The Canadian Foodgrains Bank has been named one of the Top 10 charities in Canada for social return on investment.
The list is created by Charity Intelligence Canada, a third-party independent organization that examines different charities annually and assigns ratings based on impact per dollar of donation.
On average, charities in Canada provide $2 in social benefit for every dollar received, the organization says, but high-impact charities like the Foodgrains Bank provide an average $6 in social benefit.
“It’s encouraging for us to have this public affirmation of the impact of the work we are doing through our members,” said Foodgrains Bank executive director Jim Cornelius.
“We have always been confident this work is reducing hunger in the world. Being included in this list gives our supporters additional confidence that their investments in the Foodgrains Bank are truly having an impact.”
The Foodgrains Bank is a partnership of 15 churches and church agencies working together to end global hunger. In its 2017-18 budget year, it provided more than $37 million of assistance for over 800,000 people in 34 countries.
Alberta is home to many of the organization’s growing projects, in which crops are grown and sold with the federal government matching the funds raised on a four-to-one basis.