Pan-Mass Challenge Sets Record for Donations
NewsCenter, 22 October 2019
The Pan-Mass Challenge announced their largest financial gift ever given to the Dana-Farber Cancer Institute. The record breaking $63 million check exceeds this year’s $60 million goal and brings the PMC’s 40 year fundraising total to $717 million.
The 40th Annual Pan-Mass Challenge bike-a-thon was held in early August, with the route going through Cape Cod all the way to Provincetown.
The PMC is the nation’s most successful single-event athletic fundraiser and donates 100 percent of every rider raised dollar to Dana-Farber, a world leader in adult and pediatric cancer treatment and research.
The money contributed by the PMC accounts for more than 55 percent of the Jimmy Fund’s annual revenue and enable Dana-Farber’s world class physicians to continue leading advancements in cancer research and treatment.
The goal initially was to raise $58 million for 2019, $2 million more than 2018’s $56 million donation. Two generous gifts and one spirited challenge from dedicated philanthropists helped to accelerate the PMC fundraising efforts this year.
In May, former Overstock.com CEO and PMC rider Patrick Byrne challenged the organization to up the ante and increase its goal to $60 million, pledging to personally donate $1 million himself if the goal was achieved.