Shaun Martinez announed the establishment of the Haile Martinez Family Trust Fund on Friday.
Hailey Martinez, 3, whose sister, 7, was killed Sunday in a fire, is the daughter of an NYPD officer.
The fire that killed Hazel Martinez was sparked by a pinched wire in the family's stove.
Hazel Martinez was killed in a Bronx blaze early Sunday, officials said.
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