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Top Rated

Hunger Project

CharityWatch report issued
April 2019

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
83%
Program Percentage
Amount spent on programs
relative to overhead.
 
$11
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Hunger Project
110 West 30th Street
6th Floor
New York, NY 10001

Other Names

The Global Hunger Project
The Hunger Project
THP

Tax Status

501(c)3

Website

www.thp.org

Stated Mission

To end hunger and poverty by pioneering sustainable, grassroots, women-centered strategies and advocating for their widespread adoption in countries throughout the world.

View similar charities
Data based on Fiscal Year Ended 12/31/2017

Program Percentage: 83%

The percentage of Hunger Project's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$16,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $11

How many dollars Hunger Project spends on fundraising to raise each $100 of contributions.

$9,700,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
The Global Hunger Project & Affiliates Audited Consolidated Financial Statements Multiple
The Global Hunger Project IRS Form 990 94-2443282
Entity: The Global Hunger Project & Affiliates
Document Type: Audited Consolidated Financial Statements
Tax ID: Multiple
Entity: The Global Hunger Project
Document Type: IRS Form 990
Tax ID: 94-2443282

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Hunger Project
meets governance benchmarks.
 
Hunger Project
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Suzanne Frindt President/CEO $185,618
2 John Coonrod Executive VP $182,000
3 Elizabeth North COO $173,976
1
Name: Suzanne Frindt
Title: President/CEO
Compensation: $185,618
2
Name: John Coonrod
Title: Executive VP
Compensation: $182,000
3
Name: Elizabeth North
Title: COO
Compensation: $173,976

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
CharityWatch's rating of The Hunger Project (THP) is for the U.S. based public charity entity (tax ID #94-2443282). The rating does not include the financial activities of THP's "Partner Country entities," nor the financial activities of its affiliated entities in Africa, South Asia and Latin America.


According to The Global Hunger Project (THP) consolidated audit of December 31, 2017 (Note 1):

"Partner Country entities: Partner Country entities are organized and registered according to the laws of the countries in which they were formed. The financial position and activities of Partner Country entities, which are based in developed countries outside of the Untied States (e.g., THP-Australia, THP-Germany, THP-Netherlands, etc.) are not included in theses [audited] consolidated financial statements. ... These entities are not controlled by The Global Hunger Project: they have separate boards, and no funding is provided to them. However, there are charter agreements in place for the use of THP's name..."


The Independent Auditor's Report, dated February 27, 2019, issued in connection with the THP 2017 consolidated audit states:

"... We did not audit the financial statements of the Affiliates... All of those financial statements were audited by other auditors whose report has been furnished to us, some of which were audited by other auditors in accordance with International Standards of Accounting promulgated by the International Auditing and Assurance Standards Board..."
According to The Global Hunger Project (THP) consolidated audit of December 31, 2017 (Note 9, Commitment -- Retirement Contract):

"THP has a postretirement contract with the Founding President. Under the terms of this agreement, the Founding President will receive $100,000 per year in exchange for part-time services rendered. Payments shall continue until the earlier of death or failure to comply with the conditions of the agreement, specifically to not provide services as an employee, officer or director or participate in any fundraising activities for an entity with goals, objectives and methods similar to the THP."


Also according to the THP 2017 consolidated audit (Note 10, Life Insurance):

"THP has a life insurance policy on the Founding President. THP pays the premiums and is the sole beneficiary on the policy. Total face amount and cash surrender value of the policy at December 31, 2017 were $2,162,558 and $1,374,847, respectively."

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