2015-02-12T16:20:53-06:00 2014-09-30 561304727 BLACKMAN & SLOOP CPAS PA 1414 RALEIGH RD SUITE 300 CHAPEL HILL NC 27517 990 2013-10-01 133705951 THE V FOUNDATION VFOU 9193809505 106 TOWERVIEW COURT CARY NC 27513 SUSAN BRAUN CEO 9193809505 2015-02-12 1 APRIL WALKER P00829419 9199428700 2013 2016-03-07 17:11:31Z SUSAN BRAUN 106 TOWERVIEW COURT CARY NC 27513 43620118 0 X WWW.JIMMYV.ORG X 1993 NC TO PUT AN END TO CANCER. 41 40 25 300 0 0 17431963 30207886 0 0 829610 1366890 -466717 -481734 17794856 31093042 13768985 15221206 0 0 2073589 2262107 0 0 1304498 1086178 1337020 16928752 18820333 866104 12272709 40190117 55466949 22213219 24154466 17976898 31312483 THE FOUNDATION'S MISSION IS TO GENERATE BROAD BASED SUPPORT FOR CANCER RESEARCH AND TO CREATE AN URGENT AWARENESS AMONG ALL AMERICANS OF THE IMPORTANCE OF THE WAR AGAINST CANCER. THE FOUNDATION ACCOMPLISHES THIS MISSION THROUGH ADVOCACY, EDUCATION, FUNDRAISING, AND PHILANTHROPY. 0 0 16714322 15221206 4191 THE FOUNDATION'S MISSION IS TO GENERATE BROAD BASED SUPPORT FOR CANCER RESEARCH AND TO CREATE AN URGENT AWARENESS AMONG ALL AMERICANS OF THE IMPORTANCE OF THE WAR AGAINST CANCER. THE FOUNDATION ACCOMPLISHES THIS MISSION THROUGH ADVOCACY, EDUCATION, FUNDRAISING, AND PHILANTHROPY.IN 2014, THE FOUNDATION AWARDED 20 V SCHOLAR GRANTS TO IDENTIFY, RETAIN AND FURTHER THE CAREERS OF TALENTED YOUNG INVESTIGATORS, 12 GRANTS IN TRANSLATIONAL CLINICAL RESEARCH, AND 17 DESIGNATED GRANTS INSPIRED BY PARTICULAR AREAS OF SCIENTIFIC INTEREST AND/OR GEOGRAPHIC REACH. THESE GRANTS WERE AWARDS TO RESEARCHERS AT LEADING INSTITUTIONS ACROSS 20 STATES. 16714322 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 12 0 1 25 1 0 0 0 0 0 1 1 0 0 0 0 X 41 40 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SUSAN BRAUN 9193809505 106 TOWERVIEW COURT CARY NC 27513 STEVEN BORNSTEIN CHAIR 1.00 X X 0 0 0 PAMELA VALVANO STRASSER CHAIRWOMAN 1.00 X X 0 0 0 ROBERT LLOYD CHAIR EMERITUS 1.00 1.00 X X 0 0 0 CONSTANCE SKIDMORE TREASURER 1.00 1.00 X X 0 0 0 GEORGE BODENHEIMER SECRETARY 1.00 X X 0 0 0 GEORGE DENNIS III DIRECTOR 1.00 X 0 0 0 JULIE ALLEGRO DIRECTOR 1.00 1.00 X 0 0 0 ROBERT BAST JR DIRECTOR 1.00 X 0 0 0 BILL COSBY DIRECTOR 1.00 X 0 0 0 DAVID FAY DIRECTOR 1.00 X 0 0 0 ROSA GATTI DIRECTOR 1.00 X 0 0 0 MARK KING DIRECTOR 1.00 X 0 0 0 PHILIP KNIGHT DIRECTOR 1.00 X 0 0 0 MICHAEL KRZYZEWSKI DIRECTOR 1.00 X 0 0 0 ERIC LAUTENBACH DIRECTOR 1.00 X 0 0 0 CARL LIEBERT III DIRECTOR 1.00 X 0 0 0 FJ JOE LOUGHREY DIRECTOR 1.00 X 0 0 0 MICHAEL MAC DONALD DIRECTOR 1.00 X 0 0 0 MICHAEL MARKS DIRECTOR 1.00 X 0 0 0 GEOFFREY MASON DIRECTOR 1.00 X 0 0 0 JOSEPH MOORE DIRECTOR 1.00 X 0 0 0 ROBERT NAKASONE DIRECTOR 1.00 X 0 0 0 DONNA ORENDER DIRECTOR 1.00 X 0 0 0 LAWRENCE PROBST III DIRECTOR 1.00 1.00 X 0 0 0 HARRY RHOADS JR DIRECTOR 1.00 X 0 0 0 ROBIN ROBERTS DIRECTOR 1.00 X 0 0 0 JOHN SAUNDERS DIRECTOR 1.00 X 0 0 0 JOHN SKIPPER DIRECTOR 1.00 X 0 0 0 TONY SMITH DIRECTOR 1.00 1.00 X 0 0 0 STUART TAYLOR DIRECTOR 1.00 X 0 0 0 ROBERT VALVANO DIRECTOR 1.00 X 0 0 0 LESLEY VISSER DIRECTOR 1.00 X 0 0 0 DICK VITALE DIRECTOR 1.00 X 0 0 0 RC BUCKY WATERS DIRECTOR 1.00 X 0 0 0 ROBERT WAYMAN DIRECTOR 1.00 X 0 0 0 DERECK WHITTENBURG DIRECTOR 1.00 X 0 0 0 DAVID WILLIAMS DIRECTOR 1.00 X 0 0 0 NORBY WILLIAMSON DIRECTOR 1.00 X 0 0 0 LARRY WOODARD DIRECTOR 1.00 X 0 0 0 NICHOLAS VALVANO PRESIDENT EMERITUS 20.00 X X 107019 0 17708 SUSAN BRAUN CEO 40.00 3.00 X 335217 0 21463 JEFFERSON PARKER CHIEF FINANCIAL & ADMIN. OFFICER 40.00 3.00 X 127308 0 29096 JOHN LESHNEY SR VP OF DONOR DEVELOPMENT 40.00 X 164632 0 32610 LARRY LANE EMPLOYEE 40.00 X 132315 0 29211 CRAIG ROGERS EMPLOYEE 40.00 X 131000 0 29584 997491 0 159672 6 0 1 0 MERRILL LYNCH 3775 VIA NONA MARIE 3RD FLOOR CARMEL CA 93922 INVESTMENT MANAGEMENT 192912 1 1866341 1331149 27010396 3914434 30207886 447959 447959 12685857 11766926 918931 918931 918931 274225 1866341 760150 -485925 -485925 LICENSING INCOME 900099 4191 4191 4191 31093042 4191 0 880965 15221206 15221206 988201 408522 225705 353974 886464 366402 202469 317593 18688 7724 4269 6695 242509 100241 55389 86879 126245 52186 28834 45225 187341 32759 94315 60267 80947 33461 18488 28998 147029 60778 33581 52670 126053 52105 28791 45157 139856 57812 31943 50101 145759 60252 33291 52216 16131 6668 3684 5779 21150 8742 4831 7577 ASSOCIATED ORGANIZATION 164001 164001 DONOR RECOGNITION EXPEN 135022 135022 BANK SERVICE CHARGES 110832 45814 25314 39704 MISCELLANEOUS 25128 10387 5739 9002 37771 25262 4870 7639 18820333 16714322 801513 1304498 3491016 8699899 8239373 5747484 5549527 13920265 213495 92800 151737 24694 120357 83809 48515 36548 20852536 25364720 1593918 1530539 50000 50000 40190117 55466949 109156 154154 22063713 23947462 12500 40350 40350 22213219 24154466 X 1927311 6393357 3932576 12745909 12117011 12173217 17976898 31312483 40190117 55466949 X 12272709 1263681 -200805 X X 0 1 X 1 0 X 10176526 12910972 16238935 17431963 30207886 86966282 10176526 12910972 16238935 17431963 30207886 86966282 4211246 82755036 369272 458093 461627 579130 603298 2471420 89437702 0.92530 0.95630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22688463 5105927 2814144 3315837 191724 27100973 21570607 2640094 1741333 3072283 191288 22688463 19257672 1248468 1983638 741333 177838 21570607 20007256 948986 -116694 1397265 184611 19257672 18555062 1413383 1826001 1631035 156155 20007256 0.58140 0.41860 0 0 54358 30216 24142 65999 53593 12406 36548 DEFERRED RENT 40350 40350 X 32356723 1263681 1263681 31093042 0 31093042 19021138 200805 200805 18820333 0 18820333 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF ONE INDIVIDUAL FUND ESTABLISHED FOR PROVIDING LONG-TERM STABILITY AND UTILIZATION OF ITS EARNINGS FOR FUNDING OF THE OPERATIONS OF THE FOUNDATION. PART X, LINE 2: UNDER THE STATUTE OF LIMITATIONS, THE FEDERAL INFORMATIONAL RETURNS OF THE FOUNDATION FOR THE YEARS ENDED SEPTEMBER 30, 2011 THROUGH 2014 ARE SUBJECT TO EXAMINATION BY THE U.S. INTERNAL REVENUE SERVICE. MANAGEMENT EVALUATED TAX POSITIONS FOR THE YEARS ENDED SEPTEMBER 30, 2011 THROUGH 2014, AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS, AND BELIEVES THERE IS NO INCOME TAX EFFECT ON THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS FROM BAD DEBTS 200,805. DICK VITALE GALA 1809568 1600183 209385 63446 170686 65150 216567 JIMMY V CLASSIC NY DINNER 153941 132313 21628 109757 10494 9079 4 177057 133845 43212 10344 10927 50558 2140566 1866341 274225 183547 192107 65150 276204 717008 -442783 1 ALBERT EINSTEIN COLLEGE OF MEDICINE 1300 MORRIS PARK AVENUE BRONX NY 104611975 132937352 501(C)(3) 200000 CANCER RESEARCH ALL CHILDREN'S HOSPITAL FOUNDATION 500 7TH AVENUE S ST PETERSBURG FL 33731 592481738 501(C)(3) 50000 CANCER RESEARCH BENIOFF CHILDREN'S HOSPITAL 1855 FOLSOM STREET STE 425 BOX 0897 0897 SAN FRANCISCO CA 94143 946036493 501(C)(3) 305000 CANCER RESEARCH BOSTON CHILDREN'S HOSPITAL 300 LONGWOOD AVENUE BOSTON MA 02115 042774441 501(C)(3) 200000 CANCER RESEARCH CHAO FAMILY CANCER CENTER UC IRVINE BIOSCI III STE 1400 IRVINE CA 926971050 952226406 501(C)(3) 200000 CANCER RESEARCH CHILDREN'S HOSPITAL LOS ANGELES 4650 SUNSET BLVD LOS ANGELES CA 900276062 951690977 501(C)(3) 250000 CANCER RESEARCH DAN L DUNCAN CANCER CENTER BAYLOR ONE BAYLOR PLAZA BCM 286 HOUSTON TX 77030 741613878 501(C)(3) 600000 CANCER RESEARCH DANA-FARBER CANCER INSTITUTE 44 BINNEY STREET ROOM 1628 BOSTON MA 02115 042263040 501(C)(3) 200000 CANCER RESEARCH FRED HUTCHINSON CANCER RESEARCH CENTER 1100 FAIRVIEW AVENUE N SEATTLE WA 98109 951642394 501(C)(3) 100000 CANCER RESEARCH HOLDEN CANCER CENTER UNIVERSITY OF IOWA B5JH UNIVERSITY OF IOWA GRANTS ACCOUNTING IOWA CITY IA 52242 426004813 501(C)(3) 200000 CANCER RESEARCH HUNTSMAN CANCER INSTITUTE UNIVERSITY OF UTAH 201 SOUTH PRESIDENTS CIRCLE ROOM 406 SALT LAKE CITY UT 841129023 876000525 501(C)(3) 600000 CANCER RESEARCH JOHN AND REBECCA MOORES CANCER CENTER UCSD 9500 GILMAN DRIVE MC 0613 LA JOLLA CA 92093 956006144 501(C)(3) 800000 CANCER RESEARCH KNIGHT CANCER INSTITUTE OREGON HEALTH SCIENCE CENTER 0690 SW BANCROFT STREET MC L106SPA PORTLAND OR 973293098 931176109 501(C)(3) 700000 CANCER RESEARCH MASSACHUSSETTS GENERAL HOSPITAL CANCER CENTER C/O BANK OF AMERICA NA - PO BOX 414876 BOSTON MA 022414876 041564655 501(C)(3) 700000 CANCER RESEARCH MD ANDERSON CANCER CENTER 1515 HOLCOMBE BLVD BOX 91 HOUSTON TX 77030 746001118 501(C)(3) 640000 CANCER RESEARCH MEMORIAL SLOAN-KETTERING CANCER CENTER 1275 YORK AVENUE NEW YORK NY 10021 131924236 501(C)(3) 590000 CANCER RESEARCH MIT KOCH INSTITUTE FOR INTEGRATIVE CANCER RESEARCH 77 MASSCHUSETTS AVE E18-901 CAMBRIDGE MA 021394307 042103594 501(C)(3) 800000 CANCER RESEARCH MOFFITT CANCER CENTER & RESEARCH INSTITUTE 12902 MAGNOLIA DRIVE TAMPA FL 33612 593238636 501(C)(3) 850000 CANCER RESEARCH NC STATE UNIVERSITY CANCER THERAPEUTICS TRAINING PROGRAM 2701 SULLIVAN DRIVE SUITE 240 RALEIGH NC 27695 566000756 501(C)(3) 50000 CANCER RESEARCH NYU CANCER INSTITUTE SKIRBALL PO BOX 415026 BOSTON MA 022415026 135562308 501(C)(3) 200000 CANCER RESEARCH PURDUE UNIVERSITY CENTER FOR CANCER RESEARCH 155 GRANT STREET WEST LAFAYETTE IN 47907 356002041 501(C)(3) 200000 CANCER RESEARCH SIDNEY KIMMEL CANCER CENTER 401 NORTH BROADWAY BALTIMORE MD 21231 520595110 501(C)(3) 800000 CANCER RESEARCH SIMMONS CANCER CENTER UT SOUTHWESTERN 5801 FOREST PARK RD DALLAS TX 753909183 756002868 501(C)(3) 200000 CANCER RESEARCH SITEMAN CANCER CENTER WASHINGTON UNIVERSITY ST LOUIS 700 ROSEDALE AVE CAMPUS BOX 1034 ST LOUIS MO 63112 430653611 501(C)(3) 200000 CANCER RESEARCH STANFORD CANCER CENTER 800 WELCH ROAD ROOM 284 STANFORD CA 94305 941156365 501(C)(3) 200000 CANCER RESEARCH THE RESEARCH INSTITUTE AT NATIONWIDE CHILDREN'S HOSPITAL 700 CHILDRENS DRIVE WEXNER 1ST FL COLUMBUS OH 43205 316056230 501(C)(3) 200000 CANCER RESEARCH MELANOMA RESEARCH ALLIANCE 1101 NEW YORK AVE NW WASHINGTON DC 20005 261636099 501(C)(3) 112500 CANCER RESEARCH UNC LINEBERGER CANCER CENTER 450 WEST DRIVE CB7295 CHAPEL HILL NC 27599 566001393 501(C)(3) 1800000 CANCER RESEARCH UNIVERSITY OF CHICAGO CANCER CENTER 5235 HARPER CT 4TH FLOOR CHICAGO IL 60615 362177139 501(C)(3) 800000 CANCER RESEARCH UNIVERSITY OF ILLINOIS PO BOX 4610 SPRINGFIELD MA 027084610 376000511 501(C)(3) 55000 CANCER RESEARCH UNIVERSITY OF MICHIGAN CANCER CENTER 1500 EAST MEDCIAL CENTER DRIVE ANN ARBOR MI 48109 386006309 501(C)(3) 100000 CANCER RESEARCH UNIVERSITY OF PITTSBURGH CANCER INSTITUTE 5150 CENTRE AVENUE SUITE 500 PITTSBURGH PA 15232 250965591 501(C)(3) 800000 CANCER RESEARCH UNIVERSITY OF VIRGINIA HEALTH SYSTEM PO BOX 400195 CHARLOTTESVILLE VA 22904 546001796 501(C)(3) 365000 CANCER RESEARCH UNIVERSITY OF WISCONSIN CARBONE CANCER CENTER 21 NORTH PARK STREET STE 6401 MADISON WI 537151218 396006492 501(C)(3) 200000 CANCER RESEARCH VANDERBILT-INGRAM CANCER CENTER DEPT AT 40303 ATLANTA GA 311920303 620476822 501(C)(3) 100000 CANCER RESEARCH WEILL CORNELL CANCER CENTER 1300 YORK AVENUE C312 NEW YORK NY 10065 131623978 501(C)(3) 600000 CANCER RESEARCH AGA RESEARCH FOUNDATION 4930 DEL RAY AVENUE BETHESDA MD 20814 366066325 501(C)(3) 225000 CANCER RESEARCH CHANGE IN DISCOUNT ON GRANTS PAYABLE 22162 N/A 37 PART I, LINE 2: THE FOUNDATION'S SCIENTIFIC ADVISORY BOARD REVIEWS PROPOSALS AND MAKES ALL FUNDING RECOMMENDATIONS. EACH FUNDED RESEARCHER IS REQUIRED TO PROVIDE THE V FOUNDATION WITH A PROJECT STATUS REPORT FOR EACH GRANT YEAR. THE FOUNDATION ALSO RECEIVES COPIES OF ANY PUBLICATIONS HIGHLIGHTING THE WORK OF V SCHOLAR AND TRANSLATIONAL GRANT RECIPIENTS. X X X X X X 0 0 0 0 0 0 0 0 0 SUSAN BRAUN CEO 307217 0 28000 0 0 0 4927 0 16536 0 356680 0 0 0 JEFFERSON PARKER CHIEF FINANCIAL & ADMIN. OFFICER 124308 0 3000 0 0 0 3819 0 25277 0 156404 0 0 0 JOHN LESHNEY SR VP OF DONOR DEVELOPMENT 159632 0 5000 0 0 0 4571 0 28039 0 197242 0 0 0 LARRY LANE EMPLOYEE 130315 0 2000 0 0 0 3727 0 25484 0 161526 0 0 0 CRAIG ROGERS EMPLOYEE 130000 0 1000 0 0 0 3750 0 25834 0 160584 0 0 0 X 43 3914434 SECURITY FMV 0 1 1 PART I, LINE 32B: THE FOUNDATION UTILIZES MERRILL LYNCH TO SELL ITS DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 NICHOLAS VALVANO, PRESIDENT EMERITUS, ROBERT VALVANO, BOARD DIRECTOR, AND PAMELA VALVANO STRASSER, BOARD CHAIRWOMAN, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 IN LATE 2013, THE BYLAWS WERE AMENDED. THE FOLLOWING SIGNIFICANT CHANGES WERE MADE: -DEFINED THE TERM LIMITS OF BOARD MEMBERS FROM INDEFINITE TO THREE CONSECUTIVE THREE YEAR TERMS. -SPECIFIED ROLES OF BOARD MEMBERS, DEFINED OFFICERS AND THEIR ROLES. -DEFINED BOARD COMMITTEES AND SPECIFIED THAT THE EXCECUTIVE COMMITTEE MAY ACT ON BEHALF OF THE BOARD IN THEIR ABSENCE. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER, CEO, AND TREASURER REVIEW THE FORM 990 IN DETAIL. A DRAFT OF FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS SIGN THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD OF DIRECTORS, AND THEY ARE REQUESTED TO SIGN IT ANNUALLY THEREAFTER. THE FOUNDATION RELIES UPON VOLUNTARY REPORTING OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE POSITIONS OF CEO, EXECUTIVE DIRECTOR, OR ANY KEY MANAGEMENT POSITION INCLUDES THE USE OF TOTAL COMPENSATION SOLUTIONS NOT FOR PROFIT COMPENSATION SURVEY, CHARITY NAVIGATOR'S CEO COMPENSATION STUDY, JOURNAL OF PHILANTHROPY NONPROFIT COMPENSATION REPORT, A REVIEW BY THE FINANCE/COMPENSATION COMMITTEE, AND APPROVAL BY THE BOARD OF DIRECTORS. THE FOUNDATION HAS ALSO CONSULTED WITH AN EXECUTIVE SEARCH FIRM WHEN SETTING CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION PUBLISHES ITS AUDIT REPORT ON ITS WEBSITE. THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS FROM BAD DEBTS -200,805. FORM 990, PART XII, LINE 2C: THE FOUNDATION'S AUDIT COMMITTEE HAS OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS. THE JIMMY V CELEBRITY GOLF CLASSIC 130 EDINBURGH SOUTH DRIVE SUITE 102 CARY NC 27511 561875773 CELEBRITY GOLF TOURNAMENT TO BENEFIT THE V FOUNDATION NC 501(C)(3) LINE 11C, III-FI 0 THE CRUSH FOUNDATION INC WINE CELEBRATION 1127 POPE STREET SUITE 203 SAINT HELENA CA 94574 680450777 AUCTION, GALA, AND OTHER EVENTS TO RAISE MONEY FOR THE V FOUNDATION CA 501(C)(3) LINE 11C, III-FI 0 EWINGS RESEARCH FOUNDATION INC PO BOX 1355 CARMEL BY THE SEA CA 93921 205843321 RAISE MONEY FOR EWING'S SARCOMA RESEARCH CA 501(C)(3) LINE 11A, I 0 THE V FOUNDATION CANADALA FONDATION V CANADA 70 GLOUCESTER ST OTTAWA ONTARIO CA RAISE SUPPORT FOR CANCER RESEARCH IN CANADA CA 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 THE JIMMY V CELEBRITY GOLF CLASSIC C 8997 ACCRUAL BASIS REVENUE THE CRUSH FOUNDATION INC WINE CELEBRATION C 1321247 ACCRUAL BASIS REVENUE EWING'S RESEARCH FOUNDATION INC C 905 ACCRUAL BASIS REVENUE THE CRUSH FOUNDATION INC WINE CELEBRATION Q 408459 AMOUNT OF EXPENSES REIMBURSED THE CRUSH FOUNDATION INC WINE CELEBRATION L 418509 AMOUNT OF EXPENSES PAID EWING'S RESEARCH FOUNDATION INC L 268 AMOUNT OF EXPENSES PAID FORM 990, SCHEDULE R, PART II IN 2013, THE V FOUNDATION ASSISTED IN THE ESTABLISHMENT OF THE V FOUNDATION CANADA/LA FONDATION V, A CANADIAN NONPROFIT ORGANIZATION WHOSE GOALS AND OBJECTIVES ARE IDENTICAL TO THOSE OF THE V FOUNDATION. THE FOUNDATION IS RELATED TO LA FOUNDATION V THROUGH COMMON CONTROL THROUGH THE BOARD OF DIRECTORS.