3.6
3.6
Author: Kaitlyn Short
Founded in 1982 and headquartered in Coconut Creek Florida, Food for the Poor operates in 17 Caribbean and Latin American countries and supplies food, secure housing, medical care, education, emergency relief, and clean water to the people and households of those nations who are in need. As an international non-profit organization, Food for the Poor offers several ways for donors to support its mission and combat poverty. Families and children in these countries are often suffering from malnutrition due to food shortages. Donors can put their money towards providing nutritious food and a meal to those people in need or even purchase livestock, supplies, monthly gifts, child sponsorship, and memorial gifts.
Food for the Poor's financial information from 2011 to 2014 is as follows:
To-date financial information and donation totals can be found on the foodforthepoor.org website.
For the fiscal year ending December 31, 2014, Food for the Poor reported that it spent 0.8 percent of its revenue on administrative expenses, or $7,630,451. The chairman and president of Food for the Poor, Mr. Robin Mahfood, received an annual salary of $395,664, or about 0.04 percent of the organization's revenue.
For the fiscal year ending December 31, 2014, Food for the Poor spent 3.4 percent of its revenue on fundraising expenses.
Food for the Poor reports an average of 95 percent of its income being spent on program delivery. That indicates responsible financial management under expectations put in place by charity watchdog organizations, which rate charitable organizations with program delivery percentages exceeding 70 to 80 percent favorably. This ensures that the proper ingredients and help are in some form reaching the poor people of the selected impoverished countries.
Food for the Poor regularly sends email newsletters and postal mail requests for funds. The allow donors to know where their donations are going. The organization also operates a robust blog and several social media accounts, including Facebook, Twitter, Instagram, and Google+. They provide continuous updates about the charity, and the families and children being helped.
Food for the Poor has been widely recognized for its mission, innovative marketing, and impact which it has made in the communities where it serves. A small sampling of recent awards is highlighted below, but is not meant to be a comprehensive list of the recognitions received by Food for the Poor.
Food for the Poor has published financial information from 2008 to 2014 online. However, the information which has been published is not comprehensive for all years. Additional improvements in the organization's transparency would be necessary in order for us to rate Food for the Poor more favorably on this particular criterion.
Food for the Poor has been the subject of some negative press in the past, including the following: 2000: Diversion of Funds/Sex Scandal In 2000, after police reports were made in Broward County, Florida, the FBI began an investigation of Food for the Poor. It was determined during the investigation was that Ferdinand Mahfood, founder of Food for the Poor, had diverted over $400,000 to two female employees, both of whom were romantic interests of his. This scandal resulted in Mr. Mahfood resigning and his brother, Robin Mahfood, assuming the roles of chairman and president of the organization. The Mahfood family repaid the mishandled funds. 2001-2002: Loss of Support from the Catholic Church After the above scandal was exposed, the Catholic Church removed its official support of Food for the Poor. However, there are several Catholic publications which now write positive stories about the organization. 2003-2007: Family Members of Founder Paid $1.9 Million in Salary and Benefits Food for the Poor began as a family nonprofit, so it is not surprising that there are several family members of the Mahfood family which have been on the organization's payroll. However, some view the number of family members and their respective salaries as indicators of nepotism and greed.
Food for the Poor is one of the largest charitable organizations in the U.S. and provides relief to those in the Caribbean and Latin America who face poverty. The non-profit organization provides nutritious food, clean water, medical care, education, and sustainable projects to poor households and communities. Food for the Poor's program delivery percentage indicates financial responsibility and the organization has received numerous awards, which helps its standing amongst numerous similar charities. However, Food for the Poor's accessible financial information is not comprehensive as to the and the organization has received some negative press in the past.
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