Planned Parenthood Tops $1 Billion in Assets, Receives $487+ Million in Federal Grants, Contracts & Reimbursements
FOR IMMEDIATE RELEASE: December 30, 2011
Contact: Mallory Quigley, (703) 380-6674
SBA List: Report Confirms Need for Congressional Investigation of America’s Abortion Giant
WASHINGTON, D.C. – Today Planned Parenthood Federation of America (PPFA) released its latest annual report for the year 2009 to 2010 which revealed:
- For the first time, PPFA topped $1 billion in total net assets.
- 46% of PPFA’s annual revenue ($487,400,000) comes from U.S. taxpayers in the form of government grants, contracts & Medicaid reimbursements.
- In 2010, abortion procedures made up 91% (329,445) of Planned Parenthood’s services for pregnant women, while prenatal services and adoption referrals account for only 8.6% (31,098) and 0.2% (841), respectively.
- Planned Parenthood reports to have served “three million people” and performed 329,445 abortions, meaning that 11% of PPFA clients received an abortion.
After reviewing the report, Susan B. Anthony List (SBA List) President Marjorie Dannenfelser had the following comments:
“With over a billion in net assets and a business model centered on abortion and government subsidies, it is time for Planned Parenthood to end its reliance on taxpayer dollars. Despite an unprecedented effort by statewide and federal leaders to defund them, a wave of former employees willing to testify against them, and uniform agreement amongst Republican presidential candidates that they should be defunded, Planned Parenthood continues full-steam ahead. They are unwilling to answer to the pro-life American majority that wants out of this business. I urge Congress to press on with Congressman Cliff Stearns’ investigation into this abortion giant.”
In 2011, the SBA List led the fight at the federal level to defund Planned Parenthood of federal tax dollars and throughout the year has continued to encourage defunding efforts at the state level. To date, nine states have successfully defunded Planned Parenthood of over $61.2 million dollars. The SBA List is working with pro-life grassroots organizations in those states to ensure funding is not restored and is also taking up action to encourage similar results in other states and at the federal level.
The Susan B. Anthony List is a nationwide network of more than 330,000 Americans dedicated to mobilizing, advancing, and representing pro-life women in politics. Its connected Candidate Fund increases the percentage of pro-life women in the political process.
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