June 12, 2006

$25MKarmanos gift boosts campaign

A front-page story focuses on a $25 million gift from the Karmanos family to the Barbara Ann Karmanos Cancer Institute. The gift propels the institute past the halfway mark of a new $125 million fundraising campaign, which has just been announced publicly. The institute will use a portion of campaign gifts to fund construction of a $47 million surgical and imaging center addition to its existing facilities. The article mentions that the institute, which is operating on a $213 million budget this year, separated from The Detroit Medical Center in December to become Michigan 's only independent cancer research institute. It contracts surgical and imaging services from the DMC. The campaign also will fund $28 million in renovations at Karmanos Cancer Institute clinical sites. President and CEO John Ruckdeschel said the institute would like to be ranked among the top 10 cancer centers in the country by 2010.

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