Fundraising Increases 68%, Three-Year Total Exceeds $25 million
Columbus, Ohio: Pelotonia today announces record fundraising of $13,108,639 for its 2011 ride. This year’s total reflects a 68% fundraising increase over the 2010 amount of $7,846,705.
From August 19-21, 2011, 4,986 riders from 38 states and four countries rode up to 180 miles on one of four routes. With support of family, friends, neighbors, and associates, riders made it possible for Pelotonia to make an extraordinary contribution to The Ohio State University Comprehensive Cancer Center – Arthur G. James Cancer Hospital and Richard J. Solove Research Institute (OSUCCC – James). Funds raised by the grass roots bicycle tour now total $25,467,212 for its first three years of operation.
“Our community has stepped up beyond even the most optimistic expectations. From riders and funding partners to volunteers, each is doing their part to end cancer,” said Tom Lennox, Founder and Executive Director of Pelotonia. “The passion of this group will not be denied. A cure will be found sooner because of their commitment.“
A differentiating characteristic of Pelotonia is that 100% of every dollar raised by riders, virtual riders and volunteers is invested in research initiatives conducted by the OSUCCC – James. Pelotonia and its supporters are proud of this distinction, which is made possible by Pelotonia’s generous funding partners, Limited Brands Foundation, Huntington Bank, Richard and Peggy Santulli, American Electric Power Foundation, Nationwide Insurance and Cardinal Health Foundation. Pelotonia and its riders also benefit greatly from in-kind donations made by numerous locally and nationally based companies.
Pelotonia staff presented Pelotonia’s 2011 contribution to The Ohio State University President E. Gordon Gee and Director of the Ohio State Comprehensive Cancer Center and CEO of the James Cancer Hospital and Solove Research Institute Dr. Michael Caligiuri at LC Pavilion in Columbus, Ohio. Over 1,000 supporters attended this year’s check presentation. Approximately 1,700 volunteers worked throughout the year on behalf of Pelotonia.
“I am deeply grateful to all of those who were part of Pelotonia’s remarkable success,” said Gee. “Few forces are mightier than when people come together in good will to fight a common cause. And I can think of no nobler cause than curing cancer through funds raised in Pelotonia.”
“Thanks to the tireless efforts of Pelotonia riders, donors, sponsors and volunteers, all of the money raised by Pelotonia will help fund ‘high-risk, high-reward’ innovative cancer research at The Ohio State University,” said Dr. Caligiuri. “Some of our most recently funded research projects include team science awards with experts from disciplines across the university working together to generate new discoveries and exploring novel therapies for treating blood, breast, liver, prostate and skin cancers.”
The resources raised by Pelotonia support a variety of research projects addressing all aspects of cancer including diagnosis, treatment, psychosocial issues and prevention. The Pelotonia Fellowship Committee awards fellowships to distinguished student scientists in the undergraduate, graduate, postdoctoral and medical school programs. Pelotonia Idea Grants allow promising and creative investigators to engage in a variety of “high-risk, high-reward” cancer research projects. Projects currently funded by Pelotonia Idea Grants include the early detection and prevention of pancreatic cancer; tests to determine the most effective therapies for triple-negative breast cancer; influences of heredity in cancer development and possible new prevention and treatment strategies; and the development of a new drug to fight breast cancer and leukemia. For additional detail, please visit: http://tiny.cc/xfeqp.
Pelotonia 2012 is scheduled for August 10-12. Rider registration will open on January 10, 2012 at www.pelotonia.org.