The V Foundation is a nonprofit organization dedicated to funding cancer research. Founded in 1993 by Jim Valvano, a former college basketball coach and cancer patient, the foundation aims to accelerate the discovery of new treatments and cures for cancer. It raises money through various events, including the annual Jimmy V Classic, which features college basketball games. The foundation is known for its commitment to ensuring that 100% of donations go directly to cancer research. It awards grants to researchers and institutions working on innovative projects, fostering collaboration and progress in the fight against cancer.