Borelli Investment Company Selects Canary Fund as Corporate Charity
Borelli Racing out to lead the pack for Canary Fund at the inaugural
San Jose Grand Prix, July 29th-31st, 2005
San Jose, Calif., May 26, 2005 — Borelli Investment Company, a San Jose-based real estate firm celebrating its 50th anniversary in 2005, announced that it has selected Canary Fund—a nonprofit organization dedicated to early detection and prevention of cancer—as its corporate charity. Borelli Investment Company will direct the majority of its corporate giving to the Canary Fund in 2005, and will also encourage clients and business associates to contribute to the San Jose-based charity. In addition, Borelli Racing is involved with the inaugural San José Grand Prix Champ Car race in downtown San Jose the weekend of July 29th – July 31st, which will donate a significant portion of its proceeds to Canary Fund.
Founded in 2004 by high-technology executive Don Listwin, Canary Fund is dedicated to finding new ways to detect cancer in its earliest, most curable stages. Listwin’s family, like many others, has been touched by cancer. In recent years, the Listwin Family Foundation has contributed more than $14 million to early detection research at Fred Hutchinson Cancer Research Center and Stanford University .
“So many families today have been affected by this disease,” said Ralph Borelli , CEO of Borelli Investment Company. “When we learned about Canary Fund and the important things that the organization is doing through Borelli Racing’s association with the San José Grand Prix, we knew that this was a cause that we wanted to be involved in.”
Canaries in a Coal Mine
Canary Fund takes it name from the use of canaries as an early warning system for coal miners. Beginning in the late 19th or early 20th century, miners in the U.S. and U.K. often owed their lives to these gentle birds, which are particularly sensitive to the build-up of odorless, colorless carbon monoxide and other harmful gases that can occur in a mine after a fire or explosion. Canaries were common sights in coal mines until the mid-1980s, when electronic devices replaced them.
Canary Fund’s primary focus is on a standardized family of biomarker signatures for the detection of cancer at the earliest possible stages. In addition to Fred Hutchinson Cancer Research Center , other Canary Fund partners include Stanford University Medical School, USC, and UCSF Comprehensive Cancer Center .
Race to Stop Cancer
Borelli Racing is excited to be participating in the San José Grand Prix, which will see Champ Cars hitting speeds of over 200 mph on a 1 1/2 mile, 10-turn layout around the San Jose Convention Center. One of Ralph Borelli ’s passions is motor sports, and in 1999 Borelli purchased a vintage Winston Cup race car, which he still runs in NASCAR’s Historic Stock Car Racing Series (HSCRS). An HSCRS competition will be part of the San Jose event. There will also be a street festival, live music, driver autographs, interactive games, and even beach volleyball—right in downtown San Jose.
“It should be a great time for everyone—whether a long-time NASCAR fan or someone who just wants to enjoy a summer weekend—and it will also be a great way to support a very worthy cause,” Borelli noted. “I hope that all of Silicon Valley comes to see what this Champ Car event is all about.”
Celebrating its 50th anniversary in 2005, Borelli Investment Company is one of the oldest commercial real estate firms in the Santa Clara Valley . The company provides a full range of commercial real estate services—from development and construction management to land sales and consulting for sales and leasing. More information about Borelli Investment Company’s services may be obtained by calling (408) 453-4700 or visiting www.borelli.com.