September 17th, 2013

We know that with great moustaches comes great responsibility and we take that seriously. Let us show you where your funds go.

Your money at work
Where The Money Goes

The Movember community generously donates their funds, faces and time to help Movember change the face of men’s health. In 2012, Mo Bros and Mo Sistas in the US raised an incredible $21 million. Of those funds raised, 83.1% has been committed to programs combating prostate and testicular cancer initiatives. To run an organization and campaign the size of Movember, a number of fundraising and administrative tasks are necessary. The Movember team is proud of its administration and fundraising ratios, which in the US was 10.9% of the funds raised. This is well 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
Telecommunications and computer equipment
Office rent and general office maintenance costs
Foreign Exchange costs
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 US retained 6.0% of the 2012 funds raised. 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.

Read more about Movember’s financials here.