Overview
What is Dana-Farber Inc?
Dana-Farber Inc is a Boston-based nonprofit organization situated at 450 Brookline Ave, BP418, with a ZIP code of 02215. The primary objective of this organization is to support the exempt missions of Dana-Farber Cancer Institute and to provide investment management services. By promoting and backing the charitable initiatives of Dana-Farber Cancer Institute, Dana-Farber Inc plays a crucial role in furthering its cancer research, diagnosis, and treatment efforts. With a focus on financial management and investment services, the organization contributes to the Institute's financial stability and growth.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Dana-Farber Inc has earned a solid Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating reflects a comprehensive assessment of the organization’s adherence to best practices in governance and transparency, with a strong overall score derived from its Accountability & Finance metrics.
The organization boasts a high percentage of independent board members, ensuring diverse oversight, and its financial practices are robust, with no recorded material diversion of assets. Additionally, Dana-Farber has established thorough policies on conflicts of interest, whistleblower protections, and document retention, indicating a commitment to ethical management and operational integrity.
Despite the strengths highlighted in accountability and financial governance, the organization’s overall score is derived solely from the Accountability & Finance beacon, which suggests limited information may be available regarding other aspects such as impact or effectiveness in fulfilling its mission. Nonetheless, the impressive program expense ratio reinforces Dana-Farber’s dedication to utilizing resources for its core programs.
This AI summary has been generated from information found on Charity Navigator.
Is Dana-Farber Inc legitimate?
Dana-Farber Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dana-Farber Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Dana-Farber Inc?
Dana-Farber Inc serves a vital role in supporting the exempt missions of Dana-Farber Cancer Institute. Its primary activities include promoting the Institute's objectives and offering investment management services. The organization's dedication extends to bolstering the Institute's efforts to make a difference in the cancer community. By providing investment management services, Dana-Farber Inc contributes to the financial stability of the Institute, enabling it to continue its groundbreaking research and patient care programs. Its commitment to the Institute underpins its mission to contribute to the advancement of cancer treatments and care for those in need.
Who is the CEO of Dana-Farber Inc?
Unavailable
What is the revenue of Dana-Farber Inc?
Dana-Farber Inc's revenue in 2022 was $109,775,024.
Who are the executives of Dana-Farber Inc and what are their salaries?
There 3 volunteers at Dana-Farber Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $3,672,655
- Other: $321,403
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $232,569
- Other: $17,271
- Compensation: $0
- Related: $617,744
- Other: $31,945
- Compensation: $0
- Related: $835,469
- Other: $37,481
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $2,163,654
- Other: $51,485
- Compensation: $0
- Related: $799,400
- Other: $51,348
Where can I find the form 990 for Dana-Farber Inc?
Dana-Farber Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dana-Farber Inc
Dana-Farber Inc is a vital organization that champions and reinforces the noble missions of Dana-Farber Cancer Institute. By offering investment management services, Dana-Farber Inc plays a pivotal role in enhancing the capabilities and resources of the esteemed cancer research institution.
In essence, Dana-Farber Inc functions as a dedicated partner to Dana-Farber Cancer Institute, working behind the scenes to ensure the exempt organization thrives in its quest to find cures and provide exceptional care for cancer patients. Through its investment management expertise, Dana-Farber Inc supports the institute's groundbreaking research, state-of-the-art treatments, and comprehensive patient care programs.
The organization's unwavering commitment to the Dana-Farber Cancer Institute is evident in its tireless efforts to secure the financial means necessary for the institution to continue its life-saving work. Dana-Farber Inc's mission extends beyond fundraising, as its investment management services contribute to the overall financial stability and growth of the organization. By expertly managing the institute's investments, Dana-Farber Inc frees up valuable resources that can be allocated towards advancing cancer research and improving patient care.
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Impact
October, 2024
Dana-Farber Inc plays a crucial role in enhancing cancer research and patient care through its support of the Dana-Farber Cancer Institute. By providing investment management services, it ensures that vital resources are directed towards innovative cancer treatments and groundbreaking research initiatives. The organization is pivotal in fostering advancements in oncology, contributing to improved outcomes for patients, and promoting the overall mission of the Dana-Farber Cancer Institute. This impact extends to the community in Boston and beyond, as their efforts help to push the boundaries of scientific understanding and clinical practice in the fight against cancer.
This information is meant to be a general summary of Dana-Farber Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $109,775,024
- Gross Receipts: $736,987,138
Assets and Liabilities:
- Total Assets: $2,249,079,462
- Total Liabilities: $2,249,079,462
- Net Assets: $0
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Organization Details
Founding Year
1990
Phone
(617) 632-3000Main Address
450 BROOKLINE AVE BP418, BOSTON, MA, 02215
NTEE Category
Code: Z99 - Unknown
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