Meds & Food For Kids

By: David M. Foster, CFP®, CAP®

Hello listeners, and welcome to the 5th episode of the Gateway Giving Podcast. My guest today is Dr. Patricia Wolff, Founder and Senior Advisor for Meds & Food For Kids.

Haiti is the poorest nation in the western hemisphere. Over half of the population lives on less than $1 per day. Currently, 1 in 5 children in Haiti are malnourished, 1 in 10 are acutely malnourished and 1 in 14 will die before reaching the age of 5. For some context, in the United States, that figure is roughly 6.5/1000, which means that kids in Haiti die before their fifth birthday at more than 10 times the rate of kids in the U.S.

Meds & Food For Kids manufactures a peanut based Ready-to-Use Therapeutic Food that they call Medika Mamba, which means “Peanut Butter Medicine” in Haitian Creole. Since Dr. Wolff founded the organization in 2003, they have treated nearly half a million severely malnourished kids in Haiti and around the world, at a cost of roughly $69 per child, and it’s not hyperbole to suggest that many of those kids would have died if not for this intervention. They have managed to do all of this while also employing local Haitians, who would otherwise probably not have gainful employment, to produce their products.

The most recent Giving USA report indicated that only about 6% of our charitable dollars flowed directly to international organizations. I believe that Americans are missing a significant opportunity by not giving more of our charitable dollars to organizations that operate and serve populations outside our borders because, quite honestly, there is still so much low hanging fruit in many of these countries, and Haiti is no exception.

I learned a lot during my preparation for this interview, and I think you’ll get a lot out of hearing it. So, without further ado, here is my interview with Dr. Patricia Wolff!

Dr. Patricia Wolff and Meds & Food For Kids are not affiliated with nor endorsed by LPL Financial, Gateway Wealth Management, or Cornerstone Wealth Management.

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Hi, I'm David Foster! I am the host of this podcast, and I am also the founder of Gateway Wealth Management, LLC. I hope you found something valuable in what you just heard/read. If you'd like to read more about me, click here. If you'd like to read more about my firm, click here. Thank you for listening!

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