Golf News for Thursday, June 12, 2014 | Charity

American Century Championship supports Stowers Institute for Medical Research

The American Century Championship, one of the top celebrity golf tournaments in the country, is celebrating its 25th anniversary. In honor of the late Jim Stowers Jr., American Century Investments' founder who passed away in March at the age of 90, we have designated the Stowers Institute for Medical Research as the official national beneficiary of this year's tournament. The 2014 event is July 15-20 at the beautiful Edgewood Tahoe golf course and will feature more than 80 prominent athletes and celebrities.

The Stowers Institute for Medical Research is a 550-person, basic biomedical research organization focused on improving the understanding of fundamental biological processes and using this knowledge to guide the development of innovative approaches to treat, diagnose and prevent disease. The Institute was established in 1994 through the extraordinary generosity of cancer survivors Mr. Stowers and his wife, Virginia, who dedicated their personal fortune to improving human health through basic research. Each year, more than 40 percent of American Century Investments' profits are distributed to the Institute. Total dividend payments since 2000 now exceed $1 billion.

The Institute will be featured within the NBC broadcast of the tournament and benefit from tournament fundraising activities, including proceeds from an auction of autographed celebrity golf bags used in the 2014 tournament. The attached news release has more detail about the tournament and the Stowers Institute. If you have any questions, please call me at 816 340-4638

Chris Doyle
American Century Investments