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CHARITY REVIEW
Issued: January 2024 Expires: January 2026

Heifer Project International

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(855) 948-6437
One World Avenue
Little Rock, AR, 72202
https://heifer.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Heifer Project International meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to end hunger and poverty in partnership with the communities we serve."

Year, State Incorporated:
1953, AR

Also Known As:
Heifer International

Heifer Project International (HPI) operates in 21 countries across Africa, Asia, and the Americas and provides farmers with technical assistance and opportunities to strengthen skills, including finance and business management. Farmers receive inputs including livestock and seeds, support to improve the quality and quantity of the goods they produce, and connections to local and international markets to increase sales and incomes. HPI works across a range of value chains, including food crops, livestock, spices, and textiles.

For the year ended June 30, 2022, Heifer Project International's program expenses were:

Program services: $129,450,632

Total Program Expenses: $129,450,632

Chief Executive
Surita Sandosham, President and Chief Executive Officer

Compensation*
$481,499

Chair of the Board
Randi Hedin

Chair's Profession / Business Affiliation
Chief Operating Officer, GMP Proprietary Trading LLC

Board Size
16

Paid Staff Size
947

*2023 compensation, as reported by the charity, includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

 

Method(s) Used:
Direct mail appeals, Television, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Telemarketing, Foundation grants, Print advertisements, Corporate solicitation

HPI incurred joint costs of $10,646,365 for informational materials and activities that included fundraising materials. Of those costs, $5,876,895 was allocated to fundraising expenses and $4,769,470 was allocated to program expenses.

Fundraising costs were 22% of related contributions. (Related contributions, which totaled $166,988,753, 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 Heifer Project International's audited financial statements for the year ended June 30, 2022.

Source of Funds
Contributions $137,674,289
Federal government grants $1,610,157
Other grants $21,017,944
Educational programs $190,217
Promotional events and material sales, net $27,657
In-kind contributions $6,686,363
Other income $2,334,581
Change in interest in net assets of Heifer International Foundation $-10,281,969
Total Income $159,259,239

Programs: 74% Fundraising: 21% Administrative: 4%

Total Income $159,259,239
Total expenses: $174,284,937
  Program expenses $129,450,632
  Fundraising expenses $37,224,053
  Administrative expenses $7,610,252
  Other expenses $0
Income in Excess of Expenses $-15,025,698
Beginning Net Assets $287,215,366
Other Changes In Net Assets $-693,043
Ending Net Assets $271,496,625
Total Liabilities $28,729,408
Total Assets $300,226,033

Note 1: According to HPI's audited financial statements - consolidated- for the year ended June 30, 2022, the organization received in-kind contributions totaling $6,686,363 in the form of public service announcements ($6,642,079), supplies ($37,639), and agricultural items ($6,645).

Note 2: In the financial section above, "other changes in net assets" refers to a foreign currency translation adjustment.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance