third rock ventures
TRANSCRIPT
![Page 1: Third Rock Ventures](https://reader034.vdocument.in/reader034/viewer/2022052508/559fe28e1a28ab072e8b46c4/html5/thumbnails/1.jpg)
Thank you Third Rock Ventures!
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You all have been great supporters for us, helping us sort food!
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You already know our work…
• 30,000,000 pounds of food
• 600 hunger-relief agencies in Eastern Mass
• Over 83,000 people per week
• Over 10,000 volunteers every year
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Today• 1 in 9 Massachusetts
residents has visited a food pantry, soup kitchen or homeless shelter.
• Increase in need at least 11%. Some agencies are reporting 45-50% increases in need.
• Unemployment and Beacon Hill budget crunch are lagging indicators of any recovery.
• We don’t see any lessening in emergency food assistance for at least a year.
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We will probably be OK in acquiring all the food we need:
-USDA
-Commonwealth’s assistance
-Food donations
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Questions so far?
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Third Rock Ventures
• You recognize strong organizations with potential
• You’ve invested your efforts in The Food Bank
• The Greater Boston Food Bank has an outstanding ROI
• You know how to seize opportunity
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Our biggest challenge
To finish the campaign that allowed us to both build the new facility and invest in the future
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Our Fighting Hunger Feeding HopeCampaign
By the numbers:
• $35 million goal
• $26 million in gifts and pledges
• We have a path to $7 million of the remaining$9 million
• We need to raise an additional $2 million by the end of next year