Heifer Foundation
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The Heifer Foundation manages the endowment of Heifer International, an organization dedicated to eradicating global poverty and hunger. Heifer Foundation was established by the board of Heifer International in 1990 to build an endowment to generate ongoing support for the work of Heifer International, to educate people on how planned charitable giving supports Heifer International's work and to serve as a fiduciary for our donors.
As of December 31, 2005, the Foundation's assets and commitments total almost $73.2 million, with an endowment of $32.9 million; $21.9 million in trust and annuity funds; and gift commitments totaling more than $17.8 million.
[edit] Awards and recognition
The Chronicle of Philanthropy’s 2004 Endowment Survey ranked the Heifer Foundation second out of 160 nonprofit organizations for “Return on Endowment Investments.” The survey also determined that the Heifer Foundation spent the least on operating expenses, relative to the size of its endowment.
