Planned Parenthood Quickly Recovers Lost Komen Funds
Planned Parenthood Federation of America may have already replaced the $680,000 in funding it lost from the Susan G. Komen for the Cure foundation for its breast-cancer prevention programs, the group said today.
Riding a wave of Internet appeals, Planned Parenthood received pledges of $400,000 from 6,000 donors as of 2 p.m. yesterday, said Tait Sye, a spokesman. Three large donors also surfaced: The Amy and Lee Fikes’ Foundation, run by the head of closely-held Bonanza Oil Co. in Dallas, pledged $250,000; New York Mayor Michael Bloomberg said he’ll match the next $250,000 given and Credo, a mobile-phone company, promised $200,000.
The decision by the Dallas-based Komen foundation has spurred a tsunami of online comment and petitions that added political fuel to the dispute and involved corporate funders for Komen, including Yoplait, the French yogurt maker, among others.
“This has been a contentious issue,” said Chief Executive Officer Nancy Brinker of Komen in a conference call.Continue reading at www.bloomberg.com