After news of the plan to quit offering grants to Planned Parenthood broke in January 2012, several executives left the organization and fewer people took part in its fundraising Race for the Cure events across the country. The organization announced this summer that it would cancel half of its three-day charity walks this year because of a drop in participation.
The statements also showed that revenue from Race for the Cure and three-day events was down 19 percent for the same fiscal period, falling from about $258 million to $208 million. Total revenue, comprising the race fees, contributions, other fundraising and interest, dropped about 18 percent in that time period, from $399 million to $325 million.
Komen spokeswoman Andrea Rader attributed the drops to the Planned Parenthood controversy, in addition to economic uncertainty and other events vying for charity dollars.
But she said that the organization is seeing its numbers stabilize and noted that Komen has 150 corporate sponsors. She said even people angered by the Planned Parenthood issue are coming around because they know what Komen does for their community. “They tend to say, ‘Okay, we were mad about that but we’re not mad anymore,’ ” she said.
“We just hope that people will continue to understand that our work is very important,” Rader said.
Komen founder Nancy Brinker, whose promise to her dying sister begat the fundraising powerhouse that has invested hundreds of millions of dollars in cancer research, announced in the summer of 2012 she would step down as chief executive when a replacement was found. It was announced this summer that Judith A. Salerno would replace her as CEO. Salerno was formerly executive director and chief operating officer at the National Academy of Sciences’ Institute of Medicine.
The organization also this past week disclosed 2013 salary information, saying that Brinker has taken a $158,700 pay cut with her move from chief executive to global strategy chair. Brinker’s annual salary for her new role is $390,000, down from $548,700 in 2012. Salerno, named president and CEO in June, has a salary of $475,000.
— Associated Press