The One Fund Boston
Apr 16, 2013
“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
Mayor Menino and Governor Patrick announced The One Fund Boston, to raise money to help the people most affected by the tragedy that occurred in Boston on April 15, 2013. To contribute, go to onefundboston.com. Since last week, $25,060,102 has been given, including $8,160,102 from the public and $16,900,000 from the business community.
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." - Mayor Menino
“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. At moments like this, we are one state, one city, and one people.” - Governor Patrick
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. 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.” - Craig Bromley, President.
Kenneth Feinberg, considered the world’s foremost expert on victim compensation, will act as Administrator of The One Fund Boston. Feinberg will design and administer the fund entirely pro bono.