The Coca-Cola Foundation Inc logo

The Coca-Cola Foundation Inc

ATLANTA, GA EIN: 58-1574705 Website

The Coca-Cola Foundation is the global philanthropic arm of The Coca-Cola Company, headquartered in Atlanta, Georgia. Established in 1984 by Roberto Goizueta, then Chairman and CEO of The Coca-Cola Company, the Foundation has evolved from a local organization into a global philanthropic institution. It operates as a 501(c)(3) private grantmaking foundation and is tax-exempt.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$533.9M

+72.4% YoY

Annual Giving

$117.2M

+22.1% YoY

Grant Count

246

-3.5% YoY

Avg Grant Size

$476K

+26.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Foundation's mission is to make a difference in communities around the world by investing in transformative ideas and institutions that help address pressing global challenges.

The Foundation supports programs designed to:

  • Sustainable Access to Safe Water — A significant portion of grantmaking addresses safe drinking water access for vulnerable and water-stressed communities
  • Climate Resilience and Disaster Risk Preparedness and Response — Supporting disaster preparedness and response initiatives
  • Circular Economy — Including water conservation and recycling value chains
  • Economic Empowerment — Promoting women through economic empowerment and entrepreneurship
  • Hometown Community Development — Enhancing communities in Atlanta through education, youth development, and civic initiatives
  • Employee Giving — Matching contributions made by employees to nonprofit organizations on a two-for-one basis

The Foundation also supports the Coca-Cola First Generation Scholarship program, which provides scholarships to students who are the first in their immediate family to attend college or university.

Grantmaking

The Foundation recently ended its practice of accepting unsolicited grant applications, making direct networking with past grantees or corporate staff the primary pathway for funding consideration.

How to Apply

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Geographic Focus

Where this funder awards grants

The Foundation's grantmaking is global in scope, supporting initiatives in areas where The Coca-Cola Company operates and where its employees live and work. In addition to its Atlanta-based foundation, the corporation operates charitable foundations in Indonesia, Thailand, Bolivia, and Mexico.

Grant Distribution by State

35states
+27 more states

Cities

AlexandriaAnnapolisArlingtonAthensAtlantaBaltimoreBethesdaBirminghamBladensburgBostonBothellBoulderBrookhavenBrooklynCambridgeCass LakeChambleeCharlotteChicagoCincinnati

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Revenue: $342 million
  • Expenses: $118 million
  • Total Assets: $534 million
  • Total Liabilities: $0

The Foundation is required to file IRS Form 990-PF annually.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$94M$188M$282M$376M20202021202220232024
Metric202420232022
Total Assets$533,903,735$309,608,071$266,535,468
Revenue$341,683,053$128,571,584$55,526,124
Expenses$118,437,174$96,737,308$94,945,565
Qualifying Distributions$116,505,217$95,888,203$94,684,802
Net Investment Income$8,641,990$10,343,070$5,364,729
Distributable Amount$13,974,054$13,903,636$15,282,064

Giving Over Time

Total grant dollars and number of grants per year

$0$35M$70M$104M$139M507 grants2020445 grants2021394 grants2022255 grants2023246 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

African Development Bank$1.6MAmerican Online Giving F…$1.6MAVINA AMERICAS INC$1.5MACTED$1.1MAmerican National Red Cr…$1.0MAmerican Online Giving F…$935KAmerican Online Giving F…$877KAmerican Online Giving F…$845KAfrican Reclaimers Organ…$834KAmerican Online Giving F…$775K

Grant Size Distribution

250 grants across all recorded years

11<$50K27$50–100K74$100–250K73$250–500K45$500K–1M20$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Beatriz PerezChair/Director5
John MurphyTreasurer1
Carlos PagoagaPresident30
Mark HarrisAsst Treasurer,Gen Tax Counsel1
Henrique BraunSecretary1
Yasmin AssarGeneral Legal Counsel2
Michael GoltzmanBoard Director1
Saadia MadsbjergPresident30
Marc GoncherGeneral Legal Counsel2

Recent News & Activity

Recent developments and announcements

The Foundation awarded $1 million in grants to strengthen Caribbean plastic recycling initiatives

USD 1 Million Grant from Coca-Cola Foundation to Strengthen Caribbean Plastic

The Foundation announced $4.3 million in World Cup legacy donations

USD 1 Million Grant from Coca-Cola Foundation to Strengthen Caribbean Plastic

The Foundation awarded 16 Active Healthy Living grants

The Coca-Cola Foundation Awards 16 Active Healthy Living Grants

The Foundation awarded a $200,000 Economic Empowerment grant to Operation Homefront

USD 1 Million Grant from Coca-Cola Foundation to Strengthen Caribbean Plastic

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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