Overview
What is The Global Foodbanking Network?
The Global Foodbanking Network is a global non-profit organization based in Chicago, Illinois, dedicated to expanding the capacity of food banks worldwide. Through technical assistance, catalytic investments, and grants, they help food banks extend their service delivery, build operational resilience, and improve effectiveness. In FY 2023, GFN offered over 26,000 hours of technical assistance, granted $7.22 million, and established new programs focusing on food safety, public policy advocacy, knowledge sharing, and food recovery strategies. Their efforts resulted in the distribution of over 648 million kilograms of food, with 60% being least-processed products like fruits and vegetables. In FY 2023, they joined the UN Secretary General's Global Crisis Response Group to monitor and report on the impact of the cost-of-living crisis on vulnerable communities. The Rockefeller Foundation also supported their initiatives to increase food access and food recovery from various sectors.
Official website here: www.foodbanking.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
The Global Foodbanking Network has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to operational excellence and financial transparency. With a score of 100% in Accountability & Finance, the organization showcases robust governance practices, an independent board, and effective oversight mechanisms. The low liabilities to assets ratio and high program expense ratio suggest that a significant portion of their funds is directed towards impactful programs.
In terms of organizational culture, the charity scored 93% in Culture & Community, reflecting a positive environment that fosters collaboration and community engagement. The Leadership & Adaptability score of 100% highlights the network's investment in leadership development and its capacity to navigate challenges effectively. This suggests that the organization is well-prepared to adapt to changing circumstances in the food insecurity landscape.
While the organization demonstrates strong financial health and governance, the ratings also indicate a need for ongoing focus on community involvement and adaptability to maintain its high performance. Overall, The Global Foodbanking Network is positioned as a leading nonprofit in the food security sector, effectively managing resources to maximize its impact on global hunger alleviation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Global Foodbanking Network?
100% of 19 reviewers on Facebook recommend The Global Foodbanking Network. Here is a summary of their reviews:
Supporters express strong approval for the organization's mission, particularly its focus on addressing food insecurity in developing countries. The efforts to distribute food resources and provide aid in these areas resonate well with the public, who appreciate the tangible impact the nonprofit has on communities in need.
Overall, the sentiment towards The Global Foodbanking Network is exceedingly positive, with many highlighting its effectiveness in combating hunger and promoting sustainable food systems. The organization appears to truly fulfill its promises, earning the trust and support of those who engage with its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is The Global Foodbanking Network legitimate?
The Global Foodbanking Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Global Foodbanking Network submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,218,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,869,380
For more financial information, click here
Official website here: www.foodbanking.org
What is the mission statement of The Global Foodbanking Network?
The Global Foodbanking Network is a global non-profit organization dedicated to providing food to those in need and enhancing the capacity of food banks. Through essential technical support and strategic investments, food banks are empowered to expand their services, build operational resilience, and improve their effectiveness. In FY 2023, the Network's efforts resulted in over 26,000 hours of technical assistance and US$7.22 million in grants disbursed. The organization's accomplishments in FY 2023 include the establishment of new programming activities, such as food safety certification and public policy advocacy, as well as the invitation to join the UN Secretary General's Global Crisis Response Group to address the impact of the cost-of-living crisis on vulnerable communities. Approximately 648 million kilograms of food were distributed across the Network, with 60% being least-processed products, primarily fruits and vegetables.
Official website here: www.foodbanking.org
Who is the CEO of The Global Foodbanking Network?
Unavailable The CEO's salary of The Global Foodbanking Network is $403,059 and their total compensation is $420,496.
Official website here: www.foodbanking.org
What is the revenue of The Global Foodbanking Network?
The Global Foodbanking Network's revenue in 2023 was $16,054,696.
Official website here: www.foodbanking.org
Who are the executives of The Global Foodbanking Network and what are their salaries?
The average compensation at The Global Foodbanking Network during 2023 was $118,327. There are 43 employees and 19 volunteers at The Global Foodbanking Network.
Here are 28 key members and their salaries (The Global Foodbanking Network's CEO's salary is $403,059 and their total compensation is $420,496):
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Official website here: www.foodbanking.org
Where can I find the form 990 for The Global Foodbanking Network?
The Global Foodbanking Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foodbanking.org
Learn more at the official website: www.foodbanking.org
Mission Statement of The Global Foodbanking Network
The Global Foodbanking Network, a leading non-profit organization, is dedicated to advancing and uniting food banks worldwide to help alleviate hunger. With a mission to nourish the world's hungry, The Global Foodbanking Network offers essential technical support and catalytic investments to expand the reach and effectiveness of its member food banks.
Throughout FY 2023, The Global Foodbanking Network provided over 26,000 hours of technical assistance and consultancy to its food bank members, enabling them to broaden their service delivery capabilities. Financial support and programmatic investments totaling US$7,220,932 were disbursed to these members for capacity building, emergency assistance, and child hunger-school feeding programs. The Network's efforts proved successful, as 96% of the investment objectives were achieved during the grant period.
Moreover, in FY 2023, The Global Foodbanking Network introduced new pilot programs in food safety, public policy advocacy, knowledge sharing, and food recovery strategies. The organization's focus on food safety led to the implementation of independent, third-party certifications for members to ensure they meet or exceed the highest international standards for commercial food-grade facilities. The Global Foodbanking Network's dedication to improving food access in response to the cost-of-living crisis resulted in the distribution of over 648 million kilograms of food across the Network, with 60% of it falling into the least-processed product categories. The Network's efforts significantly increased the variety and nutritional quality of the food provided, delivering approximately 20 kilograms per person, or 60 meals, to individuals in need.
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Impact
October, 2024
The Global Foodbanking Network (GFN) significantly impacts hunger alleviation and food security globally. In FY 2023, GFN supported food banks in extending and enhancing their service delivery capabilities through over 26,000 hours of technical assistance and consultancy. This effort was bolstered by more than $7.2 million in grants, primarily focused on capacity building, emergency assistance, and child hunger initiatives.
Through its innovative capacity-building approach, GFN achieved a remarkable 96% success rate in meeting its catalytic investment objectives, allowing member food banks to cope with the increased demand for services, particularly during crises. They established new programming in critical areas such as food safety and public policy advocacy, ensuring that participating food banks meet high standards of food safety and quality management.
In terms of food distribution, GFN facilitated the delivery of over 648 million kilograms of food, emphasizing nutritional quality and increasing the variety of food provided. In FY 2023, 60% of the distributed food fell into the least-processed categories, including a remarkable 41% in fruits and vegetables. This effort translated to around 20 kilograms—nearly 60 meals—per person served, which marked an 18% increase from the previous year.
Additionally, GFN actively participated in addressing the cost-of-living crisis by providing real-time reports on the challenges faced by vulnerable communities to the UN Secretary-General’s Global Crisis Response Group. Notably, the Rockefeller Foundation recognized GFN’s work, awarding support to food banks in ten high-risk countries to enhance food access. Through these comprehensive initiatives, GFN continually advances its mission to nourish the world's hungry while fostering resilience within food bank operations and the communities they serve.
This information is meant to be a general summary of The Global Foodbanking Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $181,842
- Gross Receipts: $17,824,568
Assets and Liabilities:
- Total Assets: $17,541,942
- Total Liabilities: $1,693,844
- Net Assets: $15,848,098
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Organization Details
Founding Year
2006
Phone
(312) 782-4560Main Address
70 E Lake Street 1200, Chicago, IL, 60601
Website
www.foodbanking.orgNTEE Category
Code: Q30 - International
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