The Komen Foundation, also known as Susan G. Komen is one of the world’s most important and respected charitable organizations who use the majority of the funding they receive to search for a cure for breast cancer. The charity itself was formed in memory of Susan G Komen, who died at the age of 36 from breast cancer, by her sister Nancy Goodman Brinker. Brinker and Komen both believed that a lack of awareness about cancer at the time of her death in 1980 had led to a faster fatal diagnosis than could have occurred had a deeper knowledge of the disease been available.
In 2010, the Komen Foundation raised over $400 million in donations and investment funds that was largely put towards searching for a cure and treating breast cancer. The largest proportion of the funds raised by the Komen Foundation are spent on public health education at around 39 percent of the funds raised. The Foundation believes that a high level of education for women and men who are at risk of breast cancer can result in early diagnosis of the medical condition and an increased chance of survival for those who are diagnosed.
Founder Nancy Goodman Brinker made a promise to her sister that she would look for ways to eliminate the problem of breast cancer, a promise that sees the Komen Foundation spend around 20 percent of its funds on research. Research funds are available for a variety of different options, including basic and clinical research that look for new cures and treatments, other funding options include the opportunity to postdoctoral fellowships that provide research opportunities for those leading the field in cancer research. Over the course of its life, the Komen Foundation has awarded more than 1,000 research grants that have totaled more than $180 million.
The Komen Foundation is also a large supporter of public health screenings and supplies funds to pay for these services to take place around the world. The foundation has spent a large amount of money on widespread use of screening for women and men in a bid to diagnose as many as possible with the medical condition. Treatment costs add up to around five percent of the funds raised each year by the foundation, with the remaining 21 percent of funds spent on administration and fund raising efforts.