Form 990 for tax year 2025
Filed by BREAD FOR THE WORLD INSTITUTE INC.
Totals
- Total revenue
- $8,438,465
- Total expenses
- $7,063,536
- Contributions and grants received
- $7,187,102
- Grants paid
- $10,000
- Program service revenue
- $7,151
- Investment income
- $1,265,214
- Other revenue
- -$21,002
- Total assets, end of year
- $22,426,638
- Total liabilities, end of year
- $6,773,404
- Net assets or fund balances, end of year
- $15,653,234
- Program services expenses (Part IX)
- $6,195,742
- Management and general expenses
- $427,913
- Fundraising expenses
- $439,881
- Program service expenses (Part III)
- $6,195,742
Program services were 87.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$1,307,895
-
1c · Fundraising events
$42,255
-
1f · All other contributions, gifts and grants
$5,836,952
-
1g · Noncash contributions included above
$346,465
-
2a · Program service revenue: Honorarium
total $7,151 · related or exempt $7,151
-
3 · Investment income
total $382,001 · excluded $382,001
-
6a · Gross rents
real property $41,494
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $41,494
-
6d · Net rental income or loss
total $41,494 · excluded $41,494
-
7a · Gross sales of assets other than inventory
securities $3,853,714
-
7b · Less cost or other basis and sales expenses
securities $2,970,501
-
7c · Gain or loss
securities $883,213
-
7d · Net gain or loss
total $883,213 · excluded $883,213
-
8a · Fundraising events: gross income
$1,210
-
8a · Fundraising events: contributions included on line 1c
$42,255
-
8b · Fundraising events: direct expenses
$64,138
-
8c · Net income from fundraising events
total -$62,928 · excluded -$62,928
-
11a · Other revenue: Other income
total $432 · excluded $432
-
11e · Other revenue, total
$432
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
5 · Compensation of officers, directors and key employees
total $336,876 · program services $294,650 · management and general $19,925 · fundraising $22,301
-
7 · Other salaries and wages
total $3,125,478 · program services $2,847,834 · management and general $125,872 · fundraising $151,772
-
8 · Pension plan contributions
total $264,769 · program services $231,581 · management and general $15,660 · fundraising $17,528
-
9 · Other employee benefits
total $525,038 · program services $459,227 · management and general $31,054 · fundraising $34,757
-
10 · Payroll taxes
total $268,116 · program services $234,509 · management and general $15,858 · fundraising $17,749
-
11b · Fees: legal
total $9,859 · management and general $9,859
-
11c · Fees: accounting
total $23,008 · management and general $23,008
-
11e · Fees: professional fundraising services
total $107,398 · fundraising $107,398
-
11g · Fees: other
total $719,841 · program services $687,724 · management and general $26,384 · fundraising $5,733
-
13 · Office expenses
total $62,064 · program services $47,283 · management and general $12,071 · fundraising $2,710
-
14 · Information technology
total $59,330 · program services $47,174 · management and general $10,110 · fundraising $2,046
-
16 · Occupancy
total $475,546 · program services $384,967 · management and general $85,802 · fundraising $4,777
-
17 · Travel
total $258,401 · program services $250,568 · management and general $3,467 · fundraising $4,366
-
19 · Conferences, conventions and meetings
total $318,938 · program services $306,533 · management and general $2,696 · fundraising $9,709
-
20 · Interest
total $3,852 · program services $3,852
-
22 · Depreciation, depletion and amortization
total $62,194 · program services $43,981 · management and general $15,148 · fundraising $3,065
-
23 · Insurance
total $29,971 · management and general $29,971
-
24a · Other expenses: Other Expenses
total $180,025 · program services $168,174 · fundraising $11,851
-
24b · Other expenses: Membership services
total $125,320 · program services $84,019 · fundraising $41,301
-
24c · Other expenses: Printing and production
total $80,584 · program services $78,859 · management and general $27 · fundraising $1,698
-
24d · Other expenses: Staff developement
total $10,669 · program services $9,332 · management and general $631 · fundraising $706
-
24e · All other expenses
total $6,259 · program services $5,475 · management and general $370 · fundraising $414
-
26 · Joint costs (an allocation of the lines above)
total $215,181 · program services $118,667 · management and general $0 · fundraising $96,514
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,583,532 · end of year $2,192,825
-
2 · Savings and temporary cash investments
beginning of year $2,688,264 · end of year $890,937
-
3 · Pledges and grants receivable
beginning of year $6,492,003 · end of year $5,284,981
-
9 · Prepaid expenses and deferred charges
beginning of year $145,425 · end of year $107,858
-
10a · Land, buildings and equipment: cost or other basis
$424,486
-
10b · Land, buildings and equipment: accumulated depreciation
$249,836
-
10c · Land, buildings and equipment, net
beginning of year $236,844 · end of year $174,650
-
11 · Investments: publicly traded securities
beginning of year $7,027,846 · end of year $11,681,595
-
15 · Other assets
beginning of year $2,348,068 · end of year $2,093,792
-
17 · Accounts payable and accrued expenses
beginning of year $35,993 · end of year $8,119
-
24 · Unsecured notes and loans payable
beginning of year $497,381 · end of year $322,182
-
25 · Other liabilities
beginning of year $6,779,715 · end of year $6,443,103
-
27 · Net assets without donor restrictions
beginning of year $5,408,202 · end of year $6,339,961
-
28 · Net assets with donor restrictions
beginning of year $8,800,691 · end of year $9,313,273
Mission and programs · 2025
Mission
To provide analysis and education on hunger issues in the United States and around the world.
Activities or mission (Part I)
To provide analysis and education on hunger issues in the U.S. and around the world.
-
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.
Expenses $1,163,887 · Grants $10,000 · Revenue $7,151
-
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.
Expenses $969,631
-
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.
Expenses $4,062,224
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeremy Everett
Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mariam Mengistie
Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James B Walker
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kate Judge
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Victor Adamo
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David Austin
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Heber Brown
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Eddy Aleman
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jason Fileta
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Frank Dew
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Max Finberg
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam Edgerly
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Susan Henry-Crowe
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kate Howe
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sandra Joireman
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeffrey Leath
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rebecca Middleton
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David Miner
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Beverly E Mitchell
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Chang K Park
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jennifer Pelling
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Stephen Reeves
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joyce Rothermel
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dave V Repko
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Eric Roemer
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeanette Salguero
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Katie Sexton Wood
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Grace Shim
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Karen Smith
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lori Tapia
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Karen Georgia A Thompson
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nikki Toyama-Szeto
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Faustine Wabwire
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Michael Wear
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Fatima Yakubu-Madus
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Eugene Cho
President/CEO
- Total calculated
- $403,333
- From this org
- $177,479
- From related orgs
- $147,177
- Other
- $78,677
- Hours/week
- 20.5 + 17 related
Schedule J breakdown matched by us
- Base
- $177,479 + $147,177 related
- Bonus
- $0
- Other
- $0
- Deferred
- $21,860 + $18,128 related
- Nontaxable benefits
- $21,150 + $17,539 related
- Filer's total
- $220,489 + $182,844 related
-
Heather Taylor
Managing Director
- Total calculated
- $256,075
- From this org
- $94,185
- From related orgs
- $113,040
- Other
- $48,850
- Hours/week
- 17 + 20.5 related
Schedule J breakdown matched by us
- Base
- $94,185 + $113,040 related
- Bonus
- $0
- Other
- $0
- Deferred
- $11,289 + $13,549 related
- Nontaxable benefits
- $10,913 + $13,099 related
- Filer's total
- $116,387 + $139,688 related
-
Matthew Gross
Director
- Total calculated
- $189,416
- From this org
- $74,186
- From related orgs
- $79,599
- Other
- $35,631
- Hours/week
- 18 + 19.5 related
Schedule J breakdown matched by us
- Base
- $74,186 + $79,599 related
- Bonus
- $0
- Other
- $0
- Deferred
- $8,657 + $9,288 related
- Nontaxable benefits
- $8,532 + $9,154 related
- Filer's total
- $91,375 + $98,041 related
-
Edward Kaufholz
Director
- Total calculated
- $193,445
- From this org
- $92,202
- From related orgs
- $64,828
- Other
- $36,415
- Hours/week
- 22 + 15.5 related
Schedule J breakdown matched by us
- Base
- $92,202 + $64,828 related
- Bonus
- $0
- Other
- $0
- Deferred
- $10,783 + $7,581 related
- Nontaxable benefits
- $10,599 + $7,452 related
- Filer's total
- $113,584 + $79,861 related
-
Abiola Afolayan
Director
- Total calculated
- $192,150
- From this org
- $155,769
- From related orgs
- $0
- Other
- $36,381
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $155,769
- Bonus
- $0
- Other
- $0
- Deferred
- $18,201
- Nontaxable benefits
- $18,180
- Filer's total
- $192,150
-
Gail Smith-Gliss
Controller
- Total calculated
- $161,887
- From this org
- $70,701
- From related orgs
- $61,156
- Other
- $30,030
- Hours/week
- 20 + 17.5 related
Schedule J breakdown matched by us
- Base
- $70,701 + $61,156 related
- Bonus
- $0
- Other
- $0
- Deferred
- $8,105 + $7,011 related
- Nontaxable benefits
- $7,997 + $6,917 related
- Filer's total
- $86,803 + $75,084 related
-
LaTashia Satterfield Ogunlana
VP of Finance & Admin
- Total calculated
- $123,634
- From this org
- $64,769
- From related orgs
- $58,462
- Other
- $403
- Hours/week
- 21.5 + 16 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
General Support
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(4) · Advocacy · DC
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 17 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202601699349301500
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