TATEMENT MISSION S $25 MILLION
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1 2017 ANNUAL REPORT
2 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 2017, WE AWARDED MORE THAN $25 MILLION IN CUTTING-EDGE CANCER RESEARCH
3 BOARD OF DIRECTORS Julie Allegro General Partner Fyrfly Venture Partners Robert C. Bast, Jr., M.D. Vice President for Translational Research George Bodenheimer Retired Executive Chairman Board Secretary Steven M. Bornstein Former President and CEO NFL Network Board Chair Nancy E. Davidson, M.D. Senior Vice President & Director Clinical Research Division, Fred Hutchinson Cancer Research Center George W. Dennis III Retired Senior Partner Teague Campbell Dennis & Gorham, LLP David Fay Retired Executive Director United States Golf Association 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 Chief Operating Officer USAA F.J. Joe Loughrey Retired President & Vice Chairman Cummins Inc. Michael C. MacDonald Retired Medifast, Inc. Geoffrey S. Mason CEO/Executive Producer Mainstay Communications, Inc. Joseph O. Moore, M.D. Medical Director Duke Raleigh Cancer Hospital Professor, Hematology & Oncology Duke Cancer Institute Robert C. Nakasone Retired Toys "R" Us William G. Nelson Director and Marion I. Knott Professor and Chairman of Oncology Sidney Kimmel Comprehensive Cancer Center, Johns Hopkins University School of Medicine Donna Orender Orender Unlimited LLC Kevin Plank Under Armour, Inc. Lawrence F. Probst III Chairman of the Board Electronic Arts Harry E. Rhoads, Jr. Washington Speakers Bureau Robin Roberts Co-Anchor ABC s Good Morning America Constance E. Skidmore Retired Managing Partner & Board Member PwC, LLP Board Treasurer John Skipper Former President Tony Smith Co Founder and Managing Director Leadership Research Institute Pamela Valvano Strasser Chairwoman Stuart A. Taylor II The Taylor Group John Thiel Retired Vice President of Global Wealth Management Bank of America Merrill Lynch Nicholas P. Valvano President Emeritus Robert Valvano ESPN College Basketball Analyst Host of The V Show Lesley Visser Sports Commentator CBS and HBO Sports Dick Vitale Sports Commentator and ABC Sports Dereck Whittenburg Associate Director Community Relations and 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 Graham Stanley Advertising
4 Robert C. Bast, Jr., M.D. Joseph O. Moore, M.D. Duke Raleigh Cancer Hospital Duke Cancer Institute IN 2017 THE V FOUNDATION AWARDED GRANTS IN 26 STATES + CANADA SCIENTIFIC ADVISORY COMMITTEE William T. Beck, Ph.D. University of Illinois at Chicago 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 Susan G. Hilsenbeck, Ph.D. Baylor College of Medicine Michael B. Kastan, M.D., Ph.D. Duke 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. 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 AZ CA CO CT FL GA IL IN KS KY LA ME MD MA MI MO NY NC OH OR PA TN TX UT VA WA and Toronto, Ontario 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. Southwestern Medical Canter
5 CHARITY NAVIGATOR HAS AWARDED SEVEN CONSECUTIVE 4-STAR RATINGS TO THE V FOUNDATION FINANCIALS 2017 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 & Net Assets $30,856,127 $8,663,821 $30,045,431 $ 1,983,905 $71,549,284 $34,522,755 $2,208,391 $36,731,146 $6,787,706 $15,916,230 $12,114,202 $34,818,138 $71,549, Statement of Activities Revenues Rental Income License Income Investment Income Special Events Contributions & Gifts Total Revenues Expenses Uncollectible Pledges Management & General Fundraising Other Program Expenses Grants Total Expenses $24,000 $120,968 $2,644,611 $86,500 $27,563,511 $30,439,590 $151,077 $1,149,072 $1,435,487 $1,683,692 $23,257,280 $27,676,608
6 The Thomas E. Cabaniss Building Weston Parkway Cary, NC
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