2026-06-18T12:35:11-05:00 2025-12-31 582676261 Rogers & Company PLLC 1775 Tysons Boulevard Suite 1200 McLean VA 22102 990 2025-01-01 132803276 Bread For The World Inc BREA 2026399400 425 3rd Street SW 1200 Washington DC 20024 Eugene Cho President/CEO 2026399400 2026-06-17 1 Jie Chen CPA P01049760 7038930300 2026-06-15 2025 2025-03-06 01:10:19Z Eugene Cho 425 3rd Street SW 1200 Washington DC 20024 9858344 0 X www.bread.org X 1982 DC Advocate for changes in policies/programs/conditions that allow hunger & poverty to persist. 36 35 101 35 0 0 9400197 7001279 47744 69466 175191 267037 51945 24179 9675077 7361961 0 0 0 0 3173124 3659275 456072 487472 1089651 3112538 3207861 6741734 7354608 2933343 7353 14518109 14336959 3028477 2827178 11489632 11509781 X To advocate for changes in policies, programs and conditions that allow hunger and poverty to persist, both in the United States and around the world. 0 0 2819561 69466 Public Education: The Offering of Letters (OL) is Bread for the World's primary activist tool. The OL is a powerful concept, where churches and community groups learn about hunger-related concerns and organize letter-writing to educate their Congressional representatives about policies to end hunger. These letters and emails from congregations, campuses, and community groups help inspire Congressional leaders to change policies and programs to reduce hunger in the U.S. and around the world. (To be continued in Schedule O) 1355730 Outreach and Advocacy: Our bipartisan network includes more than 320,000 people and churches who are active in every congressional district. Bread's network includes individuals, churches, congregations, parishes, and partners who are motivated to pray, act, and give to end hunger. Our network engages digitally, in person, and through prayer to achieve remarkable policy impact. (To be continued in Schedule O) 1818546 Public Policy: For several years, Bread for the World has been sounding the alarm about multiple crises that have caused soaring rates of global hunger. Over time, Bread advocates have been winning increases in U.S. funding to respond to these needs in response to one of the worst global hunger crises in decades.(To be continued in Schedule O) 5993837 0 1 0 1 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 18 0 1 101 1 0 0 0 0 1 1 0 0 0 X 36 35 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR AZ CA CO CT DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX VA VT WA WI WV WY X X Eugene Cho PresidentCEO 2026399400 425 3rd Street SW 1200 Washington DC 20024 Jeremy Everett Chair 1.00 1.00 X X 0 0 0 Mariam Mengistie Vice Chair 1.00 1.00 X X 0 0 0 James B Walker Secretary 1.00 1.00 X X 0 0 0 Kate Judge Treasurer 1.00 1.00 X X 0 0 0 Victor Adamo Director 1.00 1.00 X 0 0 0 David Austin Director 1.00 1.00 X 0 0 0 Heber Brown Director 1.00 1.00 X 0 0 0 Eddy Aleman Director 1.00 1.00 X 0 0 0 Jason Fileta Director 1.00 1.00 X 0 0 0 Frank Dew Director 1.00 1.00 X 0 0 0 Max Finberg Director 1.00 1.00 X 0 0 0 Adam Edgerly Director 1.00 1.00 X 0 0 0 Susan Henry-Crowe Director 1.00 1.00 X 0 0 0 Kate Howe Director 1.00 1.00 X 0 0 0 Sandra Joireman Director 1.00 1.00 X 0 0 0 Jeffrey Leath Director 1.00 1.00 X 0 0 0 Rebecca Middleton Director 1.00 1.00 X 0 0 0 David Miner Director 1.00 1.00 X 0 0 0 Beverly E Mitchell Director 1.00 1.00 X 0 0 0 Chang K Park Director 1.00 1.00 X 0 0 0 Jennifer Pelling Director 1.00 1.00 X 0 0 0 Stephen Reeves Director 1.00 1.00 X 0 0 0 Joyce Rothermel Director 1.00 1.00 X 0 0 0 Dave V Repko 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 Katie Sexton Wood Director 1.00 1.00 X 0 0 0 Grace Shim Director 1.00 1.00 X 0 0 0 Karen Smith Director 1.00 1.00 X 0 0 0 Lori Tapia Director 1.00 1.00 X 0 0 0 Karen Georgia A Thompson 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 Michael Wear Director 1.00 1.00 X 0 0 0 Fatima Yakubu-Madus Director 1.00 1.00 X 0 0 0 Eugene Cho President/CEO 17.00 20.50 X X 147177 177479 78677 Heather Taylor Managing Director 20.50 17.00 X 113040 94185 48850 Matthew Gross Director 19.50 18.00 X 79599 74186 35631 Edward Kaufholz Director 15.50 22.00 X 64828 92202 36415 Robert Powers Director 37.50 0.00 X 162239 0 27934 Gail Smith-Gliss Controller 17.50 20.00 X 61156 70701 30030 LaTashia Satterfield Ogunlana VP of Finance & Admin 17.50 20.00 X 58462 64769 403 686501 573522 257940 3 0 1 0 Direct Mail Solutions 4650 Oaklets Lane Richmond VA 23231 Direct Mail Fundraising 777187 Lautman Maska Neill & Co 1730 Rhode Island Avenue 301 Washington DC 20036 Direct Response Consulting 605274 Pinkston Group Inc 3110 Fairview Park Drive Falls Church VA 22042 Consulting 593286 Art & NegativeGraphics Inc 4621 Boston Way Suit C Lanham MD 20706 Graphic design 157445 Community IT Innovators Inc 1110 Vermont Ave NW 900 Washington DC 20005 IT Consulting 156227 9 3745417 17500 3238362 20337 7001279 Publications 900099 49486 49486 Event 900099 13330 13330 Honorarium 900099 6650 6650 69466 92881 92881 30637 0 30637 30637 30637 2619658 2445502 174156 174156 174156 19361 17500 50881 -31520 -31520 List rental 900099 24248 24248 Other income 900099 814 814 25062 7361961 69466 0 291216 X 322532 281441 15617 25474 2575923 2350626 87620 137677 233151 203447 11289 18415 325732 284234 15771 25727 201937 176210 9778 15949 7070 7070 17616 17616 487472 487472 894589 788312 12398 93879 50995 37569 7840 5586 40502 29521 6568 4413 415074 306414 50269 58391 201366 196664 2055 2647 259370 235823 2123 21424 24521 24521 Membership services 1166371 986882 179489 Other Expenses 66112 55420 10692 Printing and production 52560 51052 18 1490 Staff development 8718 7607 422 689 2997 2615 145 237 7354608 5993837 271120 1089651 X 1831490 1107548 0 723942 3137908 3317378 256300 259051 2858744 1794342 140494 218955 2197319 2918588 5927344 5828645 14518109 14336959 792261 863299 2236216 1963879 3028477 2827178 X 7815780 -563602 3673852 12073383 11489632 11509781 14518109 14336959 7353 12796 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 890418 500060 222303 51422 1561359 844424 94545 48551 890418 771689 10000 106809 44074 844424 940786 5583 -128985 45695 771689 847047 37572 106651 50484 940786 0.40950 0.46529 0.12521 0 0 0 Due from Alliance 289559 Due from the Institute 4042806 Right-of-use assets - operating lease 1496280 5828645 Lease liability - operating lease 1963879 1963879 X Part V, Line 4: To provide permanent capital and an ongoing stream of income. Part X, Line 2: Management has evaluated the Organization's tax positions and concluded that there are no significant uncertain tax positions that qualify for either recognition or disclosure in the accompanying consolidated financial statements. X X X X X X 1 Lautman Maska Neill & Company 1730 Rhode Island Avenue NW 301 Washington DC 20039 Direct Response Fundraising 0 2574513 487472 2087041 2574513 487472 2087041 AK 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 New York Gala 36861 17500 19361 16440 20329 14112 36861 17500 19361 16440 20329 14112 50881 -31520 X X X 0 0 0 0 0 0 0 0 0 Eugene Cho President/CEO 147177 177479 0 0 0 0 18128 21860 17539 21150 182844 220489 0 0 Heather Taylor Managing Director 113040 94185 0 0 0 0 13549 11289 13099 10913 139688 116387 0 0 Edward Kaufholz Director 64828 92202 0 0 0 0 7581 10783 7452 10599 79861 113584 0 0 Robert Powers Director 162239 0 0 0 0 0 19036 0 8898 0 190173 0 0 0 Matthew Gross Director 79599 74186 0 0 0 0 9288 8657 9154 8532 98041 91375 0 0 Gail Smith-Gliss Controller 61156 70701 0 0 0 0 7011 8105 6917 7997 75084 86803 0 0 Form 990, Part III, Line 4a, Program Service Accomplishments: Bread supported the successes described here through sustained education, collaboration, and public witness. Bread worked alongside more than seventy-five partner organizations to build awareness and political will for policies that address hunger and provide emergency assistance. Together, these collective efforts helped secure meaningful policy wins and protect critical programs that are essential to ending hunger in the United States and around the world. Form 990, Part III, Line 4b, Program Service Accomplishments: In 2025, Bread saw remarkable policy impact and legislative victories, along with high engagement on our digital channels. We hosted 82 public policy events, engaging a total of 4,467 registrants. Our advocacy efforts and OL events with individual members, churches, and faith partners in 2025 resulted in more than 138,000 personalized letters to Congress [SS3.1]on hunger-related issues and 724 visits with Congressional offices in DC and the field. In June, Bread gathered more than 450 members and advocates in Washington, D.C. for our annual Advocacy Summit. As part of the Summit, we held a Latino consultation, a Pan-African convening, and a Hill Day to educate and inform advocates about policies that address hunger and poverty. Form 990, Part III, Line 4c, Program Service Accomplishments: Bread for the World's activists and partners played a pivotal role in advocating for funding by organizing letters to members of Congress; participating in partner/coalition letters to congressional leadership; and meeting with congressional offices in Washington, D.C. Child Tax Credit: In 2025, Bread championed a Child Tax Credit designed to cut child poverty and hunger through full refundability, monthly payments, and maintained access for mixed-status households. While Congress did not adopt all of these priorities, Bread's advocacy helped extend the CTC provisions that were set to expire and ensured that the refundability amount did not revert to pre-pandemic levels. The reconciliation bill not only retained the credit, but included an increase in the per-child benefit from $2,000 to $2,200. In a challenging fiscal environment, preserving and strengthening the Child Tax Credit was a meaningful step. WIC: In 2025, Bread worked to fully fund WIC, protect the Cash Value Benefit, and advance the bipartisan Modern WIC Act to modernize enrollment and increase child participation. Early in the year, Bread advocacy contributed to Congress fully funding WIC at $7.6 billion for FY2025 with no cuts to the Cash Value Benefit. During FY26 funding discussions, proposed cuts threatened to reduce the Cash Value Benefit for fruits and vegetables, but this was ultimately preserved in part because of Bread's advocacy. The November continuing resolution that ended the government shutdown fully funded WIC for FY26 at $8.2 billion, ensuring uninterrupted access to nutrition services for families. Bread also expanded bipartisan support for the Modern WIC Act in the House, securing 15 new co-sponsors and positioning the bill for action in 2026. International Appropriations and Programs: Bread advocated for strong funding for international programs that improve nutrition, health, and food security, particularly for women and children, and for the protection of long-standing programs historically housed at USAID. Bread's FY2025 requests were largely met, including $168 million for global nutrition, $960 million for Feed the Future, $1.619 billion for Food for Peace, and $240 million for McGovern-Dole Food for Education. During rescissions negotiations, proposals would have eliminated these programs entirely, but Bread's long-term advocacy helped prevent that outcome and protect critical food assistance programs. For FY26, Congress appropriated $1.2 billion for Food for Peace and $240 million for McGovern-Dole, significantly better than proposed eliminations. At the same time, the international aid landscape shifted dramatically, with the closure of USAID and the transfer of remaining programs to the State Department. Bread worked with coalition partners to advocate for the protection of global nutrition and food security programs in this transition, helping secure congressional recognition of the importance of Feed the Future, food aid, and global nutrition as a foundation against future cuts. Farm Bill: Bread urged Congress to pass a full five-year Farm Bill that protected SNAP, funded nutrition incentive programs, and strengthened both domestic and global food systems. While Congress instead extended the existing Farm Bill through FY2026, Bread continued to advance key priorities. This included bipartisan food date labeling reform to reduce food waste and legislation to strengthen local and regional food systems following the termination of key USDA programs. At the same time, Bread strongly opposed harmful changes to SNAP included in the reconciliation bill, such as stricter work requirements, reduced benefits for some populations, and the elimination of SNAP-Ed. Bread's advocacy elevated hunger concerns throughout the process, including engagement with members of Congress who publicly cited these concerns in their opposition. African Growth and Opportunity Act: Bread urged Congress to reauthorize the African Growth and Opportunity Act (AGOA), which provides tariff-free trade between the United States and sub-Saharan African countries and supports economic growth and food security. Despite strong advocacy, the program expired on September 30 after Congress was unable to reach consensus. Bread continued its advocacy following expiration through meetings with key lawmakers and submission of a letter for the record in support of AGOA. In late December, the House Ways and Means Committee advanced a three-year reauthorization that preserves AGOA's existing framework in an effort to maintain bipartisan support. Bread's continued engagement has helped sustain momentum toward reauthorization, with Congress expected to continue work on the legislation in 2026.[ Form 990, Part VI, Section A, line 6 Membership includes individuals or organizations who make an annual financial contribution to BREAD or who otherwise distinguish themselves through their service to BREAD. Form 990, Part VI, Section A, line 7a Each member is entitled to vote for each vacant Board of Director position that is to be filled by voting members. Members can cast their ballots by mail or electronic means. Five hundred member votes constitute a quorum for a valid election. This is the sole voting privilege enjoyed by members. 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 the conflict is real, the Board Member is asked to either resign from the Board or to stop the activity that is creating the conflict. Form 990, Part VI, Section B, line 15 Periodically, the 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 of 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 on 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 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 BREAD'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. BREAD also makes information available to the public upon request. Form 990, Part IX, line 11g Other: Program service expenses 788,312. Management and general expenses 12,398. Fundraising expenses 93,879. Total expenses 894,589. Bread for the World Institute 425 3rd Street SW Suite 1200 Washington DC 20024 510175510 Educational DC 501(c)(3) line 7 Bread for the World Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BREAD for the World Institute O 3727323 Timesheets BREAD for the World Institute N 1707921 Allocation BREAD for the World Institute Q 5439000 Cash