WORLD FOOD PRIZE FOUNDATION
Mission Statement
The mission and philosophy of the World Food Prize Foundation is based on the following fundamental goals: a. confronting hunger in the world by recognizing and inspiring exceptional and innovative breakthrough achievements that increase the quality, quantity, and availability of food; b. conducting informational programs and conferences addressing the most important issues in global food security, nutritional health and development, and ecological fragility, particularly for the world's most vulnerable populations; c. holding educational programs and cultural events that create opportunities for high school students and inspire them to pursue careers in food, agriculture, and natural resource disciplines; d. operating the World Food Prize Hall of Laureates as an educational and cultural facility open free to the public with educational exhibits that will interest and inspire all who visit.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.2% | 91.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
96.8 mo | 61.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.0% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.0% | 90.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
2.6% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.3% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-2.5% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $7.0M | $7.2M | $57.9M | 85.2% | — |
| 2024 | $6.8M | $6.8M | $57.6M | 92.2% | — |
| 2023 | $4.6M | $6.6M | $57.9M | 83.5% | — |
| 2022 | $6.4M | $5.6M | $56.6M | 82.2% | — |
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