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
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, Paul Grogan, President of The Boston
Foundation, Steve Pagliuca, Managing Director of Bain Capital and co-owner of
the Boston Celtics, 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 has applied 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, which is April 16, 2013.
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 on onefundboston.org.