In 2010 according to the Komen Foundation's annual report they spent  $76,770,000 on supporting services.   $40,624, 000 for Administration and $36,146,000 on fund raising. F
or 2010 that's 20% of income.
Their total net "donations" for that year were $458,030,000.
The profit of an non-profit organization is in the salaries and perks.

Komen's Bottom Line 2010
PROGRAM SERVICES  (all figures are in thousands of dollars)
Research                                                          75,407 
Education                                                      140,773 
Screening                                                         46,861 
Treatment                                                         20,138 
Total Program Services                                 283,179 
SUPPORTING SERVICES
General administration                                    40,624 
Fundraising costs                                               36,146 
Total Supporting Services                                76,770 
Total Expenses                                                 359,949 
Change in Net Assets                                        40,946 
Net Assets at the Beginning of the Year          122,28 
NET ASSETS AT THE END OF THE YEAR   $ 163,231
Ernst & Young, LLP performed the 2005-2010 consolidated audits for Komen. To review our audited financial statements and IRS Forms 990, please visit komen.
Less direct benefits to donors and sponsors (19,882).  What does this line mean? $20,000,000 in direct benefits?
And who are these big Donors?
OUR MILLION DOLLAR COUNCIL ELITE PARTNERS:
AMERICAN AIRLINES® 
BANK OF AMERICA ® 
BELK® 
FORD DIVISION
GENERAL MILLS 
KFC CORPORATION 
NEW BALANCE ATHLETIC SHOE, INC®
RALLY FOR THE CURE ® 
TPR HOLDINGS, LLC 
YOPLAIT®
OUR MILLION DOLLAR COUNCIL PARTNERS:
ACH FOOD COMPANIES, INC. 
ASK.COM® 
BOWL FOR THE CURE ® 
CARLISLE 
DELL™
DELUXE® 
ENERGIZER® 
FRITO-LAY 
FUZE® 
HALLMARK® 
HOLLAND AMERICAN LINE
HSN 
KITCHEN AID® 
LOWE’S® 
MAJOR LEAGUE BASEBALL 
MEREDITH CORPORATION
ON THE BORDER 
ORACLE 
ORECK 
PANDORA 
PAYLESS SHOESOURCE®
QUILTED NORTHERN 
RE/MAX® 
REPUBLIC OF TEA 
SIMON PROPERTY
THE MOHAWK GROUP 
TITLEIST 
VAL SKINNER 
WACOAL® 
ZETA TAU ALPHA
Check it all out int he Komen's Annual Report.
 
3 comments:
Direct benefits to sponsors and donors? What does that mean? And how can I get in on that? Looks pretty lucrative!
We have given donations to Komen as recently as November. We just assumed is was run in a legitimate way. Now I think they have to show that they are.
thanks for this, sharing to middle aged woman talking. katherine manaan
Post a Comment