2018 annual report - v foundation · 2018 annual report $ $25 millionin 2018 we awarded more than...

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2018 ANNUAL REPORT

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Page 1: 2018 ANNUAL REPORT - V Foundation · 2018 ANNUAL REPORT $ $25 MILLIONIN 2018 WE AWARDED MORE THAN ... Eli Lilly and Company Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael

2018 ANNUAL REPORT

Page 2: 2018 ANNUAL REPORT - V Foundation · 2018 ANNUAL REPORT $ $25 MILLIONIN 2018 WE AWARDED MORE THAN ... Eli Lilly and Company Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael

$

IN 2018 WE AWARDED MORE THAN

$25 MILLIONIN CUTTING-EDGE CANCER RESEARCH

MISS

ION S

TATE

MENT The V Foundation for Cancer Research is a charitable organization dedicated to

saving lives by helping to find a cure for cancer. The Foundation seeks to make a

difference by generating broad-based support for cancer research and by creating

an urgent awareness among all Americans of the importance of the war against

cancer. The Foundation performs these dual roles through advocacy, education,

fundraising and philanthropy.

Page 3: 2018 ANNUAL REPORT - V Foundation · 2018 ANNUAL REPORT $ $25 MILLIONIN 2018 WE AWARDED MORE THAN ... Eli Lilly and Company Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael

Julie AllegroGeneral PartnerFyrfly Venture Partners

Robert C. Bast, Jr., M.D.Vice President for Translational ResearchThe University of Texas MD Anderson Cancer Center

George BodenheimerRetired Executive ChairmanESPN, Inc.Board Secretary the V Foundation for Cancer Research

Steven M. BornsteinFormer President and CEONFL NetworkBoard Chairthe V Foundation for Cancer Research

Julie ChasePresident and CEOChase PR, LLC

Nancy E. Davidson, M.D.Senior Vice President & DirectorClinical Research Division, Fred Hutchinson Cancer Research Center

George W. Dennis IIIRetired Senior PartnerTeague Campbell Dennis & Gorham, LLP

Evan GoldbergFounder, Chief Technology Officer, Chairman of the BoardNetSuite, Inc.

Mark KingFormer Presidentadidas Group North America

Michael W. KrzyzewskiHead Coach, Men's BasketballDuke University

Carl C. Liebert IIIChief Operating OfficerUSAA

F.J. “Joe” LoughreyRetired President & Vice ChairmanCummins Inc.

Michael C. MacDonaldRetired Chief Executive OfficerMedifast, Inc.

Geoffrey S. MasonCEO/Executive ProducerMainstay Communications, Inc.

Joseph O. Moore, M.D.Medical DirectorDuke Raleigh Cancer HospitalProfessor, Hematology & OncologyDuke Cancer Institute

Robert C. NakasoneRetired Chief Executive OfficerToys "R" Us

William G. Nelson, M.D. Ph.D.Director and Marion I. Knott Professor and Director of OncologySidney Kimmel Comprehensive Cancer Center, Johns Hopkins University School of Medicine

Donna OrenderChief Executive OfficerOrender Unlimited LLC

Kevin PlankChief Executive OfficerUnder Armour, Inc.

Lawrence F. Probst IIIChairman of the BoardElectronic Arts

Harry E. Rhoads, Jr.FounderWashington Speakers Bureau

Robin RobertsCo-AnchorABC’s “Good Morning America”

David RobinsonCo-FounderAdmiral Capital GroupNBA Hall of Fame

Constance E. SkidmoreRetired Managing Partner & Board MemberPwC, LLPBoard Treasurerthe V Foundation for Cancer Research

Pamela Valvano StrasserChairwomanthe V Foundation for Cancer Research

Stuart A. Taylor IIChief Executive OfficerThe Taylor Group

John ThielRetired Vice President of Global Wealth ManagementBank of America Merrill Lynch

Nicholas P. ValvanoPresident Emeritusthe V Foundation for Cancer Research

Robert ValvanoESPN College Basketball AnalystHost of “The V Show”ESPN, Inc.

Lesley VisserSports CommentatorCBS and HBO Sports

Dick VitaleSports CommentatorESPN, Inc. and ABC Sports

Dereck WhittenburgAssociate Director Community Relations and Student SupportNC State University

David W. WilliamsRetired Senior Vice PresidentWhirlpool Corporation

Norby WilliamsonExecutive Vice President, Production, Program Scheduling & DevelopmentESPN, Inc.

Larry WoodardPresident and Chief Executive OfficerGraham Stanley Advertising

BOAR

D OF D

IRECT

ORS

Our vision is to fundEXTRAORDINARY CANCER RESEARCHTO SAVE MORE LIVES EVERY DAY

Page 4: 2018 ANNUAL REPORT - V Foundation · 2018 ANNUAL REPORT $ $25 MILLIONIN 2018 WE AWARDED MORE THAN ... Eli Lilly and Company Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael

Robert C. Bast, Jr., M.D. The University of Texas MD Anderson Cancer Center

Lisa M. Coussens, Ph.D. Knight Cancer Institute of Oregon Health and Science University

Nancy E. Davidson, M.D. Fred Hutchinson Cancer Research Center

H. Shelton (Shelley) Earp, M.D. UNC Lineberger Comprehensive Cancer Center

Olivera J. Finn, Ph.D. University of Pittsburgh School of Medicine

Richard I. Fisher, M.D. Fox Chase Cancer Center

James M. Ford, M.D. Stanford University School of Medicine

Levi A. Garraway, M.D., Ph.D. Eli Lilly and Company

Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine

Michael B. Kastan, M.D., Ph.D. Duke Cancer Institute

Theodore S. Lawrence, M.D., Ph.D. University of Michigan Comprehensive Cancer Center

John D. Minna, M.D. The University of Texas Southwestern Medical Canter

Joseph O. Moore, M.D. Duke Raleigh Cancer HospitalDuke Cancer Institute

William Nelson, M.D., Ph.D. Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins

Olufunmilayo Olopade, M.D., F.A.C.P. University of Chicago

Brian Patrick O’Neill, M.D. Mayo Clinic Cancer Center

Richard O’Reilly, M.D. Memorial Sloan Kettering Cancer Center

David Piwnica-Worms, M.D., Ph.D. The University of Texas MD Anderson Cancer Center

Helen Piwnica-Worms, Ph.D. The University of Texas MD Anderson Cancer Center

Jerome Ritz, M.D. Dana-Farber Cancer Institute

Jonathan W. Simons, M.D. Prostate Cancer Foundation

Margaret A. Tempero, M.D. UCSF Helen Diller Family Comprehensive Cancer Center

AL AZ CA CT FL GA IL IN LA MA MD ME MI MN MO NC NY OH PA TN TX VA WA and Toronto, Ontario

IN 2018 THE V FOUNDATION

23 STATES + CANADAAWARDED GRANTS IN

SCIEN

TIFIC

ADVIS

ORY C

OMMI

TTEE

Page 5: 2018 ANNUAL REPORT - V Foundation · 2018 ANNUAL REPORT $ $25 MILLIONIN 2018 WE AWARDED MORE THAN ... Eli Lilly and Company Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael

FINAN

CIALS 2018 Statement of Financial Position

Assets Cash Pledges, Grants & Other Receivables Investments Other Assets

Total Assets

Liabilities Grants Payable Other Liabilities

Total Liabilities

Net Assets Unrestricted Temporarily Restricted Permanently Restricted

Total Net Assets

Total Liabilities & Assets

2018 Statement of Activities

Revenues Rental Income License Income Investment Income Contributions & Gifts

Total Revenues

Expenses Uncollectible Pledges & Allowance Management & General Fundraising Other Program Expenses Grants

Total Expenses

$29,318,161$11,478,780

$31,536,257$1,970,934

$74,304,132

$34,704,838$470,394

$35,175,232

$14,349,608$12,640,971$12,138,321

$39,128,900

$74,304,132

$24,000$128,904

$3,042,583 $33,237,013

$36,432,500

$1,297,115 $1,130,119

$1,667,173$1,890,977

$26,136,354

$32,121,738

The V Foundation

REC

EIVE

D

EIGHTCONSECUTIVE 4-STAR RATINGS

AND IS IN THE TOP 3%OF ALL CHARITIES EVALUATED BY

CHARITY NAVIGATOR