![]() In that period, Komen saw its annual revenue rise by almost $100 million to $420 million and increased its spending on education. (Various other items accounted for the rest.)Īun did not immediately address the declining share of revenue that went to research in the past few years. ![]() The organization’s 2011 financial statement reports that 43 percent of donations were spent on education, 18 percent on fund-raising and administration, 15 percent on research awards and grants, 12 percent on screening and 5 percent on treatment. “We’re the only organization doing breast cancer on all these fronts - in research, global work, advocacy and community work.” “In 2011, 83 cents of every dollar spent went to mission programs,” spokeswoman Leslie Aun said in an email statement to Reuters. ![]() Komen reports spending a total of $685 million for research in the past 30 years, a considerable sum in private cancer philanthropy, and its money goes to a wide variety of initiatives. The annual financial statements cover April 1 through March 31. In 2008, that percentage reached 29 percent of donations. That proportion was down from 17 percent in 20. In 2011, the foundation spent 15 percent, or $63 million, of its donations on research awards that fund studies on everything from hard-core molecular biology to the quality of breast-cancer care for Medicaid patients. Komen’s financial statements since 2003 reveal how much the group known for its pink ribbon symbol spends on activities from research to education, screenings, treatment and fund-raising. ![]() Although it reversed that decision on Friday, the outcry has prompted a closer look from activists, media and lawmakers at how the charity powerhouse operates.Ĭritics within the philanthropic and research communities in particular have raised questions over its scientific approach to some issues and how it spends the money it raises. Komen has come under heavy public scrutiny since it moved last week to cut funding to Planned Parenthood, a women’s health network that provides birth control, abortions and other services. While the absolute dollar amount of those grants has steadily grown, it has not kept pace with the surge in donations Komen has received, a Reuters analysis of the group’s financial statements shows. Komen for the Cure founder Nancy Brinker making an address which aired on the organization's website on February 1, 2012. Still image taken from video shows Susan G. ![]()
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