About Movember

Financials

2013 FINANCIAL SUMMARY

The United States Movember campaign raised $22.9 million in 2013. The Movember United States financials are audited each year by HBLA. The chart below shows how these funds are applied:
 


83.8% Allocated to Men's Health Programs

Of the funds raised in the US in 2013, 83.8% has been committed to programs supporting prostate cancer and testicular cancer initiatives. The Movember team is proud of the high percentage of funds committed to programs, which is above international best practice of 80% of funds raised invested in programs.


3.7% Administration Costs and 10.2% Fundraising Costs totaling 13.9%

A number of fundraising and administrative tasks are necessary to run an organization and campaign the size of the Movember.
The team is proud of its low administration and fundraising costs, which in the US was 13.9% of the funds raised. This is below international best practice which is in the range of 15% - 20%.

Costs that are grouped under administration and fundraising include:
  • Credit card processing fees
  • Systems development and technology to process donations securely
  • Bank fees
  • Legal costs
  • Salaries for admin support staff
  • Insurance
  • Telecommunications and computer equipment
  • Office rent and general office maintenance costs
  • Travel


2.3% Retained Funds

As a fiscally conservative organization Movember retains a small percentage of funds to cover future campaigns and to ensure the long-term continuity of the organization.  The retained funds are being progressively built up over multiple campaigns, and once the Board of Directors are satisfied they are at a sufficient level, no further funds will be retained.
 

PROGRAM INVESTMENT

The chart below shows how the 83.8% of funds allocated to programs are applied:



The funds allocated to programs are run directly by the Movember Foundation, the Prostate Cancer Foundation and the LIVESTRONG Foundation. Together, these channels work to ensure that Movember funds are supporting a broad range of innovative, world-class programs in line with our strategic goals.

For a complete report on every project we have funded and the impact the Movember campaign is having, please visit the Funded Programs section.


NOTE: All funds donated to our men's health partners are restricted and are only used for Movember Foundation approved programs. This means that no funds are used to cover any part of our partners fundraising and promotional costs, with 100% of the funds going to program delivery.