Inspire Brands Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581692997 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Inspire Brands Foundation Inc?

The Inspire Brands Foundation is a nonprofit organization based in Atlanta, Georgia, with a team of twelve individuals. Their primary focus lies in making significant contributions to support Boys & Girls Clubs of America (BGCA), an organization dedicated to helping young people reach their full potential. Through their funding, they back programs that emphasize character development and promote healthy lifestyles, in line with their mission to foster communities where all kids can prosper. The Inspire Brands Foundation operates under several identities: Arby's Foundation, Buffalo Wild Wings Foundation, Sonic Foundation, and Jimmy John's Foundation. Each division shares the common goal of igniting and nurturing change for good, concentrating on three core pillars: childhood hunger, youth leadership, and career readiness. The Arby's Foundation enables kids to dream confidently and pursue their dreams, while the Buffalo Wild Wings Foundation fuels the champions of the next generation. The Sonic Foundation sparks brighter futures for America's youth, and the Jimmy John's Foundation empowers the next generation to dream boldly and thrive.


Official website here: www.foundation.inspirebrands.com

What are the reviews and ratings of this charity?

Charity Navigator Rating 97%

Inspire Brands Foundation Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates that the foundation adheres to rigorous standards of financial management and transparency, with a perfect score in several areas, including its audit and oversight practices.

The organization demonstrates a commitment to governance, with a majority of its board members being independent, along with effective conflict of interest and whistleblower policies. Its financial health is also notable, showcasing a low liabilities to assets ratio and an impressive program expense ratio of over 84%, indicating that a significant portion of funds is directed toward its mission.

While the foundation has received exceptional marks across the board, it does have a noted area for improvement concerning loans to and from officers, where it scored 0 out of 5 points. Despite this, the overall financial health and transparency of Inspire Brands Foundation Inc position it as a reliable and responsible nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Inspire Brands Foundation Inc legitimate?

Inspire Brands Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inspire Brands Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $253,866
Professional Fundraising Fees: $0
Other Salaries and Wages: $998,012

For more financial information, click here


Official website here: www.foundation.inspirebrands.com

What is the mission statement of Inspire Brands Foundation Inc?

The Inspire Brands Foundation is dedicated to igniting and nourishing positive change through strategic national and community partnerships. This charitable organization focuses on three core areas: childhood hunger, youth leadership, and career readiness. The Arby's Foundation supports children in pursuing their dreams with confidence, while the Buffalo Wild Wings Foundation fuels the next generation's champions. The Sonic Foundation contributes to brighter futures for America's youth, and the Jimmy John's Foundation empowers the next generation to dream boldly and thrive.


Official website here: www.foundation.inspirebrands.com

Who is the CEO of Inspire Brands Foundation Inc?

Courtney Lowe is the Executive Director of Inspire Brands Foundation Inc.


Official website here: www.foundation.inspirebrands.com

What is the revenue of Inspire Brands Foundation Inc?

Inspire Brands Foundation Inc's revenue in 2022 was $12,653,183.


Official website here: www.foundation.inspirebrands.com

Who are the executives of Inspire Brands Foundation Inc and what are their salaries?

The average compensation at Inspire Brands Foundation Inc during 2022 was $104,323. There are 12 employees and 1093 volunteers at Inspire Brands Foundation Inc.


Here are 21 key members and their salaries:


Stuart Brown (Executive Director)
  • Compensation: $216,251
  • Related: $0
  • Other: $37,373
Ryan Van Sickle (Director Of Operations)
  • Compensation: $161,221
  • Related: $0
  • Other: $30,282
Emily Crawford (Director Of Impact)
  • Compensation: $151,462
  • Related: $0
  • Other: $16,768
Kristin Lutch (Accounting Manager)
  • Compensation: $118,960
  • Related: $0
  • Other: $8,759
Catherine Stranberg (Impact Manager)
  • Compensation: $106,901
  • Related: $0
  • Other: $14,840
Chris Fuller (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Held (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Tucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Tick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia San Pedro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James North (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Freeman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Baker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Bolling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Morgan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Ducre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danton Nolan (Vice Chairman/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Bremer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundation.inspirebrands.com

Where can I find the form 990 for Inspire Brands Foundation Inc?

Inspire Brands Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundation.inspirebrands.com

Learn more at the official website: www.foundation.inspirebrands.com

Mission Statement of Inspire Brands Foundation Inc

The Inspire Brands Foundation, a renowned nonprofit organization, is dedicated to igniting and nourishing positive change in communities across the country. With a focus on three core pillars - childhood hunger, youth leadership, and career readiness - the foundation brings together the resources of Arby's Foundation, Buffalo Wild Wings Foundation, Sonic Foundation, and Jimmy John's Foundation.

Inspire Brands Foundation aspires to help every kid pursue their dreams with confidence, believing that every child deserves the opportunity to reach their full potential. Through the Arby's Foundation, the organization supports initiatives that address childhood hunger, offering food and essential resources to ensure that children can learn and grow.

Empowering the next generation, the Buffalo Wild Wings Foundation fuels the champions of tomorrow. The foundation fosters leadership and development programs, providing opportunities for young people to acquire valuable skills and knowledge, enabling them to make a difference in their communities and beyond.

Furthermore, the Sonic Foundation sparks brighter futures for America's youth by investing in education, arts, and culture. By promoting access to resources and opportunities, the Sonic Foundation helps young people navigate their educational journeys, fostering a love for learning and setting them up for success.

Lastly, the Jimmy John's Foundation empowers the next generation to dream boldly and thrive. The foundation supports youth development programs and initiatives, providing resources and opportunities to help young people build the skills and confidence they need to succeed in their personal and professional lives.

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Impact




October, 2024

Inspire Brands Foundation Inc ignites and nourishes positive change through strategic partnerships focused on three core areas: childhood hunger, youth leadership, and career readiness. By providing critical funding to organizations like Boys & Girls Clubs of America (BGCA), the Foundation plays a vital role in supporting youth sports programs that foster character development and encourage healthy lifestyles. This aligns with its mission to create communities where all children can flourish, compete, and feel a sense of belonging.

Through its various brand foundations—Arbys, Buffalo Wild Wings, Sonic, and Jimmy John's—the Foundation emphasizes the importance of empowering young people to dream big and pursue their aspirations with confidence. Each brand plays a unique role in fueling the potential of the next generation, whether by sparking brighter futures, supporting leadership initiatives, or addressing the challenges of childhood hunger. By fostering these critical areas, Inspire Brands Foundation Inc makes a significant impact on the lives of youth and communities across the nation.




This information is meant to be a general summary of Inspire Brands Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,653,183 (2022)
Expenses
$11,511,452 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $104,340
  • Gross Receipts: $14,105,770

Assets and Liabilities:

  • Total Assets: $15,019,799
  • Total Liabilities: $1,283,746
  • Net Assets: $13,736,053

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Organization Details

Founding Year

1986

Principal Officer

Courtney Lowe

Main Address

Three Glenlake Parkway, Atlanta, GA, 30328

NTEE Category

Code: B82 - Education

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