Overview
What is The V Foundation?
The V Foundation is a nonprofit organization located in Cary, North Carolina, with the address 14600 Weston Parkway. They are dedicated to funding promising cancer research projects and researchers at leading institutions across 26 states and Canada. In fiscal year 2022, they awarded 62 scholar grants, 19 grants for translational clinical research, and 22 designated grants based on specific areas of scientific interest. Their mission is to put an end to cancer, and they accomplish this by funding game-changing research and all-star scientists to accelerate victories over cancer and save lives. They ensure donor investments are strategic and address critical knowledge gaps in science. The V Foundation's team consists of 60 employees.
Official website here: www.v.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The V Foundation has achieved a perfect score of 100% on Charity Navigator, earning a Four-Star out of Four Star rating, which reflects its strong performance in accountability and finance. The charity demonstrates robust governance, with a fully independent board of members and exceptional oversight on financial matters. Key metrics such as program expense ratio and fundraising efficiency highlight its commitment to channeling resources effectively towards cancer research and awareness.
User reviews from Great Nonprofits consistently praise the organization for its transparency and impact. Donors appreciate that 100% of contributions go directly to cancer-related causes, honoring the legacy of Jim Valvano. The positive feedback underlines the foundation's significance in the fight against cancer and its dedication to delivering on its mission.
While the organization enjoys high ratings and user satisfaction, it's important for potential supporters to consider that public perception can vary based on individual experiences. Nonetheless, the V Foundation stands out as a commendable choice for those looking to support cancer research initiatives.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The V Foundation legitimate?
The V Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The V Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $905,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,248,078
For more financial information, click here
Official website here: www.v.org
What is the mission statement of The V Foundation?
The V Foundation is dedicated to ending cancer by funding groundbreaking research and exceptional scientists. In the fiscal year 2022, they granted 62 scholarships to promising young researchers, 19 translational clinical research grants, and 22 designated grants based on specific areas of scientific interest. These grants, awarded to researchers at leading institutions across 26 states and Canada, ensure resources reach the most promising cancer research projects. The V Foundation's strategic approach to funding focuses on emerging opportunities and addressing critical knowledge gaps in science. With a sense of urgency, they recognize that for individuals at risk of cancer or undergoing treatment, time is of the essence.
Official website here: www.v.org
Who is the CEO of The V Foundation?
Devin Gilreath is the Vice-Chair of The V Foundation. The CEO's salary of The V Foundation is $421,965 and their total compensation is $451,171.
Official website here: www.v.org
What is the revenue of The V Foundation?
The V Foundation's revenue in 2022 was $38,304,202.
Official website here: www.v.org
Who are the executives of The V Foundation and what are their salaries?
The average compensation at The V Foundation during 2022 was $52,558. There are 60 employees and 60 volunteers at The V Foundation.
Here are 54 key members and their salaries (The V Foundation's CEO's salary is $421,965 and their total compensation is $451,171):
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- Compensation: $421,965
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- Other: $30,267
Official website here: www.v.org
Learn more at the official website: www.v.org
Mission Statement of The V Foundation
The V Foundation, a leading organization in the fight against cancer, is dedicated to funding game-changing research and exceptional scientists to expedite victory over this devastating disease and save lives. In fiscal year 2022, the foundation granted 62 V Scholarships to promising young investigators, furthering their careers in cancer research. Additionally, 19 translation clinical research grants and 22 designated grants inspired by specific scientific interests and geographic reaches were awarded to researchers at prestigious institutions across 26 states and Canada.
By taking a strategic approach to funding, The V Foundation ensures resources reach the most innovative and impactful cancer research projects and scientists. The organization focuses on emerging opportunities and bridges critical knowledge gaps in science, recognizing that time is of the essence for individuals at risk of cancer or undergoing treatment. With a mission to put an end to cancer, The V Foundation remains committed to making a sound investment in research that holds the potential to save lives.
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Impact
October, 2024
The V Foundation has made a significant impact in the fight against cancer through its strategic funding of groundbreaking research. In FY 2022, the Foundation awarded 62 V Scholar Grants aimed at fostering the careers of promising young investigators, alongside 19 grants dedicated to translational clinical research and 22 grants focused on specific scientific interests and geographic areas. These grants have been distributed to researchers at leading institutions across 26 states and Canada, ensuring that vital resources are channeled to the most promising cancer research projects.
By prioritizing high-impact opportunities and addressing critical gaps in cancer knowledge, The V Foundation enhances the potential for advancements in cancer treatment and prevention. With a keen understanding of the urgency faced by individuals at risk of or battling cancer, the Foundation accelerates efforts to transform research into tangible outcomes. This dedication not only supports researchers but ultimately aims to save lives, reinforcing the Foundation’s mission to put an end to cancer.
This information is meant to be a general summary of The V Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,319,271
- Gross Receipts: $86,455,522
Assets and Liabilities:
- Total Assets: $79,722,279
- Total Liabilities: $29,804,178
- Net Assets: $49,918,101
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Organization Details
Founding Year
1993
Phone
(919) 380-9505Principal Officer
Devin Gilreath
Main Address
14600 WESTON PARKWAY, CARY, NC, 27513
Website
www.v.orgNTEE Category
Code: H12 - Medical research
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