PepsiCo Foundation Inc
PepsiCo Foundation Inc is a private foundation based in Purchase, New York, and PepsiCo’s primary philanthropic arm. It supports communities through grants, partnerships, and programs addressing community needs.
PepsiCo Foundation Inc at a glance
In short: PepsiCo Foundation Inc gave $37.6M across 57 grants in 2024 (avg $659K), top state Virginia. 40% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $37,584,175
- -2.8% vs 2023
- Grants made (2024)
- 57
- -27.8% vs 2023
- Average grant
- $659,371
- +34.8% vs 2023
- Median grant
- $100,000
- Total assets
- $112,971,885
- +70.2% vs 2023
- New grantees (estimate)
- 40% first-time grantees (23 of 57, 2024)
- Primary geography
- Virginia (44% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to PepsiCo Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 700 Anderson Hill Road, Purchase, NY 10577
Phone: (914) 253-2000
Website: https://pepsico.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who PepsiCo Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Charities Aid Foundation America ($14.4M). Together the top 10 received $32.3M.
Organizations only. It also paid 1 grant to individuals ($50,000), which are not listed by name.
Grant Size Distribution
537 grants across all recorded years
The most common grant size was under $50K: 250 grants of 537 (47%).
Geographic Focus
Where this funder awards grants
The Foundation’s 2024 grant dollars were distributed among recipients in several states and the District of Columbia. The largest shares went to Virginia (44%), the District of Columbia (23%), Minnesota (14%), New York (9%), and Georgia (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 57 itemized grants.
States
Cities
Is PepsiCo Foundation Inc open to new grantees?
40%
first-time grantees, 2024
In 2024, 23 of 57 grantees (40%) were first-time recipients. First grants averaged $230K; repeat grants $950K. How we count
Medians: $50K first-time, $148K repeat.
- 39% of 2024 grantees were also funded in 2023. Method
- Giving fell 36% from 2021 to 2024. Method
- In 2024 it paid out 827% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $37.6M (2024) to $80.9M (2020). In 2024 it made 57 grants totaling $37.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charities Aid Foundation America Alexandria, VA | Donor Advised Fund/Matching Gifts Fund | $14,366,928 |
| American Association of Community Colleges Washington, DC | Scholarship Program | $5,218,954 |
| Scholarship America Inc Minneapolis, MN | Scholarship Program | $5,211,952 |
| Global Impact Alexandria, VA | General Support | $2,150,000 |
| Myriad USA Inc New York, NY | Disaster Relief | $1,982,024 |
| CARE Inc (Cooperative for Assistance and Relief) Atlanta, GA | General Support | $989,000 |
| Globalgiving Foundation Inc Washington, DC | Disaster Relief | $677,000 |
| World Central Kitchen Inc Washington, DC | Disaster Relief | $650,000 |
| Wateraid America Inc New York, NY | General Support | $566,652 |
| American National Red Cross New York, NY | Disaster Relief | $500,000 |
Ready to take the next step with PepsiCo Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $112,971,885 | $100,024,224 | $49,952,180 | $37,584,175 | 57 | $49,912,181 | $5,887,615 | $6,038,943 |
| 2023 | $66,360,081 | $68,948,665 | $51,732,971 | $38,647,192 | 79 | $53,870,868 | $2,230,438 | $2,033,601 |
| 2022 | $49,144,431 | $81,826,431 | $57,994,023 | $48,435,260 | 123 | $60,594,023 | $839,998 | $2,511,134 |
| 2021 | $25,033,678 | $1,734,936 | $68,188,157 | $58,579,111 | 155 | $71,188,157 | $175,865 | $3,447,496 |
| 2020 | $91,824,822 | $106,358,250 | $87,011,332 | $80,911,640 | 123 | — | $903,900 | $5,062,437 |
Under IRS private-foundation payout rules, PepsiCo Foundation Inc reported a distributable amount of $6.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation says its work is grounded in the potential of the people and communities it serves. It focuses on sustainable solutions to barriers involving nutritious food, safe water, and economic opportunity. Its website also describes employee engagement and disaster relief as areas of work.
Its 2024 grants included scholarship programs, disaster relief, and general support. The organizations receiving those grants describe a range of missions: CAF America says it connects donors with charities to advance philanthropic giving; the American Association of Community Colleges says it advances America’s community colleges; and Scholarship America says it works to help students access resources for learning and success. Myriad USA says it facilitates giving across borders, while CARE says it works to save lives, defeat poverty, and achieve social justice.
Grantmaking
In 2024, the Foundation reported 57 grants totaling $37,584,175. Grant amounts ranged from $2,500 to $14,366,928, with a median of $100,000. The largest awards included $14,366,928 to CAF America for a donor-advised fund/matching gifts fund; $5,218,954 to the American Association of Community Colleges and $5,211,952 to Scholarship America for scholarship programs; and $2,150,000 to Global Impact for general support. Other large grants included $1,982,024 to Myriad USA for disaster relief and $989,000 to CARE for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing were C D Glin, president; Christine Griff, secretary; Ada Cheng, treasurer; and directors Jim Andrews, David Flavell, Jane Wakely, Stephen Kehoe, Jamie Caulfield, and Becky Schmitt.
PepsiCo Foundation Inc is led by C. D. Glin, President since 2023 (on filings since 2021); none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
C. D. Glin
President
Vice President → Vice President & President, 2022
Vice President & President → President, 2023
On filings since 2021
1 hr/week
No compensation reported
David Flavell
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Jim Andrews
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Jane Wakely
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Becky Schmitt
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Jamie Caulfield
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Stephen Kehoe
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Christine Griff
Secretary
On filings since 2020
0.1 hrs/week
No compensation reported
Ada Cheng
Treasurer
On filings since 2021
0.1 hrs/week
No compensation reported
Former officers (10)
- Former: Hugh Johnston (2020–2023) — Director
- Former: Ronald Schellekens (2020–2023) — Director
- Former: Roberto Azevedo (2021–2023) — Chairman & Director
- Former: Jon Banner (2020–2022) — President & Director
- Former: Ram Krishnan (2020–2022) — Director
- Former: David Yawman (2020–2021) — Director
- Former: Grace Puma (2020–2021) — Director
- Former: Ken Smith (2020–2021) — Treasurer
- Former: Ramon Laguarta (2020–2021) — Chairman & Director
- Former: Sue Norton (2020) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about PepsiCo Foundation Inc
How much does PepsiCo Foundation Inc give each year?
PepsiCo Foundation Inc gave $37.6M across 57 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $38.6M across 79 grants.
What is PepsiCo Foundation Inc's typical grant size?
PepsiCo Foundation Inc's median grant in 2024 was $100,000, and its average grant was $659,371, across 57 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from PepsiCo Foundation Inc that year got $230K on average.
Where does PepsiCo Foundation Inc give grants?
PepsiCo Foundation Inc's top state is Virginia, with 44% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (23%) and Minnesota (14%). The most frequent recipient cities were Washington, DC (17 grants), New York, NY (7 grants), Chicago, IL (4 grants) and Alexandria, VA (2 grants).
Does PepsiCo Foundation Inc give general operating support?
Yes: 67% of PepsiCo Foundation Inc's 2024 grants with a stated purpose (38 of 57) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Disaster Relief" (8 grants) and "Scholarship Program" (6 grants).
Who are PepsiCo Foundation Inc's largest grantees?
PepsiCo Foundation Inc's largest 2024 grantees include Charities Aid Foundation America ($14,366,928), American Association of Community Colleges ($5,218,954) and Scholarship America Inc ($5,211,952), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($50,000), which are not listed by name. Together they received 66% of its itemized 2024 grant dollars.
How large is PepsiCo Foundation Inc?
PepsiCo Foundation Inc reported $113.0M in total assets on its 2024 IRS Form 990-PF. It paid out $49.9M in qualifying distributions that year, against a required minimum of $6.0M (roughly 5% of its investment assets).
What does PepsiCo Foundation Inc fund?
The Foundation says its work is grounded in the potential of the people and communities it serves. It focuses on sustainable solutions to barriers involving nutritious food, safe water, and economic opportunity. Its website also describes employee engagement and disaster relief as areas of work. See mission & focus areas ↑
How do I apply for a grant from PepsiCo Foundation Inc?
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is PepsiCo Foundation Inc's EIN?
PepsiCo Foundation Inc's EIN (Employer Identification Number) is 13-6163174. IRS Form 990 filing data is available on this page for 2020–2024.
Does PepsiCo Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in PepsiCo Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). PepsiCo Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/pepsico-foundation-inc-morg_28534fe65c7d4f4aafc757b8d31d21ba
BibTeX
@misc{grantable_136163174_2026,
author = {{Grantable}},
title = {{PepsiCo Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/pepsico-foundation-inc-morg_28534fe65c7d4f4aafc757b8d31d21ba},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from PepsiCo Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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