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In response to
"If Komen never had given to Planned Parenthood, that would be another matter. But withdrawing funding for the reasons they gave..."
by
Mop
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more complains about Komen arise, they sue any groups actually doing research if they use the phrase 'for the cure' even though only a small percent..
Posted by
zeitgeist
Feb 1 '12, 19:38
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percentage of other donations go to actual research...cut n paste:
Here's a quick review for 2009:
Komen took in $331,328,414 in donations and revenues.
Komen's General Administration costs, in 2009, were $37,148,000.
... Their total fundraising costs across all programs were $29,496,000.
In the same year, the total amount given out, or allocated to:
Research was $70,147,000
Educational programs were $135,529,000
Screening was $39,653,000, and
Treatment assistance was $22,330,000.
Let's stop right here for a moment and reflect.
A organization that is actively pursuing other small charities over the use of the term "for the cure" does NOT spend the majority of their own funds towards RESEARCH FOR A CURE.
In 2009, according to Komen's Audited Financial Statements[links to PDF], the organization awarded $59,179,051 in research grants out of the total $70,147,000 that makes up the reseach figure. The remaining amount went to fees, travel, salaries, and other costs of business.
So, out of the $331,328,414 raised by public support and revenues, only $59,179,051 went to RESEARCH FOR A CURE. Only 17% of the donations received and revenue earned by Komen in 2009 went to "finding a cure."
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