CROS NT Donates to One Fund Boston at DIA 2013; Funds Distributed to Boston Marathon Bombing Victims

Online, July 29, 2013 (Newswire.com) - CROS NT held two 5K runs around the Charles River Esplanade where DIA attendees donated $20 to participate. During the show, CROS NT sold t-shirts at its booth with 100 percent of the proceeds going to One Fund Boston.

One Fund Boston is a fund set up by the city of Boston to support victims of the Boston Marathon bombings on 15th of April 2013. To date, the fund has collected over $64 million USD from individuals, corporations and organizations worldwide.

Paolo Morelli, CEO of CROS NT, said, "I was very keen to get involved in this project, a number of my people were involved in the event which raised money for what is an important charity. I ask all of my companies to get involved in community projects, and it was very appropriate for CROS NT to get involved in the One Fund while visiting Boston".

One Fund Update

The One Fund began distributing the donated funds in July to over 230 victims of the bombings. Victims had to file a claim by the end of June to qualify for the funds. One Fund divided the claims into four categories:

- Category A: $2,195,000 for loss of life, double amputations or permanent brain damage

- Category B: $1,195,000 for single amputation

- Category C: Between $125,000 and $948,000 for physical injury that required hospitalization for more than one night

- Category D: $8,000 for physical injury and one night of hospitalization

The One Fund Boston is still collecting donations via its website and has set no deadline for contributions.