2015-01-16T14:10:35-08:00 2014-06-30 WILLIAMS & OLDS CPAS 900 UNIVERSITY AVENUE SUITE 100 SACRAMENTO CA 958256737 990 2013-07-01 951647835 Freedom from Hunger FREE 8007082555 1460 Drew Avenue Suite 300 Davis CA 95618 Ron Forrest VP Operations 2015-01-14 true Steven J Olds CPA P01343979 9168581680 2013 2016-03-07 17:11:31Z X Marianne Udow-Phillips 5792948 false false X www.freedomfromhunger.org X 1946 CA Freedom from Hunger brings innovative and sustainable self-help solutions to combat chronic hunger and poverty by offering microfinance, education and health protection services to more than 5.69 million women in 23 developing countries in Africa, Asia and Latin America. 23 23 32 23 0 5079843 5133404 0 98405 143136 28552 13861 5206800 5290401 803253 591330 0 3103210 3361050 141284 126428 588078 2274173 1992607 6321920 6071415 -1115120 -781014 5303586 5216730 908672 1154976 4394914 4061754 X Freedom from Hunger brings innovative and sustainable self-help solutions to the fight against chronic hunger and poverty. By partnering with local organizations, including microfinance institutions (MFIs) and non-governmental organizations (NGOs), Freedom from Hunger is reaching 5.69 million womenand by extension 29 million people (including their family members)in 2014, equipping them with resources they need to build futures of health, hope and dignity. Our self-help programs invest in women and their determination to feed their children and safeguard their health. We focus on women because they are the primary caretakers of those most vulnerable to chronic hungerchildren under the age of five. Freedom from Hunger currently works with partners in 23 countries throughout Africa, Asia and Latin America, promoting the adoption and implementation of its methodologies that address the root causes of poverty and chronic hunger.Access to financial services is important. Savings, loans, ins false false 2382664 3450 Global Programs - Programs include the development and dissemination of education on topics such as health, nutrition, family planning, financial education for the poor, and better business. Other projects include research, hunger awareness activities, progress tracking, impact research and new program development. 1418308 512652 10453 Africa Programs - 7,478,248 persons benefited from poverty alleviation, increased health/nutrition/business knowledge and practice, and improved household food security and children's nutrition. 1021866 67860 16192 Central & South America Programs - 5,125,130 persons benefited from poverty alleviation, increased health/nutrition/business knowledge and practice, and improved household food security and children's nutrition. 220210 2988 3036 5043048 true true false false false false false false false true true false false true false true true false false true true true false true false false false false false true false false false false false false false false false false false true false false false false false false false false false true 44 0 true 32 true false false true OC false false false false false 0 false false false false false false false false false false X 23 23 false false false false false false false true false false false true true true true true true true true false X X Freedom from Hunger 8007082555 1644 DaVinci Court Davis CA 95618 Auger Richard C Vice Chair/BOT 2.00 0.00 X X 0 0 0 Carter Michael R Trustee 2.00 0.00 X 0 0 0 Cordes Marty Trustee 2.00 0.00 X 0 0 0 Devin Beth Trustee 2.00 0.00 X 0 0 0 Dooley Elizabeth Trustee 2.00 0.00 X 0 0 0 Foote Sean Trustee 2.00 0.00 X 0 0 0 Goshin Arthur R MD MPH Trustee 2.00 0.00 X 0 0 0 Hamm William G Trustee 2.00 0.00 X 0 0 0 Leatherman Sheila Trustee 2.00 0.00 X 0 0 0 McNally Ginger Trustee 2.00 0.00 X 0 0 0 Medearis Robert W Trustee 2.00 0.00 X 0 0 0 O'Kane Margaret Trustee 2.00 0.00 X 0 0 0 Plimpton Susan B Trustee 2.00 0.00 X 0 0 0 Priddy Edward Trustee 2.00 0.00 X 0 0 0 Reggie Ed Michael Trustee 2.00 0.00 X 0 0 0 Robinson William B Treasurer 2.00 0.00 X X 0 0 0 Roth Catherine C Secretary 2.00 0.00 X X 0 0 0 Thomas J Grover Jr Trustee 2.00 0.00 X 0 0 0 Udow-Phillips Marianne Chair/BOT 2.00 0.00 X X 0 0 0 Wilkes Susan Cornell Trustee 2.00 0.00 X 0 0 0 Wolfson Daniel B Trustee 2.00 0.00 X 0 0 0 Woll Douglas R MD FACP Trustee 2.00 0.00 X 0 0 0 Yi Yu Trustee 2.00 0.00 X 0 0 0 Forrest Ron VP Operations 40.00 0.00 X 123457 0 16241 Hollingworth Steve President 40.00 0.00 X 273061 0 26852 Souders William VP Tech Strateg 40.00 0.00 X 77000 0 0 Stack Kathleen E MS VP Programs 40.00 0.00 X 138912 0 12667 612430 55760 3 false true false Sanky Communications Inc 599 11th Avenue 6th Floor New York NY 10036 Website, Fundraising 193744 1 28202 5105202 59826 5133404 0 51571 51571 0 0 0 594112 502547 91565 91565 91565 0 0 0 Miscellaneous 900099 13861 13861 13861 5290401 156997 0 0 591330 591330 0 687781 533879 125986 27916 54000 54000 2029762 1805657 151746 72359 98006 84439 9442 4125 283595 237018 37580 8997 207906 183308 17690 6908 43455 42419 832 204 6964 6964 35701 17201 18500 0 126428 126428 0 601126 594287 1149 5690 0 570272 252813 20842 296617 0 0 120832 111052 7237 2543 432570 409143 18472 4955 0 42996 34321 8675 0 0 34008 28683 3941 1384 51098 32348 18157 593 Other fundraising costs 29359 29359 Other personnel costs 20430 20390 40 Currency exchange gains (loss) 3796 3796 0 6071415 5043048 440289 588078 472283 243588 321459 374891 0 68905 34232 0 0 0 0 169192 90141 1356744 915432 473057 441312 3340359 3630795 0 0 0 458331 401771 5303586 5216730 581730 776877 326938 378099 4 908672 1154976 X 3422756 3889974 894380 94002 77778 77778 4394914 4061754 5303586 5216730 X -781014 383188 64666 X false true X true false X 7806105 6308006 6375222 5079843 5133404 30702580 0 0 7806105 6308006 6375222 5079843 5133404 30702580 7573983 23128597 37513 78911 69836 79303 51571 317134 0 3468 14581 28334 28552 13861 88796 31108510 0.74350 0.69250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 77778 77778 77778 77778 77778 77778 77778 77778 77778 77778 1.00000 false false false 145437 145437 766195 593095 173100 260726 145387 115339 184386 176950 7436 441312 Cash Surrender Value of Life Insurance 281652 Hitzler Trust 77778 Other 12000 Split Interest Agreements 30341 401771 X 5906190 383188 167935 64666 615789 5290401 5290401 6239350 167935 167935 6071415 6071415 Part X : FIN48 Footnote The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Freedom from Hunger to report information regarding its exposure to various tax positions taken. Freedom from Hunger has determined whether any tax positions meet the recognition threshold and have measured the exposure to those tax positions. Management believes that Freedom from Hunger has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to Freedom from Hunger are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Change in Surrender Value of Life Insur. $45096 Change in value of split interest agreem $19570 true Sub-Sahara Africa 2 7 Program services AIMFY;CWE; MAHP;SFC 1418308 South America 2 4 Program services AIMFY; CWE;MAHP; SFC 559215 North America 1 4 Program services CWE; SFC 462651 South Asia 2 4 Program services CWE; MAHP 210422 E Asia & the Pacific 0 0 Program services CWE; MAHP; SFC 9788 0 0 Definitions: 0 0 0 AIMFY (Advancing Integr. Microfin. for Youth) 0 0 0 CWE (Credit with Educ.) 0 0 0 MAHP (Microfinance and Health Protection) 0 0 0 SFC (Saving for Change) 0 7 19 7 19 2660384 2660384 South America AIMFY 10888 Wire transfer South America AIMFY 5908 Wire transfer South America MAHP 8000 Wire transfer South America SFC 30722 Wire transfer Sub-Sahara Afri AIMFY 5383 Wire transfer Sub-Sahara Afri AIMFY 5480 Wire transfer Sub-Sahara Afri AIMFY 8000 Wire transfer Sub-Sahara Afri AIMFY 9900 Wire transfer Sub-Sahara Afri SFC 104161 Wire transfer Sub-Sahara Afri SFC 106118 Wire transfe Sub-Sahara Afri SFC 86167 Wire transfe Sub-Sahara Afri SFC 89277 Wire transfe Sub-Sahara Afri SFC 95821 Wire transfe 6 7 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Freedom from Hunger requires written agreements and contracts for international grants. Such contracts contain stipulated objectives related to the Freedom from Hunger mission, a project budget, required periodic reporting of financial and operational progress, expected outcomes plus deliverables. Freedom from Hunger management maintains regular contact with grantees via email, phone and internet connections for updates on financial and operational progress as well as political and socio-economic trends. Freedom from Hunger staff conducts periodic field visits to ensure accurate reporting of expenditures against budget and maintain focus on mission and objectives. In general, all methods of communication and local visit will be used to ensure compliance with charitable activities, anti-terrorism legislation and Foreign Corrupt Practices Act among other non-profit compliance standards. X X false Sanky Communica 599 11th Avenue New York NY 10036 false 193744 193744 X X X false false false false false false false false false false Hollingworth Steve President 273061 17650 9202 299913 Stack Kathleen E MS VP Programs 138912 4193 8474 151579 X 16 40468 Sales Price X Supplies 2 2088 Actual Cost X Travel Reimb. 7 17270 Actual Cost false false false Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Global Programs - Programs include the development and dissemination of education on topics such as health, nutrition, family planning, financial education for the poor, and better business. Other projects include research, hunger awareness activities, progress tracking, impact research and new program development. OTHER PROGRAM SERVICES 5: Freedom from Hungers programs provide women in chronically hungry communities the tools they need to help themselves and their families move toward futures of health, dignity and self-reliance. By working in partnership with other local organizations, typically microfinance institutions (MFIs) and non-governmental organizations (NGOs), Freedom from Hungers programs are reaching more than 5.69 million clients in 23 countries.Microfinance and Health Protection (MAHP) is offered through both MFIs and NGOs and offers a range of health-protection servicesincluding health education, health financing (health loans, health savings accounts and micro-insurance) and linkages to health-service providers and products. Together, these services help poor women and their families become more resilient in the face of health and financial shocks. By improving the health and financial stability of their clients, MAHP also helps support the sustainability of the institutions themselves.Current areas of focus include maternal and child health; non-communicable diseases; and water, sanitation and hygiene (WASH).In 2014, Freedom from Hunger expanded the MAHP initiative to serve 2.73 million people in ten countries. Scale: 2.73 million peopleCountries Served: Bnin, Bolivia, Burkina Faso, Cambodia, Ecuador, Ghana, India, the Philippines, Peru and VietnamSaving for Change is Freedom from Hungers program for self-managed saving and lending groups. Offered primarily through NGOs, this approach enables outreach into rural areas where women have little or no access to formal financial services.It combines group-based savings with simple, relevant, high-impact training in health, business and money management. Participants are trained, not only to manage the groups themselves, but to help start new groups in and around their communities. In 2014, more than 740,000 women living in very poor, rural areas in 13 countries are participating in Saving for Change. Scale: 740,236 peopleCountries Served: Bnin, Brazil, Burkina Faso, Cambodia, Colombia, El Salvador, Guatemala, Honduras, Mali, Mexico, Niger, Peru and SngalCredit with Education, Freedom from Hungers signature service-delivery innovation, is offered through MFIs. It combines access to financial services with dialogue-based adult education for groups of poor women in rural areas. Education topics include business, basic financial literacy, health and nutrition.In 2014, Credit with Education is reaching 17 countries and more than 1.56 million clients.Scale: 1.56 million peopleCountries Served: Bnin, Bolivia, Burkina Faso, Ecuador, Ghana, Guatemala, Haiti, Honduras, India, Madagascar, Mali, Mexico, Peru, the Philippines, South Africa, Togo and VietnamAdvancing Integrated Microfinance for Youth (AIM Youth) is Freedom from Hungers pilot initiative to design, test and document youth-focused microfinance and financial education services specifically designed to meet the financial needs of young people. Funded by The MasterCard Foundation, Freedom from Hunger is partnering with MFIs and NGOs in Ecuador and Mali.In 2014, more than 39,000 young people are participating in AIM Youth, with aggregate savings in excess of $730,000. Pilot Scale: 39,408 young peopleCountries Served: Ecuador and Mali Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 workpapers are prepared by the Director, Finance and Chief Financial Officer. The draft Form 990 is then prepared by an independent CPA firm. Subsequently, the draft Form 990 is presented to the Audit Committee for review and acceptance. Once accepted, an electronic version of the Form 990 is provided to the Board of Trustees. The Audit Committee presents the Form 990 at the annual board of trustee meeting. The Board of Trustees is given 7 days to provide comments or ask questions prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Freedom from Hunger maintains a Conflicts of Interest Policy for trustees, officers, employees and volunteers. Upon commencement of duties and annually thereafter, trustees, officers, employees and volunteers sign a conflict of interest statement. Any conflict of interest is disclosed to the Board of Trustees and included in the minutes to reflect that any interested person is not present during final discussion or vote and did not vote. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees A Compensation Committee meets annually to discuss and review officer and key employee compensation. The Compensation Committee reviews salaries based upon independent salary surveys for the industry and region. The Compensation Committee then reports directly, in private session, to the Chair. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Freedom from Hunger makes its Form 990, audited financial statements and annual reports available on our website. Other governing documents, policies, Form 990 and audited financial statements are also available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Change in Surrender Value of Life Insur. = $45096 Other Changes In Net Assets Or Fund Balances - Other Increases Change in value of split interest agreem = $19570