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Coca-Cola awards $17.8m to initiatives during fourth quarter
The Coca-Cola Foundation awarded $17.8m in grants to 83 organisations worldwide during the fourth quarter.
The grants include $3.6m to support water stewardship projects, $3.7m to support fitness and nutrition programmes, $3.9m to support education programs and $1.6m to support recycling initiatives.
Additionally, $4.9m will support other local priorities, such as disaster relief, HIV/AIDS prevention, youth development, arts and culture, and local civic initiatives.
Ingrid Saunders Jones, chairperson of The Coca-Cola Foundation, said: “As a local company in more than 200 countries, The Coca-Cola Company has a role to play in building sustainable communities. Our consumers increasingly expect us to be part of their community’s solution; and through our support of these 83 programmes, we are making a powerful difference to improve lives and help communities thrive.”
In 2011, The Coca-Cola Foundation awarded more than $70m to 263 community organisations worldwide.
Source: The Coca-Cola Company
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