One Fund Boston Raises $7-Million as of Wednesday

The One Fund Boston had received more than $7 million in donations by 5 p.m. on Wednesday. The non-profit fund was announced by Mayor Thomas Menino and Gov. Deval Patrick on Tuesday after Monday's tragic events.

More than 8,500 individual donors have made donations totaling $500,000 through the OneFundBoston.org website, according to a city official. Donating directly to the website is the best way to contribute to help those most affected by the Boston Marathon bombings.

Attorney Kenneth Feinberg, considered one of the world’s most foremost experts on victim compensation, will work pro bono as the administrator of The One Fund Boston. Feinberg is scheduled to come to meet with Menino on Friday about the fund, will design and administer the fund completely without compensation. 

Feinberg has worked with helping victims of some of the biggest tragedies in recent American history. He was appointed by the U.S. Attorney General to administer the September 11th Victim Compensation Fund, and was appointed by President Obama to administer the BP oil spill fund in 2010. He also designed and administered compensation funds following the mass shootings in Aurora, Colo., and at Virginia Tech.

He is a native of Brockton, a UMass-Amherst graduate and currently serves as chairman of the John F. Kennedy Library Foundation’s Board of Directors, according to a press release.