irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $128KGRANT PROGRAM - FUNDS USED TO PROVIDE YOUNG CULINARY PROFESSIONALS WITH FULLY PAID INTERNSHIPS ("STAGES") AT RESTAURANTS AROUND THE WORLD TO FURTHER THEIR EDUCATION AND ONGOING TRAINING.
- #2 $10KGIVING FUND GRANTS - ISSUED TO RESTAURANTS AND OTHER PUBLIC CHARITIES FOR DISASTER RELIEF AND ASSISTANCE WITH EMPLOYEE RELIEF EFFORTS RELATED TO COVID, NATURAL DISASTERS OR DEVASTATION.
named programs · 2 · from sources
What they call their work
Grant Program for Young Culinary Professionals
Funds fully paid internships ("stages") at restaurants around the world for young culinary professionals to advance their education and training.
Mentor Giving Fund
Provides grants to restaurants and public charities for disaster relief and employee relief efforts related to COVID-19, natural disasters, or other crises.
activities · 2 groups
What they do
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Charitable Grantmaking to Specific Causes 1 activity
- Funding disaster and employee relief in the restaurant industryProvides grants to restaurants and public charities for disaster relief and employee relief related to COVID-19, natural disasters, or devastation.
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Industry-Specific Student Scholarships and Competitions 1 activity
- Funding fully paid internships for young culinary professionalsFunds fully paid internships ("stages") for young culinary professionals at restaurants worldwide to support their education and training.
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financials · form 990 · fy2024
revenue
Total revenue$2.39M
Contributions & grants$2.85M119%
Program service revenue$00%
Investment income$26K1%
Other revenue$-481K
expenses
Total expenses$2.93M
Program expenses76%
Admin / overhead12%
Fundraising12%
Salaries & benefits$1.17M
Grants paid out$99K
Largest expense lineCompensation
balance sheet
Total assets$665K
Cash$227K
Investments$221K
Liabilities$382K
Net assets$283K
Liquid reserves1.8 mo
5 years on record · 2020–2024 · YoY revenue +10.1%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| YOUNG YUN | EXECUTIVE DIRECTOR/SECRETARY | 50 | $247K |
| STEFANI DE PALMA | TEAM USA HEAD CHEF | 40 | $142K |
| JAIMIE CHEW | DIRECTOR, COMMUNICATIONS & EVENTS | 40 | $123K |
board members · 5
- DANIEL BOULUD — CHAIRMAN
- DR TIM RYAN — BOARD DIRECTOR
- EDMONDO SCHWARTZ — BOARD DIRECTOR
- JEROME BOCUSE — EXECUTIVE VICE PRESIDENT
- THOMAS KELLER — PRESIDENT
relationships · 12
Who they work with
- Atelier Crenn Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Charcoal Venice Partners LLC Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Craft Worldwide Holding LLC Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- EBNB 70 Pine Owner Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Gabriel Kreuther Restaurant Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Hand in Hand a Daniel Boulud Foundation Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Hawaii AG and Culinary Alliance Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Heart of the House Foundation Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Henrietta Red Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Hope Street Restaurant LLC Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Hot and Hot Fish Club Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
- Jacques Pepin foundation Partner — Received $10,000 from Mentor Giving Fund in 2020 for disaster or employee relief.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Investment in Culinary Workforce Development via International Training 12 orgsmethodology: cultural-exchange-through-trainingBy funding fully paid international internships ("stages"), we advance the education and real-world training of young culinary professionals, because immersive cross-cultural experiences accelerate skill development and professional growth.shared approach: Workforce Development Through Education →
- Crisis Response Grantmaking to Strengthen Culinary Sector Resiliencemethodology: crisis-response-grantmakingBy providing emergency grants to restaurants and public charities during crises, we enhance sector-wide resilience, because timely financial intervention sustains operations and protects jobs during disruptions like pandemics or natural disasters.