FOR IMMEDIATE RELEASE
Contact: Roy Anderson
John Hancock's Boston Marathon Fundraising Program
Nets $3.3 Million for Local Organizations
900 program participants give back to the community in
111th Boston Marathon
BOSTON - (August 8, 2007) - John Hancock's Boston Marathon Fundraising
Program raised $3.3 million for charitable and community service
organizations, during the 111th running of the historic race. The program,
in its 22nd year, set a fundraising record, eclipsing the amount previously
raised by more than $400,000.
As the principal sponsor of the Boston Marathon, John Hancock provides
select non-profit organizations with invitational marathon entries that
enable funds to be raised for their organizations. The entries are
distributed to runners who wish to raise money but who would not
necessarily qualify for race entry based on their personal running times.
Non-profit groups, hospitals and community agencies receiving entries asked
runners to raise at least $3000 for their organization. This year, the
runners raised an average of more than $3700. In addition, John Hancock
asked its employees to run and raise funds on behalf of non-profits,
enabling employees to strengthen their ties to the community.
"The dedication and generosity of these runners show that the race is about
contribution as well as competition," said John D. DesPrez III, President
and CEO of John Hancock. "We are proud that as the principal sponsor of the
Boston Marathon we are able to make it possible for so many individuals to
give back to the greater Boston community."
"As John Hancock continues to grow in Boston, we are also pleased to
continue to grow our longstanding corporate tradition of financial and
volunteer support of programs that strengthen the fabric of the local
Boston community, and help keep Boston a vibrant place for workers,
companies and its citizens," DesPrez continued. "Our philosophy is that as
our company grows, we will share our growth with the community."
Locally, some of the 40 organizations benefiting from the 2007 Boston
Marathon Fundraising Program included Horizons for Homeless Children and
Boston Fund for Neighborhood Development, as well as the American Red Cross
of Massachusetts Bay, AIDS Action Committee, Cystic Fibrosis Foundation and
Boston Medical Center.
South Boston non-profit neighbors of John Hancock receiving entries this
year were the South Boston Neighborhood House, the South Boston Boys &
Girls Club, as well as the South Boston Mazemakers after-school program.
Also raising money through the marathon program were the Boston Public
Library, Matty Eappen Foundation, Salvation Army and Accelerated Cure
Project for Multiple Sclerosis (ACP).
In addition to the Boston Marathon Fundraising Program, John Hancock
continues to be committed to maintaining its overall sponsorship of the
Boston Marathon. This support amounts to an annual cost to John Hancock of
several million dollars. The economic value to the community of the Boston
Marathon weekend recently has been calculated to be more than $95 million
The Boston Marathon Fundraising Program is part of John Hancock's $11
million of support to Boston area community programs in 2007. The company
also is donating 10,000 hours of community support through its employee