Prostate Cancer Foundation Donors Exceed Matching Grant, Raise $1.5 Million
Funds from the Wade F. B. Thompson Matching Grant Will Provide Needed Resources to Investigators as They Aggressively Search for Better Treatments and a Cure for Prostate Cancer
February 12, 2007 -- More than 8,500 Prostate Cancer Foundation (PCF) donors generously contributed $755,000 to the Wade F. B. Thompson Matching Grant, exceeding the $500,000 goal. Thompson matched the entire amount, resulting in a total of more than $1.5 million raised for prostate cancer research.
"The matching grant provided by Wade Thompson demonstrates his long-term and profound commitment to harnessing every resource available to advancing the mission to end death and suffering from prostate cancer," said Jonathan W. Simons, MD, chief executive officer and president of the PCF. "Wade is a beacon as a cancer research philanthropist. We are enormously grateful to Wade and his family for his generosity and the many donors who responded to his challenge."
Having survived prostate cancer, melanoma and colon cancer, Thompson, chairman, president and chief executive officer of Thor Industries, Inc. (NYSE:THO), dedicates his life to defeating cancer. "As a prostate cancer survivor, I know how grateful the men battling this disease, as well as their families and friends, are for donors’ support," Thompson said. "The key to winning this war is scientific discovery. The faster the pace of research, the faster we can discover the life-saving breakthroughs we are all seeking."
The Wade F. B. Thompson Matching Grant was designed to provide an incentive to individuals giving their first gift, renewing their giving and/or increasing their support. From August 1 to December 31, 2006, donations made via direct mail, online or through the Athletes for a Cure program (www.athletesforacure.org) were matched dollar for dollar, so $1 donated became $2.
The PCF immediately put these funds to use in the 2006 Competitive Awards Program which supports innovative prostate cancer research projects. This program has funded many novel ideas for the diagnosis and treatment of prostate cancer and has spurred the development of new therapeutic strategies and drugs for use against prostate cancer.
In 2005, Thompson made the first-ever Prostate Cancer Foundation Matching Grant, offering to match up to $250,000 from other donors. With the help of many caring supporters, the PCF was able to surpass his goal with nearly 2,000 donors contributing $393,800. Thompson generously gave an additional $100,000, making a total of nearly $750,000 raised in last year’s matching grant.
Thompson is the founder of the Drive Against Prostate Cancer, two mobile medical vehicles that have provided more than 50,000 free prostate cancer screenings across the United States so far. The vehicles are operated by the National Prostate Cancer Coalition.
About the Prostate Cancer Foundation
The Prostate Cancer Foundation is the world’s largest philanthropic source of support for prostate cancer research focused on discovering better treatments and a cure for prostate cancer. Founded in 1993, the PCF has raised more than $370 million and provided funding to more than 1,500 research projects at nearly 200 institutions worldwide. The PCF also advocates for greater awareness of prostate cancer and more governmental research funds. PCF advocacy has helped produce a 20-fold increase in government funding for prostate cancer since 1994. More information about prostate cancer and the PCF can be found at www.pcf.org.