2024-11-05T15:03:56-06:00 2023-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2023-01-01 262975093 FEED THE HUNGER FUND FEED 4157932429 100 MONTGOMERY STREET THE PRESIDIO SAN FRANCISCO CA 94129 PATRICIA CHANG CEO 4157932429 2024-11-04 1 0 JACOB YAU P01560332 4089988400 2023 2024-10-15 13:58:12Z PATRICIA CHANG 100 MONTGOMERY STREET THE PRESIDIO SAN FRANCISCO CA 94129 2946829 0 X WWW.FEED-HUNGER.COM X 2008 CA PROVIDE ENTREPRENEURS WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE & NETWORKS TO INCREASE THEIR INCOME & BUILD ASSETS. 8 7 9 12 0 0 2080437 2596622 209933 302905 1718 27204 0 0 2292088 2926731 51900 94080 0 0 667394 853747 0 0 116044 629268 1040810 1348562 1988637 943526 938094 6897965 10445446 3805171 6414558 3092794 4030888 X FTHF PROVIDES ENTREPRENEURS WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE AND NETWORKS THAT HELP TO INCREASE THEIR INCOME AND BUILD THEIR ASSETS. FOCUSING PRIMARILY ON LOW-INCOME, DISADVANTAGED FOOD ENTERPRISES. 0 0 1569506 94080 302905 FEED THE HUNGER FUND (THE FUND), A CALIFORNIA PUBLIC BENEFIT FINANCE INSTITUTION, WAS FOUNDED IN JULY 2008. AS A COMMUNITY DEVELOPMENT FINANCE INSTITUTION, THE FUND PROVIDES ENTREPRENEURS WITH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE AND NETWORKS THAT HELP TO INCREASE THEIR INCOME AND BUILD THEIR ASSETS. FOCUSING PRIMARILY ON FOOD AND AGRICULTURE RELATED ENTERPRISES PREDOMINANTLY OWNED BY LOW INCOME DISADVANTAGED ENTREPRENEURS AND BUSINESS OWNERS, THE FUND EXISTS TO CREATE HEALTHY, EQUITABLE AND SUSTAINABLE REGIONAL FOOD SYSTEMS THAT NOURISH US ALL. THE FUND RECEIVES THE MAJORITY OF ITS FUNDING AND INVESTMENTS THROUGH THE GOVERNMENT. THE FUND ADDITIONALLY BORROWS AND RECEIVES GRANTS AND CONTRIBUTIONS FROM AGENCIES, FOUNDATIONS, AND INDIVIDUALS.IN ADDITION TO BEING A RESPONSIBLE INVESTOR FOCUSED ON ENSURING FINANCIAL EQUITY, THE FUND ALSO INCORPORATES HUMAN AND ENVIRONMENTAL ASPECTS AND TRADITIONAL PRACTICES AND CULTURE AS NECESSARY PARTS OF THE SOLUTION TO CURRENT CLIMATE CHANGE.BY 2023, THE FUND HAD MADE $12.8 MILLION IN SMALL BUSINESS AND MICROLOANS IN CALIFORNIA AND HAWAII AND PROVIDED TECHNICAL ASSISTANCE TO CREATE AND RETAIN JOBS. 1569506 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA HI X PATRICIA CHANG 4157932429 100 MONTGOMERY STREET THE PRESIDIO SAN FRANCISCO CA 94129 PATRICIA CHANG CEO 40.00 X X 179760 0 43017 MARK MURAKAMI CHAIRPERSON 3.00 X X 0 0 0 MARIA SOLEDAD TEH VICE CHAIR 3.00 X X 0 0 0 VIVIAN PHAM TREASURER 3.00 X X 0 0 0 LETICIA CORONA SECRETARY 2.00 X X 0 0 0 PHILIP BACCHUS DIRECTOR 2.00 X 0 0 0 EUNICE AZZANI DIRECTOR 2.00 X 0 0 0 BRETT MELONE DIRECTOR 2.00 X 0 0 0 179760 0 43017 1 0 1 0 BOLD COAST CONSULTING 30 N GOULD STREET STE R SHERIDAN WY 82801 CONSULTING 163002 1 100000 1034518 1462104 20098 2596622 MICROLOAN INTEREST 522291 236923 236923 LOAN FEES 522291 65982 65982 302905 27538 27538 19764 20098 -334 -334 -334 2926731 302905 0 27204 74000 74000 20080 20080 179760 44940 62916 71904 519624 467138 37073 15413 100110 73299 14312 12499 54253 39724 7756 6773 8466 6717 1049 700 154340 154340 113802 84624 22510 6668 9853 8516 802 535 33289 33289 10419 9151 761 507 38163 38163 23360 23360 58303 58303 1162 1162 10454 7841 1568 1045 BAD DEBT RESERVE 579199 579199 1988637 1569506 303087 116044 1024311 680568 2056863 4288029 60469 325167 3740636 5128550 13266 12225 1036 1041 13844 21285 806 806 6897965 10445446 217231 236772 498611 585474 748 760 3088581 5591552 3805171 6414558 X 2886055 3211744 206739 819144 3092794 4030888 6897965 10445446 938094 0 X 0 1 X 1 1 1 X 1398920 1390387 1786807 2080437 2596622 9253173 1398920 1390387 1786807 2080437 2596622 9253173 684852 8568321 5797 4483 1468 1381 27538 40667 9293840 935064 0.92190 0.93620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 13266 12225 1041 1041 X 2926731 0 2926731 0 2926731 1988637 0 1988637 0 1988637 PART IV, LINE 2B: THE FUND IS A FISCAL SPONSOR FOR GREENWHEEL FOOD HUB AND NUESTRA FUND. THE FUND COLLECTS GRANT REVENUES AND REVIEWS DISBURSEMENTS FOR REASONABLENESS. PART X, LINE 2: THE FUND IS A TAX-EXEMPT FUND UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 23701D OF THE CALIFORNIA TAX CODE. MANAGEMENT EVALUATED THE FUND'S TAX POSITIONS AND CONCLUDED THAT THE FUND HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. 1 WILLIE'S HOT SAUCE LLC 532 8TH ST OAKLAND CA 94607 372039022 9000 0 SUPPORT STREET FOOD VENDORS - WORKING CAPITAL BON PACK FARMS INC 18600 AVENUE 17 1/2 MADERA CA 93637 474778669 12000 0 SUPPORT STREET FOOD VENDORS - SOLAR AND IRRIGATION 0 2 SUPPORT STREET FOOD VENDORS FORMALIZING AND EXPANDING BUSINESSES 14 20080 PART I, LINE 2: GRANTS WERE APPROVED BASED ON THE NEED EXPRESSED BY THE APPLICANTS IN THEIR APPLICATION FORMS AND INTERVIEW. X 0 0 0 0 0 0 0 0 0 PATRICIA CHANG CEO 179760 0 0 0 0 0 0 0 43017 0 222777 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED BY THE CEO AND APPROVED BY THE BOARD PRIOR TO FILING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST IS BROUGHT UP WITH THE BOARD MEMBERS AT THE ANNUAL BOARD MEETING. IF THERE IS A CONFLICT OF INTEREST, THE MEMBER WOULD NEED TO STATE THE CONFLICT, WOULD NOT BE ALLOWED TO VOTE IN THE AREA REGARDING THE CONFLICT, AND COULD NOT BE INVOLVED IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE FUND UTILIZES A KEY BOARD MEMBER'S EXPERTISE IN RECRUITING IN BOTH THE CORPORATE AND SOCIAL SECTORS, AND KNOWLEDGE OF COMPARABLE COMPENSATION DATA. THE BOARD ALSO REVIEWS AND APPROVES OF THE ANNUAL SALARY CHANGES OF THE EXECUTIVE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D).