WASHINGTON, June 28, 2017 /PRNewswire/ -- Hyundai and its non-profit, Hyundai Hope on Wheels®, awarded grants totaling $1 million dollars to five children's hospitals/institutions in the Washington, D.C., Maryland and Virginia areas for pediatric cancer research. The company made the announcement at the grand opening of its new Washington, D.C. Office. A special grant presentation event was attended by over 250 guests including Hyundai executives, policy makers, industry leaders, hospital representatives, and the Hyundai Hope On Wheels national Youth Ambassador, 13-year old Hannah Adams. Also joining the event were several Members of the U.S. House of Representatives and U.S. Senate.
At the event, Hyundai Hope On Wheels pediatric cancer research grants were presented to: Georgetown Lombardi Comprehensive Cancer Center (Washington, DC), Children's National Medical Center (Washington, D.C.), John Hopkins Sidney Kimmel Comprehensive Cancer Center (Baltimore, Maryland), Children's Hospital of The King's Daughters (Norfolk, Virginia), and Children's Hospital of Richmond at Virginia Commonwealth University (Richmond, Virginia). These grants were among the first awards to be presented by the company this year, as a part of its continued commitment to support of pediatric cancer research in the U.S.
"From the very start of our company in the U.S. in 1986, Hyundai has been committed to corporate social responsibility and the importance of helping to make society better," said Jerry Flannery, President and CEO, Hyundai Motor America. "We joined the fight against pediatric cancer nearly 20-years ago, as a way to help children fight this terrible disease. Every 36 minutes a child is diagnosed with pediatric cancer. Because of research, 80% of kids diagnosed can survive the disease. But that's not good enough. That's why we are proud to award research grants to institutions that are doing life-saving work, to insure more kids get to fulfill their dreams and grow up in a world free of pediatric cancer."
Pediatric and cancer are two words that should never go together. Through Hyundai Hope on Wheels, the organization is committed to funding research that will increase cure rates and improve treatment for children diagnosed with cancer. Its mission is to end childhood cancer. Hyundai pediatric cancer research grants range from $50,000, $150,000 and $250,000 dollars and are available to any Children's Oncology Group (COG) member institutions in the U.S., for support of innovative research and novel therapy to treat the disease. In 2017, the organization has selected sixty-eight pediatric cancer research projects to be funded, totaling $15 million dollars. This brings the non-profit's total funding to pediatric cancer research to over $130 million and 855 separate research projects, since its inception. Later this month, the organization will announce that applications will be accepted for its Hyundai Quantum Award category. The Hyundai Quantum is a peer-reviewed $1-million dollar research grant to COG institutions pursuing projects that target high risk pediatric cancers. Grant winning institutions will be announced later this year.
Hyundai Motor Group President, Jin Haeng Chung from the company's global headquarters in Seoul, South Korea also attended the event. "Hyundai Motor Group values as a business imperative, a commitment of contributing to improve society and to helping enhance the enjoyment of life for all of humanity. For over 30 years, we have proudly joined invested in communities across America to make society better. Hyundai Hope On Wheels is an excellent example of working together with leading researchers, doctors, families, and communities, to help more kids win their fight with pediatric cancer. We could not think of a better way to dedicate our new Washington DC Office, than to also align our commitment to pediatric cancer and our support for the local community," said President Chung.
The Hyundai Motor Group has invested over $7.7 billion and has direct employment of over 17,000, and its dealerships employ 85,000 additional people in the U.S.
For more information about Hyundai Hope On Wheels and to view a complete list of this year's grant winners, please visit HyundaiHopeOnWheels.org/research. Follow us on Facebook, Twitter or Instagram at facebook.com/HyundaiHopeOnWheels, twitter.com/HopeOnWheels or instagram.com/HyundaiHopeOnWheels.
HYUNDAI HOPE ON WHEELS
Hyundai Hope On Wheels® is a 501(c)(3) non-profit organization that is committed to finding a cure for childhood cancer. Launched in 1998, Hyundai Hope On Wheels provides grants to eligible institutions nationwide that are pursuing life-saving research and innovative treatments for the disease. HHOW is one of the largest non-profit funders of pediatric cancer research in the country, and primary funding for Hyundai Hope On Wheels comes from Hyundai Motor America and its more than 835 U.S. dealers. Since its inception, Hyundai Hope On Wheels has awarded more than $130 million towards childhood cancer research in pursuit of a cure.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through 835 dealerships nationwide. All new Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes a 5-year/60,000-mile fully-transferable new vehicle limited warranty, Hyundai's 10-year/100,000-mile powertrain limited warranty and five years of complimentary Roadside Assistance.
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SOURCE Hyundai Hope on Wheels