history of meals for millions, soy, and freedom from ... - SoyInfo Center
history of meals for millions, soy, and freedom from ... - SoyInfo Center
history of meals for millions, soy, and freedom from ... - SoyInfo Center
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cover is a brown <strong>and</strong> white photo <strong>of</strong> an Indian woman <strong>and</strong><br />
three smaller color photos. Any comparative statistics<br />
(except <strong>for</strong> income <strong>and</strong> expenses) contained in this report<br />
are not readily apparent.<br />
In 2006 total unrestricted operating revenue <strong>and</strong><br />
support was $5.012 million, up 26.1% <strong>from</strong> $3.705 million<br />
in 2005. Of the expenses, 9% were <strong>for</strong> administration <strong>and</strong><br />
9% were <strong>for</strong> fundraising, leaving 82% <strong>for</strong> program services<br />
<strong>and</strong> in<strong>for</strong>mation (the “in<strong>for</strong>mation” includes giving a<br />
presentation or lecture about FFH, answering a question<br />
<strong>from</strong> a donor on the phone, talking to potential partners<br />
about a project).<br />
In the section titled “Sharing the vision, changing the<br />
world” (p. 10-13), donors are listed <strong>and</strong> ranked into<br />
categories by amount donated. The top category is<br />
$100,000+ in which 10 donors are listed. These include:<br />
Bill & Melinda Gates Foundation. GlaxoSmithKline<br />
(African Malaria Partnership). Micr<strong>of</strong>inance Opportunities.<br />
Nike Foundation. U.S. Agency <strong>for</strong> International<br />
Development (USAID).<br />
On page 9 (Revenues <strong>and</strong> Expenses) we read: “In fiscal<br />
year 2006, each dollar donated to Freedom <strong>from</strong> Hunger<br />
mobilized $29.78 in loan funds to entrepreneurial women.”<br />
Below that is a dollar bill, followed by an “equal sign,”<br />
followed by $29.78 in bills <strong>and</strong> coins. Chris Dodson <strong>of</strong> FFH<br />
(Jan. 2011) explains: “It is just not about matching grants.<br />
Rather, it is a statement <strong>of</strong> the leverage that donations <strong>from</strong><br />
the general public funding could provide to Freedom <strong>from</strong><br />
Hunger as it approached larger donors. Without a steady<br />
base <strong>of</strong> public support, many larger donors will not fund a<br />
smaller organization. The larger donors want to be sure that<br />
the smaller organization has stability <strong>and</strong> will survive if the<br />
larger organization (<strong>for</strong> any reason) decides to stop its<br />
funding.” Address: 1644 DaVinci Court, Davis, Cali<strong>for</strong>nia<br />
95617. Phone: (530) 758-6200. Fax: (530) 758-6241.<br />
358. Freedom <strong>from</strong> Hunger. 2007. Annual report 2007: Can<br />
micr<strong>of</strong>inance change the world? Davis, Cali<strong>for</strong>nia: FFH<br />
Foundation. 12 p. 28 cm.<br />
• Summary: Christopher Dun<strong>for</strong>d, PhD is president.<br />
Lawrence P. Youngblood is chair, board <strong>of</strong> trustees. The<br />
cover is largely white with three small color photos. Any<br />
comparative statistics contained in this report are not readily<br />
apparent. But page 1 seems to suggest some new<br />
approaches <strong>and</strong> deep changes: “Credit with Education is<br />
now delivered by local micr<strong>of</strong>inance institutions in 14<br />
countries to well over 530,000 women... This is a 13%<br />
increase over last year... Saving <strong>for</strong> Change is reaching<br />
55,000 women who were previously considered ‘too poor’<br />
<strong>for</strong> a loan <strong>and</strong> too expensive to serve with education...”<br />
Under “Program achievements” is a section titled<br />
“Micr<strong>of</strong>inance <strong>and</strong> health protection” which states (p. 5):<br />
“Families living in poverty are <strong>of</strong>ten devastated by costly<br />
health crises. Micr<strong>of</strong>inance organizations that depend on<br />
MEALS FOR MILLIONS, SOY, AND FREEDOM FROM HUNGER 161<br />
© Copyright Soyinfo <strong>Center</strong> 2011<br />
women’s ability to repay loans, want to help their clients<br />
safeguard their own health as well as that <strong>of</strong> their families’.<br />
With the support <strong>of</strong> a major grant <strong>from</strong> the Bill & Melinda<br />
Gates Foundation, Freedom <strong>from</strong> Hunger’s Micr<strong>of</strong>inance<br />
<strong>and</strong> Health Protection (MAHP) initiative is working with<br />
five micr<strong>of</strong>inance institutions in Benin, Bolivia, Burkina<br />
Faso, India <strong>and</strong> the Philippines to develop new<br />
combinations <strong>of</strong> micr<strong>of</strong>inance <strong>and</strong> health-protection<br />
services. These packages include <strong>of</strong>fering health savings<br />
accounts <strong>and</strong> emergency loans, supporting local sellers <strong>of</strong><br />
health care products, enrolling micr<strong>of</strong>inance borrowers in<br />
health insurance programs <strong>and</strong> making service contracts<br />
with local health care providers.<br />
“Fiscal Year 2007 marked the launch <strong>of</strong> MAHP.<br />
Partners were selected, packages researched <strong>and</strong> developed,<br />
pilot-testing begun, <strong>and</strong> research to measure impact<br />
designed. Over the next two years, each package will be<br />
evaluated <strong>for</strong> effectiveness <strong>and</strong> scalability. The most<br />
successful packages will be <strong>of</strong>fered to all <strong>of</strong> Freedom <strong>from</strong><br />
Hunger’s partners as well as other organizations...”<br />
Reach (p. 6): “People living in poverty are ready <strong>and</strong><br />
willing to help themselves <strong>and</strong> thous<strong>and</strong>s <strong>of</strong> local<br />
organizations are trying to help them succeed. However, the<br />
time <strong>and</strong> cost to train local organizations to provide highimpact<br />
self-help support is slowing real growth. Reach is<br />
Freedom <strong>from</strong> Hunger’s solution. Through Reach we are<br />
setting up regional training centers to <strong>of</strong>fer high-quality<br />
training <strong>and</strong> materials at low cost to local service<br />
organizations.”<br />
Saving <strong>for</strong> Change–”Freedom <strong>from</strong> Hunger <strong>and</strong> Oxfam<br />
America have jointly developed Saving <strong>for</strong> Change.”<br />
Because <strong>of</strong> the large grant <strong>from</strong> the Gates foundation<br />
<strong>and</strong> new partnerships, the <strong>for</strong>mer metrics <strong>of</strong> progress used<br />
by FFH no longer work so simply. Moreover, the financial<br />
statements have become more complex. Total unrestricted<br />
operating revenue <strong>and</strong> support is $7.356 million in fiscal<br />
2007, up 46.8% <strong>from</strong> $5.012 million the previous year. Of<br />
this, 40% is corporate <strong>and</strong> foundation giving, <strong>and</strong> 37% is<br />
philanthropic <strong>and</strong> planned giving.<br />
In a plastic pouch on the inside rear cover is a 10minute<br />
DVD titled “Ending hunger <strong>for</strong> good,” narrated by<br />
Jane Pauley <strong>and</strong> Mohammad Yunus, PhD, each a co-chair <strong>of</strong><br />
FFH’s Ambassador’s Council. Note: In future years, any<br />
DVDs or videos were on the website. This DVD was<br />
donated by one <strong>of</strong> FFH’s trustees who is in marketing <strong>and</strong><br />
advertising; producing such a DVD costs a great deal <strong>of</strong><br />
money <strong>and</strong> takes huge amounts <strong>of</strong> staff time.<br />
On page 8 is a new <strong>and</strong> important feature: “Freedom<br />
<strong>from</strong> Hunger is honored by Charity Navigator’s highest<br />
rating: four stars.” The meaning <strong>of</strong> this rating is explained.<br />
Below that is the Charity Navigator logo <strong>and</strong> the BBB Wise<br />
Giving Alliance St<strong>and</strong>ards logo (give.org).<br />
A small insert, which is partly a summary <strong>of</strong> the larger<br />
report, states: “Micr<strong>of</strong>inance <strong>and</strong> more... Credit with