Conagra Brands Foundation

What Conagra Brands Foundation does

The Conagra Brands Foundation is the philanthropic arm of Conagra Brands, Inc. (NYSE: CAG), a North American branded food company founded in 1919 and headquartered in Chicago. The Foundation concentrates charitable giving on food insecurity, partnering with Feeding America (donating 19M+ pounds of food in FY2025 per the Citizenship Report) and reviewing Letters of Intent on a rolling basis from US-based 501(c)(3) nonprofits addressing food insecurity with clear community focus. It is chaired by Jon Harris, EVP and Chief Communications & Networking Officer of Conagra Brands. The Foundation is wholly owned by Conagra Brands, Inc. and operates alongside the parent company's broader corporate-responsibility and ESG commitments.

Conagra Brands, Inc. manufactures and sells branded packaged food products across frozen meals (Healthy Choice, Marie Callender's, Banquet), frozen vegetables (Birds Eye), snacks (Slim Jim, Angie's BOOMCHICKAPOP, DAVID Seeds), baking (Duncan Hines), popcorn (Orville Redenbacher's), condiments (Hunt's, Vlasic), plant-based (Gardein), smoked meats (Duke's), and whipped toppings (Reddi-wip). The company runs 41 production facilities, employs approximately 18,300 people, and reports through four operating segments: Grocery & Snacks, Refrigerated & Frozen, Foodservice, and International. Underlying operations are traditional food manufacturing and supply-chain execution rather than proprietary technology platforms; competitive differentiation rests on brand equity, retail relationships, and scale.

The company sells through retail grocery chains, broadline distributors, membership clubs, dollar and drug stores, convenience stores, non-traditional outlets, and foodservice operators (Conagra Foodservice) across the US, Canada, and Mexico, with a dedicated Customer Leadership Organization that develops joint business plans with retail customers. In FY2026 (ended May 31, 2026) net sales totaled $11.3 billion, down 2.9% year-over-year. The balance sheet carries $7.1 billion in net debt at a 3.83x leverage ratio, $2.0 billion of non-cash goodwill and brand impairment charges were recorded in Q4 FY2026, and the annualized dividend was cut to $0.70 per share to accelerate progress toward the leverage target. John Brase assumed the President and CEO role in April 2026 with a transformation mandate.

Name

Conagra Brands Foundation

Legal name

Conagra Brands, Inc.

Website

https://conagrabrands.com

Company type

Public

Founded year

1919

Operating status

Operating

Headcount range

10,001+ employees

Short description

Conagra Brands Foundation is the philanthropic arm of Conagra Brands, Inc. (NYSE: CAG), funding food-insecurity initiatives through Feeding America partnerships and US 501(c)(3) grants, backed by the parent's portfolio of iconic North American food brands.

Ownership category

akta.pro rank

Product category

Corporate Philanthropy

NAICS

Grantmaking and Giving Services (81321), Voluntary Health Organizations (813212), Community Food Services (624210), Civic and Social Organizations (813410), Snack Food Manufacturing (31191), Sugar and Confectionery Product Manufacturing (3113)

SIC

Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090), Canned, Fruits, Veg, Preserves, Jams & Jellies (2033), Cookies & Crackers (2052)

akta.pro primary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

akta.pro secondary industries

Public Charities & Grantmaking Intermediaries (BPAGAKAE), Environmental & Climate Grantmaking Foundations (BPAGAKAM), Nutrition & Food Security (Global Health) NGOs (HLAJAKAH), Food Assistance & Food Banks (BPAGAEAA)

Keywords

• Corporate philanthropy
• Food insecurity grants
• Community impact funding
• Nonprofit foundation
• Corporate charitable giving

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others

Revenue model

1. Branded Food Products Sales: Conagra Brands generates revenue through the manufacture and sale of packaged food products including frozen meals, snacks, condiments, and other consumer packaged goods through retail grocery and foodservice channels.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

The Conagra Brands Foundation provides philanthropic grants and resources to US-based 501(c)(3) nonprofit organizations addressing food insecurity and community needs. The Foundation reviews Letters of Intent on a rolling basis from qualifying nonprofits and partners with Feeding America to donate food to community food banks, having contributed 19M+ pounds of food and $9M in sustainability investments as of fiscal 2025.

Product overview

Conagra Brands is a North American branded food company with a portfolio of iconic and emerging consumer food brands. The company operates across multiple product categories including frozen meals (Healthy Choice®, Marie Callender's®, Banquet®), frozen vegetables (Birds Eye®), snacks (Slim Jim®, Angie's BOOMCHICKAPOP®, DAVID Seeds), plant-based foods (Gardein®), baked goods and baking mixes (Duncan Hines®), popcorn (Orville Redenbacher's®), condiments (Hunt's®), smoked meats (Duke's®), pickles (Vlasic®), and whipped toppings (Reddi-wip®). The portfolio spans Grocery & Snacks, Refrigerated & Frozen, Foodservice, and International segments.

Differentiator

Problem solved

Functional benefit

Brands

• Birds Eye: Plain frozen vegetables in many fuss-free, easy-to-use varieties
• Duncan Hines
• Healthy Choice
• Marie Callender's
• Reddi-wip
• Slim Jim
• Angie's BOOMCHICKAPOP
• Hunt's
• Gardein
• Orville Redenbacher's
• Vlasic
• Duke's

Products and services

• Community Impact Grants
• Feeding America Food Donation Program

Quantifiable outcome

• 19M+ pounds of food donated to Feeding America
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Feeding AmericacoreOthersConagra Brands partners with Feeding America to address food insecurity. Per the FY25 Citizenship Report, the company donated 19M+ pounds of food to Feeding America network of food banks.
• Ardent MillscoreStrategic or Co-development PartnerArdent Mills is a joint venture investment of Conagra Brands. The company reports equity method investment earnings from this joint venture. Alexandre Eboli, EVP Chief Supply Chain & Transformation Officer, serves on the board of Ardent Mills.
• Community Nonprofit OrganizationscoreOthersThe Conagra Brands Foundation supports select nonprofit organizations that address food insecurity and have clear community focus. Organizations must be 501(c)(3) exempt and US-based. The Foundation reviews Letters of Intent on a rolling basis.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• The Hershey Company: Comparable confectionery and snacks CPG with a strong philanthropy/nutrition focus. The Hershey Trust and corporate giving around youth nutrition and food insecurity are directly comparable to Conagra Brands Foundation's mandate.
• General Mills Foundation: Corporate foundation of General Mills, a directly comparable North American branded CPG peer with a long-standing hunger-relief and nutrition grantmaking mandate, including its signature 'Box Tops for Education' program.
• Campbell Soup Company: Comparable North American branded food manufacturer with overlapping frozen, soup, and snack categories. Campbell's corporate philanthropy and food-donation programs are directly analogous to Conagra's Foundation strategy.
• J.M. Smucker Co. Comparable packaged food peer with shared brands and channel dynamics. Notably, Smucker's former President/COO John Brase now leads Conagra — making it a relevant strategic peer for evaluating Foundation direction.
• Kraft Heinz Company: Direct CPG peer to Conagra Brands in frozen meals, condiments, and packaged foods. Its corporate giving and Hunger Lunch program are directly comparable in scope to Conagra Brands Foundation's food-insecurity focus.
• Post Holdings: Comparable diversified packaged food peer with cereal, refrigerated retail, and food-service exposure. Its corporate giving and food-donation partnerships are directly analogous in scale and approach.
• Mondelez International Foundation: Global snacks CPG with a corporate foundation focused on community wellness and sustainable agriculture. Directly comparable as a snack-category peer with CSR-led community-investment programming.

Others

• Feeding America: Conagra Brands Foundation's flagship nonprofit partner, not a direct peer but a critical ecosystem participant. Included as a direct operating counterpart — Feeding America is the distribution vehicle through which 19M+ pounds of Conagra-donated food reaches end beneficiaries.

Broad incumbents

• Tyson Foods: Broader incumbent protein/food manufacturer with a substantial corporate philanthropy footprint addressing hunger relief. Conagra's Noelle O'Mara (EVP Refrigerated & Frozen) joined from Tyson's Prepared Foods division, indicating executive-level overlap.

Regional players

• Walmart Foundation: Large corporate foundation of a major North American grocery retailer (a key Conagra distribution channel). Comparable in scale and food-insecurity focus, but operates from the retailer side of the value chain rather than the manufacturer side.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/conagra-brands

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments41 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Conagra Brands Foundation