The Taco Bell Foundation is breaking down barriers to education for young people pursuing their passions, in a record-breaking year for applications and awards.
Submitted by Yum! Brands
IRVINE, Calif., May 15, 2023 /CSRwire/ – Today, the Taco Bell Foundation announced it is awarding more than $10 million in Live Más Scholarships – the most in the nonprofit’s history. The scholarships will be distributed to 980 students, ages 16-26, eager to ignite powerful change within their community and beyond. This year, the Taco Bell Foundation is giving $2.5 million to Taco Bell restaurant team members and $7.6 million to Taco Bell fans nationwide. Award amounts range from $5,000-$25,000 per recipient.
The Live Más Scholarship is a passion-based scholarship that gives students the tools and resources to boldly pursue their educational dreams. To qualify for the scholarship, applicants must submit a two-minute video describing their passion, a positive change they want to make in the world, and how their education will help them achieve that goal.
This year, the Taco Bell Foundation received its highest number of scholarship applications – nearly 14,000. Recipients include more than 300 fans of the brand, 150 Taco Bell restaurant team members, and over 500 renewal recipients through the Taco Bell Foundation’s renewal application, allowing applicants to renew their scholarships up to three times.
Scholarships awarded to Taco Bell fans are funded 100% by customers who participate in the Taco Bell Foundation’s Round Up fundraiser by rounding up to the nearest dollar, proving change can change lives. While team member scholarships are funded completely by donations from Taco Bell Corp. and Taco Bell Franchisees.
“The Live Más Scholarship is more than a check. It provides a community for these young scholars where they can learn from one another and grow outside of the classroom,” said Jennifer Bradbury, Executive Director of the Taco Bell Foundation. “The Live Más Scholarship opens a door of connections, opportunities, and programs to help students flourish in their passions.”
Check out the stories of two 2023 Live Más Scholars who will be using their scholarships to create a better world for us all:
Live Más Scholars will have the opportunity to travel to San Diego, California, and attend the Live Más Scholarship Summer of Connection this July. The in-person conference is designed for attendees to cultivate the necessary skills and connections needed to boldly pursue their careers and make a difference in their community.
About Taco Bell Foundation
Taco Bell Foundation, Inc. is a 501(c)(3) public charity that helps America's young people pursue their educational goals and career aspirations. Since 1992, the Taco Bell Foundation has reached more than 5 million young people across the country and has awarded $155 million in grants and scholarships, focused on education and career readiness. For more information about the Taco Bell Foundation, visit www.tacobellfoundation.org.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 54,000 restaurants in more than 155 countries and territories, operating the Company’s brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. The Company’s family of brands also includes The Habit Burger Grill, a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. Yum! Brands was named to the 2021 Dow Jones Sustainability Index North America and was ranked on Newsweek’s list of 2021 America’s Most Responsible Companies. In 2022, Yum! Brands was named to 3BL Media’s 100 Best Corporate Citizens.
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