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The Coca-Cola Foundation Awards $8.1 Million In 3rd Quarter Benefitting 3.8 Million People Worldwide

Stocks in this article: KO

The Coca-Cola Foundation awarded US$8.1 million to 47 community organizations during the third quarter of 2013. Through these grants, 3.8 million people worldwide will have increased access to personal well-being, environmental and community empowerment programs.

“The health and well-being of our families and communities concern everyone,” said Lisa M. Borders, Chair of The Coca-Cola Foundation. “We are taking an active role working with grassroots community organizations to find solutions to those major issues affecting our world today.

“One of the Foundation’s strategic goals is to encourage access to physical activity and nutritional education programs,” Borders said. “More than one-third of the programs funded during this grant cycle increase access for people of all ages and abilities to become more physically active and healthy.”

“There is solid evidence of the gaps in physical activity in Europe – between countries and between population groups,” said Mogens Kirkeby, President of International Sport and Culture Association (ISCA), which received a $950,000 grant from The Coca-Cola Foundation to support its MOVE Activation program. “We need to close those gaps and boost physical activity levels.

“Coca-Cola’s contribution will allow ISCA to develop and enhance initiatives for hard-to-reach populations and thereby bring physical activity into the lives of some of the least active groups in society.” ISCA is a non-governmental association based in Copenhagen, Denmark. Its MOVE Activation program will encourage 100 million Europeans to become active by 2020 by expanding and standardizing sports and activity programming.

During the third quarter, the Foundation awarded $2.8 million to support active healthy living initiatives, $2.5 million to support education initiatives, $1.1 million to support recycling initiatives, $1.2 million to support water initiatives, and $650,000 to support youth development and other local community priorities. Year to date, the Foundation has awarded $58.5 million worldwide.

Some of the organizations receiving grant funding during the third quarter include:

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