Inside the Institutes: City of Hope Receives $150M Gift to Advance Pancreatic Cancer Research

The $150 million gift was provided by entrepreneurs and philanthropists A. Emmet Stephenson Jr. and his daughter Tessa Stephenson Brand in honor of Toni Stephenson who passed away from pancreatic cancer. The centerpiece of this gift is the $1 million Stephenson Prize, one of the largest privately funded awards for scientific investigation, which will be awarded annually to a leading scientist or team making the most promising advancements in pancreatic cancer research, treatment and cures. The prize is open to individual investigators and teams driving innovation at institutions around the world. The first prize will be awarded in 2025.