FAT Brands Foundation Awards $325,000 to Local Non-Profits in 2024

Rhea-AI Summary

FAT Brands Foundation, the charitable arm of global franchising company FAT Brands (NASDAQ: FAT), has announced its charitable impact for 2024, distributing $325,000 to 70 non-profit organizations across 17 states and Washington D.C.

The foundation demonstrated significant growth, increasing its giving by 36% and expanding its grant recipients by 59% compared to 2023. Their first fundraising initiatives successfully raised over $200,000. The foundation supported various causes, including LA fire relief efforts, youth enrichment, food insecurity, and health programs.

FAT Brands, which owns 18 restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, and Twin Peaks, operates over 2,300 units worldwide. The foundation, established in 2022, aims to strengthen communities where FAT Brands operates through partnerships with local non-profits.

Positive

• Foundation's charitable giving increased 36% year-over-year
• Successful fundraising initiative generated over $200,000
• 59% increase in number of grant recipients from 2023

Negative

• None.

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Foundation Increases Giving in 2024, Supporting 70 Organizations Across FAT Brands Communities

LOS ANGELES, March 11, 2025 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc., a leading global franchising company that owns restaurant brands including Johnny Rockets, Fatburger, Round Table Pizza, Twin Peaks, Fazoli’s, and 13 other concepts, is pleased to announce the impact its charitable organization, FAT Brands Foundation, had in its local communities in 2024. Approximately $325,000 was awarded to 70 local non-profits across 17 states plus Washington D.C.

The foundation continues to make great strides in cementing itself as an emerging non-profit leader following its first year of giving in 2023. In one year, the foundation increased its giving by 36 percent and provided 27 more grants to deserving non-profits across the U.S., an increase of 59 percent from 2023. A myriad of causes were supported in FAT Brands communities, including those impacted by the LA fires where FAT Brands has its roots, youth enrichment, food insecurity and health programs.

“2024 was a record-breaking year for the FAT Brands Foundation,” said Jessica Wiederhorn, President of FAT Brands Foundation. “We achieved significant milestones, including the success of our first fundraising initiatives which raised over $200,000, in addition to increasing our giving and the number of organizations we supported. We could not have accomplished this without the unwavering support of FAT Brands, our franchisees, supplier partners, donors, and our local communities.”

In 2025, the foundation is focused on expanding its donor base and forging new partnerships to meet the increasing demand for funding in its communities. To make a donation, of which 100% goes to fueling the impactful work of the non-profits supported, to apply for a grant, or to view the 2024 FAT Brands Foundation Impact Report, please visit www.fatbrands.com/foundation.

For more information on the FAT Brands Foundation, visit www.fatbrands.com/foundation.

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About FAT (Fresh. Authentic. Tasty.) Brands

FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, quick-service, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit www.fatbrands.com.

About FAT Brands Foundation
Founded in 2022, the FAT Brands Foundation was created to uplift and unite the communities in which FAT Brands operates. While the company’s 18-brand portfolio is deeply rooted in charitable initiatives both locally and nationally, FAT Brands, as an organization, is seeking to magnify those efforts further. The 501(c)(3) organization is aimed at partnering with local non-profit organizations to provide essential programs to help families and communities thrive.

MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509

FAQ

How much did FAT Brands Foundation donate to non-profits in 2024?

FAT Brands Foundation donated $325,000 to 70 non-profit organizations across 17 states and Washington D.C. in 2024.

What was the percentage increase in FAT Brands Foundation's giving from 2023 to 2024?

The foundation increased its giving by 36% and provided 59% more grants compared to 2023.

How much did FAT Brands Foundation raise through its first fundraising initiatives in 2024?

The foundation's first fundraising initiatives in 2024 raised over $200,000.

What types of causes does FAT Brands Foundation support in its communities?

The foundation supports causes including LA fire relief efforts, youth enrichment, food insecurity, and health programs.