Better Business Bureau Report for
FeedMore

Better Business Bureau Report issued September 2014
Better Business Bureau Report expires October 2016


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: FeedMore
Address: 1415 Rhoadmiller St.
  Richmond, VA 23220
Phone: 804-521-2500
Web Address: www.feedmore.org
Also known as:FeedMore’s Central Virginia Food Bank
CVFB
Meals on Wheels Serving Central Virginia
Community Kitchen
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Better Business Bureau Comments

Year, State Incorporated: 1986, Virginia

Mission: FeedMore is the core hunger relief organization that includes the Central Virginia Food Bank, the Community Kitchen, and Meals on Wheels Serving Central Virginia. Our mission is: Working together to efficiently and effectively fight hunger to enhance lives in our community. We serve 31 counties and 5 cities in Central Virginia. It is FeedMore's mission to improve the quality of life of those in need by identifying the hungry, raising hunger awareness, and acquiring, distributing and preparing, healthy food and nutritious meals. We believe that every person has the right to live every day with adequate nutrition. Our Vision is that Feed More will maximize all available resources to ensure that none in our community shall go hungry. We will be a national model of excellence, efficiency, diversity and sustainability. We will listen to our clients and respond to their needs with a sense of urgency and respect. We will use our financial and human resources wisely. Our guiding principles include: 1) Accessible to the community, affordable, open when needed, able to deliver food in emergency or hardship situations. 2) Coordinated hunger relief working with partner agencies to prevent duplication and gaps in service. 3) Collaborative community efforts working with other hunger relief organizations to achieve maximum hunger relief with most efficient and effective use of community resources.

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Evaluation Conclusions

              

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Programs

              

FeedMore is Central Virginia’s core hunger-relief organization. Our primary goals are to provide food to children, families and seniors who are hungry in our community through our various programs. The Central Virginia Food Bank distributes over 80,000 pounds of food each day through a network of approximately 350 partner agencies; such as food pantries, soup kitchens, shelters, and child and adult care centers. More than 200,000 hungry children, families and seniors are served every year. More than 50,000 children in Central Virginia are chronically hungry and are not sure of their next meal. The Children’s Feeding Programs of FeedMore provides thousands of afterschool meals through Kids Café Program, weekend meals through BackPack Program and summer meals through the Summer Food Service Program. The Mobile Pantry Program of FeedMore delivers food to Central Virginians who live in underserved areas of high food insecurity. Almost 2,000 households are served each month at 20 distribution locations in the region. Our Food Referral Services, which includes the Hunger Hotline, walk-ins and online applications, assist more than 500 food-insecure individuals each month. The Community Kitchen prepares 2,750 meals a day for our Children’s Feeding Programs and Meals on Wheels Program with a focus on healthy foods, such as produce and lean protein. The Meals on Wheels Program provides more than 1,000 nutritious meals to homebound seniors and disabled adults every day. These well-balanced meals – and a security check by caring, delivery route volunteers – allow homebound neighbors to live safely and independently in their own homes.

For the fiscal year ended June 30, 2013, FeedMore's program expenses were:

  
Central Virginia Food Bank 36,862,012
Community Kitchen 2,420,052
Meals on Wheels 2,346,050
Total Program Expenses: $41,628,114
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Governance

              

Chief Executive : Mr. Douglas H. Pick, President & CEO
Compensation*: 

Chair of the Board: Mr. Thomas Rohman
Chair's Profession / Business Affiliation: McGuireWoods, LLP

Board Size: 20

Paid Staff Size: 105

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Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, print advertisements, television, radio, grant proposals, internet & website appeals, planned giving arrangements, and cause-related marketing.
Fund raising costs were 4% of related contributions. (Related contributions, which totaled $40,679,858, include $32,838,738 in donated foods and $7,841,120 received as a result of all other fund raising activities.)
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Financial

              

The following information is based on FeedMore's audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
Donated foods received 32,838,738
Board and individual donations 2,441,293
Government fees 1,821,481
Foundation grants and contributions 1,801,824
Direct mail contributions 1,527,906
Program fees 1,164,188
Corporate and other contributions 768,619
Civic organization contributions 557,485
Special events, net of $72,006 of expenses 394,081
Government grants 349,912
Unrealized and realized gain on investments, net 296,217
Interest and dividends 139,059
Membership fees 27,243
Rental income 21,820
Gain on sale of equipment 14,266
Miscellaneous income 8,933
Total Income $44,173,065


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Uses of Funds as a % of Total Expenses

Programs: 95%  Fund Raising: 3%  Administrative: 2% 

Total income $44,173,065
Program expenses $41,628,114
Fund raising expenses 1,442,092
Administrative expenses 823,223
Total expenses $43,893,429
Income in Excess of Expenses 279,636
Beginning net assets 19,800,508
Ending net assets 20,080,144
Total liabilities 761,316
Total assets $20,841,460


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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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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.

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