Dana-farber Cancer Institute is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1962, with $3,471,594,710 in FY2023 revenue. CharityIndex grades it A+, and it directs about 92% of spending to programs.
Revenue (FY2023)
$3.5B
▲ 2.5% vs prior year
Medical Research median: $217K
Expenses (FY2023)
$3.4B
Net assets
$3.9B
Employees
9,211
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Dana-farber Cancer Institute: 92% to programs · $7 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dana-farber Cancer Institute: 14 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Dana-farber Cancer Institute: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dana-farber Cancer Institute: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Research scientific work at dana-farber is based on the premise that basic and clinical investigation are complementary and reinforcing activities. to encourage this cross-pollination of ideas, the institute has developed an organizational framework that fosters collaborations among investigators from different disciplines. the result is an intense scientific impact on a group of diseases that continue to represent one of humanitys greatest health challenges. some recent advances include: overcoming resistance to immunotherapy: a team of researchers at dana-farber and the broad institute of mit and harvard identified a pattern of gene activity in human melanoma cells that enables them to resist immunotherapy. the researchers demonstrated that a combination of therapies could overcome this resistance. parp inhibitors open two-front attack on cancer: dana-farber researchers showed that parp inhibitors drugs designed to kill cancer cells by hindering the repair of dna can also spark an immune system attack on such cells. preventive surgery and quality of life: as more young women with breast cancer opt to have mastectomies, many experience a persistent decline in their sexual and psychosocial well-being, dana-farber investigators reported. the findings underscored the importance of counseling patients about the potential long-term physical and emotional consequences of the procedure. blood test for cancer: in tests led by dana-farber researchers, a new blood test screened for numerous types of cancer with a high degree of accuracy. the test uses next-generation technology to probe dna within blood for chemical tags called methyl groups that influence gene activity. one-time education class for chronic insomnia: dana-farber investigators reported that a single-session sleep education program could often cure cancer survivors of chronic insomnia a common problem among survivors and that those who didnt benefit were often helped by a more extensive, but still modest, three-session program. exposure to second-hand vapor from e-cigarettes: a growing number of middle- and high-school students are being exposed to second-hand aerosols from e-cigarettes by living with or being around individuals who are vaping, according to a dana-farber analysis of national survey data. exercise benefits patients with advanced colorectal cancer: patients with metastatic colorectal cancer who engaged in moderate exercise while undergoing chemotherapy tended to have delayed progression of their disease and fewer side effects from treatment, a study by dana-farber and brigham and womens hospital researchers found. artificial intelligence tool shows promise: scientists at dana-farber demonstrated that an artificial intelligence tool could perform as well as human reviewers and much more rapidly in extracting clinical information on changes in tumors from unstructured radiology reports for patients with lung cancer. the tool performed comparably to trained human curators in detecting the presence of cancer and its response to treatment. immunotherapy and second drug show effectiveness in ovarian cancer: a combination of an immunotherapy drug and a dna repair-blocking agent can be significantly more effective than either drug alone in women with hard-to-treat ovarian cancer, a clinical trial led by dana-farber researchers indicated. the trial offered evidence that immunotherapies, which rarely have an impact against ovarian cancer as single agents, could produce a powerful anti-cancer response in tandem with other drugs. walking speed and outcomes in older patients: researchers at dana-farber and the va boston healthcare system uncovered a new vital sign for gauging survival and likelihood of having an unplanned hospitalization in older patients with blood cancers: the speed at which they can walk. the researchers reported that for every 0.1 meter per second decrease in how fast patients walk four meters, the risk of dying, unexpectedly going to the hospital,
Revenue grew from $1.1B (FY2013) to $3.5B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.3B
Total liabilities
$1.4B
Net assets
$3.9B
Salaries & benefits
$1.1B
32% of expenses
Board members
65
64 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,471,594,710▲2.5% | $3,358,144,757▲11.8% | $3,911,081,391▲16.4% | $5,348,876,627▲13.0% | 990 |
| 2022 | $3,387,587,769▲26.9% | $3,002,803,859▲17.4% | $3,360,574,839▲19.9% | $4,735,245,065▲10.4% | 990 |
| 2021 | $2,669,084,593▲10.4% | $2,558,704,532▲15.0% | $2,803,332,948▼4.8% | $4,291,020,227▼5.7% | 990 |
| 2020 | $2,417,795,330▲20.6% | $2,225,842,004▲13.0% | $2,944,069,670▲36.6% | $4,549,977,055▲16.5% | 990 |
| 2019 | $2,005,205,411▲1.0% | $1,969,358,412▲4.6% | $2,155,251,216▲10.8% | $3,905,849,954▲24.9% | 990 |
| 2018 | $1,985,509,644▲13.1% | $1,883,293,263▲12.0% | $1,944,454,268▲10.8% | $3,127,097,000▲8.2% | 990 |
| 2017 | $1,755,138,116▲17.4% | $1,681,302,389▲10.0% | $1,754,871,403▲14.6% | $2,890,706,000▲11.2% | 990 |
| 2016 | $1,495,111,225▲8.6% | $1,528,239,259▲13.6% | $1,531,530,095▲8.8% | $2,599,191,879▼1.9% | 990 |
| 2015 | $1,376,438,946▲14.4% | $1,344,974,674▲15.1% | $1,407,829,868▲7.3% | $2,650,084,956▲31.6% | 990 |
| 2014 | $1,203,290,144▲7.5% | $1,168,851,037▲9.9% | $1,312,343,649 | $2,014,332,365▲3.3% | 990 |
| 2013 | $1,119,142,679 | $1,063,213,455▲3.9% | $1,312,950,921▲11.0% | $1,950,186,370▲8.9% | 990 |
| 2012 | — | $1,023,723,858▲4.2% | $1,182,383,092▲14.1% | $1,790,428,005▲11.5% | 990 |
| 2011 | — | $982,077,009▲1.8% | $1,036,163,330▲10.1% | $1,605,048,122▲7.9% | 990 |
| 2010 | — | $965,097,718▲10.0% | $941,082,937▲5.3% | $1,487,621,685▲3.1% | 990 |
| 2009 | — | $877,321,613 | $893,628,021 | $1,442,940,004 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Laurie H Glimcher Md — $2,105,144 (0.06% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Laurie H Glimcher Md | Trustee, President & Ceo | 44 | $2,105,144 |
| William Hahn Md Phd | Coo & Evp | 49 | $1,299,728 |
| Elizabeth Liebow | Former Key Employee | 0 | $1,205,871 |
| Michael L Reney | Cfo & Assistant Treasurer | 46 | $1,098,939 |
| Craig A Bunnell Md Mph Mba | Chief Medical Officer | 50 | $963,956 |
| Melany Duval | Svp & Chief Philanthropy Officer | 50 | $938,328 |
| Robert Soiffer Md | Chair Executive Committee For Clinical Programs | 50 | $839,239 |
| Scott Armstrong Md Phd | Chair of Pediatric Oncology | 50 | $819,691 |
| Michael Constantine Md | Milford Med Dir-hematology/oncology | 50 | $800,852 |
| Bruce Johnson Md | Sr. Advisor To President & Ceo | 49 | $749,341 |
| Jeffrey Meyerhardt Md Mph | Chief Clinical Research Officer | 50 | $720,117 |
| Jennifer Willcox Esq | Asst Secretary & General Counsel | 50 | $692,134 |
| Maria Megdal | Svp Chief Administrative Officer | 50 | $670,345 |
| Kevin Haigis Phd | Chief Scientific Officer | 50 | $667,828 |
| Barrett J Rollins Md Phd | Sr. Advisor To President & Ceo | 50 | $546,650 |
| John O Chesley Esq | Counsel | 0 | $456,000 |
| Wendy Gettleman | Vp of Facilities Management & Real Estate | 50 | $389,597 |
| Sylvia A Bartel Rph Mhp | Sr. Vp of Pharmacy & Cpo | 50 | $360,265 |
| Benjamin Ebert Md Phd | Chair of Medical Oncology | 49 | $209,100 |
| Afsaneh Beschloss | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Brigham and Women's Hospital | Medical Services | $218,465,038 |
| Cardinal Health | Medical Services | $51,419,215 |
| South Shore Hospital | Medical Services | $30,341,819 |
| Advanced Accelerator Applications USA Inc | Radiotherapy | $30,133,420 |
| Cardinal Health 110 Inc | Medical Services | $26,322,891 |
1,196 grants to Dana-farber Cancer Institute totaling $1.2B, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Pan-massachusetts Challenge Inc | Cancer research | 2024 | $75,000,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $6,379,980 |
| Parker Institute For Cancer Immunotherapy | Support research in field of cancer immunotherapy | 2024 | $5,425,000 |
| Blood Cancer United Inc | Research grant | 2024 | $5,197,687 |
| American Cancer Society Inc | Support/research | 2024 | $3,193,000 |
| The V Foundation | Cancer research | 2024 | $2,800,000 |
| Commonwealth Foundation For Cancer Research Foundation | Support for clinical studies and to advance discoveries and new technologies in cancer research | 2024 | $2,500,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $1,219,984 |
| Susan G Komen Breast Cancer Foundation | Research | 2024 | $870,000 |
| Susan G Komen Breast Cancer Foundation | Research | 2024 | $729,735 |
| Paypal Charitable Giving Fund | General support | 2024 | $670,985 |
| Greater Horizons | Health, medicine & science | 2024 | $621,382 |
| Denver Foundation | Hospitals | 2024 | $513,938 |
| University of Miami | Research | 2024 | $499,498 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $444,333 |
30 grants totaling $4.2M in FY2023 — showing the 15 largest. All grants made by Dana-farber Cancer Institute →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Boston | Community support | $1,651,544 |
| President and Fellows of Harvard College | Cancer research and development | $1,433,691 |
| Alternatives For Community and Enviroment Inc | Community support | $200,000 |
| Familyaid Boston Inc | Community support | $181,362 |
| Boston Athletic Assoc | Community support | $130,000 |
| Greenroots Inc | Community support | $100,000 |
| Project Bread - the Walk For Hunger Inc | Community support | $99,834 |
| Friends of Dana-farber Cancer Institute | Cancer research and development | $50,000 |
| Blood Cancer United Inc | Cancer research and development | $50,000 |
| Team Maureen Inc | Community support | $30,000 |
| Prostate Health Education Network Inc | Cancer research and development | $30,000 |
| Oncology Nursing Foundation | Cancer research and development | $21,000 |
| Roxbury Community College Foundation Inc | Community support | $15,000 |
| Breast Cancer Research Foundation Inc | Cancer research and development | $15,000 |
| The Ellie Fund | Community support | $12,500 |
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Data for Dana-farber Cancer Institute (EIN 04-2263040) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.