John Hancock: Boston Marathon fund-raising program netted record $7.9m
John Hancock, the Boston-based financial services company, said its 2013 Boston Marathon fund-raising programs raised nearly $8 million for nonprofit organizations, a record total and a 16 percent increase over 2012’s fund-raising results.
Because most of the fund-raising efforts occurred before the April 15 race, it seems unlikely that the marathon bombings accounted for the increase. John Hancock did not give a reason why fund-raising was up.
The company did say, however, that 154 employee runners from John Hancock and Toronto-based parent company Manulife Financial raised more than $285,000 in 2013, a 44 percent increase over the 2012 total. Funds raised by employees benefited the Boys & Girls Club of Boston, Ron Burton Training Village, Pathways to Education Canada, and Habitat for Humanity Canada.
Among the 146 organizations benefitting from the 2013 program were: MassGeneral Hospital for Children, Spaulding Rehabilitation Hospital, Boston Medical Center, Massachusetts Eye & Ear Infirmary, The Hoyt Foundation, and Joe Andruzzi Foundation.
This was the 28th year of John Hancock’s landmark sponsorship of the Boston Marathon, which is organized by the Boston Athletic Association, or the B.A.A. Over the past 28 years, the official B.A.A. Charity Program and John Hancock’s own nonprofit program have combined to raise more than $170 million for community-based organizations, John Hancock said.
“The Boston Marathon is a tremendous force for good, made evident by the impact the fund-raising has on our community and the causes represented in the Marathon Non-Profit Program,” Hancock president Craig Bromley said in a statement. “Our employees and all non-profit runners are a source of pride each year as they dedicate their running to benefit our community partners and raise awareness in support of worthy causes throughout Greater Boston.”
John Hancock Financial is a division of Manulife Financial, a large Canada-based financial services group.Chris Reidy can be reached at email@example.com.