Life Science Cares (LSC) has secured a $250,000 partnership with Kura Oncology to expand grant funding for educational initiatives in San Diego and Greater Boston. The partnership will offer financial support to nonprofit organizations participating in LSC’s Access to Education Portfolio in both regions during 2023-2024. Additionally, it will bolster LSC’s networking platform One-to-One. Kura Oncology made this pledge as part of LSC’s Life Science Shares program, where life science companies and executives contribute a portion of financing event earnings to address poverty and inequity in local communities.
Life Science Cares (LSC) is thrilled to announce a new $250,000 partnership with Kura Oncology to provide additional grant funding for educational initiatives in both San Diego and Greater Boston. The partnership will ensure funding for nonprofit organizations in LSC’s Access to Education Portfolio in both communities in 2023-2024 as well as support LSC’s networking platform One-to-One.
“We have already seen the significant impact in both Boston and San Diego through our partnership with the team at Life Science Cares, who have provided opportunities for our employees to give to their communities through organized events and initiatives,” said Troy Wilson, Ph.D., J.D., President and Chief Executive Officer of Kura Oncology. “From our entire team at Kura, we are proud to make this significant, additional donation, which strengthens our support to Life Science Cares with a targeted focus on education and mentorship for students from underserved backgrounds in our local communities.”
As a result of its recent successful financing event, Kura Oncology pledged the contribution as part of LSC’s Life Science Shares program. Life Science Shares is a mechanism for life science companies and executives to share in their success with their local communities by contributing a portion of any funding event to help reduce the devastating impact of poverty and inequity. Companies and individuals pledge a portion of earnings from a financing event to help address three fundamental gaps in our local communities: basic needs, education and opportunity.
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“Having participated by providing personal care items to help low-income seniors, hosting students for a company tour and career discussion and leading a science demonstration at a community festival, the Kura team is one of our most active groups in San Diego,” said Leane Marchese, Executive Director of Life Science Cares San Diego. “We are so grateful that the company is expanding its involvement with Life Science Cares. The donation will provide significant impact to local organizations that focus on encouraging students, especially those that are under-represented in the life sciences, to pursue science.”
“This generous contribution from Kura exemplifies our belief that you can do well and do good,” said Yvonne Spicer, Executive Director of Life Science Cares Boston. “We look forward to continuing to harness the Kura team’s commitment to making a difference in our communities.”
Both LSC Boston and LSC San Diego will distribute additional grant funding to community-based organizations providing access to basic needs, access to education and access to opportunity later this year. Grantees receive general operating dollars as well as access to industry volunteers, expertise and resources. Since the organization’s inception in 2016, Life Science Cares has invested $11.2 million and tens of thousands of volunteer hours to support nonprofit partners.
Source: BioSpace