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FAT Brands Foundation Awards $325,000 to Local Non-Profits in 2024
FATFAT Brands(FAT) GlobeNewswire·2025-03-11 13:20

Core Insights - FAT Brands Foundation increased its charitable giving in 2024, awarding approximately 325,000to70localnonprofitsacross17statesandWashingtonD.C.[1]Thefoundationsgivingincreasedby36325,000 to 70 local non-profits across 17 states and Washington D.C. [1] - The foundation's giving increased by 36% compared to 2023, with 27 additional grants awarded, marking a 59% rise in the number of supported organizations [2] - 2024 was a record-breaking year for the FAT Brands Foundation, raising over 200,000 through fundraising initiatives and expanding its support for local communities [3] Financial Impact - The total amount awarded by the FAT Brands Foundation in 2024 was approximately 325,000[1]Thefoundationsgivingincreasedby36325,000 [1] - The foundation's giving increased by 36% from the previous year [2] - Fundraising initiatives in 2024 raised over 200,000 [3] Community Support - The foundation supported various causes, including those affected by the LA fires, youth enrichment, food insecurity, and health programs [2] - The foundation aims to expand its donor base and partnerships to meet the growing demand for funding in communities [3] Organizational Background - FAT Brands is a global franchising company that owns 18 restaurant brands and operates over 2,300 units worldwide [5] - The FAT Brands Foundation, established in 2022, focuses on uplifting communities through partnerships with local non-profits [6]