Bain Capital Relief Fund Supports Boys & Girls Clubs and Hurricane Maria Recovery Efforts
In February 2018, Bain Capital distributed funds to Boys & Girls Clubs of America to assist with the organization’s recovery efforts in Puerto Rico following Hurricane Maria. The funds helped Boys & Girls Clubs of Puerto Rico rebuild centers that were damaged by the storm, as well as expand services for children who are unable to attend school due to closures caused by the storm. With the donation to Boys & Girls Clubs, the Bain Capital Relief Fund helped address the unique needs of children in Puerto Rico following the storm. Children were especially hard-hit after Maria as many schools temporarily closed due to damage and lack of electricity.
The donation was made through the Bain Capital Relief Fund, which was created to distribute funds to organizations providing aid to people impacted by natural disasters. The Bain Capital Relief Fund was formed in 2018 in response to the increasing number of natural disasters in recent years. Bain Capital has a history of employee-driven giving following recent disasters including Hurricane Sandy and the 2010 earthquake in Haiti. The Fund allows Bain Capital to more quickly and effectively deploy aid funds to organizations that work on the ground to provide humanitarian relief and reconstruction assistance to people impacted by disasters in the United States and around the world. The Fund’s creation also builds on Bain Capital’s commitment to philanthropy through the Bain Capital Community Partnership and the Bain Capital Children’s Charity.
About Bain Capital
Bain Capital is a multi-asset alternative investment firm based in Boston, Massachusetts. The firm invests across multiple industries and sectors, and currently manages approximately $95 billion in global assets. Bain Capital’s team of more than 950 professionals operate in 14 cities in the Americas, Europe and Asia-Pacific. For more information, visit Bain Capital’s website.