Annual Report Fiscal 2010

Freedom from Hunger Annual Report Fiscal 2010

1 Table of Contents

One Woman. Many Challenges. A Combined Solution...... 3 Greater Impact by Working Together...... 4 Verifying Impact ...... 4 Stronger Together: How Combining Services and Collaborating with Partners Improved Lives in 2010 ...... 5 Credit with Education: Combining Microfinance with Life-Changing Education ...... 5 Saving for Change: Connecting Women in Remote Villages with Savings Circles ...... 5 Advancing Integrated Microfinance for Youth (AIM Youth): Equipping Young People with a Combination of Financial Education and Financial Services...... 6 Launching a Movement Toward Integration: Connecting Practitioners with Combined Solutions...... 6 Stronger Together: Microfinance and Health Protection ...... 7 Financial Highlights ...... 8 Donor Spotlight...... 9 Legacy Circle...... 13 Leadership ...... 13 Ambassadors Council...... 14

2 One Woman. Many Challenges. A Combined Solution.

For Assa Fofana, nothing is simple. If her child comes Click Here to visit our website, where you can learn down with malaria—common in Mali—she cannot sell more about our programs and download our research vegetables at the market so that all her children have papers and technical guides. enough to eat that day. Instead, she stays home with her sick child. Savings set aside to buy food during the hungry season are spent on malaria medicine. She needs a loan to grow her business and earn more money, but her rural village is beyond the reach of banks and even most microcredit providers. School is expensive in Mali, but she knows her children’s education is vital if her family is to end generations of poverty and hunger.

Freedom from Hunger knows that Assa and more than a billion people like her need more than money to defeat “I am at peace now,” says Assa. “I have benefited [from poverty. That’s why our programs combine microfinance the group] in too many ways to say.” with education and health services. To ensure lasting change, we train local organizations to deliver the You can also meet women like Assa Fofana. She and her programs cost-effectively and independently. women friends are participating in Saving for Change, where they can save money together, borrow from the This past year, we showed that combining microfinance group’s fund and learn how to safeguard their families with education and health services is smart, both for from malaria. women and for the local organizations that serve them. More and more local organizations are joining us in integrating programs to alleviate world poverty.

In Fiscal Year 2010, our donors, friends, colleagues and Christopher Dunford partners helped Freedom from Hunger connect people President, Freedom from Hunger to programs for greater impact.

3 Greater Impact by Working Together more than 14 million people move toward better futures. Better still, research shows that women actively Freedom from Hunger is reaching more than 2.4 million share what they learn in our programs with others in women, nearly a million more than one year ago! How their communities—further expanding our impact. can a small organization reach so many? By working with local organizations that share our commitment to Verifying Impact ending poverty and hunger, by sharing our innovations freely with fellow aid organizations and by following the Good intentions are never enough to ensure positive example of the women we serve. In the face of obstacles, impact. Because we serve people who live on the margin they stand tough and rely on each other. We do the same, of survival, we have to get it right. So we conduct arm in arm with these women and our donors, partners rigorous, scientific studies of the effects of our programs, and colleagues. We are all stronger together. which show us what to expand and where to improve. We publish our research so that others can learn and NUMBER REACHED adapt our approaches to meet the needs of the people they serve. To view our impact reports click here.

2,500,000 Freedom from Hunger has received four consecutive 2,465,357 4-star evaluations from Charity Navigator, an achievement

2,000,000 matched by only 9% of the charities they rate. This and other top ratings from charity watchdogs indicate that Freedom from Hunger consistently executes its mission 1,500,000 1,483,427 in a fiscally responsible way and outperforms most charities in America. The voices of the women we serve

1,000,000 1,162,358 give us other indications of our impact. These are the words of Gulenur Begum, who lives in a remote village north of Kolkata, India: 500,000 503,616 “Now I am able to pay my children’s tuition and afford doctors’ fees if anyone falls sick. I am also able to provide

2005 2007 2009 2010 more nutritious food to my children. Previously, things

one figure = 30,000 women were not that easy for us. I think I am leading more of a fearless life right now.” Research confirms that women bring home to their families (roughly six people each) the benefits of their participation, which means our programs have helped

Freedom from Hunger Leverage 42 17 112 2.4 STAFF COUNTRIES PARTNERS MILLION WOMEN

4 Stronger Together: How Combining Services and Collaborating with Partners Improved Lives in 2010

Credit with Education: Combining Microfinance with Life-Changing Education

Benin, Bolivia, Burkina Faso, Ecuador, Ghana, Guatemala, Haiti, India, Madagascar, Mali, Mexico, Peru, the Philippines, Togo

Credit with Education is Freedom from Hunger’s pioneering combination of microfinance and education. Piloted over twenty years ago, this microfinance service delivers health, nutrition, business, and household finance education to more than 700,000 women. They benefit not just from the combination of microfinance and education, but also by working together as a group. Over the past ten years, Freedom from Hunger has built variations of the Credit with Education model. Read on to see how Saving for Change creates similar opportunities for women beyond the reach of microfinance institutions, how AIM Youth seeks to extend integrated services to young people and how the Microfinance and Health Protection initiative has pushedCredit with Education beyond health education to include access to health care and health products for the chronically hungry poor. Click here to learn more

Saving for Change: Connecting Women in Remote Villages with Savings Circles

Burkina Faso, El Salvador, Mali, Senegal

Saving for Change helps women overcome rural isolation and absolute poverty to save and lend to each other from their own collection of savings. Because many women are too poor or too remote to be served by standard microfinance institutions, Freedom from Hunger (jointly with Oxfam America and Strømme Foundation) has designed programs and curricula to train women to form and independently manage their own savings circles (and even launch new ones). Saving for Change enables women to build their own loan funds, set their own interest rates and rules, and even lead expansion of the program in their area. By the end of FY10, there were 13,299 Saving for Change groups in Mali alone, more than half of which were launched by the women themselves. The more than 350,000 women participating in these groups worldwide had mobilized over $7.5 million—about $21.50 per woman, an impressive sum for a population that often endures life on less than $1.25/day. The women are also participating in Freedom from Hunger’s malaria curriculum—a vital health topic in malaria-endemic West Africa. Click here to learn more

5 Mexico Haiti Mali India The Philippines Senegal Guatemala Honduras Burkina Faso El Salvador Ghana, Togo Ecuador and Bénin Peru

Bolivia Madagascar

Advancing Integrated Microfinance for Youth (AIM Youth): Equipping Young People with a Combination of Financial Education and Financial Services

Ecuador, Mali

Freedom from Hunger is working to make value-added microfinance available to young people as well as adults.Young people raised in deep poverty face staggering obstacles as they enter adulthood. They must contribute financially to the household budget before they have adequate resources or knowledge. We are developing financial education and financial services to equip young people (13–24 years old) with knowledge and tools to set financial goals, manage money and build and protect assets. To this end, we have conducted research in both countries to identify the current financial pressures and strategies of young people. With the new tools we are developing, we will train both microfinance institutions and non-financial organizations to cost-effectively and independently organize youth groups and provide them with both education and financial services. With our new technical guides and publications, Freedom from Hunger will support youth services organizations and encourage innovation in this new field. Click Here to learn more Launching a Movement Toward Integration: Connecting Practitioners with Combined Solutions

Worldwide

The World Bank estimates that about one billion people worldwide live on less than $1.25/ day. Even worse, a woman may have $5 on some days to buy food, pay for healthcare or grow a business—on other days, nothing. With one-sixth of the world’s population so poor they are chronically hungry, Freedom from Hunger doesn’t expect to do it all. We train local partner organizations to deliver and expand the programs we develop with them, and encourage other international organizations to freely adopt and adapt our programs. In 2010, we led workshops at major conferences around the world to communicate the power of combining microfinance programs with other services. We find that, more than ever, our colleagues are inspired by our approach. We also published numerous technical guides, research reports and papers to show other practitioners how to implement their own integrated microfinance and health protection programs. CLICK HERE to Learn More

Don’t forget! Click Here to gain access to our technical manuals, curricula, program documentation and research reports.

6 Stronger Together: Microfinance and Health Protection

Benin, Bolivia, Burkina Faso, Ghana, India, the Philippines

When a very poor woman takes a microloan, she risks being unable to pay it back. The biggest risk is that she will become ill or will have to stop working to care for a sick family member. In rural areas, this risk may be high because of endemic diseases such as malaria.

Because family health and financial health are so closely tied, Freedom from Hunger built on the health education offered through Credit with Education to create the Microfinance and Health Protection (MAHP) initiative. The goal was not just to improve family health and finance but also to show microfinance institutions how offering their clients access to health services and products makes good business sense.

“I now have health insurance and also enjoy the benefits of the Preferred Provider Program, which gives me access to discounted medical consultations and medication. With the savings, I am able to purchase more food and afford transportation.” Belinda, CARD member in the Philippines.

Here are just a few highlights from research studies completed in 2010: MAHP is popular with both microfinance clients and the institutions that serve them. Microfinance institutions were offering MAHP services to over 650,000 women by the end of June 2010. Women participating in MAHP programs improved their health knowledge and practices. For example, in India, the use of life-saving oral rehydration solution to treat children with diarrhea—a leading cause of death there— increased by 47%. Our Bolivian microfinance partner, CRECER, increased access to healthcare providers through regular health fairs and found that 24% of clients who attended the health fairs had never seen a doctor before. In the Philippines, 88% of the clients of our partner CARD said the health insurance service offered by the program had helped them significantly to cope with the cost of illness. The average annual cost of adding health protection services to microfinance programs is only $.29 per person (across all MAHP partner organizations), and some services can be expected to more than break even, generating modest profits at larger scale. click here To Learn More

7 Financial Highlights

STATEMENTS OF UNRESTRICTED ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS* Years Ended June 30, 2010 and 2009 2010 2009 UNRESTRICTED OPERATING REVENUE AND SUPPORT: * The Statements of Unrestricted Individuals and Planned Gifts $3,437,007 $3,198,397 Activities and Changes in Unrestricted Net Assets are designed Corporate and Foundation Grants and Gifts 2,744,254 2,853,771 to reflect the results of operations Public Sector/NGOs/Other Sources 325,446 285,964 exclusive of non-operating activities Contributed In-kind Materials and Services 81,428 154,903 (such as gains/losses on investment Net Assets Released from Restrictions 879,841 546,839 accounts) and are derived from the audited financial statements. Total Unrestricted Operating Revenue and Support 7,467,976 7,039,874

UNRESTRICTED OPERATING EXPENSES: Africa Programs 1,324,224 1,431,925 Central & South America Programs 990,681 628,642 Southeast Asia Programs 584,230 882,980 Global Programs 1,125,386 1,322,204 Program Information/Hunger Awareness 859,802 1,177,507 Fundraising 495,268 527,537 General and Administrative 866,100 968,610 Total Unrestricted Operating Expenses 6,245,691 6,939,405 CHANGE IN UNRESTRICTED OPERATING NET ASSETS 1,222,285 100,469 NON-OPERATING - Other Income 123,599 (513,670) CHANGE IN UNRESTRICTED NET ASSETS 1,345,884 (413,201) UNRESTRICTED NET ASSETS, BEGINNING OF YEAR 1,774,814 2,188,015 UNRESTRICTED NET ASSETS, END OF YEAR $3,120,698 $1,774,814

STATEMENTS OF FINANCIAL POSITION June 30, 2010 and 2009 2010 2009 ASSETS: Current Assets $4,995,234 $5,074,671 Cash Surrender Value of Life Insurance 161,594 145,306 Split Interest Agreements 106,881 103,728 Property and Equipment, net 589,101 669,155 Other Assets 77,778 77,778 TOTAL ASSETS $5,930,588 $6,070,638

LIABILITIES AND NET ASSETS: Current Liabilities $912,614 $2,807,740 Noncurrent Liabilities 200,000 200,000 TOTAL LIABILITIES 1,112,614 3,007,740 NET ASSETS: Unrestricted Net Assets 3,120,698 1,774,814 Temporarily Restricted Net Assets 1,619,498 1,210,306 Permanently Restricted Net Assets 77,778 77,778 TOTAL NET ASSETS 4,817,974 3,062,898 TOTAL LIABILITIES AND NET ASSETS $5,930,588 $6,070,638

8 As part of Freedom from Hunger’s strategy of training local partner organizations to deliver, grow and sustain the programs we develop, we spun off two of our own programs to independence: Reach India and HealthKeepers in Ghana. This temporarily reduced our program staff as we reorient our efforts toward program expansion in Asia, Latin America and francophone West Africa. Our high-leverage strategy of working with local partners enabled us to reach nearly one million more women in just one year (June 2009 to June 2010). At the close of Fiscal Year 2010, with only 42 staff worldwide, working with 112 partners in 17 countries, we were reaching more than 2.4 million women plus their families—a total of 14 million people. Operating Revenues: $7,467,976

46% Individuals 5% Government & NGOs Expenses: $6,245,691

14% Administration 8% Fundraising

1% In-kind Gifts 48% Private Foundations & Corporations

78% Program Services & Information

You can read Freedom from Hunger’s audited financial statements and also our IRS Form 990 by clicking here. Donor Spotlight

To achieve its mission of ending chronic hunger, Freedom from Hunger receives the generous support of an impressive and dedicated array of donors. We are grateful for the support of the donors named below who made gifts of $500 or more between July 1, 2009 and June 30, 2010.

Archimedes Society - Leaders Archimedes Society - Entrepreneurs Institute of Development Studies Johnson & Johnson $1,000,000+ $100,000-249,999 Zodiac Fund The MasterCard Foundation ACE Charitable Foundation John and Jacque Weberg International Labour Organization (ILO) Archimedes Society - Pacesetters $25,000-49,999 Archimedes Society - Visionaries Archimedes Society - Innovators Jenny Austin and Eric Friedman $250,000-999,999 $50,000-99,999 Breyer Family Fund of Anonymous (1) Enterprising Solutions The Minneapolis Foundation Global Impact David Weekley Family Fund Global Solutions Mary and Jerry Goudreau

9 New Field Foundation Thomas and Sylvia Tuttle Oxfam America Lucille Werlinich The PIMCO Foundation Steven P. Willner and Carol J. Jensen Skees Family Foundation Worldways Social Marketing J. Grover and Catherine Thomas Empowerment Circle - Sponsors Archimedes Society - Partners $1,000-2,499 $10,000-24,999 Anonymous (22) Anonymous (1) The Seattle Foundation Anonymous in memory of Mr. and Mrs. Edwin T. Baldridge Edward A. Seebol Solomon H. Chafkin Mr. and Mrs. James R. Biard Barbara and Harvey Sigelbaum Sultan Al Essa Daniel Bresnan Cyrus and Joanne Spurlino American Endowment Foundation’s Jonathan G. Budd John and Gussie Stewart Thanksgiving Fund Peter and Debra Alexis Drake One Great Hour of Sharing, Wider Church Eldon and Patricia Anderson The Friedland Foundation Ministries, United Church of Christ Scott K. Anderson Frederick and Lynn Hanna Timothy and Mary Jo Wainwright Jocelyn Arellano Peter Hays Weissman Family Foundation Nancy C. Atherton The Horace W. Goldsmith Foundation Daniel Wolfson and Diana Gonzalez Gandolfi Bank of America Matching Gifts Program Innovations for Poverty Action (IPA) The Douglas R. Woll and Charles and Jean Barnett in memory of John H. and Anne N. Kersey Margaret Yellin Woll Family Foundation Margaret B. Barnett Leatherman Family Fund of The Women’s Caucus, Trudi E. Black in memory of my beloved The Minneapolis Foundation McGeorge School of Law husband Arthur L. Black Maurice R. Meslans and Margaret E. Holyfield World Vision International Martin L. Bolas The Pauley-Trudeau Foundation Mary and Redwood Wright Fund of The Brian and Patricia A. Herman Fund at the Susan and David Plimpton The Cape Cod Foundation Community Foundation of Dennis and Theres Rohan Larry and Katherine Youngblood Santa Cruz County The Shelley & Donald Rubin Foundation Leticia Brotherson Mary Lou K. Stevenson Empowerment Circle - Benefactors C. John Bryer The Trull Foundation $2,500-4,999 Susan Okie Bush Marianne Udow-Phillips and William Phillips Beverley Campbell Anonymous (15) The Windmill Foundation Hardy H. Campbell Linda K. Ashworth Catherine Caneau Empowerment Circle - Investors Bioneering Corporation Denis Carrade Chandra Bourne $5,000-9,999 James Allen Carroll John and Margarete Cooke David and Kris Chatfield Anonymous (5) Judith and Richard Corson Nirmal and Ellen Chatterjee Asociación Arariwa The Doehring Foundation Richard and Lucy Chen Atkinson Foundation Elizabeth J. Dooley and Thomas C. Williams Marilyn and Robert Clements Richard C. Auger and Mary E. Radu Dr. and Mrs. Christopher Dunford Sam Daube Andrea and Lee Botham Earth and Its People Family Foundation Joan M. Davis The Bristol-Myers Squibb Employees Charity Organization Davis High School Matching Gift Program Friends Academy of Locust Valley, NY, Freedom from Hunger Club C. Maude Wrigley Foundation 6th Grade Read-a-Thon Karen DeBenedictis Sheila C. Cheston Kathleen and Bill Hamm Matthew Demchyk Clifford Foundation, Inc. Mrs. John S. Herold The Demchyk Family David P. Cohen and Ellen Goodman Wentworth Hubbard Tom and Liz Des Brisay in memory of Davis Odd Fellows Lodge Number 169 ImpACT Betty and Stuart Des Brisay Richard and Sheila Desrochers Kareli Authors, Inc. in honor of Mark P. D’Evelyn Thomas L. Dodd Gladys Munoz and Betty Christian Mary and Bob Devore in memory of Friendship Bridge Laura J. King Malcolm and Edythe Devore Susan Cleary Garratt in memory of Andrea and Robert Kircher Mark and Tobey Dichter in honor of Bill Garratt and Anne Addington S. J. and Barbara Levy our clients Grameen Foundation USA Robert and Helga Medearis The James Dunford Family Erika Hagopian Peter and Helen Molloy in memory of J.D. and Mary Kay Eiland Hahn Family Foundation Chester Swiderski Gerald and Gail Eiselman Jane M. Sheehan Charitable Foundation Robert and Carolyn Nelson Eli & Mae Rosen Foundation Marta Jo Lawrence Open Society Matching Gifts Program Engineered Monitoring Systems, Inc. Thomas A. Lehrer Betty Peters in memory of Jerry Peters First Presbyterian Church of San Anselmo Charles and Mary Liebman The Phantom Laboratory, Inc. First United Methodist Church, St. Cloud, MN Peter J. Mayer Catherine and David Roth Fondesurco Douglas and Helen Morrill Rose L. Shure Dr. Barbara L. Rees Frances Stewart Ed Michael Reggie Cristina Thomas Sharon K. Ricketts Nicholas R. Tikvica in memory of Steve Rifai Marilyn Tikvica Bill and Cheri Robinson Tosa Foundation

10 Miriam Obermyer Empowerment Circle - Supporters Benedict and Margarete O’Brien Randy L. Olsen $500-999 Evelyn D. Parker Anonymous (28) Marilyn L. Perona Anonymous in memory of Mr. and Mr. and Mrs. John M. Peterson, Jr. Mrs. J. T. Arenberg, Sr. Nicholas F. Petraglia Anonymous in honor of Pfizer Foundation Matching Gifts Program the Women of Chiapas, Mexico Gary Ford and Nancy Ebb John R. Poole Leslie Adams Gustin and Erin Fox-Smith Laurel T. Profita in honor of my children Alicia, Bill and Joan Allen Edward and Karen Fraioli Maggie, Gina, and Tony Profita Richard A. Allen Laurie Gatlin Raabe Family Fund Peter and Laura Anderson in memory of Maggie Geddes Rossana M. Ramirez lloyd F. Anderson Paola Gianturco Red Alternativa Internacional de Ethan M. Anderson The Glickenhaus Foundation Instituciones Financieras, América Latina The Asha and D.V. Nayak Fund Billie Williams Glozer Results for Development Institute Wanda and Robert Auerbach Tracey and Gary Gmoser William and Eleanor Revelle Ann Barclay Robert and Maria Goldstein Clayton S. Reynolds David H. Barkhuff Google Matching Gifts Program Bob and Cindy Richards Janice A. Beauchemin Erik and Lorie Goshin Eugene Rietschlin Susan L. Beckett Ronald and Sumalee Grant in memory of R.M. and T.Y. Brown Foundation Douglas J. Bender George Grant Joan D. Rogin Jim and Jill Bennett Donald and Rosalie Gray Roll Giving William T. Bernhardt James I. and Patricia A. Grieshop The Ruby K. Worner Trust in memory of Nesbitt Blaisdell in memory of John Locke Lillian B. Griffith her parents and grandparents Danice Bordett Louis E. and Georgette Grivetti The Samuel & Grace Gorlitz Foundation Norman and Terri Buchan Joel and Janice Hadary Douglas Schrepel Robert C. Buckner Thomas L. Hall and Elizabeth McLoughlin David M. Schuld Mr. and Mrs. R. H. Bunzl Leigh Hallingby Jonathan E. Schwartz Pauline Butcher James and Ingrid Halstead Jeffrey D. Scott Hillary Butler George C. Halvorson Sally A. Shepherd in memory of Ross and Lillian Cadenasso Barbara S. Haroldson John W. Shepherd Benjamin and Elizabeth Canning Marilyn Hartig Rev. William and Judy Shillady ChangingThePresent.org Tariq and Huma Hashmy Marcelle Shoop Dr. Sherry Chappell Glenn Heinmiller Richard and Diana Shore Esther H. Cidis Martha Holman and Wayne Guzy Noele and Peter Silverman Pamela J. Cole Edward and Lin House Corinne Beatrice Smith Robert A. Cook Robert and Christine Husson George Y. Sodowick Keith and Regina Covin ITW Foundation Soroptimist International of Leland and Stacey Crawford Dominic Jaeger Metropolitan Sacramento Mr. and Mrs. Irwin D. Cromwell Monwhea Jeng Mary Stevenson in honor of Dennis Hurley Robert and Jennifer Crouch Theodore Johnson, Jr. Craig Stine and Jeannette Wilcox Barbara Cuneo Edward M. Juda Stull Family Foundation George Cyriac Michael C. Just Thomas and Linda Swan Elspeth A. Davis in memory of Elsie H. Hill Douglas M. Keenan Elizabeth Tanner Jane DeMont Mark and Nancy Kessler Marcia K. Townley Alana Denison Russell M. Kirk Sandra Trimble Kathryn Denning, Rachel Berquist, Robert Krum and Hans-Michael Vermeersch Jean M. Trubey Taylor Young and Erin Kilberg Carolyn A. Landwehr Anne S. Twitchell Matthew G. di Cicco Dr. Kathie J. Lang The Unitarian Universalist Society of Geneva Discoverers Fund Inc. Gilah Langner Ronald and Nancy Usher Dr. Constance J. Doran Jean Lecuyer UU Congregation of Fairfax Ralph and Esther Dorsey Morelle I. Levine Vasilius Foundation Hugh and Jane Dougan Amy Lowrey Clara Vega de Fabre and Mauricio Fabre Patrick and Carol Dunn Elise B. Lufkin Eleanor and Weldon Wasson James and Nancy Eastman Renata Magalhaes Dorle E. Weil A. Lovell and Joan Elliott Tyler McLaughlin Alice F. Weston Gerald and Kimberly Elphingstone Ginger McNally and Matt Murphy Cynthia P. Wilcox Jan K. Elsbach in honor of Racha Elsbach Carolyn A. Megal Karen Wohlgemuth Marcia Metcalfe and Donald Goldstein April M. Wurster Carolyn B. and Joseph S. Meyer The Microcredit Summit Campaign Microsoft Matching Gifts Program Jim E. Miller The Mitzvah Foundation Elise Murray Janet Novak and Christopher Sarnowski

11 Esther J. Entin in memory of Isabell Entin Lois T. Levine Leslie Rodrick Nasser Fattah Joshua Levy and Julie Simms Helen F. Roeske Nancy E. Fleischer Paul Jay Lewis Sheldon Rose Karen M. Forecki Rev. Paul Lionberger Robert Rothhouse Ray and Karen Foss Christian M. and Reine Andrea Loupeda Drake Sadler Jeanne Foster Elise G.B. Lufkin Shirley and Ernest Santel Mr. and Mrs. Walter E. Foster Marvin and Jane Maas Carol A. Schifman Fountain Street Church Barbara and John Magella in memory of Dawne M. Schwartz Deborah A. Freund and Thomas J. Kniesner John B. Magella, Jr. Jennifer Septon Robert C. Friese Christopher and Luz Maiuri James P. Sheridan James G. Frost Julia C. Mathias Donald Shriber Wyndol C. Furman James and Carol McCabe Harold and Jane Shute Victoria A. Gall Judith A. McCartney The Sinclair Family Anthony F. Gasbarro McGraw-Hill Companies, Inc. Matching Sisters of the Divine Savior GE Foundation Matching Gifts Program Gifts Program Victoria SkellCerf and Stuart Faulk Martha Gibbs Vikki Mesich Milton M. Small Lee H. Gilbert Nancy Messner James and Alice Snelgrove Ra’uf and Katrin Glasgow George E. Michelic, Jr. Irene Soubry Martin Goldberg and Nina d’Ambra Minerva Fund of the Community Foundation Scott Spear Elihu and Dorothy Goldish for the National Capital Region Eileen Stack and Matthew Clarke George Greenstein Bernie Minsk Kathleen E. Stack John L. Griffith Selma (Sally) B. Mittelstadt Arthur and Lois Stainman Janet Gurwitch M. J. S. Strong Charitable Trust State Employees’ Community Campaign Tacy and Holger Hahn Nilesh Modi The Strausman Family Fund, Inc. Anne Hamilton Louis Montrose and Caroline Ding Lisa and Scott Stuart Shireen Heidari Neeta Moonka and Arthur Charity Donald M. and R. Patricia Sullivan Jay Heimowitz in memory of Bryan Morgan Marcia A. Summers essie and Morris Heimowitz Jim and Leona Gail Morton Virginia G. Swanberg Donald Helgeson and Sue Shepard Olga Murillo-Ugalde Tom and Jeanne Sween David Henige and Janice Behn Jerry and Suzanne Murphy Edith G. Thacher Maret Hensick Roger Myers and Erin McCormick Marjorie A. Thatcher John Heyman Dr. Irene Natividad C. Gomer Thomas Dorothy S. Hill Ramakrishna and Kamakshi Nayak Sanna P. Thomas Ann L. Hillstrom Bruce Nayowith Laurie J. Thornton Jerry and Mary Hitpas Richard S. Nenoff, M.D. Didier J. Thys in memory of Jean Marie Vincent Herbert Horvitz Net Optics Inc. The Toole Fund at the Community Foundation Mary T. Houghton Lois Lyon Neumann of Santa Cruz County Deborah and Addison Igleheart J. Kelley Nevling Colonel Robert S. Troth Intuit Foundation Matching Gifts Program Roger and Joyce Nussbaum United Way of New York City Dan Jagusch Zena Obeid Peter T. Vajda Mr. and Mrs. Frederic L. Jandrey Dr. Mark and Mary Odell Tom and Linda Veblen JM Family Enterprises, Inc. William Ohs Philip R. Vulliet Lenore Jean Jones in honor of Marilyn M. Oronzi The V. W. Eberlein Charities Fund Jean McClarin Jones Barbara Ann Page and Roger Prior Wachovia Foundation Matching Gifts Program Mary S. Kahn Raymond Paretzky and Karen Zacharia Carole D. Wagner Kandell Fund Dorothy J. Parkander Janette M. Wahba Janet and Richard Kasbohm Susan G. Parker Richard and Pauline Wartman Mary B. Kasbohm Andrew A. Patricio April and Tim Watson Kathleen M. Cole Family Trust in honor of William R. Payden in memory of Carole F. Watson kathleen M. Cole Mary and Joseph R. Payden Barry and Elsa Waxman Fuat and Janet Kavak Graham Perrett WEMAN Network Willa Keizer Dolores and Alphonse Piekut Ardis J. Westwood Joseph W. Kenderdine Elizabeth P. Pierce Muriel and Mark Wexler Foundation Mary Jo Kenny Ronald W. Plank Joan R. Wheelwright, M.D. Bauer Knight Rick and Robin Polse Conan Wickham and Betsy Ronsheimer Robert F. Koslosky L. Ralph Pothel and Michelle Williams Winky Foundation Kraft Foods Matching Gifts Program Joan G. Poulos in memory of Opal Graham Janet and Roger Winslow Gerald and Linda Kuhn Ruth C. Purdon Ruby Witter and Carroll Witter in honor of Marilyn E. Kunzweiler Mary C. Racki robert and Rebecca Barr Michael and Michelle Kwatinetz Robert and Ilknur Ralston Women’s Empowerment and Norm and Allie Laban-Baker Annapurna Ramanarayanan, M.D. Mainstreaming Network Catherine L. Latham Sarah T. F. Randolph Thomas E. Woodhouse Justine N. Laubly-Diaz Mr. and Mrs. Lyndon Rayment Mr. and Mrs. Robert S. Wynn Luther and Cathy Jo Leake Patricia Reber in memory of Kurt and Dianne Zarder Mary S. Ledding F.B. McManus, my Father Craig and Julie Zilles Jonathan and Shelah Lehrer-Graiwer Roger Redden and La Verne M. Smith-Redden Joanne Leslie and Walter Johnson Dr. Michael J. Reilly

12 Leadership Board of Trustees Legacy Circle J. Grover Thomas, Jr., Chair Ellen L. Breyer, Vice Chair Bequest and other planned gifts provide crucial support for our work with the chronically hungry poor. We salute with gratitude Richard C. Auger, Secretary the members of our Legacy Circle who have included Freedom Ed Michael Reggie, Treasurer from Hunger in their estate and financial planning. Edwin T. Baldridge (Emeritus) Anonymous (33) Eleanor J. Jenkins William Z. Coker Anonymous in memory of John H. and Anne N. Kersey Richard Desrochers robert A. Semple III Stanley C. Kiem Elizabeth Dooley Helen M. Anderson Carolyn A. Landwehr Sean Foote Richard C. Auger and The Leach-Caley Trust Mary E. Radu Joanne Leslie Deborah A. Freund, PhD Mr. and Mrs. Edwin T. Baldridge Rebecca Lindholm Susan Cleary Garratt (Emeritus) Belinda K. Barrington and Christopher and Luz Maiuri Arthur R. Goshin, M.D., M.P.H. Andres Acedo del Olmo Barbara Laura McBurney William G. Hamm Charles and Mary Bowers Judith A. McCartney Ellen and Jan Breyer Robert and Helga Medearis John H. Kersey, M.D. Nita Daluiso Selma (Sally) B. Mittelstadt Sheila Leatherman Christine M. Dodson Meryl and Jim Patterson Mark J. Marosits Catherine A. Dorr Rick and Robin Polse Ginger McNally Susan C. Doyle Dr. Barbara L. Rees Christopher Dunford Ed Michael Reggie Robert W. Medearis Nancy and Vern Dutton Helen F. Roeske Susan B. Plimpton Anne Eberle Kathleen E. Stack William B. Robinson The Eveleth-Ashworth Trust Mary Lou K. Stevenson Catherine C. Roth Emily Garlin Amber K. Stott The William and David and Virginia Swanberg Lucho Torres Susan Garratt Trust Claire Thomas Marianne Udow-Phillips Janet L. Gorski J. Grover and Catherine Thomas Weldon H. Wasson (Emeritus) Jane E. Griffin Sue Tolleson-Rinehart Douglas R. Woll, M.D. Donna C. Henderson Marianne Udow-Phillips Stu and Pat Highet Lucille Werlinich Lawrence P. Youngblood

In Memoriam Senior Staff Christopher Dunford, President Anonymous (1) Dorothy L. Moore Arthur C. Brown, Jr. Joseph S. Namlik Kathleen E. Stack, Vice President, Africa and Asia Catherine B. Detrick Elfrieda I. Nardulli Lisa Kuhn Fraioli, Vice President, Latin America William Franklin Dukes Margaret H. Robinson Ron Forrest, Chief Financial Officer Alice Jeannette Grimme Louise M. Sorensen in memory Edouine François, Director, Training Services in memory of of Ken W. Bibee and Nellie Scott Grimme Stanley M. Sorensen Christian M.X. Loupeda, Director, Social Performance James A. Kearney Edith Tausner Marcia Metcalfe, Director, Microfinance and Health Protection Frieda J. Matthewman Beatrice E. Thompson Rossana M. Ramírez, Director, Youth Microfinance Thomas R. McBurney Virginia Pearson Ransburg Fund Myka Reinsch Sinclair, Special Advisor, Microfinance and Health Protection Eden Rock, Director, Institutional Giving Conan J. Wickham, Director, Finance Christine M. Dodson, Manager, Donor Communications Megan Gash, Research and Evaluation Specialist Bobbi Gray, Research and Evaluation Specialist

13 Ambassadors Council

The Ambassadors Council of Freedom from Hunger includes men and women of accomplishment from an impressive array of human services and humanitarian pursuits. We are honored by their affiliation with us and grateful for the expertise they bring as volunteer leaders to our work.

Jane Pauley, Co-Chair Muhammad Yunus, Ph.D., Co-Chair Journalist. Recipient, Humanitas Award, multiple Emmy awards and Managing Director and Founder, Grameen Bank. Edward R. Murrow Award. Nobel Peace Prize Laureate 2006. Dan Wolfson, Managing Chair Iain MacDonald Executive Vice President and Chief Operating Officer, Director General, International Cooperative Alliance. American Board of Internal Medicine Foundation. Thelma Narayan, M.D. Ann Marie Almeida Coordinator, Community Health Cell, Society for Chief Executive Officer, Association of Women’s Business Centers. Community Health Awareness. Kathryn E. Brick Irene Natividad, Ph.D. Chief Financial Officer, U.S. Central Credit Union. President, Global Summit of Women and President, Globewomen, Inc. Susanne M. Campbell Andre-Jacques Neusy, M.D. Executive Director, Institute for Management, Innovation and Founder/Director, Center for Global Health. Co-founder, Institute for Urban Organization, University of California. and Global Health, New York University School of Medicine. Tom Campbell, Ph.D., J.D. Moisés Naím, Ph.D. Partner, Gibson, Dunn & Crutcher, LLP. Former Dean, Haas School of Editor and Publisher, Foreign Policy magazine. Former Minister of Trade and Business, University of California, Berkeley. Former U.S. Congressman. Industry, Venezuela. Armeane M. Choksi, Ph.D. Elizabeth Rindskopf Parker CEO, Rubicon Capital Investments. Former Vice President, The World Bank. Dean, McGeorge School of Law, University of the Pacific. Sam Daley-Harris Pedro A. Sanchez, Ph.D. President and Founder of RESULTS. Director, The Hunger Project, The Earth Institute. Director, Microcredit Summit Campaign. S. Prakash Sethi, Ph.D. William H. Foege, M.D. Founder & President, International Center for Corporate Accountability. Presidential Distinguished Professor of International Health, Rollins School of Harvey C. Sigelbaum, J.D. Public Health, Emory University. President, MultiPlan. Former Chief Executive Officer, Amalgamated Life Tor G. Gull Insurance Company. Managing Director, Oikocredit. Barry M. Smith Geeta Rao Gupta, Ph.D. Founder and former Chairman, CEO VistaCare, Inc. President, International Center for Research on Women. Hernando de Soto, Ph.D. George C. Halvorson President, Institute for Liberty & Democracy. Chief Executive Officer, Kaiser Foundation Health Plan and Charles E. Snyder Kaiser Foundation Hospitals. Chief Executive Officer, National Cooperative Bank. Marsha Hunt Jane Wales Hollywood Star. Social Activist. Founding Trustee of the Meals for Millions/ Chief Executive Officer, World Affairs Council of Northern California. Freedom from Hunger Foundation. Jonathan C. Lewis Elie Wiesel President, Wiesel Foundation for Humanity. Founder/Chair, MicroCredit Enterprises. Nobel Peace Prize Laureate 1986. Chief Executive Officer, Opportunity Collaboration.

To learn more about how our work during this fiscal year helped over 2.4 million women and their families walk the path toward health, dignity and self-reliance, click here.

14 In Africa, Asia and Latin America, Freedom from Hunger combines microfinance, education and health protection services so that more than 2.4 million women can feed their children, safeguard their health and earn more money for their families. Our 42 staff have trained and supported 112 partner organizations in 17 countries. Through collaboration, publications and partnerships, we are proving that integrating microfinance with other needed services can alleviate poverty, improve health and end hunger for good—one family at a time, millions of families in a year.

Freedom from Hunger 1644 Da Vinci Court Davis CA 95618 (530) 758-6200 [email protected]

www.freedomfromhunger.org