Alex's Lemonade Stand Foundation Raises $250 Million

Alex's Lemonade Stand Foundation (ALSF) today announced it has secured $250,000,000 in new investment capital from investors. This significant funding round is poised to substantially enhance the foundation's efforts in its mission to find cures for all children with cancer and support affected families. The organization's roots trace back to Alexandra “Alex” Scott, who at four years old began a lemonade stand to raise money for childhood cancer research. Her initial goal was to fund cures for all children, inspiring a nationwide movement. After Alex's passing at age eight, having raised $1 million, ALSF grew into a leading entity dedicated to pediatric cancer research. Prior to this latest investment, the Foundation had already funded over 1,000 research projects across the U.S. and Canada, alongside providing critical programs for families navigating childhood cancer diagnoses. The newly secured $250 million will be strategically deployed to accelerate ALSF's core objectives. The Foundation plans to significantly expand its pediatric cancer research grants, enabling more groundbreaking studies into new treatments and therapies. Additionally, a portion of the capital will be allocated towards developing and scaling support programs for families affected by childhood cancer, ensuring comprehensive assistance beyond medical care. These initiatives are central to ALSF's commitment to both research advancement and direct family aid. This substantial injection of capital underscores confidence in ALSF's proven model and its impact within the pediatric cancer community. The funding is expected to solidify ALSF's position as a pivotal force in the fight against childhood cancer, enabling sustained growth and a broader reach in its ongoing mission to provide hope and ultimately, cures for countless children.