Under the leadership of ALSAC's President and CEO, Richard Shadyac Jr., ALSAC has dramatically increased fundraising and awareness, in an effort to meet the increasing operating budget of St. Jude with one goal in mind: providing St. Jude the resources it needs as it expands its mission.
“I can say without hesitation we have the most generous donors and supporters on the planet,” said Shadyac. “That support is the lifeblood of our plans and expansion and no doubt will drive future efforts at St. Jude as we continue to find cures and help save children. It enables St. Jude leadership and our Board to dream big in its efforts to fight childhood cancer and other deadly diseases.”
ALSAC and St. Jude also have funds set aside for future growth or potential economic problems increase. These funds ensure that St. Jude can fulfill a nearly $1 billion commitment to just its current patients, many of whom will be in treatment for two to three years with an average cost of more than $425,000, pay for more than a billion dollars in new construction and still afford as much as $300 million a year in new operating costs resulting from the St. Jude 2021 plan.
We know we must to work toward the fulfillment of our founder’s dream. Together, with our generous supporters, we won’t stop until no child dies from cancer.