Programs
Capital & Innovation for Food Waste Solutions
CAPITAL & INNOVATION PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S CAPITAL & INNOVATION DIVISION CONTINUED TO FUND AND UNLOCK ADDITIONAL OPPORTUNITIES FOR ADVANCING SOLUTIONS TO FOOD WASTE THROUGH THE CATALYTIC GRANT FUND. TO DATE THE FUND HAS UNLOCKED AT LEAST $30M IN FUNDING FOR ITS PORTFOLIO OF GRANTEES REPRESENTING A 15X IMPACT OF REFED'S INITIAL GRANT INVESTMENT. IN WORKING DIRECTLY WITH CAPITAL PROVIDERS AND THOSE SEEKING CAPITAL, REFED CURATED 17 CONNECTIONS LEADING TO FUNDING. MORE BROADLY, WE IDENTIFIED AND PROMOTED 132 FUNDING OPPORTUNITIES VALUED AT OVER $240M THROUGH DEAL FLOW REPORTS.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$2.5MData & Insights for Food Waste
DATA & INSIGHTS PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S INSIGHTS ENGINE HAS NOW REACHED OVER 195,000 UNIQUE VISITORS AND THE ORGANIZATION HAS DOCUMENTED NEARLY 3,000 MEANINGFUL USE CASES OF STAKEHOLDERS ENGAGING WITH AND APPLYING THE DATA AND INSIGHTS SHARED WITHIN. REFED ALSO MIGRATED ITS DATA COLLECTION CAPABILITIES TO A WEB-BASED APPLICATION IN ORDER TO STREAMLINE FOOD BUSINESS DATA REPORTING, ENHANCE SECURITY CAPABILITIES, AND INCREASE DATA PROCESSING EFFICIENCIES. REFED ALSO ADVANCED NEW RESEARCH TO ENHANCE OUR UNDERSTANDING OF FOOD WASTE AND RELATED SOLUTIONS IN METHANE EMISSION FACTORS, PRODUCTION LOSSES IN BEEF AND DAIRY, ENHANCED SOLUTION MODELING IN THE MANUFACTURING SECTOR, AND WHOLE SUPPLY CHAIN ANALYSES OF BEEF, YOGURT, POTATOES, STRAWBERRIES, PLUMS, AND BANANAS.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$2MU.S. Food Waste Pact Initiatives
BUSINESS INITIATIVES PROGRAM SERVICES ACCOMPLISHMENTS:REFED NOTABLY EXPANDED THE MEMBERSHIP AND ACTIVITIES OF THE U.S. FOOD WASTE PACT, A NATIONAL VOLUNTARY AGREEMENT DESIGNED TO HELP WASTE-GENERATING BUSINESSES ACROSS THE FOOD SYSTEM TO ACCELERATE PROGRESS TOWARD THEIR SUSTAINABILITY GOALS. MEMBERSHIP NOW INCLUDES FOOD BUSINESSES FROM RETAIL, FOOD SERVICE, MANUFACTURING, AND QSR SECTORS, INCLUDING REPRESENTING OVER 60% OF THE U.S. RETAIL MARKET SHARE AS MEASURED BY RETAIL SALES. REFED ALSO CONTINUED TO PROVIDE CLIENT-FACING SERVICES TO INDIVIDUAL FOOD BUSINESSES, HELPING TO ALIGN FOOD WASTE REDUCTION, SUSTAINABILITY, AND OPERATIONAL STRATEGIES. IN TOTAL, REFED ENGAGED 46 BUSINESSES ACROSS THE YEAR.GeographiesNot indicatedDatesJan 1, 2024 – Dec 31, 2024Source990No causes providedNo populations provided–$1.9M
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