Massachusetts Governor Deval Patrick and Boston Mayor Menino today
announced the formation of The One Fund Boston, the purpose of which is
to raise money to help those families most affected by the tragic events that
unfolded during Monday’s Boston Marathon.
“I am humbled by the outpouring of support by the business community and
individuals who are united in their desire to help; The One Fund Boston will act
as a central fund to receive much needed financial support,” Governor Patrick
said. “At moments like this, we are one state, one city, and one people.”
According to Mayor Menino, support from the business community was
immediate. “Within an hour, I had calls from business leaders and local
philanthropists who, like me, were heartbroken by the impact this hideous
tragedy has had on individuals, their families, and friends. And they want to
do everything they can to help these people physically and psychologically in
The cornerstone donation to The One Fund Boston is a $1 million commitment
from John Hancock. “John Hancock is honored to contribute to The One Fund
Boston, aiding those who were affected by this terrible event,” said Craig
Bromley, President. “The Boston Marathon is about courage and resilience and
community. John Hancock, which has been headquartered in Boston for more
than 150 years, will continue to stand by our city, the people of Boston, our
community partners, the runners, and the Boston Athletic Association as we unite in recovery and in renewal of our commitment to the Boston Marathon.”
Other individuals and corporations making commitments to The One Fund Boston include Jack Connors, John Fish, CEO of Suffolk Construction, Brian Moynihan, President and CEO of Bank of America, the Managing Directors of
Bain Capital, Paul Grogan, President of The Boston Foundation, Steve Pagliuca, Co-owner of Boston Celtics and Shamrock Foundation President, Larry Lucchino, CEO of the Boston Red Sox, and Mike Sheehan, CEO, and Karen Kaplan, President of Hill Holliday.
Boston law firm Goodwin Procter has volunteered to organize The One Fund
Boston and is applying for 501(c)(3) status. One Fund Boston, Inc. will apply
for 501(c)(3) tax exempt status with the Internal Revenue Service. Although
the Fund cannot guarantee that the IRS will make a determination that the
organization qualifies as a 501(c)(3) tax-exempt entity, if approval is received
within the expected time frame, the determination will be retroactive to the
date of the Fund’s formation.
“We are one Boston. We are one community. As always, we will come together
to help those most in need. And in the end, we will all be better for it,”
Mayor Menino said.
To contribute to The One Fund Boston, click here or either of the onefundboston.org graphics.
“Boston is a tough and resilient town, so are its people. I am supremely confident that Bostonians will pull together, take care of each other & move forward – as one proud city.”
-President Obama 4.15.13