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Maryland · Nonprofit

CYSTIC FIBROSIS FOUNDATION

CYSTIC FIBROSIS FOUNDATION (Maryland) receives grants from 1424 organizations whose IRS filings report $96,423,638 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,611,213). 747 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$356M
Funders on record
1,424
Grants received
$96M
Net assets
$4.7B
747/1424 repeat funderspeak grant-dependency 5%
01What it does

What Cystic Fibrosis Foundation does

Mission

To cure cf and provide all people with cf the opportunity to lead long, fulfilling lives by funding research and drug development, partnering with the cf community, and advancing high-quality, specialized care.

As stated on its FY2024 Form 990.

Programs

  1. Medical Program Expenses. SEE SCHEDULE O.

    $306,392,964 spentof which $198,809,390 as grants$16,435,185 earned by the program
    88% of program spending
  2. Education Program Expenses. See Schedule O.

    $22,163,320 spent
    6% of program spending
  3. Community Service Program Expenses. SEE SCHEDULE O.

    $18,153,082 spentof which $3,207,776 as grants
    5% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $346,709,366.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($275M) Expenses 100 ($293M) Net assets 100 ($4.2B)2018 Revenue 100 ($276M) Expenses 115 ($338M) Net assets 90 ($3.8B)2019 Revenue 220 ($606M) Expenses 119 ($349M) Net assets 101 ($4.2B)2020 Revenue 291 ($801M) Expenses 130 ($381M) Net assets 122 ($5.1B)2021 Revenue 151 ($417M) Expenses 128 ($376M) Net assets 129 ($5.4B)2022 Revenue 90 ($249M) Expenses 135 ($397M) Net assets 106 ($4.4B)2023 Revenue 106 ($292M) Expenses 151 ($443M) Net assets 110 ($4.6B)2024 Revenue 129 ($356M) Expenses 150 ($439M) Net assets 112 ($4.7B)
'17'18'19'20'21'22'23'24
Revenue (129)Expenses (150)Net assets (112)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.7B to $4.7B (−17%).

$4.4B
$4.0B
$4.5B
$5.4B
$5.7B
$4.7B
$4.9B
$5.0B
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

27% of CYSTIC FIBROSIS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$17M
’17
−$62M
’18
$257M
’19
$419M
’20
$42M
’21
−$148M
’22
−$151M
’23
−$83M
’24
2.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael P Boyle Md

President & CEO

Board chair

Kc Bryan White

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24
Listed3130282933322829
Joined·+3+4+4+5+5+5+3
No longer listed·4631692
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 387 funders to 465 funders, grant income rose $6.7M → $15M.

126 of 1424 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CYSTIC FIBROSIS FOUNDATION’s funders (the co-funder graph). Top 30 of 1424 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CYSTIC FIBROSIS FOUNDATION has a broad base — no single funder exceeds 18% of grant income, and it takes 15 funders to reach half.

the vertical line marks half of all grant income — 15 funders to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CYSTIC FIBROSIS FOUNDATION.

18%
largest funder
30%
top three
~22
effective funders

Largest funder’s share by year: 2017 16% · 2018 8% · 2019 21% · 2020 19% · 2021 20% · 2022 17% · 2023 16% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

32% of CYSTIC FIBROSIS FOUNDATION's funders are still giving 3 years after their first grant; 52% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of CYSTIC FIBROSIS FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $43M that is directly attributable, 96% of it comes from funders outside Maryland, across 50 states.

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $53M arriving through sponsors registered in 39 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CYSTIC FIBROSIS FOUNDATION holds deeper cash reserves than three-quarters of the 2,076 health nonprofits its size.

Operating margin−23% · bottom quartile
Months of reserve2.5mo · top quartile
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 2,076 health nonprofits over $100M, FY2024

Government funding CYSTIC FIBROSIS FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6k on record.

State$6k
04
22
25
By state
  • NJ$4k
  • FL$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CYSTIC FIBROSIS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 13%Fundraising 8%

Governance

17
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

47%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 29 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
UT
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Part of a family of 9 related entities

  • Oaktree QR CLV LP · disregarded
  • Cystic Fibrosis Foundation Therapeutics Inc · exempt
  • Axar Qr Opportunistic Credit Fund LP · partnership
  • Lf-Cff Incubator Fund II LP · partnership
  • Lf-Cff Incubator Fund LP · partnership

Screen this organization

A dated, signed PDF of the compliance screen for CYSTIC FIBROSIS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CYSTIC FIBROSIS FOUNDATION?
CYSTIC FIBROSIS FOUNDATION (Maryland) receives grants from 1424 organizations whose IRS filings report $96,423,638 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($17,611,213). 747 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CYSTIC FIBROSIS FOUNDATION have?
IRS filings report 1424 organizations giving $96,423,638 in grants to CYSTIC FIBROSIS FOUNDATION, 747 of which have funded it in more than one year.
Who is the largest funder of CYSTIC FIBROSIS FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $17,611,213 in grants. The full list of funders is on this page.
How can an organization like CYSTIC FIBROSIS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1424 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing