2024-06-24T08:03:52-05:00 2023-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2023-01-01 510175510 Bread for the World Institute BREA 2026399400 425 3rd Street SW 1200 Washington DC 20024 Delma Plummer VP of Finance/Admin 2026399400 2024-06-24 1 Delma Plummer 999009999 1 Jie Chen CPA P01049760 7038930300 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Eugene Cho 425 3rd Street SW 1200 Washington DC 20024 6759535 0 X www.bread.org X 1982 DC To provide analysis and education on hunger issues in the U.S. and around the world. 33 32 0 1 0 0 6271599 5745843 3450 12560 282274 903074 9037 20304 6566360 6681781 52000 2000 0 0 4169171 4236909 0 0 306002 2345451 2459143 6566622 6698052 -262 -16271 13827198 15707266 6669502 8526354 7157696 7180912 X To provide analysis and education on hunger issues in the United States and around the world. 0 0 3580957 12560 Public Education:Bread for the World Institute educates our network about hunger and how to end it. One area of work includes a focus on policies and structural issues that perpetuate hunger and poverty at disproportionate rates in African American/Pan African, Latino, and indigenous communities. (To be continued in Schedule O)Public Education:In 2023, Bread Institute's monthly newsletter, "Institute Insights," featured a range of topics, including promoting affordable fruits and vegetables; regenerative agriculture; the impacts of armed conflict, climate change, and gender bias on hunger; and the role of climate finance in ending hunger. Bread Institute held three Hunger Hotspots briefings, covering seven countries: Burkina Faso, Mali, Kenya, Haiti, Honduras, Afghanistan, and Cox's Bazar in Bangladesh. 1089532 Outreach & Advocacy:In June 2023, we hosted our annual June events in Washington, D.C. We held a Latino Consultation, Pan-African Convening, and Advocacy Summit to educate advocates about policies and programs that address hunger and poverty. The Latino consultation brought together 22 faith leaders, including a delegation from Puerto Rico. The Pan African consultation included approximately 60 faith leaders. (To be continued in Schedule O)Outreach and Advocacy (continued):Our Next Gen program was active on six college campuses in 2023, and we have plans to expand to an additional 5 campuses, including additional HBCUs and community colleges. The campuses that have been part of this work for several years are fully engaged with us around our farm bill advocacy and have held campus-based letter writing campaigns to Congress following our "Offering of Letters" model. They are also organizing around the issue of food insecurity on campus. 1310531 2000 Public Policy:(See Sch. O)Public Policy:Solving a complex problem such as hunger requires a clear understanding of the impact of specific policies and how policies affect each other. Bread's Policy and Research Institute's (PRI) nonpartisan analysis and identification of action steps help strengthen Bread as a trusted voice. Bread Institute contributed to research and thought leadership through briefings, coalition meetings, webinars, blogs, and policy papers on a variety of hunger-related policy and programs that came through Congress.Here are a few highlights from 2023: Bread's Policy and Research Institute supported our advocacy on the farm bill with research, analysis, coalition-building, and outreach events focused on Bread's legislative priorities. These priorities included the nutrition incentives program, known as GusNIP; Food for Peace; the McGovern-Dole Food for Education Program; and climate provisions. Our efforts included increasing grassroots support for legislation such as the Food Date Labeling Act.Bread for the World participated for the first time in the United Nations Climate Change Conference (COP 28), the most influential world gathering on climate change. We were invited to accompany a youth delegation, advocating to make food security and nutrition central to the global climate agenda. In preparation for COP, Bread Institute gathered the Global Faith Leaders for Climate Justice to End Hunger Coalition for convenings in 2023. Bread Institute also convened an AIM4 Climate Summit event highlighting innovations to address the global food crisis in cooperation with USAID and other partners.International financial institutions (IFIs) are the largest source of international financing for many low- and middle-income countries. Their support is more critical than ever as increasing numbers of people around the world face hunger and life-threatening malnutrition. In 2023, Bread for the World recruited members of Congress to join a new IFI Education Caucus. The bipartisan Caucus will focus on educating members of Congress and staff on the IFIs and the need for the U.S. to maintain its leadership role in supporting international poverty reduction efforts. 5981020 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Delma Plummer 2026399400 425 3rd Street SW Suite 1200 Washington DC 20024 Katherine Pringle Chair 1.00 1.00 X X 0 0 0 Heather Hardinger Vice Chair 1.00 1.00 X X 0 0 0 Mariam Mengistie Secretary 1.00 1.00 X X 0 0 0 Michael Goorhouse Treasurer 1.00 1.00 X X 0 0 0 Victor Adamo Director 1.00 1.00 X 0 0 0 Heber Brown Director 1.00 1.00 X 0 0 0 John T Hendrix Director 1.00 1.00 X 0 0 0 Lawrence Kirby II Director 1.00 1.00 X 0 0 0 Beverly Eileen Mitchell Director 1.00 1.00 X 0 0 0 Jason Fileta Director 1.00 1.00 X 0 0 0 Richard Coll Director 1.00 1.00 X 0 0 0 Frank Dew Director 1.00 1.00 X 0 0 0 Carol Myers Director 1.00 1.00 X 0 0 0 Bobby S Terry Director 1.00 1.00 X 0 0 0 Fernando Tamara Director 1.00 1.00 X 0 0 0 Patricia Frey Director 1.00 1.00 X 0 0 0 Jeremy Everett Director 1.00 1.00 X 0 0 0 Allison Mark Director 1.00 1.00 X 0 0 0 Susan Henry-Crowe Director 1.00 1.00 X 0 0 0 Rebecca Middleton Director 1.00 1.00 X 0 0 0 Kate Howe Director 1.00 1.00 X 0 0 0 Adam Edgerly Director 1.00 1.00 X 0 0 0 Jennifer Pelling Director 1.00 1.00 X 0 0 0 Frank Madison Reid Director 1.00 1.00 X 0 0 0 Amy Reumann Director 1.00 1.00 X 0 0 0 Joyce Rothermel Director 1.00 1.00 X 0 0 0 Katie Sexton Wood Director 1.00 1.00 X 0 0 0 Eric Roemer Director 1.00 1.00 X 0 0 0 Jeanette Salguero Director 1.00 1.00 X 0 0 0 Nikki Toyama-Szeto Director 1.00 1.00 X 0 0 0 Faustine Wabwire Director 1.00 1.00 X 0 0 0 James B Walker Director 1.00 1.00 X 0 0 0 Eugene Cho President 20.50 17.00 X X 164994 136825 66768 Heather Taylor Managing Director 19.00 18.50 X 93418 91709 33338 Delma Plummer VP Finance & Administration 20.00 17.50 X 103928 91438 40991 Larisa Friesen VP Development 32.00 5.50 X 145160 25359 49830 Matthew Gross Director, Organizing 19.00 18.50 X 70582 70148 17610 Edward Kaufholz Director, Communications 22.50 15.00 X 84405 57974 31790 Jeffrey Nelson Director, Finance 20.00 17.50 X 75674 64863 33999 Gail Smith-Gliss Controller 20.00 17.50 X 64580 55882 16043 Nancy Neal Minister,Spiritual Formation 20.50 17.00 X 65288 54141 23000 868029 648339 313369 3 0 1 0 0 1099177 203822 4442844 151906 5745843 Honorarium 900099 12510 12510 Publication 900099 50 50 12560 359825 359825 19840 0 19840 19840 19840 543249 0 543249 543249 543249 77754 203822 77754 0 List rental 900099 300 300 Other income 900099 164 164 464 6681781 12560 0 923378 X 2000 2000 618218 549418 30563 38237 2683751 2472521 109966 101264 221131 196521 10933 13677 451927 401633 22342 27952 261882 232737 12947 16198 2293 2293 19632 19632 976575 893315 41534 41726 61078 44225 12651 4202 29740 24926 3889 925 437906 341531 88724 7651 203301 202374 782 145 246443 223490 1662 21291 7059 7059 78307 55565 19177 3565 31824 31824 Membership services 192615 180823 11792 Other Expenses 68150 62437 5713 Printing and production 61607 52574 5 9028 Employee relations 22683 20159 1121 1403 19930 17712 985 1233 6698052 5981020 411030 306002 X 370924 276755 0 94169 1226434 1945794 2455705 2567036 889530 1634910 64755 101533 424486 125450 377343 299036 5778286 6642497 3035145 2516460 13827198 15707266 52911 4083 842644 670683 5773947 7851588 6669502 8526354 X 4268573 3710967 2889123 3469945 7157696 7180912 13827198 15707266 -16271 39487 0 X 0 1 X 1 0 X 6263018 5506587 4831416 6271599 5745843 28618463 6263018 5506587 4831416 6271599 5745843 28618463 2557349 26061114 249912 302446 215049 259102 379665 1406174 1225 1091 873701 9037 464 885518 30910155 21107 0.84310 0.75520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 6698052 6698052 484903 121226 0 0 521448 475666 478331 484903 1960348 2940522 130362 118917 119583 121226 490088 735132 5437252 375024 774701 324943 6262034 5496199 1048015 -799938 307024 5437252 5004223 187823 599103 294950 5496199 4447224 145457 518680 107138 5004223 3799863 178779 636499 167917 4447224 0.80065 0.18396 0.01539 0 0 380899 93941 286958 43587 31509 12078 299036 Deposits 235915 Due from the Alliance 14896 Right-of-use assets - operating lease 2265649 2516460 Due to Bread 4800004 Lease liability - operating lease 3051584 7851588 X 6799022 39487 77754 117241 6681781 0 6681781 6775806 77754 77754 6698052 0 6698052 Part V, Line 4: To provide permanent capital and an ongoing stream of income. Part X, Line 2: Management has evaluated the Institute's tax positions and concluded that there are no significant uncertain tax positions that qualify for either recognition or disclosure in the financial statements. Part XI, Line 2d - Other Adjustments: Direct fundraising expenses 77,754. Part XII, Line 2d - Other Adjustments: Direct fundraising expenses 77,754. X X X X X X 1 AB Data Limited (ABD Direct) 600 AB Data Drive Milwaukee WI 53217 Direct Response Fundraising 0 85478 136897 -51419 Lautman Maska Neill & Company 1730 Rhode Island Avenue NW 301 Washington DC 20039 Direct Response Fundraising 0 70150 24625 45525 Telefund Inc 186 Lincoln St Ste 100 Boston MA 021112497 Telemarketing 0 10 7324 -7314 155638 168846 -13208 AL AR AZ CA CO CT DE FL GA HI IA ID KS KY LA MA MD ME MI MN MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX VA VT WA WI WV AK New York Event Gala 281576 203822 77754 14173 28576 35005 281576 203822 77754 14173 28576 35005 77754 0 X X X 0 0 0 0 0 0 0 0 0 Eugene Cho President 164994 136825 0 0 0 0 20343 16870 16157 13398 201494 167093 0 0 Delma Plummer VP Finance & Administration 103928 91438 0 0 0 0 12491 10990 9315 8195 125734 110623 0 0 Larisa Friesen VP Development 145160 25359 0 0 0 0 17260 3015 25160 4395 187580 32769 0 0 Heather Taylor Managing Director 93418 91709 0 0 0 0 11182 10977 5641 5538 110241 108224 0 0 Jeffrey Nelson Director, Finance 75674 64863 0 0 0 0 8835 7573 9472 8119 93981 80555 0 0 Edward Kaufholz Director, Communications 84405 57974 0 0 0 0 9867 6777 8979 6167 103251 70918 0 0 Matthew Gross Director, Organizing 70582 70148 0 0 0 0 8241 8191 591 587 79414 78926 0 0 X 14 151906 FMV 0 1 0 Form 990, Part VI, Section B, line 11b The Controller and Director of Finance compare the Federal Form 990 to the audited financial statements. All variances are verified against schedules to determine that they are correct. Form 990, Part VI, Section B, line 12c On an annual basis, members of the Board of Directors sign a new conflict of interest statement. Any possible conflicts listed are reviewed by the Vice-President of Finance and Administration to determine if they truly reflect a conflict. If so, the statements are discussed with the audit committee. If the committee believes that conflict is real, the Board member is asked to either resign from the Board of Directors or stop the activity that is creating the conflict. Form 990, Part VI, Section B, line 15 The Institute does not directly hire or compensate employees. All employees are employees of Bread of the World, Inc. (BREAD), a related organization exempt under Section 501(c)(4). Periodically, BREAD's Human Resource Department receives general market data from an outside compensation consultant to determine if salaries are in line with organizations of similar mission and/or size. A more thorough market analysis of compensation specific positions is provided by an outside compensation consultant on an ad hoc basis. The President's salary is reviewed by the Board of Directors of a periodic basis. This is discussed and documented in the executive session. These notes are kept by the Board Secretary and are not open to the public. However, the Board of Directors does seek the same independent comparison data for the President that BREAD seeks for all other staff (including other members of the Executive Team). Form 990, Part VI, Section C, line 19 The Institute's website includes governance and financial information. Several charity and business rating sites, such as the Better Business Bureau and Charity Navigator, also post these documents and additional information. The Institute also makes information available to the public upon request. Form 990, Part IX, line 11g Other consulting: Program service expenses 893,315. Management and general expenses 41,534. Fundraising expenses 41,726. Total expenses 976,575. Bread for the World Inc 425 3rd Street SW Suite 1200 Washington DC 20024 132803276 Advocacy DC 501(c)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 Bread for the World Inc N 1750782 Allocation Bread for the World Inc O 3474008 Timesheets Bread for the World Inc P 2749000 Cash