Pan American Development Foundation does not meet the following 4 Standards for Charity Accountability:
Standard 3 (Frequency and Attendance of Board Meetings)
An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.
PADF does not meet this Standard because:
- The board of directors held two meetings during the year ended September 30, 2020.
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
PADF does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization's performance and effectiveness and determining future actions required to achieve its mission.
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
PADF does not meet this Standard because:
- The organization has not completed an effectiveness assessment in the last two years.
Standard 19 (Cause Related Marketing)
Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).
PADF does not meet this Standard because, in the past year, the organization participated in promotions for the sale of consumer goods or services that indicated that the organization would benefit from these purchases. The promotions, however, did not specify:
- The actual or anticipated amount of the purchase price that would benefit the organization.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability:
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Pan American Development Foundation meets the remaining 13 Standards for Charity Accountability.
The Pan American Development Foundation (PADF) reports that it works with vulnerable populations across Latin America and the Caribbean to improve human development and human security. The organization engages community-based groups, non-governmental organizations, municipal governments, and the private sector in the process of implementing solutions for sustainable development. PADF states that its work is informed by global sustainable development goals in areas such as democracy, governance, human rights, disaster resilience, economic opportunities, education, environment, health and nutrition, and peace, justice, and security. In 2019, the organization reports that it helped over 2.5 million people improve their lives by investing development resources throughout Latin America and the Caribbean.
For the year ended September 30, 2019, Pan American Development Foundation's program expenses were:
| Economic opportunities, health, and nutrition education |
$24,135,884 |
| Democracy, governance, and human rights |
$22,487,211 |
| Environment and disaster resilience |
$6,304,005 |
| Peace, justice, and security |
$4,689,933 |
| Total Program Expenses: |
$57,617,033 |
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Chief Executive
Katherine Taylor, Executive Director
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Compensation*
$288,292
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Chair of the Board
Kathleen Barclay
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Chair's Profession / Business Affiliation
Past President, AACCLA, Asesor?as KCB, Ltda.
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Board Size
20
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Paid Staff Size
300
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Planned giving arrangements, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 1% of related contributions. (Related contributions, which totaled $64,072,566, are donations received as a result of fundraising activities.)
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.
The following information is based on Pan American Development Foundation's audited financial statements for the year ended September 30, 2019.
| Source of Funds |
| Grants and contributions |
$59,396,010 |
| Donated goods and supplies |
$4,676,556 |
| Shipping reimbursements and subsidies |
$68,875 |
| Other income |
$36,792 |
| Total Income |
$64,178,233 |
- Programs: 91%
- Administrative: 8%
- Fundraising: Less than 1%
| Total Income |
$64,178,233 |
| Program expenses |
$57,617,033 |
| Fundraising expenses |
$929,373 |
| Administrative expenses |
$5,211,305 |
| Other expenses |
$0 |
| Total expenses: |
$63,757,711 |
| Income in Excess of Expenses |
$420,522 |
| Beginning Net Assets |
$6,131,613 |
| Other Changes In Net Assets |
$168,798 |
| Ending Net Assets |
$6,720,933 |
| Total Liabilities |
$23,311,094 |
| Total Assets |
$30,032,027 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to a foreign currency translation gain.
Note 2: According to the organization's audited financial statements for the year ended September 30, 2019, PADF received in-kind contributions totaling $4,676,556 in the form of software and other equipment ($4,633,935) and malnutrition treatment supplies ($42,621).