BBB Wise Giving Report for
Bread for the World

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


Not a charity
This non-profit organization does not fall within the scope of the Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Bread for the World
Address: 425 3rd Street SW,
Suite 1200
  Washington, DC 20024
Phone: 202-639-9400
800-822-7323
Web Address: www.bread.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1974, New York
Affiliates: Bread for the World Institute

Stated Purpose: "to urge our nation's decision makers to end hunger at home and abroad."

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BBB Wise Giving Alliance Comment

               

Since Bread for the World is not a charity, it does not fall within the scope of the Standards for Charity Accountability.
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Programs

               

Bread advocates policies through churches, campuses, and other organizations. It mobilizes its members in support of policies that address the root cause of hunger through letter writing campaigns and emails to Congress. Bread’s members also meet with Congressional representatives with the aim of influencing decision makers to end hunger in the U.S and abroad. Annually, the organization invites churches and groups across the country to take up an “offering of letters” to Congress on issues important to hungry people. Bread’s newsletters are published eight times a year and cover issues and legislation that affect hungry and poor people. Some ($857,369, or 17%) of Bread's programs are conducted in conjunction with fund raising appeals.

For the year ended December 31, 2009, Bread's program expenses were:

  
Public education 2,372,360
Outreach and advocacy 1,722,674
Public policy 1,013,476
Total Program Expenses: $5,108,510
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Governance

               

Chief Executive : David Beckmann, President
Compensation*:
 $63,905

Chair of the Board: David Miner
Chair's Profession / Business Affiliation: Executive Director of Indianapolis Interfaith Hunger Initiative

Board Size: 39

Paid Staff Size: 120

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Mr. Beckmann also received an additional $134,180 in compensation as president of Bread's affiliate, Bread for the World Institute.
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Fund Raising

               

Method(s) Used:

Direct mail, telemarketing, special events, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 18% of related contributions. (Related contributions, which totaled $4,479,491, are donations received as a result of fund raising activities.)
Bread incurred joint costs of $1,443,200 for informational materials and activities that included fund raising appeals. Of those costs, $857,369 was allocated to program expenses and $585,831 was allocated to fund raising expenses.
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Tax Status

               

Bread for the World is tax-exempt under section 501(c)(4) of the Internal Revenue Code. Contributions and membership dues are not deductible as charitable donations for federal income tax purposes.

Bread for the World's affiliate, the Bread for the World Institute, 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 Bread's audited financial statements for the year ended December 31, 2009.

Source of Funds  
Contributions and membership 4,351,419
Endowment, bequests and gift annuities 117,212
Investment income (loss), net 78,448
Other revenue 77,383
Foundation grants 10,860
Conferences and events 1,318
Total Income $4,636,640


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Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 13%  Administrative: 3% 

Total income   $4,636,640
  Program expenses $5,108,510
  Fund raising expenses 796,523
  Administrative expenses 167,975
 
Total expenses   $6,073,008
Expenses in Excess of Income   (1,436,368)
Beginning net assets   2,283,353
Ending net assets   846,985
Total liabilities   1,094,994
Total assets   $1,941,979


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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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