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History of the Fund

In 1972, Mr. E. W. "Al" Thrasher donated 2,034 acres of second-growth redwood timber property, with the intent that the proceeds from its sale would support pediatric medical research. In 1977, this timber tract was sold for nearly $14 million, leading to the establishment of the Thrasher Research Fund. In the early years, the small funding organization granted many awards in the area of biomedical research. As more money became available for grants, the Fund expanded its focus to include international concerns. More recently, in an effort to balance the Funds research portfolio and abide by the donors intent that the Fund remain open to research of all types, the Fund has shifted its emphasis to include more domestic research. So far, the Fund has awarded over $40 million in research grants, resulting in diagnostic methods, treatments, and governmental policies that have improved the lives of children in many countries.