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The World Food Prize Foundation was initially sponsored and formed by businessman and philanthropist John Ruan, Sr. with support from the Governor and State Legislature of Iowa. Mr. Ruan endowed The Prize and relocated it to Des Moines in 1990 when its first sponsor withdrew. Without Mr. Ruan's generosity, the Prize and Dr. Borlaug's vision could not have continued. Today, over 80 companies, foundations and individuals support the Foundation. In 2001 John Ruan's son, John Ruan III, succeeded his father as chairman of the Board of the Foundation. Barbara Stinson became President of the Foundation in January 2020. A distinguished international Council of Advisors provides guidance and support to the Foundation.