Governance
Trust. Transparency. Leadership.
Meet our Board of Directors, read our annual reports and review our financial statements.
Board of Directors
Meet our experienced Board of Directors who are passionate about feeding hungry children across BC.
Community Impact Reports
We want you to know the impact of every dollar you give and invite you to explore our recent community impact reports.
HOW WE PUT YOUR GIFTS TO WORK
Financial Reports
Below you’ll find our most recent financial statements as well as some of the most frequently asked questions about our finances.
DIG INTO OUR FINANCIALS
Financial FAQs
Want to learn more about our financials? Explore our FAQ below to discover how we approach fiscal responsibility, transparency and sustainability.
- We believe it is possible for every child in BC to have enough food to eat.
- We believe that when we promise to provide food for a child, they can count on us for as long as they need us.
These two principles guide the use of every dollar we raise. It means that we manage every dollar with great care. We invest in the health of our organization so that good people stay with us for the long term and we have a stable organization that families can count on to be here for years to come. It means that we invest in fundraising and the care of our donors so that we can continually grow to reach more and more children. We make sure to speak for children that cannot speak for themselves, encouraging governments, large companies, and our communities to support the most vulnerable children. It means we must keep reserve funds on hand so that we can keep our promise to children to support them, as long as they need us, no matter what unexpected financial storms arise. We make sure that every dollar provides food security for children in our program today and helps us reach more children across BC every year.
We make sure every dollar helps to get food into the hands of BC’s most vulnerable children.
- 85% is directed to programs
- 10% is directed to fundraising
- 5% is directed to administration
* Based on our 2021/22 financial statements
Families, companies, foundations, and government have stepped up to help vulnerable children have enough to eat. We are grateful for all our generous supporters.
- 42% of our funding comes from grants;
- 57% of our funding comes from individuals and companies;
- 1% of our funding comes from other income sources.
* Based on our 2021/22 financial statements
Children in the Backpack Buddies program live in food-insecure families – they do not have enough food to eat and struggle with the devastating and lifelong impacts of hunger and nutritional deprivation. When Backpack Buddies steps in, we offer our promise that we will be there for them, providing a source of food every weekend that they can count on as long as they need us. Keeping this promise means establishing financial stability in our organization to weather financial fluctuations that could otherwise threaten our ability to support children counting on us.
Our goal is to hold a cash reserve equivalent to 12 months of the cost of food for our program and 6 months of operating expenses, ensuring that children in our program will not be affected by fluctuations in donations from month to month.
Today, there are nearly 160,000 children in BC who are going hungry. One day, we hope to be able help them all.