Boeing said the other half of the fund will support education and economic empowerment in impacted communities.
The company’s CEO Dennis Muilenburg said the opening of the fund “is an important step in our efforts to help affected families.”
‘Vague’ and ‘disingenuous’
But news of the fund has not gone down well with many of the victims’ relatives.
Clifford added that if Boeing “wanted to give real relief to the families, they should work with the insurance partners of Ethiopian Airlines to expedite payments to the families.”
“Instead, they are now making it harder,” he said.
“They had never reached out to the families to discuss what the needs of the families are,” he said.
A Boeing spokesperson said in July that people who accept funds will not be required to give up the right to pursue legal action against the company. The spokesperson declined further comment on Boeing’s ongoing lawsuits.
The company has expressed hope the plane will be cleared for flight early in the fourth quarter, which begins in October.
CNN’s Chris Isidore, Jackie Wattles, David Goldman and Jill Disis contributed to this report.