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Massachusetts · Nonprofit

DANA-FARBER INC

DANA-FARBER INC (Massachusetts) receives grants from 156 organizations whose IRS filings report $24,132,227 to it, the largest being EXPECT MIRACLES FOUNDATION ($8,130,138). 62 of them have funded it in more than one year.

Revenue FY2025
$156M
Funders on record
156
Grants received
$24M
Net assets
$0
62/156 repeat funderspeak grant-dependency 6%
01What it does

What Dana-Farber Inc does

Mission

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.

As stated on its FY2025 Form 990.

Program

  1. Provides support to dana-farber cancer institute, inc. Through investment management services.

    $19,459,000 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $19,459,000.

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 ($49M) Expenses 100 ($6.1M)2018 Revenue 131 ($65M) Expenses 162 ($9.9M)2019 Revenue 164 ($81M) Expenses 188 ($12M)2020 Revenue 84 ($41M) Expenses 167 ($10M)2021 Revenue 402 ($198M) Expenses 607 ($37M)2022 Revenue 223 ($110M) Expenses 317 ($19M)2023 Revenue 104 ($51M) Expenses 204 ($13M)2024 Revenue 245 ($121M) Expenses 310 ($19M)2025 Revenue 318 ($156M) Expenses 317 ($19M)
'17'18'19'20'21'22'23'24'25
Revenue (318)Expenses (317)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 2020 to 2021, from $1.7B to $2.4B (+39%).

$1.2B
$1.3B
$1.4B
$1.7B
$2.4B
$2.2B
$2.7B
$3.1B
$3.6B
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

0% of DANA-FARBER INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (3% for the typical peer).

This organization
Typical peer · 18 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$43M
’17
$55M
’18
$69M
’19
$31M
’20
$161M
’21
$90M
’22
$38M
’23
$102M
’24
$137M
’25
61
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

Benjamin Ebert MD PhD

Trustee, president, & CEO (as of 10/1/24)

Board chair

Joshua Bekenstein

Trustee & Chairman

As listed on its FY2025 Form 990.

2017201820192020202120242025
Listed911910988
Joined·+3+1+1+1·+1
No longer listed·1302·1
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 28 funders to 36 funders, grant income rose $987k → $2.8M.

3 of 156 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 DANA-FARBER INC’s funders (the co-funder graph). Top 30 of 156 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

DANA-FARBER INC leans on a few funders — its largest provides 34% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

35% 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 DANA-FARBER INC.

34%
largest funder
65%
top three
~5
effective funders

Largest funder’s share by year: 2017 80% · 2018 78% · 2019 62% · 2020 42% · 2021 36% · 2022 51% · 2023 35% — diversifying over time.

“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

22% of DANA-FARBER INC's funders are still giving 3 years after their first grant; 40% 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

85% of DANA-FARBER INC's grant income comes from Massachusetts funders.

ME
VT
NH
IL
WI
NY
MA
PA
NJ
CT
RI
CA
VA
MD
AZ
KS
NC
DC
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $119k arriving through sponsors registered in 3 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

DANA-FARBER INC runs a healthier operating margin than three-quarters of the 12 unclassified nonprofits its size.

Operating margin88% · top quartile
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 12 unclassified nonprofits over $100M, FY2025

Organizations like DANA-FARBER INC

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 Massachusetts

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

MA
CA

Part of a family of 5 related entities

  • Binney Street Capital Fund LLC · disregarded
  • Dana-Farber Cancer Institute Inc · exempt
  • The Dana-Farber Trust Inc · exempt
  • Friends of Dana-Farber Cancer Institute · exempt
  • Dana-Farber Cancer Care Network Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for DANA-FARBER INC: 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.

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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 DANA-FARBER INC?
DANA-FARBER INC (Massachusetts) receives grants from 156 organizations whose IRS filings report $24,132,227 to it, the largest being EXPECT MIRACLES FOUNDATION ($8,130,138). 62 of them have funded it in more than one year.
How many funders does DANA-FARBER INC have?
IRS filings report 156 organizations giving $24,132,227 in grants to DANA-FARBER INC, 62 of which have funded it in more than one year.
Who is the largest funder of DANA-FARBER INC?
EXPECT MIRACLES FOUNDATION is the largest funder on record, with $8,130,138 in grants. The full list of funders is on this page.
How can an organization like DANA-FARBER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Dana-Farber →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 156 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