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Washington, D.C. · Nonprofit

Bread for the World Institute

Bread for the World Institute (Washington, D.C.) receives grants from 117 organizations whose IRS filings report $17,194,289 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,552,095). 72 of them have funded it in more than one year.

Revenue FY2025
$8.4M
Funders on record
117
Grants received
$17M
Net assets
$16M
72/117 repeat funderspeak grant-dependency 45%
01What it does

What Bread for the World Institute does

Mission

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

As stated on its FY2025 Form 990.

Programs

  1. 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…

    $1,163,887 spentof which $10,000 as grants$7,151 earned by the program
    19% of program spending
  2. 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.

    $969,631 spent
    16% of program spending
  3. 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…

    $4,062,224 spent
    66% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $6,195,742.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.8M) Expenses 100 ($7.8M) Net assets 100 ($11M)2018 Revenue 159 ($7.6M) Expenses 94 ($7.3M) Net assets 99 ($11M)2019 Revenue 138 ($6.6M) Expenses 106 ($8.2M) Net assets 88 ($9.7M)2020 Revenue 122 ($5.9M) Expenses 96 ($7.4M) Net assets 77 ($8.4M)2021 Revenue 123 ($5.9M) Expenses 84 ($6.5M) Net assets 76 ($8.3M)2022 Revenue 136 ($6.6M) Expenses 84 ($6.6M) Net assets 65 ($7.2M)2023 Revenue 139 ($6.7M) Expenses 86 ($6.7M) Net assets 66 ($7.2M)2024 Revenue 291 ($14M) Expenses 90 ($7.0M) Net assets 130 ($14M)2025 Revenue 175 ($8.4M) Expenses 91 ($7.1M) Net assets 143 ($16M)
'17'18'19'20'21'22'23'24'25
Revenue (175)Expenses (91)Net assets (143)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $16M to $22M (+37%).

$12M
$12M
$12M
$11M
$11M
$14M
$16M
$22M
$22M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

85% of Bread for the World Institute’s revenue is contributions — about as donation-reliant as the typical peer (97% for the typical peer).

This organization
Typical peer · 1,680 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$3.0M
’17
$359k
’18
−$1.6M
’19
−$1.5M
’20
−$602k
’21
−$262
’22
−$16k
’23
$7.0M
’24
$1.4M
’25
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Eugene Cho

President/CEO

Board chair

Jeremy Everett

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed535252534643414342
Joined·+11+10+9+7+9+7+12+6
No longer listed·1210814129107
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 25 funders to 51 funders, grant income rose $816k → $2.7M.

34 of 117 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Bread for the World Institute’s funders (the co-funder graph). Top 30 of 117 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Bread for the World Institute has a broad base — no single funder exceeds 15% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

49% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Bread for the World Institute.

15%
largest funder
39%
top three
~14
effective funders

Largest funder’s share by year: 2017 22% · 2018 59% · 2019 44% · 2020 23% · 2021 26% · 2022 19% · 2023 17% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of Bread for the World Institute's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Bread for the World Institute draws 93% of its grant income from funders outside Washington, D.C., across 23 states in all.

WA
MN
IL
WI
MI
NY
IN
OH
PA
NJ
CT
RI
CA
UT
CO
MO
MD
NC
DC
AL
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $8.2M arriving through sponsors registered in 21 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Bread for the World Institute runs a healthier operating margin than half of the 798 international nonprofits its size.

Operating margin16% · above the median
Months of reserve5.2mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 798 international nonprofits $1M–$10M, FY2025

Organizations like Bread for the World Institute

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 6%Fundraising 6%

Governance

36
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

77%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Bread for the World Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Bread for the World Institute: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Bread for the World Institute?
Bread for the World Institute (Washington, D.C.) receives grants from 117 organizations whose IRS filings report $17,194,289 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,552,095). 72 of them have funded it in more than one year.
How many funders does Bread for the World Institute have?
IRS filings report 117 organizations giving $17,194,289 in grants to Bread for the World Institute, 72 of which have funded it in more than one year.
Who is the largest funder of Bread for the World Institute?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,552,095 in grants. The full list of funders is on this page.
How can an organization like Bread for the World Institute find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 117 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing