Boston business leaders rally in support of The One Fund Boston
April 29, 2013 - Front Section
BOSTON, MA-Governor Deval Patrick and mayor Tom Menino have announced the formation of The One Fund Boston, Inc. to help the people most affected by the tragic events that occurred during the finish of the Boston Marathon on April 15, 2013. The bombings killed three people and wounded more than 260. At least 15 people lost limbs, and other wounds include head injuries.
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 future.”
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, please visit https://secure.onefundboston.org/page/contribute/default or if you would prefer to contribute by mail, send a check to:
One Fund Boston, Inc.
800 Boylston Street #990009
Boston, MA 02199