in her own words - Freedom from Hunger

2006 annual progress report reach for three million
in her own words

mali
I have worked my way out of a life of misery. —KADIA
philippines
The loans really help.We’re friends, so we help each other. —MARLENE
5
I learned about malaria and how to protect my children. —DORCAS
ghana
olivia
I know how to protect my son and I share that knowledge. —ROSEMARY
india
I can stand up and ask for what I need. —RHADA
5
Evidence of lasting change
There are two ways we could tell the story of how Freedom from Hunger has enabled women
to transform their lives and the lives of their family members. The first is through the women’s
personal accounts. Throughout this report, you will read quotes from women who have told us
about the changes they have experienced as a result of their participation in our programs. The
second way to tell our story is through evidence obtained from carefully controlled research in
the field. Here are some highlights of changes we have documented:
• Compared to women who received only microfinance services and no business education, Credit with
Education participants had better business profits, repayment rates, and loyalty to their Credit Associations.
The improvements in income were most dramatic in “slow” months—when a drop in income can mean that
a family living on the margin of survival goes hungry.
• Compared to women who received
microfinance but no malaria education,
women participating in our Malaria
Initiative were more likely to know
how malaria is spread, to understand
the importance of using insecticide-
ecuador
treated bednets and to get their
children to the clinic while the disease
is still treatable.
• Studies confirm that children whose mothers participate in our Credit with Education service for a year or
more have improved nutritional status and health.
“I am a woman, and I
can do it too!”–Norma
• Regular progress tracking shows that affordable credit and secure savings immediately improve a family’s ability
to become self-reliant by launching and growing home-based businesses.
• Research shows clear impacts on women’s empowerment when they have simultaneous access to affordable
credit and lifeskills training—increasing their role in household decision-making, extending their social networks
beyond their immediate families and even becoming involved in civic activities.
• In surveys of knowledge and practice, participating women confidently and consistently state that they know
how to protect their children from illness and hunger.They also report greater school enrollment as a result of
their increased ability to pay school fees and other costs.
1

2
Progress report
A MESSAGE FROM FREEDOM FROM HUNGER’S PRESIDENT, CHRISTOPHER DUNFORD
When Freedom from Hunger announced its ambitious plan to Reach for Three Million last
year, some people said we were “overreaching.” We’ve heard that before. Ever since this
organization was founded 60 years ago, we’ve been accomplishing things that people say
can’t be done.
“Now, I do not cry
out for help from others.”
–Yetsavi
We’re used to the naysayers. We just keep pushing along and handing these skeptics the proof—not only
can we do it, they could, too, if they were willing to adopt some new methodologies.
One year into our plan we landed our biggest grant ever—from the Bill & Melinda Gates Foundation—to
expand Credit with Education to include new health protection and promotion services. We received major
commitments from Citigroup to bring financial education to the rural poor and from Nike to give teenage
girls in India options to improve their health and livelihoods. We advanced partnerships with Oxfam,
Catholic Relief Services and Microfinance Opportunities that will enable us to serve poorer, more rural
populations. We launched a new service in Ghana to deliver health products such as
mosquito nets and oral rehydration packets to very rural, even remote, villages. And
togo
we raised awareness about Freedom from Hunger and the power of self-help services
to end chronic hunger. Best of all, we hit our first-year targets for new outreach.
I am also pleased with the findings of two independent research studies on the
impacts of our education: one on malaria and one on business education.These studies
confirm, once again, that our approach to integrating lifeskills training with microfinance—a.k.a.
Credit with Education—is effective. In both of these studies, women
reported changes that improved their families’ well-being as a result
of the education they received. I encourage you to look at the
results of these studies—both of which used control groups—on
page 7.
On the walls of our International Center in Davis, California, we have
posted a quote by Margaret Mead. It says, “Never doubt that a small
group of thoughtful, committed citizens can change the world.
Indeed, it’s the only thing that ever has.” Freedom from Hunger is
such a small group changing the world.
2,832,500 chronically hungry people served
Women who participate in these self-help
programs have, on average, 5.5 family members.
Freedom from Hunger reaches the entire
family, engendering self-sufficiency
and improving food security.
Individual women learn how to earn more
money, safeguard their families' health,
improve their families' food security, and
act as agents of positive change in their
communities.
Self-help groups of women gain sustainable
access to microfinance services at the same
time they develop life skills. Women also
gain access to health protection services
and products.
In-country organizations provide effective
and efficient services, adapted for the local
context and with increased capacity.
Freedom from Hunger develops innovative
programs, establishes and supports in-country
training centers, and creates systems to
strengthen in-country partner capacity.
LEVERAGING FEW TO SERVE MANY
515,000 individual women served
30,294 self-help groups of women served
50 in-country partner organizations
45 staff of Freedom from Hunger
Small groups of people can do truly amazing things. After all, we organize women into small groups to
receive micro-loans and lifeskills training—and the result is transformed communities. We work with small
organizations composed of committed citizens determined to end poverty and hunger in their own countries—and
the result is transformed organizations that can take on the development of large regions for the
long term. And finally, all over America, small groups of people—and sometimes individuals—take action to
end hunger.The result is that lives are saved.
As you read this report on our progress toward achieving the Reach for Three Million plan, remember that
you are one of the thoughtful, committed persons taking action to end world hunger. For all you are doing,
please accept my gratitude.Together, we are making a difference.
Christopher Dunford
President
Information provided
as of June 2006.
3

4
Program achievements
CREDIT WITH EDUCATION REACHES NEW COMMUNITIES IN PERU
Andean South America can be a harsh environment for families. In this remote region, people face
widespread poverty. Freedom from Hunger launched Credit with Education in the Andes in 1990—
first in Bolivia, then in Ecuador and, starting this year, in Peru. In FY06, Freedom from Hunger formed
local partnerships with Confianza, PRISMA and FINCA Peru, training these organizations to analyze the
specific needs of poor women in the rural departments of Junín and Huancavelica and to adapt the
program to meet these needs. One adaptation allows greater flexibility in loan cycles to respond to
agricultural cycles.This enables women to make financial choices that are right for them and their
families. Confianza, PRISMA and FINCA Peru will soon bring the benefits of Credit with Education to
18,000 women (and, by extension, their 99,000 family members) within three years.
philippines
FINANCIAL EDUCATION FOR THE POOR
The variety of financial services available to poor families increases every year. But with
more and increasingly complex options, it can be very challenging to make the right
financial decision. For a family living on the margin of survival, the consequences of a
bad financial decision can be devastating. So, to help women and families to make the
most of their resources and to build their assets, Freedom from Hunger is working with
Microfinance Opportunities on a groundbreaking project called Financial Education for
the Poor (FEP). Supported by Citigroup, this
education strengthens a family’s skills in managing
money and, as a result, improves their
well-being. After two years of development
and testing, five modules—on budgeting,
saving, debt management, bank services and
financial negotiation—were completed in
FY06. Five regional summits were held in Peru,
China, Hungary, Malaysia and Morocco provided
training on the modules. Over the next
two years, FEP will train and provide technical
“These learning sessions
also taught me the skills of
business women.”–Joann
assistance to master trainers from more than 60 microfinance and training institutions with the goal of
reaching more than two million people. Staff from our long-standing partner CRECER in Bolivia are now
among these master trainers, as are staff from our Reach office in Mexico.
REACHING FARTHER
The main reason that proven solutions to chronic hunger and poverty don’t reach more people is the
cost of providing quality services—sustainably—to rural and even remote areas. But Freedom from
Hunger recognizes that there are thousands of grassroots organizations standing ready to close the gaps
in outreach.These organizations already work with networks of self-help groups of women, supporting
their efforts to improve life for their families and their communities. Freedom from Hunger’s Reach
initiative trains grassroots organizations and strengthens their ability to meet the long-term needs of
self-help groups with services such as microfinance, education, health-product distribution and more.
POWER IN NUMBERS: In each year of our Reach for Three Million plan, we are
reducing the cost to serve individual women while increasing our outreach.
2,800,000
2,500,000
2,200,000
1,900,000
1,600,000
1,300,000
1,000,000
700,000
400,000
100,000
$30.00
$25.00
$20.00
$15.00
$10.00
$5.00
Number of women served in program
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
ACTUAL PROJECTED
2,845,000
Because this training and technical
assistance is provided by regional
offices, called Capacity Centers, the
cost is significantly lowered. Reach is
being launched in India, Mexico and
West Africa.To make sure the
Capacity Centers are equipped to
achieve their mission, Freedom from
Hunger hired highly qualified country
nationals (including microfinance
and adult training specialists) and
stepped up development of new
services. Freedom from Hunger was
particularly fortunate to be assisted
by Accenture Development Partners
(a non-profit unit of the global
consulting firm, Accenture). ADP lent
on-site management expertise to
Reach India and will provide similar
support to Reach Mexico (Alcance)
and Reach West Africa (Avançons)
over the coming year.
LEARNING CONVERSATIONS
HELP WOMEN LEAD CHANGE
$2.64
$1.00
Most of us learn through stories.
Cost per woman served
They provoke our thinking and can
Freedom from Hunger leverages its services dramatically by working with in-country partner change how we see the world.
organizations that share our commitment to serve 2,845,000 very poor, rural women and their Sometimes they even motivate us to
15,647,500 family members by 2010.We train our partners to provide high-quality, sustainable
action. Freedom from Hunger sees
services and strengthen their capacity to serve as permanent resources in their region.
stories as a powerful adult education
tool—particularly for self-help groups, whose members are often illiterate women. With the learning needs
of these women in mind, Freedom from Hunger and Catholic Relief Services (CRS) India developed Learning
Conversations. Learning Conversations engage self-help groups in 30-minute discussions on issues important
in their lives. A trained facilitator uses brief stories to explore a problem and then helps the group examine
real solutions.The women discuss how they will apply and share what they learned at home and in their
community. In FY06, Freedom from Hunger worked closely with CRS in India and Oxfam America in West
Africa to test and finalize Learning Conversations that address critical issues such as HIV/AIDS, malaria and
saving. Recognizing the potential of Learning Conversations, the Nike Foundation has committed $1 million
over the next three years for Freedom from Hunger to develop additional Learning Conversations that help
adolescent girls resist early marriage in India.
5

6
Helping poor families protect their most
valuable asset: Their health
Poor health affects all families, but for those living in poverty it is part of a vicious circle.
Chronic illness and disease can result in loss of income and crushing debt that can devastate
a family for years. That’s why Freedom from Hunger has long been dedicated to improving
both the health and livelihoods of poor families.
In December 2005, the Bill & Melinda Gates Foundation awarded Freedom from Hunger a four-year,
$6 million grant to launch Microfinance And Health Protection (known as “MAHP”).The MAHP Initiative
expands Freedom from Hunger’s successful Credit with Education service to include new health protection
services that will reach more women and address multiple health needs for families living in poverty.
Freedom from Hunger will work with local partners to create and test a range of health protection options
and to evaluate their impact.These services may include, for example:
EXAMPLES OF MAHP HEALTH PROTECTION SERVICES
SOLUTION:
Prepaid health
and insurance
plans
Access to
predictable
health
coverage
SOLUTION:
Linkages to health
providers
Competent
health care
workers
SOLUTION:
Health
education
Knowledge of
recommended health
protection practices
Client
needs
Cash to
cover health
expenses
Access to
health-related
products
SOLUTION:
Health savings
&/or emergency
health loans
SOLUTION:
Linkages to health
product providers
• Education on health and health financing, as well
as new education modules on prevention and
management of specific diseases;
• health savings plans to help women cover the
cost of seeking medical care for their families;
• health loans to give women immediate financial
support when their families face an emergency
(eliminating their need for high-interest moneylenders);
• low-cost health products such as insecticidetreated
bednets and water purification systems;
• group rates at approved health clinics and hospitals
to encourage women’s use of vital services
such as prenatal care, HIV/AIDS testing and
family planning; and
• micro-insurance that allows women to pay a
small, fixed fee in advance of health services that
they and their families need.
Freedom from Hunger’s partners for developing
and testing MAHP innovations are: Bandhan in
India, CARD in the Philippines, CRECER in Bolivia,
PADME in Benin and RCPB in Burkina Faso. As
MAHP demonstrates impact, Freedom from
Hunger will bring the successful services to many
more countries and organizations.
New studies document lasting change
Inspired by the women it serves, Freedom from Hunger continually proves and improves the
impact of its programs. Impact evaluations, like the two completed in FY06, provide the
critical information to do just that.
BUSINESS EDUCATION MAKES THE DIFFERENCE
Freedom from Hunger knows that poor women are best equipped to achieve lasting change when working
capital loans are delivered along with practical and relevant education. Earlier studies documented the
benefits of health education on child nutrition, women’s empowerment and family income. A new two-year
impact study recently concluded in Peru shows positive benefits to integrating Freedom from Hunger’s
business education into a microfinance program.
The study was conducted by Innovations for Poverty Action in partnership with Freedom from Hunger’s
partner, FINCA Peru. It showed that women borrowers who participate in business education were more
likely to re-invest their profits, maintain records and make innovations in their businesses than groups of
women who received only loans. Education participants reported higher income and a steadier income
during months when sales normally dip.That’s important because, for the poor, slow months can mean less
food, taking children out of school or turning to moneylenders who charge exorbitant rates.The study also
showed that positive results for women translate into benefits for the local organization. FINCA Peru saw
higher loan repayment and improved client retention rates among women who received education—two
indicators of sustainability and the institution’s ability to maintain services for the poor over the long term.
MALARIA EDUCATION CAN SAVE LIVES
Malaria kills more than one million people each year, mostly children, and keeps millions more sick and
unable to provide for their families.Yet the disease is preventable and treatable—especially if women are
equipped with knowledge, skills and resources to protect their families.That’s why Freedom from Hunger,
with the support of GlaxoSmithKline, set out in 2002 to develop a malaria education module and later to
evaluate its impact.
From 2004 to 2006, Freedom from Hunger worked with the Noguchi
Memorial Institute for Medical Research in Ghana to conduct an
impact study of our malaria education, surveying 800 women.The
study showed that women who received this education were more
likely to recognize mosquitoes as the cause of malaria, understand that
pregnant women and children under five are the most vulnerable, and
identify insecticide-treated nets (ITNs) as the best protection.The
study also showed that women translated knowledge into practice.
They were more likely to own and re-treat ITNs, have pregnant
women and children sleep under ITNs, and share what they learned
with others. However, scarcity of ITNs prevented some women from using the nets. Closing critical gaps in
access to ITNs will be the focus of Freedom from Hunger’s next major initiative in the region—to train
women to run home-based businesses that deliver high-impact health-protection products, including ITNs,
to their rural villages.
7

8
Financial highlights
Freedom from Hunger’s financial
health continued to be strong in
FY06. A combination of steadfast
support from our loyal donors and
careful management of resources
positioned us well to achieve our
Reach for Three Million goal.Williams
& Olds Certified Public Accountants
performed Freedom from Hunger’s
FY06 audit, which should be read
in its entirety. The audit is available
at your request by contacting us at
(530) 758-6200 extension 42.
You may also request the audit
by addressing an email
message to Chris Dodson at
cdodson@freedomfromhunger.org.
* The Statements of Unrestricted Operating
Activities do not include donor-restricted funds,
which must be spent in later years, nor do they
include a board-controlled reserve fund used as a
buffer against unanticipated shortages in cash flow.
This financial statement better reflects the true
activity in support of our programs during the year.
STATEMENTS OF UNRESTRICTED OPERATING ACTIVITIES AND CHANGES
IN UNRESTRICTED OPERATING NET ASSETS*
Years Ended June 30, 2006 and 2005
2006 2005
UNRESTRICTED OPERATING REVENUE AND SUPPORT:
Philanthropic and Planned Giving $1,788,270 $1,591,032
Corporate and Foundation Giving 1,328,863 779,222
Public Sector/NGOs/Other Sources 963,886 1,004,243
Contributed In-kind Materials and Services 463,327 139,949
Net Assets Released from Restrictions 449,591 187,454
Other Income (Investment and Miscellaneous) 18,652 3,091
Total Unrestricted Operating Revenue and Support
UNRESTRICTED OPERATING EXPENSES:
5,012,589 3,704,991
Africa Programs 1,376,602 1,093,004
Southeast Asia Programs 885,536 207,928
Central & South America Programs 441,741 302,472
Global Programs 1,021,556 756,527
Program Information/Hunger Awareness 895,311 794,531
Fund Raising 526,138 494,458
General and Administrative 495,421 435,866
5,642,305 4,084,786
CHANGE IN UNRESTRICTED OPERATING NET ASSETS
UNRESTRICTED OPERATING NET ASSETS,
(629,716) (379,795)
BEGINNING OF YEAR 134,650 514,445
Transfer of Net Assets from Board-Reserved Fund 267,167
UNRESTRICTED OPERATING NET ASSETS, END OF YEAR $(227,899) $134,650
STATEMENTS OF FINANCIAL POSITION
June 30, 2006 and 2005
2006 2005
ASSETS:
Current Assets $3,977,386 $3,141,390
Receivables 94,059 89,875
Pooled Income Fund 36,334 35,175
Property and Equipment, net 741,528 669,163
Other Assets 290,277 259,434
TOTAL ASSETS
LIABILITIES AND NET ASSETS:
$5,139,584 $4,195,037
Current Liabilities $1,642,378 $622,374
Noncurrent Liabilities 200,000 50,000
TOTAL LIABILITIES
UNRESTRICTED NET ASSETS:
1,842,378 672,374
Operations (227,899) 134,650
Board Reserved 2,741,242 2,735,594
Total Unrestricted Net Assets 2,513,343 2,870,244
TEMPORARILY RESTRICTED NET ASSETS 706,085 574,641
PERMANENTLY RESTRICTED NET ASSETS 77,778 77,778
Total Net Assets 3,297,206 3,522,663
TOTAL LIABILITIES AND NET ASSETS $5,139,584 $4,195,037
Managing resources wisely
In Fiscal Year 2006, Freedom from Hunger allocated 82% of expenses to its program services and information,
which includes technical assistance and training missions; the development and publication of education modules,
impact research and progress monitoring; as well as peer education on our program strategies and hungerawareness
efforts throughout the United States. Freedom from Hunger meets the standards of all charity
watchdog groups.
REVENUES EXPENSES
Contributed
in-kind materials
and services
Net assets
released from
restrictions 9%
and other
9%
36%
Public sector,
NGOs and
other sources
19%
Philanthropic
and planned giving
27%
Corporate and
foundation giving
Administration
9% 9%
Fundraising
Program services
and information
Information derived from Freedom from Hunger’s Audited Financial Report for fiscal year ended June 30, 2006, which should be read in its entirety.
For a full copy of our audit, please call Chris Dodson at (530) 758-6200 ext. 42 or email Chris at cdodson@freedomfromhunger.org.
Donations make it possible for our in-country partners to provide loans to women participating in Credit with
Education programs around the world. In Fiscal Year 2006, Freedom from Hunger received $4,081,109 in donations,
which helped our local partners deliver $121,552,036 in loans to women who invested this working capital in their
home-based businesses.
IN FISCAL YEAR 2006, EACH DOLLAR DONATED TO
FREEDOM FROM HUNGER MOBILIZED $29.78 IN LOAN
FUNDS TO ENTREPRENEURIAL WOMEN.
82%
9

10
Sharing the vision, changing the world
THROUGHOUT OUR 60-YEAR HISTORY,
WE HAVE BENEFITED FROM THE GEN-
EROUS SUPPORT OF THOUSANDS AND
THOUSANDS OF COMPASSIONATE
AND INFORMED DONORS. WE ARE
PRIVILEGED TO ACKNOWLEDGE THE
FOLLOWING DONORS WHO GAVE
GIFTS OF $500 OR MORE DURING THIS
FISCAL YEAR, JULY 1, 2005 THROUGH
JUNE 30, 2006.
$100,000+
Anonymous (1)
Accenture (UK) Limited
Bill & Melinda Gates Foundation
GlaxoSmithKline, African Malaria Partnership
Microfinance Opportunities
Nike Foundation
Ed Michael Reggie
U.S. Agency for International Development
(USAID)
John and Jacque Weberg
Worldways Social Marketing
$50,000-99,999
Anonymous (1)
Mr. and Mrs. Edwin T. Baldridge
Skees Family Foundation
Mark and Maureen Marosits
$25,000-49,999
Argidius Foundation
Breyer Family Fund of The Minneapolis
Foundation
Consultative Group to Assist the Poor (CGAP)
First Data Western Union Foundation
Global Impact
Arthur R. Goshin, M.D., M.P.H.
The J.P. Morgan Chase Foundation
New Field Foundation
PLAN International
Porter Novelli Silicon Valley
The SEEP Network
Ellie and Weldon Wasson
$10,000-24,999
Anonymous (2)
Caridad Giving Circle*
Ralph J. Doudera
General Board of Global Ministries of the
United Methodist Church
Peter Hays
International Fund for Agricultural Development
(IFAD)
Juniper Networks Foundation Fund
Leatherman Family Fund of The Minneapolis
Foundation
Lowe-Marshall Trust
Thomas R. and Barbara McBurney
Maurice R. Meslans and Margaret E. Holyfield
Roger and Coco Newton
One Great Hour of Sharing, Wider Church
Ministries
Oxfam America
Peak Health Solutions
Alison and Mark Russell
Salesforce.com Foundation
Mr. and Mrs. William H. Scheide
The Simons Foundation
Dr. Mary Lou Stevenson
United Nations Development Programme
$5,000-9,999
Anonymous (7)
Richard C. Auger and Mary E. Radu
Biedenharn Foundation
Joyce Calhoun
The Chalmers Center for Economic
Development at Covenant College
Sheila C. Cheston
William and Stella Coker
Robb and Nancy Davis
John and Debi Flory
Friends Academy of Locust Valley, NY,
6th Grade Read-a-Thon
Anne and Terry Guerrant
Leigh Hallingby
Kathleen and Bill Hamm
John S. Herold
John and Anne Kersey
The Pauley-Trudeau Foundation
Plan Data Management
PRIZMA
Sequoia Philanthropic Fund of the Jewish
Community Endowment Fund
Jane M. Sheehan Charitable Foundation
John A. Shoemaker
Drs. H.Thomas and Madlyn Stein
Weissman Family Fund
Larry and Katherine Youngblood
$1,000-4,999
Anonymous (36)
A Better World Fund
Bill and Joan Allen
American Endowment Foundation’s
Thanksgiving Fund
American Express Foundation
Betty Anderson in memory of
Lloyd Franklin Anderson
Linda K. Ashworth
Nancy C. Atherton
Joann T. Athey
Peggy J. Austin
Grace T. Bartoo
Katherine Bella*
Jim and Jill Bennett
Sally Bergman in honor of Nancy Kay Dutton
Bioneering Corporation
Arthur L. and Trudi E. Black
Penny and Keith Block
Martin L. Bolas
Hugh Brady
Shari K. Bryan
Clay Campaigne
Catherine Caneau
Elizabeth and Benjamin Canning
James A. Carroll
John and Pat Case
David and Kris Chatfield
Chemonics International Inc.
Ruth V. Clark
Shelley Cohen
Karen and Robert Collins
Pamela Cook*
George and Karen Cook
Colleen Cooper and Richard Ihrig
Judith and Richard Corson
Keith and Regina Covin
Molly Coye
Leland and Stacey Crawford
Margaret S. Crawford
Elspeth A. Davis in memory of Elsie H. Hill
Joan M. Davis
Karen DeBenedictis
Laureen DeBuono*
Destinations & Adventures International
Mary and Bob Devore in memory of
Malcolm and Edythe Devore
The Doehring Foundation
Rev. and Mrs. James K. Donnell
Donors Forum of Chicago
William J. and Joan K. Dooley
Dr. and Mrs. Christopher Dunford
Margaret Dunford and William Maxymuk
Earth and Its People Foundation
Traci Eckels*
J.D. and Mary Kay Eiland
Eileen Fisher Community Involvement
Gerald and Gail Eiselman
Cami Pelz Elbow and Peter Elbow
Mark Fanslow
Debra Farb*
Todd Feiler
First Presbyterian Church of San Anselmo
Karen M. Forecki
Nick Franklin
Susan Cleary Garratt in memory of
Bill Garratt and Anne Addington
Bob and Myra Gercak
Ra’uf Glasgow
The Glickenhaus Foundation
Robert and Maria Goldstein
Gail Gorlitzz and Cris Smith
Mary and Jerry Goudreau
George A. and Marianne Grant
Megan McNealy Graves*
Donald and Rosalie Gray
Lillian B. Griffith
Louis E. and Georgette Grivetti
Celeste and Jack Grynberg in honor
of Stephen Grynberg’s birthday
Erika Hagopian in honor
of my mother, Lydia
Hahn Family Foundation
Dr. Thomas L. Hall
Lynn Hanna
Tariq and Huma Hashmy
Mark Heising and Elizabeth Simons
Donald Helgeson
Maret Hensick
Edward and Lin House
Theodore Hsu and Tara Sharkey
Wentworth Hubbard
Carol Hudson and Jim Dwight
Robert W. Hungate in memory of
Bob and Alice Hungate
Institute of Development Studies
Suzanne Irwin-Wells*
Monwhea Jeng
John H. Johnson
Theodore Johnson, Jr.
Lenore Jean Jones, in honor of
Jean McClarin Jones
Edward M. Juda
Kareli Authors, Inc. in honor of
Gladys Munoz and Betty Christian
Mary B. Kasbohm
Alan Katz and Jerry Simmons
Laura J. King
Russell M. Kirk
Robert Krum and Hans-Michael Vermeersch
Neoklis A. Kypreos
Dr. Kathie J. Lang
Marta Jo Lawrence
Robert E. Leach and Donna Caley Leach
Mary S. Ledding
Thomas A. Lehrer
Joanne Leslie and Walter Johnson
S. J. and Barbara Levy
Rebecca Lindholm
Amy Lowrey
Elise B. Lufkin
Elise G.B. Lufkin
Mrs. Arthur T. Lyman, Jr.
Nancy L. Macy
Susan Macy
Peter J. Mayer
James and Carol McCabe
Michael and Kay McCarthy
Judith A. McCartney
McNeely Foundation
Robert and Helga Medearis
Ellen Melaver
Microcredit Summit
The Minneapolis Foundation
The Mitzvah Foundation
Peter and Helen Molloy in memory of
Chester Swiderski
Dr. Charles V. Moore
Elmer and Mary Moore
Jonathan D. Mueller
National Philanthropic Trust
Robert and Carolyn Nelson
Jay Newlon
Dr. and Mrs.Theodore H. Noehren
“There is an awakening
for us.”–Srimati
india
Miriam Obermyer
Benedict and Margarete O'Brien
Stephen Parker
Margaret S. Pasholk
Peet's Coffee & Tea
Marilyn L. Perona
Betty and Jerry Peters
Mr. and Mrs. John M. Peterson, Jr.
Pfizer Foundation Matching Gifts Program
L. Ralph Pothel, M.D.
ProDesarrollo Finanzas y Microempresa, A.C.
Bruce and Theresa Raabe
Rabobank Foundation
Thomas E. Randlett and Kathy Gibson
in memory of Donald F. Gohl
Dr. Barbara L. Rees
Dr. Michael J. Reilly
Sharon K. Ricketts
Robin Riddle*
Steve Rifai
Rio Tinto Services Inc.
Dennis and Theres Rohan
Catherine and David Roth
Bernard M. Rupe
Victoria A. Rupp*
Shirley and Ernest Santel
Alfred H. Schwendtner and Carole Wagner
Jeffrey D. Scott
Second Congregational Church
Women’s Fellowship
Edward Seebol
Michael and Anne Senatore
Andrew and Jillian Shenk
11

12
Rev. William and Judy Shillady
Sidney Stern Memorial Trust in memory of
Ruth English Davis of CT
Sierra Health Foundation
Noele and Peter Silverman
Alli Singer
Victoria SkellCerf and Stuart Faulk
Louisa and Al Smith
Kathleen Stack and Johannes Troost
Laura Stein*
Todd D. Stern and Jennifer L. Klein
Mary Stevenson in honor of Dennis Hurley
Frances Stewart
Patricia L. Stirling*
Lisa and Scott Stuart
Marcia A. Summers
Surya Inc.
Earl and Eleanor Swansen
T. Rowe Price Donor Advised Fund
William and Villabeth Taylor
Meredith M.Tennent*
Claire Thomas and Adam Berman
J. Grover and Catherine Thomas
Dr. and Mrs. R. Bruce Thomas in memory of
Rudolfo Luis Ilagan
Susan M.Thornett
Nicholas and Marilyn Tikvica
Gerard B.Townsend Charitable Fund
at the Boston Foundation
The Trull Foundation
TRW Employee's Charity Organization
Tuttle Charitable Trust
Marianne Udow
The Unitarian Universalist Society of Geneva
University Research Corporation International
(IRIS Center)
Ellen Vor der Bruegge
Timothy and Mary Jo Wainwright
Lucille Werlinich
Mark Wilf
Steven P. Willner
Anonymous in memory of Adeline Wisz
Daniel Wolfson and Diana Gandolfi
Ruby K. Worner Charitable Trust
Thomas E. Woodhouse
Donald Zinman
$500-999
Anonymous (36)
Anne H. Addington, PhD
Sultan Al Essa
Richard A. Allen
Scott and Nicole Andersen
Joni Anderson
Peter and Laura Anderson in memory of
Lloyd F. Anderson
Scott K. Anderson
In Memory of Mr. and Mrs. J.T. Arenberg, Sr.
Wanda and Robert Auerbach
Edwina M. Baehr
Dan Bagatell
Norm and Allie Baker
Betty Banks
Ann Barclay
Charles and Jean Barnett in memory of
Margaret. B. Barnett
Danuta B. Baziuk
Nancy E. Beach
Alan Bechtold
Alan D. Biller and Nancy T. Melton
Charles and Joanna Boldon
Helen Brach Foundation
Karen Susan Brown
Daniel and Rhea Brunner
C. John Bryer
Mr. and Mrs. R. H. Bunzl
Ross and Lillian Cadenasso
Beverly Campbell
Dian S. Carpenter
Barbara and Michael Chang
Dr. Sherry Chappell
Erik Charlston
Nirmal and Ellen Chatterjee
Vivian Chiu
Marilyn and Robert Clements
Enrico L. Colantoni
Kathleen M. Cole Family Trust
in honor of Kathleen M. Cole
Pamela J. Cole
Frederic and Doreen Conte
Robert A. Cook
Robert and Marilyn Crichlow
John B. Dahl
Dr. and Rev. Robert H. Dann,
in memory of Jesse G. Hafer, M.D.
Alan and Jilynn Davis
John S. DeBeers
Jane DeMont
Priscilla and John Diamond in honor of
Ali, Dan, Ian, Rob and Vanessa
Joan E. Dickey in memory of Donald Dickey
Elizabeth J. Dooley
Scott and Christy DuRoff
Colin Eakin, M.D.
James and Nancy Eastman
Amy C. Edmondson
Mark Eisner, Jr.
A. Lovell and Joan Elliott
Robert D. Ellison
Gerald and Kim Elphingstone
Jan K. Elsbach, in honor of Racha Elsbach
Titus and Carol Evans
James J. Evart
Alan H. Fenton, Jr.
Fidelity Investments—
iCare Workplace Giving Program
Marcella K. Fluno
Florence C. Fogelin
Pamela J. Ford and L. Kenneth Alford
in memory of Lloyd H. Alford
Ray and Karen Foss
Mr. and Mrs. Walter E. Foster
Enrique G. Garcia
Paola Gianturco
Tracey and Gary Gmoser
Carlyn E. Goettsch
Martin Goldberg and Nina d'Ambra
Harry M. Goldin, M.D.
Elihu and Dorothy Goldish
Marshal and Tamar Granor
Ralph Greco
Lisbeth Gronlund
Norm and Jean Hagan
Tacy and Holger Hahn
Deborah K. Harris
Joseph P. Hart in memory of
Jack and Loretta Hart
David Henige and Janice Behn
Dorothy S. Hill
Ann L. Hillstrom
Howard and Sandra Hoffen
Nancy J. Homeyer
Steven Honda and Nancy Hom
John Hunt and Teresa Clayton
Robert and Christine Husson
Deborah Igleheart
Roderick Jameson
Ruth Jamison
madagascar
“I want to do more, so
I work hard each day.”–Florentine
Henry and Terri Jasen
Mary S. Kahn
James Kalberer
Julie L. Kaplan in memory of Virginia Kaplan
Janet and Richard Kasbohm
Fuat and Janet Kavak
Willa Keizer
Thomas and Victoria Keller
Joseph Kenderdine
Jeff & Ruth Klepfer
Bauer Knight and David Flight
Diane Kothe and Frank Dobson
La Leche League
Carolyn A. Landwehr
Catherine L. Latham
Justine N. Laubly-Diaz
Gloria M. Layden
Francis P. Lehar
Ruth E. Levine and Steven N. Goodman
Joshua Levy and Julie Simms
Walter and Conny Lindley
Rev. Paul Lionberger
Daniel H. Liu
Dave and Peggy Lucas
Patrick and Sherron Lynch
Barbara and John Magella in memory of
John B. Magella, Jr.
Julia C. Mathias
George and Jean Matthaei
Ginger McNally and Matt Murphy
Malcolm and Sandra McNeil
Carolyn B. and Joseph S. Meyer
Margaret A. Michel in honor of Barbara Spitz
Robert and Eileen Milam in honor of
Jesus Christ & His Catholic Church
Lawrence B. Miller
Sam Neftin
Michael Nimkoff
William J. O’Connor
Quentin and Paula Ogren
L. R. Paff
Dorothy J. Parkander
Georgiana Pearson
Peck Family Foundation
Richard H. Peeples
Graham Perrett
Steven C. Petersen
Elizabeth P. Pierce
Ronald W. Plank
Posner-Wallace Foundation
Mary C. Racki
Robert and Ilknur Ralston
Mr. and Mrs. Lyndon Rayment
Harriett Resch
William and Eleanor Revelle
Bob and Cindy Richards
Sara R. Rioff
Leslie Rodrick
William and Nancy Roe
Joan D. Rogin
Robert G. Rohwer
Elizabeth M. Ruffin
Rx for Survival, a co-production of WGBH
Educational Foundation and Vulcan Productions
Susan Sarandon
Douglas Schrepel
Emily Schubert
John W. Serowik
Kenneth R. Shear
James P. Sheridan
Harold and Jane Shute
Donna Jean D. Simon
James and Alice Snelgrove
Louise M. Sorensen in memory of
Ken W. Bibee and Stanley M. Sorensen
Roxanne and Bill Soth
Robert C. Storck in honor of
The Hudek Family
“Before, my children could only
stand at the gate of the
school. Now they go in.”–Pricilla
The Strausman Family Fund, Inc.
The Stull Family Foundation
Donald M. and R. Patricia Sullivan
Susan E.Taylor
Ron Heim and Marlene Teel-Heim
Marjorie A.Thatcher
Sandra Trimble
Colonel and Mrs. Robert S.Troth
Rick Vulliet in memory of Judy Vulliet
The V. W. Eberlein Charities Fund
Jean Werts
Muriel and Mark Wexler Foundation
Joan R. Wheelwright, M.D.
Dana E. Whitaker and Mark Petersen
Cornie and Betty Ann Wiens
Frederick and Lydia Wilkens
Lucille M. Wilson in memory of
Walter B. Wilson
Winky Foundation
Susan M. Wodicka
Barbara Wornum
David S. Wyman in memory of Midge Wyman
The John Youngblood Family
* Caridad Giving Circle
Many voices, one goal
Giving Circles are groups of people who
combine their donations to create maximum
impact in an area of shared interest.
Benefits include personalized updates on
program area of interest and opportunities
to participate in site visits.
For more information about forming a
Giving Circle, please contact Angela Smith
at (530) 758-6200 extension 40 or via
email at asmith@freedomfromhunger.org.
ghana
IN MEMORIAM
Anonymous (1)
Martha P. Carlton
Cyril F. Delgado
Edith A. Digate
Frank and Mary Dodd
Helen R. Ferro
Jack and Kay Hansma
Eugenia C. Henke Trust
Gertrude Krefsky
Frieda J. Matthewman
Patricia B. Raines
Virginia Pearson Ransburg Fund
Mary Kathryn Wolf
Freedom from Hunger proudly
announces a New Legacy Circle
Your passion for helping very poor
women improve their lives and the lives
of their children is permanently memorialized
when you include Freedom from
Hunger in your estate plan.Your bequest
will be used responsibly to end hunger
for good. Please let us know that you
have included Freedom from Hunger in
your estate plan so that we can keep you
updated on how your bequest will be
used to accomplish our long-range goals.
Your confidentiality is assured.
Please telephone Chris Dodson at:
(800) 708-2555 or email her at
cdodson@freedomfromhunger.org.
Chris is also available to facilitate no-cost,
no-obligation, charitable planning
consultations.
Freedom from Hunger meets the standards
of all charity watchdog groups.
13

14
Leadership
BOARD OF TRUSTEES
Lawrence P.Youngblood, Chair
Ellen L. Breyer, Vice Chair
Richard C.Auger, Secretary
Ed Michael Reggie, Treasurer
Shari K. Bryan
Sheila C. Cheston, J.D.
William Z. Coker
William J. Dooley, J.D.
Arthur R. Goshin, M.D., M.P.H.
William G. Hamm, Ph.D.
Sheila Leatherman
FREEDOM FROM HUNGER LEADERSHIP
Christopher Dunford, Ph.D.
President
Joseph T. Farrelly
Executive Vice President*
Joan E. Dickey
Vice President, Finance & Administration
Beth Porter
Vice President, Program Services
*As of 12/1/06
Joanne Leslie, Sc.D.
Ruth E. Levine, Ph.D.
Mark J. Marosits
Ginger McNally
Robert W. Medearis
Charles V. Moore, Ph.D.
Rev. Dr. Clyde W. Oden, Jr.
Catherine C. Roth
Madlyn Stein, M.D., M.P.H.
J. Grover Thomas, Jr.
Marianne Udow
Kathleen E. Stack
Vice President, Program Development
Ellen Vor der Bruegge
Vice President, Program Initiatives
Sean Kline
Director, Reach
Claire Thomas
Director, Public Outreach
“Now, we have money so
we don’t suffer.”–Alcira
bolivia
Ambassadors Council
The Ambassadors Council of Freedom from Hunger advances the worldwide visibility of chronic
hunger, malnutrition and poverty. Council members contribute their time and expertise without
compensation. Learn more about our Ambassadors Council at www.freedomfromhunger.org/about.
Jane Pauley, Co-Chair
Journalist. Recipient, Humanitas Award, multiple Emmy awards
and Edward R. Murrow Award.
Muhammad Yunus, Ph.D., Co-Chair
Managing Director and Founder, Grameen Bank. Nobel Peace
Prize Laureate 2006.
Dan Wolfson, Managing Chair
Executive Vice President and Chief Operating Officer,
American Board of Internal Medicine Foundation.
Ann Marie Almeida
Chief Executive Officer, Association of Women’s Business
Centers.
Edwin T. Baldridge
Chief Executive Officer, WLV-TV, Inc. and Baldridge-Dumas
Communications.
Kathryn E. Brick
Chief Financial Officer, U.S. Central Credit Union.
Susanne M. Campbell
Executive Director, Institute for Management, Innovation and
Organization, University of California.
Tom Campbell, Ph.D., J.D.
Dean, Haas School of Business, University of California,
Berkeley. Former U.S. Congressman.
Armeane M. Choksi, Ph.D.
CEO, Rubicon Capital Investments. Former Vice President,
The World Bank.
Sam Daley-Harris
President and Founder of RESULTS and Director of the
Global Microcredit Summit.
William H. Foege, M.D.
Presidential Distinguished Professor of International Health,
Rollins School of Public Health, Emory University.
Tor G. Gull
Managing Director, Oikocredit.
Geeta Rao Gupta, Ph.D.
President, International Center for Research on Women.
George C. Halvorson
Chief Executive Officer, Kaiser Foundation Health Plan and
Kaiser Foundation Hospitals.
Robert A. Ingram
Vice Chairman, Pharmaceuticals, GlaxoSmithKline.
John H. Kersey, M.D.
Children’s Cancer Research Fund Endowed Chair.
Jonathan C. Lewis
Chief Executive Officer, MicroCredit Enterprises.
Iain MacDonald
Director General, International Cooperative Alliance.
Thelma Narayan, M.D.
Coordinator, Community Health Cell, Society for Community
Health Awareness.
Irene Natividad, Ph.D.
President, Global Summit of Women. President,
Globewomen, Inc.
Andre-Jacques Neusy, M.D.
Founder/Director, Center for Global Health. Co-founder,
Institute for Urban and Global Health, New York University
School of Medicine.
Moisés Naím, Ph.D.
Editor and Publisher, Foreign Policy magazine. Former Minister
of Trade and Industry,Venezuela.
Elizabeth Rindskopf Parker
Dean, McGeorge School of Law, University of the Pacific.
Pedro A. Sanchez, Ph.D.
Director,The Hunger Project,The Earth Institute.
S. Prakash Sethi, Ph.D.
Founder & President, International Center for Corporate
Accountability.
Harvey C. Sigelbaum, J.D.
President, MultiPlan. Former Chief Executive Officer,
Amalgamated Life Insurance Company.
Barry M. Smith
Founder and former Chairman, CEO VistaCare, Inc.
Hernando de Soto, Ph.D.
President, Institute for Liberty & Democracy.
Charles E. Snyder
Chief Executive Officer, National Cooperative Bank.
Jane Wales
Chief Executive Officer, World Affairs Council of Northern
California.
Elie Wiesel
President, Wiesel Foundation for Humanity. Nobel Peace
Prize Laureate (1986).
15

16
In her own words
“I know the value of an
education. I would have
gone to school if there
had been money for that.
I want my children to go
to school and go as far as
they can with their education.
My earnings will
pay for that.”
FATOUMATA MONOMATA OF BURKINA FASO
Fatoumata has lived in the same rural village her entire life. Malaria, food insecurity and poverty were simply
the normal conditions of life for her and her family. But Fatoumata dreams of something better for her
children. Although she had never been to school herself, Fatoumata wanted her children to have an education,
to grow up healthy and to have a better life than she had known. Fatoumata was already working hard
to help her family when Credit with Education came to her village.Through her participation, Fatoumata
started to create lasting changes in her life.
When we talked with Fatoumata, she had been participating in Credit with Education for two years. She
used her first loan of $50 to buy potatoes, vegetables and nuts in bulk, which she resells at the local market.
She told us that she had worked her way up to a loan of over $175 and had proudly purchased a wagon to
improve her business. She says that she shares her wagon with her neighbors because she wants them to be
successful, too.
THIS IS HOW FATOUMATA TELLS HER OWN STORY:
“My loan helps me buy fresh nuts and potatoes in bulk.This lowers my costs and increases my profits. Some
women use local moneylenders to get loans, but they charge very high rates. I stay away from them.
“Earning more money helps me to care for my children. I’ve even helped my husband
with my money—especially when my children are sick or my husband is sick. I’ve saved
enough money to buy a wagon to carry my goods to market. My husband agrees that
the loans have helped our family.
“The learning sessions in the program help so much, especially when they focus on
keeping my children healthy.The pregnant women of my village also benefit from these
sessions. When I was pregnant with my twin sons, I understood how to keep myself
healthy.
“I like working as a group to do things together. We support each other.Together we
learned where malaria comes from and how it is spread.The learning sessions also
taught us which medicines truly fight malaria and which ones don’t.
“Before these learning sessions, we tried traditional medicines—roots and leaves.The
traditional medicines didn’t work.The disease would always come back. Sometimes we
got even sicker. When we went to the health clinic, we
didn’t take all the medicine they gave us. We thought that
if you felt better, you could stop. We didn’t know that was
a serious mistake. Because of the education we have had
about malaria, I know how to protect my children from
malaria. I don’t worry so much anymore.”
5
Our Mission Statement
Founded in 1946, Freedom from Hunger
brings innovative and sustainable self-help
solutions to the fight against chronic hunger
and poverty. Together with local partners, we
equip families with resources they need to
build futures of health, hope and dignity.
Freedom from Hunger meets the standards of all charity watchdog groups.
5

the path to self-reliance
Freedom from Hunger’s programs build on what women living in rural poverty
already have in abundance: determination, collective courage, an entrepreneurial spirit,
and the love they have for their children. We transfer skills, knowledge and resources
that women can own, share and pass from generation to generation. It is a recipe for
enduring change—one that waits to serve all the world’s hungry.
Freedom from Hunger
International Center
1644 Da Vinci Court
Davis, CA 95618
(530) 758-6200
www.freedomfromhunger.org
West Africa Office
Rue 69, porte 402
Hamdallaye, ACI 2000
Bamako, Mali
(+223) 229-6770
India Office
Reach India
Second Floor, 20D
Belvedere Road
Kolkata, India 700 027
(91) 33 2479-2452
Mexico City Office
Alcance/Reach Mexico
Hegel No. 207, Piso 6,
Col. Chapultepec Morales
C.P. 11570, México, D.F.
(52) 55 5254-6357
Text: Christopher Dunford, Chela Moore, Claire Thomas
Design:Tackett-Barbaria Design
Photos: Karl Grobl for Freedom from Hunger © 2003, 2004, 2005, 2006