Subject: Re: Finance Materials for Executive Committee call
From: "Randy Russell" <[email-masked]>
To: "Rick Leach" <[email-masked]>
Cc: <[email-masked]>, "Bonnie Raquet" <[email-masked]>, <[email-masked]>, "Shannon Hiskey" <[email-masked]>, "Marianne Berner" <[email-masked]>, <[email-masked]>
Date: Sat, 6 Aug 2016 00:30:10 +0000

Hi Rick...thanks for sharing the information. I will review over the weekend and look forward to all of us visiting on Monday. Have a great weekend! Randy

Sent from my iPhone

On Aug 5, 2016, at 7:04 PM, Rick Leach <[email-masked]<mailto:[email-masked]>> wrote:

Dear Members of the Executive Committee,

In preparation for our call on Monday, attached are several documents that describe our current financial status and overall revenue projections.  As described within these documents:

*         Revenue:  During the first two quarters we generated a total of $8,154,662 against projected revenue of $8,306,792 ($152K short of goal).  We had projected to receive $4 million from Cargill in the second quarter but received $1 million.  It is likely that we will secure the remaining $3 million before the end of the year.

*         Expenses:  Expenses are tracking projections and we expect to end the year just under the approved budget.

I look forward to speaking with you.  Thanks again for your time and commitment.

All the best,
Rick

Richard Leach
President & CEO

World Food Program USA
1725 Eye Street NW, Suite 510
Washington, DC 20006
T 202.627.3737
F 202.530.1698
[email-masked]<mailto:[email-masked]>

<WFP USA Financials and Projections_Jan-Jun 2016.pdf