Tuesday, February 07, 2012
Komen Stumbles, Recovers…Can the Damage be Undone? | onPhilanthropy
Komen Stumbles, Recovers…Can the Damage be Undone? | onPhilanthropy: Among members of the philanthropic, political and healthcare sectors, a loud snap was distinctly heard today, as the Susan G. Komen for the Cure Foundation suffered a sharp case of whiplash. In a statement this morning, Komen rescinded its decision to cut off funding to Planned Parenthood for breast health programs – a decision whose announcement 48 hours earlier had unleashed a clamor of protest, rapid reaction and retaliation. Possibly the most prominent critic, who spoke with his fortune as well as his words, was NYC Mayor Michael Bloomberg, who promptly pledged $250,000 in matching funds for donors to support Planned Parenthood and help replace the slashed funds, approximately $700,000. Another $100,000 challenge grant was announced this morning by Livestrong, the cancer-fighting organization founded by survivor Lance Armstrong.