BBB Wise Giving Report for
Feeding America

BBB Wise Giving Report issued October 2008
BBB Wise Giving Report expires October 2010


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: Feeding America
Address: 35 East Wacker Drive, Suite 2000
  Chicago, IL 60601
Phone: 312-263-2303
Web Address: www.secondharvest.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1975, Arizona
Affiliates: None
Stated Purpose: "to feed America's hungry through a nationwide network of member food banks and engage our country in the fight to end hunger."

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Evaluation Conclusions

               

Feeding America (FA) meets the 20 Standards for Charity Accountability.
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Programs

               

FA works to educate the general public and keep them informed about hunger in America. The national office produces a variety of educational and research papers that spotlight aspects of hunger and provides information on hunger, poverty and the programs that serve vulnerable Americans. FA's public policy staff works with legislators, conducting research, testifying at hearings and advocating for changes in public attitudes and laws that support FA's network and those the organization serves.

For the fiscal year ended June 30, 2007, FA's program expenses were:

  
Member services 640,824,747
Supply chain services 21,040,311
Hurricane disaster relief 12,305,464
Public policy 1,970,262
Public awareness and education 1,758,247
Food sourcing 1,098,348
Research 707,950
Total Program Expenses: $679,705,329
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Governance

               

Chief Executive : Vicki Escarra, President and CEO
Compensation*:
 $333,743

Chair of the Board: David Taylor
Chair's Profession / Business Affiliation: President, Global Family Care, Procter & Gamble

Board Size: 17

Paid Staff Size: 165

*July 1, 2006 - June 30,2007 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, telemarketing, print advertisements, grant proposals, Internet appeals, planned giving arrangements, and cause-related marketing.
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $671,589,071, are donations received as a result of fund raising activities.)
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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 FA's audited financial statements for the fiscal year ended June 30, 2007.

Source of Funds  
Donated goods and services 628,037,814
Individual contributions 17,475,862
Corporate contributions 12,707,610
Member revenue 7,558,481
Corporate promotions 2,949,033
Foundation grants 2,385,603
Member fees 2,151,627
Net realized and unrealized gains on investments 1,202,298
Investment income 1,170,332
Conference fees 487,212
Wills and bequests 474,668
Publications, administrative and material fees 433,189
Other revenue 5,493
Loss on disposition of furniture and equipment -21,599
Total Income $677,017,623


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Uses of Funds as a % of Total Expenses

Programs: 98%  Fund Raising: 1%  Administrative: 1% 

Total income   $677,017,623
  Program expenses $679,705,329
  Fund raising expenses 9,035,045
  Administrative expenses 7,226,684
 
Total expenses   $695,967,058
Expenses in Excess of Income   (18,949,435)
Beginning net assets   41,281,084
Ending net assets   22,331,649
Total liabilities   2,946,271
Total assets   $25,277,920

Note: According to FA's most recent financial statements the organization received in-kind donations in the amount of $628,037,814 which includes food and grocery products.

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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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