2025-08-06T15:07:44+00:00 2024-09-30 346565596 ERNST & YOUNG US LLP 200 CLARENDON STREET BOSTON MA 021165072 990 2023-10-01 043102433 DANA-FARBER INC DANA 6176323000 450 BROOKLINE AVE BP418 BOSTON MA 02215 Laurie H Glimcher MD TRUSTEE & PRESIDENT 6176323000 2025-08-06 true George Pagano P01978122 6172662000 2025-07-23 2023 2025-03-06 01:10:19Z BENJAMIN EBERT MD PHD 450 BROOKLINE AVE BP418 BOSTON MA 02215 574569497 false X N/A X 1990 MA THE PURPOSE AND 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 -567625 0 0 0 0 0 50971716 120502092 0 0 50971716 120502092 0 0 0 0 0 0 0 0 0 12527482 19000749 12527482 19000749 38444234 101501343 2664187088 3128274514 2664187088 3128274514 0 0 THE PURPOSE AND 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 19000749 0 0 PROVIDES SUPPORT TO DANA-FARBER CANCER INSTITUTE, INC. THROUGH INVESTMENT MANAGEMENT SERVICES. 19000749 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, Treasurer, Vice Chairman (End 12/29/23) 2.0 3.0 X X 0 0 0 JOSHUA BEKENSTEIN Trustee & Chairman 2.0 3.0 X X 0 0 0 Laurie H Glimcher MD TRUSTEE & PRESIDENT 2.0 48.0 X X 0 2105144 354681 Lori Whelan Trustee, Treasurer, Vice Chairman (AS OF 1/29/24) 2.0 3.0 X X 0 0 0 Christopher J Hadley Trustee 1.0 1.0 X 0 0 0 Hillary Mankin-Kufe ESQ ASSISTANT SECRETARY 1.0 50.0 X 0 268124 32891 Michael L Reney ASSISTANT TREASURER 1.0 49.0 X 0 1098939 50077 Monica Chandra Secretary 1.0 1.0 X 0 0 0 0 3472207 437649 0 true true false ABRAMS CAPITAL PARTNERS 222 BERKELEY ST 21 ST FL BOSTON MA 02116 INVESTMENT ADVISORY 1967305 ATLAS CAPITAL RESOURCES 100 NORTHFIELD STREET GREENWICH CT 06830 INVESTMENT ADVISORY 1772161 CAMBRIDGE ASSOCIATES 100 SUMMER ST 13 BOSTON MA 02110 CONSULTING FEES 1173750 CHARLESBANK 200 CLARENDON STREET 54TH FL BOSTON MA 02116 INVESTMENT ADVISORY 1130163 Andreessen Horowitz 2800 SAND HILL RD SUITE 101 MENLO PARK CA 94025 INVESTMENT ADVISORY 1057118 33 0 0 0 0 0 0 30142345 0 -567625 30709970 0 0 544427152 454067405 90359747 0 90359747 0 0 90359747 0 0 0 0 0 120502092 0 -567625 121069717 0 0 19000749 19000749 0 0 0 0 0 0 0 0 0 0 19000749 19000749 0 0 0 0 0 0 0 0 0 0 499207187 474138596 2164979901 2654135918 0 0 0 2664187088 3128274514 0 0 2664187088 3128274514 2664187088 3128274514 X 0 0 2664187088 3128274514 X 101501343 371382295 -472883638 X false true X true false X X X 1 DANA-FARBER CANCER INSTITUTE INC 042263040 7 true 395108109 0 1 395108109 0 true false false false false false false false false false false false false false false true false Schedule A, Part I, Line 12g INFORMATION ABOUT THE SUPPORTED ORGANIZATION 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 0 COMMINGLED FUNDS 1126586448 F PRIVATE EQUITY & VENTURE CAPITAL FUND 811651807 F HEDGE FUNDS 694425752 F NATURAL RESOURCES 18673890 F REAL ESTATE FUNDS 2798021 F 2654135918 HELD AS AGENT FOR DANA-FARBER CANCER INSTITUTE, INC. 3128274514 3128274514 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 1022487573 Europe (Including Iceland and Greenland) 0 0 Investments 179375251 Sub-Saharan Africa 0 0 Investments 19145888 North America (Canada & Mexico only) 0 0 Investments 11916365 0 0 0 0 0 0 1232925077 0 1232925077 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 1413095 0 540784 0 151265 0 336307 0 18374 0 2459825 0 0 Hillary Mankin-Kufe ESQ ASSISTANT SECRETARY 0 262985 0 0 0 5139 0 22356 0 10535 0 301015 0 0 Michael L Reney ASSISTANT TREASURER 0 804672 0 229890 0 64377 0 46439 0 3638 0 1149016 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation PER DANA-FARBER CANCER INSTITUTE, INC. ("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 DANA-FARBER CANCER INSTITUTE, INC. ("DFCI"); TAXABLE AMOUNTS ARE INCLUDED IN REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III): LAURIE H. GLIMCHER, MD $136,433 MICHAEL L. RENEY $59,475 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 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL PER DANA-FARBER CANCER INSTITUTE, INC. ("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 2 Family/business relationships amongst interested persons DR. LAURIE H. GLIMCHER, MR. MICHAEL L. RENEY, AND MS. HILLARY MANKIN-KUFE, ESQ 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 DANA-FARBER CANCER INSTITUTE, INC. ("DFCI") IS THE SOLE CORPORATE MEMBER OF DANA-FARBER, INC. ("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 DANA-FARBER CANCER INSTITUTE, INC. ("DFCI") IS THE SOLE CORPORATE MEMBER OF DANA-FARBER, INC. ("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 DANA-FARBER CANCER INSTITUTE, INC. ("DFCI") IS THE SOLE CORPORATE MEMBER OF DANA-FARBER, INC. ("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, INC. ("DFCI") 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 DANA-FARBER, INC. ("DFI") IS SUBJECT TO THE DANA-FARBER CANCER INSTITUTE, INC. ("DFCI 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. 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 -1246580 6817920 DFI DANA-FARBER CANCER INSTITUTE INC 450 BROOKLINE AVENUE BP418 BOSTON MA 02215 042263040 CANCER CARE MA 501(c)(3) 7 NA false THE 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 395108109 cash dana-farber cancer institute inc S 102678554 cash