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Health : Diseases, Disorders, and Disciplines (Grantmaking)

The V Foundation

For Cancer Research

four stars

92.92

14600 Weston Parkway Cary, NC 27513
tel: (800) 454-6698   Web Site
EIN: 13-3705951

Board Leadership
Steven M. Bornstein
Board Chair

CEO
Susan Braun
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.92 four stars
  Financial 90.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The V Foundation for Cancer Research was founded by ESPN and Jim Valvano in 1993. Since then, The V Foundation has raised more than $150 million and awarded cancer research grants in 38 states and the District of Columbia. Researchers have developed their laboratories and taken their science from the labs to the clinics with the help of funds raised by The V Foundation. The V Foundation started with the dream of Jim Valvano, the passionate and committed former NC State basketball coach and award-winning broadcaster, as he battled cancer. The V Foundation has an excellent track record for finding and funding elite young scientists.

The V Foundation for Cancer Research was founded by ESPN and Jim Valvano in 1993. Since then, The V Foundation has raised more than $150 million and awarded cancer research grants in 38 states and the District of Columbia. Researchers have developed their laboratories and taken their science from the labs to the clinics with the help of funds raised by The V Foundation. The V Foundation started with the dream of Jim Valvano, the passionate and committed former NC State basketball coach and award-winning broadcaster, as he battled cancer. The V Foundation has an excellent track record for finding and funding elite young scientists.

Financial

four stars

90.00

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.2%
  Administrative Expenses 4.9%
  Fundraising Expenses 6.7%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 0.90
  Program Expenses Growth 14.0%
  Liabilities to Assets 50.5%
All data for Financial Performance Metrics calculations was provided by The V Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The V Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The V Foundation (NC) 92.92 four stars
National Ovarian Cancer Coalition (TX) 92.08 four stars
American Italian Cancer Foundation (NY) 92.37 four stars
Neuroendocrine Tumor Research Foundation (MA) 92.31 four stars
Leukemia Research Foundation (IL) 91.72 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,458,349
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $5,850,000
   Government Grants $0
Total Contributions $23,308,349
   Program Service Revenue $0
Total Primary Revenue $23,308,349
   Other Revenue $1,436,274
TOTAL REVENUE $24,744,623
   
EXPENSES  
   Program Expenses $22,415,462
   Administrative Expenses $1,402,434
   Fundraising Expenses $1,648,025
TOTAL FUNCTIONAL EXPENSES $25,465,921
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-721,298
   
Net Assets $33,094,042

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Cancer Research and Awareness $22,415,462 100.0%

Ratings History
The V Foundation has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-09 10/01/2017 92.92 four stars
2015-09 10/01/2016 96.46 four stars
2014-09 06/01/2016 96.46 four stars
 
CN 2.0
2014-09 11/01/2015 97.06 four stars
2013-09 11/01/2014 95.71 four stars
2012-09 08/01/2013 93.84 four stars
2011-09 07/01/2012 93.98 four stars
2010-09 09/20/2011 94.25 four stars
 
CN 1.0
2009-09 09/01/2010 89.39 three stars
2008-09 08/01/2009 99.30 four stars
2007-09 10/01/2008 99.43 four stars
2006-09 06/01/2007 99.27 four stars
2005-09 09/01/2006 94.80 four stars
2004-09 04/01/2005 90.46 four stars
2002-12 09/04/2003 93.47 four stars
2001-12 10/15/2002 95.57 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3705951
Name in IRS Master File THE V FOUNDATION
NTEE Code I20
NTEE Classification Crime Prevention N.E.C.
NTEE Type Crime, Legal-Related
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1993
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$311,951 1.22% Susan Braun Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
The V Foundation (NC) 92.92 four stars
Cancer Wellness Center (IL) 93.48 four stars
Horizons Community Solutions (GA) 90.79 four stars
American Italian Cancer Foundation (NY) 92.37 four stars
Us TOO International (IL) 91.90 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The V Foundation
14600 Weston Parkway
Cary, NC 27513
tel: (800) 454-6698
fax: (919) 380-0025
EIN: 13-3705951

Visit Web Site

Board Leadership

Steven M. Bornstein
Board Chair

CEO

Susan Braun
Chief Executive Officer

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