January 15, 2010
Two Challenges Raise $2.8 Million for Bipolar Research
The search for a cure for bipolar disorder is one step closer with the conclusion of the successful Bipolar Research Challenges on December 31, 2009. The Challenges, which benefit the Heinz C. Prechter Bipolar Research Fund at the University of Michigan Depression Center, raised close to $1.4 million through charitable donations from 490 individuals, foundations and corporations. The funds raised in the effort were matched by two generous patrons: a $500,000 grant pledged by an anonymous donor and a $1 million grant from the World Heritage Foundation-Prechter Family Fund, allowing gifts and pledges to be matched dollar-for-dollar up to $1.5 million dollars. This brings the grand total raised for bipolar research at the University of Michigan to nearly $2.8 million!
Bipolar Disorder is a devastating disease that affects close to six million adults in the United States alone. The Prechter Bipolar Research Fund is determined to find a cure, and the funds raised through the Challenges will be used to investigate the specific genes that make a person vulnerable to developing bipolar disorder, and help target the most effective treatment options possible for each individual based on his or her personal genetic background.
Thank you to each and every supporter for helping us meet these challenges and for your continued dedication to those suffering from bipolar disorder.