"The 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 V Foundation performs these dual roles through advocacy, education, fundraising,
and philanthropy."
The V Foundation
Jim Valvano was a successful basketball coach and an award winning television commentator who was
diagnosed with terminal cancer in 1992. In January of 1993, ESPN offered their support in establishing
a foundation that would fund cancer research. Upon receiving the Arthur Ashe Courage and Humanitarian
Award at the inaugural ESPY Awards show in March of that year, Jim announced that ESPN was creating
The V Foundation for Cancer Research. The organization inspired by Jim Valvano's courageous battle with
cancer would operate with his motto: "Don't give up… Don't ever give up!"
Although Jim Valvano lost his battle with cancer on April 28, 1993, he had already set his dream of
finding a cure for cancer into motion. Today, with the help of a nationwide network of volunteers, event
planners, individual donors, and corporate sponsors, The V Foundation is active in all aspects of
fundraising. National and local events, annual and major gift solicitations, planned giving and cause
related marketing efforts all contribute to The Foundation's cause of funding cancer research. These
efforts have raised more than $27 million, with 85 cents of all revenue designated for cancer research.
This operating efficiency has allowed The V Foundation to award more than 170 grants to fund cancer
research and research facilities nationwide.
Members of The V Foundation's all-volunteer Board of Directors and Scientific Review Committee also
generously donate time, talent, recourses, and energy in support of The V Foundation's mission. These
committed individuals from the world of business, medicine, sports, and entertainment share one common
goal: to defeat cancer.
Jim Valvano knew that the Foundation could not save his life, but he hoped that "it could save my
children's lives, or someone that you love." His dream of a cure is shared by millions.
Where does the money go?
The V Foundation seeks out promising young scientists from the finest research facilities across the
country who need early developmental, critical-stage grant support. These V Scholars are the backbone
of our research team. Additionally, the Translational-Clinical Grant Program advances research further,
preparing to take it from the laboratories, and bridge into clinics and the hands of doctors treating
patients. Finally, the Designated Grant Program aims specific monies toward specialized cancer interests,
or perhaps to a precise geographical area, often the same as where the funding was generated.
What does the future bring?
Research to improve quality of life, extend remission, and bring undiminished hope to the lives of cancer
survivors. We must continue to fund essential research that will ultimately identify the causes and develop
the cures to eliminate this disease.
< Back to the Main Menu