Team Details

Banco de Alimentos Panama
University of Notre Dame
Banco de Alimentos Panama (BAP), founded in 2014, is the first and only food bank in Panama City, Panama. With two warehouses totaling 8,600 feet squared, it is able to connect food that would otherwise be wasted or destroyed to the 500,000 Panamanians living in extreme poverty. BAP follows a proven operating model. It picks up food donations from the various companies and takes them to BAP’s warehouses where the product is inspected and classified. Then, packages are prepared for the beneficiary organizations, which pay an administrative fee (15% of the commercial value of the product) when they pick up their package. Companies choose to donate their product for three reasons. 1) To decrease their tax liability, as all donations are 100% tax deductible. 2) To save money by not having to destroy or throw away the noncommercial product. 3) To enhance their public image. Beneficiary organizations, on the other hand, greatly benefit by the food bank’s donations as they are only charged 15% of the commercial value of the food they get. The only two conditions beneficiary organizations have to comply with are: 1) They are forbidden from commercializing the product. 2) They are required to reinvest the 85% discount through expansion or improvement of their organization. Through this operating scheme, BAP has distributed over 400 tons of food to those in need since its inception. It is projected to break even and to have distributed over 7,000 tons by 2020. 
Enrique Marquez
Chemical and Biomolecular Eng
Maria Veronica Marquez
Chemical and Biomolecular Eng