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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.

459

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.

$5M

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.

195%

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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CARE Fund Grantee Convening

In May 2025 CARE Fund held a Grantee Convening of grantees and their teams, CARE Board and staff, and other stakeholders to foster community connection and collaboration.

$68,022,124

In Total Investments and Grants Awarded to Date

Future Program Directions

This section includes CARE Fund’s future program directions with respect to cancer research, prevention, and care (per RCW 43.348.040(5)).

In FY 2025, the CARE Board launched a new approach to grantmaking, introducing regular grant cycles and new funding categories. These more predictable cycles give applicants additional time to prepare proposals, seek matching funds, and build strong teams and collaborations. The Board remains committed to attracting a wide range of applications from across Washington State.

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2025

2026

January

Scientific Discoveries Research

Seeks to support innovative and meritorious cancer researchers, at all levels, and teams pursuing scientific discoveries and breakthrough ideas in the fight against cancer.

June

Implementation and Outcomes Research

Seeks to support innovative and meritorious cancer researchers, at all levels, and teams seeking to translate promising research and scientific discoveries into effective interventions, tools, devices, technologies, or therapeutics related to cancer.

Board of Directors CARE Fund Staff

The work of CARE Fund would not be possible without the vision and expertise of the Governor-appointed CARE Board of Directors.*

As of June 30, 2025

Total Awarded by cancer type

Fiscal Year 2025

Co-Funding Partnerships

In addition to biannual grantmaking, CARE Fund actively seeks co-funding partnerships with other organizations and funders. These partnerships are considered year-round and are not limited to the January and June grant cycles. By collaborating with other funders, private philanthropy, and other grantmakers, CARE Fund can help create new opportunities to leverage public and private funds for cancer research and related initiatives.

Co-funding partnerships enable CARE Fund to invest or co-invest in innovative projects and interventions that may not be addressed through CARE Fund’s standard grant programs.

Interested in exploring co-funding partnership opportunities? Contact us.

Joseph Sparacio

CARE Fund Deputy Director

joseph@wacarefund.org

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.