Search IconSearch
November 16, 2023/News Releases

More than $14.3 Million Raised for VeloSano 10 (2023) and Cancer Research at Cleveland Clinic

The most successful year yet for the fundraising movement

Media Downloads

images: 0

video: 0

audio: 0

text: 0


Over $14.3 million has been raised in year 10 for VeloSano, Cleveland Clinic’s year-round fundraising movement for cancer research. This record-high milestone was made possible by the cumulative strength and dedication of the VeloSano community, which includes participants in the annual Bike to Cure ride, virtual fundraisers, partners, Trike & Bike junior riders, volunteers, researchers and donors.

The total amount was announced today in a video celebrating the results for VeloSano 10 and a decade of funding for cancer research at Cleveland Clinic and Cleveland Clinic Children’s. Since its inception in 2014, more than $51 million has been raised for VeloSano, which over ten years has grown from one weekend event to a year-round movement. To view the video, click here.

“According to the American Cancer Society, the cancer death rate in the United States has decreased by 33% since 1991, which is about 3.8 million lives saved,” said Alex A. Adjei, M.D., Ph.D., Chief of Cleveland Clinic Cancer Institute. “Cancer research has played an important role in the decline, and the support we receive through VeloSano enables Cleveland Clinic to expand our work to eliminate death and suffering from cancer.”

Cancer researchers throughout Cleveland Clinic apply for funds raised for VeloSano, with the money being awarded to research proposals with the greatest promise. Thus far, VeloSano has supported more than 220 cancer research projects. Those projects often go on to earn research grants from the National Institutes of Health and other entities. The total return from additional, outside funding now surpasses $85 million, making the total impact of VeloSano more than $136 million.

VeloSano has gained significant momentum in raising money for cancer research at Cleveland Clinic due to the support of its partners, including but not limited to: Founding Partners the Cleveland Guardians and the Kohl Fund; Supporting Partners Adcom, Jones Day and Lexus; and Contributing Partners Amgen, AstraZeneca, Gilead, GSK, Global Prairie, House of LaRose/Michelob Ultra, KeyBank, The Lerner Foundation, Novartis, and TransDigm Group.

“I’m overjoyed by the outpouring of support generated as we blew past our goals this year,” said Stewart Kohl, founder of VeloSano and Co-CEO of The Riverside Company. “At just a decade old, this already powerful movement keeps growing as we fund groundbreaking cancer research that’s finding cures and extending lives. VeloSano is tens of thousands of people strong, comprised of passionate riders, volunteers, donors and staff funding the incredible work of our dedicated research teams. I’m delighted to see our vision for VeloSano become such a powerful force for good.”

Next year’s flagship fundraising event for VeloSano, Bike to Cure, will be held on Sept. 6-7, and registration information will be available on velosano.org in early 2024. To learn more about the various ways to get involved in VeloSano year-round visit velosano.org/get-involved.

To read about projects funded by VeloSano visit impact.velosano.org.

About Cleveland Clinic

Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. Cleveland Clinic is consistently recognized in the U.S. and throughout the world for its expertise and care. Among Cleveland Clinic’s 81,000 employees worldwide are more than 5,743 salaried physicians and researchers, and 20,160 registered nurses and advanced practice providers, representing 140 medical specialties and subspecialties. Cleveland Clinic is a 6,690-bed health system that includes a 173-acre main campus near downtown Cleveland, 23 hospitals, 276 outpatient facilities, including locations in northeast Ohio; Florida; Las Vegas, Nevada; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2023, there were 13.7 million outpatient encounters, 323,000 hospital admissions and observations, and 301,000 surgeries and procedures throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 132 countries. Visit us at clevelandclinic.org. Follow us at twitter.com/CleClinicNews. News and resources available at newsroom.clevelandclinic.org.

Editor’s Note: Cleveland Clinic News Service is available to provide broadcast-quality interviews and B-roll upon request.

Latest from the Newsroom