The Coca-Cola Foundation Inc
Looking for Coca-Cola grants for nonprofits? The Coca-Cola Foundation Inc is Coca-Cola's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.
The Coca-Cola Foundation Inc is a private foundation based in Atlanta, Georgia. It supports local and global initiatives in places where The Coca-Cola Company operates and where its employees live and work, using partnerships and Coca-Cola system expertise to help implement projects.
The Coca-Cola Foundation Inc at a glance
In short: The Coca-Cola Foundation Inc gave $117.2M across 246 grants in 2024 (avg $476K), top state District of Columbia. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $117,155,948
- +22.1% vs 2023
- Grants made (2024)
- 246
- -3.5% vs 2023
- Average grant
- $476,244
- +26.6% vs 2023
- Median grant
- $256,793
- Total assets
- $533,903,735
- +72.4% vs 2023
- New grantees (estimate)
- 25% first-time grantees (48 of 195, 2024)
- Primary geography
- District of Columbia (25% 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 The Coca-Cola Foundation Inc
- How to Apply
-
The filing lists application materials and says grants are made to organizations recognized as tax-exempt under Section 501(c)(3). It also states that requests for individuals, religious organizations or endeavors, legislative or lobbying efforts, veterans organizations, charitable dinners, fundraising events and related advertising, and organizations not described under Section 501(c)(3) are generally denied.
- Contact
Application contact: Carlos Pagoaga President
Mailing address: One Coca-Cola Plaza Nw, Atlanta, GA 30313
Phone: (404) 689-7363
Email: cpagoaga@coca-cola.com
Website: https://coca-colacompany.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Coca-Cola Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Online Giving Foundation Inc ($9.6M across 13 grants). Together the top 10 received $44.3M.
Organizations only. It also paid 5 grants to individuals ($1,250,000), which are not listed by name.
Grant Size Distribution
1,847 grants across all recorded years
The most common grant size was in the $100–250K range: 680 grants of 1,847 (37%).
Geographic Focus
Where this funder awards grants
The Foundation supports initiatives around the world where The Coca-Cola Company operates and where its employees live and work. Its stated focus includes community development in Atlanta. The 2024 grant list includes projects in Africa, Asia and the Pacific, as well as awards to organizations in Georgia, Washington, DC, Virginia, Florida, and other locations.
Grant Distribution by State
Share of 2024 grant dollars across all 246 itemized grants.
States
Cities
Is The Coca-Cola Foundation Inc open to new grantees?
25%
first-time grantees, 2024
In 2024, 48 of 195 grantees (25%) were first-time recipients. First grants averaged $550K; repeat grants $618K. How we count
Medians: $300K first-time, $250K repeat.
- 47% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+7%). Method
- In 2024 it paid out 834% 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 $94.4M (2022) to $139.0M (2020). In 2024 it made 246 grants totaling $117.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| International Union for Conservation of Nature and Washington, DC | IslandPlas: Advancing Circular Solutions to Plasti c Pollution in African Islands | $5,000,000 |
| United Nations Development Programme Regional Bure | Regional Partnership on Management of Plastic Wast e and Circular Interventions on Plastics in South, South East Asia, and the Pacific | $5,000,000 |
| United States Soccer Federation Inc Fayetteville, GA | Workforce Development Program | $4,000,000 |
| World Wildlife Fund Inc Washington, DC | Recharge Pakistan | $3,000,000 |
| World Wildlife Fund Inc Washington, DC | Plastic Smart Cities Program | $3,000,000 |
| Millennium Water Alliance Washington, DC | Sustainable Access to Safe Water (SASaWa) | $2,232,899 |
| Global Water Challenge Arlington, VA | Transformative WASH Initiatives 2025 in Bolivia, B razil, Ecuador and Mexico | $1,800,000 |
| United Way of Greater Atlanta Inc Atlanta, GA | Child Well Being Impact Fund | $1,650,000 |
| African Development Bank | Mainstreaming circular economy as a green growth strategy in Africa through ACEF | $1,625,000 |
| American Online Giving Foundation Inc Clearwater, FL | January Payment for December Matching Gifts | $1,621,243 |
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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 | $533,903,735 | $341,683,053 | $118,437,174 | $117,155,948 | 246 | $116,505,217 | $8,641,990 | $13,974,054 |
| 2023 | $309,608,071 | $128,571,584 | $96,737,308 | $95,920,861 | 255 | $95,888,203 | $10,343,070 | $13,903,636 |
| 2022 | $266,535,468 | $55,526,124 | $94,945,565 | $94,372,845 | 394 | $94,684,802 | $5,364,729 | $15,282,064 |
| 2021 | $328,454,102 | $178,366,620 | $108,273,521 | $109,190,503 | 445 | $108,025,885 | $6,974,567 | $12,821,111 |
| 2020 | $264,004,314 | $115,110,362 | $139,450,508 | $139,005,704 | 507 | — | $16,939,712 | $11,052,805 |
Under IRS private-foundation payout rules, The Coca-Cola Foundation Inc reported a distributable amount of $14.0M 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 supports local and global changemakers and initiatives. Its stated funding areas also include education and youth development, environmental programs such as water stewardship and community recycling, arts and culture, women’s empowerment, and community well-being.
The filing describes its intended recipients as organizations recognized by the IRS as tax-exempt under Section 501(c)(3). Among its grantees, the United States Soccer Federation says its mission is to serve soccer and grow awareness and participation in the game. The World Wildlife Fund says its mission is to conserve nature and reduce the most pressing threats to life on Earth. Millennium Water Alliance says it provides resources for safe water and sanitation and hygiene training; Global Water Challenge says it works to accelerate universal access to clean water, sanitation, and hygiene. United Way of an individual recipient says it brings people and resources together to improve the well-being of children, families, and individuals in its community.
Grantmaking
In 2024, the Foundation made 246 grants totaling $117,155,948. Grants ranged from $10,000 to $5,000,000, with a median grant of $256,792.
Among the largest awards were $5,000,000 to the International Union for Conservation of Nature for IslandPlas, a project advancing circular solutions to plastic pollution in African islands, and $5,000,000 to the United Nations Development Programme Regional Bureau for work on plastic waste management and circular interventions in South and Southeast Asia and the Pacific. The Foundation also awarded $4,000,000 to the United States Soccer Federation for a workforce development program; two $3,000,000 grants to the World Wildlife Fund for Recharge Pakistan and its Plastic Smart Cities Program; and $1,650,000 to United Way of an individual recipient for its Child Well Being Impact Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Beatriz Perez as Chair/Director; John Murphy as Treasurer; Carlos Pagoaga and Saadia Madsbjerg as President; Mark Harris as Assistant Treasurer and General Tax Counsel; Henrique Braun as Secretary; Yasmin Assar and Marc Goncher as General Legal Counsel; and Michael Goltzman as Board Director.
The Coca-Cola Foundation Inc is led by Saadia Madsbjerg, President on every filing since 2021; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Saadia Madsbjerg
President
On filings since 2021
30 hrs/week
No compensation reported
Carlos Pagoaga
President
New on the 2024 filing
30 hrs/week
No compensation reported
Beatriz Perez
Chair & Director
On filings since 2020
5 hrs/week
No compensation reported
Michael Goltzman
Board Director
New on the 2024 filing
1 hr/week
No compensation reported
John Murphy
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Marc Goncher
General Legal Counsel
On filings since 2021
2 hrs/week
No compensation reported
Henrique Braun
Secretary
On filings since 2023
1 hr/week
No compensation reported
Mark Harris
Assistant Treasurer & General Tax Counsel
On filings since 2023
1 hr/week
No compensation reported
Yasmin Assar
General Legal Counsel
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (5)
- Former: Alfredo Rivera (2020–2023) — President & North America Ou
- Former: Robert J Jordan (2020–2023) — Assistant Treasurer & General Tax Counsel
- Former: Lori George Billingsley (2020–2021) — Director
- Former: Helen Smith Price (2020) — President Retired
- Former: Livingstone Johnson (2020) — General Legal Counsel
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 The Coca-Cola Foundation Inc
How much does The Coca-Cola Foundation Inc give each year?
The Coca-Cola Foundation Inc gave $117.2M across 246 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $95.9M across 255 grants.
What is The Coca-Cola Foundation Inc's typical grant size?
The Coca-Cola Foundation Inc's median grant in 2024 was $256,793, and its average grant was $476,244, across 246 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Coca-Cola Foundation Inc that year got $550K on average.
Where does The Coca-Cola Foundation Inc give grants?
The Coca-Cola Foundation Inc's top state is District of Columbia, with 25% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Georgia (16%) and Florida (10%). The most frequent recipient cities were Atlanta, GA (40 grants), Washington, DC (23 grants), Clearwater, FL (13 grants) and Arlington, VA (11 grants).
Does The Coca-Cola Foundation Inc give general operating support?
Occasionally: 0% of The Coca-Cola Foundation Inc's 2024 grants with a stated purpose (1 of 246) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Coca-Cola Foundation Inc's largest grantees?
The Coca-Cola Foundation Inc's largest 2024 grantees include American Online Giving Foundation Inc ($9,593,907 across 13 grants), World Wildlife Fund Inc ($7,748,915 across 4 grants) and International Union for Conservation of Nature and ($5,276,020 across 2 grants), according to its 2024 IRS Form 990-PF. It also paid 5 grants to individuals ($1,250,000), which are not listed by name. Together they received 19% of its itemized 2024 grant dollars.
How large is The Coca-Cola Foundation Inc?
The Coca-Cola Foundation Inc reported $533.9M in total assets on its 2024 IRS Form 990-PF. It paid out $116.5M in qualifying distributions that year, against a required minimum of $14.0M (roughly 5% of its investment assets).
What does The Coca-Cola Foundation Inc fund?
The Foundation supports local and global changemakers and initiatives. Its stated funding areas also include education and youth development, environmental programs such as water stewardship and community recycling, arts and culture, women’s empowerment, and community well-being. See mission & focus areas ↑
How do I apply for a grant from The Coca-Cola Foundation Inc?
The filing lists application materials and says grants are made to organizations recognized as tax-exempt under Section 501(c)(3). Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Coca-Cola Foundation Inc's EIN?
The Coca-Cola Foundation Inc's EIN (Employer Identification Number) is 58-1574705. IRS Form 990 filing data is available on this page for 2020–2024.
Does Coca-Cola give grants to nonprofits?
Yes. The Coca-Cola Foundation Inc, Coca-Cola's company-sponsored foundation, awarded 246 grants totaling $117.2M in 2024, according to its IRS Form 990-PF. Coca-Cola may also give through corporate programs that are not reported on the foundation's 990.
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
Explore Open Grants
Browse active grant opportunities in The Coca-Cola Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Coca-Cola Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-coca-cola-foundation-inc-morg_2f74b7e8479e45feac60efb860c8fb17
BibTeX
@misc{grantable_581574705_2026,
author = {{Grantable}},
title = {{The Coca-Cola Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-coca-cola-foundation-inc-morg_2f74b7e8479e45feac60efb860c8fb17},
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 The Coca-Cola 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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