ESPN donates $1 million at the start of Jimmy V Week for Cancer Research
December 03, 2012
ESPN recently donated $1 million
to The V Foundation for Cancer Research, an organization that funds cancer research and provides support for related projects, at the start of Jimmy V Week for Cancer Research. This event aims to boost public awareness about important causes and encourage individuals to make contributions to The V Foundation.
The foundation was established by the late Jim Valvano, a sports commentator and North Carolina State basketball coach, and ESPN in 1993. The sports network's donation is expected to cover operating costs through an endowment for the foundation.
"It's fitting for ESPN to make this commitment as we begin Jimmy V Week, when our employees and sports fans are passionate in joining together to make a difference to beat this disease," said ESPN executive chairman George Bodenheimer.
Because ESPN's $1 million dollar donation will help to cover operating costs, the contributions made by participants and viewers can be directed solely to research causes.
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