Uefa president Aleksander Ceferin says the money can be used as our members see fit to rebuild the football community.
Ceferin says this is a responsible decision to help as much as we can.
European officials are usually required to spend certain amounts in areas such as youth and women's soccer, referee training, and operating costs. They are not subject to mandatory Uefa audits.
Uefa's funding program, called Hat-Trick, is worth twice as much to European federations as they get from Fifa.
The program is worth more than 11 million euros ($12 million) in the current 4-year cycle compared to $6 million in basic funding from FIFA