2018 annual report - v foundation · 2018 annual report $ $25 millionin 2018 we awarded more than...
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2018 ANNUAL REPORT
$
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.
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
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
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
14600 Weston Parkway
Cary, NC 27513
919-380-9505
jimmyv.org
@theVFoundation