Burger King Foundation INC FY2020 filing

Tax-deductible

Miami, FL501(c)(3)Since 2005Human ServicesEIN 06-1765327

This page gets seen. Tell your story. Claim this org.

The Burger King Foundation believes in empowerment through education and lending a helping hand, when needed, thus allowing you to live life your way. To this end, we supply emergency relief to our employees and provide essential resources to help the students of today and the scholars of tomorrow discover their full potential.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $807K a year · 10% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 9.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $230K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$333K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.2M
Spent
$6.6M
To programs
92%
Net assets
$31.4M
By yearFY2020–FY2025
Revenue
$7.2M
FY2020
Revenue by fiscal year
FY2020$7.2M
FY2021$7.1M
FY2022$6.7M
FY2023$8.7M
FY2024$9.4M
FY2025$10.3M
Expenses
$6.6M
FY2020
Expenses by fiscal year
FY2020$6.6M
FY2021$6.3M
FY2022$6.8M
FY2023$6.5M
FY2024$9.5M
FY2025$9.1M
Net assets
$31.4M
FY2020
Net assets by fiscal year
FY2020$31.4M
FY2021$33.9M
FY2022$29.3M
FY2023$34.3M
FY2024$36.1M
FY2025$41.6M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $6.0M Management & general 5% · $353K Fundraising 3% · $190K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Katie Lewis’s $215K as Executive Di is at the 92nd percentile of top reported officer pay among 3868 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Burger King Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering individuals with education and emergency relief to create brighter futures.

Provided by the organization

This section is blank until Burger King Foundation INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $6.0M of program spending, described in the organization's own filed words · FY2020.
01

The burger king foundation provides access to education and emergency relief in 40 countries focusing on scholarships, learning infrastructure, equality building programs and employee emergency relief grants. In 2020 we awarded $4 million in scholarships in north america.

$6.0Mprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$230K
See all 3 funders →
Grants paid · 26 grants · $22.0M · 2022–2025
Scholarship America INCMN · FY2025$3,792,814
Kids in Need FoundationMN · FY2025$1,645,970
Unitemized GrantFY2025$793,585
Foundation for New Education InitatFL · FY2025$15,500
Branches INCFL · FY2025$10,126
Breakthrough Miami INCFL · FY2025$6,178
Scholarship America INCMN · FY2024$4,235,261
Unitemized GrantFY2024$1,407,312
Kids in Need FoundationFY2024$1,131,500
Scholarship America INCMN · FY2023$3,193,651
Unitemized GrantFY2023$607,140
Room to ReadCA · FY2023$150,000
See all 26 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.2M
Ln 12
Gifts and grantsLn 1h$5.5M
Other incomeLn 4–11$1.1M
Investment incomeLn 3$651K
Money outPt IX
$6.6M
Ln 25
Programscol B$6.0M
Managementcol C$353K
Fundraisingcol D$190K
Owns and owesPt X
$31.4M
net assets · Ln 32
Cash and savingsLn 1–2$4.9M
Total assetsLn 16$31.7M
LiabilitiesLn 26$333K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.5M
Noncash giftsLn 1g$282K
Fundraising eventsLn 1c$4.2M
Investment incomeLn 3$651K
Other incomeLn 4–11$1.1M
Gains on assetsLn 7$3K
Total revenueLn 12$7.2M
Assets in detailPt X, end of year
CashLn 1$4.9M
Cash and savings togetherLn 1–2$4.9M
InvestmentsLn 11–13$24.4M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$31.7M
LiabilitiesLn 26$333K
Net assetsLn 32$31.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5.7M$4.9M
InvestmentsLn 11–13$20.6M$24.4M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$27.9M$31.7M
LiabilitiesLn 26$160K$333K
Net assetsLn 32$27.7M$31.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.4M$4.4M
Grants to domestic individualsLn 2$264K$264K
Grants and assistance to foreign recipientsLn 3$486K$486K
Other salaries and wagesLn 7$500K$175K$150K$175K
Legal feesLn 11b$15K$14K$1K
Investment management feesLn 11f$112K$47K$65K
Other fees for servicesLn 11g$91K$990$90K
Advertising and promotionLn 12$6K$3K$3K
Office expensesLn 13$201K$196K$5K
TravelLn 17$979$489$98$392
Conferences, conventions and meetingsLn 19$3K$1K$2K
Other expenses (24a–d)Ln 24$430K$400K$20K$11K
All other expensesLn 24e$25K$3K$17K$4K
Total functional expensesLn 25$6.6M$6.0M$353K$190K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.3M$9.1M$1.3M$41.6M 990 PDF
FY2024 $9.4M$9.5M−$23K$36.1M 990 PDF
FY2023 $8.7M$6.5M$2.2M$34.3M 990 PDF
FY2022 $6.7M$6.8M−$180K$29.3M 990 PDF
FY2021 $7.1M$6.3M$863K$33.9M 990 PDF
FY2020 Viewing $7.2M$6.6M$688K$31.4M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $7,238,168 across 8 lines filed
VIII-1c Fundraising events$4,210,473
VIII-1f All other contributions, gifts and grants$1,276,486
VIII-1g Noncash contributions (included above)$281,994
VIII-1h Total contributions, gifts and grants$5,486,959
VIII-3 Investment incomeExcluded from tax $647,873$647,873
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,435$3,435
VIII-8 Net income from fundraising eventsExcluded from tax $1,099,901$1,099,901
VIII-12 Total revenueRelated to mission $3,435 · Unrelated business $0 · Excluded from tax $1,747,774$7,238,168
Part IX · Statement of functional expenses $6,550,571 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $4,415,985$4,415,985
IX-2 Grants to domestic individualsPrograms $263,771$263,771
IX-3 Grants and assistance to foreign recipientsPrograms $486,448$486,448
IX-7 Other salaries and wagesPrograms $175,159 · Management $150,136 · Fundraising $175,169$500,464
IX-11b Legal feesPrograms $13,762 · Management $1,190$14,952
IX-11f Investment management feesPrograms $46,791 · Management $64,969$111,760
IX-11g Other fees for servicesPrograms $990 · Management $89,904$90,894
IX-12 Advertising and promotionPrograms $3,200 · Management $2,515$5,715
IX-13 Office expensesPrograms $196,216 · Management $4,953$201,169
IX-17 TravelPrograms $489 · Management $98 · Fundraising $392$979
IX-19 Conferences, conventions and meetingsPrograms $1,046 · Management $2,440$3,486
IX-24 Other expenses (24a–d)Programs $400,113 · Management $19,555 · Fundraising $10,561$430,229
IX-24e All other expensesPrograms $3,157 · Management $17,255 · Fundraising $4,307$24,719
IX-25 Total functional expensesPrograms $6,007,127 · Management $353,015 · Fundraising $190,429$6,550,571
Part X · Balance sheet $31,735,393 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $5,735,882$4,906,612
X-4 Accounts receivableStart of year $1,452,777$2,383,264
X-9 Prepaid expenses and deferred chargesStart of year $29,934$20,109
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $20,649,148$24,425,408
X-16 Total assetsStart of year $27,867,741$31,735,393
X-17 Accounts payable and accrued expensesStart of year $159,738$332,560
X-26 Total liabilitiesStart of year $159,738$332,560
X-27 Net assets without donor restrictionsStart of year $15,374,006$17,680,589
X-28 Net assets with donor restrictionsStart of year $12,333,997$13,722,244
X-32 Total net assets or fund balancesStart of year $27,708,003$31,402,833
X-33 Total liabilities and net assetsStart of year $27,867,741$31,735,393
Part XI · Reconciliation of net assets $31,402,833 net assets at year end
XI-1 Total revenue$7,238,168
XI-2 Total expenses$6,550,571
XI-3 Revenue less expenses$687,597
XI-4 Net assets at start of year$27,708,003
XI-5 Net unrealized gains (losses) on investments$3,007,252
XI-6 Donated services and use of facilities−$20
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$31,402,833

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.