Treatment FAQ

what percent of komen funds go to cancer patient treatment

by Annamae Predovic V Published 3 years ago Updated 2 years ago

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. “In 2011, 83 cents of every dollar spent went to mission programs,” spokeswoman Leslie Aun said in an email statement to Reuters.Feb 8, 2012

Full Answer

What percentage of donations to Susan G Komen go to cancer research?

Komen only devotes 20.9 percent of the donations it receives to researching breast cancer. The rest of their funding goes towards administrative costs and raising “awareness,” i.e. devoting money to advertising the Susan G. Komen brand and merchandise.

Who is eligible for the Komen treatment assistance program?

Susan G. Komen ® offers the Komen Treatment Assistance Program to eligible, underserved individuals who are actively undergoing breast cancer treatment.

What financial resources are available for people with breast cancer?

There are many financial resources available for people with breast cancer. Susan G. Komen ® offers the Komen Treatment Assistance Program to eligible, underserved individuals who are actively undergoing breast cancer treatment.

Is Susan G Komen going out of business?

The Maryland branch of Susan G. Komen announced Monday that it will shut down amid downsizing by its parent organization, a national nonprofit that funds breast cancer research and treatment. How does Susan G. Komen use their money?

How much of Susan G Komen donations go to cancer research?

According to Komen's 2017-2018 financial reports, said Goldstein, the organization spends only 16.3 to 19 percent of its annual budget on research.

What percentage of money does Susan G Komen actually donate?

77.4%ElementPercentageAdministrative9.90%Fundraising12.50%Program77.40%

How much of every dollar goes to Susan G Komen?

80 cents of every dollar spent by Susan G. Komen supports mission programs and services. Is my contribution deductible?

How much money goes to Susan G Komen Foundation?

Over the past 12 years, Komen has invested an average of 80 cents or more of every dollar in mission programs.

Does Komen support Planned Parenthood?

The Komen-funded Planned Parenthood programs have helped thousands of women in rural and underserved communities get breast health education, screenings, and referrals for mammograms.

What happened to Susan Komen?

The foundation's namesake, Susan Goodman Komen, died of breast cancer in 1980 at the age of 36. Susan Komen's younger sister, Nancy Brinker, believed that Susan's outcome might have been better if patients knew more about cancer and its treatment, and founded the Susan G. Komen Breast Cancer Foundation in 1982.

Is the Pink Fund legitimate?

Pink Fund Inc. is a 501(c)(3) organization, with an IRS ruling year of 2009, and donations are tax-deductible.

How much money has Susan G Komen raised?

Since its inception in 2003 the event has raised more than $820 million. Since its inception in 2003 the event has raised more than $820 million.

Where Does Race for the Cure money go?

Thousands registered for the Komen Race for the Cure It is one of the biggest Komen races in the country in terms of participants and fundraising. The money goes toward research, providing support for patients and engaging in policy initiatives.

Who is the CEO of the Susan G. Komen Foundation?

Paula SchneiderPresident and CEO. Paula Schneider is president and CEO of Susan G. Komen®, responsible for the strategic direction and day-to-day operation of Komen's research, community health, public policy advocacy and global programs.

What does Komen foundation do?

Komen Breast Cancer Foundation is to eradicate breast cancer as a life-threatening disease by advancing research, education, screening, and treatment. The Komen Foundation has Affiliates in more than 100 US cities.

Does Susan G. Komen do research?

Susan G. Komen is the ONLY organization that addresses breast cancer on multiple fronts such as research, community health, global outreach and public policy initiatives in order to make the biggest impact against this disease.

How to contact Komen Breast Care?

To learn more about this program and other helpful resources, call the Komen Breast Care Helpline at 1-877 GO KOMEN (1-877-465-6636).

What are some ways to help people with cancer?

Local transportation. The social work and care coordination departments at your hospital may have information on local transportation programs. Some cancer organizations also have programs that can help. City, county and state agencies can arrange for low-cost or free local transportation for people with disabilities.

What is the National Breast and Cervical Cancer Early Detection Program?

National Breast and Cervical Cancer Early Detection Program. Provides access to clinical breast exams and mammograms (plus diagnostic testing if results are abnormal, and referrals to treatment if breast cancer is diagnosed) to women ages 40-64 who don’t have health insurance or are under-insured.

Who can help with insurance?

Your doctor, nurse or social worker may have information on financial resources. Most hospitals and treatment centers have financial counselors. They can help you with the details of your insurance paperwork and give you an estimate of the cost of your treatment.

Can breast cancer be financially burdened?

Financial Assistance. Costs related to breast cancer care can quickly become a financial burden. You may get many bills for just one procedure. For example, you may get a bill from each department in the hospital involved with your surgery such as the lab (pathology), surgery and others. Even if your co-payment for a single bill is low, ...

Who is the CEO of Komen?

In 2012, Komen founder and CEO Nancy Brinker became the focus of controversy when she announced Komen would be pulling the grants the organization had been providing to Planned Parenthood for breast cancer screenings, then quickly reversed that decision.

How much does Nancy Brinker make at Komen?

Salerno’s most recently reported compensation (in August 2017) was $479,858, while Nancy Brinker was still listed as a “founder” receiving a salary of $397,093. In September 2017, Paula Schneider took over as president and CEO of Komen, with compensation of $137,155 reported as of the end of the fiscal year in March 2018.

1. Susan G Komen for the Cure

Mission: To save lives by meeting the most critical needs in our communities and investing in breakthrough research to prevent and cure breast cancer.

2. American Cancer Society

Mission: To save lives, celebrate lives, and lead the fight for a world without cancer.

3. Cancer Research Institute

Mission: Save more lives by fueling the discovery and development of powerful immunotherapies for all types of cancer.

4. Memorial Sloan-Kettering Cancer Center

Mission: Leadership in the prevention, treatment, and cure of cancer through excellence, vision, and cost-effectiveness in patient care, outreach programs, research, and education.

6. Ovarian Cancer Research Alliance

Mission: To cure ovarian cancer, advocate for patients, and support survivors.

7. Prostate Cancer Foundation

Mission: Funds the world’s most promising research to improve the prevention, detection, and treatment of prostate cancer and ultimately cure it for good.

8. Livestrong Foundation

Mission: to reinvent the way cancer patients and survivors are cared for and supported.

What is cancer care?

CancerCare. CancerCare has two main programs designed to help ease the financial burden of receiving cancer treatment. The financial assistance program is designed to help offset costs that are related to a long-term illness, such as transportation, child care, and medical supplies.

What happens if you are going through cancer treatment?

When someone is going through cancer treatment or receiving associated medical care, they most likely want a family member nearby. But if the health care provider or treatment center is far from home, the family will have to find lodging, which can be expensive.

What is the reinstatement process for cancer?

Essentially, the viatical settlement process allows late-stage cancer patients to explore all options before lapsing the life insurance policy because of unaffordable premiums.

What is co-payment assistance?

The co-payment assistance program helps with covering the cost of insurance copays for cancer treatment. While the Affordable Care Act and Medicaid can help to make health care less expensive, medical bills can still pile up.

What is the American Life Fund?

American Life Fund helps cancer patients access large sums of cash within two weeks by guiding them through the process of selling their existing life insurance plan. This money can then be used to pay for medical treatment, prescription drugs, home care, and other healthcare needs. If health insurance doesn’t cover the cost and ...

How many life insurance policies are lapsed?

According to the Life Insurance Settlement Association (LISA), more than 710,000 policies are lapsed or surrendered each year. As a direct result, a staggering seven billion dollars in combined face value is lapsed each year by American seniors over the age of 70.

What is the American Cancer Society?

American Cancer Society. As one of the most famous organizations that help those struggling with cancer, this non-profit organization focuses on educating people about the warning signs of cancer, from breast cancer to leukemia to pancreatic cancer, and hopes to use their web site and other sources to educate people about early detection of cancer. ...

How to get organized financially for cancer patients?

Regardless of their prognosis, there are steps that cancer patients can take to get organized financially. Start before treatment . Ideally, patients want to get organized before their memory and energy might be compromised by medications. “Once people go on treatment, it’s very hard to get things done,” McClanahan said.

Why do cancer patients go bankrupt?

Research shows that cancer patients are more likely to declare bankruptcy than the average person. The causes of financial ruin for cancer patients are many, including the high cost of treatments, filling in insurance coverage gaps and covering the loss of income . One emerging pro bono program hopes to help change that.

How many times more likely is cancer to file for bankruptcy?

Cancer patients are 2.5 times more likely to file for bankruptcy after they are diagnosed, according to the Fred Hutchinson Cancer Research Center, based in Seattle.

What kind of cancer did Kelly Smith have?

Several follow-up visits to her doctors confirmed the worst: She had stage 3B breast cancer, which had spread to her lymph nodes.

Does Social Security have compassionate allowances?

Of note, Social Security has a special program, called Compassionate Allowances, that will fast-track individuals for those benefits if they have a diagnosis that qualifies. Also check to see if your life insurance policy includes living benefits, which could help cover loss of income in the event of an illness.

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