FUNDRAISING NEWS: Bone marrow group raises £1m in fifth year of fundraising

The International Myeloma Foundation has reached the £1 million milestone in its fifth year.

The bone marrow cancer charity, which now has 7,000 members on its database, raised the bulk of the money through fundraising events including cinema screenings and marathon runs, and a variety of activities in National Myeloma Awareness Week in June.

Eric Low, the foundation's executive director, who started the charity five years ago at his home in Edinburgh, has raised around 15 to 20 per cent of the income by forming relationships with companies including pharmaceutical giant Novartis.

Approximately £70,000 has come from grants from charitable trusts, and legacy donations accounted for more than £70,000.

The foundation aims to raise a further £1 million by the end of 2004 through a more targeted approach to corporate fundraising, grant applications and campaigns such as legacy giving rather than existing on an "ad hoc

basis.

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