The amount of money spent on cancer research has grown every year. The American Cancer Society reported a cancer research budget of over 90 million back in 1988. Cancer organizations around the world have increased their research budgets as breakthroughs or promising treatments have been discovered and donations increase.
In the United Kingdom, 450-500 million pounds, equivalent to approximately 700 to 800 million US Dollars, is spent every year alone. Funding for cancer research comes from a variety of sources. The U.S. government recently earmarked over $21.5 billion federal stimulus dollars to be used for cancer research and development of future treatments. Other sources are various non-government agencies such as the American Cancer Society, Donald D. Dorfman Research Award, and the American Association for Cancer Research.
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Donations for cancer research by individuals is a valuable way of raising research dollars. The U.S. tax code makes donations of this type attractive when money is given to tax-exempt non-profit agencies. This allows donors to take deductions on their taxes each year, benefiting the individual and the organization.
Some organizations combine donations with shopping opportunities. Groups such as the Cancer Research Foundation partners with online merchants with a commitment that at least 80% of all donations will be dedicated to research programs devoted to cancer.
