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Posts tagged ‘PBCFB’

16
Jul

Where does $1 to Palm Beach County Food Bank go?

A food bank is a a place where stocks of food, typically basic provisions and non-perishable items, are supplied free of charge to people in need.

The Palm Beach County Food Bank (PBCFB)  is dedicated to fighting hunger by collecting and distributing food to agencies in Palm Beach County, Florida that feed the hungry. For the year ending June 30, 2015, PBCFB distributed approximately 5 million pounds of food to 131 local agencies. With 34 employees, PBCFB spends approximately 15 cents of every dollar on functional expenses (net of depreciation and grants) distributing the 83 cents worth of food to feed the hungry. The remaining 2 cents was left unspent (in the fund balance which had $2 million at year-end). Read more »