We are very proud of this result. When compared to other excellent charities, we spend at least 11% more than they do on programs.
Alexandria, VA (PRWEB) June 30, 2014
The Mesothelioma Applied Research Foundation (Meso Foundation) announced that an audit of its 2013 financial statements confirmed an increase of program expenditures to 86% of its budget. Consequently, the amount spent on management and fundraising has decreased to 5% and 9%, respectively.
“We are very proud of this result. When compared to other excellent charities, we spend at least 11% more than they do on programs,” said the chief executive officer of the Meso Foundation, Melinda Kotzian. “Most importantly, this number shows our donors our dedication to the development of life-saving treatments and services for our mesothelioma-affected community.”
The complete set of audited 2013 financials will be available on the Meso Foundation’s website in the “About Us” section, under “990 Forms and Audits”.
The Meso Foundation is the only mesothelioma-related charity to hold a 4-star rating by Charity Navigator, and is the only mesothelioma charity accredited by the Better Business Bureau.
Mesothelioma is a malignant tumor of the lining of the lung, abdomen, or heart known to be caused by exposure to asbestos. Medical experts consider it one of the most aggressive and deadly of all cancers. An estimated one-third of those who develop mesothelioma were exposed while serving in the Navy or working in shipyards.
About the Mesothelioma Applied Research Foundation
The Meso Foundation is the only 501(c)(3) nonprofit organization dedicated to eradicating mesothelioma and easing the suffering caused by this cancer. The Meso Foundation actively seeks philanthropic support to fund peer-reviewed mesothelioma research; provide patient support services and education; and advocate Congress for increased federal funding for mesothelioma research. The Meso Foundation is the only non-government funder of peer reviewed scientific research to establish effective treatments for mesothelioma and, ultimately, a cure for this extremely aggressive cancer. To date, the Foundation has awarded over $8.7 million to research. More information is available at http://www.curemeso.org.