EIN 61-1337601

KFC Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1998
Most recent tax filings
2023-12-01
Description
The KFC Foundation cares for KFC U.S. restaurant employees by providing charitable support through education, hardship assistance, and personal finance programs. The GED program offers eligible employees a pathway to achieving their dreams. The KFC Family Fund is a crisis assistance program available for those directly impacted by severe hardships or catastrophic incidents beyond their control. The Foundation's headquarters are located in Louisville, KY.
Also known as...
Kentucky Fried Chicken Foundation
Total revenues
$6,895,190
2023
Total expenses
$6,492,445
2023
Total assets
$10,603,378
2023
Num. employees
0
2023

Program areas at KFC Foundation

Scholarship program: this program helps employees at KFC u.s. Restaurants pursue their dreams of going to college. Employees of any age, any position, pursuing any degree can receive money to help them attend the accredited four-year or two-year college of their choice. The money can also be used at trade/ vocational schools and for graduate study. In 2023 this program provided 525 recipients with college scholarships.
Kentucky Fried wishes: KFC restaurant team members can nominate their local irc ยง 501(c)(3) non-profit organization for a $10,000 Kentucky Fried wishes grant to fund an actionalble project on its wish list. In 2023, the KFC Foundation granted one hundred (100) Kentucky Fried wishes grants.
KFC FAMILY FUND: THIS CRISIS ASSISTANCE PROGRAM IS AVAILABLE TO KFC U.S. RESTAURANT EMPLOYEES WHO HAVE BEEN DIRECTLY IMPACTED BY A SEVERE HARDSHIP, CRISIS, OR CATASTROPHIC INCIDENT THAT WAS BEYOND THEIR CONTROL. THE PURPOSE OF THE PROGRAM IS TO PROVIDE TEMPORARY, LIMITED FINANCIAL RELIEF. WHILE MONEY CAN'T ELIMINATE THE SORROW, IT CAN HOPEFULLY ELIMINATE SOME OF THE ADDED STRESS THAT OFTEN ACCOMPANIES IT. IN 2023, THE FAMILY FUND PROVIDED RELIEF TO 133 TEAM MEMBERS. SINCE THIS PROGRAM BEGAN IN DECEMBER 2015, IT HAS PROVIDED over $1,785,000 TO TEAM MEMBERS IN NEED.
Ged program: for KFC restaurant employees who did not graduate from high school, the ged program is a pathway to achieving their dreams. Every eligible KFC restaurant employee who seeks ged assistance is admitted into this free, all-inclusive program that provides unlimited access to ged preparation and testing. Offered in both english and spanish, the ged program includes a test pass guarantee and a personal ged advisor who is with the employee-student every step of the way. Participants without personal computers are also provided a laptop and internet access to ensure that they can study on their own and complete their ged. 66 participants earned their geds in 2023. Financial literacy: this program provides an online platform for KFC employees to use to grow their financial know-how, build a savings habit and boost their savings. The Foundation also offers a biannual savings match where each employee receives up to $260 in matched savings. In 2023, we awarded $133,640 in matched savings. Mental health support: we office a confidential crisis text line for free 24/7 text-based mental health support and crisis intervention for the KFC family.

Grants made by KFC Foundation

GranteeAmount
Arizona Autism United$10,000
Bingham Health Care Foundation$10,000
Birmingham Education Foundation$10,000
...and 94 more grants made totalling $970,000

Who funds KFC Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Yum Brands FoundationUnrestricted Contributions To 501(c)3$100,000
AmazonSmile FoundationGeneral Support$37

Personnel at KFC Foundation

NameTitleCompensation
Emma HornSecretary and Executive Director$141,463
Debra RollinsAssistant Secretary$76,070
Holly WinkelTreasurer$0
Justin StewartKFC Franchisee Board Chair / President / Director$0
Holly GoodePast Treasurer$0
...and 4 more key personnel

Financials for KFC Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,785,060
Program services$0
Investment income and dividends$142,249
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$53,362
Net income from fundraising events$-85,481
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,895,190

Form 990s for KFC Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-10990View PDF
2022-122023-10-10990View PDF
2021-122022-09-08990View PDF
2020-122021-08-09990View PDF
2019-122020-09-29990View PDF
...and 9 more Form 990s
Data update history
August 26, 2024
Posted financials
Added Form 990 for fiscal year 2021
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Yum Brands Foundation
December 2, 2023
Updated personnel
Identified 6 new personnel
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Received grants
Identified 1 new grant, including a grant for $5,568 from American Online Giving Foundation
Nonprofit Types
Grantmaking organizationsSchoolsFamily service centersCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1900 Colonel Sanders LN
Louisville, KY 40213
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
kfcfoundation.org/ย 
Phone
(502) 257-2476
IRS details
EIN
61-1337601
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
116812
FTB Entity ID
2805896
AB 488 data last updated ("as-of") date
2024-11-06
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