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Food Bank For New York City Acquires FoodChange

Wednesday, September 5, 2007 General News J E 4
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NEW YORK, Sept. 4 Food Bank For New York Cityhas acquired FoodChange, Inc. The transaction will enable the Food Bank towork more effectively to meet the needs of the more than two million NewYorkers who are struggling to put food on the table and to advance the twoorganizations mutual mission to end hunger.

"The Food Bank For New York City has been steadily growing its programsand services, thus changing the definition of what it is to be a food bank,"said Lucy Cabrera, Ph.D., President and CEO of Food Bank For New York City."We are thrilled to be combining efforts with FoodChange to cohesively combatthe problem of hunger in New York. The coming together of our twoorganizations provides an excellent opportunity to broaden our services and tohelp an even larger population in need."

Through the provision of emergency food and education to its network ofmore than 1,000 member organizations, the Food Bank has singular access tolow-income city residents. FoodChange programs promote access to nutritiousfood and government nutrition and income support programs. Working togetherthe two organizations provide a unique opportunity to connect emergency foodprogram participants with a continuum of services. The Food Bank's expertisein research, policy and advocacy will steer these efforts to further theirlong-term goal of ensuring local and permanent access to affordable,nutritious food for all low-income New Yorkers.

Dr. Lucy Cabrera will be President and CEO of both organizations.

The Food Bank For New York City helps provide necessary food for more thanone million New Yorkers through our network of over 1,000 community foodprograms throughout the five boroughs, including soup kitchens, food pantries,shelters, senior centers and Kids Cafes. Those most in need include women andchildren, the elderly, people with disabilities and the working poor. We areNew York City's only food bank. The efficiency of our Food Bank model allowsfor 97 cents of every dollar donated to be used for food acquisition,distribution and programs. Charity Navigator -- the nations largestindependent charity evaluator -- gave the Food Bank For New York City itsthird consecutive highest four-star rating for excellence and efficiency inthe successful management of organizational finances. For more information,go to www.foodbanknyc.org

CONTACT: Carol Schneider (212) 566-7855, ext. 2231

SOURCE Food Bank For New York City
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