Schaeffer Raises More Than $5 Million for Diabetes Research at City of Hope
The award is the City of Hope’s most prestigious philanthropic honor, presented annually to a salon-industry leader who has demonstrated outstanding business and altruistic leadership.
The memorable night broke many records, including 1,700-plus people who attended to celebrate Schaeffer and helped to raise more than $5 million for the research, treatment and education center for cancer, diabetes, HIV/AIDS and other life-threatening diseases.
Schaeffer formed the George W. Schaeffer Endowment for Innovation in Diabetes Research to help find new treatments and a cure for diabetes.
He exceeded his personal goal to raise and donate more than $5 million. Attendees raised more than $2.7 million, and Schaeffer personally matched up to $2.5 million. In addition, he covered the cost of the dinner—enabling 100% of every dollar donated to go directly to the City of Hope.
The evening featured the culinary expertise of world-renowned chef Hubert Keller, entertainment by music icons Aretha Franklin and Al Green, and a surprise appearance by John Ondrasik of Five for Fighting. Surprising all attendees, the evening was topped off with a wedding ceremony for Schaeffer and his wife Irina.
“I have been blessed with success in my life, and there is nothing I would rather do than share it with those in need," said Schaeffer. "I am so grateful to all those who joined me in contributing their time, money, effort and love to this very important cause. And while I am extremely honored to receive this award, I am even more excited about the money that we were able to raise for City of Hope.”
For nearly a century, the City of Hope has been a model for scientific discovery and compassionate care for those facing cancer, diabetes, HIV/AIDS and other life-threatening diseases. Among many breakthroughs, City of Hope’s research has led to some of the most widely used cancer drugs and synthetic insulin used by millions with diabetes. For more information about the City of Hope and the George W. Schaeffer Endowment for Innovation in Diabetes Research, click here.
[Image: Cashman Photo]