$10,000 covers the cost of a sub-80° freezer. It could also pay for the equipment to sequence a genome and custom printers for gene panels.
The reason 100% of the money donated to VLCM Foundation can be donated to fund cancer research is because the full cost of the tournament, including employee wages, is paid by VLCM from the money made in the process of providing IT services to other companies.
The golf tournament serves two purposes. VLCM could simply donate $100,000 to Huntsman Cancer Institute every year, but holding the golf tournament allows us to turn that $100,000 into more money for research. The tournament has also helped us to build a community of close friends, vendors, industry partners, and customers who care about advancing research which aims to find better treatments and cures for cancer - a disease that impacts us all in some way.