2013-11-15T10:25:24-06:00 2012-12-31 GRANT THORNTON LLP 1100 PEACHTREE STREET SUITE 1200 ATLANTA GA 30309 990 2012-01-01 581692997 Arby's Foundation Inc % COLBY LINDSAY ARBY 6785145163 1155 Perimeter Center West Suite 1200 Atlanta GA 30338 Hala Moddelmog 6785145163 2013-09-25 true Jennifer FitzGerald 4043302000 2012 2016-03-07 17:11:31Z Hala Moddelmog 1155 Perimeter Center West Atlanta GA 30338 9941004 false X www.arbysfoundation.org X 1986 GA Working to end childhood hunger in America 20 20 12 852 0 0 3571043 4682119 0 0 512303 469134 114042 -88578 4197388 5062675 1736643 5866083 0 0 1235250 805213 0 0 536588 987183 3040820 3959076 9712116 238312 -4649441 13226495 11153979 1045152 3157839 12181343 7996140 X See Schedule O false true 2770390 2770390 Georgia Investment - Funds contributed and support services provided for the multi-year investment of the "Feeding for a Promising Future" campaign in the state of Georgia. Lead partners include Georgia Food Bank Association and Children's Healthcare of Atlanta. 2588487 2588487 Share our Strength - Services include funds contributed to Share our Strength's mission and initiatives. 353798 Summer Mobile Tour - See Schedule O 2716037 507206 8428712 true true false false false false false false false true true false false false true true true false false false false false false false true false false true false false false false false false false false false false true false false false false false false false false true 2 0 12 true false false false false false true true false false false false X 20 20 false false true false false false false true true false false false false false false true false false AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NJ NM NY NC ND OH OK OR PA SC TN UT VA WA WV WI X COLBY LINDSAY 6785145163 1155 PERIMETER CENTER WEST STE 120 Atlanta GA 30338 Hala Moddelmog 2.0 X X 0 0 0 John Gray 2.0 X X 0 0 0 Danton Nolan 2.0 X X 0 0 0 Jo Ann Herold 2.0 X X 0 0 0 David Cox 1.0 X 0 0 0 Susan Adzick 1.0 X 0 0 0 Terri Evans 1.0 X 0 0 0 Claire Arnold 1.0 X 0 0 0 Troy Foote 1.0 X 0 0 0 Ed Baker 1.0 X 0 0 0 James Kennedy 1.0 X 0 0 0 Scott Boatwright 1.0 X 0 0 0 Bill Bolling 1.0 X 0 0 0 Karen Bremer 1.0 X 0 0 0 John Davis 1.0 X 0 0 0 Steve Lanham 1.0 X 0 0 0 Linda Matzigkeit 1.0 X 0 0 0 Harold Martin Jr 1.0 X 0 0 0 William Pate 1.0 X 0 0 0 Chuck Sliker 1.0 X 0 0 0 Andy D'Agosto 1.0 X 0 KENDALL BAILEY 1.0 X Kathryn Atwood 40.0 X 111572 0 9504 Colby Lindsay 40.0 X 106356 0 21504 217928 0 31008 2 false false false NONE 0 0 1071458 3610661 44438 4682119 0 312092 312092 0 0 0 0 0 4773083 4608629 7412 164454 -7412 157042 -7412 164454 173710 1071458 262288 -88578 -88578 0 0 0 5062675 -7412 387968 X 5866083 5866083 0 0 0 248936 84862 100461 63613 0 429043 126017 192683 110343 0 72739 36370 18185 18185 54495 27248 13624 13624 0 0 0 0 0 124164 124164 116652 52958 46150 17544 49048 48893 154 4790 1177 3612 0 0 40989 13663 13663 13663 85424 76970 8454 0 0 21710 21710 0 94549 76848 17701 30150 5975 24175 ADMINISTRATIVE 254047 63909 13137 177001 GOODWILL IMPAIRMENT - SCH O 2219297 1926029 170653 122615 9712116 8428712 746816 536588 0 0 1544657 675422 0 0 426571 156136 0 0 0 0 0 0 13865 0 13642 14000 562856 302615 282361 260241 8726102 10048180 0 0 0 0 0 0 2219297 0 13226495 11153979 114653 170091 649234 2379 0 0 0 0 0 0 0 0 0 0 0 0 281265 2985369 1045152 3157839 X 12181343 7996140 0 0 0 0 12181343 7996140 13226495 11153979 X -4649441 464238 X false true X true false X 6187192 5820185 5195730 3571043 4682119 25456269 0 0 6187192 5820185 5195730 3571043 4682119 25456269 288034 25168235 268209 281003 327980 281561 312092 1470845 0 163675 206568 193458 124198 0 687899 27615013 0.91140 0.92370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8428016 500000 940785 3434666 0 118314 6315821 8701252 250000 120389 524600 7380 111645 8428016 7203978 1000000 987027 400000 5207 84546 8701252 6031484 950000 961353 675000 3597 60262 7203978 7126522 738036 -1160797 600000 2403 69874 6031484 1.00000 false false 0 562856 302615 260241 260241 0 CAPITAL LEASE OBLIGATION 214979 COMMUNITY INVESTMENT OBLIGATION 2770390 2985369 X 5796613 464238 269700 733938 5062675 5062675 9981816 269700 269700 9712116 9712116 PART XI, LINE 2D, OTHER ADJUSTMENTS: Other Reconciliation of Revenue SPECIAL EVENT EXPENSES $262,288 Disposal of Fixed Assets $ 7,412 Total $269,700 PART XII, LINE 2D, OTHER ADJUSTMENTS: Other Reconciliation of Expenses SPECIAL EVENT EXPENSES $262,288 Disposal of Fixed Assets $ 7,412 Total $269,700 Endowment Funds Schedule D, Part V, Line 4: The intended use of the Arby's Foundation endowment fund is to provide financial resources to further the organization's tax exempt purpose. FIN 48 (ASC 740) Footnote Schedule D, Part X, Line 2: The Foundation is recognized by the Internal Revenue Service as being exempt from Federal and state income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code (the "IRC") as a publicly supported organization. U.S. GAAP requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed annually for the difference between the financial statement and tax basis of assets and liabilities that will result in taxable or deductible amounts in the future based on enacted tax laws and rates. Valuation allowances are established when necessary to reduce the deferred income tax assets to an amount that is more likely than not to be realized. The Foundation is subject to IRC Section 511(a) for income taxes on unrelated business income. The Foundation has reported on its Form 990-T, the return to report unrelated business income, approximately $750,000 of net operating loss carry forwards. These net operating losses may be available to offset future unrelated business income. These net operating losses will expire between 2023 to 2026. These net operating losses resulted in approximately $255,000 of deferred income tax assets which are fully reserved for with a valuation allowance. Management does not believe it is more likely than not the future benefits of the net operating losses will be recognized. The Foundation recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authority, based on the technical merits of the position. As of December 31, 2012 and 2011, there are no known items which result in recording a liability related to uncertain tax positions. Tax years 2009 through 2012 remain subject to examination by major tax jurisdictions (US Federal, state and local authorities). 1245168 1071458 173710 6470 54337 73768 127713 0 1245168 1071458 173710 6470 54337 73768 127713 262288 -88578 true Share Our Strength 1730 M ST NW STE 700 Washington DC 20036 521367538 501 (c ) (3) 2588487 FMV See Part IV Alliance for Choice in Education 1201 E Colfax Duite 302 Denver CO 80218 841531066 501 (c ) (3) 20000 FMV See Part IV Action Ministries 17 Executive Pk Ste 540 Atlanta GA 30329 582070427 501 (c ) (3) 10000 FMV See Part IV Alliance Theatre 1280 Peachtree St NE Atlanta GA 30309 580633971 501 (c ) (3) 15000 FMV See Part IV Atlanta Childrens' Shelter PO Box 54322 Atlanta GA 30308 581675299 501 (c ) (3) 10000 FMV See Part IV Atlanta Community Food Bank 732 Joseph E Lowery Blvd Atlanta GA 30318 581376648 501 (c ) (3) 10000 FMV See Part IV BBBS of Greater Birmingham 216 Aquarius Dr STE315 Birmingham AL 35209 630647080 501 (c ) (3) 20000 FMV See Part IV BBBS of Greater Charlotte 2424 N Davidson St Charlotte NC 28205 562264009 501 (c ) (3) 20000 FMV See Part IV BBBS of Greater Cleveland 1422 Euclid Ave Ste 552 Cleveland OH 44115 341039700 501 (c ) (3) 20000 FMV See Part IV BBBS of Kentuckiana 322 W Broadway Ste 600 Louisville KY 40202 616057856 501 (c ) (3) 20000 FMV See Part IV BBBS of Metro Atlanta 1382 Peachtree Street NE Atlanta GA 30309 580861895 501 (c ) (3) 31368 FMV See Part IV BBBS of the Greater Twin Cities 2550 Univ Ave 410N St Paul MN 55114 320017737 501 (c ) (3) 20000 FMV See Part IV Boys & Girls Clubs of Greater Cincinnati 600 Dalton Ave Cincinnati OH 45203 310536965 501 (c ) (3) 20000 FMV See Part IV Boys & Girls Clubs of Metro Atlanta 1275 Peachtree St Ste 500 Atlanta GA 30309 580566123 501 (c ) (3) 6500 FMV See Part IV Camp Twin Lakes 600 Means Street Ste 110 Atlanta GA 30318 581826782 501 (c ) (3) 7500 FMV See Part IV Children's Health Care of Atlanta 1405 Clifton Rd Northeast Atlanta GA 30307 581710601 501 (c ) (3) 167500 FMV See Part IV DonorsChoose 213 W 35th St 2nd Flr E New York NY 10001 134129457 501 (c ) (3) 10000 FMV See Part IV Feed the Hungry Foundation 1440 Dutch VLy Pl Ste 135 Atlanta GA 30324 581307595 501 (c ) (3) 10000 FMV See Part IV Genesis Shelter 173 Boulevard NE Atlanta GA 30312 581934891 501 (c ) (3) 10000 FMV See Part IV Georgia Food Bank Association 732 Joseph E Lowery Blvd Atlanta GA 30318 582374577 501 (c ) (3) 2620390 FMV See Part IV Georgia Forward 50 Hurt Plaza Ste 110 Atlanta GA 30303 274187308 501 (c ) (3) 10000 FMV See Part IV Habitat for Humanity in Atlanta Inc 519 Memorial Drive SE Atlanta GA 30312 911914868 501 (c ) (3) 5500 FMV See Part IV IFA Educational Foundation 1501 K St NW Ste 350 Washington DC 20005 366108621 501 (c ) (3) 10000 FMV See Part IV Indiana Youth Institute 603 E Washington St Indianapolis IN 46204 311251680 501 (c ) (3) 20000 FMV See Part IV Kate's Club 1330 West Peachtree St NW Atlanta GA 30309 161646487 501 (c ) (3) 5197 FMV See Part IV Open Hand Atlanta 176 Ottley Dr NE Atlanta GA 30324 581816778 501 (c ) (3) 10000 FMV See Part IV The Madonna School 6402 N 71st Plaza Omaha NE 68122 470491332 501 (c ) (3) 20000 FMV See Part IV WXIA-TV (Kids Who Care Campaign) PO Box 637392 Cincinnati OH 45263 132599556 12572 FMV See Part IV 27 1 Description of Grants SCHEDULE I, PART II, Line 1, Column (H) Contributed funds to support their mission. Monitoring Procedures SCHEDULE I, PART I, Line 2 For our smaller grants, we request gift acknowledgment letters from all grantees and use these letters to confirm that any restrictions on the funding are cited in this letter. For our larger investments, we ask for the allocations of funds from the grantee. X 16 38675 FAIR MARKET VALUE X Tickets 3 3364 FAIR MARKET VALUE X Toys 1 2399 FAIR MARKET VALUE false false false DESCRIPTION OF ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 As the charitable giving arm of Arby's Restaurant Group, Inc., the Arby's Foundation works to end childhood hunger in America with the vision that all children have access to the wholesome food they need to learn, play and grow. The Arby's Foundation focuses on ending childhood hunger on national, state and local levels by raising awareness of the issue, supporting hunger-fighting organizations, and funding innovative solutions that solve this critical problem. Since 2011, the Arby's Foundation has been a national charity partner of Share Our Strength's No Kid Hungry campaign (NKH). As NKH's largest quick service restaurant partner, the Arby's Foundation has raised over $5 million in the past two years to support NKH and other hunger-fighting organizations in the communities that Arby's serves. The Arby's Foundation specifically recognizes a tremendous need to support children during the summer months, when school breakfast and lunch is not available, and takes a leading role in helping connect kids to the meals they need while on summer break. With the goal of raising awareness of childhood hunger and increasing access to the existing free summer meal sites around the country, the Arby's Foundation provides the grassroots Hungry for Happiness summer mobile tour. As an additional tactic to raise awareness about summer meal resources available in the communities the Tour visits, the Arby's Foundation funds an innovative summer meals texting program administered by Share Our Strength. Extensive volunteer needs at the Hungry for Happiness tour stops allows the opportunity for Arby's employees to see hunger in their communities firsthand and become involved with their local hunger relief organization. Volunteer opportunities also lead to greater understanding of the issue and support for the Arby's Foundation's mission to end childhood hunger in America. The increased system support becomes even clearer during the execution of the Arby's Foundation's national restaurant fundraiser in the months following the Hungry for Happiness Tour. For a six-week period, restaurant team members ask customers to donate $1 to end childhood hunger in exchange for a coupon. In 2012, Arby's team members and customers set a system record by raising almost $2.7 million for the fight to end childhood hunger. As an industry leader in corporate philanthropy, the Arby's Foundation staff and volunteers engage thousands of people across America while utilizing employees and volunteers, supporting local hunger organizations, connecting children and families with the food resources they need, and sharing information on the growing issue of childhood hunger. To this end, Arby's and the Arby's Foundation proudly received the 2013 Restaurant Neighbor Award from the National Restaurant Association for their work to end childhood hunger in America. Significant changes to program services PART III, LINE 3 The Arby's foundation first launched the hungry for happiness mobile tour in 2012, where the 18-wheel Arby's foundation event vehicle traveled more than 10,000 miles to serve 4,000 meals to children across 15 major cities Program Service - Summer Mobile Tour Part III, Line 4C Summer Mobile Tour - The Hungry for Happiness mobile tour sets out in the summer to raise awareness about childhood hunger and increase participation in free summer meal programs in communities nationwide. Summer continues to be a vulnerable time for children who rely on school breakfast and lunch during the school year. The Arby's Foundation, in partnership with Share Our Strength's No Kid Hungry campaign, is committed to helping all kids get the food they need every day. With this goal in mind, the Arby's Foundation first launched the Hungry for Happiness mobile tour in 2012, where the 18-wheel Arby's Foundation event vehicle traveled more than 10,000 miles to serve 4,000 meals to children across 15 major cities. Other Program Services Part III, Line 4D The remaining Program Services include Community Outreach, Disaster Relief, and Legacy Grants. Community Outreach are funds and goods provided to initiatives that support Atlanta, Georgia and surrounding areas, as well as Executive Team's requests for support of charitable organizations. Disaster Relief are funds contributed to services and programs that aid in relief efforts caused by natural and man-made disasters. Legacy Grants are funds contributed to organizations previously supported under the former Arby's Charity Tour. Governing Body and Management PART VI, SECTION A, LINE 4 DURING 2012, THE ARBY'S FOUNDATION, INC. BY-LAWS WERE AMENDED. THE BY-LAWS NOW REFLECT AN ELIMINATION OF THE "CLASSES" AND PROVIDE FOR THE STRUCTURE OF THE BOARD TO INCLUDED KEY STAKEHOLDERS BOTH WITHIN THE ARBY'S SYSTEM AND OUTSIDE THE ARBY'S SYSTEM. THIS CHANGE ALSO ALLOWS FOR THE SIZE OF THE BOARD TO EXPAND BEYOND 11 TRUSTEES. A NEW FRAMEWORK OF THE REGULAR BOARD OF TRUSTEES HAS BEEN CREATED. IT IS LOOSER THAN THE PREVIOUS CLASS STRUCTURE BUT STILL PROVIDES FOR KEY STAKEHOLDERS TO HOLD A SEAT. THE REMAINING SECTIONS OF ARTICLE 3 HAVE BEEN AMENDED TO REFLECT THIS CHANGE. TERMS HAVE BEEN SET AT 2 YEARS AND TRUSTEES ARE ABLE TO SERVE CONSECUTIVE TERMS. THIS WAS AMENDED DUE TO THE ARBY'S FOUNDATION, INC. EXPANSION TO INCLUDE EXTERNAL STAKEHOLDERS. THE EXECUTIVE COMMITTEE MOVING FORWARD WILL CONSIST OF 1. CHAIR, VICE CHAIR, SECRETARY, TREASURER AND FRANCHISEE. Policies PART VI, SECTION B, LINE 11 The Executive Committee, Executive Director and Director of Finance and Administration all reviewed and approved a draft of the return before it was filed. Policies PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE CONDUCTS A SURVEY/STUDY AND THE FINAL AMOUNT IS APPROVED BY THE EXECUTIVE COMMITTEE. Disclosure PART VI, SECTION C, LINE 18 PUBLIC INSPECTION COPY OF THE ORGANIZATION'S TAX RETURN IS AVAILABLE UPON REQUEST. Disclosure PART VI, SECTION C, LINE 19 REQUESTS ARE CONSIDERED ON AN INDIVIDUAL BASIS. Impairment of Goodwill Part IX, Line 24b In 2005, the Arby's Foundation ("Foundation") acquired certain assets (employees and goods) of Marketing Event Partners ("MVP") and recorded Goodwill of $4,564,357. In 2012 there was an impairment of goodwill for financial statement purposes in the amount of $2,219,297. Therefore, management has determined that the impairment of goodwill should be allocated based on the organization's functional expenses prior to the goodwill impairment.