EIN 33-0523542

Taco Bell Foundation

IRS 501(c) type
501(c)(3)
Num. employees
18
City
Year formed
1992
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Taco Bell Foundation invests in America’s youth, ages 16-24, and help them pursue their educational goals and career aspirations – no matter what their unique passion.
Total revenues
$35,242,008
2022
Total expenses
$18,923,210
2022
Total assets
$49,068,263
2022
Num. employees
18
2022

Program areas at Taco Bell Foundation

The live mas scholarship program is designed to help innovators and creators ages 16-24 pursue unique passions that may not necessarily fit into the traditional "academic or "athletic" scholarship categories. The application only requires submission of a two-minute video where applicants share what they love to do. The 2022 scholarship program awarded $9.1 million. The wide range of student passions include medicine, film, engineering, music and community service. In the first five years of the scholarship, the Taco Bell Foundation has already awarded $25.9 million in education support to nearly 2300 students, including Taco Bell employees. Students in the program have also been given access to opportunities beyond finances, through workshops to help develop personal and professional skills.
Taco Bell Foundation granted back to youth-serving organizations, including the boys and girls clubs of america, in and around communities where Taco Bell does business. Our local grants support programs and experiences that prepare young people for high school graduation and empowers them to channel their passions so they can go on to achieve their dreams through secondary education. Since 2013, the Taco Bell Foundation has granted nearly $62 million to approximately 350 boys and girls clubs across the country.

Grants made by Taco Bell Foundation

GranteeGrant descriptionAmount
Kaleidoscope Scholarship FundTo Provide Scholarships To Youth Through Corporate Philanthropy$8,050,000
Junior Achievement USA Health & Welfare Benefit Plan TrustTo Provide Support Services and Programs for Underprivileged Children, To Help Them Grow Up$962,011
City YearTo Provide Support Services and Programs for Underprivileged Children, To Help Them Grow Up$613,540
...and 9 more grants made

Who funds Taco Bell Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Yum Brands FoundationUnrestricted Contributions To 501(c)(3)$250,000
Schwab Charitable FundPublic, Societal Benefit$50,000
Global Charitable FoundationHelp Young People Explore Their Careers and Focus on Education, Career Readiness, and Scholarships$25,000
...and 5 more grants received

Personnel at Taco Bell Foundation

NameTitleCompensation
Morgan TaborSenior Manager - Chief of Staff$150,487
Jennifer BradburyExecutive Director / Senior Director$355,214
Amanda HorowitzAssociate Manager, Finance
Cari AndersonAssociate Manager - Accounting and Finance
Amber McMurrayAssociate Manager, Marketing and Communications
...and 12 more key personnel

Financials for Taco Bell Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$35,171,246
Program services$0
Investment income and dividends$218,081
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-147,319
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$35,242,008

Form 990s for Taco Bell Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-16990View PDF
2021-122022-10-26990View PDF
2020-122021-11-01990View PDF
2019-122021-02-24990View PDF
2018-122020-01-28990View PDF
...and 9 more Form 990s

Organizations like Taco Bell Foundation

OrganizationLocationRevenue
The Ford Family FoundationRoseburg, OR$33,550,834
Wisconsin Public Service FoundationGreen Bay, WI$10,136,381
The Clark FoundationNew York, NY$72,456,246
The IJ and Jeanne Wagner Charitable FoundationSalt Lake City, UT$9,276,229
The JPB FoundationNew York, NY$157,991,321
The McKnight FoundationMinneapolis, MN$165,036,445
The Childrens Scholarship Fund (CSF)New York, NY$25,015,263
Southwestern Medical FoundationDallas, TX$79,182,549
The Foundation for City CollegeNew York, NY$27,910,258
Sherman Fairchild FoundationChevy Chase, MD$58,536,264
Data update history
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $250,000 from Yum Brands Foundation
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from The Community Foundation of Greater Birmingham
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from Global Charitable Foundation
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCorporate foundationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsNational levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1 Glen Bell Way
Irvine, CA 92618
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Orange County, CA
Website URL
tacobellfoundation.org/ 
IRS details
EIN
33-0523542
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
086806
FTB Entity ID
1710340
AB 488 data last updated ("as-of") date
2024-11-20
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