Accelerating Success
BrightEdge is the philanthropic impact fund of the ACS. We will raise capital from Impact Donors who want to have a more direct approach to philanthropy. We invest in for-profit companies and our goal is to advance the speed of commercial adoption of novel and innovative therapies, diagnostics, devices, and technologies. By doing so, we are democratizing access to these innovative care tools and getting us closer to better ways to prevent, detect, treat, and even cure cancer. BrightEdge has the potential to accelerate the ACS mission by complementing our historical funding of novel and innovative translational research with a focus on investing in companies with commercial solutions addressing large, unmet addressable cancer needs. We’re filling much-needed funding gaps to drive the best ideas to market faster, so cancer patients can benefit from less invasive – and more successful – treatments.
THE CASE FOR BRIGHTEDGE
The fund has one main purpose: drive innovation to accelerate progress in the decades-long fight against cancer – saving and improving lives today.
We are an extension of the American Cancer Society, aimed at accelerating delivery of innovative technology to cancer patients.
We will leverage the American Cancer Society’s expertise and depth of knowledge to identify companies making a measurable impact on cancer. Then utilize a rigorous diligence process to ensure funds are invested wisely.
As good stewards of the American Cancer Society’s mission and finances, we will hold the patients we serve at the center of every decision.
We will add value to our portfolio companies by providing mentorship and advice based on the deep experience of BrightEdge leadership and advisors.
What does this mean to the potential Impact Donor? Put simply, it means that you could be part of the next great breakthrough in cancer treatment.
A TRACK RECORD OF SUCCESS
We are entering an era of tremendous biological advances, making this the right time to invest in biotech and life science enterprises. Within the next decade, we’ll see many more advances in:
We've invested $4.9 billion in research funding – comprising 31,000 grants to more than 24,000 investigators and trainees at more than 1,100 institutions – since 1946.
49 ACS-funded principal investigators have gone on to win the Nobel Prize.
Over 800 grants are active at any given time totaling over $400 million.
More than 5,000 scientific experts (scientists, clinicians, and health professionals) are involved in our programs as grantees, reviewers, trainees, and
ACS staff.
Currently, the American Cancer Society is funding 142 awards for professorships to research professors across the US.
71% of NCI-designated Cancer Center Directors have received ACS funding.
Building on the American Cancer Society’s success in identifying the best and the brightest researchers, BrightEdge will identify the best and bright entrepreneurs commercializing breakthroughs.
WHY NOW?
We are entering an era of tremendous biological advances, making this the right time to invest in translational research. Within the next decade, we’ll see many more advances in:
Human genome sequencing
Immunology
Computational power
New measurement and analytical techniques
Tools for gene therapy and synthetic biology
WHY BE INVOLVED?
What does all this mean to potential Impact Donors? Put simply, it means that you will have insights on where your donations are invested, track our portfolio companies' success, and be part of the next great breakthrough in cancer treatment.
LEADERSHIP TEAM
BrightEdge is guided by a leaders at the American Cancer Society with two advisory councils and an operating team Our scientific advisory council allows us to identify the best research in which to invest, and our investment advisory council will help us seek out and structure a smart portfolio that will lead to successful ventures, economic return for additional investments in research, and most importantly, outcomes for cancer patients.
All donations are tax-deductible
Regular reporting and engagement to track progress and impact
Annual Impact Donor Conference to meet our portfolio and fellow impact donors
Access to a community of
innovators and transformational philanthropists
Returns will be reinvested in the American Cancer Society’s research and mission
Corporate donors can join with the American Cancer Society to help lead the fight for a world with out cancer
LEADERSHIP TEAM
BrightEdge comprises two advisory councils and an operating team. Our scientific advisory council allows us to identify the best research in which to invest, and our venture advisory council will help us seek out and structure a smart portfolio that will lead to successful ventures, economic return for additional investments in research, and most importantly, outcomes for cancer patients.
Gary Reedy - ACS CEO
Mike Krepps - Principal
Daniel Coley - Senior Analyst
Glen Stephen - Senior Office Administrator
Arnold M. Baskies, MD, FACS
Lita Nelson, MD
Ray Lane
Amit Kumar, PhD
Andrew Lo, PhD
Bruce N. Barron
Alice L. Pomponio
Carl June, MD
Arul Chinnaiyan, MD, PhD
Daniel Sullivan, MD
John Lazo, PhD
MORE ABOUT BRIGHTEDGE
BrightEdge is a limited liability company wholly-owned by the American Cancer Society and established to make mission investments. Donations to the American Cancer Society that advance the BrightEdge purposes are made through an Impact Donor Agreement. Donors should consult with their own tax advisors. Contact us to learn more.