Boeing announces $100 million fund for families of 737 Max crash victims

Boeing is starting a $100 million fund for the families and communities of the people who died in the two 737 Max crashes since last October. The company says it will partner with local governments and nonprofit organizations, and that the funds will “support education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities.”

The $100 million in funding will be made available over “multiple years,” says Boeing, which generated $101 billion in revenue last year. The company says it will release more information in the “near future.” Boeing also says its employees will be able to make donations to the fund, which the company will match through December 31st, 2019.

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