2021-08-06T15:27:27-05:00 2020-09-30 ERNST & YOUNG US LLP 200 CLARENDON STREET BOSTON MA 021165072 990 2019-10-01 043102433 DANA-FARBER INC % MELISSA CHAMMAS DANA 6176323000 450 Brookline Ave Suite BP418 Boston MA 02215 MICHAEL L RENEY ASSISTANT TREASURER 6176323000 2021-07-27 true EMILY CINCOTTA P01272146 6172662000 2021-07-26 2019 2022-09-23 18:48:47Z Laurie H Glimcher MD 450 Brookline AveBP418 Boston MA 02215 511424642 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 -1316268 -3726002 0 0 0 0 80593901 41223188 0 0 80593901 41223188 0 0 0 0 0 0 0 0 0 11510895 10250471 11510895 10250471 69083006 30972717 1433066609 1740971675 1433066609 1740971675 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 TO SUPPORT SUCH PURPOSES. false false 10250471 0 0 Provides support to Dana-Farber Cancer Institute through investment management services. 0 0 0 10250471 true false 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 false true false false false true 0 0 true 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 Laurie H Glimcher MD Trustee, President and CEO 2.0 50.0 X X 0 1751115 298313 Edward J Benz JR MD Former Officer 0.0 50.0 X 0 1361343 57539 Michael L Reney Assistant Treasurer 2.0 50.0 X 0 835737 45615 Richard S Boskey ESQ Assistant Secretary 2.0 50.0 X 0 660901 70352 KAREN BIRD Former Officer 0.0 50.0 X 0 429283 32188 Joshua Bekenstein Trustee & Chairman 2.0 2.0 X X 0 0 0 John O'Connor Trustee & Treasurer 2.0 2.0 X X 0 0 0 Christopher Hadley Trustee 1.0 1.0 X 0 0 0 Neal J Curtin ESQ Secretary, THRU 12/20/19 1.0 1.0 X 0 0 0 Monica Chandra Secretary, AS OF 12/20/19 1.0 1.0 X 0 0 0 0 5038379 504007 0 true true false General Catalyst Group 20 university rd ste 450 CAMBRIDGE MA 02138 investment advisory 1159875 CAMBRIDGE ASSOCIATES 100 SUMMER ST 13 BOSTON MA 02110 CONSULTING FEES 920500 Hillhouse CAYMAN CORPORATE CENTER 27 HOSPITAL GEORGE TOWN GRAND CAYMAN CJ KY1-9008 INVESTMENT ADVISORY 868349 Polaris Partners One Marina Park Drive 10th floor BOSTON MA 02210 Investment Advisory 642027 Hellman Friedman Capital Partners 415 Mission Street Suite 5700 SAN FRANCISCO CA 94105 Investment Advisory 548241 26 0 0 9022322 -1635207 10657529 0 0 0 0 0 502402320 470201454 32200866 32200866 318939 31881927 0 0 0 0 0 0 0 0 0 0 41223188 -1316268 42539456 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10250471 10250471 0 0 0 0 0 0 0 0 0 0 0 0 0 10250471 10250471 0 0 0 0 23329192 52011920 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 303346917 331227867 1106390500 1357731888 0 0 0 0 0 0 1433066609 1740971675 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1433066609 1740971675 1433066609 1740971675 0 0 1433066609 1740971675 X 30972717 161684719 -192657436 X X false true X true false X X X 1 DANA-FARBER CANCER INSTITUTE INC 042263040 7 true 0 0 1 0 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. COMMINGLED FUNDS 415253650 F HEDGE FUNDS 511763068 F PRIV EQUITY & VENTURE CAP FUND 350391830 F NATURAL RESOURCES 42440706 F REAL ESTATE FUNDS 37882634 F 1357731888 0 HELD AS AGENT FOR DFCI 1740971675 1740971675 Form 990, Schedule D, Part V Investment assets held in the endowment are reported ON THE DANA-FARBER CANCER INSTITUTE, INC. FORM 990. Central America and the Caribbean Investments 534167372 East Asia and the Pacific Investments 5185943 Europe (Including Iceland and Greenland) Investments 93961177 Sub-Saharan Africa Investments 11566111 644880603 644880603 true false true true true false false true false false false false false false false Laurie H Glimcher MD Trustee, President and CEO 0 1205381 0 414966 0 130768 0 285196 0 13117 0 2049428 0 0 Edward J Benz JR MD Former Officer 0 754765 0 0 0 606578 0 39555 0 17984 0 1418882 0 278626 Michael L Reney Assistant Treasurer 0 666922 0 115046 0 53769 0 39555 0 6060 0 881352 0 0 Richard S Boskey ESQ Assistant Secretary 0 525869 0 91695 0 43337 0 39555 0 30797 0 731253 0 0 KAREN BIRD Former Officer 0 424254 0 0 0 5029 0 0 0 32188 0 461471 0 0 SCHEDULE J, PART I, LINE 3 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 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 116,290 EDWARD J. BENZ JR., MD 583,720 Michael L. Reney 48,888 RICHARD S. BOSKEY, ESQ 31,861 FORM 990, PART VI, LINE 2 FAMILY OR BUSINESS RELATIONSHIP DR. LAURIE GLIMCHER, MR. RICHARD BOSKEY AND MR. MICHAEL RENEY WERE EMPLOYED BY DFCI, AN ENTITY OVER WHICH THE OTHER TRUSTEES OF DFI WERE ALSO TRUSTEES. Form 990, Part VI, Lines 6, 7A & 7B POWER TO ELECT OR APPOINT 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 11B PROCESS USED TO REVIEW THE FORM 990 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 MONITORING & ENFORCEMENT OF CONFLICT OF INTEREST POLICY THE OFFICE OF GENERAL COUNSEL AND THE TAX DEPARTMENT DRAFT A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE EACH YEAR AND REQUIRES THAT ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES FILL OUT A QUESTIONNAIRE IN ORDER TO IDENTIFY POTENTIAL DISCLOSURES FOR DFI'S RETURNS. THE OFFICE OF GENERAL COUNSEL COMPILES THE LIST OF DISCLOSURES AND GATHERS FINANCIAL DATA FROM THE ACCOUNTS PAYABLE AND PAYROLL DEPARTMENT FOR ALL ORGANIZATIONS, EMPLOYEES, INDEPENDENT CONTRACTORS, AND OTHER MISCELLANEOUS TRANSACTIONS WHICH WERE DISCLOSED BY ALL INDIVIDUALS. ONCE ALL OF THIS INFORMATION IS COMPILED, THE OFFICE OF GENERAL COUNSEL AND THE TAX DEPARTMENT GO THROUGH EACH TRANSACTION AND DISCLOSURE TO DETERMINE WHAT NEEDS TO BE DISCLOSED ON THE TAX RETURN. THE TAX DEPARTMENT AND THE OFFICE OF GENERAL COUNSEL ALSO DISCUSS IF THERE ARE ANY OTHER KNOWN TRANSACTIONS THAT HAVE NOT BEEN DISCLOSED. IF THERE ARE ANY QUESTIONS REGARDING SUCH SITUATION, THE OFFICE OF GENERAL COUNSEL WILL DISCUSS THE QUESTIONS WITH THE INDIVIDUAL TRUSTEES, OFFICERS AND KEY EMPLOYEES INVOLVED. IN ADDITION TO THE PROCESS DESCRIBED ABOVE, THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS ANY NEW CONFLICT OF INTEREST DISCLOSURES AND THEY ADDRESS ANY ISSUES THAT MAY ARISE. THE GOVERNANCE COMMITTEE IS ALSO RESPONSIBLE TO BRING ANY MAJOR ISSUES RELATED TO THE CONFLICT OF INTEREST POLICY TO THE EXECUTIVE COMMITTEE AND THE ENTIRE BOARD IF DEEMED NECESSARY. PER DFI'S CONFLICT OF INTEREST POLICY, IN ORDER TO AVOID A CONFLICT OF INTEREST OR AN APPEARANCE OF A CONFLICT OF INTEREST: 1. A TRUSTEE SHOULD NOT PARTICIPATE IN A VOTE ON A TRANSACTION IN WHICH THE TRUSTEE OR FAMILY MEMBER HAS A FINANCIAL INTEREST AND SHOULD DISCLOSE ANY POTENTIAL CONFLICT BEFORE DFI ACTS ON THE TRANSACTION. 2. A TRUSTEE, A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY WITH WHICH ONE OR MORE OF THEM HAS A MATERIAL INTEREST, MAY NOT DO BUSINESS WITH DFI UNLESS EXPRESSLY AUTHORIZED BY DFI AFTER FULL DISCLOSURE. 3. A TRUSTEE SHOULD FULLY DISCLOSE HIS OR HER ASSOCIATION (INCLUDING EMPLOYMENT, CONSULTING, OR MEMBERSHIP ON A GOVERNING BOARD BY THE TRUSTEE OR A FAMILY MEMBER) WITH AN ENTITY THAT COMPETES WITH OR HAS INTERESTS CONFLICTING WITH THOSE OF DFI AND SHOULD REFRAIN FROM PARTICIPATING IN ANY VOTE IF THE VOTE AFFECTS DFI. ONCE A DISCLOSURE HAS BEEN MADE, DFCI'S OFFICE OF GENERAL COUNSEL REVIEWS SUCH CONFLICT WITH THE CHAIR OF THE BOARD WHO DETERMINES IF A CONFLICT EXISTS. WHEN A CONFLICT EXISTS, THE APPROPRIATE COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES IF A MORE ADVANTAGEOUS ALTERNATIVE WITHOUT A CONFLICT OF INTEREST EXISTS AND WHETHER ENTERING INTO THE ARRANGEMENT IS IN THE BEST INTEREST of DANA-FARBER. FORM 990, PART VI, LINE 15A PROCESS FOR DETERMINING COMPENSATION OF PRESIDENT 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 19 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'S CONFLICT OF INTEREST POLICY CAN BE FOUND WITHIN DANA-FARBER CANCER INSTITUTE, INC. & ITS AFFILIATES CODE OF CONDUCT, WHICH IS AVAILABLE ON ITS WEBSITE. 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 2001 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. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS INCLUDE: TRANSFER OF NET ASSETS TO DFCI ($192,657,436) Dana-Farber Cancer Institute Inc 450 BROOKLINE AVE BP418 Boston MA 02215 042263040 Cancer Care MA 501(c)(3) 7 NA false Dana-Farber Trust Inc 450 BROOKLINE AVE BP418 Boston MA 02215 300195757 REC R/E Gift MA 501(c)(3) 12a, type 1 DFCI true Friends of Dana-Farber Cancer Institute 450 BROOKLINE AVE BP418 Boston MA 02215 371613621 Fundraising MA 501(c)(3) 12a, type 1 DFCI true Dana-Farber Cancer Care Network Inc 450 BROOKLINE AVE 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 284867424 cash Dana-Farber Cancer Institute Inc s 158849948 cash