Skip to Content
 
give now button2-green

Follow Us!

facebook

Get started today!





Dedicated to Funding Research

UAB Comprehensive Cancer Center

The Breast Cancer Research Foundation of Alabama makes its annual gift to UAB Comprehensive Cancer Center.

The Breast Cancer Research Foundation of Alabama is making a donation of $500,000 this year to UAB for cancer research. This latest contribution brings the foundation's cumulative gifts to cancer research at UAB to nearly $4.5 million since 1996, when the organization was founded.

Bruce Sokol became a co-founder of the BCRFA about a year after his wife, D.D., was diagnosed with breast cancer.

"I was trying to help find a cure while she was alive," he says. "After much consternation about what I could do with all the energy that had been built up inside me...it led me toward raising money." Fortunately for Bruce, he did not have far to look to find an appropriate recipient for the money. "Being in a community with UAB, and them being on the cutting-edge of cancer research, it was a great fit," he says.

BCRFA co-founder Dolly O'Neal has her own personal experience with the disease, having been diagnosed with breast cancer in 1994. After surgery, she was given the all-clear at the time. When she and Bruce started the foundation, she says she wasn't thinking of her own health.

"We wanted to raise money for research, and my goal was to keep my daughter and her generation from going through this," Dolly says.

But Dolly's breast cancer came back in 2009, and her doctor at the cancer center, Andres Forero, M.D., treated her successfully using a new drug the center was testing. Her cancer came back again in December, and Dolly is being treated using another new drug the center is putting through a Phase-3 trial.

In both cases, money from the foundation helped fund the research. Such donations are critical given recent reductions in federal funding, according to Dr. Forero, senior scientist at the center. This support from the foundation—when divided up into smaller sums for investigators at the cancer center—allows those scientists to gather the data they need to give their funding proposals a better chance of success when they seek bigger grants from external sources.

The foundation's annual donation to UAB is funded with the proceeds from its fundraising efforts during the previous year, including events, individual and community donations, and sales of specialty breast cancer license plates.

Show Your Support
Research makes an ideal area for estate gifts that continue to give far into the future. For more information about giving to the UAB Comprehensive Cancer Center, visit www3.ccc.uab.edu.

eBrochure Request Form

Please provide the following information to view the brochure.

 
 
 
 

A charitable bequest is one or two sentences in your will or living trust that leave to the University of Alabama at Birmingham a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to the University of Alabama at Birmingham [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to UAB or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the gift tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to UAB as a lump sum.

You fund this trust with cash or appreciated assets—and receive an immediate federal income tax charitable deduction. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to UAB as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and UAB where you agree to make a gift to UAB and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.