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FY 2025 Annual Report Highlights

July 1, 2024 – June 30, 2025

Download FY 2025 Annual Report download

Fiscal Year 2025 Financial Summary 

This section includes the endowment’s administrative expenses and provides an assessment of the availability of funding for cancer research, prevention, and care from sources other than the endowment (per RCW 43.348.050(5)).  

From its inception, the Washington State Legislature has consistently invested in CARE Fund, including a one-time $30 million appropriation in FY 2023 to further accelerate cancer research across the state.

The CARE Board continues to expand grantmaking in response to emerging needs and strategic opportunities, introducing new funding categories and supporting a broad pool of applicants statewide.

Grants and Other Investments Made to Cost of Program Administration and Washington State Department of Commerce (Unaudited)

Fiscal Year 2025

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$11,393,029

Grants and Other Investments Made for Cancer Research

$1,968,347

Program Administration and Operations Costs, Including Operations, Investment Management, Peer Review Services and Program Administration

$355,068

Additional Funding from Sources Others than the Endowment

$175,140

Funds Retained by Washington State Department of Commerce, for Contract Administration, Program Performance Audit, and Assistant Attorney General Costs

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