Susan G. Komen CEO’s Got a 64 Percent Raise – Previously Truth! Now Resolved!
20 Percent of Susan G. Komen Funds Go to Research – Truth! Now Resolved!
Summary of eRumor:
Viral reports alleged that Susan G. Komen CEO Nancy Goodman Brinker once got a 64 percent raise, and the charity donates only 20 percent of its revenues to breast cancer research.
It’s true that former Susan G. Koman CEO Nancy Goodman Brinker once received a 64 percent raise. But a Susan G. Komen Foundation representative told TruthorFiction.com that Brinker later accepted a pay cut and is no longer the foundation’s chief executive.
Nancy Goodman Brinker, the founder and former CEO of the Susan G. Komen Foundation, came under fire when reports surfaced in 2013 that she had received a 64 percent raise after the foundation announced that it had canceled half of its three-day fundraising races. The raise, which a company official told NBC News was issued in 2010, brought Brinker’s salary to $684,000. After accepting a 42 percent pay cut, Brinker made $549,000 in 2012, the Dallas Business Journal reports.
By the end of 2013, Brinker had stepped down from her role as CEO of the Susan G. Komen Foundation. The foundation announced that Brinker would be paid $390,000 per year in her new role as “founder and chair of global strategy” in 2014. Dr. Judith A. Salerno was tapped to replace Brinker as the president and CEO of the foundation, and her salary was set at $475,000 for 2014.
Reports that the Susan G. Komen Foundation donates just 20 percent of its revenues to breast cancer research are also true — and misleading. Charity Navigator, an independent organization that rates non-profit groups, reported that the Susan G. Komen Foundation took in roughly $263.6 million in fiscal year 2012. The foundation reported that it had devoted more than $58 million to research grants in fiscal year 2012. That means a little more than 22 percent of the foundation’s total revenues were allocated to research — but it’s important to note that research is just one component of Susan G. Komen Foundation’s mission. The foundation also supports patients with breast cancer, promotes awareness, funds community breast cancer screenings and programs, and advocates on behalf of breast cancer patients and healthcare providers around the world.
Charity Navigator classifies the Susan G. Komen Foundation as a “highly rated” non-profit group with an overall performance score of 81.96 out of 100.