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We believe in making a lasting impact. To achieve this goal, we developed two funds that will allow Team PHenomenal Hope to serve the patient community in the short- and long-term. The short-term project is our Unmet Needs Patient Impact Fund. The long-term project is our PHenomenal Impact Fund for Global PH Research.
PHenomenal Impact Fund for Global PH Research
The team is very excited about the PHenomenal Impact Fund for Global PH Research. Established in 2016 with a $50,000 base (all of it raised by Team PHenomenal Hope athletes and the PH patient community), we are building this to be a conservatively-invested fund that supports grants for medical research into improving treatments or finding a cure for Pulmonary Hypertension.
Awards will be disbursed to medical researchers in various parts of the world. Our goal is to build a $2,000,000 base and provide annual awards for research that represent 1-2% of that base ($20,000-$40,000). If this percentage is matched by safe investment returns, then the research fund becomes sustainable into the long-term. The fund is mostly comprised of contributions from donors and the efforts of our athlete fundraising program.
Team PH will award its first ever research grant in 2019. Letters of Intent (LOI) are due February 1, 2019. Learn more and apply at http://phenomenalimpactresearchfund.org.