(TORONTO, September 8, 2016) – The Faas Foundation announces that it has agreed to fund a fourth professorship with the Israel Cancer Research Fund (ICRF), supporting the research of Professor Yinon Ben Neriah at Hebrew University. His research focuses on regulating normal and malignant stem cells in order to improve existing therapies. The Foundation has been committed to funding basic research that may help lead to new treatments and cures for some of the most aggressive forms of cancer. This new gifts marks $1.6 million in donations to ICRF.
Joy Wagner Arbus, executive director of ICRF, said, “Andy is the greatest ambassador of Israel Cancer Research Fund. His passion and generosity are unequalled and he has devoted a tremendous amount of his personal time supporting [research] and speaking about the salient characteristics of the cause.”
Foundation President Andrew Faas first funded research when a newly created drug halted the progress of his Chronic Myelogenous Leukemia. The miracle drug Gleevec attacked a protein caused by his cancer, sparing his healthy cells. Faas’s astounding recovery inspired him to support the ongoing work of ICRF. The drug turned what might have been a death sentence into a chronic condition. Today he is a 12-year cancer survivor.
ICRF supports scientific research at all of the major research hospitals in Israel, including the Weizmann Institute of Science, Technion, Hadassah Hospitals and Bar-Ilan University, to name only a few. Their scientists and doctors hail from a multitude of backgrounds and religions and their research has stood as a foundation for cancer programs around the world.
The spirit of egalitarian cooperation in the pursuit of healing and science influenced the Foundation’s decision, but Faas was also impressed by the ICRF’s business model: “Israel has a cost-effective research structure and superior intellectual assets. It’s good to know that this gift will have an impact on the future because of world class ICRF research,” he said.
THE FAAS FOUNDATION was established in 2005 by Andrew Faas and supports organizations in the areas of general health, education, medical research and psychologically healthy, safe and fair workplaces. The Foundation was started because of Faas’ deeply held concern for solving health issues through funding basic research projects. His work as an anti-bullying activist reflects his desire to create healthy work environments. The Foundation partners with a variety of organizations in the United States and Canada to collaborate on solutions for some of the world’s most pressing medical and societal issues, such as cancer research, workplace well-being and HIV/AIDS care. As part of the Foundation’s overall initiative to creatcreate psychologically safe, healthy and fair work environments, it also partners with the Yale Center for Emotional Intelligence and Mental Health America.