Families who have lost relatives in the plane crashes of the Boeing 737 Max are expected to receive $ 1
Boeing's grant fund has deferred $ 50 million for direct payments to families of the 347 people who died on flights to Indonesia and Ethiopia.
The remainder of Boeing's $ 100 million fund announced in July will be used for education and development programs.
The Fund has started to accept applications that must be submitted before 2020.
In a statement, Dennis Muilenberg, CEO of Boeing, described the opening of the fund as an "important step" in the company's efforts to help families who were killed in the crashes of the Boeing 737 Max 8 aircraft.
The 737 Max has been on the ground since March when investigators assess the aircraft's safety after the deadly crashes response as inadequate.
Many are prosecuting the company.
Lawyer Kenneth R. Feinberg, who is responsible for the Boeing Fund, said that participation is voluntary and does not force families to relinquish their right to file separate lawsuits against the company.
Mr. Feinberg is known for his work to distribute money for victims of disasters. Among other things, he managed funds for victims of the September 11 attacks and the Deepwater Horizon oil spill.