2013-02-14T07:36:43-06:00 2012-09-30 561304727 BLACKMAN & SLOOP CPAS PA 1414 RALEIGH RD SUITE 300 CHAPEL HILL NC 27517 990 2011-10-01 133705951 THE V FOUNDATION VFOU 9193809505 106 TOWERVIEW COURT CARY NC 27513 SUSAN BRAUN 9193809505 2013-02-13 1 ROBIN MCDUFFIE P00098611 9199428700 2011 2016-02-25 16:41:14Z SUSAN BRAUN 106 TOWERVIEW COURT CARY NC 27513 29842600 0 X WWW.JIMMYV.ORG X 1993 NC CHARITABLE & EDUCATIONAL 35 34 14 300 0 0 13004392 16211260 0 0 1537356 860995 524673 143917 15066421 17216172 12186491 14613141 0 0 1163548 1259578 0 0 769753 1065144 1159588 14415183 17032307 651238 183865 34651145 36782510 19585284 20398712 15065861 16383798 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 15537637 14613141 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. 15537637 1 1 0 0 0 0 0 0 0 1 1 1 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 0 1 3 0 1 14 1 0 0 0 0 0 1 1 0 0 X 35 34 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN BRAUN 9193809505 106 TOWERVIEW COURT CARY NC 27513 NICHOLAS VALVANO 40.00 X X 174275 0 37397 PAMELA VALVANO STASSER 1.00 X X 0 0 0 ROBERT LLOYD 1.00 X X 0 0 0 HARRY RHOADS JR 1.00 X X 0 0 0 JULIE ALLEGRO-CONSTANTIN 1.00 X 0 0 0 ROBERT BAST JR 1.00 X 0 0 0 GEORGE BODENHEIMER 1.00 X 0 0 0 STEVEN BORNSTEIN 1.00 X 0 0 0 BILL COSBY 1.00 X 0 0 0 GEORGE DENNIS III 1.00 X 0 0 0 DAVID FAY 1.00 X 0 0 0 ROSA GATTI 1.00 X 0 0 0 PHILIP KNIGHT 1.00 X 0 0 0 MICHAEL KRZYZEWSKI 1.00 X 0 0 0 CARL LIEBERT III 1.00 X 0 0 0 FJ JOE LOUGHREY 1.00 X 0 0 0 MICHAEL MAC DONALD 1.00 X 0 0 0 MICHAEL MARKS 1.00 X 0 0 0 GEOFFREY MASON 1.00 X 0 0 0 JOSEPH MOORE 1.00 X 0 0 0 ROBERT NAKASONE 1.00 X 0 0 0 DONNA ORENDER 1.00 X 0 0 0 LAWRENCE PROBST III 1.00 X 0 0 0 ROBIN ROBERTS 1.00 X 0 0 0 JOHN SAUNDERS 1.00 X 0 0 0 CONSTANCE SKIDMORE 1.00 X 0 0 0 TONY SMITH 1.00 X 0 0 0 ROBERT VALVANO 1.00 X 0 0 0 LESLEY VISSER 1.00 X 0 0 0 DICK VITALE 1.00 X 0 0 0 RC BUCKY WATERS 1.00 X 0 0 0 ROBERT WAYMAN 1.00 X 0 0 0 DERECK WHITTENBURG 1.00 X 0 0 0 DAVID WILLIAMS 1.00 X 0 0 0 SUSAN BRAUN 40.00 X 0 0 0 JEFFERSON PARKER 40.00 X 103388 0 22228 JOHN LESHNEY 40.00 X 156058 0 28819 LARRY LANE 40.00 X 126000 0 24367 JOYCE ASCHENBRENNER 40.00 X 126636 0 8178 686357 0 120989 5 1 1 0 MERRILL LYNCH 3775 VIA NONA MARIE 3RD FLOOR CARMEL CA 93922 INVESTMENT MANAGEMENT 177838 1 3453746 2363133 10394381 201630 16211260 461627 461627 11289163 10889795 399368 399368 399368 2110550 3453746 1736633 373917 373917 LOSS FROM BAD DEBTS 900099 -230000 -230000 -230000 17216172 -230000 0 1234912 14613141 14613141 807345 297749 227106 282490 287971 106204 81006 100761 102578 37831 28855 35892 61684 22749 17352 21583 177838 177838 160689 59262 45202 56225 63423 23390 17841 22192 76879 28353 21626 26900 105311 38839 29624 36848 118034 43531 33203 41300 114696 42300 32264 40132 4874 1798 1371 1705 11806 4354 3321 4131 SUPPORTING ORGANIZATION 207245 207245 BANK SERVICE CHARGES 96715 4303 3282 89130 MISCELLANEOUS 15189 5601 4274 5314 OTHER FUNDRAISING EXPEN 4214 4214 2675 987 752 936 17032307 15537637 724917 769753 12449215 5284061 1397507 6129634 2814864 4191806 86000 55500 35892 56406 109627 71450 7502 38177 17860165 21026926 34651145 36782510 34664 39134 19550620 20332228 0 27350 19585284 20398712 X -2770420 -3207040 4533875 3834726 13302406 15756112 15065861 16383798 34651145 36782510 X 183865 1134072 X X 0 1 1 X 0 X 12401317 10114129 10176526 12910972 16238935 61841879 12401317 10114129 10176526 12910972 16238935 61841879 182176 61659703 385679 466032 369272 458093 461627 2140703 63982582 0.96370 0.89510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19257672 1248468 1983638 741333 177838 21570607 20007256 948986 -116694 1397265 184611 19257672 18555062 1413383 1826001 1631035 156155 20007256 16585351 989463 980248 18555062 0.59680 0.40320 0 0 68499 38038 30461 41128 33412 7716 38177 75000 C PUBLICLY TRADED SECURITIES 19434899 F ALTERNATIVE INVESTMENTS 1517027 F 21026926 LEASE PAYABLE 27350 27350 17216172 17032307 183865 1134072 1134072 1317937 18580244 1134072 1134072 17446172 -230000 -230000 17216172 17262307 230000 230000 17032307 0 17032307 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH ASC 740, ACCOUNTING FOR INCOME TAXES, THE FOUNDATION REFLECTS IN THE FINANCIAL STATEMENTS THE BENEFIT OF POSITIONS TAKEN IN A PREVIOUSLY FILED TAX RETURN OR EXPECTED TO BE TAKEN IN A FUTURE TAX RETURN ONLY WHEN IT IS CONSIDERED 'MORE-LIKELY-THAN-NOT' THAT THE POSITION TAKEN WILL BE SUSTAINED BY A TAXING AUTHORITY. THE FOUNDATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING PROVISIONS OF ASC 450, CONTINGENCIES. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. IF APPLICABLE, PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED AS EXPENSES IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. UNDER THE STATUTE OF LIMITATIONS, THE FEDERAL INFORMATIONAL RETURNS OF THE FOUNDATION FOR 2008 THROUGH 2010, ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT EVALUATED TAX POSITIONS FOR THE 2008 THROUGH 2010 RETURNS, AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AND BELIEVES THERE IS NO INCOME TAX EFFECT ON THE FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS FROM BAD DEBTS -230,000. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS FROM BAD DEBTS 230,000. DICK VITALE GALA 2255024 2045024 210000 50203 161129 35418 167212 ESPN GOLF EVENT 2201189 1173967 1027222 1140748 3 270374 234755 35619 8969 102838 77953 4726587 3453746 1272841 59172 263967 35418 1385913 1744470 -471629 1 ALL CHILDREN'S HOSPITAL FOUNDATION PO BOX 3142 ST PETERSBURG FL 337313142 592481738 501 C (3) 1500000 CANCER RESEARCH BETH ISRAEL DEACONESS MEDICAL CENTER 330 BROOKLINE AVE BOSTON MA 02215 042103881 501 C (3) 600000 CANCER RESEARCH CANCER INSTITUTE OF NEW JERSEY 195 LITTLE ALBANY STREET NEW BRUNSWICK NJ 089032681 202959012 501 C (3) 50000 CANCER RESEARCH CHILDREN'S HOSPITAL OF LOS ANGELES 4650 SUNSET BLVD MS 97 LOS ANGELES CA 900276062 951690977 501 C (3) 600000 CANCER RESEARCH CLEVELAND CLINIC LERNER COLLEGE OF MEDICINE 9500 EUCLID AVENUE CLEVELAND OH 44195 340714585 501 C (3) 200000 CANCER RESEARCH COLD SPRING HARBOR LABORATORY PO BOX 100 ONE BUNGTOWN ROAD COLD SPRING HARBOR NY 11724 112013303 501 C (3) 200000 CANCER RESEARCH COLORADO UNIVERSITY FOUNDATION 4740 WALNUT STREET BOULDER CO 80301 846049811 501 C (3) 100000 CANCER RESEARCH CONNECTICUT CHILDREN'S MEDICAL CENTER 282 WASHINGTON STREET HARTFORD CT 06106 222619869 501 C (3) 100000 CANCER RESEARCH DANA-FARBER CANCER INSTITUTE MANAGER RESEARCH ACCOUNTING DANA FARBER CANCER INSTITUTE BOSTON MA 02115 042263040 501 C (3) 600000 CANCER RESEARCH DUKE CANCER INSTITUTE 10 BRYAN SEARLE DRIVE DURHAM NC 27710 560532129 501 C (3) 600000 CANCER RESEARCH DUKE UNIVERSITY MEDICAL CENTER 2301 ERWIN ROAD DURHAM NC 27705 560532129 501 C (3) 1200000 CANCER RESEARCH HOLLINGS CANCER CENTER 86 JONATHAN LUCAS STREET CHARLESTON SC 29425 576000722 501 C (3) 200000 CANCER RESEARCH HUNTSMAN CANCER INSTITUTE 2000 CIRCLE OF HOPE DRIVE SALT LAKE CITY UT 84112 876000525 501 C (3) 200000 CANCER RESEARCH KECK SCHOOL OF MEDICINE 1975 ZONAL AVENUE LOS ANGELES CA 90089 951642394 501 C (3) 200000 CANCER RESEARCH KNIGHT CANCER INSTITUTE 3181 SW SAM JACKSON PARK ROAD PORTLAND OR 97239 931176109 501 C (3) 200000 CANCER RESEARCH MD ANDERSON CANCER CENTER 1515 HOLCOMBE BOULEVARD HOUSTON TX 77030 746000203 501 C (3) 1015000 CANCER RESEARCH MASONIC CANCER CENTER 425 EAST RIVER PARKWAY MINNEAPOLIS MN 55455 416007513 501 C (3) 200000 CANCER RESEARCH MASSACHUSETTS GENERAL HOSPITAL CANCER CENTER 55 FRUIT STREET BOSTON MA 02114 042697983 501 C (3) 500000 CANCER RESEARCH MOFFITT CANCER CENTER FOUNDATION 12902 USF MAGNOLIA DRIVE TAMPA FL 33612 593238636 501 C (3) 500000 CANCER RESEARCH ROBERT H LURIE COMPREHENSIVE CANCER CENTER 676 NORTH ST CLAIR SUITE 1200 CHICAGO IL 60611 362167817 501 C (3) 200000 CANCER RESEARCH SITEMAN CANCER CENTER SITEMAN CANCER CENTER 660 S EUCLID AVE ST LOUIS MO 63110 430653611 501 C (3) 250000 CANCER RESEARCH ST HELENA HOSPITAL FOUNDATION PO BOX 250 DEER PARK CA 94576 201384250 501 C (3) 16000 CANCER RESEARCH ST JUDE CHILDREN'S RESEARCH HOSPITAL 262 DANNY THOMAS PLACE MEMPHIS TN 38105 620646012 501 C (3) 800000 CANCER RESEARCH STANFORD CANCER INSTITUTE 875 BLAKE WILBUR DRIVE STANFORD CA 94305 941156365 501 C (3) 200000 CANCER RESEARCH STANFORD UNIVERSITY 450 SERRA MALL STANFORD CA 94305 941156365 501 C (3) 828950 CANCER RESEARCH THE WISTAR INSTITUTE THE WISTAR INSTITUTE 3601 SPRUCE STREET PHILADELPHIA PA 19104 236434390 501 C (3) 200000 CANCER RESEARCH TUFTS MEDICAL CENTER 800 WASHINGTON STREET BOSTON MA 02111 043400617 501 C (3) 600000 CANCER RESEARCH UCSF HELEN DILLER FAMILY COMPREHENSIVE CANCER CENTER UCSF-CONTROLLERS OFFICE 1855 FOLSOM STREET MSB SAN FRANCISCO CA 94103 946036493 501 C (3) 200000 CANCER RESEARCH UNC LINEBERGER COMPREHENSIVE CANCER CENTER CAMPUS BOX 7295 CHAPEL HILL NC 275997295 566001393 501 C (3) 730000 CANCER RESEARCH UNIVERSITY OF CHICAGE COMPREHENSIVE CANCER INSTITUTE 5841 SOUTH MARYLAND AVENUE CHICAGO IL 60637 362177139 501 C (3) 200000 CANCER RESEARCH UNIVERSITY OF HAWAII CANCER CENTER 677 ALA MOANA BLVD SUITE 901 HONOLULU HI 96813 996000354 501 C (3) 800000 CANCER RESEARCH UNIVERSITY OF MARYLAND BALTIMORE 620 W LEXINGTON ST BALTIMORE MD 21201 526002033 501 C (3) 45000 CANCER RESEARCH UNIVERSITY OF MICHIGAN COMPREHENSIVE CANCER CENTER UM COMPREHENSIVE CANCER CENTER OFFICE OF DEVELOPMENT ANN ARBOR MI 481092800 386006309 501 C (3) 200000 CANCER RESEARCH UNIVERSITY OF MINNESOTA CANCER CENTER 425 EAST RIVER PARKWAY MINNEAPOLIS MN 55455 416007513 501 C (3) 600000 CANCER RESEARCH DISCOUNT ON GRANTS -21809 DISCOUNT 34 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 BY DECEMBER 31ST OF THE FIRST YEAR. THE FOUNDATION ALSO RECEIVES COPIES OF ANY PUBLICATIONS HIGHLIGHTING THE WORK OF V SCHOLAR AND TRANSLATIONAL GRANT RECIPIENTS. X X X X 1 0 0 0 0 0 0 0 0 NICHOLAS VALVANO 174275 0 0 0 0 0 5251 0 32146 0 211672 0 0 0 JOHN LESHNEY 151458 0 4600 0 0 0 4728 0 24091 0 184877 0 0 0 LARRY LANE 125000 0 1000 0 0 0 3780 0 20587 0 150367 0 0 0 JOYCE ASCHENBRENNER 76747 0 1011 0 48878 0 2164 0 6014 0 134814 0 0 0 PART I, LINE 4A JOYCE ASCHENBRENNER RECEIVED $48,878 IN SEVERANCE PAY. X 20 201630 SECURITY FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 NICHOLAS VALVANO, CEO, ROBERT VALVANO, BOARD DIRECTOR, AND PAMELA VALVANO STRASSER, BOARD CHAIRWOMAN, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11 THE VP OF OPERATIONS, CEO, AND TREASURER REVIEW THE FORM 990 IN DETAIL. A DRAFT OF FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,134,072. OVERSIGHT OF AUDIT: FORM 990, PART XII, LINE 2C: THE FOUNDATION'S AUDIT COMMITTEE HAS OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS. CONTEMPORANEOUS DOCUMENTATION OF COMMITTEES: FORM 990, PART VI, SECTION A, LINE 8B: THE FOUNDATION HAS NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD. 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 THE JIMMY V CELEBRITY GOLF CLASSIC C 276653 ACTUAL AMOUNT RECEIVED THE CRUSH FOUNDATION INC WINE CELEBRATION C 1761465 ACTUAL AMOUNT RECEIVED EWING'S RESEARCH FOUNDATION INC C 7283 ACTUAL AMOUNT RECEIVED THE CRUSH FOUNDATION INC WINE CELEBRATION P 268926 AMOUNT OF EXPENSES REIMBURSED THE JIMMY V CELEBRITY GOLF CLASSIC O 38029 AMOUNT OF EXPENSES PAID THE CRUSH FOUNDATION INC WINE CELEBRATION O 7032 AMOUNT OF EXPENSES PAID EWING'S RESEARCH FOUNDATION INC O 37 AMOUNT OF EXPENSES PAID