THE V FOUNDATION

CARY, NC, 27513 (919) 380-9505 Est. 1993 EIN 13-3705951
H12 - Fund Raising & Fund Distribution 990 - Public charity return 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
339
Total Giving
$228.1M
Recipients
325
Years Active
2017 - 2024
Avg grant: $665,283 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
201938$12.5M $329K2216
201745$25.7M $572K450

Sectors Funded

Education
123
Health Care
76
Medical Research
25
Diseases & Disorders
7
Science & Technology
4
Recreation & Sports
4
Youth Development
1
Philanthropy & Grantmaking
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

Page 1 of 3
IL - 5 grants
$7.0M
FL - 5 grants
$5.6M
NC - 4 grants
$4.3M
$3.7M

Grants Awarded · 279 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 990 - Public charity return
Oct 1, 2024 to Sep 30, 2025
$61,639,637 ↓$70,594,561$60,306,162
2023 990 - Public charity return
Oct 1, 2023 to Sep 30, 2024
$62,401,014 ↑$51,901,965$65,571,945
2022 990 - Public charity return
Oct 1, 2022 to Sep 30, 2023
$47,813,363 ↑$50,407,793$50,923,762
2021 990 - Public charity return
Oct 1, 2021 to Sep 30, 2022
$38,304,202 ↑$33,070,010$49,918,101
2020 990 - Public charity return
Oct 1, 2020 to Sep 30, 2021
$32,236,754 ↑$26,594,551$50,905,583
2019 990 - Public charity return
Oct 1, 2019 to Sep 30, 2020
$19,512,235 ↓$18,863,499$41,775,670
2017 990 - Public charity return
Oct 1, 2017 to Sep 30, 2018
$40,085,199 $30,945,548$39,128,900

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