Tuesday, June 19, 2012

How PMC Money is Used

How does Dana-Farber Cancer Institute use the funds that you donate to the PMC? Incredibly effectively, that's how. Dana-Farber is at the leading edge of developing new cancer treatments and providing personalized cancer care. Dana-Farber can do what it does due in part to your PMC donations.

There are several reasons why this is the case. First, 100 percent of your PMC donation goes directly to the Jimmy Fund, Dana-Farber's fundraising arm. Not one penny of your donation goes to Clif Bars or bike mechanics or post-ride beer - all of the costs of the ride are underwritten by corporate sponsors. Second, the PMC generates half of the Jimmy Fund's annual revenue (last year the PMC raised $35 million). Without the PMC, Dana-Farber's life-saving work grinds to a crawl. Finally, the PMC generates unrestricted funds for Dana-Farber to spend wherever it finds the greatest need. Many of its other funding sources (like foundation and government grants) come with strings attached. And while stringy money is great, it has its limitations.


Dana-Farber recently released a three page statement describing exactly how the PMC is making a difference in cancer research and care. Below is an excerpt that hits the point home.


Unrestricted PMC gifts:

  • Are the life-blood of the Institute. They provide critical, flexible funding to be used when and where the need is greatest.
  • Enable Institute leaders to fund promising new research opportunities. 
    Early-stage research is not eligible for government funding, yet many of the discoveries that lead to significant breakthroughs begin as promising theories.
  • Advance our signature, total patient care philosophy by enhancing the programs and initiatives that serve the spiritual, emotional, and psychosocial needs of our patients and their families throughout the cancer journey.
  • Support the core infrastructure and technologies that foster the exchange of ideas and information across the Institute.
  • Allow us to attract, develop, and retain the brightest minds who will lead the next generation of cancer care and research.
  • Help cover insurance reimbursement gaps so that expert patient-centered care is delivered without compromise.
  • Bolster under-funded services including social work, community outreach and education, and cancer prevention and screening.
  • Fund the expansion and renovation of much-needed clinical and research spaces.
So, why give to the PMC? Because, in doing so, you are SAVING LIVES. Yes, YOU.

Click here to make your donation today. Thanks, from the bottom of my heart
.

No comments: