The parents of Preston schoolgirl, who set up a charity in her name, have said they will cease fundraising once they hit a target of £1m.
Paula and David Holmes established the Katy Holmes Trust following the death of their 10-year-old daughter in January 2012, and have campaigned to raise money to fund research into paediatric brain tumours ever since.
But, in an announcement on the Trust’s Facebook page, the couple, who are also parents to daughters Charley and Scarlet, broke the news that when they reach £1m they will stop.
Paula said: “The charity will not dissolve when we reach the milestone, we just won’t be actively fundraising that’s all, although the North West Pride Awards will continue annually.
“If there is one thing we have learned it is that life goes on whether you want it to or not so it’s better to make the best of it and sitting and dwelling on everything bad that happens to you gets you nowhere.
She added: “We continue to stay positive.
“We continue to fight and we continue to do what’s best for the children.”
Paula, who this year won the Inspirational Woman of the Year award at the Enterprise Vision awards, said that despite the bombshell, the charity still has a lot of money to raise before reaching the milestone.
She said: “We are currently at around £625,000 so there is still the mammoth task of raising another £375,000.
“We have so much planned for 2015 which is very exciting and the charity will certainly fly higher than ever for a while!
“We have the support of our Patrons, Ambassadors and Team Katy as so lets allow the charity to finish on a high when it is time.”
And Paula added that support to reach the £1m.
She said: “I do hope you can continue to support us as we fight on for that cure through the charity.
“We need you more than ever now.”