No. There is no substitute for the life saving and life enhancing gifts of blood, marrow, organs and tissues. They are irreplaceable. But your financial contribution is another way you can show your support for our mission and move us closer to cures

Versiti and BloodCenter Research Foundation are both 501(c)(3) non-profit organizations. All gifts are tax deductible to the fullest extent allowed by law.

You can make an unrestricted gift to be used for the greatest need, or you can designate a specific area below:

• Promoting blood donation
• Sharing Life –– Registries for marrow, organ and tissue
• Donorship education
• Community outreach
• Any research area
   

Versiti has naming opportunities available for those who want to help us transform health care today and for future generations. These include, but are not limited to, endowed chairs, fellowships and funds. 

If you wish to support a program that is not listed here, or have questions about naming opportunities, please contact our Foundation Office at (414) 937-6799.

In addition to gifts of cash by check or credit card, we gratefully accept stocks and bonds, and bequests. We accept gifts-in-kind that can be used for our charitable purpose as well. Please contact the Foundation Office for information on gifts of stocks, bonds, bequests and gifts-in-kind.

A gift of any amount will make a difference and provide hope for those who are counting on us. We are very proud to be advancing patient care through our medical and scientific expertise, but there is much more to be done. Your gift can make it happen.

No, these are not eligible.

Yes. Every individual who is the owner of a traditional IRA can use the qualified charitable distribution for up to $100,000 each year.

Yes. Once you reach 72, you are required to take minimum distributions from your retirement plans each year, according to a federal formula. QCDs count toward your minimum required distribution for the year in which you make the gift.

Distributions must come from your IRAs directly to VBRIF. If you wish to help us with a gift from another retirement asset, such as a 401(k) or 403(b), you must first roll those funds into an IRA. Then you can direct the IRA administrator to distribute the funds from the IRA directly to VBRIF.

Share this information with your financial advisor.

Up to $100,000 per year. The distribution must be outright to charity.

We will give you full credit for the entire gift amount. You will also receive a letter, which states that the gift qualifies as a QCD to use for tax reporting purposes.

Federal: You do not recognize the distribution to VBRIF as income, provided it goes directly from the IRA administrator to us. Therefore, you are not entitled to an income tax charitable deduction for your gift.

State: Each state has different laws, so you will need to consult with your own advisors. Some states have a state income tax and will include this distribution as income. Within those states, some will allow for a state income tax charitable deduction and others will not. Other states base their income tax on the federal income or federal tax paid. Some states have no income tax at all.

The QCD allows individuals 70 ½ and older to make direct distributions up to $100,000 per year to 501(c)(3) charities without having to count the distributions as income for federal income tax purposes. No charitable deduction may be taken, but distributions will qualify for all or part of the IRA owner’s required minimum distributions.

Individuals 70 ½ and older at the time of the contribution (you have to wait until 6 months after your 70^th birthday to make the transfer).