2023
Annual Report
About CPRIT
Created by Texans, CPRIT carries out its mission through its Academic Research, Prevention, and Product Development Research programs. The appointed members of CPRIT’s governing body, the Oversight Committee, oversee the agency’s administrative and financial activities so that CPRIT can reduce the burden of cancer across the state.
Established under Article III, Section 67 of the Texas Constitution, CPRIT identifies and funds promising cancer research and prevention initiatives throughout the state. With support from Texas voters, the state legislature has authorized CPRIT to distribute up to $6 billion in general obligation bond proceeds for promising research and prevention projects over the next decade.
CPRIT’s governing statute, Chapter 102 of the Texas Health and Safety Code, defines our mission and shapes the principles and priorities that guide CPRIT’s programs.
Using a rigorous, merit-based peer review process, CPRIT funds promising cancer-fighting initiatives through our Prevention, Academic Research, and Product Development Research programs. Our programs help form an indispensable life science ecosystem by connecting universities, researchers, physicians, companies, hospitals, and clinics throughout Texas. As the state’s largest cancer research and prevention institute, we are proud to fund projects that deliver invaluable discoveries, create high-quality jobs, and reduce cancer mortality rates across the state.
Grants Awarded for Academic Research, Product Development Research and Prevention Projects
Committed Grant Funds
Grant Recipient Institutions, Organizations, and Companies
CPRIT’s Academic Research Program helps Texas’ academic institutions conduct groundbreaking studies, recruit outstanding scientists, build world-class research facilities, and make critical advances in underfunded areas of cancer research. With our support, Texas institutions have developed cutting-edge technologies and advanced innovative discoveries that have bolstered the state’s cancer-fighting capabilities. CPRIT grantees’ successes over the last 14 years have helped fortify Texas’ reputation as a powerhouse in cancer research and prevention.
Academic research and recruitment awards to 40 institutions
Total dollars in CPRIT academic research awards
Other grants received after CPRIT award
Publications reporting research findings
New patents and patent applications
NCI Specialized Programs for Research Excellence awards – the most of any state
Innovative discoveries are most valuable when they evolve into usable therapies and technologies. Developing new cancer drugs and devices is a multibillion-dollar, decades-long process. Early-stage development activities, such as preclinical studies, first in human trials, and creating regulatory data, are vital to this process. However, initial outside investment necessary to complete early-stage work is often hard to secure because of the risk of failure at this development stage. CPRIT’s Product Development Program accelerates early-stage development by funding Texas-based startups conducting the preliminary work needed to bring life-saving drugs and technologies to market.
Awards to 56 companies; $639.3 million committed
Raised after receiving CPRIT award
(10:1 funding ratio)
Texans employed at CPRIT-funded companies
Increase in business activity from CPRIT programs
Half of all cancers are preventable. Prevention measures such as vaccinations, screenings, survivorship resources, and tools for quitting tobacco and alcohol remain the most cost-effective means for controlling cancer. CPRIT’s Prevention Program funds projects that deliver evidence-based prevention services throughout Texas with a focus on medically underserved communities. Offering prevention services to Texas’ most vulnerable populations reduces direct and indirect causes of cancer cases and cancer deaths across the state.
Prevention awards in FY 2023 with 86 active projects
Prevention project awards to 56 organizations
Prevention services, including 3.6 million clinical services
Cancer and cancer precursors discovered through CPRIT-funded screenings
Number of individuals who received first-time cancer screening
Treatment costs saved with every $1 spent on cancer prevention
The Governor, Lieutenant Governor, and Speaker of the House each appoint three private citizens to serve as members of CPRIT’s Oversight Committee, the agency’s governing body. At least one member appointed by each state official is a physician or scientist with experience in oncology or public health. Oversight Committee members serve staggered six-year terms.
In addition to adopting priorities for each of CPRIT’s three program areas, the Oversight Committee approves grant awards and adopts policies necessary for executive meetings, grant distribution, and management of the agency.
CPRIT’s work requires a comprehensive understanding of issues at the forefront of cancer research and prevention initiatives. These include challenges limiting clinical trial advances, innovations in treating and detecting childhood cancers, Texas institutions’ contributions to the state’s life science ecosystem, and supporting cancer prevention and research in geographically diverse regions of the state. CPRIT staff and the Oversight Committee regularly consult with six advisory committees to keep abreast of the latest developments and to prudently address issues that most affect the state’s fight against cancer.
See links to the individual advisory committees below:
| Legislative Appropriations | $296,030,832 |
| License, Fees, and Permits | $2,131,317 |
| Interest Income | $2,153 |
| Other | $65,832 |
| Total Revenues | $298,230,134 |
| Salaries and Wages | $5,038,721 |
| Other Personnel Costs | $1,117,483 |
| Professional Fees and Services | $11,025,743 |
| Travel | $52,257 |
| Materials and Supplies | $267,945 |
| Communication and Utilities | $455,910 |
| Repairs and Maintenance | $1,252 |
| Rentals and Leases | $15,011 |
| Printing and Reproduction | $633 |
| Grant Payments | $238,849,929 |
| Other Operating Expenditures | $842,638 |
| Capital Outlay | $0 |
| Depreciation Expenses | $49,777 |
| Total Expenses | $257,717,299 |
FINANCIAL SUMMARY (UNAUDITED) - FOR THE YEAR ENDING AUGUST 31, 2023
FY2023 Financial Audit Report (PDF)
CPRIT’s executive management is responsible for establishing and maintaining adequate internal control over financial reporting and compliance with applicable laws, regulations, contracts, and grant agreements, as well as other matters.
McConnell & Jones LLP, a certified public accounting firm, audited CPRIT’s financial statements for the year ending August 31, 2023, ascertaining that the statements "present fairly, in all material respects, the respective financial position of the governmental activities and governmental fund information of CPRIT, as of August 31, 2023, and the respective changes in financial position for the year then ended, in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP)."
As part of the audit report on the financial statements, McConnell & Jones LLP reviewed CPRIT’s internal control over financial reporting and performed tests of CPRIT’s compliance with certain provisions of laws, regulations, contracts, and grant agreements to ensure that the statements are free from material misstatements. McConnell & Jones LLP identified no instance of noncompliance or other matter that required reporting under Government Auditing Standards.