USAID began to work with the Michigan-based organization in 2002 with an initial grant of $500,000.
Under the Foods Resource Bank program, U.S. farmers, paired with urban churches and local agri-businesses, donate land, equipment, seeds and fertilizer to grow crops. The crop harvests are sold, with USAID matching the proceeds dollar for dollar. The dollar amounts are then used to fund food security programs in Africa and other starving countries.
“Our approach allows each person in our country to give a gift, whether land, equipment, labor, supplies or cash — all of which we use to finance self-help projects,” said Norm Braksick, volunteer executive director for the Foods Resource Bank, in a statement.
The Food Resource Bank consists of 15 faith-based organizations. Additional funding partners include the Kellogg Foundation and some private agri-business companies.
Currently the Foods Resource Bank is active in the Central African Republic, Congo, Gambia, Honduras, Kenya, Malawi, Nicaragua, Niger, North Korea, Serbia, Tanzania, Uganda and Zambia.
USAID funds this program through the Global Development Alliance, a recent initiative and business model to expand public-private alliances. Under this program, USAID works with 200 public-private alliances around the world.
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The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now