July 22, 2004
9/11 Disaster Fund Set to Award Grants
The American Red Cross plans to solicit proposals from nonprofit organizations nationwide for a $50-million program to help people affected by the September 11, 2001, terrorist attacks.
The effort will draw upon funds from the Red Cross's Liberty Disaster Fund, which was established after the attacks and received donations of more than $1-billion. In the months following September 11, members of Congress and charity watchdog groups criticized the Red Cross's management of the fund,
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