Pan Massachusetts Challenge Trust

Pan Massachusetts Challenge Trust

Pan Massachusetts Challenge Trust

Overview
Date Founded

1980

Headquarters

77 FOURTH AVENUE, NEEDHAM, MA, 02494, USA

Charitable Causes

Medical Research
Philanthropy, Voluntarism, and Grantmaking Foundations

Employees (Worldwide)

17

Industries

Hospitals & Patient Services
Other Business & Consulting Services

Company Description

Pan Mass Challenge is an American private company located in Needham, MA. The firm provides fund raises money for life-saving cancer research and treatment.The company says this about itself: The Pan-Mass Challenge (PMC) is a bike-a-thon that today raises more money for charity than any other single athletic fundraising event in the world. The 41st PMC will take place on August 1 and 2, 2020. The PMC was founded in 1980 by Billy Starr, who remains the event's executive director, an annual cyclist and a fundraiser. The PMC has since raised $717 million for adult and pediatric patient care and cancer research at Dana-Farber Cancer Institute through the Jimmy Fund. The event donates 100 percent of every rider-raised dollar directly to the cause, generating 55 percent of the Jimmy Fund's annual revenue as Dana-Farber's single largest contributor. The PMC has successfully melded support from committed cyclists, volunteers, corporate sponsors and individual contributors, all of which are essential to the PMC's goal and model: to attain maximum fundraising efficiency while increasing its annual gift. The PMC's hope and aspiration is to provide Dana-Farber's doctors and researchers with the necessary resources to discover cures for all cancers.

Executives & Employees

Founder

Chief Operating & Business Development Officer

Director of Operations

Board of Directors

Co-Founder at Castanea Partners, Inc.

President of Sports at Entercom Communications Corp.

Former Partner at Roark, Rearden & Hamot Capital Management LLC

Associate Dean of Students, Shared Business Services at Boston University

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Key Stats and Financials As of 2017
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$55M
Non-Profit Donations & Grants Received
$1,612
02/28/2019
$1,000
02/28/2019
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