As PepsiCo's philanthropic anchor, the PepsiCo Foundation is committed to developing partnerships and programs in underserved regions that provide opportunities for sustained and improved health, environment and education.
Through grant-giving, associate programs and disaster response, PepsiCo Foundation seeks to help the most impoverished people and communities in the U.S. and around the world.
PepsiCo Foundation was established in 1962 for charitable and educational purposes. In the 1970s, the Foundation began to support fitness research, and by the 1980s, the Foundation established a focus on preventive medicine, underwriting research in this field at major medical schools at Duke, Harvard and Stanford, as well as at the Mayo Clinic. Later, the Foundation's focus was expanded to funding fitness education for youth. In 1998, PepsiCo became the first corporation to become a mission sponsor of the YMCA of the USA.
PepsiCo and PepsiCo Foundation have since funded numerous initiatives promoting active lifestyles and educating consumers about making smart dietary choices. The key principle behind all of these efforts is balancing nutrition and physical activity.
Today, the Foundation has evolved its goals to reflect the needs of underserved populations—including nutrition and activity, safe water and water usage efficiencies, and education and empowerment—and has extended its grant-making to the global community. In 2010 alone, PepsiCo Foundation contributed $25.9 million toward charitable causes. The Foundation also provides funding for disaster response and rebuilding activities.
Goal: PepsiCo Foundation seeks to foster healthy, vibrant and self-sufficient communities worldwide through global partnerships that improve the quality of life across communities in areas of great need.
Strategy: Advance programs that help people locally, complementing sustainability platforms of Performance with Purpose.
Responsibilities: PepsiCo Foundation Board, made up of senior internal leaders within PepsiCo, meets three times a year, overseeing its mission and approving large Foundation grants.
PepsiCo Foundation has a proud history of supporting associate involvement in the community. The Foundation's commitment to encourage the personal contributions made and volunteer leadership demonstrated by PepsiCo associates continues today through:
PepsiCo Foundation matches associates' personal contributions made to eligible nonprofit organizations and provides a double match where associates are involved as volunteers.
For four decades, PepsiCo and its associates have partnered with United Way chapters to help thousands of local organizations and programs. This collaborative spirit, support and energy have helped create healthier and stronger communities across the U.S.
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