THE July 7 charity fund was shut down today after handing out £12m to bomb victims.
Public donations to the London Bombings Relief Charitable Fund came flooding in immediately after the July, 2005, terror attacks.
Gerald Oppenheim, chairman of the charity's board of trustees, said: "The funds we received have been distributed and the task we were set up for is completed.
"So it is time for the fund to close.
"I hope it will not have to be called on again, in London or anywhere else.
"But sadly that may not be the case in view of events around the world.
"We hope that donors, supporters, wellwishers and beneficiaries feel we have acted speedily and compassionately and that we have used the money well."
Grants to victims of the attacks were made in phases between October, 2005, and this month.
Bereaved families with two dependent children received £150,000. A bereaved spouse or partner received £75,000 while a bereaved relative who was not a spouse or partner received £50,000.
The most severely injured received between £74,000 and £200,000.
The fund, which won the effectiveness category at the 2006 Charity Awards, also gave handouts to voluntary groups which helped victims of the attack.
The bombings were carried out by four Muslim men, all from West Yorkshire.
They included Jermaine Lindsay, who had been brought up in Rawthorpe, and Mohammed Sidique Khan, a teaching assistant from Thornhill Lees. He was regarded as the ringleader of the suicide squad.
The 7th July Assistance Centre, set up to help the victims and their families, received two grants totalling £151,000. It offers counselling, therapy and access to other helpful services.
The Government's statutory Criminal Injuries Compensation Scheme is the main source of cash help for the victims of the bombings.