Waffle House Foundation Inc logo

Waffle House Foundation Inc

NORCROSS, GA EIN: 58-1477023 Website

Waffle House Foundation Inc is a corporate foundation established in 1982 and headquartered in Norcross, Georgia. As a 501(c)(3) organization, the foundation is dedicated to returning to the community a portion of the goodwill received by the Waffle House brand. The foundation operates with a mission to improve the quality of life for people in the metro-Atlanta area and beyond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$199K

-10.0% YoY

Annual Giving

$322K

+26.1% YoY

Grant Count

39

+21.9% YoY

Avg Grant Size

$8K

+3.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary goal is to improve the quality of life for people in the metro-Atlanta region. Funding priorities include:

  • Education and educational programs
  • Health and human services
  • Youth and youth programs
  • Civic affairs and causes
  • Support for economically disadvantaged people
  • College scholarships for students in financial need

The foundation does not consider funding requests for capital campaigns, endowments, debt reduction, religious organizations for religious purposes, political candidates, charity balls, or golf outings.

Grantmaking

The foundation distributes grants to charitable organizations, with recent activity showing:

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on the metro-Atlanta area. However, grantmaking extends to multiple states including California, Florida, Georgia, Oklahoma, Pennsylvania, and Tennessee.

Grant Distribution by State

6states

Cities

AcworthAlpharettaAntiochAthensAtlantaBufordCantonCape CoralCarrolltonChambleeClarkstonCummingDecaturDuluthEast PointFairburnFayettevilleFlowery BranchFullertonGallatin

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (Ending May 2024):

  • Total Revenue: $299,529
  • Total Expenses: $321,600
  • Total Assets: $199,192
  • Total Liabilities: $0
  • Net Income: -$22,071

The foundation operates with no employees and is supported by contributions from the Waffle House organization.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$96K$192K$289K$385K2021202220232024
Metric202420232022
Total Assets$199,192$221,263$253,533
Revenue$299,529$222,811$349,819
Expenses$321,600$255,081$342,500
Qualifying Distributions$321,600$255,000$342,500
Net Investment Income
Distributable Amount$13,337

Giving Over Time

Total grant dollars and number of grants per year

$0$86K$171K$257K$343K19 grants202140 grants202232 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Across the Bridge Inc$20KFocused Community Strate…$20KAurora Day Camp$15KHands on Atlanta$15KJumpstart Automotive Tra…$15KCamp Twin Lakes$13KQuality Growth Institute$10KNeighborhood Cooperative…$10KNational Incarceration A…$10KFriends of Disabled Adul…$10K

Grant Size Distribution

130 grants across all recorded years

130<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Waffle House Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Marianne Hovey - Vice President
  • Asha Schein - President
  • Tracy Bradshaw - Vice President
  • Lindsay Westcott - Trustee

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASHA SCHEINPRESIDENT3
TRACY BRADSHAWVICE PRESIDENT2

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting metro-Atlanta communities. Recent news indicates the foundation has made significant donations, including an anonymous $1 million donation linked to Waffle House that benefited Avondale Estates. The foundation has also provided support to the Clarke County Sheriff's office.

Waffle House\u2013linked $1M donation surprises Avondale Estates | Avondale\

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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