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Nonprofiteer
← KENTUCKY FRIED CHICKEN FOUNDATION INC

Form 990 for tax year 2025

Filed by KENTUCKY FRIED CHICKEN FOUNDATION INC.

Totals

Total revenue
$5,842,535
Total expenses
$7,495,986
Contributions and grants received
$5,456,504
Grants paid
$5,575,006
Program service revenue
$0
Investment income
$335,746
Other revenue
$50,285
Total assets, end of year
$8,945,797
Total liabilities, end of year
$656,316
Net assets or fund balances, end of year
$8,289,481
Program services expenses (Part IX)
$7,229,463
Management and general expenses
$145,440
Fundraising expenses
$121,083
Program service expenses (Part III)
$7,229,463

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $9,500

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $5,447,004

  • 1g · Noncash contributions included above

    $103,887

  • 3 · Investment income

    total $168,728 · related or exempt $0 · unrelated business $0 · excluded $168,728

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,690,391 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $1,523,373 · other assets $0

  • 7c · Gain or loss

    securities $167,018 · other assets $0

  • 7d · Net gain or loss

    total $167,018 · related or exempt $0 · unrelated business $0 · excluded $167,018

  • 8a · Fundraising events: gross income

    $122,592

  • 8a · Fundraising events: contributions included on line 1c

    $9,500

  • 8b · Fundraising events: direct expenses

    $72,307

  • 8c · Net income from fundraising events

    total $50,285 · unrelated business $0 · excluded $50,285

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $635,000 · program services $635,000

  • 2 · Grants to domestic individuals

    total $4,940,006 · program services $4,940,006

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $166,100 · program services $83,049 · management and general $41,526 · fundraising $41,525

  • 7 · Other salaries and wages

    total $422,412 · program services $400,277 · management and general $22,135

  • 8 · Pension plan contributions

    total $22,739 · program services $21,312 · management and general $1,427

  • 9 · Other employee benefits

    total $53,258 · program services $50,462 · management and general $2,796

  • 10 · Payroll taxes

    total $38,997 · program services $32,377 · management and general $4,113 · fundraising $2,507

  • 11c · Fees: accounting

    total $25,615 · management and general $25,615

  • 11f · Fees: investment management

    total $32,662 · management and general $32,662

  • 11g · Fees: other

    total $98,200 · program services $98,200

  • 12 · Advertising and promotion

    total $226,624 · program services $226,624

  • 13 · Office expenses

    total $107,227 · program services $96,305 · management and general $5,694 · fundraising $5,228

  • 14 · Information technology

    total $5,692 · fundraising $5,692

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $64,389 · program services $64,389

  • 19 · Conferences, conventions and meetings

    total $9,927 · program services $4,004 · management and general $5,923

  • 23 · Insurance

    total $3,549 · management and general $3,549

  • 24a · Other expenses: ROUND UP EXPENSE

    total $349,825 · program services $349,825 · management and general $0 · fundraising $0

  • 24b · Other expenses: HIGH SCHOOL EQUIVALENCY

    total $119,030 · program services $119,030 · management and general $0 · fundraising $0

  • 24c · Other expenses: MENTORING AND CAREER COACHING

    total $88,422 · program services $88,422 · management and general $0 · fundraising $0

  • 24d · Other expenses: OTHER PROGRAMMING

    total $86,312 · program services $20,181 · management and general $0 · fundraising $66,131

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $66,013 · end of year $1,000

  • 2 · Savings and temporary cash investments

    beginning of year $2,432,246 · end of year $1,246,448

  • 3 · Pledges and grants receivable

    beginning of year $2,618,871 · end of year $2,321,111

  • 4 · Accounts receivable

    beginning of year $48,421 · end of year $40,449

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,708 · end of year $7,307

  • 10c · Land, buildings and equipment, net

    beginning of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,834,689 · end of year $5,329,482

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $371,050 · end of year $628,550

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $28,985 · end of year $27,766

  • 20 · Tax-exempt bond liabilities

    beginning of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $9,595,197 · end of year $8,275,765

  • 28 · Net assets with donor restrictions

    beginning of year $18,716 · end of year $13,716

Mission and programs · 2025

Mission

The KFC Foundation fulfills its mission through programs that provide scholarships and educational support, hardship assistance during times of crisis, personal development opportunities, and investments that strengthen local communities.

Activities or mission (Part I)

The KFC Foundation supports, empowers, and serves joy to KFC restaurant employees and communities through education accessibility, financial and crisis assistance, personal development, and community giving programs that create meaningful opportunities and lasting impact.

  • Scholarship Program: This program provides KFC U.S. restaurant employees with the opportunity to apply for scholarships of up to $20,000 to support their educational dreams at the accredited two-year or four-year college, trade school, or graduate program of their choice. Team members may reapply annually and can receive scholarship funding multiple times throughout their educational journey. In 2025, the program awarded scholarships to 338 recipients and provided tuition assistance to 211 students attending Western Governors University.

    Expenses $6,059,862 · Grants $4,539,785

  • Hardship Assistance Program: 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 eliminate the added stress that often accompanies it. In 2025, the program provided relief for 151 team members.

    Expenses $340,221 · Grants $340,221

  • Kentucky Fried Wishes: KFC restaurant employees can nominate their local 501(c)(3) non-profit organization for a $10,000 capacity building grant from the KFC Foundation. In 2025, the KFC Foundation granted 60 Kentucky Fried Wishes grants.

    Expenses $635,000 · Grants $635,000

  • Hardship Assistance Program: 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 eliminate the added stress that often accompanies it. In 2025, the program provided relief for 151 team members. Savings Match Program: This financial wellness program supports KFC U.S. restaurant employees in building savings habits and improving financial stability. Participants contribute weekly and are matched by the KFC Foundation after a six-month savings period. The program encourages positive financial behaviors, reduces financial stress, and helps employees build emergency savings through education and incentive-based support. Mental Health Program: This program provides KFC U.S. restaurant employees with access to confidential, online counseling through BetterHelp. Eligible team members and their dependents receive six therapy sessions with licensed providers for personal and work-related challenges. In 2025, the program provided access to mental health services for 55 team members, resulting in 165 therapy sessions being utilized.

    Expenses $194,380 · Grants $60,000

As filed on the 2025 return.

Listed in Part VII

  • Emma Horn

    SECRETARY/EXECUTIVE DIRECTOR

    Total calculated
    $173,011
    From this org
    $145,120
    From related orgs
    $0
    Other
    $27,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,882
    Bonus
    $11,092
    Other
    $146
    Deferred
    $0
    Nontaxable benefits
    $27,891
    Filer's total
    $173,011

  • Matt Hansen

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Steve Orton

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Karen Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clinton Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chris Basinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Karen Sherman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Byrd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heather Becker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lana Swearingen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thuthuka Nxumalo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4
DEBBIE ROLLINS, ASSISTANT SECRETARY, RECEIVED A SEVERANCE PAYMENT OF $62,785.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
15 June 2026
IRS schema version
2025v4.0
Source object
202622439349301952

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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