BBB Wise Giving Report for
World Food Program USA

BBB Wise Giving Report issued September 2010
BBB Wise Giving Report expires September 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: World Food Program USA
Address: 1819 L Street, NW, Suite 900
  Washington, DC 20036
Phone: 202-530-1694
Web Address: www.wfpusa.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1995, Delaware
Affiliates: World Food Program USA
Stated Purpose: “to increase awareness about global hunger issues; mobilize support for hunger relief programs and activities; and generate resources for activities that alleviate hunger, including World Food Program (WFP) activities."

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Evaluation Conclusions

               

World Food Program USA (WFP USA) meets the 20 Standards for Charity Accountability.
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Programs

               

As the food assistance arm of the United Nations, WFP works to put hunger at the center of the international agenda and promotes policies, strategies and operations that benefit the poor and hungry. In 2010, WFP aims to feed more than 90 million people in 73 countries. WFP uses food to meet emergency needs and support economic and social development. WFP also provides the logistical support to get food to the right people at the right time and in the right place.

For the year ended December 31, 2008, WFP USA's program expenses were:

  
Grants to UNWFP 17,822,429
Other program expenses 2,220,800
Total Program Expenses: $20,043,229
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Governance

               

Chief Executive : Richard Leach, President and CEO
Compensation*:
 Unknown

Chair of the Board: Randall M. Russell
Chair's Profession / Business Affiliation: President and partner, Russell and Barron, Inc.

Board Size: 13

Paid Staff Size: 14

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. Karen Sendelback was the organiztion's President and CEO for 2008 and recieved compensation of $372,673. The Alliance is unable to report compensation information on the current President and CEO, Richard Leach, at this time.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, print advertisements, grant proposals, Internet appeals, planned giving, and cause-related marketing.
Fund raising costs were 9% of related contributions. (Related contributions, which totaled $23,837,517, are donations received as a result of fund raising activities.)
WFP USA incurred joint costs of $640,005 for informational materials and activities that included fund raising materials. Of those costs, $384,003 was allocated to fund raising expenses, $236,802 was allocated to program expenses, and $19,200 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 WFP USA's audited financial statements for the year ended December 31, 2008.

Source of Funds  
Donations 23,809,292
Interest income 71,434
Special events (net) 22,225
Donations received in-kind 6,000
Total Income $23,908,951


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 9%  Administrative: 2% 

Total income   $23,908,951
  Program expenses $20,043,229
  Fund raising expenses 2,067,389
  Administrative expenses 429,127
 
Total expenses   $22,539,745
Income in Excess of Expenses   1,369,206
Beginning net assets   4,716,379
Ending net assets   6,085,585
Total liabilities   7,957,892
Total assets   $14,043,477


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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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