CRS supports projects designed to help communities in countries throughout Africa, Asia, Europe and Latin America identify long-term solutions to poverty and build self-sufficiency. In most programs, CRS collaborates with one or more local partner agencies. The child survival, water and sanitation, and HIV/AIDS education and care projects give priority to the most vulnerable, typically women of reproductive age, infants, and the very young. Approaching farming as a family business, CRS is involved in furnishing assistance that includes processing, storage, and marketing of crops; weed, disease, and pest control; livestock production, fishing, and forestry; and irrigation and soil and water conservation. CRS also helps establish village banks to invest in loans to persons who have little or no access to other credit alternatives. As a means of achieving increased enrollment and regular attendance of children, especially girls, CRS supports school feeding programs. CRS also carries out humanitarian assistance operations in response to natural and man-made disasters, supplying aid in the form of food, medicines, shelter, and other relief supplies. CRS also conducts workshops; sponsors solidarity camps, prepares training manuals, stimulates inter-religious dialogue, and monitors early warning signs to promote the principles of tolerance, conflict resolution, and reconciliation. Furthermore, CRS operates programs in the United States that focus on parish outreach, fair trade, advocacy, and farmer-to-farmer support. These programs inform and engage American Catholics about poverty and injustice overseas, and provide them with the opportunity to get involved as individuals, with their families, and in their schools.
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For the fiscal year ended September 30, 2010, CRS's program expenses were:
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Emergency
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272,766,000
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HIV and AIDS
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166,818,000
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Agriculture
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126,941,000
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Health
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87,253,000
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Education
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56,979,000
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Welfare
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34,376,000
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Peace and justice
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26,572,000
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Small enterprise
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8,411,000
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Total Program Expenses:
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$780,116,000
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Chief Executive : Kenneth F. Hackett, President and CEO
Chair
of the Board: Most Reverend Gerald L. Kicanas
Chair's Profession / Business Affiliation: Bishop of Tucson, Arizona
Board Size: 20
Paid Staff Size: 5235
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*October 1, 2009 - September 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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The following information is based on CRS's audited financial statements for the fiscal year ended September 30, 2010.
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Source of Funds
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US government grants and agreements
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312,830,000
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Donated agriculture, other commodities and ocean freight
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240,777,000
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Private contributions
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212,179,000
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Other public grants and contributions
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59,994,000
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Foundation and corporate grant revenue
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40,131,000
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Bequests
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16,296,000
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Catholic Relief Services collection
|
12,133,000
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Realized and unrealized gain on investments and financial instruments
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8,345,000
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Private in-kind gifts
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7,896,000
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Investment and other income
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6,046,000
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Operation rice bowl
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5,652,000
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Public in-kind gifts
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5,016,000
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Net change in annuities, trusts and pooled income fund
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1,966,000
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Endowments
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8,000
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Total Income
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$929,269,000
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Uses of Funds as a % of Total Expenses
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Programs: 95%
Fund Raising: 3%
Administrative: 2%
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| Total income |
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$929,269,000
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| |
Program expenses |
$780,116,000
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| |
Fund raising expenses |
25,059,000
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Administrative expenses |
17,870,000
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|
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| Total expenses |
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$823,045,000
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Income in Excess of Expenses
|
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106,224,000
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| Beginning net assets |
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89,203,000
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Other Changes in Net Assets
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(9,646,000)
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| Ending net assets |
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185,781,000
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| Total liabilities |
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295,769,000
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| Total assets |
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$481,550,000
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Note 1: In the above financial summary, "other changes in net assets" represents an adjustment to CRS's defined benefit plan.
Note 2: According to CRS's audited financial statements for the fiscal year ended September 30, 2010, the organization received in-kind donations in the amount of $255,689,000 which includes agricultural commodities donated by USAID and USDA ($112,141,000), ocean freight ($94,184,000), commodities and other contributions provided by the EU, UN, and other donors ($36,452,000), medical supplies and other tangible assets ($9,386,000), and donated services ($3,526,000).
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