CN Winter 2007

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    A QUARTERLY PUBLICATION OF CITY OF HOPE I VOLUME 18 NUMBER 1 WINTER 2007

    Breaking

    through the

    blood brain

    barrier

    Islet cell researchprogram backed by

    national foundation

    CityNewsPersonalizedmedicine:Attacking

    cancer onepatientat a time

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    2 I CITY NEWS WINTER 2007

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    Nonprofit

    Organization

    U.S. Postage

    P A I D

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    helping us to be more efficient in

    communicating how your support is touching

    millions of lives.

    ADDRESS SERVICE REQUESTED

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    Specifics and Benefits: Must be age 70 1/2 or older.

    You can donate up to $100,000 per year in 2006 and 2007.

    Your donation may be counted toward the required minimal distribution for tax-deferredretirement accounts in the year the gift is made.

    The IRA Charitable Rollover applies to outright gifts only.

    A gift from your IRA will not generate federal taxable income or a tax deduction.

    Its easy Simply instruct your IRA custodian to transfer funds directly to City of Hope.

    For further information, please contact the Gift Planning Department at 800-232-3314.

    Individual IRA distributions can be subject to income tax as high as 35%.Additionally, if an heir inherits the IRA it may be subject to estate tax.

    By making an IRA Charitable Rollover directly from your IRA to City of Hope,

    BOTH OF THESE TAXES CAN BE AVOIDED.

    The new Pension Protection Act allows you to contribute part of your IRA to charity

    without paying federal income taxes on the withdrawal through December 31, 2007.*

    Did you know that...up to 65 cents of every dollar in your

    Individual Retirement Account (IRA) may go to taxes?

    *Confer with your advisor regarding your options as differing state tax laws may affect your plans.

    www.cityofhope.org/giftplanning