http://www.washingtonpost.com/local/gund-pledges-50-million-for-blindness-research/2014/06/21/8f6c45e8-f956-11e3-9a6b-d701527e9d5d_story.html
COLUMBIA, Md. -- Businessman and philanthropist Gordon Gund is pledging
$50 million in matching donations as part of an effort to restore
vision for some blind people.

Gund is chairman of the Foundation Fighting Blindness, based in
Columbia. The 74-year-old former owner of the Cleveland Cavaliers lost
his sight to a degenerative retinal disease at age 30.

On Saturday, the foundation announced that Gund will match $50 million
or more in contributions to fund research to cure retinal diseases
that cause blindness. The goal is to raise $100 million total by 2020.

Gund says the foundation has already made significant advances toward
its goal and that the funding will help maintain its momentum.
Research from the foundation helped lead to the commercial launch of
the first "bionic retina."


Copyright 2014 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or redistributed
for commercial gains.


-- 
Avinash Shahi
M.Phil Research Scholar
Centre for The Study of Law and Governance
Jawaharlal Nehru University
New Delhi India



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