Pink ribbons and breast cancer awareness events are commonplace just about everywhere, and especially during October. But when people pay for a T-shirt or to participate in a running event to help find a cure, how much of that money goes to research?
One website reveals that sometimes smaller organizations give a greater percentage of their money to actual research.
Charity Navigator boasts that it’s a guide to help people interested in donating money do so intelligently. According to their information, the American-Italian Cancer Foundation gives more of its money raised to research than any other. American-Italian Cancer Foundation gives more than 95 percent of its money raised, or about $1.9 million, to research.
The well-known Susan G. Komen gives 80.5 percent of its money raised to research, or about $254.8 million. Comparatively, the American Cancer Society gives 71.6 percent of its money to research, which amounts to about $718.9 million.
Three different organizations spend a majority of their money on fundraising, according to the website . Walker Cancer Research Institute gives 47.1 percent to research; United Breast Cancer Foundation gives 40 percent to research; and the American Breast Cancer Foundation gives 33.5 percent to research.
Visit Charity Navigator for more on how charities use donated money.