Chao Family Comprehensive Cancer Center

Philanthropy

Private Giving to Cancer Research at University of California, Irvine At the Chao Family Comprehensive Cancer Center, philanthropic gifts play a major and unique role in the funding process of our research efforts. All gifts to the cancer center are carefully leveraged to maximize their impact, often serving to attract major support from other funding sources. Endowment gifts are invested through the UC Irvine Foundation to provide maximum returns. Immediate gifts are carefully utilized and stewarded. Gifts to the area of cancer treatment and research at UC Irvine represent a unique investment in battling this deadly disease. Through external funding, UC Irvine seeks to expand its investment in research projects and clinical programs.

Gift Opportunities for Cancer Research

Currently, there are three naming opportunities at the Chao Family Comprehensive Cancer Center:

Creation of a major fund to support cancer research
Sponsorship of an endowed chair for cancer research
Naming of a Women’s Cancer Research Center at UC Irvine

Gifts to the area of cancer treatment and research at UC Irvine truly represent a unique investment in battling this deadly disease. One of the major objectives of the Chao Family Comprehensive Cancer Center is to recruit the best and the brightest clinicians and scientists. Research universities provide funds for salaries and laboratory set-up, but scientists must conduct research that is self-sustaining. The “best and the brightest” scientists bring with them a wealth of talent and skill and help to attract funding—both federal and private—that is critical in supporting their work. The ability to support research also helps attract the most promising scientists to a university.

Through external funding, UC Irvine seeks to expand its investment in research projects and programs. Since there are limitations and challenges to federal funding for cancer research, philanthropic dollars are crucial. A major gift for cancer research will advance our efforts and contribute to our only true bottom line—improving and saving lives.

Gift Options

To maximize the charitable deductions available by law, the donor’s accountant or the UC Irvine Legacy Planning can assist the donor in determining the optimal gift payment plan.

Gifts of Cash, Stock or Assets

Outright gifts may be made, payable to the UC Irvine Foundation. Outright gifts include cash, credit cards, gifts of stock or other readily marketable assets. Real estate may be given, but special care is exercised in valuing this and other “hard to value” assets. Special consideration should be given to gifts of appreciated securities and real estate, as gifts of appreciated property are not subject to capital gains taxes and are among the most beneficial gift assets for our donors.

Pledge

A pledge to the UC Irvine Foundation may be paid over a three-year period. The payment plan can be flexible within this pledge.

Charitable Income Tax Deductions

Gifts of cash, including credit card gifts, may be used as charitable income tax deductions to offset up to 50 percent of a donor’s income. Charitable income tax deductions for gifts of appreciated property are limited to 30 percent of a donor’s income. In both cases, however, the donor may “carry forward” any unused deduction for an additional five tax years. Thus, if a donor is making a very significant gift which requires the payments to be spread out over a number of years, thereby extending the carry forward period accordingly, this option may be most advantageous.

We look forward to speaking with you about these opportunities to support cancer research at the University of California, Irvine.

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Philanthropy