Economics Paper

Funding for the Regional Food Bank of Oklahoma is derived from underground donations, make income, and government contracts. nonpublic financial support in society with special events income makes up 68% of the Food Banks revenue (Regional, 2011). The remainder 32% is pulled from the earned income of Food Bank. Private donations emanate from local foundations, corporations, churches, civic groups, and individuals (Regional, 2011). On the other hand, earned income for the Food Bank stems from handling fees, government contracts and program fees. cardinal part of the earned income is generated from government contracts (Regional, 2011). The Food Bank is contract with the Department of Human Services to distribute USDA Commodities as well as a three-year grant from DHS that supports Kids Café (Regional, 2011).
Unemployment, poverty, and nourishment hazard are on the rise, as the current economic conditions bug out to be weakening in Oklahoma. The average unemployment rate multiply itself since 2008 to 7.1 percent in 2010. On the other hand, poverty rank have also been trending upwards from 15.9 percent in 2008, 16.2 percent in 2009, 16.9 percent in 2010 (Capacity, 2011). Moreover, Oklahomas intellectual nourishment insecurity rate jumped to 16.



4 percent in 2010 as compared to the 14 percent in 2008, when it was leveled with the national average (Capacity, 2011). This food insecurity rate places Oklahoma as the 5th largest state in terms of having the most food insecure individuals.
The rising learn is placing the Food Bank in danger of meeting the ineluctably of agencies that have reported an increase in the need of food from 30 to 50 percent alone in the medieval year (Capacity, 2011). In incident, the Food Bank is only equal to(p) to meet the demands of 90,000 food insecure individuals in Oklahoma on a weekly basis (Capacity, 2011). The shortfall is indicative of the fact that the Food Bank must find additional sources of funding and maximizing revenues to meet the needs of food insecure...If you want to stick to a full essay, order it on our website: Orderessay



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