- Total income
- Administrative expenses
- Fundraising expenses
- Program percentage
- Accessible financial information
- Donor communication
Susan G. Komen For the Cure reported a total income of $250,276,362 in its 2015 financial statement, which is lower than its reported income of $287,409,269 in 2014. It appears as if the organization’s income is on a downward trend, with 2013 income totaling $325,202,243 and 2012 income totaling $398,964,568.
According to Susan G. Komen For the Cure’s 2015 financial statement, $20,719,400 of its income was spent on administrative expenses. In 2014, Nancy Brinker, the organization’s Global Strategy Chair, received a salary of $646,000 and CEO Dr. Judith Salerno received a salary of $475,000.
In 2015, Susan G. Komen For the Cure spent $31,992,548 on fundraising, which is about 10 percent of the organization’s annual revenue.
On average, Susan G. Komen For the Cure uses about 80 to 86 percent of its income to support its program. The primary focus of the charity is education, with research being the secondary focus.
Accessible Financial Information
Susan G. Komen For the Cure has published its annual reports for 2009 to 2015, its audited financial statements for 2010 to 2015, and its Form 990s for 2010 to 2015 on the Financial Information page of its website. These reports are comprehensive.
In addition to receiving documentation of their tax-deductible gifts to Susan G. Komen For the Cure, all donors will receive the charity’s national newsletter, which highlights current education campaigns and research. Donors have also reported receiving periodic communication from the charity requesting further contributions or alerting them about events in their area.
The most prestigious award given to Susan G. Komen For the Cure is the CEO Cancer Gold StandardTM accreditation, which has been annually awarded to the organization since 2010. This award recognizes the organization’s focus on education and prevention in its fight against breast cancer.
- Negative press
Susan G. Komen For the Cure has received the following negative press:
In 2012, Susan G. Komen For the Cure announced that it would no longer provide grants to Planned Parenthood for breast care. This resulted in a drop of donations and the charity canceling some of their previously-scheduled races. The charity released a clarifying statement in 2015 stating that it supported breast cancer screenings and outreach at eleven Planned Parenthood locations with a grant of $465,000.
Nancy Brinker Salary
Another issue that has been frequently addressed in the press is the large salaries drawn by Susan G. Komen For the Cure’s founder, Nancy Brinker. Ken Berger, the president and CEO of Charity Navigator, stated that her salary was “extremely high” for the size and scope of the charity.
There has been criticism about some of the products marketed with ties to Susan G. Komen For the Cure. Products range from water bottles to perfumes and are said to contain ingredients which supposedly increase the risk of breast cancer.
Trademarking the Phrase “For the Cure”
Susan G. Komen has controversially trademarked the phrase “For the Cure” and actively protects it legally. This has resulted in many smaller foundations receiving communication from Susan G. Komen’s aggressive legal team threatening litigation. While trademarks should be protected, this is seen by many as being excessive and of bad form, considering that there are many diseases for which people want to help find cures to.
Susan G. Komen For the Cure states that its mission is primarily education and awareness. There is nothing wrong with this mission, but many people wrongfully assume that the primary focus of the organization is finding a cure for breast cancer.
Frequently Asked Questions
What is Susan G. Komen For the Cure’s nonprofit status?
Susan G. Komen For the Cure is registered as a nonprofit – 501(c)(3) and is headquartered in Texas. Its Federal Employer Tax ID is 75-1835298. All donations are tax deductible, within the limits of the code of the Internal Revenue Service.
Is there a Susan G. Komen For the Cure affiliate nearby?
Individual chapters (affiliates) are located across the United States and Italy. For information about the closest affiliate, users should visit the “Affiliates” section of the charity’s website and enter their zip code.
How do I make a donation?
Individuals can make a donation online, over the phone (1-877 GO KOMEN – option 4), or by mail. Mailed donations should be addressed to:
Susan G. Komen
Attn: Donor Relations & Services
PO Box 650309
Dallas, TX 75265-0309
Donations can either be made one time or monthly. Users can quickly and easily change their monthly gift amount or cancel their donations by contacting Susan G. Komen For the Cure at email@example.com or at 1-877 GO KOMEN (option 4). All changes are processed for the same month, provided that the request is received before the donation is scheduled to be made.
How are donations used?
For every dollar donated, 80 cents are used to support the mission of Susan G. Komen For the Cure and its services.
Does Susan G. Komen For the Cure send receipts for donations?
For tax purposes, all monthly donations receive a receipt attached to a monthly email newsletter. Phone or mailed gifts of $10 or more receive a one-time email receipt. Donors are advised to print these receipts immediately, as they cannot be re-sent if deleted.