Strengthening the Karmanos Impact: End of Year Giving Opportunities

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As you consider your end-of-year giving plans, below are several ideas for supporting the Barbara Ann Karmanos Cancer Institute.

Qualified Charitable Distribution

A qualified charitable distribution (QCD) allows individuals aged 70½ years or older to support our mission in a simple and tax-advantaged way. You can give any amount up to $108,000 annually from your IRA directly Karmanos without paying income taxes on the distribution. This popular gift option is also commonly referred to as the IRA charitable rollover.

Donor-Advised Fund

A donor-advised fund (DAF) is an excellent way to maximize your charitable giving while receiving meaningful tax benefits. You can secure an immediate tax deduction by contributing assets, such as cash or appreciated investments. These contributions are managed by a trusted sponsoring organization, like a community foundation or financial institution, allowing your assets to grow tax-free. As a donor, you can recommend grants to qualified charities at your discretion, making a lasting impact on the causes you care about most.

Friends Raising Funds

Our Friends Raising Funds program is for individuals, community organizations and businesses that seek ways to get involved. From golf outings and walks to bake sales and private dinners, hosting your own event offers an excellent opportunity to support Karmanos and showcase your creativity.

Financial Donations

Financial donations help Karmanos conduct state-of-the-science cancer research, develop the latest diagnostic and treatment options, and recruit and retain world-class cancer specialists. Donations can commemorate a special occasion or express appreciation for a dedicated doctor, nurse or other caregiver. A Gift of Hope note can be sent to the designated person, notifying them that a tribute gift has been made in their honor.

Donations can be made online at karmanos.org/help or by calling (248) 304-2930 to give by phone. To contribute by mail, please make a check payable to the “Karmanos Cancer Institute” and mail it to:

Karmanos Cancer Institute

Contributions – VEO1FS

4100 John R

Detroit, MI  48201

Please include your name, address and telephone number, and provide any special acknowledgment or receipt information.

Visit karmanos.org/give for more information about the programs above and to discover additional ways to support Karmanos Cancer Institute. To contact our giving department directly, email giving@karmanos.org or call (248) 226-2105.

Tax ID Number: 38-1613280 | MICS9108