The V Foundation
Cary, NC · EIN 13-3705951. Reported 203 grants totalling $133.2M to 87 organizations across tax years 2020-2023, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. For The V Foundation, by its IRS classification it raises and distributes funds for medical research (NTEE H12).
- How spread out its giving is. 87 distinct organizations, with 6% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
- How much its list changes. 61% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is about the 57% median for grantmaking charities -- noticeably lower than the 67% private foundations manage. Organizations like this one rotate more of their list each year, which is where an opening for a newcomer tends to be.
How big are its grants?
The median reported grant is $600,000. Half of what it reported fell between $200,000 and $800,000; the smallest was $6,681 and the largest $3,000,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.
95 of those grants were non-cash -- goods, property or services worth $84.8M in total. In-kind giving is real support but it is not a cheque.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Dana-Farber Cancer Institute | Boston, MA | $7,400,000 | 5 | 4 | 2023 |
| Memorial Sloan-Kettering Cancer Center | New York, NY | $6,400,000 | 4 | 4 | 2023 |
| University of Miami | Coral Gables, FL | $4,600,000 | 4 | 4 | 2023 |
| University of Chicago | Chicago, IL | $3,850,000 | 4 | 4 | 2023 |
| Mass General Brigham Incorporated | Somerville, MA | $3,800,000 | 3 | 3 | 2023 |
| Trustees of the University of Pennsylvania | Philadelphia, PA | $3,512,500 | 4 | 4 | 2023 |
| Trustees of Columbia University | New York, NY | $3,200,000 | 4 | 4 | 2023 |
| University of Texas Southwestern Medical Center | Dallas, TX | $3,100,000 | 4 | 4 | 2023 |
| Regents of the University of California at San Diego | La Jolla, CA | $3,028,657 | 4 | 4 | 2023 |
| Baylor College of Medicine | Houston, TX | $3,000,000 | 4 | 3 | 2023 |
| Regents Univ of California | Los Angeles, CA | $2,945,000 | 3 | 3 | 2023 |
| Northwestern University | Evanston, IL | $2,800,000 | 4 | 3 | 2022 |
| Regents of the University of Michigan | Ann Arbor, MI | $2,800,000 | 3 | 3 | 2023 |
| St Jude Childrens Research Hospital Inc | Memphis, TN | $2,800,000 | 3 | 3 | 2022 |
| University of North Carolina at Chapel Hill | Chapel Hill, NC | $2,800,000 | 4 | 4 | 2023 |
| University of California San Francisco | San Francisco, CA | $2,745,000 | 4 | 3 | 2022 |
| Massachusetts Institute of Technology | Cambridge, MA | $2,600,000 | 5 | 4 | 2023 |
| University of Utah | Salt Lake City, UT | $2,600,000 | 3 | 3 | 2023 |
| Duke University | Durham, NC | $2,325,000 | 4 | 4 | 2023 |
| Cold Spring Harbor Laboratory | Cold Spg Hbr, NY | $2,200,000 | 2 | 2 | 2022 |
| New York University | New York, NY | $2,200,000 | 4 | 4 | 2023 |
| The Childrens Hospital of Philadelphia | Philadelphia, PA | $2,200,000 | 3 | 3 | 2023 |
| Regents of the University of Colorado | Denver, CO | $2,046,773 | 5 | 4 | 2023 |
| Albert Einstein College of Medicine | Bronx, NY | $2,000,000 | 2 | 2 | 2022 |
| University of Wisconsin-Madison School of Veterinary Medicine | Madison, WI | $2,000,000 | 2 | 1 | 2023 |
| University of Minnesota College of Veterinary Medicine | Minneapolis, MN | $1,900,000 | 3 | 2 | 2021 |
| Fred Hutchinson Cancer Center | Seattle, WA | $1,850,000 | 3 | 3 | 2023 |
| Rutgers Cancer Institute of New Jersey | New Brunswick, NJ | $1,850,000 | 3 | 3 | 2022 |
| Emory University | Atlanta, GA | $1,835,719 | 2 | 2 | 2023 |
| Fred Hutch University of Washington Seattle Childrens Cancer Consortium | Seattle, WA | $1,800,000 | 2 | 2 | 2023 |
| Ohsu Knight Cancer Institute | Portland, OR | $1,800,000 | 3 | 3 | 2023 |
| University of Texas MD Anderson Cancer Center | Houston, TX | $1,800,000 | 3 | 3 | 2023 |
| Johns Hopkins University | Baltimore, MD | $1,653,000 | 3 | 3 | 2023 |
| Childrens Hospital Corporation | Boston, MA | $1,600,000 | 3 | 3 | 2023 |
| Washington University | St Louis, MO | $1,600,000 | 3 | 3 | 2022 |
| City of Hope | Duarte, CA | $1,400,000 | 3 | 3 | 2022 |
| Holden Comprehensive Cancer Center | Iowa City, IA | $1,400,000 | 1 | 1 | 2022 |
| Icahn School of Medicine at Mount Sinai | New York, NY | $1,400,000 | 2 | 2 | 2023 |
| Mays Cancer Center at Ut Health San Antonio | San Antonio, TX | $1,400,000 | 1 | 1 | 2023 |
| The University of Alabama at Birmingham | Birmingham, AL | $1,400,000 | 2 | 2 | 2023 |
| University of Kentucky Research Foundation | Lexington, KY | $1,400,000 | 2 | 2 | 2022 |
| The Board of Trustees of the Leland Stanford Junior University | Stanford, CA | $1,345,000 | 3 | 2 | 2022 |
| Wake Forest University Health Sciences | Winstonsalem, NC | $1,330,000 | 4 | 4 | 2023 |
| University of Southern California | Los Angeles, CA | $1,250,000 | 3 | 3 | 2023 |
| Salk Institute for Biological Studies | La Jolla, CA | $1,200,000 | 1 | 1 | 2022 |
| The Wistar Institute of Anatomy and Biology | Philadelphia, PA | $1,200,000 | 1 | 1 | 2023 |
| UC Davis Comprehensive Cancer Center | Sacramento, CA | $1,200,000 | 2 | 2 | 2021 |
| Vanderbilt University | Nashville, TN | $1,200,000 | 2 | 2 | 2021 |
| Childrens Hospital Medical Center | Cincinnati, OH | $1,000,000 | 3 | 3 | 2023 |
| Mass General Brigham Incorporated | Somerville, MA | $1,000,000 | 2 | 2 | 2023 |
| Mayo Clinic Group Return | Rochester, MN | $1,000,000 | 1 | 1 | 2022 |
| Trustees of Dartmouth College | Hanover, NH | $1,000,000 | 2 | 2 | 2022 |
| University of Colorado Cancer Center | Denver, CO | $900,000 | 1 | 1 | 2020 |
| Vcu Massey Cancer Center | Richmond, VA | $863,000 | 3 | 3 | 2023 |
| University of Florida | Gainesville, FL | $850,000 | 1 | 1 | 2021 |
| Colorado State University College of Veterinary Medicine | Fort Collins, CO | $800,000 | 1 | 1 | 2022 |
| Jackson Laboratory | Bar Harbor, ME | $800,000 | 2 | 2 | 2023 |
| Nationwide Childrens Hospital Inc | Columbus, OH | $800,000 | 2 | 2 | 2021 |
| Regents of the University of California at Irvine | Irvine, CA | $800,000 | 2 | 2 | 2022 |
| Roswell Park Alliance Foundation | Buffalo, NY | $800,000 | 1 | 1 | 2023 |
| The Cleveland Clinic Foundation | Independence, OH | $800,000 | 2 | 2 | 2022 |
| The University of New Mexico Cancer Research and Treatment Center | Albuquerque, NM | $800,000 | 1 | 1 | 2022 |
| University of Maryland Marlene and Stewart Greenebaum Comprehensive Cancer | Baltimore, MD | $600,000 | 1 | 1 | 2023 |
| University of Minnesota Foundation | Minneapolis, MN | $600,000 | 1 | 1 | 2020 |
| Vanderbilt University Medical Center | Nashville, TN | $600,000 | 1 | 1 | 2023 |
| H Lee Moffitt Cancer Center and Research Institute Inc | Tampa, FL | $592,951 | 3 | 3 | 2022 |
| Cancer Research Institute Inc | New York, NY | $500,000 | 1 | 1 | 2020 |
| Institute for Cancer Research | Philadelphia, PA | $408,082 | 2 | 2 | 2021 |
| Sanford Burnham Prebys Medical Discovery Institute | La Jolla, CA | $400,000 | 1 | 1 | 2021 |
| The Ohio State University | Columbus, OH | $400,000 | 1 | 1 | 2021 |
| Yale University | New Haven, CT | $400,000 | 1 | 1 | 2021 |
| Childrens Hospital Pittsburgh Foundation | Pittsburgh, PA | $351,531 | 3 | 3 | 2023 |
| Nc State University College of Veterinary Medicine | Raleigh, NC | $350,000 | 1 | 1 | 2023 |
| Rector & Visitors of the University of Virginia | Charlottesvle, VA | $263,000 | 3 | 3 | 2023 |
| Case Western Reserve University | Cleveland, OH | $200,000 | 1 | 1 | 2020 |
| Masonic Cancer Center Fund Inc | Bloomington, MN | $200,000 | 1 | 1 | 2020 |
| Mayo Clinic | Rochester, MN | $200,000 | 1 | 1 | 2020 |
| Phi Chi Medical Fraternity Inc | Charleston, SC | $200,000 | 1 | 1 | 2021 |
| University of Hawaii Cancer Research Center | Honolulu, HI | $200,000 | 1 | 1 | 2021 |
| University of Pittsburgh | Pittsburgh, PA | $200,000 | 1 | 1 | 2021 |
| Baptist Health South Florida Foundation Inc | Coral Gables, FL | $180,143 | 2 | 2 | 2022 |
| Sibley Memorial Hospital Foundation | Washington, DC | $110,000 | 1 | 1 | 2023 |
| The Medical College of Wisconsin Inc | Milwaukee, WI | $105,406 | 1 | 1 | 2021 |
| Case Western University | Cleveland, OH | $80,689 | 1 | 1 | 2020 |
| Ochsner Clinic Foundation | New Orleans, LA | $19,031 | 1 | 1 | 2020 |
| Arizona Cancer Center | Tucson, AZ | $18,500 | 1 | 1 | 2020 |
| The University of Texas at Austin | Austin, TX | $6,681 | 1 | 1 | 2022 |
56 of 87 (64%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What kind of organizations it funds
By each recipient's own IRS classification, for the 58 of 87 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2020 | 49 | $21.9M | $275,000 |
| 2021 | 59 | $26.5M | $345,000 |
| 2022 | 50 | $42.2M | $800,000 |
| 2023 | 45 | $42.6M | $800,000 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
14% of its giving went to organizations in New York. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
Down to the city
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Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $600,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in New York.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
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Where these numbers come from
Everything above is taken from The V Foundation's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2020-2023). Nothing here is scraped, inferred or estimated.
On its most recent return it told the IRS it made grants to 45 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 14600 Weston Parkway, Cary, NC, 27513.
EIN 13-3705951 · See the original filings on ProPublica · How we build this
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