 Silver Shield was dedicated to offering financial assistance to the children of peace officers in the New York metropolitan area who were killed in the line of duty, with the initial funding for the organization coming from the revenue earned at a New York Yankees game.Fuchs became the chairman and executive director of the organization, which provided each of 900 children of victims of the September 11 terrorist attacks with $20,000 in funds to be used towards their education.Fuchs was inducted into the USA Track & Field Hall of Fame in 2005, in recognition for his dominance of the sport in 1949 and 1950 which had him top ranked by "Track & Field News" for both of those seasons.