This place matters

This place matters

Monday, October 3, 2016

Caveat Donor

So breast cancer awareness month is upon us, and the pink explosion has begun. I'm a cancer communist myself - I prefer to donate to the Memorial Sloan-Kettering Cancer Center and let them distribute funds where they're needed. There are lots of types of cancer, and it seems unfair to me that research into men's cancers receives so little funding comparatively. But if you do want to donate to a breast cancer charity, here are some things to know:

  • We tend to assume that products that go pink for breast cancer during October donate a portion of their proceeds to cancer research, but that isn't necessarily so. Anybody can slap a pink ribbon or label on their product. 
  • It's also worth noting that companies that do send a portion of their proceeds off to charity make a whole lot of money doing this and only give a tiny percentage of that to charity. 
  • Susan G. Komen is the largest and best funded breast cancer charity in the United States. However, your donation dollars might not fund what you think.
    • Only 21% of proceeds go to fund breast cancer research, and only 13% go to fund health screenings. 40% goes to "awareness," which seems like a lot of money for a disease that pretty much the entire population of the country is already aware of. 
    • The CEO makes a ton - well over $600,000. This is rated as extremely high by Charity Navigator, which gives the organization only 2 out of 4 stars.

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