What does The Coca‑Cola Foundation do?
Since in its inception in 1984, The Coca‑Cola Foundation has given back more than USD $1 billion to enhance the sustainability of local communities worldwide.
The Coca‑ColaFoundation is our Company's primary international philanthropic arm. The Foundation was established in the U.S. as a registered 501(c)(3) charitable organization.
Foundation grants are awarded throughout the year based on our priorities, tax requirements, legal compliance and approval by the Foundation's Board of Directors.
All requests for community support in the form of grants or sponsorships must be submitted through ouronline application system.
In 1984, Roberto Goizueta, then Chairman and CEO of TheCoca‑ColaCompany, established The Coca‑ColaFoundation. Over the past three decades, the Foundation has grown from a local foundation into a global philanthropic organization.
The Coca‑Cola Company is committed to giving back 1 percent of its prior year’s operating income annually. This commitment is made through The Coca‑Cola Foundation and company donations. In 2017, The Coca‑Cola Company and The Coca‑Cola Foundation gave back more than $138 million to directly benefit nearly 300 organizations across more than 70 countries and territories. And that includes donations here in Canada.
Since its inception, the Foundation has supported learning inside and outside the classroom. However, addressing critical community challenges and opportunities is an evolving process. In 2007, the Foundation broadened its support to include global water stewardship programs, fitness and nutrition efforts and community recycling programs. Today, our strategies align with the Company’s Sustainability platform and include women’s empowerment and entrepreneurship.
- Empowering women: economic empowerment and entrepreneurship
- Protecting the environment: access to clean water, water conservation and recycling
- Enhancing communities: education, youth development and other community and civic initiatives
In addition, the Foundation supports many local community programs such as arts and culture, community and economic development programs in the United States, as well as HIV/AIDS prevention and awareness programs in Africa and Latin America.