2 22012 Annual Report
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Our MissiOnThe V Foundation 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.
The V Foundation awards three types of grants. The V Scholar Grant provides funds directly to young scientists to establish their own independent laboratory. The Translational Grant facilitates the transition of projects from the laboratory to the clinic. The Designated Grant funds projects in communities or regions local to the fundraising area.
2012 grants awarded
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Unhee Lim, Ph.D.University of Hawaii Cancer CenterHonolulu, HIInvestigating global leukocyte DNA methylation for predicting colorectal cancer risk in a multiethnic population
Mohammad (Mo) Motamedi, Ph.D.Massachusetts General Hospital Cancer CenterCharlestown, MAThe role of sirtuins in epigenetics and genomic stability
Trudy G. Oliver, Ph.D.Huntsman Cancer Institute University of UtahSalt Lake City, UTFunded by the Thomas Carroll Family In memory of Christopher T. Carroll Understanding Myc’s role in small cell lung cancer
Asha Bhaskaran Pillai, M.D.St. Jude Children’s Research HospitalMemphis, TNAugmenting cytotoxicity of ex vivo expanded human iNKT cells for cancer immunotherapy
Jeffrey W. Tyner, Ph.D.Knight Cancer InstituteOregon Health and Science UniversityPortland, ORTranslation of novel mutations in CSF3R into validated therapeutic modalities
Christopher R. Vakoc, M.D., Ph.D.Cold Spring Harbor LaboratoryCold Spring Harbory, NYTherapeutic targeting of the polycomb complex PRC2 in acute myeloid leukemia
2012 V schOlars
Hiu Wing Cheung, Ph.D.Hollings Cancer CenterMedical University of South CarolinaCharleston, SCRole of ID4 in ovarian cancer development and metastasis
Christina Curtis, Ph.D.USC Norris Comprehensive Cancer CenterUniversity of Southern California Los Angeles, CAInterrogating patient-specific tumor dynamics through single cell profiles and computational modeling
Todd Fehniger, M.D., Ph.D.Siteman Cancer CenterWashington University School of MedicineSt. Louis, MOEnhanced innate immunity to cancer utilizing human memory-like NK cells Daniel A. Harki, Ph.D.Masonic Cancer CenterUniversity of MinnesotaMinneapolis, MNFunded by Delta Chi Fraternity Beyond parthenolide: next generation molecules targeting AML cancer stem cells
Justin D. Lathia, Ph.D.Cleveland Clinic Lerner College of MedicineCleveland, OHAlbert Wyrick V Scholar AwardFunded by the Michael and Carole Marks Family Holding on to stemness: targeting mechanisms that maintain glioblastoma stem cells
Qing Li, M.D., Ph.D.University of Michigan Comprehensive Cancer CenterUniversity of Michigan Ann Arbor, MINRAS signaling in hematopoietic stem cells and leukemic stem cells
Jeffrey Venstrom, M.D.UCSF Helen Diller Family Comprehensive Cancer CenterUniversity of California at San FranciscoSan Francisco, CAFunded by The V Foundation Wine Celebration Volunteer GrantIn honor of Derek and Cathy ReisingerMechanisms and strategies for recruiting natural killer cells to cure acute myeloid leukemia
Jessie Villanueva, Ph.D.The Wistar InstitutePhiladelphia, PAEstablishing molecular targets for NRAS driven melanomas: an unmet medical need
Sarah (Sadie) Wignall, Ph.D.Robert H. Lurie Comprehensive Cancer CenterNorthwestern University Chicago, ILTargeting centrosome-clustering mechanisms to selectively kill cancer cells
Monte M. Winslow, Ph.D.Stanford Cancer InstituteStanford University Stanford, CAMartin D. Abeoff, M.D. V Scholar Award*Functional characterization of Nkx2-1 regulated genes that govern lung cancer metastasis
Xiaoyang Wu, Ph.D.University of Chicago Comprehensive Cancer InstituteChicago, ILSpectraplakin and coordinated cytoskeletal dynamics in colorectal cancer
*The research project that receives the highest rating by the Scientific Advisory Board will annually be designated as the Martin D. Abeloff, M.D. V Scholar Award.
2012 TranslaTiOnal GranTs
Steven P. Balk, M.D., Ph.D.Huihui Ye, MMSc.Glenn Bubley, M.D.Martin Sanda, M.D.Beth Israel Deaconess Medical CenterBoston, MAMolecular characterization of gleason 3 tumors that progress to gleason 4
Michele Carbone, M.D., Ph.D.Haining Yang, Ph.D.Ian Pagano, Ph.D.University of Hawaii Cancer CenterHonolulu, HIHMGB1: A biomarker for mineral fiber exposure and detection of malignant mesothelioma
Reuben S. Harris, Ph.D.Douglas Yee, M.D.Masonic Cancer CenterUniversity of MinnesotaMinneapolis, MNFunded by The V Foundation Wine Celebration Vintner GrantIn honor of Suzanne Pride-BryanRole of DNA deamination in breast cancer
Nora Heisterkamp, Ph.D.Steven Mittelman, M.D., Ph.D.Yong-mi Kim, M.D., Ph.D.Children’s Hospital Los AngelesLos Angeles, CAImproving treatment outcome in leukemia by disruption of bone-marrow leukemia interactions relevant to minimal residual disease
Angela M. Hartley Brodie, Ph.D.University of Maryland School of MedicineFunded by Friends of V Baltimore Golf ClassicTargeting mechanisms of resistance to hormone therapy in breast cancer
Miaofen G. Hu, M.D., Ph.D.Richard Van Eten, M.D., Ph.D.Tufts Medical CenterMedford, MACDK6 as a novel therapeutic target in T-cell acute lymphoblastic leukemia
Mark C. Lanasa, M.D., Ph.D.Sandeep Dave, M.D., M.S.Duke Cancer InstituteDuke University Medical CenterDurham, NCGenetic determinants of progression in chronic lymphocytic leukemia
Anthony E. Oro, M.D., Ph.D.Jean Y. Tang, M.D., Ph.D.Stanford Cancer InstituteStanford UniversityStanford, CANovel therapies for hedgehog-dependent cancers
W. Kimryn Rathmell, M.D., Ph.D.Jason Lieb, Ph.D.Ian Davis, M.D., Ph.D.UNC Lineberger Comprehensive Cancer CenterUniversity of North Carolina at Chapel HillChapel Hill, NCFunded by the Jimmy V Celebrity Golf Classic In memory of Girard TilleryReprogramming the histone methylation code of renal cell carcinoma
Martine F. Roussel, Ph.D.Amar Gajjar, M.D.St. Jude Children’s Research HospitalMemphis, TNIdentification and pre-clinical testing of compounds to treat group 3 medulloblastoma
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Kimberly Stegmaier, M.D.James E. Bradner, M.D.Lisa R. Diller, M.D.Dana-Farber Cancer InstituteBoston, MATherapeutic targeting of N-Myc with BET bromodomain inhibition in neuroblastoma
2012 DesiGnaTeD GranTs
All Children’s HospitalDick Vitale Pediatric Cancer Research FellowshipSt. Petersburg, FLFunded by the Dick Vitale Gala
Victoria F. Borges, M.D., MMScUniversity of Colorado Cancer CenterDenver, COFunded by the Kay Yow Cancer FundPilot study the prevention of postpartum pregnancy associated breast cancer
Ian Davis, M.D., Ph.D.UNC Lineberger Comprehensive Cancer Center at UNCFunded by the Jimmy V Celebrity Golf ClassicTargeting deregulated transcription in pediatric cancers
James M. Ford, M.D.Stanford Cancer InstituteStanford UniversityPalo Alto, CAFunded by the Gastric Cancer Foundation
Peter Forsyth, M.D.H. Lee Moffitt Cancer Center and Research InstituteUniversity of South FloridaTampa, FLFunded by the Dick Vitale GalaDeveloping myxoma virus as an experimental treatment for brain cancer stem cells in children and adults with malignant gliomas
Susan Goodin, PharmD.Cancer Institute of New JerseyRobert Wood Johnson Medical SchoolUniversity Medical CenterNew Brunswick, NJFunded by Marketing Research Consultants Prevention of prostate cancer progression by atorvastatin and celecoxib
Ramaswamy Govindan, M.D.Siteman Cancer Center Washington University School of MedicineSt. Louis, MOFunded by UNICO In memory of Dorothy Jean VarsalonaMolecular assay to predict outcomes in resected NSCLC using nanostring technology
Corrine Linardic, M.D., Ph.D.Duke Cancer InstituteDuke University Medical CenterDurham, NCFunded by Apple Gold GroupUnderstanding SFRP’s contribution to alveolar rhabdomyosarcoma tumorigenesis
University of Texas MD Anderson Cancer CenterPediatric CancerFunded by LG Electronics Home Court Advantage
Nehal Parikh, M.D.Connecticut Children’s Medical CenterHartford, CTFunded by ESPN, Inc.Isolation and characterization of cancer stem cells in neuroblastoma tumor model
St. Helena Hospital FoundationSt. Helena, CAFunded by The V Foundation Wine Celebration
University of Texas MD Anderson Cancer CenterHouston, TXSPORE in Ovarian CancerFunded by the Kay Yow Cancer Fund
Daniel S. Wechsler, M.D., Ph.D.Duke Cancer InstituteDuke University Medical CenterDurham, NCFunded by Apple Gold GroupStrike while the iron is not: targeting CALM-rearranged leukemias by iron deprivation
Hai Yan, M.D., Ph.D.Duke Cancer InstituteDuke University Medical CenterDurham, NCSupplemental SPOREFunded by The V Foundation Wine Celebration and Accelerate Brain Cancer CureDeveloping novel approaches to target gliomas
Steven Zeitels, M.D., FACSMassachusetts General Hospital Cancer CenterBoston, MAFunded by the Dick Vitale GalaVoice preservation in the treatment of early glottic (laryngeal) cancer
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The V Foundation Board of Directors is entrusted with and accountable for the strategic leadership and governance of the organization. The Board is comprised of prominent business leaders, award-winning athletes and coaches, distinguished physicians and world-renowned entertainers. Their governance is integral to the sustainability and long-term effectiveness of the Foundation in ways that are consistent with our core values and principles.
board of directors
Philip H. Knight Chairman of the Board of DirectorsNike, Inc.
Michael W. Krzyzewski Head Coach, Men’s BasketballDuke University
Eric Lautenbach Director of College Basketball Sports MarketingNIKE, Inc.
Carl C. Liebert III PresidentUSAA Capital Corporation
Robert E. Lloyd ChairmanThe V Foundation for Cancer Research
Joe Loughrey Retired President and Vice ChairmanCummins, Inc.
Michael C. Mac Donald Chairman and Chief Executive OfficerMedifast
Michael E. Marks Founding PartnerRiverwood Capital, LLC
Geoffrey S. MasonSenior Production SpecialistESPN, Inc.
Jim AllegroEmeritus DirectorRetired Executive Vice PresidentESPN, Inc. Julie Allegro General PartnerAllegro Venture Partners
Robert C. Bast Jr., M.D.Vice President for Translational ResearchUniversity of Texas MD Anderson Cancer Center
George Bodenheimer Executive ChairmanESPN, Inc.
Steven M. Bornstein President and Chief Executive OfficerNFL Network
Bill Cosby
George W. Dennis IIIRetired Senior PartnerTeague Campbell Dennis & Gorham, LLP
David B. Fay Retired Executive DirectorUnited States Golf Association
Rosa M. Gatti Retired Senior Vice President, Communications Counsel and Corporate OutreachESPN, Inc.
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Robert ValvanoSports Commentator
Lesley Visser Sports CommentatorCBS and HBO
Dick VitaleSports CommentatorESPN, Inc. and ABC Sports
R.C. “Bucky” WatersRetired Vice Chancellor/Special Projects Duke University Medical CenterSports CommentatorESPN, Inc. & Madison Square Garden
Robert P. Wayman Retired Chief Financial Officer and Executive Vice President Hewlett-Packard Company
Dereck WhittenburgSports CommentatorESPN, Inc.
David W. WilliamsRetired Senior Vice PresidentWhirlpool Corporation
Norby WilliamsonExecutive Vice President, Programming & Acquisitions ESPN, Inc.
Larry WoodardPresident and Chief Executive OfficerGraham Stanley Advertising
Joseph O. Moore, M.D.Medical DirectorDuke Raleigh Cancer CenterProfessor, Hematology & OncologyDuke Cancer Institute
Robert C. NakasoneRetired Chief Executive OfficerToys “R” Us
Donna Orender Chief Executive OfficerOrender Unlimited LLC
Lawrence F. Probst IIIChairman of the BoardElectronic ArtsChairmanUnited States Olympic Committee
Harry E. Rhoads, Jr. Chief Executive OfficerWashington Speakers BureauSecretaryThe V Foundation for Cancer Research
Robin Roberts Co-AnchorABC’s Good Morning America
John P. Saunders Sports CommentatorESPN, Inc. and ABC Sports
Constance E. SkidmoreFormer Board Member and Managing PartnerPricewaterhouseCoopers LLC
John Skipper PresidentESPN, Inc.
Anthony F. Smith, Ph.D.Co-Founder and Managing DirectorLeadership Research Institute
Pamela Valvano StrasserChairwomanThe V Foundation for Cancer Research
Nicholas P. ValvanoPresident Emeritus The V Foundation for Cancer Research
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The Scientific Advisory Board is comprised of leading physicians and research scientists from prominent universities and cancer centers. The all-volunteer Scientific Advisory Board ensures that grant proposals meet the highest standards of scientific merit and that funding is properly allocated.
scientific advisory board
Richard I. Fisher, M.D.Physician-in-Chief & Executive Vice PresidentFox Chase Cancer CenterSenior Associate DeanTemple University School of MedicinePhiladelphia, PA
James M. Ford, M.D.Associate Professor of Medicine and GeneticsStanford University School of MedicineStanford, CA
Susan G. Hilsenbeck, Ph.D.Fellow of the American Statistical AssociationVice Chair, Baylor College of Medicine Institutional Review BoardBaylor College of MedicineHouston, TX
Theodore S. Lawrence, M.D., Ph.D.Chair, Radiation OncologyCo-Chair, Radiation Sciences ProgramUniversity of MichiganComprehensive Cancer Center Ann Arbor, MI
A. Thomas Look, M.D.Professor, PediatricsHarvard Medical SchoolVice Chair, Pediatric Oncology ResearchDana-Farber Cancer InstituteHarvard Cancer Center Leukemia ProgramCambridge, MA
John D. Minna, M.D.Professor and Director, Hamon Center for Therapeutic Oncology ResearchProfessor, Internal Medicine & PharmacologyDirector, Center for Cancer GeneticsUniversity of Texas Southwestern Medical CenterDallas, TX
Robert C. Bast, Jr., M.D.Vice President for Translational ResearchMD Anderson Cancer CenterHouston, TX
William T. Beck, Ph.D.Professor and HeadDepartment of Biopharmaceutical SciencesUniversity of Illinois at ChicagoChicago, IL
Gerold Bepler, M.D., Ph.D.President & Chief Executive OfficerKarmanos Cancer InstituteDetroit, MI
Lisa M. Coussens, Ph.D.Hildegard Lamfrom Chair in Basic ScienceProfessor and Chair, Cell & Developmental BiologyAssociate Director for Basic RsearchKnight Cancer InstituteOregon Health & Sciences UniversityPortland, OR
Nancy E. Davidson, M.D.DirectorUniversity of Pittsburgh Cancer InstitutePittsburg, PA
H. Shelton Earp III, M.D.Director & Lineberger ProfessorProfessor of Medicine and PharmacologyUNC Lineberger Comprehensive Cancer CenterChapel Hill, NC
Paul F. Engstrom, M.D.Senior Vice President for Population ScienceFox Chase Cancer CenterPhiladelphia, PA
Olivera J. Finn, Ph. D.Professor & Chair, Dept. of ImmunologyUniversity of Pittsburgh School of MedicinePittsburg, PA
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Richard O’Reilly, M.D.Chair, Department of PediatricsChief, Pediatric Bone Marrow Transplant ServicesMemorial Sloan-Kettering Cancer CenterNew York, NY
Jerome Ritz, M.D.Professor of Medicine, Harvard Medical SchoolDana-Farber Cancer InstituteBoston, MA
David E. Schuller, M.D.Vice President, OSU Medical Center Expansion and OutreachDirector Emeritus, OSU Comprehensive Cancer CenterThe Ohio State UniversityColumbus, OH
Jonathan W. Simons, M.D.Chief Executive OfficerProstate Cancer FoundationSanta Monica, CA
Margaret A. Tempero, M.D.Chief, Medical Oncology Department of MedicineUniversity of California at San FranciscoSan Francisco, CA
Martin D. Abeloff, M.D.In Memoriam
Joseph O. Moore, M.D.Medical DirectorDuke Raleigh Cancer CenterProfessor, Hematology & Oncology Department of MedicineDuke Cancer InstituteDurham, NC
William G. Nelson, M.D., Ph.D.Professor, Oncology and UrologyDirectorSidney Kimmel Comprehensive Cancer Center at Johns HopkinsBaltimore, MD
Brian Patrick O’Neill, M.D.Professor of Neurology, Mayo ClinicCollege of MedicineLeader, Translational Research Program in Neuro-OncologyDirector, Mayo SPORE in Brain CancerMayo Clinic Cancer CenterRochester, MN
David Piwnica-Worms, M.D., Ph.D.Director, BRIGHT InstituteDirector, Molecular Imaging CenterProfessor of Radiology, Cell Biology & Physiology, Developmental BiologyWashington University School of MedicineSt. Louis, MO
Helen Piwnica-Worms, Ph.D.Gerty T. Cori Professor and Head of Cell Biology & PhysiologyProfessor of Internal MedicineWashington University School of MedicineSt. Louis, MO
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”
“— Dr. robert bast
The V FOunDaTiOn scienTiFic aDVisOry bOarD is an excepTiOnal GrOup OF physicians anD scienTisTs whO assure ThaT FunDs FrOM DOnOrs are inVesTeD wisely
in The careers OF The MOsT GiFTeD anD MOTiVaTeD yOunG inVesTiGaTOrs anD in The MOsT prOMisinG
prOjecTs which MOVe new DruGs anD apprOaches FrOM The labOraTOry TO The clinic.
current assets
Cash and cash equivalents
Accounts receivable, net
Promises to give, net
Prepaid expenses
total current assets
property & equipment, net
other assets
Investments
Promises to give, net
total other assets
total assets
support and revenue
Contributions and gifts
Special events income, net of expenses
Investment income
Unrealized gain on investments
Realized gain on investments
Net assets released from restrictions
total support and revenue
expenses
Program Services
supporting services
Management and general
Fundraising expenses
total supporting services
subtotal expenses
Loss from bad debts
total expenses
changes in net assets
net assets - beginning of year
net assets - end of year
current liabilities
Accounts payable & accrued expenses
Accrued payroll & related liabilities
Lease payable
Grants payable
total current liabilities
long-term liabilities
Grants payable, net
total liabilities
net assets
Unrestricted
Temporarily restricted
Permanently restricted
total net assets
total liabilities and net assets
sTaTeMenT OF Financial pOsiTiOn September 30, 2012
sTaTeMenT OF acTiViTies & chanGes in neT asseTsFor the Year Ended September 30, 2012
assets liabilities and net assets
$11,413,695
55,500
316,918
56,406
11,842,519
38,177
21,026,926
3,874,888
24,901,814
$36,782,510
$5,970
33,164
27,350
10,897,500
10,963,984
9,434,728
20,398,712
(3,207,040)
3,834,726
15,756,112
16,383,798
$36,782,510
unrestrictedtemporarily
restrictedpermanently
restricted totals
$9,287,602
3,827,663
138,643
320,457
112,857
13,687,222
2,908,465
16,595,687
15,537,636
724,916
769,755
1,494,671
17,032,307
–
17,032,307
(436,620)
(2,770,420)
($3,207,040)
$2,533,706
–
–
–
–
2,533,706
–
2,533,706
–
–
–
–
–
80,000
80,000
2,453,706
13,302,406
$15,756,112
$936,206
–
322,984
813,615
286,511
2,359,316
(2,908,465)
(549,149)
–
–
–
–
–
150,000
150,000
(699,149)
4,533,875
$3,834,726
$12,757,514
3,827,663
461,627
1,134,072
399,368
18,580,244
–
18,580,244
15,537,636
724,916
769,755
1,494,671
17,032,307
230,000
17,262,307
1,317,937
15,065,861
$16,383,798
20
12 F
INA
NC
IALS
10
11
ca
TOP 15 GRANT DISTRIBUTIONSBY STATE, 1994-2012
ny
Va
nc
pa
Mn
Ma
MD
in
Tx
Tn
Oh
nj
Fl
il
$20,296,312
$6,179,861
$2,202,650
$11,170,954
$5,456,709
$1,804,322
$10,900,000
$4,956,200
$1,729,175
$7,684,697
$3,000,000
$3,852,017
$1,450,000
$7,661,860
$2,505,750
176
GRANT DISTRIBUTIONS BY CANCER SITE, 1994-2012
26
496
66
24
53
17
45
10
13
31
grants
grants
grants
grants
grants
grants
grants
grants
grants
grants
grants
General Cancer/Other$21,393,992
GI$3,776,562
$101,391,054
Leukemia/Lymphoma$17,375,000
Prostate$4,410,000
Breast$10,515,000
Melanoma$6,250,000
Pediatric$13,159,000
Pediatric$13,159,000
Pancreatic$5,050,000
7
6
6
3
5
grants
grants
grants
grants
grants
Renal$2,686,500
Head and Neck$1,350,000
Myeloma $500,000
Colon$350,000
Ewings$775,000
Lung$8,850,000
8grants
Gyn./Cervical/Ovarian $1,900,000
10grants
Brain$3,050,000