The Food Trust is located in Philadelphia, PA. The organization was established in 1993. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Food Trust employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Food Trust generated $9.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $8.9m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Food Trust has awarded 41 individual grants totaling $1,816,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENSURING EVERYONE HAS ACCESS TO AFFORDABLE NUTRITIOUS FOOD AND INFORMATION TO MAKE HEALTHY DECISIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUTRITION EDUCATION - THE FOOD TRUST (TFT) WORKS TO INCREASE ACCESS TO HEALTHY FOOD IN UNDERSERVED AREAS, ALONG WITH PROVIDING NUTRITION EDUCATION TO CHILDREN AND FAMILIES. THE FOOD TRUST'S TEAM OF EDUCATORS CONDUCTS THE SCHOOL NUTRITION EDUCATION PROGRAM IN NEARLY 40 ELEMENTARY SCHOOLS IN LOW-INCOME NEIGHBORHOODS OF PHILADELPHIA, NORRISTOWN AND READING, PA, AS WELL AS CAMDEN, NJ. THE PROGRAM'S GOAL IS TO ENGAGE AND COLLABORATE WITH SCHOOL COMMUNITIES TO SUPPORT THEIR VISION OF A HEALTHY ENVIRONMENT AND TO INCREASE ACCESS TO AFFORDABLE, FRESH FRUITS & VEGETABLES AT AN EXISTING COMMUNITY HUB.THE PROGRAM INCLUDES IN-CLASSROOM NUTRITION EDUCATION, SCHOOL FARM STANDS, ADULT/CAREGIVER COOKING WORKSHOPS, FINANCIAL INCENTIVE PROGRAMS, SCHOOL GARDENS, SCHOOL WELLNESS PROGRAMS, AND RESOURCES FOR TEACHERS, PARENTS AND STUDENTS.IN ADDITION, TFT PROVIDES ADAPTABLE, COMMUNITY-LEVEL NUTRITION EDUCATION AND FOOD ACCESS FOR ADULTS IN LOW-INCOME COMMUNITIES OF PHILADELPHIA, NORRISTOWN AND READING, PA, AS WELL AS CAMDEN, NJ. HELD IN CHURCHES, LIBRARIES, FOOD STORES, AND OTHER COMMUNITY SITES, THESE ADULT NUTRITION EDUCATION LESSONS AND WORKSHOPS INTRODUCE PARTICIPANTS TO NEW FRUITS AND VEGETABLES, TAUGHT THEM HOW TO PREPARE HEALTHY MEALS, AND PROVIDED EDUCATIONAL TOURS OF NEARBY SUPERMARKETS, FARMERS MARKETS, AND HEALTHY CORNER STORES TO TEACH THEM HOW TO PURCHASE NUTRITIOUS FOOD IN THEIR NEIGHBORHOODS ON A BUDGET.
FARMERS MARKET AND FOOD BUCKS PROGRAMS - TO INCREASE HEALTHY FOOD ACCESS IN SOUTHEASTERN PENNSYLVANIA, TFT WORKS IN COLLABORATION WITH LOCAL FARMERS, COMMUNITY ORGANIZATIONS, SCHOOLS AND COMMUNITY MEMBERS TO OPERATE A NETWORK OF OVER 20 FARMERS MARKETS AND FARM STANDS IN UNDERSERVED COMMUNITIES ACROSS PHILADELPHIA. MANY OF THESE MARKETS ARE LOCATED IN LOWER INCOME NEIGHBORHOODS WITH LOW ACCESS TO HEALTHY, AFFORDABLE FOOD. THE FARMERS MARKET PROGRAM CONTINUED ITS OUTREACH EFFORTS TO PROMOTE THE CONSUMPTION OF FRESH FRUITS AND VEGETABLES BY PROVIDING ON-SITE NUTRITION EDUCATION AND COOKING DEMONSTRATIONS AT A NUMBER OF MARKETS IN UNDERSERVED COMMUNITIES IN PHILADELPHIA. TFT ALSO CONTINUED ITS FOOD BUCKS PROGRAM, A COUPON INCENTIVE PROGRAM THAT PROVIDES MARKET CUSTOMERS WITH A $2 COUPON FOR FREE FRUITS AND VEGETABLES EACH TIME THEY SPEND $5 AT THE MARKET USING THEIR SNAP (FOOD STAMP) BENEFITS. BASED ON THE SUCCESS OF THE FOOD BUCKS COUPON PROGRAM, TFT CONTINUED EXPANDING ITS HEALTHY FOOD INCENTIVE WORK ACROSS PENNSYLVANIA AND CAMDEN, NEW JERSEY, TO MAKE HEALTHY FOOD MORE AFFORDABLE FOR PEOPLE USING SNAP BENEFITS. FOOD BUCKS ARE NOW ACCEPTED AT 10 SUPERMARKETS ACROSS IN PHILADELPHIA AND ONE IN PITTSBURGH. THE ORGANIZATION HAS ALSO CONTINUED TO IMPLEMENT FOOD BUCKS RX, A FRUIT AND VEGETABLE PRESCRIPTION PROGRAM TARGETING LOW-INCOME PEDIATRIC PATIENTS AND THEIR FAMILIES, IN PARTNERSHIP WITH COOPER UNIVERSITY HOSPITAL IN CAMDEN.
NATIONAL CAMPAIGN FOR HEALTHY FOOD ACCESS - THE NATIONAL CAMPAIGN FOR HEALTHY FOOD ACCESS WORKS ON A NUMBER OF PROJECTS TO IMPROVE NUTRITION, HEALTH AND COMMUNITY DEVELOPMENT IN UNDERSERVED AREAS ACROSS THE COUNTRY. THROUGH COLLABORATIONS WITH A VARIETY OF CROSS-SECTOR PARTNERS, THE CAMPAIGN IS WORKING TO STRENGTHEN FEDERAL NUTRITION PROGRAMS, SUCH AS SNAP, SNAP-ED AND HFFI. THE CAMPAIGN HAS WORKED AT THE LOCAL, STATE AND FEDERAL LEVEL ON HFFI, IN AN EFFORT TO ENCOURAGE HEALTHY FOOD RETAIL DEVELOPMENT AND EXPANSION IN COMMUNITIES ACROSS THE COUNTRY. THE NATIONAL CAMPAIGN HOSTS THE ANNUAL HEALTHY FOOD ACCESS CONVENING IN WASHINGTON TO FACILITATE A COMMUNITY OF PRACTICE AMONG ORGANIZATIONS WITH SIMILAR GOALS.BY CONVENING THE SNAP-ED STRATEGY GROUP, THE CAMPAIGN WORKED TO SUPPORT THE SNAP-ED PROGRAM AT THE FEDERAL LEVEL DURING THE RECENT PASSAGE OF THE FARM BILL. THE CAMPAIGN IS WORKING WITH BUSINESSES TO FOCUS MARKETING EFFORTS ON HEALTHIER CHOICES AND IS EXPANDING SNAP-INCENTIVE PROGRAMS THAT PROVIDE SUPPORT TO MAKE HEALTHIER FOOD MORE AFFORDABLE FOR THOSE ON FOOD STAMPS. THE CAMPAIGN ALSO PROMOTES THE HEALTHY FOOD ACCESS PORTAL SO ORGANIZATIONS AND BUSINESSES CAN SHARE SUCCESSES WITH ONE ANOTHER, AND PROVIDES RESOURCES AND TECHNICAL ASSISTANCE TO OTHER ORGANIZATIONS ACROSS THE COUNTRY WITH SHARED GOALS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Edwards President & CEO | OfficerTrustee | 40 | $182,225 |
Angel Rodriguez President | OfficerTrustee | 2 | $0 |
Deborah Cohen Vice President | OfficerTrustee | 2 | $0 |
Mary Kate Harkins Secretary | OfficerTrustee | 2 | $0 |
Sajan Philip Treasurer | OfficerTrustee | 2 | $0 |
Barbara Gold MD Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Your Part-time Controlller Accounting Services | 9/29/20 | $268,445 |
Menark Technologies It Services | 9/29/20 | $115,732 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $53,172 |
Related organizations | $0 |
Government grants | $6,890,948 |
All other contributions, gifts, grants, and similar amounts not included above | $2,145,691 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,089,811 |
Total Program Service Revenue | $328,912 |
Investment income | $21,144 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$19,482 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,424,879 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $926,330 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $409,382 |
Compensation of current officers, directors, key employees. | $409,382 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,679,270 |
Pension plan accruals and contributions | $28,218 |
Other employee benefits | $408,046 |
Payroll taxes | $307,367 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $131,368 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $608,734 |
Advertising and promotion | $10,776 |
Office expenses | $148,458 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $391,851 |
Travel | $83,708 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $50,021 |
Interest | $21,969 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $46,955 |
Insurance | $64,893 |
All other expenses | $157,618 |
Total functional expenses | $8,919,224 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,654 |
Savings and temporary cash investments | $388,347 |
Pledges and grants receivable | $2,630,875 |
Accounts receivable, net | $257,650 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $32,518 |
Net Land, buildings, and equipment | $308,382 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,437,740 |
Total assets | $6,156,166 |
Accounts payable and accrued expenses | $1,090,558 |
Grants payable | $0 |
Deferred revenue | $601,175 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $340,492 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,336,713 |
Total liabilities | $4,368,938 |
Net assets without donor restrictions | $723,367 |
Net assets with donor restrictions | $1,063,861 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,156,166 |
Over the last fiscal year, The Food Trust has awarded $921,650 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
ABREU MINI MARKET PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $35,000 |
ALETTA'S FARM MARKET PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $40,000 |
AVA FARM PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $40,000 |
BELMONT 33 LLC PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $35,000 |
BLESSING FOOD STORE PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $30,300 |
CHANDI SUPERMARKET PURPOSE: HEALTHY FOOD FINANCING GRANT TO RETAILER | $100,000 |