EMAIL DETAILS

Sandy – per our conversation, attached is a breakdown of WFP USA grants over the last three years (indicating that over 99% of our grants are provided to WFP). An overview of our expenses is also included. A few points that you may want to note:

· We expect 2014 grants to WFP to exceed donations provided in 2013.

· The Board of Directors reviews/approves our annual budget. The Audit and Executive Committees regularly reviews expenditures and the overall budget status. These activities are consistent with the Board’s fiduciary duties.

· The “other operational expenses” line includes a range of costs: web/IT services, office supplies/equipment, content production (video/PSAs), legal/accounting, events/meetings, travel, direct mail, external audit, merchant fees, etc.

Please let me know if you have any questions or need additional information. Thanks again for all of your help.
All the best,
Rick


From: Tim Hawkins [mailto:thawkins@ltbd.com]
Sent: Wednesday, November 12, 2014 4:29 PM
To: Rick Leach; Jenn Johnson
Cc: Shannon Hiskey
Subject: RE: Docs

Here you go, this should be it.

Tim R. Hawkins, CPA
President

LTBD, PC
1577 Spring Hill Rd
Suite 260
Vienna, Virginia 22182
571.263.1344 mobile
703.738.6599 x202 office
703.738.9248 efax

www.ltbd.com<http://www.ltbd.com/>
tim.hawkins@ltbd.com<mailto:tim.hawkins@ltbd.com>