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Pepsico Foundation Inc. is a private corporation based in PURCHASE, NY. The foundation received its IRS ruling in 1963. The principal officer is Cd Glin C/O Pepisco Inc.. It holds total assets of $113M. Annual income is reported at $109.6M. Total assets have grown from $92.1M in 2011 to $113M in 2024. The foundation is governed by 12 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New York and Texas. According to available records, Pepsico Foundation Inc. has made 524 grants totaling $236.4M, with a median grant of $50K. The foundation has distributed between $58.6M and $96.9M annually from 2020 to 2022. Individual grants have ranged from $500 to $16.2M, with an average award of $451K. The foundation has supported 316 unique organizations. The foundation primarily supports organizations in Virginia, District of Columbia, California, which account for 28% of all grants. Grantmaking reaches organizations across 38 states. Contributions to this foundation are tax-deductible.
The PepsiCo Foundation operates as PepsiCo Inc.'s primary philanthropic vehicle — classified as a supporting organization (IRS foundation code 04), meaning its grantmaking is tightly integrated with PepsiCo's corporate strategic priorities rather than functioning as an independent endowment. This structural reality is the most consequential factor shaping any outreach strategy.
With $112.97M in assets as of FY2024 and a documented history of annual giving ranging from $34.9M (FY2019) to $87M (FY2020), the Foundation deploys substantial resources — but access is strictly controlled. The Foundation explicitly states it "cannot accept or respond to unsolicited proposals." Grants flow through invitation-only partnerships, pre-screened relationships, and structured programs aligned with PepsiCo's pep+ sustainability agenda.
The path to funding is not through a grants portal. Organizations that receive Foundation grants fall into four categories: major global NGOs with pre-existing PepsiCo partnerships (CARE, Save the Children, World Food Programme, WaterAid, United Way — each with multi-grant histories); employee engagement vehicles including Charities Aid Foundation America ($52.65M cumulative across four grants) and Blackbaud Giving Fund ($5.47M for employee matching); scholarship program administrators (Scholarship America — $16.35M across five grants for NextStep and Family Scholars); and strategic sponsorships tied to corporate sustainability priorities (Alliance to End Plastic Waste — $6M; National Urban League — $8M across four grants).
The Foundation organizes giving around four "Feed Potential" pillars: Supporting Farmers, Expanding Food Access, Bringing Safe Water to Communities, and Unlocking Workforce Opportunities. The Food for Good (FFG) flagship program — 15+ years old, having delivered over 75 million meals — has an established inquiry channel via pepsicoffgecomm@pepsico.com, making it one of the only documented direct-contact pathways to Foundation partnership.
Geography is a meaningful filter. Documented grantmaking concentrates in NY (73 grants), DC (72), TX (59), IL (57), and CA (52) — mapping directly to PepsiCo's operational footprint. Organizations in PepsiCo facility communities have higher natural access not because of a formal geographic preference but because employee engagement is the typical relationship entry point.
For organizations not yet in the Foundation's network, the most realistic pathway is through the $10,000 Community Impact Grant program (100 awards per cycle targeting food security, water, and economic opportunity) combined with proactive engagement on employee giving platforms. Building this entry-level relationship is the documented path to larger, sustained partnership.
Across 155 documented grants, PepsiCo Foundation giving spans from $500 to a maximum of $13.76M, with a median grant of $30,000 and an average of $377,930. This wide distribution reflects two structurally different grantmaking tracks: high-value strategic partnerships ($500K–$13.76M for major NGOs and intermediaries) and programmatic or community grants ($500–$50,000 for local organizations).
Annual disbursements have fluctuated substantially over the observed period. The FY2020 peak of $87M in total giving was driven by extraordinary $115M in corporate contributions during the COVID-19 pandemic. FY2021 declined to $68.2M (grants paid: $58.6M), FY2022 fell to $58M (grants paid: $48.4M), and FY2023 dropped further to $51.7M (grants paid: $38.6M). The most recent confirmed figure from PepsiCo's 2025 Philanthropy ESG report shows approximately $40M in Foundation disbursements — near pre-pandemic baseline levels of $34.9M (FY2019). FY2024 assets of $112.97M (up from $66.4M in FY2023) suggest a significant corporate cash infusion, potentially pre-positioning for a major new program cycle.
Program-area breakdown for FY2025: food access $11M (27.5%); workforce development $11M (27.5%); employee and community engagement $4M (10%); matching gifts and employee scholarships $7M (17.5%); disaster relief $3M (7.5%); farming and regenerative agriculture $4M (10%); safe water $0.6M (1.5%); plastic waste $0.1M (0.25%).
Geographically, grants cluster in NY (73 grants), DC (72), TX (59), IL (57), and CA (52) — over 60% of documented grant count. A secondary tier includes VA (22), GA (19), FL (17), MO (14), and MD (14).
Three intermediary pass-throughs dominate the grantee ledger: Charities Aid Foundation America ($52.65M, four grants — 22.3% of the $236.4M total), Give2Asia ($20.29M, four grants — global employee-directed giving for Asia), and Scholarship America ($16.35M, five grants). Together these account for $89.3M — 37.8% of all documented Foundation giving — reducing the effective pool available for direct programmatic grants to an estimated $15–$25M annually.
The PepsiCo Foundation sits in the upper tier of food-and-beverage corporate philanthropy. Peer figures below are approximate, drawn from publicly available 990 filings and ESG disclosures; figures marked est. should be verified via Candid or ProPublica for the most current year.
| Foundation | Assets (Latest) | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| PepsiCo Foundation Inc. | $113M (FY2024) | ~$40–52M | Food access, water, workforce, farming | Invitation only |
| The Coca-Cola Foundation | ~$150M (est.) | ~$60–80M (est.) | Water, women's empowerment, community | Invitation only |
| General Mills Foundation | ~$85M (est.) | ~$40–50M (est.) | Hunger, nutrition, community | Limited open RFPs |
| Kraft Heinz Company Foundation | ~$30M (est.) | ~$10–20M (est.) | Food security, hunger relief | Invitation only |
| Mondelez International Foundation | ~$20M (est.) | ~$10–20M (est.) | Mindful snacking, youth nutrition | Partnership-based |
PepsiCo Foundation's asset growth from $25M (FY2021) to $113M (FY2024) represents a substantial recapitalization — potentially positioning for a major new program launch or endowment build. Compared to The Coca-Cola Foundation, PepsiCo gives slightly less in total annual dollars but has established a more distinctive programmatic identity through Food for Good and the emerging Food for Tomorrow agricultural research initiative. General Mills Foundation is the only direct peer with documented open-cycle grant opportunities through intermediary partners, making it comparatively more accessible for organizations without an existing corporate relationship. PepsiCo's explicit invitation-only stance — codified on its website — places it at the more restrictive end of the peer spectrum.
The Foundation's most significant recent programmatic announcement came on February 24, 2026, with the selection of five new grant recipients under the Food for Tomorrow initiative (co-funded with National Geographic Society, launched 2025). Researchers in Spain, Ethiopia, Indonesia, and Wisconsin were selected from a global pool spanning 140 countries to conduct on-farm regenerative agriculture science — focusing on wheat, maize, potato, soy, and coffee. Jim Andrews, PepsiCo's Chief Sustainability Officer and a current Foundation Director, has been the public lead on this initiative and the Foundation's broader agricultural research agenda.
In March 2026, PepsiCo announced it had achieved its 2025 pep+ water goals: 100% replenishment of water used across company-owned facilities and full Alliance for Water Stewardship Standard compliance at high water-risk sites. This milestone effectively closes the Foundation's multi-year safe water investment cycle — consistent with the category receiving only $0.6M of the FY2025 Foundation budget, down substantially from prior years when WaterAid alone received $4.3M across four grants.
The Community Impact Grant program awarded $10,000 each to 100 nonprofits across the U.S. and Canada in a recent cycle. While selection criteria are not published as an open RFP, this program represents one of the few documented instances of accessible Foundation grants for smaller organizations.
On leadership: C.D. Glin transitioned from Vice President to Foundation President in October 2022 and continues in that role; Ramon Laguarta (PepsiCo CEO) serves as Chairman. A December 2025 organizational change appointed Athina Kanioura as CEO of Latin America Foods, which may shift regional community investment priorities over time given the Foundation's substantial international giving through CARE and Give2Asia.
Because the Foundation does not accept unsolicited proposals, practical strategy centers on the specific documented pathways that do exist.
Know the two viable entry channels. The Food for Good (FFG) program accepts partnership inquiries from U.S. nonprofits with established meal delivery infrastructure — contact pepsicoffgecomm@pepsico.com or visit foodforgoodmealsolutions.com with a brief program overview. FFG partners are organizations operating summer feeding programs, food pantries, community kitchens, and afterschool nutrition programs. For the $10,000 Community Impact Grants, the pathway runs through PepsiCo's local facility and community affairs networks, not a public portal. Neither channel uses a formal grant application form.
Build the employee relationship before the Foundation relationship. The Foundation's three largest grant recipients — Charities Aid Foundation America ($52.65M), Blackbaud Giving Fund ($5.47M), and United Way ($10.25M) — are employee-directed giving mechanisms. Ensure your organization is registered and searchable on Benevity and YourCause/Blackbaud employee giving platforms. A matching gift relationship creates visibility that can open larger partnership conversations over time.
Mirror the Foundation's quantitative framing. PepsiCo Foundation materials consistently use exact numbers: 75 million meals delivered, 100% water replenishment, $135M total giving. Lead every introductory communication with your metrics: meals served annually, gallons of water accessed, farmers trained, jobs placed, women economically empowered. Generic mission statements will not resonate with this funder.
Time outreach to fall, target Q1 decisions. New partnership announcements consistently emerge in Q1 — the Food for Tomorrow grants were announced February 24, 2026; the Food for Good program aligns with the school meal calendar year. Begin outreach in October–December to position for Q1 partnership conversations.
Pitch a multi-year relationship, not a grant. Documented Foundation partnerships average 3–5 grant cycles: Scholarship America (5 grants), WaterAid (4 grants), CARE (4+ grants), Give2Asia (4 grants). Organizations seeking a single-year award are structurally misaligned with how the Foundation deploys capital. Frame initial contact as a long-term partnership proposal.
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Smallest Grant
$500
Median Grant
$30K
Average Grant
$378K
Largest Grant
$13.8M
Based on 155 grants from the most recent 990-PF filing.
The foundation's food for good (ffg) program is committed to advancing food security to ensure children have access to nutritious meals no matter where they are. (see attachment)
Expenses: $24.8M
Across 155 documented grants, PepsiCo Foundation giving spans from $500 to a maximum of $13.76M, with a median grant of $30,000 and an average of $377,930. This wide distribution reflects two structurally different grantmaking tracks: high-value strategic partnerships ($500K–$13.76M for major NGOs and intermediaries) and programmatic or community grants ($500–$50,000 for local organizations). Annual disbursements have fluctuated substantially over the observed period. The FY2020 peak of $87M in .
Pepsico Foundation Inc. has distributed a total of $236.4M across 524 grants. The median grant size is $50K, with an average of $451K. Individual grants have ranged from $500 to $16.2M.
The PepsiCo Foundation operates as PepsiCo Inc.'s primary philanthropic vehicle — classified as a supporting organization (IRS foundation code 04), meaning its grantmaking is tightly integrated with PepsiCo's corporate strategic priorities rather than functioning as an independent endowment. This structural reality is the most consequential factor shaping any outreach strategy. With $112.97M in assets as of FY2024 and a documented history of annual giving ranging from $34.9M (FY2019) to $87M (FY.
Pepsico Foundation Inc. is headquartered in PURCHASE, NY. While based in NY, the foundation distributes grants to organizations across 38 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roberto Azevedo | CHAIRMAN/DIRECTOR THROUGH 6/23 | $0 | $0 | N/A |
| Stephen Kehoe | DIRECTOR AS OF 06/2023 | $0 | $0 | N/A |
| Jamie Caulfield | DIRECTOR AS OF 11/2023 | $0 | $0 | N/A |
| Hugh Johnston | DIRECTOR THROUGH 11/2023 | $0 | $0 | N/A |
| Jane Wakely | DIRECTOR | $0 | $0 | N/A |
| Christine Griff | SECRETARY | $0 | $0 | N/A |
| Ronald Schellekens | DIRECTOR THROUGH 10/2023 | $0 | $0 | N/A |
| Jim Andrews | DIRECTOR | $0 | $0 | N/A |
| Becky Schmitt | DIRECTOR AS OF 11/2023 | $0 | $0 | N/A |
| C D Glin | PRESIDENT | $0 | $0 | N/A |
| David Flavell | DIRECTOR | $0 | $0 | N/A |
| Ada Cheng | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$113M
Fair Market Value
N/A
Net Worth
$113M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
524
Total Giving
$236.4M
Average Grant
$451K
Median Grant
$50K
Unique Recipients
316
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Charities Aid Foundation AmericaDONOR ADVISED FUND | Alexandria, VA | $11.3M | 2022 |
| Care IncGENERAL SUPPORT | Atlanta, GA | $4.2M | 2022 |
| Scholarship America IncSCHOLARSHIP PROGRAM | Saint Peter, MN | $4M | 2022 |
| Blackbaud Giving Fund LlcMATCHING GIFTS FUND | Plano, TX | $2.7M | 2022 |
| Give2asiaDONOR ADVISED FUND | Oakland, CA | $2.4M | 2022 |
| National Urban League IncGENERAL SUPPORT | New York, NY | $2M | 2022 |
| Recycling PartnershipGENERAL SUPPORT | Atlanta, GA | $2M | 2022 |
| Lebron James Family FoundationGENERAL SUPPORT | Akron, OH | $1.5M | 2022 |
| Indiana University FoundationGENERAL SUPPORT | Bloomington, IN | $1.3M | 2022 |
| Wateraid America IncGENERAL SUPPORT | New York, NY | $1.2M | 2022 |
| World Central Kitchen IncDISASTER RELIEF | Washington, DC | $1.1M | 2022 |
| Save The Children Federation IncDISASTER RELIEF | Fairfield, CT | $1.1M | 2022 |
| American National Red CrossDISASTER RELIEF | New York, NY | $1.1M | 2022 |
| United States Association For UnhcrGENERAL SUPPORT | Washington, DC | $1M | 2022 |
| Friends Of The World Food Program IncDISASTER RELIEF | Washington, DC | $1M | 2022 |
| Global Poverty Project IncGENERAL SUPPORT | New York, NY | $500K | 2022 |
| Inter-American Development Bank (Idb)GENERAL SUPPORT | Washington, DC | $500K | 2022 |
| Circulate Initiative IncGENERAL SUPPORT | Iselin, NJ | $400K | 2022 |
| UnidosusGENERAL SUPPORT | Los Angeles, CA | $330K | 2022 |
| Westchester Community CollegeSCHOLARSHIP PROGRAM | Valhalla, NY | $303K | 2022 |
| Houston Community College FoundationSCHOLARSHIP PROGRAM | Houston, TX | $300K | 2022 |
| City Colleges Of Chicago FoundationSCHOLARSHIP PROGRAM | Chicago, IL | $300K | 2022 |
| Center For Strategic And International StudiesGENERAL SUPPORT | Washington, DC | $300K | 2022 |
| Foundation For The Los Angeles Community CollegesSCHOLARSHIP PROGRAM | Los Angeles, CA | $300K | 2022 |
| Colorado Community College System FoundationSCHOLARSHIP PROGRAM | Denver, CO | $300K | 2022 |