Tuesday, July 3, 2007

Where the money goes...(from the LLS Website)


The Society is committed to curing leukemia, lymphoma and myeloma, and helping patients and their families. The support you provide is invested wisely.

In 2006, the Society invested $61.6 million to support more than 480 researchers and projects in 15 countries on five continents. The Society also provides financial assistance to patients; sponsors scientific conferences around the country; produces educational materials and videos; and runs dozens of Family Support Groups nationwide. Because we receive no federal funding, we depend on you for continued support of these needed programs.


The above was taken directly from the LLS website. More specifically related to your donations here is how it all boils down:

The society is committed to 75% of all money being raised going directly to their mission, 25% goes to costs - this is the same for any and all of their fundraising. Costs include office, staff pay, marketing etc.. So for their Team in Training fundraiser (the marathon fundraiser) they calculate how much it costs to send me and then multiply the cost by 4, and they get the minimum amount that I must raise. The cost of sending me to Maui is $1250. So the minimum I have to raise in order to be able to go (so that 75% of the total goes towards the mission) is $5000 or I can't go. I have committed to raising $6000 because for every dollar that I raise over the $5000 mark, 100% of that goes directly to their mission. I have also committed to donating $50 a pay to a total of $650 of my own money. This means that when all is said and done, of the $6000 that I am raising, 90% of it goes directly to funding their mission.

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