LifeBanc, a nonprofit organization founded in 1986, is focused on saving and healing lives through organ, eye, and tissue donation for transplantation. Operating in northeast Ohio, LifeBanc serves 20 counties and collaborates with 80 hospitals and two transplant centers. The organization's mission involves not only facilitating donations but also providing professional and community education and grief support to donor families. As part of its efforts, LifeBanc advocates the message that a single organ, eye, and tissue donor has the potential to save and heal over 50 lives. With more than 500,000 Americans benefiting from organ transplants, LifeBanc's work has made a significant impact. However, the current waiting list for life-saving transplants in the United States stands at over 120,000 individuals, including 1900 in Northeast Ohio, highlighting the ongoing need for such initiatives. LifeBanc's involvement extends to its membership in the Organ Procurement and Transplantation Network (OPTN), managed by the United Network for Organ Sharing (UNOS) since 1986. In addition, the organization is proud to host the Donate Life Transplant Games in Cleveland in 2016, an event expected to draw thousands of recipients, donor family members, and supporters to celebrate the gifts of life given and received. The focus of LifeBanc on the critical area of healthcare, particularly in organ and tissue donation, underscores its societal significance and potential for impact. Given the organization's multi-faceted approach and its commitment to serving both the medical community and the broader public, LifeBanc presents an intriguing opportunity for investors seeking to support initiatives in healthcare and social impact.
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