The Hope Gala is an annual gala and year-round fundraising organizationestablished to support the fundraising efforts of Penn State Dance Marathon (THON). Since 2008, The Hope Gala has raised over $1,000,000 towards the mission of conquering childhood cancer. Four Diamonds is the sole beneficiary of THON's fundraising activities and THON is the largest contributor to Four Diamonds. All proceeds benefit childhood cancer patients and their families in need of financial aid, medical assistance, and emotional support at the Penn State Hershey Children’s Hospital. The Hope Gala was founded by the New York City Chapter of the Penn State Alumni Association with support from the Northern New Jersey Chapter.