Gund pledges $50 million for blindness research

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.

Gund says the foundation has already made significant advances toward its and that the funding will help maintain its momentum. Research from the foundation helped lead to the commercial launch of the first "bionic retina."

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Grape-enriched diet supports eye health

May 29, 2014

New research presented this week at the Association for Research in Vision and Ophthalmology conference in Orlando, Florida suggests that regular grape consumption may play a role in eye health by protecting the retina from ...

Recommended for you

Were clinical trial practices in East Germany questionable?

Oct 23, 2014

Clinical trials carried out in the former East Germany in the second half of the 20th century were not always with the full knowledge or understanding of participants with some questionable practices taking place, according ...

Schumacher's doctor sees progress after injury

Oct 23, 2014

A French physician who treated Michael Schumacher for nearly six months after the Formula One champion struck his head in a ski accident says he is no longer in a coma and predicted a possible recovery within three years.

User comments