Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance

Charity Raises $20m for Boston Victims


Wednesday, 24th April 2013 at 12:48 pm
Staff Reporter
In an amazing show of public and corporate giving, a charity set up to assist victims of the Boston Bombing has raised more than $20 million in less than ten days.


Wednesday, 24th April 2013
at 12:48 pm
Staff Reporter


1 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Charity Raises $20m for Boston Victims
Wednesday, 24th April 2013 at 12:48 pm

In an amazing show of public and corporate giving, a charity set up to assist victims of the Boston Bombing has raised more than $20 million in less than ten days.

The Massachusetts Governor, Deval Patrick and Boston Mayor Menino announced the formation of The One Fund Boston, to help those families most affected by the bombings in the days after the April 15th tragedy.

The most recent figures on the One Fund Boston site shows $6,054,185 in public donations and $14,800,000 in corporate donations totalling $20,854,185.

“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 future.”

The cornerstone donation to The One Fund Boston is a $1 million commitment from the insurance and financial services company, John Hancock.

The longtime chief sponsor of the Marathon, Hancock had hundreds of employees, volunteers, guests, and runners involved in the race — two of whom were injured in blasts.

“John Hancock is honored to contribute to The One Fund Boston, aiding those who were affected by this terrible event,” Hancock President, Craig Bromley said.

“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.”

Boston law firm Goodwin Procter volunteered to organize The One Fund Boston and has applied for 501(c)(3), the tax exempt status within the US Internal Revenue Service.

Although the Fund says it cannot guarantee that the IRS will make a determination that the organization qualifies as a 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.



AON

FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

$2 Million Grant Helps Give Australians in Need A Fair Go

Wendy Williams

Thursday, 21st September 2017 at 8:35 am

Volunteering Tasmania Forced to Close Launceston Office

Luke Michael

Thursday, 21st September 2017 at 8:25 am

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

One Comment

  • Helen Steel Helen Steel says:

    Just had an update from Boston that the fund now sits at 27 million. What an amazing outpouring of support from the global community.
    If you are interested in supporting this cause please join us at the ‘Boston Tea Party’ May 16. http://www.melbourne-boston.org for all the details.

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!