JCF Raises Record Amount


June 3, 2002

JCF Raises Record Amount

The Jewelers Charity Fund for Children will distribute over $2.6 million to its recipient charities this year, breaking past records, it announced at its annual Facets of Hope dinner in Las Vegas on June 2. Donations to the organization come from manufacturers, retailers and professional service providers in the jewelry industry.

Twenty-eight underwriters donated $1.6 million of the total. The year's major sponsor is the De Beers Group. Other sponsors contributing $100,000 or more were Clyde Duneier Inc., Leo Schachter Diamonds, M. Fabrikant & Sons and Rosy Blue Inc.

The Make-A-Wish Foundation, one of the three major recipients of the fund's charity, will receive $600,000. Through JCF's collaboration with Jewelers of America, whose members raise money in their stores, over 200 children with life-threatening illnesses have seen their wishes come true through the "Wish-A-State" program in the last three years. Recognizing the good the foundation does in the U.S., JCF will provide a special contribution to the international wish-granting organization over the next two years in the amount of $250,000 to fund 5,000 wishes for children with life-threatening illnesses in India.

St. Jude's Children's Research Hospital, Memphis, TN, also received $600,000 for its work to fight catastrophic diseases afflicting children. Funds raised during 2002 are designated for an initiative to create the JCF Stem Cell Transplantation Laboratory.

The Elizabeth Glaser Pediatric AIDS Foundation and the Glaser Pediatric Research Network will receive two donations totaling $912,500. JCF is the first founding member of the research network, which brings together scientists from leading academic medical centers, and has fulfilled its $1 million commitment to its creation. This year, JCF will fund fellowships for physicians at the network's five medical institutions for $562,500.

A 2001 project JCF funded for the Glaser network raised $450,000 to fight mother-to-child transmission of the AIDS virus in the Democratic Republic of Congo. This year, it will fund a similar initiative in Angola for $350,000. "In a short time, the funding has helped site leaders in the Congo make incredible progress. We are gratified that the JCF shares our excitement about the future of this program and the hope it could bring to thousands of children and families in both the DRC and Angola," said Kate Carr, president and CEO of the Glaser Foundation.

This year, in addition to funding its three major charities, JCF will provide a special endowment of $250,000 to the Nelson Mandela Children's Fund to become a President's Club member of the fund. A taped greeting from Mandela, former president of South Africa, was aired at the Facets of Hope dinner.

For more information on contributing to JCF programs, especially its holiday contribution program and its holiday greeting card program, call Pattie Light, Jewelers Charity Fund for Children executive director, at (703) 788-5479.

by Peggy Jo Donahue

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