Nearly 900 participants raise money for charity in 113th running of Marathon
BOSTON - (August 25, 2009) - John Hancock's Boston Marathon Fundraising Program raised $3.7 million for non-profit and community service organizations during the 113th running of the historic race. Through the program - now in its 24th year - marathon entry numbers (or "bibs") were distributed to runners who raised an average of $4000 each for various nonprofit groups, exceeding their goal of $3000.
As part of the overall total, 89 employees of John Hancock and Manulife, its parent company, participated in the employee marathon program and raised $176,000. For the third year in a row, these employees made a difference in the lives of youth and families most in need. Funds raised through John Hancock associates, for example, were used to expand the Company's commitment to summer jobs for teens. As a result of their efforts, 100 additional students received internships this summer through the Boston Parks and Recreation Department.
For their part, Manulife employees raised monies for their nonprofit of choice, Habitat for Humanity Canada, raising more than $26,000.
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.
"We are proud of the generosity of our employees, who run to give back to our community. And we are proud that as the principal sponsor of the Boston Marathon we are able to make it possible for so many individuals to contribute to the work of important service organizations in greater Boston," said James R. Boyle, President of John Hancock.
Locally, some of the 59 organizations benefiting from the 2009 Boston Marathon Fundraising Program included the Cystic Fibrosis Foundation, Massachusetts General Hospital, Ron Burton Training Village, Women's Lunch Place and Youth Enrichment Services.
South Boston non-profit neighbors of John Hancock receiving entries this year were the South Boston Neighborhood House and the South Boston Boys & Girls Club. Also raising money through the Marathon program were the Boston Public Library, Mutual Funds Against Cancer, Samaritans and the Hole in the Wall Gang.
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 has been calculated to be nearly $100 million per year. The Boston Marathon Fundraising Program is part of John Hancock's $10.6 million of support to Boston area community programs in 2009. Last year, the Company contributed 10,000 hours of community service through its employee volunteer programs.