DANA-FARBER CANCER INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

DANA-FARBER CANCER INSTITUTE INC

EIN 04-2263040 · Medical Research (H300)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders89 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.62%of revenue went to mission work91.6% of expenses · Program services

1.46%of revenue went to fundraising1.5% of expenses

$85.72spent for every $100 of revenueRevenue covered expenses this year.

6.65%of revenue went to management and office costs6.9% of expenses

$1.79in assets for every $1 spent this yearSome assets cannot be spent right away.

19.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,459,825 for LAURIE H GLIMCHER MD (TRUSTEE, PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,471,594,710

Mission workProgram services$3,076,421,97488.62% of revenue91.6% of expenses

ManagementOffice and general costs$231,016,8846.65% of revenue6.9% of expenses

FundraisingAsking for donations$50,705,8991.46% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$113,449,9533.27% of revenueShown in gray on the chart

Total expenses$3,358,144,75796.73% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 91.6% mission · 6.9% management · 1.5% fundraisingTotal expenses: 96.73% of revenue

2022Expense mix: 90.7% mission · 7.7% management · 1.6% fundraisingTotal expenses: 88.64% of revenue

2021Expense mix: 90.7% mission · 7.5% management · 1.7% fundraisingTotal expenses: 95.86% of revenue

2020Expense mix: 89.4% mission · 8.8% management · 1.8% fundraisingTotal expenses: 92.06% of revenue

2019Expense mix: 90.3% mission · 7.8% management · 1.9% fundraisingTotal expenses: 98.21% of revenue

2018Expense mix: 89.7% mission · 8.2% management · 2.1% fundraisingTotal expenses: 94.85% of revenue

2017Expense mix: 91.0% mission · 6.9% management · 2.1% fundraisingTotal expenses: 95.79% of revenue

2016Expense mix: 90.2% mission · 7.6% management · 2.2% fundraisingTotal expenses: 102.22% of revenue

Money in and money out

Revenue$3,917,771,259

Expenses$3,358,144,757

Annual surplus $559,626,502 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,076,421,974 · 91.6% of expenses

Management and office costs$231,016,884 · 6.9% of expenses

Fundraising$50,705,899 · 1.5% of expenses

See all reported dollar amounts

Revenue$3,917,771,259

Expenses$3,358,144,757

Assets$5,997,012,444

Income$3,920,793,349

Contributions$779,153,701

Mission work (program services)$3,076,421,974

Fundraising$50,705,899

Grants given$31,534,844

Average grant$165,973

Management and general$231,016,884

Executive compensation (total)$9,114,260

Accounting fees$979,575

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LAURIE H GLIMCHER MDTRUSTEE, PRESIDENT & CEO · 44 hrs/week $2,459,825Base $2,105,144 · Other $354,681

WILLIAM HAHN MD PHDCOO & EVP · 49 hrs/week $1,349,728Base $1,299,728 · Other $50,000

ELIZABETH LIEBOWFORMER KEY EMPLOYEE $1,257,451Base $1,205,871 · Other $51,580

MICHAEL L RENEYCFO & ASSISTANT TREASURER · 46 hrs/week $1,149,016Base $1,098,939 · Other $50,077

CRAIG A BUNNELL MD MPH MBACHIEF MEDICAL OFFICER · 50 hrs/week $1,017,354Base $963,956 · Other $53,398

MELANY DUVALSVP & CHIEF PHILANTHROPY OFFICER · 50 hrs/week $1,006,658Base $938,328 · Other $68,330

ROBERT SOIFFER MDCHAIR EXECUTIVE COMMITTEE FOR CLINICAL PROGRAMS · 50 hrs/week $908,294Base $839,239 · Other $69,055

SCOTT ARMSTRONG MD PHDCHAIR OF PEDIATRIC ONCOLOGY · 50 hrs/week $900,813Base $819,691 · Other $81,122

MICHAEL CONSTANTINE MDMILFORD MED DIR-HEMATOLOGY/ONCOLOGY · 50 hrs/week $890,518Base $800,852 · Other $89,666

BRUCE JOHNSON MDSR. ADVISOR TO PRESIDENT & CEO · 49 hrs/week $822,879Base $749,341 · Other $73,538

JEFFREY MEYERHARDT MD MPHCHIEF CLINICAL RESEARCH OFFICER · 50 hrs/week $809,685Base $720,117 · Other $89,568

JENNIFER WILLCOX ESQASST SECRETARY & GENERAL COUNSEL · 50 hrs/week $775,353Base $692,134 · Other $83,219

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (89)

LAURIE H GLIMCHER MDTRUSTEE, PRESIDENT & CEO

WILLIAM HAHN MD PHDCOO & EVP

ELIZABETH LIEBOWFORMER KEY EMPLOYEE

MICHAEL L RENEYCFO & ASSISTANT TREASURER

CRAIG A BUNNELL MD MPH MBACHIEF MEDICAL OFFICER

MELANY DUVALSVP & CHIEF PHILANTHROPY OFFICER

ROBERT SOIFFER MDCHAIR EXECUTIVE COMMITTEE FOR CLINICAL PROGRAMS

SCOTT ARMSTRONG MD PHDCHAIR OF PEDIATRIC ONCOLOGY

MICHAEL CONSTANTINE MDMILFORD MED DIR-HEMATOLOGY/ONCOLOGY

BRUCE JOHNSON MDSR. ADVISOR TO PRESIDENT & CEO

JEFFREY MEYERHARDT MD MPHCHIEF CLINICAL RESEARCH OFFICER

JENNIFER WILLCOX ESQASST SECRETARY & GENERAL COUNSEL

MARIA MEGDALSVP CHIEF ADMINISTRATIVE OFFICER

KEVIN HAIGIS PHDCHIEF SCIENTIFIC OFFICER

BARRETT J ROLLINS MD PHDSR. ADVISOR TO PRESIDENT & CEO

WENDY GETTLEMANVP OF FACILITIES MANAGEMENT & REAL ESTATE

JOHN O CHESLEY ESQCOUNSEL

SYLVIA A BARTEL RPH MHPSR. VP OF PHARMACY & CPO

BENJAMIN EBERT MD PHDCHAIR OF MEDICAL ONCOLOGY

MONICA CHANDRATRUSTEE & SECRETARY

MORIA FORBESTRUSTEE

MICHAEL TROTSKYTRUSTEE

MEG REYNOLDSTRUSTEE

MICHAEL EISENSONTRUSTEE

PHILLIP GROSSTRUSTEE

MARY ANN TOCIOTRUSTEE (END 1/29/24)

LOUISE SVANBERGTRUSTEE

LORI WHELANTRUSTEE, TREASURER (AS OF 1/29/24)

LISA FERRAROTRUSTEE

LEVI GARRAWAYTRUSTEE

KATE GULLIVERTRUSTEE

SANDRA STRATFORD MDTRUSTEE

TRACEY MCCAIN ESQTRUSTEE

TIMOTHY COHENTRUSTEE

THEODORE PASQUARELLOTRUSTEE

SUSHIL TULITRUSTEE

SUSAN ALEXANDER ESQTRUSTEE

SUSAN PODUSKATRUSTEE

STEVEN KOPPELTRUSTEE

STEPHEN KOSTER ESQTRUSTEE

STEPHEN FINETRUSTEE (END 1/29/24)

NANCY GIBSONTRUSTEE

RONALD SULLIVANTRUSTEE

ROBERT STANSKYTRUSTEE

ROBERT SACHSTRUSTEE (END 1/29/24)

ROBERT REYNOLDSTRUSTEE

RICHARD LUBINTRUSTEE & VICE-CHAIRMAN

PETER PALANDJIANTRUSTEE

PAUL MARCUSTRUSTEE

NANCY LOTANETRUSTEE

CHRISTOPHER J HADLEYTRUSTEE

FREDERICA WILLIAMSTRUSTEE

FRANK LAUKIENTRUSTEE

FATIMA PENROSETRUSTEE

ESTA STECHERTRUSTEE

ERIC SCHLAGERTRUSTEE (END 1/29/24)

ERIC MILLERTRUSTEE

ELIZABETH CLYMERTRUSTEE

DOUG GRIPTRUSTEE

DEMOND MARTINTRUSTEE

GARY PRADOTRUSTEE

BRIAN KNEZTRUSTEE

BRADLEY LUCASTRUSTEE

BETTY ANN BLUMTRUSTEE

BETH TERRANATRUSTEE

ANDREW KAPLANTRUSTEE

ANDREW JANOWERTRUSTEE

AMY KYLE ESQTRUSTEE

AMY BERYLSONTRUSTEE

ALISON JAFFETRUSTEE

JODI WALKERTRUSTEE

KIMBERLY SHERMAN STAMLERTRUSTEE

KEVIN DASILVATRUSTEE

AFSANEH BESCHLOSSTRUSTEE

KAREN LINDE PACKMANTRUSTEE

KAREN DALEY PHD MPH RN FANNTRUSTEE

KAREN HALETRUSTEE (END 4/5/24)

JOSHUA BEKENSTEINTRUSTEE & CHAIRMAN

JOSE AGUERREVERETRUSTEE

JOHN J OCONNORTRUSTEE & TREASURER (END 1/29/24)

LAURA SENTRUSTEE

JILL GREENTHALTRUSTEE

JESSICA KNEZ DULACTRUSTEE

JENNIFER PERINITRUSTEE

JANE JAMIESONTRUSTEE

JANE BROCK-WILSONTRUSTEE

JAMES MCCANNTRUSTEE

HISE GIBSONTRUSTEE

HARVEY BERGER MDTRUSTEE

About this charity

Recognized since: January 1962
Location: 450 BROOKLINE AVENUE BP418, BOSTON, MA 02215-5418
County: Suffolk
In care of: % MELISSA CHAMMAS
Primary officer: MICHAEL L RENEY, CFO & ASSISTANT TREASURER

How to reach them

WebsiteVisit the charity’s website Emailerinc_mcveigh@dfci.harvard.edu Phone(617) 632-3000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Medical Research (H300)
IRS tax category: Voluntary Health Organizations
Grant-giving organization: Yes