Globally, over $12.6 billion was spent on cancer research in 2001. Australia reports over $55 million has been spent by cancer researchers in that country, with over $37 million of that since 2004. In 2008 three research grant applications were awarded that totaled $7.5 million.

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.

Show you care

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.

Tweet This Post