Fund CEO Kieran McLoughlin stated, “The bombings in Boston are just appalling. That city represents the cradle of the Fund where so much of our support has come from historically and continues to do so.”
“To provide practical support and as an act of solidarity, we are making a gift of $60,000 to the One Fund, set up by the Mayor and a number of our Boston based directors. Boston has always stood up for Ireland. Now it's time for Ireland to stand-up for Boston.”
Massachusetts Governor Deval Patrick and Boston Mayor Menino had 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 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.”