O’Neill and Associates‘ client HomeStart announced that it will honor three prominent community and business leaders who are committed to supporting the organization’s mission to end and prevent homelessness. At its Annual Gala on September 19, 2015 at the Westin Waterfront Hotel, HomeStart will present the Gold Key Award to Joseph E. Corcoran, founder and chairman of Corcoran Jennison Companies. The President’s Award will be given to Sushil K. Tuli, President and CEO of Leader Bank. The Trent Hankins award will be presented to longtime board member William F. Boynton, Senior Vice President of Morgan Stanley Wealth Management. This award is named after former board member, Trent Hankins, who passed away in 2002.
The gala co-chairs include Jeff Conway, Executive Vice President of State Street Corporation, Richard Holbrook, Chairman and CEO of Eastern Bank, and William Boynton. Longtime HomeStart friend and Advisory Board Member, Janet Wu of WHDH-7 News, will emcee.
“HomeStart has had a fantastic year,” said Matt Pritchard, President and Executive Director of HomeStart. “As we continue to work toward eradicating homelessness in our region, I am thrilled to be a part of this year’s gala honoring Joe, Sushil and Bill, who have been tremendous advocates for our cause.”
William Boynton is an active member of the HomeStart Board of Directors where he serves as the Chairman of the Development Committee and is an indefatigable advocate for HomeStart work to prevent and end homelessness. Mr. Boynton serves as Senior Vice President of Morgan Stanley Wealth Management where he provides clients with comprehensive financial services and investment management. He holds a Bachelor’s degree in Economics, Finance and Resource Economics from the Whitemore School of Business and Economics at the University of New Hampshire. He received advanced portfolio management training from the Darden Graduate Business School at the University of Virginia. Mr. Boynton joined Morgan Stanley in January of 2010 after spending 28 years in the Wealth Management division of UBS Financial Services, Inc.
Over the past 21 years, HomeStart has provided vital solutions to ending homelessness by working to assist individuals and families in finding, maintaining and thriving in housing. Ninety-two cents of every dollar donated to HomeStart goes directly to support four core services: prevention, housing first, housing search and stabilization.
Last year alone, HomeStart saved 658 low-income families and individuals from eviction and homelessness and, of those, 64 were homeless veterans. On average, HomeStart can prevent an eviction for $730, compared with the cost of sheltering that same family at the taxpayers’ expense of approximately $30,000 annually. Since its inception in 1994, HomeStart has found permanent homes for 6,000 homeless people including veterans, single mothers and victims of domestic violence. In addition, HomeStart’s Stabilization Team helps reintegrate each client into the community so they are able to maintain their housing and break the cycle of chronic homelessness. As a result, 95% of clients receiving HomeStart’s stabilization services have remained in their housing one year later.