Food Bank of Alaska
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Food Bank of Alaska meets the 20 Standards for Charity Accountability.
Stated Purpose:
To eliminate hunger in Alaska by obtaining and providing food to partner agencies feeding hungry people and through anti-hunger leadership. We believe that no one deserves to be hungry.
Year, State Incorporated:
1979, AK
Food Bank of Alaska fights hunger in Alaska in a unique way – by collecting food and distributing it to a network of over 300 charities feeding their hungry neighbors. From July 2020 to June 2021, the organization acquired and distributed 11million pounds of food. In addition, Food Bank of Alaska received federal commodities and purchased food in bulk. Then the organization distributed this food to local partners and to the rest of its statewide network by truck, barge, and plane.
Food Bank Alaska provides 100,000 meals to children every year and over 24,000 food boxes to improve nutrition for seniors. The Mobile Food Pantry takes 1.7 million pounds of food a year to nine Anchorage neighborhoods. Working with partners and an army of volunteers and supporters, Food Bank of Alaska distributes a turkey and groceries for a complete holiday meal to 10,000 families each November. Food Bank Alaska also advocates with policy makers for strong programs designed to make sure that children, families, and seniors in Alaska have enough to eat.
For the year ended June 30, 2021, Food Bank of Alaska's program expenses were:
| Program services | $24,880,966 |
| Total Program Expenses | $24,880,966 |
Chief Executive
Jim Baldwin, CEO
Chair of the Board
Ms. Milena Sevigny, Community Relations & Program Manager
Chair's Profession / Business Affiliation
TOTE Maritime Alaska
Board Size
16
Paid Staff Size
40
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.)
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 Food Bank of Alaska's audited financial statements for the year ended June 30, 2021.
Source of Funds
| Value of donated food | $16,316,530 |
| Contributions and grants | $10,655,280 |
| Government grants and contracts | $2,779,924 |
| Contributions - in kind | $2,451,670 |
| Gain on disposal of assets | $2,092,577 |
| Fees and services | $664,766 |
| Other revenue | $333,954 |
| Gaming proceeds | $62,130 |
| Interest and investments, net | $46,459 |
| Total Income | $35,403,290 |
Programs: 96% Fundraising: 1% Administrative: 3%
| Total Income | $35,403,290 |
| Total expenses: | $25,993,780 |
| Program expenses | $24,880,966 |
| Fundraising expenses | $328,606 |
| Administrative expenses | $784,208 |
| Other expenses | $0 |
| Income in Excess of Expenses | $9,409,510 |
| Beginning Net Assets | $8,787,421 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $18,196,931 |
| Total Liabilities | $568,880 |
| Total Assets | $18,765,811 |
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.
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Review in Progress
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Report completed by:
BBB Great West - Pacific