The V Foundation

Victory Over Cancer®

aka The V Foundation for Cancer Research | Cary, NC | https://www.v.org/

GuideStar Charity Check

The V Foundation

EIN: 13-3705951

Contributions tax deductible
as of July 2024

IRS BMF 509(a)(1)
as of July 09, 2024

View summary

Charity Check report

Mission

The V Foundation for Cancer Research was founded in 1993 by ESPN and the late Jim Valvano, legendary North Carolina State University basketball coach, and ESPN commentator. The V Foundation has funded over $310 million in game-changing cancer research grants nationwide through a competitive process strictly supervised by a world-class Scientific Advisory Committee. Because the V Foundation has an endowment to cover administrative expenses, 100% of direct donations are awarded to cancer research and programs. The V team is committed to accelerating Victory Over Cancer®. To learn more, visit v.org.

Ruling year info

1993

Chief Executive Officer

Shane Jacobson

Main address

14600 Weston Parkway

Cary, NC 27513 USA

Show more contact info

EIN

13-3705951

Subject area info

Health

Population served info

People with diseases and illnesses

NTEE code info

Cancer Research (H30)

Cancer (G30)

Fund Raising and/or Fund Distribution (H12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Affiliations

See related organizations info

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

The V Foundation is working to achieve Victory Over Cancer® by funding game-changing research and all-star scientists.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Cancer Research

The V Foundation for Cancer Research currently awards five types of grants.

V Scholar Grant: Three-year grant of $200,000 per year. It supports young tenure-track faculty by funding projects that are either laboratory-based fundamental research or translational research.

Translational Grant: Four-year grant of $200,000 per year. These grants support “bench to bedside” research, whose endpoint is often planning or initiation of a clinical trial.

All-Star Grant: Re-investment in previous V Scholar or Translational grant recipients who are invited to apply for a $1,000,000 grant payable over 5 years. Any type of cancer research is permitted.

Designated Grant: Supports basic or translational research at research institutions and may support outstanding research outside our standing list of NCI-Designated cancer centers. To trigger a new stand-alone grant opportunity, $3,000,000 must be raised.

Mission Grant: Supports educational projects (ex: increase clinical trial enrollment).

Population(s) Served

People with diseases and illnesses

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of grants awarded

Totals By Year

Population(s) Served

Related Program

Cancer Research

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Total dollar amount of grants awarded

Totals By Year

Population(s) Served

Related Program

Cancer Research

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

The V Foundation is working to achieve Victory Over Cancer® by funding game-changing research and all-star scientists.

What are the organization's key strategies for making this happen?

The V Foundation is well-positioned to fund game-changing research and all-star scientists to accelerate Victory Over Cancer® due to the following key elements of who we are:

• 100% of direct donations go to all types of cancer research and programs. An endowment covers
administrative expenses. 

• Donations go to the best and brightest scientists, from all backgrounds who are researching all
types of cancer. How do we find the best and brightest? Through our world-renowned Scientific Advisory
Committee (comprised of the nation's top doctors and scientists) that reviews and recommends the best
proposals for funding submitted from the 72 National Cancer Institute designated cancer centers and
other exceptional institutions across North America.

• Not only do we fund the best – we are the best stewards of your dollars. The V Foundation has received
11 consecutive 4-star ratings (out of 4) from Charity Navigator, a leading charity evaluator, placing us
among the top 2% of charities evaluated. 

• These three facts work to support our mission - We fund game-changing research and all-star scientists to
accelerate Victory Over Cancer® and save lives. 

• Our vision: Victory Over Cancer®

What are the organization's capabilities for doing this?

Leadership – The V Foundation's board of directors is comprised of prominent business leaders, award-winning athletes and coaches, distinguished physicians and outstanding journalists and entertainers. Board members serve on a volunteer basis and provide their expertise for the strategic leadership and governance of the Foundation.

Scientific Advisory Committee – The service of the V Foundation's preeminent and dedicated Scientific Advisory Committee ensures that the Foundation is strategic in its grant-making and only funds the best of the best research proposals. The Scientific Advisory Committee has worked with staff to construct a comprehensive grant evaluation program to measure the impact of past grants on scientific progress.

Corporate Partnerships – The V Foundation works with several corporate partners, including our founding partner ESPN, who use their substantial resources to spread the word of the Foundation's mission and to expose it to potential new donors.

Staff – As the V Foundation has grown in stature and significance in recent years, the staff has likewise grown to support its increased operations. Staff and other administrative costs are covered by the Foundation's endowment.

What have they accomplished so far and what's next?

The V Foundation, since its founding, has awarded more than $310 million in grants to support cancer research. Even more impressive is that these investments has directly leveraged an additional $1 billion+ in funding for cancer research.

These grants, however, are not only about quantity, but also quality. Because of the exclusivity and flexibility of the V Foundation's funding mechanisms, the Foundation has been able to fund the most promising and most needed cancer research projects. Further, the V Foundation has remained true to its support of collaborative efforts and has emphasized shared knowledge and partnerships whenever possible.

By funding the best and brigtest scientists, the V Foundation is accelerating the pace of progress. The cancer death rate has fallen by 33% since 1991, but there is more work to do. With its continued focus on research outcomes and responsible stewardship, the V Foundation has remained committed to its goal of providing hope and saving more lives through cancer research

Financials

The V Foundation

Fiscal year: Oct 01 - Sep 30

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023

SOURCE: IRS Form 990

1.89

Average of 1.89 over 10 years

Months of cash in 2023

SOURCE: IRS Form 990

7.3

Average of 10.2 over 10 years

Fringe rate in 2023

SOURCE: IRS Form 990

24%

Average of 26% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

The V Foundation

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$10,114,129
Government Grants	$0
Program Services	$0
Investments	($612,619)
Special Events	$2,043,272
Sales	$0
Other	$0
Total Revenue	$11,544,782

Expenses
Program Services	$12,519,830
Administration	$348,463
Fundraising	$461,601
Total Expenses	$13,329,894
Net Gain/Loss	($1,785,112)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$10,176,526
Government Grants	$0
Program Services	$0
Investments	$1,253,794
Special Events	$623,309
Sales	$0
Other	$0
Total Revenue	$12,053,629

Expenses
Program Services	$12,414,329
Administration	$376,633
Fundraising	$445,497
Total Expenses	$13,236,459
Net Gain/Loss	($1,182,830)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$13,004,392
Government Grants	$0
Program Services	$0
Investments	$1,537,356
Special Events	$744,673
Sales	$0
Other	($220,000)
Total Revenue	$15,066,421

Expenses
Program Services	$12,969,096
Administration	$640,931
Fundraising	$805,156
Total Expenses	$14,415,183
Net Gain/Loss	$651,238

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$39,908
Information Technology Expenses	$48,675
Insurance Expenses	$11,063
Interest Expenses	$0
Investment Management Fees	$184,611
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$16,211,260
Government Grants	$0
Program Services	$0
Investments	$860,995
Special Events	$373,917
Sales	$0
Other	($230,000)
Total Revenue	$17,216,172

Expenses
Program Services	$15,537,637
Administration	$724,917
Fundraising	$769,753
Total Expenses	$17,032,307
Net Gain/Loss	$183,865

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$63,423
Information Technology Expenses	$105,311
Insurance Expenses	$11,806
Interest Expenses	$0
Investment Management Fees	$177,838
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$17,431,963
Government Grants	$0
Program Services	$0
Investments	$829,610
Special Events	($470,049)
Sales	$0
Other	$3,332
Total Revenue	$17,794,856

Expenses
Program Services	$15,138,098
Administration	$719,490
Fundraising	$1,071,164
Total Expenses	$16,928,752
Net Gain/Loss	$866,104

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$91,703
Information Technology Expenses	$100,010
Insurance Expenses	$13,100
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$18,458
Professional Fundraising Expenses	$0

Revenue
Contributions	$30,207,886
Government Grants	$0
Program Services	$0
Investments	$1,366,890
Special Events	($485,925)
Sales	$0
Other	$4,191
Total Revenue	$31,093,042

Expenses
Program Services	$16,714,322
Administration	$801,513
Fundraising	$1,304,498
Total Expenses	$18,820,333
Net Gain/Loss	$12,272,709

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$80,947
Information Technology Expenses	$126,053
Insurance Expenses	$21,150
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$18,688
Professional Fundraising Expenses	$0

Revenue
Contributions	$27,563,143
Government Grants	$0
Program Services	$0
Investments	$1,424,951
Special Events	($523,393)
Sales	$0
Other	$5,952
Total Revenue	$28,470,653

Expenses
Program Services	$22,205,721
Administration	$1,261,597
Fundraising	$1,733,837
Total Expenses	$25,201,155
Net Gain/Loss	$3,269,498

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$118,105
Information Technology Expenses	$146,529
Insurance Expenses	$17,945
Interest Expenses	$0
Investment Management Fees	$190,356
Legal Fees	$0
Pension Plan Contributions	$28,184
Professional Fundraising Expenses	$0

Revenue
Contributions	$23,308,349
Government Grants	$0
Program Services	$0
Investments	$1,368,544
Special Events	$50,000
Sales	$0
Other	$17,730
Total Revenue	$24,744,623

Expenses
Program Services	$22,415,462
Administration	$1,402,434
Fundraising	$1,648,025
Total Expenses	$25,465,921
Net Gain/Loss	($721,298)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$130,603
Information Technology Expenses	$256,373
Insurance Expenses	$20,612
Interest Expenses	$0
Investment Management Fees	$174,807
Legal Fees	$0
Pension Plan Contributions	$31,719
Professional Fundraising Expenses	$0

Revenue
Contributions	$27,621,511
Government Grants	$0
Program Services	$0
Investments	$1,502,661
Special Events	$27,922
Sales	$0
Other	$120,968
Total Revenue	$29,273,062

Expenses
Program Services	$24,940,972
Administration	$1,317,239
Fundraising	$1,434,909
Total Expenses	$27,693,120
Net Gain/Loss	$1,579,942

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$82,616
Information Technology Expenses	$194,135
Insurance Expenses	$19,853
Interest Expenses	$0
Investment Management Fees	$168,167
Legal Fees	$0
Pension Plan Contributions	$34,408
Professional Fundraising Expenses	$0

Revenue
Contributions	$33,214,545
Government Grants	$0
Program Services	$0
Investments	$6,741,750
Special Events	$0
Sales	$0
Other	$128,904
Total Revenue	$40,085,199

Expenses
Program Services	$28,019,043
Administration	$1,267,889
Fundraising	$1,658,616
Total Expenses	$30,945,548
Net Gain/Loss	$9,139,651

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$132,636
Information Technology Expenses	$176,735
Insurance Expenses	$19,122
Interest Expenses	$0
Investment Management Fees	$143,393
Legal Fees	$0
Pension Plan Contributions	$92,692
Professional Fundraising Expenses	$0

Revenue
Contributions	$31,821,130
Government Grants	$0
Program Services	$0
Investments	$1,558,128
Special Events	$0
Sales	$0
Other	$143,247
Total Revenue	$33,522,505

Expenses
Program Services	$28,596,881
Administration	$2,379,890
Fundraising	$2,152,853
Total Expenses	$33,129,624
Net Gain/Loss	$392,881

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$138,814
Information Technology Expenses	$201,009
Insurance Expenses	$17,558
Interest Expenses	$0
Investment Management Fees	$203,859
Legal Fees	$0
Pension Plan Contributions	$62,122
Professional Fundraising Expenses	$0

Revenue
Contributions	$17,695,208
Government Grants	$0
Program Services	$0
Investments	$1,534,237
Special Events	$0
Sales	$0
Other	$282,790
Total Revenue	$19,512,235

Expenses
Program Services	$13,922,628
Administration	$2,329,669
Fundraising	$2,611,202
Total Expenses	$18,863,499
Net Gain/Loss	$648,736

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$105,140
Information Technology Expenses	$237,470
Insurance Expenses	$30,149
Interest Expenses	$0
Investment Management Fees	$159,249
Legal Fees	$0
Pension Plan Contributions	$33,151
Professional Fundraising Expenses	$0

Revenue
Contributions	$29,112,571
Government Grants	$0
Program Services	$0
Investments	$2,923,186
Special Events	$0
Sales	$0
Other	$200,997
Total Revenue	$32,236,754

Expenses
Program Services	$22,091,243
Administration	$2,396,042
Fundraising	$2,107,266
Total Expenses	$26,594,551
Net Gain/Loss	$5,642,203

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$142,403
Information Technology Expenses	$256,867
Insurance Expenses	$23,463
Interest Expenses	$0
Investment Management Fees	$172,855
Legal Fees	$0
Pension Plan Contributions	$57,578
Professional Fundraising Expenses	$0

Revenue
Contributions	$36,624,612
Government Grants	$0
Program Services	$0
Investments	$1,411,918
Special Events	$0
Sales	$0
Other	$267,672
Total Revenue	$38,304,202

Expenses
Program Services	$27,189,436
Administration	$2,939,802
Fundraising	$2,940,772
Total Expenses	$33,070,010
Net Gain/Loss	$5,234,192

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$404,689
Information Technology Expenses	$360,100
Insurance Expenses	$50,284
Interest Expenses	$0
Investment Management Fees	$215,748
Legal Fees	$0
Pension Plan Contributions	$75,697
Professional Fundraising Expenses	$0

Revenue
Contributions	$45,232,411
Government Grants	$0
Program Services	$0
Investments	$2,445,467
Special Events	$0
Sales	$0
Other	$135,485
Total Revenue	$47,813,363

Expenses
Program Services	$42,938,821
Administration	$3,672,848
Fundraising	$3,796,124
Total Expenses	$50,407,793
Net Gain/Loss	($2,594,430)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$1,039,733
Information Technology Expenses	$418,155
Insurance Expenses	$50,999
Interest Expenses	$0
Investment Management Fees	$290,743
Legal Fees	$0
Pension Plan Contributions	$81,764
Professional Fundraising Expenses	$0

The V Foundation

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Oct 01, 2008	Sep 30, 2009	Change
Contributions	$10,114,129
Cash & Equivalents	$12,262,839	$13,638,575	$1,375,736
Accounts Receivable	$58,000	$596,250	$538,250
Pledges & Grants Receivable	$1,904,841	$2,214,078	$309,237
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$607	$823	$216
Investment, Securities	$15,253,205	$16,857,023	$1,603,818
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$17,779	$10,607	($7,172)
Other	$3,363,473	$3,010,597	($352,876)
Total Assets	$32,860,744	$36,327,953	$3,467,209

Liabilities	Oct 01, 2008	Sep 30, 2009	Change
Accounts Payable	$42,340	$13,014	($29,326)
Grants Payable	$16,159,303	$19,540,119	$3,380,816
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$16,201,643	$19,553,133	$3,351,490

Fund balance	Oct 01, 2008	Sep 30, 2009	Change
Temporarily Restricted Net Assets	$1,250,429	$1,765,883	$515,454
Permanently Restricted Net Assets	$16,585,351	$17,574,814	$989,463
Total Restricted Net Assets	$17,835,780	$19,340,697	$1,504,917
Unrestricted Net Assets	($1,176,679)	($2,565,877)	($1,389,198)
Net Assets	$16,659,101	$16,774,820	$115,719

Assets	Oct 01, 2009	Sep 30, 2010	Change
Contributions	$10,176,526
Cash & Equivalents	$13,638,575	$13,020,673	($617,902)
Accounts Receivable	$596,250	$63,000	($533,250)
Pledges & Grants Receivable	$2,214,078	$1,430,492	($783,586)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$823	$823	$0
Investment, Securities	$16,857,023	$18,742,971	$1,885,948
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$10,607	$10,743	$136
Other	$3,010,597	$1,972,116	($1,038,481)
Total Assets	$36,327,953	$35,240,818	($1,087,135)

Liabilities	Oct 01, 2009	Sep 30, 2010	Change
Accounts Payable	$13,014	$60,860	$47,846
Grants Payable	$19,540,119	$19,127,375	($412,744)
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$19,553,133	$19,188,235	($364,898)

The V Foundation

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of The V Foundation’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Oct 01 - Sep 30 View full report Download data

Business model indicators

Profitability	2019	2020	2021	2022	2023
Unrestricted surplus (deficit) before depreciation	-$7,668,028	$13,303,437	$11,687,553	-$6,564,145	$5,935,255
As % of expenses	-23.2%	70.9%	44.1%	-19.9%	11.8%
Unrestricted surplus (deficit) after depreciation	-$7,754,898	$13,213,436	$11,587,143	-$6,673,923	$5,828,742
As % of expenses	-23.4%	70.0%	43.6%	-20.2%	11.6%

Revenue composition
Total revenue (unrestricted & restricted)	$33,522,505	$19,512,235	$32,236,754	$38,304,202	$47,813,363
Total revenue, % change over prior year	-16.4%	-41.8%	65.2%	18.8%	24.8%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	5.4%	5.4%	3.1%	3.9%	4.9%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	94.9%	90.7%	90.3%	95.6%	94.6%
Other revenue	-0.4%	3.9%	6.6%	0.5%	0.5%

Expense composition
Total expenses before depreciation	$33,042,754	$18,773,498	$26,494,141	$32,960,232	$50,301,280
Total expenses, % change over prior year	7.1%	-43.2%	41.1%	24.4%	52.6%
Personnel	9.3%	19.0%	12.3%	11.8%	9.2%
Professional fees	1.3%	2.3%	1.5%	2.2%	1.9%
Occupancy	0.3%	0.7%	0.6%	0.3%	0.3%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	84.0%	70.6%	81.2%	79.9%	82.9%
All other expenses	5.1%	7.4%	4.4%	5.8%	5.7%

Full cost components (estimated)	2019	2020	2021	2022	2023
Total expenses (after depreciation)	$33,129,624	$18,863,499	$26,594,551	$33,070,010	$50,407,793
One month of savings	$2,753,563	$1,564,458	$2,207,845	$2,746,686	$4,191,773
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$35,883,187	$20,427,957	$28,802,396	$35,816,696	$54,599,566

Capital structure indicators

Liquidity	2019	2020	2021	2022	2023
Months of cash	8.3	12.9	12.0	5.3	7.3
Months of cash and investments	21.1	37.0	31.3	25.6	21.8
Months of estimated liquid unrestricted net assets	1.7	11.5	13.5	8.4	6.9

Balance sheet composition	2019	2020	2021	2022	2023
Cash	$22,960,219	$20,216,462	$26,450,890	$14,626,496	$30,710,288
Investments	$35,014,646	$37,604,040	$42,647,621	$55,776,973	$60,499,329
Receivables	$16,343,005	$5,962,058	$6,674,241	$7,340,786	$6,264,235
Gross land, buildings, equipment (LBE)	$2,173,967	$2,217,433	$2,222,670	$2,320,416	$2,392,981
Accumulated depreciation (as a % of LBE)	16.5%	20.3%	24.3%	28.1%	31.7%
Liabilities (as a % of assets)	47.9%	36.8%	34.6%	37.4%	48.9%
Unrestricted net assets	$6,594,710	$19,808,146	$31,395,289	$24,721,366	$30,550,108
Temporarily restricted net assets	$21,070,870	N/A	N/A	N/A	N/A
Permanently restricted net assets	$12,138,934	N/A	N/A	N/A	N/A
Total restricted net assets	$33,209,804	$21,967,524	$19,510,294	$25,196,735	$20,373,654
Total net assets	$39,804,514	$41,775,670	$50,905,583	$49,918,101	$50,923,762

Key data checks

Key data checks	2019	2020	2021	2022	2023
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Chief Executive Officer

Shane Jacobson

LinkedIn profile

Shane Jacobson is the Chief Executive Officer of the V Foundation. He is an accomplished foundation executive with experience leading record-setting campaigns that align philanthropic partnerships with ambitious goals. At the V Foundation, Jacobson and the staff have a laser-sharp focus on funding game-changing research and all-star scientists to accelerate victory over cancer and save lives. Prior to joining the organization, Jacobson served as the President & CEO of the University of Vermont Foundation. His team set an all-time high in fundraising through a highly successful $581 million campaign. Included in this total is nearly $300 million in support of academic medicine and patient care, as well as $43 million for athletics. They also generated substantial investments in research and scientific discovery by more than doubling the number of endowed faculty professorships and chairs, with more than 125 positions now at the University.

Number of employees

Source: IRS Form 990

The V Foundation

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

The V Foundation

Highest paid employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of highest paid employee data for this organization

The V Foundation

Board of directors
as of 07/27/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Mr. Evan Goldberg

Jim Allegro

ESPN, Inc.

Robert C Bast, Jr., M.D.

M.D. Anderson Cancer Center

George Bodenheimer

ESPN, Inc.

Steven M Bornstein

NFL Network

Julie Maples

Fyrfly Venture Partners

George W Dennis III

Teague Campbell Dennis & Gorham, LLP

Michael W Krzyzewski

Duke University

Carl Liebert III

Keller Williams

Michael C MacDonald

Medifast

Geoffrey S Mason

Mainstay Communications

Joseph O Moore, M.D.

Duke Raleigh Cancer Center, Duke Raleigh Hospital

Lawrence F Probst III

Electronic Arts

Harry E. Rhoads, Jr.

Washington Speakers Bureau - Chief Executive Officer

Pamela Valvano Strasser

The V Foundation for Cancer Research

Nicholas P Valvano

The V Foundation for Cancer Research

Robert Valvano

ESPN, Inc.

Dick Vitale

ESPN, Inc. and ABC Sports

R.C. "Bucky" Waters

Duke University Medical Center - Retired Vice Chancellor for Special Projects; ESPN, Inc. & Madison Square Garden - Sports Commentator

Dereck Whittenburg

NC State University

David W. Williams

Whirlpool Corporation

David Fay

U.S. Golf Association

F.J. "Joe" Loughrey

Cummins, Inc.

Robert C. Nakasone

Toys "R" Us

Donna Orender

Orender Unlimited LLC

Constance E. Skidmore

PwC, LLP

Norby Williamson

ESPN, Inc.

Larry Woodard

Graham Stanley Advertising

Kevin Plank

Under Armour

Evan Goldberg

Oracle NetSuite Global Business Unit

Stuart Taylor

The Taylor Group

Mark King

Taco Bell

Jeff Berry

CAA Sports

Jay Bilas

Moore & Van Allen

Julie Chase

ChasePR

Nancy Davidson

Fred Hutchinson Cancer Research Center

Rita Ferro

Disney, Media & Entertainment

Matt Hong

Turner Sports

Michael B. Kastan, M.D., Ph.D.

Duke Cancer Institute

Clark Kinlin

Corning Optical Communications

William Nelson, M.D., Ph.D.

The Sidney Kimmel Comprehensive Cancer Center

James Pitaro

ESPN

Kevin Plank

Under Armour, Inc.

Buster Posey

San Francisco Giants

David Robinson

Admiral Capital Group

Sage Steele

ESPN

John W. Thiel

Merrill Lynch

Ciara Wilson

Grammy Award-Winning Singer/Songwriter

Russell Wilson

Denver Broncos

Rosa M. Gatti

ESPN, Inc.

Bob Lloyd

The V Foundation for Cancer Research

Contractors

Fiscal year ending

There are no fundraisers recorded for this organization.

Related organizations & associated domestic grants

Show data for fiscal year

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	$0.00	$0.00
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	($171,122.00)	$0.00	N/A
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	($166,246.00)	$0.00	NOT APPLICABLE
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	$263,578.00	$0.00	NOT APPLICABLE
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	$265,780.00	$0.00	N/A
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	($41,383.00)	$0.00	N/A
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	($225,330.00)	$0.00	N/A
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 12A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance	Reason
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ON	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA				N	($72,524.00)	$0.00
DON'T EVER GIVE UP INC 14600 WESTON PKWY CARY, NC 27513 47-5304184	HOST EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)3	LINE 11A, I		N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ON	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA			N	($69,530.00)	$0.00
EWINGS RESEARCH FOUNDATION INC PO BOX 1355 CARMEL BY THE SEA, CA 93921 20-5843321	RAISE MONEY FOR EWING'S SARCOMA RESEARCH	501(C)(3)	LINE 11A, I	N	$0.00	$0.00
THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE SUITE 102 CARY, NC 27511 56-1875773	CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00
THE CRUSH FOUNDATION INC WINE CELEBRATION 1127 POPE STREET SUITE 203 SAINT HELENA, CA 94574 68-0450777	AUCTION, GALA, AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance
THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA			N	$22,162.00	$0.00
EWINGS RESEARCH FOUNDATION INC PO BOX 1355 CARMEL BY THE SEA, CA 93921 20-5843321	RAISE MONEY FOR EWING'S SARCOMA RESEARCH	501(C)(3)	LINE 11A, I	N	$0.00	$0.00
THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE SUITE 102 CARY, NC 27511 56-1875773	CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00
THE CRUSH FOUNDATION INC WINE CELEBRATION 1127 POPE STREET SUITE 203 SAINT HELENA, CA 94574 68-0450777	AUCTION, GALA, AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance
THE V FOUNDATION CANADALA FOUNDATION V CANADA 70 GLOUCESTER ST OTTAWA, ONTARIO	RAISE SUPPORT FOR CANCER RESEARCH IN CANADA			N	$0.00	$0.00
EWINGS RESEARCH FOUNDATION INC PO BOX 1355 CARMEL BY THE SEA, CA 93921 20-5843321	RAISE MONEY FOR EWING'S SARCOMA RESEARCH	501(C)(3)	LINE 11A, I	N	$0.00	$0.00
THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE SUITE 102 CARY, NC 27511 56-1875773	CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00
THE CRUSH FOUNDATION INC WINE CELEBRATION 1127 POPE STREET SUITE 203 SAINT HELENA, CA 94574 68-0450777	AUCTION, GALA, AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)(3)	LINE 11C, III-FI	N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	512(b)(13) controlled entity?	Cash grants paid	Non-cash assistance
EWING'S RESEARCH FOUNDATION, INC. P.O. BOX 1355 CARMEL BY THE SEA, CA 93921 20-5843321	RAISE MONEY FOR EWING'S SARCOMA RESEARCH	501(C) (3)	LINE 11A, I	N	$0.00	$0.00
THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE, SUITE 102 CARY, NC 27511 56-1875773	CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION	501(C) (3)	LINE 11C, III-FI	N	$0.00	$0.00
THE CRUSH FOUNDATION, INC. WINE CELEBRATION 1127 POPE STREET, SUITE 203 SAINT HELENA, CA 94574 68-0450777	AUCTION, GALA, AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C) (3)	LINE 11C, III-FI	N	$0.00	$0.00

Related organization	Primary activity	Subsection	PC status	Controlling entity?	Cash grants paid	Non-cash assistance
THE EWING'S RESEARCH FOUNDATION, INC. P.O. BOX 1355 CARMEL BY THE SEA, CA 93921 20-5843321	RAISE MONEY FOR RESEARCH INTO EWING'S SARCOMA	501(C)(3)	YES	INDEPENDENT BOARD OF DIRECTORS	$0.00	$0.00
THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE, SUITE 102 CARY, NC 27511 56-1875773	CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION	501(C)(3)	YES	INDEPENDENT BOARD OF DIRECTORS	$0.00	$0.00
THE CRUSH FOUNDATION, INC. WINE CELEBRATION 1127 POPE STREET, STE 203 SAINT HELENA, CA 94574 68-0450777	AUCTION GALA AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION	501(C)(3)	YES	INDEPENDENT BOARD OF DIRECTORS	$0.00	$0.00

The V Foundation

Victory Over Cancer®

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Cancer Research

Where we work

Our results

Evaluation documents

Total number of grants awarded

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Total dollar amount of grants awarded

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Our Sustainable Development Goals

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2023 info

1.89

Months of cash in 2023 info

7.3

Fringe rate in 2023 info

24%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

The V Foundation

The V Foundation

The V Foundation

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Chief Executive Officer

Shane Jacobson

Number of employees

The V Foundation

Compensation data

The V Foundation

Compensation data

The V Foundation

Board of directors data

Mr. Evan Goldberg

Contractors

Related organizations & associated domestic grants

Liquidity in 2023

Months of cash in 2023

Fringe rate in 2023

Funding sources

Assets & liabilities