded to the Flight 93 crash site in Stoystown on Sept. 11, 2001.