Yum Brands Foundation Inc
Yum Brands Foundation Inc is a private, company-sponsored foundation established in 1998 and based in Louisville, Kentucky. The foundation serves as the charitable arm of Yum! Brands, the corporation behind major fast food chains including Kentucky Fried Chicken, Taco Bell, and Pizza Hut, which operates over 60,000 restaurants across 135 countries.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.1M
-25.4% YoY
Annual Giving
$11.9M
-2.4% YoY
Grant Count
56
+12.0% YoY
Avg Grant Size
$212K
-12.9% YoY
Under IRS private-foundation payout rules, Yum Brands Foundation Inc reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports programs designed to eradicate hunger and hunger-related causes, as well as initiatives important to Yum! associates and partners in the areas of:
- Arts and culture
- Education
- Social services
- Diversity
The foundation's work aligns with Yum! Brands' Global Citizenship and Sustainability initiative, which identifies People, Food, and Planet as priority areas. Human services, disaster relief, and humanitarian aid represent significant grantmaking themes, particularly in response to people in need during times of crisis.
Grantmaking
Nonprofits may request matching grants by contacting the foundation's president directly. The foundation does not maintain formal grantmaking initiatives or competitive grant opportunities.
Average Grant
amount: $294,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking and engagements are global in scope. Primary geographic priorities include:
- Kentucky (where the corporation is based)
- Texas
- Maryland
- Florida
- Virginia
- Washington
- New York
Grantmaking reaches organizations across 18 states, with Florida, Kentucky, and Virginia accounting for 58% of all grants.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Income:
- Total assets (2024): $30,064,271
- Total assets (2023): $40.3 million
- Total assets (2022): $50.4 million
- Annual revenue (2024): $1,817,935
- Annual revenue (2023): $2.12 million
- Annual revenue (2022): $864,300
Expenses:
- Total expenses (2024): $12,044,746
- Total expenses (2023): $12.3 million
- Total expenses (2022): $12.5 million
Historical Asset Growth: Assets have grown from $16.2 million in 2011 to $40.3 million in 2023, though recent figures show some fluctuation.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,064,271 | $40,291,082 | $50,424,151 |
| Revenue | $1,817,935 | $2,123,031 | $864,312 |
| Expenses | $12,044,746 | $12,259,348 | $12,512,963 |
| Qualifying Distributions | $11,999,654 | $12,145,695 | $12,384,109 |
| Net Investment Income | $1,713,507 | $2,123,031 | $713,312 |
| Distributable Amount | $1,718,336 | $2,229,967 | $2,698,917 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emergency Assistance Foundation ($3,329,428), CAF America ($2,313,745), Local Initiatives Support Corporation ($1,499,999).
| Recipient | Purpose | Amount |
|---|---|---|
| Alex R Kennedy PTA Louisville, KY | Unrestricted Contribution to 501(c)3 | $1,000 |
| American Red Cross Washington, DC | Unrestricted Contributions to 501(C)(3) | $250,000 |
| American Online Giving Foundation Clearwater, FL | Unrestricted Contributions to 501(C)(3) | $239,424 |
| Arizona State University Tempe, AZ | Unrestricted Contributions to 501(C)(3) | $150,000 |
| CAF America Alexandria, VA | Unrestricted Contributions to 501(C)(3) | $2,313,745 |
| Cal Ripken Sr Foundation Baltimore, MD | Unrestricted Contributions to 501(c)3 | $5,000 |
| Champions Education Association Harlan, IA | Unrestricted Contributions to 501(c)3 | $114,000 |
| Community Partners of Dallas Dallas, TX | Unrestricted Contributions to 501(c)3 | $3,000 |
| Cornell University Ithaca, NY | Unrestricted Contributions to 501(c)3 | $10,000 |
| Cystic Fibrosis Foundation Bethesda, MD | Unrestricted Contributions to 501(c)3 | $500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel:
- Allyson Park: Director, Chief Executive Officer, Chair of Board (as of 2022)
- Jerilan Green: Chairperson and Chief Executive Officer (as of 2023)
- Amanda Bledsoe: Listed in personnel records
The foundation is governed by 10 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tracy Skeans | Director | — | — |
| Larry Derengue | Vice President & Secretary | — | — |
| David Gibbs | Director | — | — |
| Christopher Turner | Director | — | — |
| Andrea Whitney | Vice Chairperson & President | — | — |
| Amanda Bledsoe | Executive Director | — | — |
| Alyson Baynes | Treasurer | — | — |
| Scott Catlett | Director | — | — |
| Lori Hitch | Associate Treasurer | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in advancing equity and opportunity in communities worldwide. Recent grantmaking has focused on supporting organizations addressing hunger, disaster relief, and community development. The foundation has also supported educational initiatives, including scholarship programs such as the Yum! Scholars program in partnership with the University of Louisville Foundation, which aims to develop leadership, resilience, and community impact among participants.
Yum! Brands Awards Over $50 Million in Grants to Advance Equity and OpportunityFrequently Asked Questions
What does Yum Brands Foundation Inc fund?
The foundation supports programs designed to eradicate hunger and hunger-related causes, as well as initiatives important to Yum! associates and partners in the areas of: • Arts and culture • Education • Social services • Diversity The foundation's work aligns with Yum! Brands' Global Citizenship and Sustainability initiative, which identifies People, Food, and Planet as priority areas. Human services, disaster relief, and humanitarian aid represent significant grantmaking themes, particularly …
How do I apply for a grant from Yum Brands Foundation Inc?
**Grant Characteristics:** • Typical award range: $200 to $3,329,428 • Median grant amount: $50,000 • Average grant amount: $294,000 • Grants must be greater than $25 and directed to public charities **Recent Activity:** • 2024 total giving: $11,852,094 • 2023 total giving: $12.1 million • 2022 grantmaking activity was highest at $24.8 million distributed across 110 grants • Since 2020, the foundation has awarded 134 individual grants totaling $45,619,673 • Historical grantmaking: 239 grants to…
Where does Yum Brands Foundation Inc make grants?
The foundation's grantmaking and engagements are global in scope. Primary geographic priorities include: • Kentucky (where the corporation is based) • Texas • Maryland • Florida • Virginia • Washington • New York Grantmaking reaches organizations across 18 states, with Florida, Kentucky, and Virginia accounting for 58% of all grants.
What size grants does Yum Brands Foundation Inc award?
In 2024, Yum Brands Foundation Inc awarded 56 grants totaling $11.9M — an average of about $212K per grant, based on its IRS Form 990 filings.
How much is Yum Brands Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Yum Brands Foundation Inc reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Yum Brands Foundation Inc's EIN?
Yum Brands Foundation Inc's EIN (Employer Identification Number) is 61-1327140. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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