Gund pledges $50 million for blindness research
The Associated Press | Hagadone News Network | UPDATED 10 years, 11 months AGO
COLUMBIA, Md. (AP) — Businessman and philanthropist Gordon Gund is pledging $50 million in matching donations as part of an effort to restore vision for some blind people.
Gund is chairman of the Foundation Fighting Blindness, based in Columbia, Maryland. The 74-year-old former owner of the Cleveland Cavaliers lost his sight to a degenerative retinal disease at age 30.
On Saturday, the foundation announced that Gund will match $50 million or more in contributions to fund research to cure retinal diseases that cause blindness. The goal is to raise $100 million total by 2020.
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