Commonwealth Foundation for Cancer

RICHMOND, VA EIN: 04-3632101

TO PROVIDE FUNDING FOR CANCER RESEARCH

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$50.9M

-37.8% YoY

Annual Giving

$55.9M

+1.5% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$7.0M

+1.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28M$56M$84M$113M20202021202220232024
Metric202420232022
Total Assets$50,949,327$81,899,492$34,835,660
Revenue$25,046,690$102,323,363$50,354,014
Expenses$55,998,011$55,264,302$47,600,088
Qualifying Distributions
Net Investment Income$4,205,194$40,921,074$2,639,130
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14M$28M$42M$56M8 grants20208 grants20217 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

COMMONWEALTH CANCER CONS…$27.1MMEMORIAL SLOAN-KETTERING…$8.0MSIDNEY KIMMEL COMPREHENS…$8.0MMD ANDERSON CANCER CENTER$7.5MDANA-FARBER CANCER INSTI…$2.5MMASSACHUSETTS INSTITUTE …$2.5MMASSEY CANCER CENTER$242KTHE COMMUNITY FOUNDATION$57K

Grant Size Distribution

39 grants across all recorded years

1<$50K5$50–100K1$100–250K3$250–500K$500K–1M14$1–5M15$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Commonwealth Foundation for Cancer fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JOHN SHERMAN JRDIRECTOR, SECRETARY$15KWAYNE L HUNTERDIRECTOR, TREASURER$13K

From 2024 filing

NameTitleHoursCompensation
WILLIAM H GOODWIN JRDIRECTOR, PRESIDENT0.5
ALICE T GOODWINDIRECTOR0.5
WAYNE L HUNTERDIRECTOR, TREASURER0.5$12,500
JOHN SHERMAN JRDIRECTOR, SECRETARY0.5$15,000
JAMES A JONESTAX OFFICER0.5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

BaltimoreBrooklineCambridgeCharlottesvilleHoustonNew YorkRichmondSherborn

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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