B.A.A. Renews Financial Commitment to Boston Marathon Host Communities, providing $2.7 Million from 2013-‘15
Three-Year, Increased Contribution to Marathon's Eight Cities and Towns and Commonwealth Recognizes Support
Posted Wednesday, 13 March, 2013
BOSTON – The Boston Athletic Association (B.A.A.) today announced its renewed financial commitment to the eight host cities and towns of the historic Boston Marathon® course. The B.A.A. has pledged its financial support over a three-year term from 2013 through 2015, with contributions increasing annually.
The total contribution in 2013 of $858,000 reflects an increase from last year of nearly seven percent. Over the next three years, the B.A.A. will make a $2.7 million contribution to the eight cities and towns and the Commonwealth. The B.A.A.’s financial support of the host communities of the Boston Marathon reflects its appreciation for successful cooperation with the Marathon communities in hosting the world’s most prestigious marathon.
Through the strong support of John Hancock Financial Services, principal sponsor of the Boston Marathon since 1986, the B.A.A. has made financial contributions to the marathon’s host communities. The financial commitment continues in recognition of the expenses for logistical, operational and administrative course support provided for the towns of Hopkinton, Ashland, Framingham, Natick, Wellesley, and Brookline, the cities of Newton and Boston, and the Commonwealth of Massachusetts. This year (2013) marks the 28th consecutive year of John Hancock Financial’s landmark principal sponsorship of the Boston Marathon.
“We are appreciative of the enthusiastic support that we receive from the host communities along the Boston Marathon course, and we are pleased to make this three-year financial commitment,” said Tom Grilk, B.A.A. Executive Director. “Through careful planning, and with the cooperation of these communities and the Commonwealth of Massachusetts, we are able to showcase the world’s oldest annual marathon with great pride. With the gracious support of the Boston Marathon's principal sponsor John Hancock Financial Services, we'll continue to support the Marathon communities. It also remains our hope that some funds from our donation be directed towards youth and community programs whenever and wherever possible.”
The distribution takes into account the location of each city or town along the course, the impact of the Marathon in the community, and the planning associated with the race. The Boston Marathon is a 26.2-mile, point-to-point course which begins in Hopkinton adjacent to the Town Common and finishes on Boylston Street in front of the Boston Public Library near Copley Square in Back Bay.
Last year, the Greater Boston Convention and Visitors Bureau estimated the economic impact of Boston Marathon® weekend at approximately $137 million. In addition, dozens of local charitable organizations benefit through their own fund raising efforts at the Boston Marathon each year with entry made possible by the Boston Athletic Association and John Hancock Financial. More than $18 million is estimated to be raised in 2013.
As an example of the cooperation received for the Boston Marathon, last year residents and representatives from the eight cities and towns along with the Commonwealth added significant resources in a variety of forms to benefit runners who were participating under unseasonably warm weather conditions.
The B.A.A. recognizes the host communities in other ways throughout the year, including an allocation of entries into the Boston Marathon which may be used for fund raising and the B.A.A. Invitational Mile/Middle School 1000 meter races held the day before the Boston Marathon. The B.A.A. Mile/Middle School 1000 meters features youths exclusively from the eight cities and towns of the Boston Marathon course and is held on Boston Marathon weekend. The one-mile race offers these high school runners a chance to compete on the same course was world class athletes.
About the Boston Athletic Association (B.A.A.)
Established in 1887 and now in its 125th Anniversary year, the Boston Athletic Association is a non-profit organization with a mission of managing athletic events and promoting a healthy lifestyle through sports, especially running. The B.A.A.’s Boston Marathon is the world's oldest annual marathon, and the organization manages other local events and supports comprehensive charity, youth, and year-round running programs. Since 1986, the principal sponsor of the Boston Marathon has been John Hancock Financial. The Boston Marathon is part of the World Marathon Majors, along with the international marathons in Tokyo, London, Berlin, Chicago, and New York City. The 117th Boston Marathon will be held on Monday, April 15, 2013. Nearly 50,000 runners will participate in B.A.A. events in 2013.