Bread for the World Institute

EIN: 510175510 501(c)(3) International Affairs

Washington, DC

Total Revenue
$8,438,465
Total Expenses
$7,063,536
Total Assets
$22,426,638
Net Assets
$15,653,234
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
DC
Principal Officer
Eugene Cho
Phone
2026399400
Tax Period
2025-01-01 to 2025-12-31

Bread for the World Institute, founded in 1982, is a community nonprofit in the International Affairs sector that reported $8.4M in total revenue in fiscal year 2025. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

To provide analysis and education on hunger issues in the United States and around the world.

Program Service Accomplishments

Program 1
Expenses: $1,163,887 Revenue: $7,151

Public Education:Bread for the World Institute educates our network about hunger and how to end it. The Institute informs Bread's current policy change agenda and advocacy with clear, evidence-based...

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Public Education:Bread for the World Institute educates our network about hunger and how to end it. The Institute informs Bread's current policy change agenda and advocacy with clear, evidence-based policy solutions that include relevant context and thoughtful analysis, and tracks emerging issues and trends related to ending hunger. (To be continued in Schedule O)Public Education:In 2025, The Institute organized numerous briefings and panel events to educate the public including: - Two Norman E. Borlaug International Dialogue World Food Prize events titled: - School Meals as an Engine for Economic Impact and Trade - Hunger Hotspots and the Humanitarian-Development Nexus- A Nutrition for Growth Summit event titled Hunger Hotspots Briefing on Child Nutrition and Migration in the DRC, Sudan, South Sudan, and Chad.- A Rural Advancement Foundation International (RAFI) conference event titled The Future of SNAP: What We Know, What We Don't, and What to Do.Bread Institute's monthly newsletter, "Institute Insights," featured a range of topics, including an overview of recent changes in U.S. nutrition policy, reducing food waste for a more effective food system, regenerative agriculture as a tool to improve global nutrition, and the impact of tax remittances on hunger.

Program 2
Expenses: $969,631

Outreach & Advocacy:Bread's bipartisan network includes 320,000 people and churches that are active in every congressional district. Our network engages digitally, in person, and through prayer to...

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Outreach & Advocacy:Bread's bipartisan network includes 320,000 people and churches that are active in every congressional district. Our network engages digitally, in person, and through prayer to achieve remarkable policy impact. (To be continued in Schedule O)Outreach and Advocacy:In June 2025, we hosted our annual June events in Washington, D.C. We held a Latino Consultation, Pan-African Convening, and Advocacy Summit to educate advocates about policies and programs that address hunger and poverty. The training sessions and presentations by renowned experts enhanced summit participants understanding of the issues, equipping them with the knowledge to advocate effectively for policies that address nutritional health in the U.S. and globally. The fostering of strategic and geographic connections at the summit strengthened the U.S. advocacy network to address global poverty. Focused gatherings increased the number of faith and community leaders from Pan-African/Black and Latino groups who are engaged in food insecurity advocacy.

Program 3
Expenses: $4,062,224

Public Policy:Solving a complex problem such as hunger requires a clear understanding of the impact of specific policies and how policies affect each other. Bread's Policy and Research Institute's...

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Public Policy:Solving a complex problem such as hunger requires a clear understanding of the impact of specific policies and how policies affect each other. Bread's Policy and Research Institute's (PRI) nonpartisan analysis and identification of action steps help strengthen Bread as a trusted voice. (To be continued in Schedule O)Public Policy:The Institute contributed to research and thought leadership through briefings, coalition meetings, webinars, blogs, and policy papers on a variety of hunger-related policy and programs that came through Congress. Here are a few highlights from 2025: In September, Bread published its Nourish Our Future Policy Roadmap, a comprehensive framework focused on ending child hunger in the United States and around the world. The roadmap outlines practical, evidence-based policy solutions to ensure all children have consistent access to nutritious food, with particular emphasis on strengthening federal nutrition programs, improving maternal and child health, and addressing the root causes of food insecurity. Grounded in research and informed by the lived experiences of families, it has served as a unifying guide for Bread's advocacy, helping to align partners and equip policymakers with a clear, actionable path to ensure every child can thrive.In April, the Institute hosted its inaugural Climate and Nutrition Symposium to learn about and identify solutions to hunger and climate challenges in the U.S. and abroad. Featuring expert panelists with backgrounds in agricultural research, rural development, humanitarian response, and foreign aid policy, the 3-day Symposium brought together nearly 100 participants from the humanitarian, research, hunger response, and private sector to learn about how more effective food systems, better climate finance, and strategic climate mobility policies can help end hunger during a climate crisis. The final day of the Symposium culminated in bringing attendees to congressional offices to provide education on how climate is a hunger issue.In November, Bread brought together faith leaders, advocates, policy experts, and community members gathered in Frankfort, KY for a daylong conference focused on addressing hunger and strengthening our shared commitment to ending food insecurity. The event highlighted both the challenges and opportunities facing Kentucky families, especially in light of the ongoing government shutdown and cuts to federal nutrition programs. Throughout the day, participants engaged in thoughtful workshops and discussions, built relationships, and identified concrete actions to ensure every Kentuckian has access to nutritious food.A delegation from Bread participated in the United Nations Climate Change Conference (COP30), where they hosted three events highlighting how well-designed school meal programs can stabilize local food systems, support smallholder farmers, and improve long-term child health. In addition to our Bread-organized panels, we co-hosted a side event titled "Faith-based Partnership Advancing the Paris Agreement in the United States with Global Solidarity." This gathering emphasized how faith-based organizations are advancing climate priorities at both local and international levels. Bread also convened a listening session with grassroots leaders to inform our climate priorities and future scope of work. These conversations reinforced the importance of ensuring that climate-smart food policies reflect the lived realities of communities most affected by climate disruption.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,187,102
Program Service Revenue $7,151
Investment Income $1,265,214
Other Revenue $-21,002
TOTAL REVENUE $8,438,465

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $4,520,277
Fundraising Expenses $439,881
Program Expenses $6,195,742
Other Expenses $2,425,861
TOTAL EXPENSES $7,063,536

Year-over-Year Comparison

2025 2024 Change
Revenue $8,438,465 $14,011,183 -0.4%
Expenses $7,063,536 $7,017,329 +0.0%
Net Income $1,374,929 $6,993,854 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
36
Independent Members
35
Employees
N/A
Volunteers
35

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$403,333
Total Directors
36
$403,333
Key Employees
1
$256,075
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeremy Everett Chair 1.00
Officer Director
$0 $0 $0
Mariam Mengistie Vice Chair 1.00
Officer Director
$0 $0 $0
James B Walker Secretary 1.00
Officer Director
$0 $0 $0
Kate Judge Treasurer 1.00
Officer Director
$0 $0 $0
Victor Adamo Director 1.00
Director
$0 $0 $0
David Austin Director 1.00
Director
$0 $0 $0
Heber Brown Director 1.00
Director
$0 $0 $0
Eddy Aleman Director 1.00
Director
$0 $0 $0
Jason Fileta Director 1.00
Director
$0 $0 $0
Frank Dew Director 1.00
Director
$0 $0 $0
Max Finberg Director 1.00
Director
$0 $0 $0
Adam Edgerly Director 1.00
Director
$0 $0 $0
Susan Henry-Crowe Director 1.00
Director
$0 $0 $0
Kate Howe Director 1.00
Director
$0 $0 $0
Sandra Joireman Director 1.00
Director
$0 $0 $0
Jeffrey Leath Director 1.00
Director
$0 $0 $0
Rebecca Middleton Director 1.00
Director
$0 $0 $0
David Miner Director 1.00
Director
$0 $0 $0
Beverly E Mitchell Director 1.00
Director
$0 $0 $0
Chang K Park Director 1.00
Director
$0 $0 $0
Jennifer Pelling Director 1.00
Director
$0 $0 $0
Stephen Reeves Director 1.00
Director
$0 $0 $0
Joyce Rothermel Director 1.00
Director
$0 $0 $0
Dave V Repko Director 1.00
Director
$0 $0 $0
Eric Roemer Director 1.00
Director
$0 $0 $0
Jeanette Salguero Director 1.00
Director
$0 $0 $0
Katie Sexton Wood Director 1.00
Director
$0 $0 $0
Grace Shim Director 1.00
Director
$0 $0 $0
Karen Smith Director 1.00
Director
$0 $0 $0
Lori Tapia Director 1.00
Director
$0 $0 $0
Karen Georgia A Thompson Director 1.00
Director
$0 $0 $0
Nikki Toyama-Szeto Director 1.00
Director
$0 $0 $0
Faustine Wabwire Director 1.00
Director
$0 $0 $0
Michael Wear Director 1.00
Director
$0 $0 $0
Fatima Yakubu-Madus Director 1.00
Director
$0 $0 $0
Eugene Cho President/CEO 20.50
Officer Director
$177,479 $78,677 $403,333
Heather Taylor Managing Director 17.00
Key Emp
$94,185 $48,850 $256,075
Matthew Gross Director 18.00
Highest
$74,186 $35,631 $189,416
Edward Kaufholz Director 22.00
Highest
$92,202 $36,415 $193,445
Abiola Afolayan Director 37.50
Highest
$155,769 $36,381 $192,150
Gail Smith-Gliss Controller 20.00
Highest
$70,701 $30,030 $161,887
LaTashia Satterfield Ogunlana VP of Finance & Admin 21.50
Highest
$64,769 $403 $123,634
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,438,465 $7,063,536 $22,426,638 $1,374,929
2024 $14,011,183 $7,017,329 $21,521,982 $6,993,854
2023 $6,681,781 $6,698,052 $15,707,266 $-16,271
2022 $6,566,360 $6,566,622 $13,827,198 $-262
2021 $5,911,070 $6,513,315 $10,771,776 $-602,245
2020 $5,880,720 $7,428,966 $11,457,837 $-1,548,246
2019 $6,641,776 $8,213,900 $11,911,082 $-1,572,124
2018 $7,647,735 $7,288,665 $11,800,329 $359,070
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