About 300 participants gathered at Ridder Arena on Saturday for the Interfraternity Council’s third annual hockey-broomball tournament to raise funds for University of Minnesota medical research.

The IFC expects a larger donation this year compared to years past because of a new charitable body created in 2016 — Lakes and Legends Foundation — which allows the IFC to donate all proceeds to the University.

Previously, the IFC’s fundraisers were held in partnership with greek event planning company, Collegiate Charities, which claimed 30 percent of the proceeds.

The money raised from Saturday’s tournament will fund research for pediatric cancer — the deadliest children’s disease in the United States — at the University’s Masonic Children’s Hospital.

“We wanted as much money to go to help with research as possible,” said Trey O’Bryan, IFC vice president of programming.

The tournament began as a greek event, but this year IFC opened participation up to anyone. The group also raised money by holding an open skate event, which was free for families at the hospital.

“They are doing a very important thing,” said Dr. Brenda Weigel, pediatric hematology and oncology director at the Masonic Cancer Center.

The donation will go toward funding lab discoveries for children in the clinic, Weigel said. The money will help with research for treating sarcomas, brain tumors, leukemia and bone and muscle cancers.

The IFC decided to donate the money they raise to help with pediatric cancer research because they saw an opportunity to help on a local level, said Simon Beck, the president of the IFC.