The Canadian Foodgrains Bank is celebrating its fifth consecutive year as one of Canada’s top 10 impact charities.
The designation comes as part of Charity Intelligence’s annual effort to rate charities for their efficacy. The independent third party looks at donor reporting, financial transparency, funding need, how much of the donations are used directly for the cause and demonstrated impact.
Foodgrains bank executive director Andy Harrington, in a media release, said being acknowledged five years in a row is an important recognition.
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“We’re humbled and appreciative at being included on this list,” he says. “As we enter our 40th year of operation, this award recognizes how we continue to work with integrity to help end world hunger.”
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Foodgrains bank has two main approaches in its work: delivering emergency food assistance for people in times of crises and disasters; and long-term support for families including agricultural training and improved nutrition.
In a separate release announcing the list, Greg Thomson, director of research at Charity Intelligence, said the list acknowledges that some charities create a lot of change with the dollars given to them, while others “have almost nothing to show” for the funds that donors grant them.
“These Top 10 have the highest measurable demonstrated impact,” he said. “Our calculations estimate this group of Top 10 Impact Charities delivers average returns of almost $7 for every $1 donated, compared with overall average charity returns of only $1 to $2.”
