2016 ANNUAL REPORT DON T GIVE UP... DON T EVER GIVE UP!
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1 2016 ANNUAL REPORT DON T GIVE UP... DON T EVER GIVE UP!
2 IN FISCAL YEAR 2016, WE FUNDED MORE THAN $20 MILLION IN CUTTING-EDGE CANCER RESEARCH MISSION STATEMENT: 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. IN CALENDAR YEAR 2016, WE FUNDED MORE THAN $23 MILLION IN CUTTING-EDGE CANCER RESEARCH
3 BOARD OF DIRECTORS: GRANTS 75AWARDED IN FISCAL YEAR 2016 Julie Allegro Founder & General Partner Fyrfly Venture Partners Robert C. Bast, Jr., M.D. Vice President for Translational Research George W. Bodenheimer BOARD SECRETARY Retired Executive Chairman Steven M. Bornstein BOARD CHAIR Former President and CEO NFL Network Nancy Davidson, M.D. Director University of Pittsburgh Cancer Institute George W. Dennis III Retired Senior Partner Teague Campbell Dennis & Gorham, LLP David Fay Retired Executive Director United States Golf Association Rosa M. Gatti Retired Senior Vice President, Communications Counsel & Corporate Outreach Evan Goldberg Founder, Chief Technology Officer & Chairman of the Board NetSuite, Inc. Mark King President adidas Group North America Michael W. Krzyzewski Head Coach, Men s Basketball Duke University Carl C. Liebert III Executive Vice President & Chief Operating Officer USAA F.J. Joe Loughrey Retired President & Vice Chairman Cummins Inc. Michael C. MacDonald Executive Chairman Medifast Geoffrey S. Mason Senior Production Specialist Joseph O. Moore, M.D. Medical Director Duke Raleigh Cancer Hospital Professor, Hematology & Oncology Duke Cancer Center Robert C. Nakasone Retired Toys R Us William Nelson, M.D., Ph.D. Director Sidney Kimmel Comprehensive Cancer Center Donna Orender Orender Unlimited, LLC Kevin Plank Under Armour, Inc Lawrence F. Probst III Chairman of the Board Electronic Arts Chairman United States Olympic Committee Harry E. Rhoads, Jr. Washington Speakers Bureau Robin Roberts Anchor ABC s Good Morning America Constance E. Skidmore BOARD TREASURER Retired Managing Partner & Board Member PwC, LLP John Skipper President Tony F. Smith, Ed.D. Co-Founder & Managing Director Leadership Research Institute Pamela Valvano Strasser CHAIRWOMAN the V Foundation for Cancer Research John Saunders (IN MEMORIAM) & ABC Sports Stuart A. Taylor II The Taylor Group Nicholas P. Valvano PRESIDENT EMERITUS the V Foundation for Cancer Research Robert Valvano ESPN College Basketball Analyst & Host of The V Show Lesley Visser CBS and HBO Sports Dick Vitale and ABC Sports R.C. Bucky Waters Retired Vice Chancellor of Development Duke University Medical Center ESPN & Madison Square Garden Robert Wayman Retired Chief Financial Officer & Executive Vice President Hewlett-Packard Company Dereck Whittenburg Associate Athletic Director for Community Relations & Student Support NC State University David W. Williams Retired Senior Vice President Whirlpool Corporation Norby Williamson Executive Vice President, Production, Program Scheduling & Development Larry Woodard President and Chief Executive Officer Graham Stanley Advertising Jim Allegro EMERITUS DIRECTOR Retired Executive Vice President Susan Braun - ex officio CHEIF EXECUTIVE OFFICER Robert E. Lloyd BOARD CHAIR EMERITUS
4 SCIENTIFIC ADVISORY COMMITTEE: IN FISCAL YEAR 2016, THE V FOUNDATION FOR CANCER RESEARCH AWARDED GRANTS IN 26 STATES AZ CA CO CT & CANADA FL GA IL IN MO NC NH NJ KY LA MA MD ME MI NY OR PA TX UT VA MN WI Quebec, Canada Robert C. Bast, Jr., M.D. William T. Beck, Ph.D. University of Illinois at Chicago Lisa M. Coussens, Ph.D. Oregon Health & Science University Nancy E. Davidson, M.D. Fred Hutchinson Cancer Research Center H. Shelton Earp III, M.D. UNC Cancer Care 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 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 A. Thomas Look, M.D. Dana-Farber Cancer Institute John D. Minna, M.D. The University of Texas Southwestern Medical Center Joseph O. Moore, M.D. Duke Cancer Center William Nelson, M.D., Ph.D. The Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins Olufunmilayo Funmi 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. Helen Piwnica-Worms, Ph.D. 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 Martin D. Abeloff, M.D. (IN MEMORIAM) The Sidney Kimmel Comprehensive Cancer Center at Johns Hopkins
5 FINANCIALS: SIX CONSECUTIVE CHARITY NAVIGATOR HAS AWARDED 4-STAR RATINGS TO THE V FOUNDATION STATEMENT OF FINANCIAL POSITION SEPTEMBER 30, 2016 Assets Cash $26,715,427 Pledges, Grants & Other Receivables $9,939,188 Investments $28,244,080 Other Assets $2,056,425 Total Assets $66,955,120 Liabilities Grants Payable $31,806,854 Other Liabilities $2,054,224 Total Liabilities $33,861,078 Net Assets Unrestricted $10,474,951 Temporarily Restricted $10,437,488 Permanently Restricted $12,181,603 Total Net Assets $33,094,042 Total Liabilities & Net Assets $66,955,120 STATEMENT OF ACTIVITIES OCTOBER 1, SEPTEMBER 30, 2016 Revenues License Income $17,730 Investment Income $2,239,635 Special Events $125,000 Contributions & Gifts $23,233,349 Total Revenues $25,615,714 Expenses Uncollectible Pledges $78,830 Management & General $1,227,627 Fundraising $1,648,025 Other Program Expenses $1,677,534 Grants $20,737,928 Total Expenses $25,369,944
6 14600 Weston Parkway Cary, NC jimmyv.org
TATEMENT MISSION S $25 MILLION
2017 ANNUAL REPORT MISSION STATEMENT 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
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