Commonwealth of Massachusetts A Proclamation His Excellency Governor Deval L. Patrick
Whereas Family businesses are a treasured part of our heritage and culture, and greatly contribute to the Commonwealth’s economy; and
Whereas An estimated 80 to 90 percent of business ventures in the nation, including 35 percent of the Fortune 500, are, or began as, family-owned enterprises; and
Whereas Family owned businesses account for 60% of total U.S. employment, 78% of all new jobs, and 65% of wages paid; and
Whereas Family businesses remain a crucial aspect of the social strength of the Commonwealth, fostering positive community relationships; and
Whereas The typical American family firm donates $50,000 annually to philanthropic causes, mostly to local, educational and religious organizations; and
Whereas Ranging in size from start-up enterprises to large international corporations, family businesses contribute greatly to the strength and vitality of our economy,
Now, Therefore, I, Deval L. Patrick,Governor of the Commonwealth of Massachusetts, do hereby proclaim June 5, 2013, to be,
FAMILY BUSINESS DAY
And urge all the citizens of the Commonwealth to take cognizance of this event and participate fittingly in its observance.
Given at the Executive Chamber in Boston, this twenty-first day of May, in the year two thousand and thirteen, and of the Independence of the United States of America, the two hundred and thirty-sixth.
By His Excellency
Deval L. Patrick Governor of the Commonwealth
William Francis Galvin Secretary of the Commonwealth