THE V FOUNDATION

CARY, NC, 27513 (919) 380-9505 Est. 1993 EIN 13-3705951
H12— Medical Research Form 990 501(c)(3)
V.ORG

Mission

WE FUND GAME-CHANGING RESEARCH AND ALL-STAR SCIENTISTS TO ACCELERATE VICTORY OVER CANCER AND SAVE LIVES.

Giving Portfolio

Total Grants
338
Total Giving
$227.8M
Recipients
324
Years Active
2017 - 2024
Avg grant: $665,537 Median: $400,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202453$56.7M $1.1M444
202345$42.6M $947K539
202250$42.2M $843K741
202159$26.5M $449K944
202049$21.9M $446K2326
201937$12.3M $331K2116
201745$25.7M $572K450

Sectors Funded

Education
123
Health Care
76
Medical Research
25
Diseases & Disorders
7
Recreation & Sports
4
Science & Technology
4
Animal-Related
1
Youth Development
1
and 1 more sectors

Top States

California
43
Massachusetts
34
Texas
29
Pennsylvania
28
New York
26
North Carolina
22
Florida
18
Ohio
12
and 28 more states

Grantee Size Profile

Over $50M
197
$10M - $50M
5

Top Grantees

$8.2M
IL - 5 grants
$7.0M
FL - 5 grants
$5.6M
NC - 4 grants
$4.3M
$3.7M
and 15 more grantees

Grants Awarded · 271 grants

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Financials

Total Revenue
$61,639,637
Total Expenses
$70,594,561
Net Assets
$60,306,162
91 employees 60 volunteers
From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve
10.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 1.2%
Expenses ↑ 36.0%
Revenue Sources
Contributions 92.6% Investment 7.0%
Expense Breakdown
Program 86.0% Management 7.0% Fundraising 7.0%

Officers & Trustees (59)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990$61,639,637 $70,594,561$60,306,162
2023 Form 990$62,401,014 $51,901,965$65,571,945
2022 Form 990$47,813,363 $50,407,793$50,923,762
2021 Form 990$38,304,202 $33,070,010$49,918,101
2020 Form 990$32,236,754 $26,594,551$50,905,583
2019 Form 990$19,512,235 $18,863,499$41,775,670
2017 Form 990$40,085,199 $30,945,548$39,128,900

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EIN: 13-3705951 · Source: IRS Form 990 e-file data