BBB Wise Giving Report for
Heifer Project International

BBB Wise Giving Report issued February 2012
BBB Wise Giving Report expires February 2014


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: Heifer Project International
Address: One World Avenue
  Little Rock, AR 72202
Phone: 501-907-2600
800-422-0474
Web Address: www.heifer.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1997, Arkansas
Affiliates: None
Stated Purpose: "to work with communities to end hunger and poverty and care for the earth.

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Evaluation Conclusions

              

Heifer Project International (Heifer) meets the 20 Standards for Charity Accountability.
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Programs

              

Heifer provides food and income-producing livestock, training and agricultural resources to impoverished families around the world. Recipients are trained in animal care and environmentally sound agricultural practices so they can lift themselves out of poverty and become self-reliant. Milk, eggs, wool, meat, draft power and other benefits of animals provide nutrition and their sale provides money for education, housing, health care and small business enterprises. Benefits of donated animals are multiplied as recipients partner with Heifer by “Passing on the Gift” of offspring and training to others in need. Heifer reports assisting 191,000 families worldwide last year through animal placement and training, including pass-ons. This was achieved through 869 projects in 54 countries. Heifer also reports reaching 65,000 people through its education program activities, including Heifer learning centers, study tours, community education offerings and volunteer presentations, to name a few. Additionally, Heifer reaches out to educate people through the media and Heifer publications and websites. Some ($5,342,779 or 6%) of Heifer's program activities are carried out in conjunction with fundraising appeals.

For the fiscal year ended June 30, 2010, Heifer's program expenses were:

  
International development 68,649,439
Ecucation programs 15,092,052
Total Program Expenses: $83,741,491
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Governance

              

Chief Executive : Pierre Ferrari, President
Compensation*:

Chair of the Board: Douglas Smith
Chair's Profession / Business Affiliation: President and CEO, Virginia Interfaith Center

Board Size: 19

Paid Staff Size: 913

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Jo Luck was the CEO during the July 1, 2009 - June 30, 2010 fiscal year and received compensation of $287,298. The Alliance does not have salary information on the current President.
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Fund Raising

              

Method(s) Used:

Direct mail, telemarketing, special events, print advertisements, grant proposals, Internet appeals, and cause-related marketing.
Fund raising costs were 19% of related contributions. (Related contributions, which totaled $115,475,528, are donations received as a result of fund raising activities.)
Heifer incurred joint costs of $14,088,307 for informational materials and activities that included fund raising materials. Of those costs $8,673,622 was allocated to fund raising expenses, $5,342,779 was allocated to program expenses, and $71,906 was allocated to administrative 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 Heifer's audited financial statements (consolidated) for the fiscal year ended June 30, 2010.

Source of Funds  
Contributions 106,282,474
Other grants 8,344,258
Change in interest in net assets of HIF 4,533,768
Educational programs 1,568,905
Other 1,068,949
Promotional events and material sales, net 428,147
Federal government grants 420,649
Investment return 206,811
Total Income $122,853,961


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Uses of Funds as a % of Total Expenses

Programs: 73%  Fund Raising: 20%  Administrative: 7% 

Total income   $122,853,961
  Program expenses $83,741,491
  Fund raising expenses 22,505,520
  Administrative expenses 7,408,003
 
Total expenses   $113,655,014
Income in Excess of Expenses   9,198,947
Beginning net assets   129,785,411
Other Changes in Net Assets (1,511,803)
Ending net assets   137,472,555
Total liabilities   24,262,927
Total assets   $161,735,482

Note: In the above financial section, "other changes in net assets" represents -$1,511,803 for deconsolidation adjustment and foreign currency translation adjustment.

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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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