The Kentucky Fried Chicken Foundation is an umbrella over three distinct programs: the KFCFeeds Program (disaster relief); the KFC Colonel's Scholars (scholarship recipients), and Colonel's Kids (a child care program that was recently completed with the YMCA).

The Foundation and these programs are governed by a Board of Directors comprised of nine members: four from the KFC Corporation and five outside directors with specific ties to the Foundation, e.g., independent franchisees. The Kentucky Fried Chicken Corporation and the Foundation are a part of Yum! Brands, Inc., headquartered in Louisville, Kentucky, the world's largest restaurant company with over 34,000 restaurants in over 100 countries.

The Foundation is centered on improving the quality of lives through disaster assistance efforts and providing scholarship support to high school seniors with financial need. These values are driven by the Colonel's value-focused philosophy of giving back to the communities in which it resides.