Burger King Foundation INC FY2023 filing

Tax-deductible

Miami, FL501(c)(3)Since 2005Human ServicesEIN 06-1765327Revenue $8.7M in FY2023

On file with the IRSburgerkingfoundation.org5707 Blue Lagoon Drive, 33126-2015 · Miami, FLTax-exempt since Feb 2006Publicly supported charity — 170(b)(1)(A)(vi)

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.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 13.9 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
$935K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.7M
+31% vs prior year
Spent
$6.5M
To programs
87%
Net assets
$34.3M
By yearFY2020–FY2025
Revenue
$8.7M
FY2023▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.2M
FY2021$7.1M
FY2022$6.7M
FY2023$8.7M
FY2024$9.4M
FY2025$10.3M
Expenses
$6.5M
FY2023▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.6M
FY2021$6.3M
FY2022$6.8M
FY2023$6.5M
FY2024$9.5M
FY2025$9.1M
Net assets
$34.3M
FY2023▲ +17%
Tap a bar for its year
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 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

87 cents of each dollar spent went to programs.

Program services 87% · $5.6M Management & general 8% · $497K Fundraising 5% · $344K

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. Claim this org to fix it.

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$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. Claim this org to fix it.

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.

Questions for Burger King Foundation INC

Tap to ask. Burger King Foundation INC sees how many people are interested.

Your first name shows with your question. Burger King Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $5.6M · in their own filed words · FY2023
01

The burger king foundation provides access to education and emergency relief focusing on scholarships and school supplies. In 2023, we awarded 3.4 million in scholarships in north america. In addition, we provided over 600,000 in emergency relief grants to burger king employees during times of hardships.

$5.6Mprogram expense

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 FY2023 990, line by line.

1The main four
Money inPt VIII
$8.7M
Ln 12
Gifts and grantsLn 1h$7.3M
Investment incomeLn 3$964K
Other incomeLn 4–11$432K
Money outPt IX
$6.5M
Ln 25
Programscol B$5.6M
Managementcol C$497K
Fundraisingcol D$344K
Owns and owesPt X
$34.3M
net assets · Ln 32
Cash and savingsLn 1–2$7.5M
Total assetsLn 16$35.3M
LiabilitiesLn 26$935K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.3M
Noncash giftsLn 1g$259K
Fundraising eventsLn 1c$6.0M
Investment incomeLn 3$964K
Other incomeLn 4–11$432K
Gains on assetsLn 7$4K
Total revenueLn 12$8.7M
Assets in detailPt X, end of year
CashLn 1$7.5M
Cash and savings togetherLn 1–2$7.5M
InvestmentsLn 11–13$26.8M
Total assetsLn 16$35.3M
LiabilitiesLn 26$935K
Net assetsLn 32$34.3M
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 FY23End FY23
Cash and savingsLn 1–2$5.6M$7.5M
InvestmentsLn 11–13$22.2M$26.8M
Total assetsLn 16$30.0M$35.3M
LiabilitiesLn 26$749K$935K
Net assetsLn 32$29.3M$34.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.5M$3.5M
Grants to domestic individualsLn 2$607K$607K
Grants and assistance to foreign recipientsLn 3$477K$477K
Other salaries and wagesLn 7$753K$264K$226K$264K
Legal feesLn 11b$6K$6K
Investment management feesLn 11f$98K$45K$52K
Other fees for servicesLn 11g$114K$69K$45K
Advertising and promotionLn 12$181K$76K$100K$5K
Office expensesLn 13$41K$27K$14K
Information technologyLn 14$25K$9K$7K$9K
TravelLn 17$23K$10K$12K
Other expenses (24a–d)Ln 24$574K$553K$21K
All other expensesLn 24e$18K$8K$9K
Total functional expensesLn 25$6.5M$5.6M$497K$344K

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 Viewing $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 $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 FY2023 990 (6 parts)
Part I · Summary $8,697,639 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,214,147$7,301,452
I-9 Program service revenue$0
I-10 Investment incomePrior year $740,659$963,758
I-11 Other revenuePrior year $699,553$432,429
I-12 Total revenuePrior year $6,654,359$8,697,639
I-13 Grants and similar amounts paidPrior year $4,965,568$4,631,366
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $782,697$753,042
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,086,274$1,079,904
I-18 Total expensesPrior year $6,834,539$6,464,312
I-19 Revenue less expensesPrior year −$180,180$2,233,327
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,697,639 across 8 lines filed
VIII-1c Fundraising events$6,040,490
VIII-1f All other contributions, gifts and grants$1,260,962
VIII-1g Noncash contributions (included above)$259,368
VIII-1h Total contributions, gifts and grants$7,301,452
VIII-3 Investment incomeExcluded from tax $960,213$960,213
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,545$3,545
VIII-8 Net income from fundraising events$432,429
VIII-12 Total revenueRelated to mission $3,545 · Excluded from tax $960,213$8,697,639
Part IX · Statement of functional expenses $6,464,312 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $3,547,406$3,547,406
IX-2 Grants to domestic individualsPrograms $607,140$607,140
IX-3 Grants and assistance to foreign recipientsPrograms $476,820$476,820
IX-7 Other salaries and wagesPrograms $263,565 · Management $225,912 · Fundraising $263,565$753,042
IX-11b Legal feesManagement $6,406$6,406
IX-11f Investment management feesPrograms $45,160 · Management $52,386$97,546
IX-11g Other fees for servicesManagement $69,278 · Fundraising $45,208$114,486
IX-12 Advertising and promotionPrograms $76,341 · Management $100,000 · Fundraising $5,020$181,361
IX-13 Office expensesPrograms $26,704 · Management $14,037$40,741
IX-14 Information technologyPrograms $8,740 · Management $7,491 · Fundraising $8,740$24,971
IX-17 TravelPrograms $10,433 · Fundraising $12,121$22,554
IX-24 Other expenses (24a–d)Programs $552,955 · Management $21,241$574,196
IX-24e All other expensesPrograms $8,339 · Fundraising $9,304$17,643
IX-25 Total functional expensesPrograms $5,623,603 · Management $496,751 · Fundraising $343,958$6,464,312
Part X · Balance sheet $35,279,413 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $5,575,749$7,510,367
X-4 Accounts receivableStart of year $2,266,307$902,043
X-9 Prepaid expenses and deferred chargesStart of year $22,849$24,184
X-11 Publicly traded securitiesStart of year $22,160,084$26,842,819
X-16 Total assetsStart of year $30,024,989$35,279,413
X-17 Accounts payable and accrued expensesStart of year $629,081$929,867
X-19 Deferred revenueStart of year $119,909$5,200
X-26 Total liabilitiesStart of year $748,990$935,067
X-27 Net assets without donor restrictionsStart of year $17,430,731$19,819,484
X-28 Net assets with donor restrictionsStart of year $11,845,268$14,524,862
X-32 Total net assets or fund balancesStart of year $29,275,999$34,344,346
X-33 Total liabilities and net assetsStart of year $30,024,989$35,279,413
Part XI · Reconciliation of net assets $34,344,346 net assets at year end
XI-1 Total revenue$8,697,639
XI-2 Total expenses$6,464,312
XI-3 Revenue less expenses$2,233,327
XI-4 Net assets at start of year$29,275,999
XI-5 Net unrealized gains (losses) on investments$2,835,020
XI-10 Net assets at end of year$34,344,346

Form 990 e-file (XML) FY2023 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

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.