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    3. Commonwealth Foundation for Cancer Research

    Commonwealth Foundation for Cancer Research

    ActivePublic CharityMedical Research
    RICHMOND, VAEIN: 04-36321013 filings on record
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    About Commonwealth Foundation for Cancer Research

    The Commonwealth Foundation for Cancer Research is a highly concentrated biomedical funder that specializes in supporting translational and clinical cancer research. It directs very large, repeated awards to elite cancer centers and a state-based multi-institutional consortium to accelerate drug discovery, clinical trials, and investigator-led translational programs. While most dollars flow to national research institutions, the foundation also makes modest local/unrestricted community grants in Virginia. Its portfolio emphasizes accelerating the pipeline from discovery to patient care rather than general charitable services.

    Focus Areas

    Multi-institutional cancer research consortium funding (Virginia-focused Commonwealth Cancer Consortium)Support for translational drug discovery and developmental therapeutics (big awards to MSK, MIT Koch)Funding of clinical trials and patient-focused clinical research at major cancer centers (MD Anderson, Dana-Farber, Massey)Investigator and clinician support to advance cancer science and capacity building at academic cancer centers (Sidney Kimmel, institutional investigator support)Small-scale local/unrestricted community support in Virginia (The Community Foundation)

    Who They Fund

    About Commonwealth Foundation for Cancer Research

    Commonwealth Foundation for Cancer Research is defined by very large, repeated support for a Virginia-based multi-institutional cancer consortium and for major cancer centers working on translational and clinical research. Its largest recent awards have gone to Commonwealth Cancer Consortium Inc. in Sherborn, Massachusetts, with three grants above $25 million across 2023, 2024, and 2025 for multi-institutional research in cancer indications. That pattern signals a funder focused on coordinated research infrastructure rather than scattered one-off gifts. The foundation also backs national centers that move discoveries toward patient care. Sidney Kimmel Comprehensive Cancer Center in Baltimore received multiple $8 million awards for researchers and clinicians advancing cancer science, while Memorial Sloan-Kettering Cancer Center in New York received multi-million-dollar support for drug discovery and developmental research against cancer. MD Anderson Cancer Center in Houston appears repeatedly as well, with grants tied to improving care for patients with cancer. The portfolio includes smaller Virginia awards for clinical trials and unrestricted community support, showing that most of the foundation’s activity is concentrated in biomedical research while retaining a local presence in Richmond and Charlottesville.

    What Commonwealth Foundation for Cancer Research Funds

    A central theme is multi-institutional cancer research. Commonwealth Cancer Consortium Inc. received $28,517,000 in 2024 and $27,110,000 in 2025 for support for multi-institutional research in cancer indications, underscoring the foundation’s preference for coordinated research structures. Translational and developmental science is another clear priority. Memorial Sloan-Kettering Cancer Center received $8,000,000 in 2025 and $7,000,000 in 2023 for progress in drug discovery and developmental research against cancer. The foundation also funds clinical research and patient-centered care. MD Anderson Cancer Center received $7,500,000 in 2024 and $7,500,000 in 2025 to support progress in improving care for patients with cancer, and Massey Cancer Center received $242,186 in 2025 for clinical trials in cancer research. Technology and discovery capacity appear in the support for Massachusetts Institute of Technology-Koch Institute for Cancer Research, which received $2,500,000 in 2025 to advance discoveries and new technologies in cancer research.

    How Commonwealth Foundation for Cancer Research Gives

    Financial Snapshot

    Annual Giving

    $55.9M

    Total Assets

    $50.9M

    Total Revenue

    $25M

    Total Expenses

    $56M

    Typical Grant Size

    Most grants fall between $2.2M and $7.8M, with a median of $2.5M.

    25th Percentile

    $2.2M

    Median

    $2.5M

    75th Percentile

    $7.8M

    Geographic Reach

    National5 states funded

    About 20% of grants go to recipients in MA.

    Funding intensity
    Low
    High
    Headquarters

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    researchers and clinicians (oncology)multi-institutional research teams and consortiacancer patients / clinical trial participants

    Giving Approach

    Highly concentrated: a small number of very large, repeated grants to a handful of elite cancer centers and a flagship state consortium, focused on multi-year, programmatic support for translational research and clinical trials; occasional small, unrestricted local grants.

    Funding Style

    multi-institutional collaboration fundingdirect research funding (clinical & translational)support for clinical trialsunrestricted support

    Notable grantees: Commonwealth Cancer Consortium Inc, Sidney Kimmel Comprehensive Cancer Center, Memorial Sloan-Kettering Cancer Center, MD Anderson Cancer Center, Dana-Farber Cancer Institute

    Topics

    cancer drug discovery and developmenttranslational research / bench-to-bedsideclinical trials infrastructure and executiondevelopment and deployment of new cancer research technologiesimproving clinical care and patient outcomes in oncology

    Typical grants are large: the 25th percentile is $2,187,500, the median is $2,500,000, and the 75th percentile is $7,750,000. The recent record shows repeated awards to the same institutions across multiple years, especially Commonwealth Cancer Consortium Inc., Sidney Kimmel Comprehensive Cancer Center, MD Anderson Cancer Center, Memorial Sloan-Kettering Cancer Center, Massachusetts Institute of Technology-Koch Institute for Cancer Research, Dana-Farber Cancer Institute Inc, and The Community Foundation. That pattern points to sustained, institutional funding rather than episodic small grants. The foundation is a public charity and does not fund individuals or make program-related investments.

    Where Commonwealth Foundation for Cancer Research Makes Grants

    Although headquarters are in Richmond, grants reach institutions across the United States, with Massachusetts appearing most often by grant count. Recent recipients include Sherborn and Brookline in Massachusetts, Baltimore in Maryland, New York in New York, Houston in Texas, Cambridge in Massachusetts, Richmond and Charlottesville in Virginia. Virginia recipients account for 20% of grants, while the overall scope is national. All recent grants in the file went to U.S. recipients.

    Frequently Asked Questions About Commonwealth Foundation for Cancer Research

    What does Commonwealth Foundation for Cancer Research mainly fund?

    It focuses on cancer research, especially translational and clinical work. Recent grants support multi-institutional cancer research, drug discovery and developmental research, clinical studies, clinical trials, and efforts to improve patient care in oncology.

    Who are some of the foundation’s recurring grantees?

    Commonwealth Cancer Consortium Inc., Sidney Kimmel Comprehensive Cancer Center, MD Anderson Cancer Center, Memorial Sloan-Kettering Cancer Center, Massachusetts Institute of Technology-Koch Institute for Cancer Research, Dana-Farber Cancer Institute Inc, and The Community Foundation each appear multiple times in the recent grants list.

    What is the typical grant size?

    The foundation’s recent grant sizes are large: the 25th percentile is $2,187,500, the median is $2,500,000, and the 75th percentile is $7,750,000. Several awards are far above that range, including consortium funding above $25 million.

    Where does the foundation give most often?

    Massachusetts is the top state by grant count. Recent Massachusetts recipients include Sherborn, Brookline, and Cambridge, while Virginia recipients make up 20% of grants and the foundation’s headquarters are in Richmond, Virginia.

    Does it fund individuals or make program-related investments?

    No. The foundation is listed as a public charity, funds individuals is false, and makes program-related investments is false.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    COMMONWEALTH CANCER CONSORTIUM INCSHERBORN, MA$27,110,0002025SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS
    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTERBALTIMORE, MD$8,000,0002025SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE
    MEMORIAL SLOAN-KETTERING CANCER CENTERNEW YORK, NY$8,000,0002025SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER
    MD ANDERSON CANCER CENTERHOUSTON, TX$7,500,0002025SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER
    DANA-FARBER CANCER INSTITUTE INCBROOKLINE, MA$2,500,0002025SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCHCAMBRIDGE, MA$2,500,0002025SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    MASSEY CANCER CENTERRICHMOND, VA$242,1862025SUPPORT FOR CLINICAL TRIALS IN CANCER RESEARCH
    THE COMMUNITY FOUNDATIONRICHMOND, VA$57,4502025UNRESTRICTED SUPPORT
    COMMONWEALTH CANCER CONSORTIUM INCSHERBORN, MA$28,517,0002024SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS
    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTERBALTIMORE, MD$8,000,0002024SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE
    MD ANDERSON CANCER CENTERHOUSTON, TX$7,500,0002024SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER
    MEMORIAL SLOAN-KETTERING CANCER CENTERNEW YORK, NY$6,000,0002024SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCHCAMBRIDGE, MA$2,500,0002024SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    DANA-FARBER CANCER INSTITUTE INCBROOKLINE, MA$2,500,0002024SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    THE COMMUNITY FOUNDATIONRICHMOND, VA$57,4502024UNRESTRICTED SUPPORT
    UNIVERSITY OF VIRGINIA RECTOR & VISITORSCHARLOTTESVILLE, VA$6,6402024SUPPORT FOR CLINICAL TRIALS IN CANCER RESEARCH
    COMMONWEALTH CANCER CONSORTIUM INCSHERBORN, MA$25,596,0742023SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS
    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTERBALTIMORE, MD$8,000,0002023SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE
    MEMORIAL SLOAN-KETTERING CANCER CENTERNEW YORK, NY$7,000,0002023SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCHCAMBRIDGE, MA$2,500,0002023SUPPORT FOR CLINCIAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    DANA-FARBER CANCER INSTITUTE INCBROOKLINE, MA$2,500,0002023SUPPORT FOR CLINCIAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH
    MD ANDERSON CANCER CENTERHOUSTON, TX$1,875,0002023SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER
    THE COMMUNITY FOUNDATIONRICHMOND, VA$50,0002023UNRESTRICTED SUPPORT

    COMMONWEALTH CANCER CONSORTIUM INC

    $27,110,000
    SHERBORN, MA2025

    SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS

    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTER

    $8,000,000
    BALTIMORE, MD2025

    SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE

    MEMORIAL SLOAN-KETTERING CANCER CENTER

    $8,000,000
    NEW YORK, NY2025

    SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER

    MD ANDERSON CANCER CENTER

    $7,500,000
    HOUSTON, TX2025

    SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER

    DANA-FARBER CANCER INSTITUTE INC

    $2,500,000
    BROOKLINE, MA2025

    SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCH

    $2,500,000
    CAMBRIDGE, MA2025

    SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    MASSEY CANCER CENTER

    $242,186
    RICHMOND, VA2025

    SUPPORT FOR CLINICAL TRIALS IN CANCER RESEARCH

    THE COMMUNITY FOUNDATION

    $57,450
    RICHMOND, VA2025

    UNRESTRICTED SUPPORT

    COMMONWEALTH CANCER CONSORTIUM INC

    $28,517,000
    SHERBORN, MA2024

    SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS

    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTER

    $8,000,000
    BALTIMORE, MD2024

    SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE

    MD ANDERSON CANCER CENTER

    $7,500,000
    HOUSTON, TX2024

    SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER

    MEMORIAL SLOAN-KETTERING CANCER CENTER

    $6,000,000
    NEW YORK, NY2024

    SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER

    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCH

    $2,500,000
    CAMBRIDGE, MA2024

    SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    DANA-FARBER CANCER INSTITUTE INC

    $2,500,000
    BROOKLINE, MA2024

    SUPPORT FOR CLINICAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    THE COMMUNITY FOUNDATION

    $57,450
    RICHMOND, VA2024

    UNRESTRICTED SUPPORT

    UNIVERSITY OF VIRGINIA RECTOR & VISITORS

    $6,640
    CHARLOTTESVILLE, VA2024

    SUPPORT FOR CLINICAL TRIALS IN CANCER RESEARCH

    COMMONWEALTH CANCER CONSORTIUM INC

    $25,596,074
    SHERBORN, MA2023

    SUPPORT FOR MULTI-INSTITUTIONAL RESEARCH IN CANCER INDICATIONS

    SIDNEY KIMMEL COMPREHENSIVE CANCER CENTER

    $8,000,000
    BALTIMORE, MD2023

    SUPPORT FOR RESEARCHERS AND CLINCIANS TO ADVANCE THE STATE OF CANCER SCIENCE

    MEMORIAL SLOAN-KETTERING CANCER CENTER

    $7,000,000
    NEW YORK, NY2023

    SUPPORT PROGRESS IN DRUG DISCOVERY AND DEVELOPMENTAL RESEARCH AGAINST CANCER

    MASSACHUSETTS INSTITUTE OF TECHNOLOGY-KOCH INSTITUTE FOR CANCER RESEARCH

    $2,500,000
    CAMBRIDGE, MA2023

    SUPPORT FOR CLINCIAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    DANA-FARBER CANCER INSTITUTE INC

    $2,500,000
    BROOKLINE, MA2023

    SUPPORT FOR CLINCIAL STUDIES AND TO ADVANCE DISCOVERIES AND NEW TECHNOLOGIES IN CANCER RESEARCH

    MD ANDERSON CANCER CENTER

    $1,875,000
    HOUSTON, TX2023

    SUPPORT PROGRESS IN IMPROVING CARE FOR OUR PATIENTS WITH CANCER

    THE COMMUNITY FOUNDATION

    $50,000
    RICHMOND, VA2023

    UNRESTRICTED SUPPORT