2019 ANNUAL REPORT - v.org€¦ · Brand Chief Under Armour, Inc. Lawrence F. Probst III Chairman...

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2019 ANNUAL REPORT

Transcript of 2019 ANNUAL REPORT - v.org€¦ · Brand Chief Under Armour, Inc. Lawrence F. Probst III Chairman...

Page 1: 2019 ANNUAL REPORT - v.org€¦ · Brand Chief Under Armour, Inc. Lawrence F. Probst III Chairman of the Board Electronic Arts Harry E. Rhoads, Jr. Co-Founder Washington Speakers

2019 ANNUAL REPORT

Page 2: 2019 ANNUAL REPORT - v.org€¦ · Brand Chief Under Armour, Inc. Lawrence F. Probst III Chairman of the Board Electronic Arts Harry E. Rhoads, Jr. Co-Founder Washington Speakers

$

IN 2019, WE AWARDED MORE THAN

$29 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.

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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 Chief Executive OfficerNFL NetworkBoard Chairthe V Foundation for Cancer Research

Julie ChasePresident and Chief Executive Officer Chase 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 KingChief Executive OfficerTaco Bell

Michael W. KrzyzewskiHead Coach, Men's BasketballDuke University

Carl C. Liebert IIIFormer Chief Executive Officer and PresidentAutoNation

F.J. “Joe” LoughreyRetired President & Vice ChairmanCummins Inc.

Michael C. MacDonaldRetired Chief Executive OfficerMedifast, Inc.

Julie MaplesGeneral PartnerFyrfly Venture Partners

Geoffrey S. MasonChief Executive Officer andExecutive ProducerMainstay Communications, Inc.

Joseph O. Moore, M.D.Retired Medical DirectorDuke Raleigh HospitalProfessor of MedicineDuke 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 PlankFounder, Executive Chairman, Brand ChiefUnder Armour, Inc.

Lawrence F. Probst IIIChairman of the BoardElectronic Arts

Harry E. Rhoads, Jr.Co-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.

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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. Genentech

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. Retired, Duke Raleigh 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

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

Jonathan W. Simons, M.D. Prostate Cancer Foundation

Margaret A. Tempero, M.D. UCSF Helen Diller Family Comprehensive Cancer Center

AL AZ CA CO FL GA IA IL IN KS LA MA MI MO NC NJ NY OH OR PA TN TX VA WA and Toronto, Ontario

IN 2019, THE V FOUNDATION

24 STATES + CANADA.AWARDED GRANTS IN

SCIEN

TIFIC

ADVIS

ORY C

OMMI

TTEE

Page 5: 2019 ANNUAL REPORT - v.org€¦ · Brand Chief Under Armour, Inc. Lawrence F. Probst III Chairman of the Board Electronic Arts Harry E. Rhoads, Jr. Co-Founder Washington Speakers

FINAN

CIALS 2019 Statement of Financial Position

Assets Cash Pledges, Grants & Other Receivables Investments Other Assets

Total Assets

Liabilities Grants Payable Other Liabilities

Total Liabilities

Net Assets Without Donor Restriction With Donor Restriction

Total Net Assets

Total Liabilities & Assets

$22,960,219 $16,343,005$35,014,646

$2,145,305

$76,463,175

$36,064,187$594,474

$36,658,661

$6,594,710$33,209,804

$39,804,514

$76,463,175

2019 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

$52,747 $143,247

$1,588,838 $31,821,130

$33,605,962

$4,583 $2,176,031

$2,152,853 $852,499

$27,744,382

$32,930,348

The V Foundation

RE

CE

IVE

D

NINECONSECUTIVE 4-STAR RATINGS AND IS IN THE TOP 3%OF ALL CHARITIES EVALUATED BY

CHARITY NAVIGATOR.