The USFF has multiple main purposes, as stated in its investment goal of “Humanitarianism Through Capitalism®”. The first purpose is humanitarian aid and is designed to help create an international network of food, water, shelter and power reserves, while reducing cost and improving efficiency of the support network. Other purposes include disaster response and insurance pooling.
USFF will utilize invested funds to purchase Relief Vaults: “Food Relief Vaults” (“FRV’s”), “Water Relief Vaults” (“WRV’s”), “Power Relief Vaults” (”PRV’s”), “Shelter Relief Vaults” (“SRV’s), and “Combination Relief Vaults” (“CRV’s”) where emergency food and supplies may be stored for many years (the food has a shelf-life of up to 25 years), while being able to provide these emergency supplies on very short notice, when and where needed. These insured relief vaults are stored at bonded secured warehouse facilities around the U.S. where links to transportation hubs are nearby.
Another purpose of the Fund is to act as a for-profit endeavor. Sales of volumes of emergency food and supplies to governments, municipalities, relief agencies and corporate sponsors should enable the Fund to achieve a target return of 12%-15% on an annualized basis.
“History has shown that a profit motive is an effective motivator for efficiency and cost effectiveness”, said Mills Rooks, a Managing Partner of Food Fund Advisors, LLC, the Manager of the USFF. “We hope to engage accredited investors and institutions, which can see the positive aspects of providing emergency and humanitarian aid, while earning a return on investment for this effort. And, we will offer our buyers the quantities of relief supplies needed with the quick response required for the need.”
The primary source of products purchased by the Fund is the Global Food Exchange, LLC (“GFE”) of which the Fund is a Distributor and Introducing Agent. The GFE is instrumental to the Fund in its effort to purchase large volumes of relief vaults as the Fund seeks to grow in size and geographic diversification. It is important to understand the relationship as a Distributor/Agent for the Global Food Exchange.
Additionally, the Global Food Exchange provides an online exchange intended to bring buyers and sellers of the relief vaults together, and is developing the “Global Emergency Response Network” (“GERN”). As the Fund is a Distributor and Introducing Agent of the GFE, this will allow it to purchase Relief Vaults at wholesale prices from GFE. It also allows the Fund access to the GFE electronic marketing platform. In order to fully understand the activities of the Global Food Exchange, LLC, see the GFE website at www.globalfoodexchange.org.
Food Fund Advisors, LLC, maintains its main office in Dawsonville, GA, with branch offices in Port Royal, SC, and Denver, CO.
Editing by Alex Akesson