The Greater Sacramento New Car Dealers Association has pledged $1 million over 10 years to pediatric research at Shriners Hospitals for Children Northern California.
The endowment, part of the association's "Accelerate Hope" campaign, will be used to establish the "Fund for Innovation" to help treat sick and injured children at no cost to their families.
"This is the first association donation of its kind for Shriners Hospitals for Children... ," said Alan Anderson, development director of the Sacramento hospital. "Their gift is ground-breaking in its magnitude . "
Officials said the funding will enable the Shriners Institute for Pediatric Regenerative Medicine to do further research on the prevention of congenital conditions, such as cerebral palsy, and enhance treatment of traumatic injuries.
John Driebe, president of the dealers association, said he hoped the research "will not only benefit the children but have broader-range implications for adults as well."
The Greater Sacramento New Car Dealers Association represents more than 80 members in the region.