The Dana-Farber Cancer Institute in Boston has announced a record $63 million gift from the Pan-Mass Challenge, an annual two-day cycling event that raises funds for adult and pediatric cancer research and patient care at Dana-Farber.
Raised by more than sixty-eight hundred riders, this year's gift tops the $56 million raised for the institute's Jimmy Fund in 2018 and boosts the amount raised through the event since 1980 to more than $717 million. Earlier this year, former Overstock.com CEO and PMC rider Patrick Byrne challenged PMC to increase its goal from $58 million to $60 million, pledging to give $1 million if the goal was achieved, while the family of Fred Levin and his daughter-in-law Terri, both former Dana-Farber patients, made a $2 million gift. Sponsored by New Balance and the Red Sox Foundation, PMC donates 100 percent of the funds raised to Dana-Farber and is the institute's largest single donor, accounting for more than 55 percent of Jimmy Fund revenue.
"I am extremely grateful for the generous support received from the Pan-Mass Challenge community over the last forty years and am truly honored to cycle alongside dedicated riders, volunteers, and supporters each August," said Dana-Farber Cancer Institute president and CEO Laurie H. Glimcher. "Raising $63 million in one year is an incredible feat, and this record-breaking gift will make an immense impact on our work in the fight against cancer."
"I cannot think of a better way to commemorate our milestone fortieth ride than with our largest gift ever to Dana-Farber," said PMC founder and executive director Billy Starr. "I'm incredibly proud of the role the PMC has played in furthering advancements in cancer research and treatment over the last four decades — it is thanks to the drive and commitment of our entire community of riders, volunteers, sponsors, and donors that we have been able to give more than $717 million to Dana-Farber since 1980, making a truly unparalleled impact in the fight against cancer."
(Photo credit: Pan-Mass Challenge)