This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

MasterCard Announces Grant To Weill Cornell Medical College

Stocks in this article: MA

MasterCard today announced a $500,000 grant to Weill Cornell Medical College to support research efforts designed to end women's cancers.

The researcher‐in‐residence position created by this grant will work closely with other investigators under the close direction of Dr. Lewis C. Cantley, director of the Weill Cornell Cancer Center.

“We are humbled by MasterCard’s extraordinary generosity in support of our efforts to make treatment of female cancers more precise and effective,” Dr. Cantley said. “This grant ensures that Weill Cornell can continue the critical scientific investigation that leads to breakthrough therapies.”

“We support communities, programs and causes that impact our employees, cardholders and customers,” said Ajay Banga, president and CEO, MasterCard. “Through our relationship with Weill Cornell, we hope to spark the research that will deliver treatments that will turn cancer patients into cancer survivors, providing them bright futures.”

Cantley also leads Stand Up to Cancer’s Dream Team targeting PI 3‐kinases (PI3K) – enzymes that are linked to a wide variety of cellular functions, including cell growth and proliferation – in women’s cancers. This team is focused on developing protocols, procedures and cutting‐edge clinical trials that will deliver personalized care to address a variety of women’s cancers, including breast, ovarian and uterine cancer.

In 2014, Weill Cornell will open the MasterCard Principal Investigator Office Suite, in recognition of the company's commitment to cancer research. Housed in the state-of-the-art Belfer Research Building, this office will help maximize collaboration between teams focused on critical cancer research.

In addition to support of Weill Cornell Medical College, MasterCard has helped raise more than $17 million over the past four years for Stand Up to Cancer’s efforts to fund research that can help make everyone diagnosed with cancer a survivor.

This grant also extends MasterCard’s commitment to the greater New York area, as seen in programs like Priceless New York, CitiBike and the Mayor’s Fund to Advance New York City, which helped small businesses recover and rebuild from Hurricane Sandy.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,674.01 +317.14 1.83%
S&P 500 2,045.87 +32.98 1.64%
NASDAQ 4,722.4210 +78.1090 1.68%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs