2023-08-04T14:31:01+00:00 2022-09-30 346565596 ERNST YOUNG US LLP ONE MANHATTAN WEST NEW YORK NY 100018604 990 2021-10-01 043102433 DANA-FARBER INC DANA 6176323000 450 BROOKLINE AVE BP418 BOSTON MA 02215 Laurie H Glimcher TRUSTEE PRESIDENT 6176323000 2023-08-04 true MICHAEL RENEY 999009999 Nicole Sokolowski P01683199 2127733000 2023-07-31 2021 2023-04-26 12:10:37Z Laurie H Glimcher 450 BROOKLINE AVE BP418 BOSTON MA 02215 736987138 false X N/A X 1990 MA THE PURPOSE ACTIVITIES OF DANA-FARBER, INC. ARE TO PROMOTE AND SUPPORT THE EXEMPT MISSIONS OF DANA-FARBER CANCER INSTITUTE AND TO PROVIDE INVESTMENT MANAGEMENT SERVICES. 4 3 0 3 895774 0 0 0 0 0 197856829 109775024 0 0 197856829 109775024 0 0 0 0 0 0 0 0 0 37248263 19432653 37248263 19432653 160608566 90342371 2427985539 2249079462 2427985539 2249079462 0 0 THE PURPOSE ACTIVITIES OF DANA-FARBER, INC. ARE TO PROMOTE AND SUPPORT THE EXEMPT MISSIONS OF DANA-FARBER CANCER INSTITUTE AND TO PROVIDE INVESTMENT MANAGEMENT SERVICES. false false 19432653 0 0 PROVIDES SUPPORT TO DANA-FARBER CANCER INSTITUTE THROUGH INVESTMENT MANAGEMENT SERVICES. 19432653 true false false false false false false false true false true false false true false false true false false true false false false false false false false false true false false false false false false false false false false false false true true false false false true 0 0 0 true true false false false false false false false false false false false X 4 3 true false false false true true true true true false false true true true true true true false false false CA MA X MELISSA CHAMMAS 6176323000 450 BROOKLINE AVE BP418 BOSTON MA 02215 JOHN J O'CONNOR Trustee, Vice Chairman, Treasurer 2.0 4.0 X X 0 0 0 JOSHUA BEKENSTEIN Trustee Chairman 2.0 4.0 X X 0 0 0 Laurie H Glimcher MD TRUSTEE PRESIDENT 2.0 48.0 X X 0 3672655 321403 Christopher Hadley Trustee 1.0 1.0 X 0 0 0 Hillary Mankin-Kufe ESQ ASSISTANT SECRETARY (AS OF 12/17/21) 2.0 1.0 X 0 232569 17271 John Ryan ESQ Assistant Secretary (END 12/17/21) 2.0 48.0 X 0 617744 31945 Michael L Reney ASSISTANT TREASURER 2.0 48.0 X 0 835469 37481 Monica Chandra Secretary 2.0 1.0 X 0 0 0 Edward J Benz JR MD FORMER OFFICER 0.0 50.0 X 0 2163654 51485 Richard S Boskey ESQ Former Officer 0.0 50.0 X 0 799400 51348 0 8321491 510933 0 true true false SILVERSMITH CAPITAL PARTNERS 116 HUNTINGTON AVE 15TH FLOOR BOSTON MA 02116 INVESTMENT ADVISORY 1356299 AUDAX 101 HUNTINGTON AVE 24TH BOSTON MA 02199 INVESTMENT ADVISORY 1343202 CAMBRIDGE ASSOCIATES 100 SUMMER ST 13 BOSTON MA 02110 CONSULTING FEES 1300000 POLARIS PARTNERS ONE MARINA PARK DRIVE 10TH FLOOR BOSTON MA 02210 INVESTMENT ADVISORY 1272726 ATLAS CAPITAL RESOURCES 100 NORTHFIELD STREET GREENWICH CT 06830 INVESTMENT ADVISORY 1224084 34 0 0 0 0 0 0 3430960 -817106 4248066 0 0 733556178 627212114 106344064 0 106344064 1712880 104631184 0 0 0 0 0 109775024 0 895774 108879250 19432653 19432653 0 0 0 0 0 0 0 0 19432653 19432653 0 0 0 0 0 0 0 0 0 0 434534398 443320797 1993451141 1805758665 0 0 0 2427985539 2249079462 0 0 2427985539 2249079462 2427985539 2249079462 0 0 2427985539 2249079462 X 90342371 -384729885 294387514 X false true X true false X X X 1 DANA-FARBER CANCER INSTITUTE INC 042263040 7 true 332040564 0 1 332040564 0 true false false false false false false false false false false false false false false true false Schedule A, Part I, Line 12g DANA-FARBER, INC. ("DFI") SUPPORTS ONLY DANA-FARBER CANCER INSTITUTE INC. ("DFCI") BY PROVIDING INVESTMENT MANAGEMENT SERVICES. THE PROVISION OF INVESTMENT MANAGEMENT SERVICES TO DFCI IS DFI'S SOLE ACTIVITY. 0 0 0 0 0 0 0 0 0 COMMINGLED FUNDS 519699581 F HEDGE FUNDS 517124628 F PRIV EQUITY VENTURE CAP FUND 706977193 F NATURAL RESOURCES 21459721 F REAL ESTATE FUNDS 40497542 F 1805758665 HELD AS AGENT FOR DFCI 2249079462 2249079462 Schedule D, Part V, Line 4 Intended uses of endowment funds INVESTMENT ASSETS HELD IN THE ENDOWMENT ARE REPORTED ON THE DANA-FARBER CANCER INSTITUTE, INC. FORM 990. Central America and the Caribbean 0 0 Investments 769947440 Europe (Including Iceland and Greenland) 0 0 Investments 142987407 Sub-Saharan Africa 0 0 Investments 21505216 North America (Canada Mexico only) 0 0 Investments 7888277 0 0 0 0 0 0 942328340 0 942328340 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEA; EUROPE (INCLUDING ICELAND AND GREENLAND; NORTH AMERICA (CANADA MEXICO ONLY; SUB-SAHARAN AFRIC false true false false false false false false false Laurie H Glimcher MD TRUSTEE PRESIDENT 0 1280223 0 212479 0 2179953 0 304525 0 16878 0 3994058 0 1191078 Edward J Benz JR MD FORMER OFFICER 0 376204 0 1000 0 1786450 0 33925 0 17560 0 2215139 0 818568 Richard S Boskey ESQ Former Officer 0 610413 0 148600 0 40387 0 33925 0 17423 0 850748 0 0 Hillary Mankin-Kufe ESQ ASSISTANT SECRETARY (AS OF 12/17/21) 0 227311 0 1000 0 4258 0 15929 0 1342 0 249840 0 0 Michael L Reney ASSISTANT TREASURER 0 723987 0 60983 0 50499 0 33925 0 3556 0 872950 0 0 John Ryan ESQ Assistant Secretary (END 12/17/21) 0 606869 0 0 0 10875 0 0 0 31945 0 649689 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation PER DFCI AND AFFILIATES' EXECUTIVE COMPENSATION PHILOSOPHY, ANNUALLY DFCI'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DFCI PRESIDENT'S (DFI'S PRESIDENT) PERFORMANCE AND MAKES A RECOMMENDATION REGARDING COMPENSATION TO DFCI'S EXECUTIVE COMMITTEE, WHICH THEN APPROVES SUCH COMPENSATION. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATE IN 457(F) PLANS ESTABLISHED BY DFCI; TAXABLE AMOUNTS ARE INCLUDED IN REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III): LAURIE H. GLIMCHER, MD 2,162,958 EDWARD J. BENZ JR., MD 1,779,950 MICHAEL L. RENEY 45,597 RICHARD S. BOSKEY, ESQ 28,155 Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL PER DFCI AND AFFILIATES' EXECUTIVE COMPENSATION PHILOSOPHY, ANNUALLY DFCI'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DFCI PRESIDENT'S (DFI'S PRESIDENT) PERFORMANCE AND MAKES A RECOMMENDATION REGARDING COMPENSATION TO DFCI'S EXECUTIVE COMMITTEE, WHICH THEN APPROVES SUCH COMPENSATION. Form 990, Part VI, Line 12a Line 13, and Line 14 Written CONFLICT OF INTEREST, Whistle-blower, AND DOCUMENT RETENTION DESTRUCTION POLICIES DFI is organized to support the activities of DFCI, and DFCI maintains the required whistle-blower policy, document retention policy and conflicts-of-interest policy. Since DFCI employees perform all key functions for DFI, DFI is covered by the DFCI required policies. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons DR. LAURIE GLIMCHER, MR. MICHAEL RENEY, AND MR. JOHN RYAN WERE EMPLOYED BY DANA-FARBER CANCER INSTITUTE, INC. (DFCI), AN ENTITY OVER WHICH THE OTHER TRUSTEES OF DANA-FARBER, INC. (DFI) WERE ALSO TRUSTEES. - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders DFCI IS THE SOLE CORPORATE MEMBER OF DFI AND DFCI AS SOLE MEMBER HAS THE RIGHT TO ELECT THOSE INDIVIDUALS WHO WILL SERVE EX OFFICIO AS TRUSTEES OF DFI, TO AMEND DFI'S BYLAWS, AND OTHER CERTAIN GOVERNANCE DECISIONS RESERVED TO IT UNDER STATE LAW. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body DFCI IS THE SOLE CORPORATE MEMBER OF DFI AND DFCI AS SOLE MEMBER HAS THE RIGHT TO ELECT THOSE INDIVIDUALS WHO WILL SERVE EX OFFICIO AS TRUSTEES OF DFI, TO AMEND DFI'S BYLAWS, AND OTHER CERTAIN GOVERNANCE DECISIONS RESERVED TO IT UNDER STATE LAW. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DFCI IS THE SOLE CORPORATE MEMBER OF DFI AND DFCI AS SOLE MEMBER HAS THE RIGHT TO ELECT THOSE INDIVIDUALS WHO WILL SERVE EX OFFICIO AS TRUSTEES OF DFI, TO AMEND DFI'S BYLAWS, AND OTHER CERTAIN GOVERNANCE DECISIONS RESERVED TO IT UNDER STATE LAW. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DANA-FARBER CANCER INSTITUTE TAX DEPARTMENT PROVIDES ALL FINANCIAL ANALYSIS AND OTHER INFORMATION TO BE INCLUDED ON THE TAX RETURN TO ITS EXTERNAL TAX PREPARER, ERNST YOUNG LLP, WHICH PREPARES THE DRAFT RETURN. THE DRAFT RETURN IS REVIEWED BY THE DFCI TAX MANAGER, AS WELL AS THE DFCI OFFICE OF GENERAL COUNSEL AND THEN THE CHIEF FINANCIAL OFFICER APPROVES THE RETURN. A FINAL VERSION OF THE FORM IS MADE AVAILABLE TO THE BOARD BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy DFI IS SUBJECT TO THE DANA-FARBER CANCER INSTITUTE, INC. ("DFCI OR THE "INSTITUTE") BOARD OF TRUSTEES POLICY ON CONFLICTS OF INTEREST AND CONFIDENTIALITY (THE "COI POLICY"). UNDER THE TERMS OF THE COI POLICY, DFI, THROUGH DFCI'S CONFLICT-RELATED PRACTICES, MONITORS AND ENFORCES COMPLIANCE WITH THE COI POLICY BY BOARD OFFICERS, TRUSTEES, AND KEY EMPLOYEES ("COVERED PERSONS") OF DFI. THOSE PRACTICES INCLUDE ANNUAL COLLECTION AND REVIEW OF RESPONSES TO A CONFLICT OF INTEREST QUESTIONNAIRE AND CONFIDENTIALITY STATEMENT (THE "STATEMENT") REQUIRING ALL COVERED PERSONS TO DISCLOSE INTERESTS, ROLES, AND ACTIVITIES THAT COULD GIVE RISE TO A POTENTIAL OR ACTUAL CONFLICT WITH THE INTERESTS OF DFI. IF A TRUSTEE FAILS TO COMPLETE THE ANNUAL STATEMENT, THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE DFCI BOARD MAY TAKE ACTIONS TO SUSPEND THE TRUSTEE. THE INSTITUTE REQUIRES COVERED PERSONS OF DFI TO COMPLETE THE STATEMENT UPON INITIAL APPOINTMENT TO A COVERED OFFICE AND TO UPDATE THEIR DISCLOSURES ON A CONTINUING BASIS WHENEVER A COVERED PERSON BECOMES AWARE OF A NEW OR PREVIOUSLY UNDISCLOSED INTEREST. THE OFFICE OF GENERAL COUNSEL COMPARES THE DISCLOSURES TO INSTITUTIONAL INFORMATION IN ORDER TO IDENTIFY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST. THE DFCI GENERAL COUNSEL REPORTS ON ALL DISCLOSURES TO THE DFCI PRESIDENT, CHAIR OF THE DFCI BOARD AND CHAIR OF THE DFCI BOARD GOVERNANCE COMMITTEE. THE DFCI GENERAL COUNSEL WILL ALSO INFORM THE CHAIR OF THE BOARD OF DFI OF DISCLOSURES RELEVANT TO THE AFFAIRS OF DFI. THE BOARD OF DFI IS RESPONSIBLE UNDER THE COI POLICY FOR ADDRESSING ISSUES RELATED TO CONFLICTS OF COVERED PERSONS OF DFI. A PROPOSED ARRANGEMENT CREATING A CONFLICT-OF-INTEREST MAY BE APPROVED IF APPROPRIATE STEPS ARE TAKEN TO ENSURE THAT DFI MAKES A DECISION IN AN OBJECTIVE AND FAIR MANNER CONSISTENT WITH THE HIGHEST ETHICAL AND LEGAL STANDARDS. SUCH STEPS INCLUDE RECUSAL OF THE COVERED PERSON WITH A CONFLICT OF INTEREST FROM NEGOTIATIONS OR DISCUSSIONS ON BEHALF OF DFI OR THE ENTITY WITH WHICH DFI IS DOING BUSINESS AND FROM BOARD OR MANAGEMENT DISCUSSIONS OF SUCH ARRANGEMENT. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS: THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS ARE ALSO AVAILABLE TO THE PUBLIC ON THE SECRETARY OF THE COMMONWEALTH'S WEBSITE. CONFLICT OF INTEREST POLICY: DFI IS SUBJECT TO THE DANA-FARBER CANCER INSTITUTE, INC. BOARD OF TRUSTEES POLICY ON CONFLICTS OF INTEREST AND CONFIDENTIALITY (THE "COI POLICY"). THE COI POLICY IS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS: THE ORGANIZATION USES THE SERVICES OF DIGITAL ASSURANCE CERTIFICATION LLC (DAC) TO REPORT ANNUAL AUDITED FINANCIAL STATEMENTS AND OTHER RELEVANT ORGANIZATIONAL INFORMATION AS REQUIRED BY CERTAIN REGULATORY AND TAX LAWS. DAC IS A WEBSITE (WWW.DACBOND.COM) FREE TO THE PUBLIC THAT PUBLISHES TAX-EXEMPT BOND ISSUERS' FINANCIAL AND LEGAL DOCUMENTS SUCH AS THE AUDITED FINANCIAL STATEMENTS. FISCAL YEAR 2016 THROUGH THE LATEST ISSUE DATE OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR DANA-FARBER CANCER INSTITUTE, INC. AND DANA-FARBER, INC. CAN BE FOUND ON THE DAC WEBSITE. ANNUAL AUDITED FINANCIAL STATEMENTS FROM FISCAL YEAR 1998 THROUGH FISCAL YEAR 2015 ARE AVAILABLE UPON REQUEST Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFER OF NET ASSETS TO DFCI - XXX-XX-XXXX; BINNEY STREET CAPITAL FUND LLC 450 BROOKLINE AVE BP418 BOSTON MA 02215 investments DE -1234555 3490766 DFI DANA-FARBER CANCER INSTITUTE INC 450 BROOKLINE AVENUE BP418 BOSTON MA 02215 042263040 CANCER CARE MA 501(c)(3) 7 NA false DANA-FARBER TRUST INC 450 BROOKLINE AVENUE BP418 BOSTON MA 02215 300195757 receive real estate gifts for DFCI MA 501(c)(3) Type I DFCI true FRIENDS OF DANA-FARBER CANCER INSTITUTE 450 BROOKLINE AVENUE BP418 BOSTON MA 02215 371613621 FUNDRAISING MA 501(c)(3) Type I DFCI true DANA-FARBER CANCER CARE NETWORK INC 450 BROOKLINE AVENUE BP418 BOSTON MA 02215 465138314 CANCER CARE MA 501(c)(3) 10 DFCI true false false false false false false false false false false false false false false false false false true true dana-farber cancer institute inc R 332040564 cash dana-farber cancer institute inc S 156581944 cash