The Pan-Mass Challenge is pleased to announce that M&T Bank is joining the organization as co-presenting sponsor. Through its multi-year deal with PMC, M&T is joining the organization’s community of passionate cyclists, volunteers and generous donors to support the shared goal of raising lifesaving funding for cancer research and treatment at Dana-Farber Cancer Institute.
“The Pan-Mass Challenge is an extremely personal event to everyone involved. Most of the participants – riders, volunteers, and the supporters along the route – know the emotional and physical strength it takes to battle cancer,“ said Grace Lee, M&T’s Eastern Massachusetts regional president. “M&T is honored to join all of them in supporting Dana-Farber Cancer Institute’s research to treat and cure the disease.”
In addition to ride weekend, M&T’s sponsorship will also support multiple PMC events throughout the year, including its popular PMC Kids Rides program. As part of the bank’s long-standing tradition of community commitment and employee volunteerism, M&T will also field a team of employees to ride during PMC ride weekend, which takes place this year on Saturday, August 6 and Sunday, August 7, and staff water stops along the 16 routes and up to 210 miles course.
“I am happy to not only welcome M&T Bank to the PMC as our new co-presenting sponsor, but also welcome their team to our home state of Massachusetts. Their support will help take our organization to new heights in the years to come and we’re grateful for their partnership,” said Billy Starr, PMC founder and executive director. “We aim to partner with likeminded, mission-driven organizations in our community and M&T exemplifies that notion. Not only is M&T joining us as a key sponsor, they are doubling down on their commitment to our cause with employee rider and fundraiser teams. We can’t wait to see their team out on the road in August for PMC 2022!”
The PMC is the nation’s most successful athletic fundraising event, raising and contributing more money to charity than any other. The PMC donates 100 percent of every rider-raised dollar as Dana-Farber’s largest single contributor, raising more than 55 percent of the Jimmy Fund’s annual revenue. This year, the PMC has a $66 million fundraising goal which, if met, would increase the organization’s cumulative fundraising since its inception in 1980 to $897 million.
In April of this year, M&T Bank merged with People’s United Bank and now operates a network of more than 1,000 branches and 2,200 ATMs spanning 12 states from Maine to Virginia and Washington, D.C., including more than 60 branch locations throughout Massachusetts.
About The Pan-Mass Challenge
The Pan-Mass Challenge (PMC) is an annual bike-a-thon that has raised more money for charity than any other single athletic fundraising event in the world. The PMC was founded in 1980 by Billy Starr, who remains the event’s executive director, an annual cyclist and a fundraiser. The PMC has since raised $831 million for adult and pediatric patient care and cancer research at Dana-Farber Cancer Institute through the Jimmy Fund. The event donates 100 percent of every rider-raised dollar directly to the cause. The PMC generates more than 55 percent of the Jimmy Fund’s annual revenue and is Dana-Farber’s single largest contributor. The PMC has successfully melded support from committed cyclists, volunteers, corporate sponsors and individual contributors. All are essential to the PMC's goal and model: to attain maximum fundraising efficiency while increasing its annual gift. The PMC’s hope and aspiration is to provide Dana-Farber's doctors and researchers with the necessary resources to discover cures for all cancers.
About M&T Bank
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.