Form 990 for tax year 2025
Filed by JOY IN CHILDHOOD FOUNDATION INC.
Totals
- Total revenue
- $14,166,123
- Total expenses
- $13,525,124
- Contributions and grants received
- $15,558,164
- Grants paid
- $10,198,247
- Program service revenue
- $0
- Investment income
- $327,361
- Other revenue
- -$1,719,402
- Total assets, end of year
- $11,607,120
- Total liabilities, end of year
- $3,950,325
- Net assets or fund balances, end of year
- $7,656,795
- Program services expenses (Part IX)
- $10,581,337
- Management and general expenses
- $860,461
- Fundraising expenses
- $2,083,326
- Program service expenses (Part III)
- $10,581,337
Program services were 78.2% 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.
-
1c · Fundraising events
$5,212,304
-
1f · All other contributions, gifts and grants
$10,345,860
-
1g · Noncash contributions included above
$121,845
-
3 · Investment income
total $327,361 · excluded $327,361
-
8a · Fundraising events: gross income
$565,613
-
8a · Fundraising events: contributions included on line 1c
$5,212,304
-
8b · Fundraising events: direct expenses
$2,297,195
-
8c · Net income from fundraising events
total -$1,731,582 · excluded -$1,731,582
-
9a · Gaming: gross income
$14,416
-
9b · Gaming: direct expenses
$2,236
-
9c · Net income from gaming
total $12,180 · excluded $12,180
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,198,247 · program services $10,198,247
-
11a · Fees: management
total $149,549 · management and general $149,549
-
11b · Fees: legal
total $35,319 · management and general $35,319
-
11c · Fees: accounting
total $31,390 · management and general $31,390
-
11g · Fees: other
total $903,148 · program services $350,221 · management and general $226,759 · fundraising $326,168
-
12 · Advertising and promotion
total $229,622 · program services $7,100 · management and general $179,061 · fundraising $43,461
-
13 · Office expenses
total $181,979 · management and general $53,995 · fundraising $127,984
-
14 · Information technology
total $117,479 · program services $20,107 · management and general $77,671 · fundraising $19,701
-
17 · Travel
total $86,021 · management and general $60,190 · fundraising $25,831
-
19 · Conferences, conventions and meetings
total $225,563 · management and general $400 · fundraising $225,163
-
23 · Insurance
total $20,347 · management and general $20,347
-
24a · Other expenses: Branded merchandise
total $1,331,986 · program services $5,662 · management and general $25,780 · fundraising $1,300,544
-
24b · Other expenses: Award stewarship
total $14,474 · fundraising $14,474
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,032,710 · end of year $1,013,216
-
2 · Savings and temporary cash investments
beginning of year $2,955,337 · end of year $3,066,855
-
3 · Pledges and grants receivable
beginning of year $4,895,552 · end of year $7,409,226
-
9 · Prepaid expenses and deferred charges
beginning of year $107,594 · end of year $117,823
-
10a · Land, buildings and equipment: cost or other basis
$251,925
-
10b · Land, buildings and equipment: accumulated depreciation
$251,925
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $330,079 · end of year $1,140,041
-
18 · Grants payable
beginning of year $1,498,312 · end of year $2,810,284
-
19 · Deferred revenue
beginning of year $17,500 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $6,675,302 · end of year $7,363,795
-
28 · Net assets with donor restrictions
beginning of year $470,000 · end of year $293,000
Mission and programs · 2025
Mission
The Foundation is established to bring together a wide network of stakeholders, including Dunkin and Baskin-Robbins franchisees, suppliers, crew members, and employees, to engage in fundraising and grant making to charitable organizations that provide joy to sick and hungry kids. The Foundation is also established to more generally support those who serve in their communities in an effort to improve community strength and capacity.
Activities or mission (Part I)
To provide grants to charitable organizations that provide joy to sick and hungry kids.
-
The Foundation continued its grantmaking activities to ensure the basic needs of communities through hunger relief and children's health. For the period covered by this Form 990, the Foundation paid more than $10 million across over 300 organizations to provide relief to sick and hungry children and families.
Expenses $10,581,337 · Grants $10,198,247
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Justin Ackerman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Suzanne Andrade
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Baumgartner
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelly Fish
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jerid Grandinetti
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wendy Leveillee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Molly Mills
Director
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Novick
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dwar Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kajal Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Parth Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Raj Patel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Victor Carvalho
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Kristen Fitzpatrick
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Parag Patel
Clerk
- Total calculated
- $0
- Hours/week
- 5
-
Mollie Collum
Executive Director
- Total calculated
- $0
- Hours/week
- 25
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.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 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)
- Form 990, Part VII, Line 5:
- The Foundation does not directly employ or compensate any individuals, employees, officers, or directors. However, the Foundation does receive management and staffing services from employees of an unrelated organization (per definition in the IRS instructions), Dunkin' Brands/Inspire Brands, including several individuals listed in Form 990, Part VII. Some of these individuals are compensated by Inspire Brands, Inc. for services rendered to the Foundation. Those services are measured at the cost recognized by Inspire Brands Group, Inc. for the personnel providing those services, which the Foundation then reimburses Inspire Brands Group for. In 2025, the Foundation paid Inspire Brands Group $926,708 for such services. As Inspire Brands Group is assisting the Foundation with certain managerial and operating service, this Form 990, Part VI, Line 3 has been answered "Yes." However, it is not possible for the Foundation to bifurcate or assign what amount of this total cost was due specifically for managerial, directorial, or official purposes. Accordingly, the Foundation has disclosed the entire amount on this Form 990, Schedule J and Schedule O, for transparency purposes.
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
-
$1,000,000
Support Sick and Hungry Kids
-
Children's Hospital Corporation
$370,000
Support Sick and Hungry Kids
-
$222,500
Support Sick and Hungry Kids
-
$200,000
Support Sick and Hungry Kids
-
Support Sick and Hungry Kids
-
Support Sick and Hungry Kids
-
Support Sick and Hungry Kids
-
$160,000
Support Sick and Hungry Kids
-
Board of Trustees of the University of Illinois
$150,000
Support Sick and Hungry Kids
-
Support Sick and Hungry Kids
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 30 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602129349300710
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