OVERVIEW: The Yum! Brands Foundation awards a large number of grants to a diverse set of national and local disease organizations.
IP TAKE: Even though Yum! Brands is a Fortune 500 company, grantseekers should not expect a large amount of money in the form of grants from its charitable arm. This foundation likes to spread modest grant awards over a large number of organizations, rather than the other way around.
PROFILE: Yum! Brands is the owner of the fast-food restaurant chains KFC, Taco Bell, and Pizza Hut. Appropriately, since Yum! is one of the largest restaurant companies in the world, its philanthropic arm, the Yum! Brands Foundation awards a good deal of grants toward alleviating hunger in the U.S. and around the world. Its main funding areas are Hunger Relief, Literacy, and Youth Education.
Yum! Brands does not have a specific interest in disease-related grantmaking, but it has a history of supporting national organizations, such as the American Cancer Society, American Lung Association, and the Cystic Fibrosis Foundation, to name a few. The Yum! Brands Foundation restricts its grantmaking to communities in which it has an operational, franchise partner, and employee presence. The foundation tends to award a large number of grants to an equally large number of organizations.
Yum! Brands’s grant amounts are rather modest, with most ranging from $5,000 to $10,000. The foundation awards grants to grassroots and local groups, as well as to local chapters of national organizations.
The Yum! Brands Foundation accepts unsolicited grant applications and letters of inquiry throughout the year. Applications are available on the foundation’s website.
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