MASSMUTUAL GIFTS $1 MILLION TO KING BOSTON HONORING COMMITMENT TO MUTUAL VALUES
Grant will support development of King Boston’s Center for Economic Justice
and other community efforts in Boston
Boston, MA (November 10, 2021): King Boston, a nonprofit working closely with the City of Boston and the Boston Foundation to create an inclusive and equitable Boston for all, today announced that it received a $1 million gift from the MassMutual Foundation which will be used toward the creation of King Boston’s new Center for Economic Justice. MassMutual and the MassMutual Foundation are driven by a shared commitment to diversity, equity and inclusion.
The announcement came during the Grand Opening ceremony of MassMutual’s new campus at 10 Fan Pier in the Seaport, an event attended by state and local leaders.
“We value and appreciate the MassMutual Foundation’s incredible support of King Boston’s Center for Economic Justice,” said Imari Paris Jeffries, Executive Director of King Boston. “We look forward to continuing this partnership. Community leaders like MassMutual and the Foundation are integral to our collective progress towards racial and economic justice.”
King Boston, whose mission is to honor the legacy of Coretta Scott King and Dr. Martin Luther King, Jr. while addressing economic and racial inequities, plans to build The Center for Economic Justice in Roxbury. It will be the epicenter for research to support action-oriented solutions to end economic and social disparities.
MassMutual and the MassMutual Foundation support nonprofit causes across the state, many of which are focused on eliminating barriers to social and economic opportunity so that all families can build their financial capability and thrive.
“This gift symbolizes the value MassMutual places on King Boston’s devotion to building and sustaining a vital, prosperous region with justice and opportunity extended to all,” said Roger Crandall, CEO of MassMutual. “We are honored to partner with King Boston to advance measurable economic justice for residents and introduce worldwide visitors to this aspect of Boston’s history.”
About King Boston
Founded in 2017, King Boston is a nonprofit with a mission of honoring the legacy of Coretta Scott King and Dr. Martin Luther King, Jr. through “The Embrace” memorial in the Boston Commons, while addressing economic and racial inequities. Collectively, the work is intended to inspire change and activate social justice values towards the realization of a radically equitable and inclusive Boston by 2030, the City’s 400th birthday. Over the next 24-months, the organization’s three-pronged approach will build and invest in cultural representations, such as “The Embrace”; 2) engage in research, policy development and community organizing towards solutions for economic justice in our Center for Economic Justice; and 3) launch Embrace Ideas, a community-wide arts and culture engagement series leading towards an inaugural annual festival planned for June 2022.
About the MassMutual Foundation
The MassMutual Foundation, Inc. is a dedicated corporate foundation established by Massachusetts Mutual Life Insurance Company (MassMutual). The MassMutual Foundation activates connections and untapped opportunities within communities, so that all families can build their financial capability and thrive. In support of this mission, the Foundation develops partnerships and provides grants in support of our signature programs. The Foundation also supports anchor institutions in the communities where MassMutual operates. To learn more about the MassMutual Foundation please visit https://www.massmutual.com/about-us/corporate-responsibility/foundation.