This year, The V Foundation is delighted to award more funds than ever, to a stellar group of grantees. Each represents the potential to save lives.
Cary, NC (PRWEB) November 06, 2014
The V Foundation for Cancer Research, one of the nation’s leading cancer research funding organizations, is pleased to announce the 2014 Translational and V Scholar Grant recipients. The Translational Grant Program supports scientists transforming lab discoveries into clinical applications. The V Scholar program is designed to identify, retain and further the careers of talented young cancer investigators. This year, The V Foundation awarded nearly $15 million in research grants nationwide.
“The promise of cancer research is stronger than ever,” said Susan Braun, CEO of The V Foundation. “This year, The V Foundation is delighted to award more funds than ever, to a stellar group of grantees. Each represents the potential to save lives.”
The V Foundation’s Translational Grant Program continues to bring the benefits of basic-level understandings to the patient bedside more quickly and efficiently. This year, 12 cancer scientists were awarded grants for their research seeking to gain insight from cancer patients in an effort to accelerate medical discoveries. Translational grant recipients will each receive $600,000 over a three-year period.
The V Scholar Program provides funds directly to young scientists who are developing their own independent laboratory research projects. Twenty V Scholar Grants will each receive $200,000 over a two-year period. These grants enable “rising star” scientists to establish their laboratories and gain the competitive edge necessary to earn additional funding. The V Foundation has awarded more than $130 million in research grants that have been leveraged into more than $1 billion in additional funding.
“The V Foundation plays a critical role in accelerating the careers of the most promising young cancer researchers through the V Scholar Program. These young investigators are the best of the best,” said Dr. Robert Bast, Vice President for Translational Research at MD Anderson Cancer Center and member of The V Foundation’s Scientific Advisory Committee. “Through its Translational Research awards, the Foundation sees that some of the most exciting strategies from the laboratory are tested promptly in the clinic where they can improve the outcome for patients with cancer.”
The V Foundation distributes research grants to the most promising scientists nationwide through a competitive process vetted by a Scientific Advisory Committee. The Committee, comprised of the nation’s leading physicians and research scientists from prominent universities and cancer centers, ensures proposals meet the highest standards of scientific merit and that funding is properly allocated.
This announcement coincides with The V Foundation receiving its fourth consecutive 4-star rating from Charity Navigator, America’s largest and most-utilized independent evaluator of charities. Awarding four out of a possible four stars for sound fiscal management as well as commitment to accountability and transparency, Charity Navigator has differentiated The V Foundation from its peers and demonstrates to the public that the Foundation is worthy of their trust. The fourth consecutive 4-star rating places The V Foundation in the top 7% of charities rated by Charity Navigator.
For more information about The V Foundation for Cancer Research, its grant programs and Scientific Advisory Committee, please visit http://www.jimmyv.org.
Editor’s Note: A complete list of all 2014 V Foundation grant recipients can be found at http://www.jimmyv.org/research.
About The V Foundation for Cancer Research
The V Foundation for Cancer Research was founded in 1993 by ESPN and the late Jim Valvano, legendary North Carolina State basketball coach and ESPN commentator. Since 1993, The Foundation has funded more than $130 million in cancer research grants nationwide. It awards 100 percent of all direct cash donations to cancer research and related programs. Due to generous donors, the Foundation has an endowment that covers administrative expenses. The Foundation awards peer-reviewed grants through a competitive awards process vetted by a Scientific Advisory Committee. For more information on The V Foundation or to make a donation, please visit http://www.jimmyv.org.