IPA Raises $50,000 For the Juvenille Diabetes Research Foundation

International Profit Associates (IPA-IBA) has launched a new website, www.ipachipforecharity.com, supporting the Juvenile Diabetes Research Foundation (JDRF) through IPA’s annual golf outing, ‘Chip Fore Charity.’

The website, www.ipachipforecharity.com, serves as the information hub for the fundraising event. All information regarding sponsorship opportunities, day schedule, directions, prizes, course details and activities is available. Details from the 2004 event can also be found on the website.

The 3rd annual charity golf outing, Chip fore Charity, will take place on August 27, 2005 at the Seven Bridges Golf Course, in Woodridge, Illinois, and benefits JDRF. Through this fundraising event, IPA-IBA hopes to raise more than $100,000 for JDRF.

"The cure for a disease is ultimately accomplished through dedicated scientific and medical research such as what is being accomplished daily at the Weizmann Institute of Science," said Gregg Steinberg, President of IPA and Co-Chair of the Chip Fore Charity Committee. "However, in today’s world without both major philanthropic support and raised public awareness, a potential cure, only found through research, is only a dream. With the annual Chip Fore Charity event, we are attempting to both raise awareness and bring philanthropic support. The addition this year of sports celebrities to the event will bring greater success to our effort. Likewise, bringing the Chip Fore Charity web site live, with its links to the JDRF website, is another step in the direction of our ultimate goal."

Founded by parents of children with juvenile diabetes, the Juvenile Diabetes Research Foundation (JDRF) has always focused on a single goal—accelerating research progress to cure diabetes and its complications. The research management process is unique and organized as a diabetes cure enterprise. JDRF takes informed risks, continuously monitors the global diabetes research landscape and makes investments strategically to ensure that resources are effectively directed to research with the greatest impact leading to a cure as soon as possible. This dedication has led to spending more money for diabetes research than any other charitable organization—more than $800 million since its founding in 1970, including more than $85 million in FY 2004 alone. More than 80 percent of JDRF’s expenditures directly support research and research-related education. In FY 2004, JDRF funded 500 centers, grants and fellowships in 19 countries. In addition, the advocacy has spurred the government to increase its investment in type 1 diabetes research to unprecedented levels.