Damon Runyon Cancer Research Foundation Sells Grauman's Chinese Theatre to Increase Funding of Breakthrough Research.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. & NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Damon Runyon Noun 1. Damon Runyon - United States writer of humorous stylized stories about Broadway and the New York underground (1884-1946) Alfred Damon Runyon, Runyon Cancer Research Foundation has sold its interest in Hollywood's landmark Grauman's Chinese Theatre  The of this article or section may be compromised by "peacock terms".You can help Wikipedia by removing peacock terms. to Los Angeles-based real estate investment company, CIM (1) (Computer-Integrated Manufacturing) Integrating office/accounting functions with automated factory systems. Point of sale, billing, machine tool scheduling and supply ordering are part of CIM. Group. The Foundation, which was founded in 1946 by the famous journalist and radio personality, Walter Winchell Walter Winchell (April 7 1897 – February 20, 1972), an American newspaper and radio commentator, invented the gossip column at the New York Evening Graphic. He broke the journalistic taboo against exposing the private lives of public figures, permanently altering the , became a co-owner of this property in the 1960's through a charitable bequest. Since then, it has used the income from the lease of this property, along with donations from across the nation, to support top young cancer researchers seeking new ways to prevent, diagnose and treat all forms of cancer. The sale of this property will enable the Foundation to increase its funding of cutting-edge research. "Our mission is to ensure that the best and brightest young scientists have the support they need to defeat cancer. Thanks to the successful sale of the Chinese Theatre Chinese theatre has a long and complex history. Today it is often called Chinese opera although this normally refers specifically to the popular form known as Beijing Opera; there have been many other forms of theatre in China. , we will be able to invest more today in tomorrow's breakthroughs," says David G. Marshall, a member of the Damon Runyon Cancer Research Foundation's Board of Directors who was involved in the sale of the property. While the history of the bequest to the Foundation of this famous property, with its legendary celebrity hand and foot prints, has been lost over the years, the Foundation points to Winchell's renowned radio broadcasts as the likely source of this gift. "Winchell used the radio in the 1950's and 60's to reach out to all Americans to help him defeat cancer in memory of his friend Damon Runyon, the journalist and short story writer (of Guys & Dolls fame), who died of cancer. Since then, people across the nation have continued to support our important work," say Lorraine Egan, Executive Director. Damon Runyon Cancer Research Foundation Founded in 1946, the Damon Runyon Cancer Research Foundation is highly respected by the scientific community for the quality of the basic and clinical research it has supported and the important role it has played in identifying the most promising young scientists and encouraging them to focus their careers on cancer research. To date, the Foundation has invested over $200 million and funded more than 3,000 scientists. Eleven scientists supported by the Foundation have received the Nobel Prize Nobel Prize, award given for outstanding achievement in physics, chemistry, physiology or medicine, peace, or literature. The awards were established by the will of Alfred Nobel, who left a fund to provide annual prizes in the five areas listed above. . The Foundation currently is funding more than 130 scientists at leading medical centers and research institutions across the nation. This year, it will invest approximately $11 million in the most outstanding young investigators in the nation. 100% of all donations to the Foundation are used to support scientific research. Its administrative and fundraising costs are paid from its Broadway Tickets Service and endowment. For more information visit www.drcrf.org |
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