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WORLD VISION U.S.

2013 ANNUAL REVIEW

Dear Friend,

This past year we’ve witnessed once again that the support of generous people, combined with fervent prayer on behalf of those in need, makes a lasting difference for the children and families we serve.

In the face of ongoing global economic challenges, World Vision staff redoubled our commitment to prayer in 2013—asking God to equip us as we demonstrate His love by offering the full range of services needed to solve the complex problem of poverty, encompassing water, food, health, education, economic opportunities, and child protection.

And we’ve seen answers to those prayers. With the faithful support of World Vision partners, we’ve brought hope to sponsored children, responded to those affected by disasters like the typhoon in the Philippines and conflict in Syria, and partnered with communities to create real, sustainable change.

World Vision’s unique benefit is our full solution to poverty and injustice. This includes tangibles like clean water and nutritious food, essentials like HIV education and family skills training, and opportunities for spiritual nurture. As we partner with families and communities, we pray that they will experience life to the full.

With your help and God’s sustenance, we are committed to helping more children around the world. If you’d like to join us, please explore the opportunities in this brochure. If you’re already among our partners, thank you—on behalf of those you’ve helped—for your generous support.

God bless you,

Rich Stearns President, World Vision U.S.

Our vision for every child, life in all its fullness.

Our prayer for every heart, the will to make it so. —World Vision’s vision statement

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SAVING LIVES IN THE WAKE OF DISASTER

World Vision stands ready to protect children and families by

delivering critical assistance within 24 to 72 hours of a crisis. Our

46,000 staff in nearly 100 countries are committed to helping

communities rebuild. In 2013, World Vision:

» Responded to 88† humanitarian emergencies around the world,

including drought in Africa, the Oklahoma tornado, flooding in

Colorado, and the deadly typhoon in the Philippines

» Assisted nearly 11 million† disaster survivors, refugees, and internally

displaced people worldwide

» Used nearly $90 million in private donations and U.S. government

grants for disaster relief and rebuilding efforts

» Maintained $2.7 million† worth of relief goods, available for

immediate shipping

How we workTogether with our donors, we are:

Achievements made possible with the support of all World Vision donors around the world. Achievements not marked with this symbol were made possible with the support of World Vision donors in the U.S.

†

CREATING HOPE FOR TODAY—AND TOMORROW

World Vision is passionate about seeing every child break free

from poverty and reach his or her God-given potential. Our

more than 60 years of experience have shown that tackling

the causes of poverty holistically has the greatest long-term

impact for children and families. In 2013, World Vision:

» Helped transform the lives of nearly 4.3 million† children

registered in child sponsorship programs worldwide,

including the 1.2 million children who were supported by

761,559 caring sponsors in the U.S.

» Used $60 million in food grants and 89,600 metric tons of

food supplies (the equivalent of nearly 3,000 semi-truck

loads) to help nourish children and families in need

» Helped 845,230 children and adults in 10 African countries

gain access to clean water through our combined water,

sanitation, and hygiene efforts, including the drilling of

1,263 new wells

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» Disbursed more than $757 million in microloans to 930,305 hardworking

people in 36 countries—impacting more than 1.2 million jobs and

2.8 million children†

» Continued fighting malaria in countries around the world, including five

countries in Africa where U.S. donors have equipped us to distribute

more than 4.2 million life-saving bed nets and protect more than

7.5 million people since 2010

» Assisted 2.1 million children and adults in the United States with

access to basic necessities like warm clothing, personal care products,

and school supplies

WORKING WITH DIVERSE PARTNERS

World Vision offers its partners—individuals, churches, companies,

governments, and local and international organizations—powerful ways

to impact the lives of children in need. These multiple funding sources

allow us to leverage all sources efficiently and keep overhead low.

In 2013, World Vision:

» Joined with nearly 1.1 million individuals in the U.S. to help care for

the world’s poor

» Partnered with more than 12,000 U.S. churches to bridge the gap between their

communities and the world’s most impoverished areas

» Received nearly $179 million in grants of food and cash from the U.S. government

and other agencies

» Shipped more than 24,200 pallets of top-quality products including medicine, school

supplies, shoes, and clothing—all donated by corporations to benefit communities

in 40 countries (including the U.S.)

Achievements made possible with the support of all World Vision donors around the world. Achievements not marked with this symbol were made possible with the support of World Vision donors in the U.S.

†

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WHO WE ARE

World Vision is a Christian humanitarian

organization dedicated to working with

children, families, and their communities

worldwide to reach their full potential by

tackling the causes of poverty and injustice.

INDIVIDUALS | Share life with children in need

Sponsor a child : : Help one child reach their God-given potential while equipping an entire community to break free from the cycle of poverty. worldvision.org

Give life-changing gifts : : Browse the World Vision Gift Catalog for more than 100 gifts that have a lasting impact for children and families in need, with the option to honor a loved one. worldvisiongifts.org

Fund a loan : : Invest in the potential of hardworking entrepreneurs in developing countries by funding a small business loan through World Vision Micro. worldvisionmicro.org

Race for a reason : : Join Team World Vision, our marathon fundraising team, to achieve your fitness goals and help provide clean water for kids in Africa. team.worldvision.org

Use your voice for children : : Urge our country’s leaders to prioritize the needs of vulnerable children worldwide. worldvision.org/seekjustice

Donate through your workplace : : Multiply your donations at no cost to you by giving through your company’s matching gift program, or arrange to volunteer with coworkers. worldvision.org/employeegiving

WHO WE SERVE

World Vision provides hope and assistance

to communities in nearly 100 countries,

joining with local people to find lasting ways

to improve the lives of children and families

in need.

Assist in the U.S. : : Help children and youth in America’s most distressed areas reach their full potential. worldvision.org/usprograms

Make a planned gift : : Include World Vision in your will or consider other planned gifts to benefit your family and the world’s poor. worldvision.org/mylegacy

Help us reach 10 million people : : Make a significant gift to World Vision’s For Every Child campaign. wvcampaign.org

Share your time and talent : : Join a national team of volunteers helping to support World Vision programs and connect children with caring sponsors. worldvision.org/getinvolved

STUDENTS AND YOUTH LEADERS | Share hope as a team

Go hungry for a cause : : Do World Vision’s 30 Hour Famine and unite your group in loving God, fasting for 30 hours, and raising funds to benefit hungry kids in places like the Horn of Africa and Haiti. 30hourfamine.org

Act for justice : : Join other college students to connect faith and justice through creative activism as part of World Vision ACT:S. Work together to find unique channels to bring the world’s most challenging issues to life and mobilize our generation to act. wvacts.org

Get involved and make a difference

WHY WE SERVE

Motivated by our faith in Jesus Christ, we

serve alongside the poor and oppressed as

a demonstration of God’s unconditional love

for all people. World Vision serves all people,

regardless of religion, race, ethnicity, or gender.

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2013 WORLD VISION U.S. OFFICERS

2013 WORLD VISION U.S. BOARD OF DIRECTORS

Rich Stearns : : President

Larry Probus : : Chief Financial Officer and Sr. Vice President, Strategic Solutions

Joan Mussa : : Sr. Vice President, Mobilization

Julie Regnier : : Sr. Vice President, Human Resources

Chris Glynn : : Sr. Vice President, Transformational Engagement

Kent Hill : : Sr. Vice President, International Programs

James F. Beré Jr., Chair Chairman and CEO, Alta Resources

Rev. John Crosby Pastor, Christ Presbyterian Church

Lisa Trevino Cummins President, Urban Strategies

Gary Duim, Secretary/Treasurer Vice Chairman, U.S. Bancorp (retired)

Jacquelline Fuller Director of Giving, Google

Joyce Godwin Corporate governance consultant, healthcare management

Sandy Grubb Partner, Social Venture Partners Portland; author

Dr. Stephen A. Hayner President, Columbia Theological Seminary

Kevin Jenkins President, World Vision International

Katie Smith Milway Partner and Head of Knowledge, The Bridgespan Group; author

Paul Nelson Former President, ECFA; Former CFO, Focus on the Family

John Park Senior Product Manager, Google

Deborah Pegues Author and motivational speaker, The Pegues Group

Dr. Soong-Chan Rah Associate Professor, North Park Theological Seminary; urban church planter

Dr. Joan Singleton Vice President, Milton Hershey School

Horace E. Smith, M.D., Vice Chair Bishop, Apostolic Faith Church

Richard E. Stearns President, World Vision U.S.

Roland C. Warren President and CEO, Care Net

CHURCHES, COMPANIES, AND GROUPS | Share a better future

with the world

Engage your church : : Discover how your church can help children and families overcome poverty. Create unity as church members work side by side in service to others, revitalizing your community from the inside out. church.worldvision.org

Invest in corporate social responsibility : : Strengthen your business and change lives through product donations, financial support, and programs that engage your employees, customers, and communities. worldvision.org/corp

Assemble kits : : Host a hands-on event to provide kits for global disaster survivors and America’s homeless, volunteer health caregivers in developing countries, orphans and vulnerable children, or kids in need in the U.S. worldvision.org/kits

Host a virtual journey to Africa : : Bring Kisongo Trek to your community and experience an inspiring story of change. worldvisionexperience.org

“And whoever welcomes one such child in my name welcomes me.”

—Matthew 18:5 (NIV)

Click here to view the 2014 board.

World Vision’s objective for financial liquidity and reserves is to operate in a prudent range of stability, while recognizing the imperative of distributing maximum funds to mission as quickly as possible. World Vision U.S. remains financially strong, with sufficient liquid assets to discharge ongoing ministry commitments

and other obligations. Most of our short-term investments are held in liquid marketable securities. Our investment strategy for long-term assets (primarily pensions, donor advised funds, and endowments) would generally be considered a conservative one.

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international programs $745domestic programs (U.S.) 55public awareness and education 5

View our Consolidated Financial Statements online at worldvision.org/ar

» revenue sources (in millions) 2011 2012 2013private cash contributions $556 $567 $599public grants (food and cash) 199 175 179gifts-in-kind 291 259 196other income, net 12 18 8

total revenue $1,058 $1,019 $982

» operating expenses (in millions) 2011 2012 2013total program services $927 $902 $805fundraising 102 107 114management & general 50 53 52

total operating expenses $1,079 $1,062 $971» revenue and overhead trends (in millions)

Revenue from private cash donations, the most important measure of World Vision’s financial health, grew 6% in 2013 to $599 million. Importantly, donations to World Vision’s core child sponsorship program increased 5%, while major gifts from individual donors grew by more than 20%.

» overhead rate (percent of total revenue)

Fundraising, management, and general expenses (sometimes called overhead) rose 4% in 2013. Our overhead rate (overhead expenses as a percent of total revenue) increased from 15.7% to 17.0%. The increase is attributable to higher fundraising costs to acquire new sponsors, including the cost to develop several innovative new channels that we expect will boost the growth of sponsorship revenue in future years.

2013 FINANCIAL HIGHLIGHTS

» revenue sources » operating expenses

In 2013, 83 percent of World Vision’s total operating expenses were used for programs that benefit children, families, and communities in need.

61% private cash contributions 20% gifts-in-kind 18% public grants 1% other income, net

83% programs 12% fundraising 5% management & general

61%

1%18%

20%83%

12%5%

» program services (in millions)

total program services: $805

$8

$63 unrestricted $58 temporarily restricted $8 permanently restricted

» net assets (in millions)

total net assets: $129

11.4%14.5% 14.4% 15.7% 17.0%

2009 2010 2011 2012 2013

20%

10%

0%

$58

$63

2009 2010 2011 2012 2013$0

$800

$400

$200

$1000

$1200

$600

Total revenue

Total overhead (fundraising, management, and general)

$140 $151

$1,041

$160

$1,058$1,224

$152

$1,019 $982

$166