Name: Food Bank For New York City
Formerly known as: Food for Survival
Address: 39 Broadway 10th Floor New York, NY 10006
Year, State Incorporated: 1983, New York
Stated Purpose: " Food Bank For New York City recognizes 27 years as the city's major hunger-relief organization working to end food poverty throughout the five boroughs. As one of the country's largest food banks, our mission is to end hunger in New York City by organizing food, information and support for community survival and dignity. As the city's hub for integrated food poverty assistance, the Food Bank tackles the hunger issue on three fronts — food distribution, income support and nutrition education — all strategically guided by its research.
"
Food Bank for New York City (FBNYC), along with the support of volunteers, corporations, the food industry and supermarkets, operates a hunger relief network that reaches individuals in all five boroughs of New York City. The FBNYC provides wholesome, nutritious, and free meals daily for New Yorkers in need. FBNYC also helps New Yorkers at risk of hunger to become self sufficient.
Chief Executive Officer: Margarette Purvis, President & CEO
Chair of the Board: Henry Belin
Chair's Profession / Business Affiliation: Bethel AME Church
| *Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. |
Method(s) Used:
Direct mail appeals, telephone appeals, invitations to fund raising events, print advertisements (newspapers, magazines, etc.), grant proposals, internet, cause-related marketing (i.e. affinity credit cards, consumer product sales, etc. that indicate purchases will benefit your organization)
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| Fund raising costs were 4.5% of related contributions. (Related contributions, which totaled $48,453,537, are donations received as a result of fund raising activities.) |
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This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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| The following information is based on Food Bank For New York City's Audited Financial Statements for the fiscal year ended June 30, 2010. |
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Source of Funds
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Donated Food
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$33,583,774
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Government Contracts
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17,983,135
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Foundations and Corporations
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9,566,666
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Individuals
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3,762,801
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Special Events
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1,540,296
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Sale of Food and Paper Products
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748,870
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Shared Maintenance
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409,484
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Other Income
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115,526
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Investment Gain
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77,330
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Total Income
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$67,787,882
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Program Expenses
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Distribution and Storage of Food
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$48,707,861
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Nutrition Services and Education
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4,613,470
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Community Kitchen
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1,807,319
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Income Policy
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1,728,824
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Food Access
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1,555,150
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Research and Policy
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1,404,427
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Seniors
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149,529
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Total Program Expenses:
Fund Raising Expenses Administrative Expenses
Total expensesIncome in Excess of Expenses
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59,966,580
2,195,043 1,838,910
$64,000,533$3,787,349
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Uses of Funds as a % of Total Expenses
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Programs: 94%
Fund Raising: 3%
Administrative 3%
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Roll the cursor over the pie chart to see the dollar amounts.
| Beginning net assets |
$10,760,503 |
| Ending net assets |
14,547,852 |
| Total liabilities |
4,683,016 |
Total assets |
$19,230,868 |
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