Philadelphia-Based Toll Brothers Raises $5 million for Cancer Research
The Philadelphia-based real estate firm Toll Brothers has reached a milestone, winning an award on July 17 for raising over $5 million in donations for the American Cancer Society. This number establishes Toll Brothers as the second leading donor to the ACS on the east coast.
Toll Brothers CEO Doug Yearly told the Philadelphia Business Journal that the company’s extensive fundraising efforts stemmed from the fact that “everyone has been touched by cancer in some way.” “Everyone has his or her stories,” Yearly said. “I lost my dad to cancer and my cousin, who was like my best friend, to cancer…We started the relationship with American Cancer through a big gala fundraising event that we hold every spring in Philadelphia.”
This year’s black tie event in Philadelphia featured over 500 guests. Toll Brothers raises approximately $500,000 each year for the ACS. More, Yearly claimed that all of this money goes directly to funding research efforts, rather than administrative costs.
“We insist that all the money we raise all these years all goes to directly to research,” he told the Journal. “Every dollar goes directly to the researchers in the labs, hospitals, and schools who are doing everything they can to cure these various forms of cancer.”
Toll Brothers, a Fortune 1000 company based in Horsham, PA, is not only one of the leading luxury homebuilding companies in the Philadelphia metro but in the entire country, and a prime destination for Philadelphia MBA graduates seeking careers in real estate.
