Better Business Bureau Report for
FeedMore

Better Business Bureau Report issued October 2012
Better Business Bureau Report expires October 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: 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
Affiliates: None
Stated Purpose: 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 feed hungry children, hungry families and hungry seniors. Our programs include: Distribution Center, which distributes more than 19 million pounds of food per year to move than 100,000 people monthly utilzing a partner network of more than 300 partner agencies; Kids Cafes which deliver healthy meals prepared in the Community Kitchen to 70 sites in the Richmond and Tri-Cities area, serving more than 3,500 children each weekday; BackPack Program which assembles and delivers sacks of healthy weekend food to the regions most chronically hungry children each week (currenlty serving approximately 2,000 children each week); Summer Feeding Program, which provides breakfast and lunch meals prepared in our Community Kitchen to children during the summer (during Summer 2012, we provided more than 3,800 meals per weekday); Mobile Pantry, which delivers more than 7,000 pounds of food per visit to areas of dense poverty where people lack access to healthy food, serving an average of 200 families per visit; Meals on Wheels, which delivers healthy food prepared in our Community Kitchen to homebound disabled or elderly, serving more than 600 people per day. Meals on Wheels volunteers also perform important safety checks daily for clients, allowing people to age in place, and provides a host of ancillary services that include Meals for Pets, medical nutritional supplements, delivery of portable heating and cooling devices as needed, and our Holiday Angels program which provides gifts of personal essentials and cards for clients.

For the fiscal year ended June 30, 2011, FeedMore's program expenses were:

  
Food Bank 24,843,122
Community Kitchen 2,390,730
Meals on Wheels 2,266,601
Total Program Expenses: $29,500,453
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Governance

              

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

Chair of the Board: Mark Smith
Chair's Profession / Business Affiliation: Midas of Central Virginia

Board Size: 18

Paid Staff Size: 120

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Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, print advertisements, radio, grant proposals, internet, planned giving arrangements, and cause-related marketing.
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $29,686,733, are donations received as a result of fund raising activities.)
FeedMore incurred joint costs of $519,702 for informational materials and activities that included fund raising materials. Of those costs $65,151 was allocated to program expenses, $451,069 was allocated to fund raising expenses, and $3,482 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 FeedMore Inc.'s audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
Donated Food & Services 21,563,969
Individual Donations 2,460,079
Government Fees 1,837,362
Direct Mail Contributions 1,620,786
Foundation Grants 1,590,303
Program Fees 1,135,227
Corporate & Other Contributions 705,918
Civic Organization Contributions 611,752
Special Events 511,766
Government Grants 391,160
Unrealized & Realized Gain on Investments 317,808
Board Donations 231,000
Interest & Dividends 138,802
Membership Fees 30,760
Miscellaneous Income 6,438
Rental Income 6,000
Gain on Disposal of Fixed Asset 1,500
Total Income $33,160,630


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Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 5%  Administrative: 2% 

Total income $33,160,630
Program expenses $29,500,453
Fund raising expenses 1,511,283
Administrative expenses 787,087
Total expenses $31,798,823
Income in Excess of Expenses 1,361,807
Beginning net assets 20,376,759
Ending net assets 21,738,566
Total liabilities 1,238,151
Total assets $22,976,717


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