Bright Side of the Road Foundation Reaches $500,000 Goal
January 2008: The Bright Side of the Road Foundation is proud to announce that we’ve reached a third of our current fund-raising goal – $500,000 (five hundred thousand dollars).
A check for $250,000 was presented to the Cleveland Clinic Foundation to support The Barry Winovich Endowed Chair for ALS Research at the Cleveland Clinic Foundation.
Our current goal is to raise $1.5 million over a five-year period in order to provide researchers with a steady stream of income in order to find a cure for ALS (Amyotrophic lateral sclerosis, a.k.a “Lou Gehrig’s Disease”).
The principal monies of the Barry Winovich Endowed Chair for ALS Research fund will remain intact. This will enable the fund to generate a permanent source of annual income for the chair holder, Dr. Pioro. We built in flexibility, so that some income can be paid out each year to the chair holder before we reach our goal. Not only will this income keep the research ongoing, but it will also provide seed money for projects that could lead to NIH grants.
As part of our stewardship, Bright Side of the Road Foundation will participate in the Clinic’s annual review of the chair holder’s progress in meeting established goals.
Thank you for all of your support over the past 2 years in making this goal a reality!
Learn more about the Barry Winovich Endowed Chair for ALS Research.