Wednesday, January 08, 2014

Key Issue for One Fund Boston: How to Distribute New Funds ::: One Fund Boston, a nonprofit fundraising entity created the day after last April’s Boston Marathon bombing, has collected $12 million since initially distributing $61 million to victims last June, prompting the organization to figure out how to parcel out the additional funds most equitably.

One Fund Boston aims to disperse the new funds to “those most affected,” Mike Sheehan, the fund’s treasurer was quoted in a story in The Boston Globe. “But the definition of that, with more education, might change a bit.”

He said a new process will be developed to determine how to distribute the new funds, with some funds potentially being held in reserve to help victims with future costs they incur relating to their injuries, the paper reported.

No comments: