Penn State THON Raises Nearly $17 Million in 2024 (2024)

Penn State THON Raises Nearly $17 Million in 2024 (1)

Penn State's student-run philanthropy set another fundraising record during its annual dance marathon.

Penn State THON, the world's largest student-run charitable organization, reached another fundraising milestone during its 2024 dance marathon at the Bryce Jordan Center. The THON event raised a record $16,995,683 million for pediatric cancer research and treatment, a cause it has supported for more than 50 years. Proceeds from THON benefit Four Diamonds, a national non-profit fund that covers medical expenses for families experiencing childhood cancer at Penn State Health Children's Hospital and supports the Penn State College of Medicine's cancer research program.

Penn State THON has raised nearly $220 million for pediatric cancer research since 1977. More than 700 Penn State students this year participated in the 46-hour event, without sitting or sleeping, in what has become a global event.

Penn State athletics teams have become stakeholders in THON, volunteering and attending the event and performing dance routines for participants. On Saturday, members of the Penn State men's basketball team attended THON after playing an afternoon game at Nebraska. Penn State coach Mike Rhoades attended his first THON.

The Penn State football team hosted its annual THON Explorers Program, entertaining and interacting with kids and families at Holuba Hall.

More scenes from Penn State THON 2024.

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Penn State THON Raises Nearly $17 Million in 2024 (2024)

FAQs

Penn State THON Raises Nearly $17 Million in 2024? ›

The 2024 Penn State IFC/Panhellenic Dance Marathon (THON) has raised a record $16,955,683.63 for Four Diamonds at Penn State Health Children's Hospital. This surpasses THON 2023's record-breaking total of $15,006,132.46 by nearly $2 million.

How much money did Penn State Thon raise in 2024? ›

THON 2024 raised $16,955,683.63 For the Kids, breaking THON's single-year fundraising record for the third consecutive year. Read the Full News Story: https://www.psu.edu/news/impact/story/thon-2024-raises-record-breaking-169-milli...

What does Penn State Thon raise money for? ›

History of THON™ Fundraising by Year

Every year, thousands of Penn State students dedicate hundreds of hours to fundraise for THON™ and support cancer treatments for Four Diamonds children and their families. Below are the past 12 years of THON™ fundraising totals.

What is the largest student-run fundraiser? ›

The annual 46-hour dance marathon raises money for children and families affected by childhood cancer. All donations collected benefit Four Diamonds at Penn State Health Children's Hospital. The event is the single largest student-run philanthropy in the entire world.

How many students participate in Penn State Thon? ›

Today, with more than 700 dancers and 16,500 student volunteers participating annually, the Penn State IFC/Panhellenic Dance Marathon (THON) has grown into the largest student-run philanthropy in the world.

Does Penn State use THON as a tax write off? ›

Is my donation to THON tax deductible? Yes, all donations to the Penn State Dance Marathon and Four Diamonds are tax deductible. Our federal tax ID Number is 24-6000-376. All monetary donations above $25 will be receipted by The Pennsylvania State University.

How many scholarships did Penn State lose? ›

Early in O'Brien's tenure, the NCAA sanctioned Penn State with a four-season postseason ban and a loss of 40 scholarships due to the child sex abuse scandal.

What is the most Penn State THON has ever raised? ›

The 2024 Penn State IFC/Panhellenic Dance Marathon (THON) has raised a record $16,955,683.63 for Four Diamonds at Penn State Health Children's Hospital. This surpasses THON 2023's record-breaking total of $15,006,132.46 by nearly $2 million.

Who makes the most money at Penn State? ›

Last fall, Penn State's head football coach, James Franklin, received a new 10-year contract extension making a guaranteed $7 million each year. Franklin was the highest-salaried employee on Penn State's top-25 list for the fiscal year 2019-2020.

Can you sit at Penn State THON? ›

It is a yearlong fundraising-effort, culminating in a 46-hour, no-sitting, no-sleeping dance marathon. All money raised through THON supports the Four Diamonds Fund, which covers all medical bills for families treated at the Penn State Children's Hospital in Hershey, Pennsylvania.

What is the most successful fundraiser ever? ›

Here are five campaigns that made it into the record books.
  1. Most money raised in a week: Disasters Emergency Committee. ...
  2. Most participants in a charity run: Run for The Pasig River. ...
  3. Most money raised by a charity livestream: Z Event. ...
  4. Most individual donations of all time: George Floyd Memorial Fund.
Jun 16, 2024

What charity is Penn State proud of? ›

“Penn State is a proud and steadfast supporter of the Centre County United Way, which supports our neighbors in need through responsive, individualized services at the intersections of health, education and financial stability,” said Penn State President Neeli Bendapudi.

What fundraiser raises the most money? ›

13 Most Profitable Fundraisers
  • Bake Sale. Your organization only needs a few things to organize a bake sale: a location for your sale, volunteers to run it, baked treats, and hungry supporters! ...
  • Art Show. ...
  • 5K Fundraiser. ...
  • Auction. ...
  • Matching Gift Drive. ...
  • Car Wash. ...
  • Drive-In Movie. ...
  • Text-to-Give Fundraiser.

Where does Penn State Thon money go? ›

The money students raise goes to Four Diamonds, a charity nested inside the Penn State system. And while THON promotes the benefits for children and their families, Four Diamonds uses the majority of the money to fund research and related endowments.

Can anyone go to PSU THON? ›

Entrance to THON is free and open to the public, and does not require a ticket to attend. Members of the public attending THON will enter the Bryce Jordan Center through the general spectator line at will call via the BJC ticketing office, between gates A and B on the side of the building facing Curtin Road.

What does Penn State thon benefit? ›

THON is a student-run philanthropy committed to enhancing the lives of children and families impacted by childhood cancer. Our mission is to provide emotional and financial support, spread awareness, and ensure funding for critical research—all in pursuit of a cure.

How much money does Penn State football bring in per year? ›

Jones noted that football “as a whole” brought in nearly $110M in revenue, up from $105.6M in 2021-22. The football program reported $9.6M in “program, novelty, parking and concessions revenue” which marks a “significant increase” from $7.82M a year earlier.

Did Penn State tuition go up? ›

Last summer, the trustees approved similar increases for the 2023-24 and 2024-25 academic years. A typical in-state undergrad would see their yearly tuition next year rise $402 to $20,468. Out-of-state students taking classes in Happy Valley would see tuition rise $1,648 to $42,860.

How much does Penn State make in a year? ›

Moving onto operating expenditures, which accounts for the money brought in and spent on primary business initiatives, the university's operation revenues grew to a $7.89 billion mark in 2022, a $590 million increase from the last fiscal cycle.

What is THON 2024? ›

Starting July 1, THON will kick off the 2024 fiscal year, which begins the yearlong fundraising effort for the organization's sole beneficiary, Four Diamonds. The year-round effort culminates during THON Weekend, where select students will participate in a 46-hour no-sitting, no-sleeping dance marathon.

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