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Breakthrough T1D's Event Giving Held Steady While Its Other Gifts Grew. What Can a Smaller Organization Learn?

A line-by-line read of Breakthrough T1D's FY2025 Form 990, showing where its contribution growth came from and how an organization of any size can treat event participants as a giving pipeline.

By Donor Insights · Published October 9, 2026 · 15 min read

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Key takeaways

  • Breakthrough T1D reported $277.0M in contributions in FY2025, up from $211.6M the year before, on total revenue of $301.7M (FY2025 Form 990, Part I, lines 8 and 12).
  • Contributions from fundraising events were $103.0M in FY2025, close to the prior year's $100.2M, while all other contributions rose from $108.5M to $171.0M (Part VIII, lines 1c and 1f, FY2025 and FY2024 filings).
  • Events fell from about 47% to about 37% of contributions because the rest of the gift base grew faster, not because events shrank. That share is our arithmetic from the filing lines.
  • Fundraising expenses of $50.6M came to about 18 cents per contributed dollar in FY2025, against about 19 cents the year before (our calculation from Part IX, line 25, column D).
  • The filing cannot show which donors produced the $62.5M rise in other contributions. For a smaller organization, the lesson is to track event participants as a pipeline into year-round giving and to measure that conversion on its own file.

A smaller organization can learn one clear lesson from Breakthrough T1D's latest public filing: a steady event program and a growing gift base can live side by side, and in this filing the growth came from gifts outside the events. In its fiscal year ending June 30, 2025, Breakthrough T1D reported $277.0M in contributions, up from $211.6M the year before (FY2025 Form 990, Part I, line 8). Contributions from fundraising events came to $103.0M (Part VIII, line 1c), close to the $100.2M reported a year earlier (FY2024 Form 990, Part VIII, line 1c). The line for all other contributions, which covers gifts from individuals, companies, and grantmakers outside events, rose from $108.5M to $171.0M (Part VIII, line 1f). This article reads the filing line by line, says what it shows and what it cannot show, and turns the pattern into steps an organization of any size can run on its own donor file.

$277.0M
in contributions reported by Breakthrough T1D for the fiscal year ending June 30, 2025, up from $211.6M the year before — Breakthrough T1D FY2025 Form 990, Part I, line 8 (ProPublica)

What does the FY2025 filing show at a glance?

The table below collects the figures a careful reader would pull from the FY2025 Form 990 before interpreting any of them. The middle column is what the filing reports, with its part and line. The right column names the question each figure raises that only the organization's own donor records could answer.

Breakthrough T1D public scorecard, fiscal year ending June 30, 2025 (FY2025 Form 990 via ProPublica, part and line cited in each row)
MetricPublic value (FY2025)What a donor file would confirm
Total revenue$301.7M (Part I, line 12)How much of the year rests on a small number of large gifts
Contributions$277.0M (Part I, line 8)How many donors gave, and how many gave for the first time
Event contributions$103.0M (Part VIII, line 1c)How many event participants gave again outside the event
All other contributions$171.0M (Part VIII, line 1f)Which donors produced the rise: former walkers, major donors, or estates
Government grants$0 (Part VIII, line 1e)Nothing further, since the base is entirely private
Total expenses$281.0M (Part IX, line 25)Which fundraising channels returned the most per dollar spent
Net assets, year-end$350.6M (Part I, line 22)Nothing donor-level, since reserves are an accounting total
Volunteers235,000, an estimate (Part I, line 6)How many volunteers are also donors, and at what level

What is Breakthrough T1D doing well?

Breakthrough T1D funds research into type 1 diabetes, an autoimmune condition in which the body stops making insulin. Its filing states the mission in one line: "improving lives by accelerating breakthroughs to cure, prevent and treat T1D" (Part I, line 1). The organization was known as JDRF until June 4, 2024, when it announced its new name. Research funding is the largest program by expense: the filing reports $121.7M of expense for the research-funding program, all of it reported as grants, and its narrative gives $121.1M of research grant expense, net, under accounting rules, plus $15.5M of research investments held on the balance sheet (Part III, line 4a), and the organization states on its research page that it has funded more than $2.5 billion in research since its founding in 1970, an organization-reported cumulative figure.

The second visible strength is a very large volunteer community. The filing estimates 235,000 volunteers (Part I, line 6), against 688 employees (Part I, line 5). In a February 2026 release, the organization described "over 120 Breakthrough T1D Walks across the country" (Breakthrough T1D via PR Newswire, 2026). A walk is a peer-to-peer event: each participant asks friends and family to sponsor them, so every participant is also a small-scale fundraiser who brings new names into the organization's records. The third strength is that the whole base is private. The filing reports no government grants (Part VIII, line 1e), so every contributed dollar came from a person, a company, or a grantmaker who chose to give.

235,000
volunteers estimated on Breakthrough T1D's FY2025 Form 990, against 688 employees, a volunteer community far larger than its staff — Breakthrough T1D FY2025 Form 990, Part I, lines 5 and 6

What does the revenue path show?

$0.0M$125.0M$250.0M$375.0M$500.0MRevenueExpensesFY2023FY2024FY2025
Breakthrough T1D total revenue and total expenses by fiscal year (years end June 30), in millions. FY2023 and FY2024 are trend context from the prior-year columns of the FY2024 and FY2025 filings.
CategoryRevenueExpenses
FY2023$223.8M$215.8M
FY2024$258.1M$232.1M
FY2025$301.7M$281.0M
Breakthrough T1D total revenue and total expenses by fiscal year (years end June 30), in millions. FY2023 and FY2024 are trend context from the prior-year columns of the FY2024 and FY2025 filings. — Breakthrough T1D Form 990, Part I, lines 12 and 18 (ProPublica)

Total revenue reached $301.7M in FY2025 (Part I, line 12) against total expenses of $281.0M (Part I, line 18), which left revenue $20.7M above expenses (Part I, line 19). The fiscal year ends on June 30 in every year shown, so there is no short or stub year in this comparison, and the three years can be read side by side.

One detail keeps the growth figures honest. Total revenue grew about 17% from the prior year, while contributions grew about 31% (our arithmetic from Part I, lines 8 and 12). The two rates differ because the prior year included $21.8M of revenue reported as program-related investment income on the program service revenue line (FY2024 Form 990, Part VIII, line 2a), and that line is zero in FY2025 (Part I, line 9). A reader who compared only total revenue would understate how much the gift base grew.

Breakthrough T1D revenue, contributions, and expenses, fiscal year ending June 30, 2025, with the prior year as trend context (FY2025 Form 990, Part I)
LineFY2024 (trend context)FY2025
Contributions (line 8)$211.6M$277.0M
Program service revenue (line 9)$21.8M$0
Investment income (line 10)$23.2M$13.8M
Total revenue (line 12)$258.1M$301.7M
Total expenses (line 18)$232.1M$281.0M
Revenue less expenses (line 19)$26.0M$20.7M
$301.7M
Breakthrough T1D's total revenue for the fiscal year ending June 30, 2025, $20.7M above its total expenses of $281.0M — Breakthrough T1D FY2025 Form 990, Part I, lines 12, 18, and 19

Where did the contribution growth come from?

Part VIII of Form 990 splits contributions into categories. Line 1c holds the contribution portion of fundraising events: the part of a walk sponsorship, gala ticket, or table purchase that was a gift rather than payment for a meal or an item. Line 1f holds all other contributions, which for an organization like this one means gifts from individuals, companies, and grantmakers that did not arrive through an event, a federated campaign, or a government grant. The chart compares those two lines across the last two filings.

$0.0M$50.0M$100.0M$150.0M$200.0MEvent contributions (1c)All other contributions (1f)FY2024FY2025
Breakthrough T1D contributions from fundraising events (Part VIII, line 1c) and all other contributions (Part VIII, line 1f), in millions. FY2024 is trend context from the FY2024 filing.
CategoryEvent contributions (1c)All other contributions (1f)
FY2024$100.2M$108.5M
FY2025$103.0M$171.0M
Breakthrough T1D contributions from fundraising events (Part VIII, line 1c) and all other contributions (Part VIII, line 1f), in millions. FY2024 is trend context from the FY2024 filing. — Breakthrough T1D FY2025 and FY2024 Form 990, Part VIII, lines 1c and 1f

Event contributions rose by about $2.8M, from $100.2M to $103.0M. All other contributions rose by about $62.5M, from $108.5M to $171.0M (FY2025 Part VIII, lines 1c and 1f, against the same lines in the FY2024 filing). Workplace giving campaigns, reported on line 1a, supplied the remaining $3.1M of FY2025 contributions. Total contributions rose by about $65.5M, so nearly all of the year's contribution growth came from outside the event line. By our arithmetic, events were about 47% of contributions in FY2024 and about 37% in FY2025. The share fell because the rest of the base grew faster. The event program itself held its size.

The filing also shows what the events cost to stage. Beyond the $103.0M counted as contributions, events brought in $30.2M of gross event income (Part VIII, line 8a), which is the portion of receipts that paid for something participants received, against $20.8M of direct event expenses such as venues and meals (Part VIII, line 8b). The form subtracts those direct expenses from event income, so they are not part of the $50.6M fundraising total discussed below. Under the Form 990 instructions, staff time spent organizing events is not in line 8b. It belongs in the fundraising column of Part IX, which is why direct event costs alone understate what an event program costs to run.

$62.5M
the rise in Breakthrough T1D's contributions outside events in FY2025 ($108.5M to $171.0M), against a $2.8M rise in event contributions over the same year — Breakthrough T1D FY2025 and FY2024 Form 990, Part VIII, lines 1c and 1f

Is there capacity to fund growth?

$302.9M$316.1M$329.3M$342.6M$355.8MFY2023FY2024FY2025
Breakthrough T1D net assets at fiscal year-end, in millions. FY2023 and FY2024 are trend context from the FY2024 and FY2025 filings.
CategoryNet assets, year-end
FY2023$307.2M
FY2024$331.1M
FY2025$350.6M
Breakthrough T1D net assets at fiscal year-end, in millions. FY2023 and FY2024 are trend context from the FY2024 and FY2025 filings. — Breakthrough T1D Form 990, Part I, line 22 (ProPublica)

Net assets, the accounting measure of what an organization owns minus what it owes, stood at $350.6M at June 30, 2025 (Part I, line 22). The composition changed during the year. Net assets without donor restrictions, which the board can direct to any purpose, moved from $262.7M to $230.7M (Part X, line 27). Net assets with donor restrictions, which must be used as donors specified, moved from $68.4M to $119.9M (Part X, line 28). The filing does not explain the shift between the two categories, and research funders often commit money over several years, so the movement should not be read as spending down reserves without the audited statements and their notes.

$350.6M
Breakthrough T1D's net assets at June 30, 2025: $230.7M without donor restrictions and $119.9M with donor restrictions — Breakthrough T1D FY2025 Form 990, Part I, line 22, and Part X, lines 27 and 28

Where does the money go?

FY2025
  • Program services75%
  • Fundraising18%
  • Management and general7%
Breakthrough T1D functional expenses for the fiscal year ending June 30, 2025, in millions (total $281.0M)
SegmentValueShare
Program services210.575%
Fundraising50.618%
Management and general19.97%
Breakthrough T1D functional expenses for the fiscal year ending June 30, 2025, in millions (total $281.0M) — Breakthrough T1D FY2025 Form 990, Part IX, line 25, columns B to D

Form 990 requires every expense to be assigned to one of three functions. Program services were $210.5M, about 75% of total expenses. Management and general was $19.9M, about 7%. Fundraising was $50.6M, about 18% (Part IX, line 25, columns B, C, and D). Of the program total, grants to organizations in the United States were $78.8M and grants to organizations abroad were $42.9M (Part IX, lines 1 and 3), which matches the research-grant model described in Part III.

A useful efficiency check for any organization is the cost to raise a dollar: fundraising expense divided by contributions. For Breakthrough T1D, $50.6M of fundraising expense against $277.0M of contributions comes to about 18 cents per contributed dollar in FY2025. The same arithmetic on the FY2024 filing gives about 19 cents (FY2024 Form 990, Part IX, line 25, column D). Both ratios are our calculations. For comparisons across organizations, the house guide to fundraising KPIs explains why the cost to raise a dollar should always be read next to donor retention.

18 cents
Breakthrough T1D's fundraising expense per contributed dollar in FY2025 ($50.6M against $277.0M), our calculation, against about 19 cents the year before — Breakthrough T1D FY2025 Form 990, Part IX, line 25, and Part VIII, line 1h

What can the public filing not reveal?

Every figure so far is a category total. The questions that decide whether an event program keeps paying off are about individual donors, and a Form 990 never reports individual donors. The table lists the questions a development director would need the donor file to answer, and why each one matters for planning. Our guide to event donor value covers the general economics, and the guide to peer-to-peer donor value covers the sponsors that walk participants bring in.

Donor-level questions the Form 990 cannot answer, the measure each one needs, and why it matters for planning
The questionThe measure it needsWhy it matters
Do event participants give outside the event?Share of participants with a non-event gift within 12 monthsIt tells you whether the event is an entry point or a closed loop
Do sponsors of participants give again?Second-gift rate of first-time sponsorsSponsors are new names, and most will not give again without an invitation
Who produced the rise in other contributions?Growth decomposed by donor segment and gift sizeA rise from a few large gifts plans differently from a rise across many donors
How concentrated is the year?Share of contributions from the top 1% of donorsOne non-repeating gift can set a budget that the next year cannot meet
Which channels pay back?Two-year value returned per acquisition sourceAn event can look expensive per dollar and still bring in the best long-term donors

How would you sort event participants into a pipeline?

The same way any organization sorts a donor file before deciding who gets the next message. Rank donors by recency, frequency, and value, the RFM method that orders a list by who gave most recently, how often, and how much. Then place each person in a lifecycle stage that names the next action. For an organization with events, the four stages below follow a participant from the first walk to a year-round relationship.

A four-stage pipeline for event participants and their sponsors, with the next action for each stage
StageWho is in itThe next action
AcquireFirst-time walkers, first-time sponsors, first-time gala guestsA thank-you within days that names the result of the event, plus one non-event invitation
ConvertParticipants and sponsors who gave once outside an eventAn invitation to monthly giving or a second gift tied to a specific program
RetainDonors who give both at events and between themRegular updates on the research their gifts support, and a personal contact for the highest givers
ReactivatePast participants who skipped this year's event and gave nothing elseA personal note before registration opens, sized by their past giving

What can an organization with events do now?

None of these steps needs a new system to begin. In order of expected return:

  1. 1.Tag every event participant and every sponsor in the donor record at the moment of the gift, so an event name is never the only record of how a person arrived.
  2. 2.Measure the share of last year's first-time sponsors who made any gift outside the event within 12 months. That one rate tells you whether the event program feeds the year-round base.
  3. 3.Send every first-time sponsor a thank-you from the organization, not only from the participant, with one clear invitation to give again. Our guide to the second gift covers the timing.
  4. 4.Split contribution growth by donor segment before you set next year's budget, so a year lifted by a few large gifts is not planned as a new baseline.
  5. 5.Report event revenue and non-event revenue as separate lines to your board, the way Form 990 does, and read each line's growth on its own.

The sector baseline explains why the second step comes early. In the Fundraising Effectiveness Project's Q4 2025 report, which covers 15,102 organizations, overall donor retention was 43.3% in 2025, meaning fewer than half of the donors who gave in 2024 gave again in 2025. Event sponsors are often first-time donors, and first-time donors return at lower rates than repeat donors, so the event pipeline is where an invitation matters most.

“Overall retention edged up from 43.1% to 43.3%, with repeat donor retention improving.”
Fundraising Effectiveness Project, Q4 2025 report (2025 data, 15,102 organizations)

So what would you do next?

The public filing takes this analysis to the edge of the useful questions and stops there. It shows that Breakthrough T1D's event contributions held near $103M while its other contributions rose by $62.5M. It cannot show how many walkers became year-round donors, which is the number that tells an event organization whether its events are building the base. That number lives in each organization's own giving records. Donor Insights reads those records and returns a prioritized action file: first-time sponsors due a second invitation, past participants who have gone quiet, and year-round donors close to an upgrade. The methodology starts from your own giving records, and your team runs each outreach step in its own tools.

From there the work is steady and familiar. You thank the new sponsors, invite them back, and watch the share who give between events rise, so each walk season adds donors to the base instead of starting from the same list. To see the event pipeline measured on your own file, start with your own data.

Frequently asked questions

Did Breakthrough T1D's event fundraising decline?
No. Contributions from fundraising events were $103.0M in FY2025, slightly above the $100.2M in FY2024 (Part VIII, line 1c of each filing). Events fell as a share of total contributions, from about 47% to about 37% by our arithmetic, because contributions outside events grew much faster. The event program held its size.
Which fiscal year does this article cover?
The fiscal year from July 1, 2024 to June 30, 2025, called FY2025 here. The IRS files that year on the version of Form 990 labeled 2024, because the year began in 2024. Prior years appear only as labeled trend context.
Is this analysis based on Breakthrough T1D's private data?
No. Every financial figure comes from the organization's public Form 990 as published by ProPublica, cited by part and line. Other facts come from the organization's own public pages. No donor-level data is used, and every statement about donor behavior is labeled as an interpretation or a question.
Why did total revenue grow more slowly than contributions?
The FY2024 filing reported $21.8M of program-related investment income on the program service revenue line (Part VIII, line 2a), and that line was zero in FY2025. Total revenue therefore grew about 17% while contributions grew about 31%.
What does the 18 cents per dollar figure mean?
It is fundraising expense ($50.6M, Part IX, line 25, column D) divided by contributions ($277.0M, Part VIII, line 1h). It is our calculation, not a figure the organization reports. It measures cost per dollar raised in one year and says nothing about how long donors stay.
How can a small organization with one annual event use this?
Record every participant and sponsor as a donor, measure the share of first-time sponsors who give again outside the event within 12 months, and send each sponsor a thank-you and one invitation from the organization itself. That rate is the clearest measure of whether the event builds the base.

Sources

  1. Breakthrough T1D (EIN 23-1907729), IRS Form 990 for the fiscal year ending June 30, 2025 (FY2025, filed on the 2024 form), full filing via ProPublica Nonprofit Explorer
  2. Breakthrough T1D, IRS Form 990 for the fiscal year ending June 30, 2024 (FY2024, trend context), full filing via ProPublica Nonprofit Explorer
  3. Breakthrough T1D (2024). JDRF is now Breakthrough T1D. Press release, June 4, 2024
  4. Breakthrough T1D (2026). Breakthrough T1D kicks off 2026 walks. PR Newswire, February 2026 (walk count)
  5. Breakthrough T1D. Explore research (organization-reported research funding since 1970, accessed 2026)
  6. Fundraising Effectiveness Project (2026). Q4 2025 report. 2025 data, 15,102 organizations

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