This week we have Florida and the group in discussion is Food for the Poor. Some questions we have for this organization are:
Why did you take out a PPP loan for $4.59 million when the organization has over $38 million net assets?
Why is $380,000 going to pay family members of officers and board members?
Why is the $12 million spent on advertising and promoting?
Why was so much money given to countries in Central America and very little given to countries in Africa?
What type of pharmaceuticals does Pharmaceuticals GIK provide?
We reached out to the Food for the Poor in order to ask them about these alarming points we came across but they never responded for a comment.
In conclusion, Food for the Poor should give the money back just like Fortune 500 companies did, but with a twist. Half going back to the government and the other half going back to Building Blocks for Kids. TD Bank, National Association can give back any revenue made (penalty should double that amount) for creating this loan. Not sure what the government will do with their half, yet BBFK knows exactly what we will do with our portion.
Building Blocks for Kids would get a total amount of $2,250,000. Here is how that breakdown of that money will look like:
$30,000 towards our website.
$2,220,000 for 74 classrooms in Florida
Helping 74 teachers, over 2,000 students with financial literacy and career discovery education for a full year. To learn more about the BBFK: MORE Program visit: https://bbfkids.org/
Food for the Poor #doBetter and with this amount we can do #MOREtogether to truly help the youth in Florida, give our youth a better chance for financial freedom and a better place to live. #doMORE
If you believe in our program for high school and college students you can help out by donating at https://bbfkids.org/donate