BBB Wise Giving Report for
Food Animal Concerns Trust

BBB Wise Giving Report issued April 2010
BBB Wise Giving Report expires April 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Food Animal Concerns Trust
Address: 411 West Fullerton Parkway, #1402W
  Chicago, IL 60614
Phone: 773-525-4952
Web Address: www.foodanimalconcernstrust.org
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BBB Wise Giving Alliance Comments

Formerly known as:Farm Animals Concerns Trust

Year, State Incorporated: 1982, Illinois
Affiliates: None
Stated Purpose: "to improve the welfare of farm animals; address public health problems such as the safety of meat, milk, and eggs; broaden opportunities for family farmers; and reduce environmental pollution."

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Evaluation Conclusions

               

Food Animal Concerns Trust (FACT) meets the 20 Standards for Charity Accountability.
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Programs

               

FACT regards factory farming, the raising of large populations of livestock and poultry in confined conditions, as not only inhumane for animals but also as a factor contributing to public health problems, the deterioration of rural communities, and environmental pollution. FACT relies on firsthand, on-farm research to make science-based recommendations to federal regulatory agencies and as the basis for organizing a broad public response. Its public health program advocates for farming practices that will protect human health, improve the safety of meat, milk, and eggs and promote the humane husbandry of food animals. FACT’s humane farming program researches problems affecting farm animal welfare and promotes welfare-friendly, sustainable husbandry systems that expand opportunities for family farmers.

For the fiscal year ended June 30, 2009, FACT's program expenses were:

  
KAW 340,460
Public Health 293,093
Humane Farming 210,226
Total Program Expenses: $843,779
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Governance

               

Chief Executive : Richard R. Wood, Executive Director
Compensation*:
 $97,320

Chair of the Board: Janis J. King
Chair's Profession / Business Affiliation: Farmer

Board Size: 7

Paid Staff Size: 7

*July 1, 2008 - June 30, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, grant proposals, Internet appeals, and planned giving.
Fund raising costs were 18% of related contributions. (Related contributions, which totaled $772,177, are donations received as a result of fund raising activities.)
FACT incurred joint costs of $30,388 for informational materials and activities that included fund raising materials. Of those costs $15,193 was allocated to program expenses and $15,194 was allocated to fund raising expenses.
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on FACT's audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
KAW restricted contributions 266,600
Contributions--individuals 259,865
Contributions--foundations 121,811
KAW grants 66,667
Bequests 57,234
Interest and dividends 20,870
KAW overhead reimbursements 12,500
Net realized and unrealized loss -172,408
Total Income $633,139


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 13%  Administrative: 7% 

Total income   $633,139
  Program expenses $843,779
  Fund raising expenses 141,618
  Administrative expenses 76,539
 
Total expenses   $1,061,936
Expenses in Excess of Income   (428,797)
Beginning net assets   1,719,593
Ending net assets   1,290,796
Total liabilities   4,242
Total assets   $1,295,038


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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