Our independent grade based
on a number of factors.
on a number of factors.
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Ratings & Metrics
|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.
|2||John Coonrod||Executive VP||$182,000|
Name: Suzanne Frindt
Name: John Coonrod
Title: Executive VP
Name: Elizabeth North
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."