FY 2025 Annual Report Highlights

July 1, 2024 – June 30, 2025

Download FY 2025 Annual Report

CARE Fund Impact

This section includes the benefits to Washington of CARE Fund’s programs to date (per RCW 43.348.040(5)).

CARE Fund benefits Washington state, its people, and communities through strategic investments in cancer research. Since its inception in 2015, CARE Fund has awarded over $68 million in grants and other investments, supporting a wide range of initiatives that advance scientific discovery, foster collaboration, build workforce capacity, and drive economic growth. The following impact areas highlight key achievements and ongoing efforts to promote cancer research across the state.

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Jobs Created¹

Workforce Development

By the end of FY 2026, an estimated 459 jobs within Washington State will be attributable to economic activity initiated by CARE Fund grants. This growth supports a vibrant workforce in cancer research and related industries, strengthening the state’s position as a leader in life sciences and health innovation.

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Capacity

Improved Health Outcomes

CARE Fund has invested more than $5M in six grants to increase diversity in clinical trials, to conduct cancer clinical trials or to address patients’ barriers to participation.

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Economic Impact²

An independent economic impact analysis found that every $1 in CARE Fund grants generates $1.95 to Washington’s economy, demonstrating CARE Fund’s strong return on investment and its role in fueling economic growth alongside scientific advancement.

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Publications Produce

Increase Generation and Sharing of Research Findings

CARE Fund-supported researchers have contributed extensively to the scientific community, producing more than 500 publications that advance understanding and innovation in cancer research. These publications reflect CARE Fund’s commitment to fostering discovery and disseminating knowledge.

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Grantee Convening

Increase Cross Sector Engagement and Collaboration

CARE Fund hosted its first-ever Grantee Convening, bringing together cancer research teams from academia, nonprofit organizations, and industry. This event fostered collaboration and partnership-building across sectors, strengthening the cancer research community in Washington.

Independent third-party Economic Impact Assessment, Issued June 11, 2024
Independent third-party Economic Impact Assessment, Issued June 11, 2024

To expand its impact for the people of Washington, CARE Fund is proud to be a founding partner of the Cancer Action Plan of Washington.

This statewide coalition, organized by the Washington Department of Health, developed and will monitor Washington’s 5-Year Comprehensive Cancer Plan for 2025-2030.

The Plan aims to address the cancer burden across the state by prioritizing nine key cancer focus areas and tackling cancer-related disparities affecting diverse communities throughout Washington.

“Andy Hill CARE Fund has moved cancer research forward and helped attract top talent to innovate and save lives. Sen. Andy Hill was an influential leader in Washington state, and his legacy lives on through this critical endowment. As the future of federal funding for scientific research continues to be uncertain, Washington will keep investing in lifesaving advancements.”

Andy Hill CARE Fund promotes cancer research and improves health outcomes in Washington.

CARE Fund grants are designed to promote cancer research led by public and private entities conducting cancer research in Washington State.

Annual public reports highlighting grants, research progress, prevention, care initiatives, and future directions in cancer research.