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A pan-African initiative launched by The Coca-Cola Foundation in partnership with OceanHub Africa to identify and support innovative, science-driven solutions to plastic waste. The program provides catalytic funding and venture-building support to transition ideas from concept to market-ready businesses.
Funding for grassroots, community-led initiatives that enhance plastic waste recovery, reuse, upcycling, and sustainable livelihoods. This program is part of the IslandPlas project, funded by The Coca-Cola Foundation and implemented by IUCN under the Great Blue Wall initiative.
The Coca-Cola Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1984. The principal officer is Carlos Pagoaga. It holds total assets of $533.9M. Annual income is reported at $404.6M. Total assets have grown from $244M in 2011 to $533.9M in 2024. The foundation is governed by 6 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Global and Atlanta (hometown). According to available records, The Coca-Cola Foundation Inc. has made 1,601 grants totaling $438.5M, with a median grant of $150K. Annual giving has decreased from $139M in 2020 to $95.9M in 2023. Individual grants have ranged from N/A to $7.4M, with an average award of $274K. The foundation has supported 826 unique organizations. The foundation primarily supports organizations in Georgia, District of Columbia, Virginia, which account for 30% of all grants. Grantmaking reaches organizations across 34 states. Contributions to this foundation are tax-deductible.
The Coca-Cola Foundation operates as the strategic philanthropic arm of The Coca-Cola Company, founded in 1984 and now with over $1.7 billion in cumulative grants awarded. Its grantmaking philosophy is explicitly corporate-aligned: the six focus areas — water access, watershed conservation, disaster preparedness, recycling/circular economy, economic prosperity, and Atlanta hometown causes — map directly onto the company's most significant operational risks, regulatory pressures, and community goodwill obligations.
The most critical fact for any prospective grantee: this foundation does not accept unsolicited proposals. The Community Partner Portal at coca-cola.smartsimple.com is a grantee management system, not a prospect portal — access requires an invitation from foundation staff. Organizations that submit cold approaches have them returned without review. This is not an obstacle to work around; it is the fundamental design of the grantmaking model.
What types of organizations does the foundation favor? The top grantees reveal a clear profile: large, globally sophisticated NGOs with established operational track records and measurable impact frameworks. Recipients like IUCN ($6.6M), Nature Conservancy ($4.9M), World Wildlife Fund ($4.1M), CARE ($5.5M), Global Water Challenge ($6.7M), and WaterAid ($1.5M) share three traits: they operate at scale, they work in geographies aligned with Coca-Cola's global bottling system, and they deliver quantifiable outputs the company can report to shareholders.
For smaller or newer organizations, the realistic pathway in runs through specific channels: - Bottling partner endorsement: Local Coca-Cola bottlers in Latin America, Africa, and Southeast Asia frequently champion regional NGO relationships with the foundation. Establishing a working relationship with a bottler's sustainability or corporate affairs team is a legitimate opening. - Coalition embedding: Platforms already in the foundation's portfolio — Global Water Challenge, Water and Development Alliance, The Recycling Partnership, Ocean Conservancy's Trash Free Seas — provide organic visibility to program officers over time. - Atlanta civic track: For U.S.-based organizations, the hometown priority is a real differentiator. The foundation has sustained multi-year commitments to Woodruff Arts Center ($6.2M), United Way of Greater Atlanta ($6.7M), Spelman College ($1.56M), Morehouse School of Medicine ($1.56M), Atlanta Police Foundation ($3.7M), and Community Foundation for Greater Atlanta ($5.4M). Nonprofits embedded in the Atlanta education, youth, workforce, arts, or civic safety ecosystem have the lowest barrier to engagement.
Annual giving at The Coca-Cola Foundation has held in the $87M-$140M range across the past decade, with a COVID-era spike in FY2020 ($139.5M, largely disaster and vaccine response) and a post-pandemic normalization to $94-$108M. The most recent complete filing (FY2023) shows $95.9M in grants paid and $96.7M in total giving, against $120M in contributions received from The Coca-Cola Company. FY2024 data reveals a dramatic development: total assets surged to $533.9M from $309.6M in 2023 — a 72% increase on $341.7M in total revenue — positioning the foundation for meaningfully larger grantmaking in the 2025-2026 period.
Across 1,601 recorded grants totaling $438.5M in historical data: - Median grant: $149,756 - Average grant: $273,885 - Range: $10,000 to $6.1M per award - Annual volume: 200+ grants per year
The distribution is bimodal. Dozens of grants fall in the $50,000-$200,000 range (institutional support for specialized organizations), while a significant share of total dollars flows through larger transformative awards: - Global Environment & Technology Foundation: $20M across 20 grants (WASH/water security globally) - American Online Giving Foundation: $15M (employee matching gifts platform) - Coca-Cola Matching Gifts Program: $13.4M - American National Red Cross: $7.5M (multi-disaster relief) - Emergency Assistance Foundation: $7.2M (employee disaster fund) - Boys & Girls Clubs of America: $7M - United Way of Greater Atlanta: $6.7M - Global Water Challenge: $6.7M (watershed/WASH) - IUCN: $6.6M (watershed and marine conservation) - Woodruff Arts Center: $6.2M (Atlanta arts)
Water, WASH, and watershed protection dominate. Conservative analysis of the top grantees suggests 60-65% of total dollars flow to water access, sanitation, watershed restoration, or water-adjacent climate resilience. Recycling and circular economy programming — The Recycling Partnership ($2.2M), Ocean Conservancy ($2.9M), Avina Americas ($3.2M, inclusive recycling in Latin America) — accounts for roughly 10-15%. Disaster relief spiked in 2020-2021 and has since normalized. Atlanta civic and cultural causes receive consistent $5-10M/year in aggregate.
Geographically, Georgia leads domestic grant counts (262 grants), followed by DC-registered national organizations (149), New York (87), Virginia (63), and Florida (40). By dollar volume, international programs across Africa, Latin America, Asia-Pacific, and Europe almost certainly account for the majority of disbursements given the scale of global WASH investments.
The Coca-Cola Foundation occupies a distinct tier among major corporate foundations — smaller than mega-philanthropies like Gates or Ford, but significantly larger than most single-consumer-goods-company foundations. Its closest peers share environmental mandates and invitation-only models.
| Foundation | Est. Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| The Coca-Cola Foundation | $534M | $96M (FY2023) | Water, climate resilience, recycling, Atlanta | Invitation only |
| PepsiCo Foundation | ~$100M | ~$50M | Water, nutrition, agriculture, women | Invitation only |
| Walmart Foundation | ~$500M | ~$300M | Food security, workforce, sustainability | Some open cycles |
| Caterpillar Foundation | ~$50M | ~$30M | Water, food security, global development | By invitation |
| UPS Foundation | ~$50M | ~$15M | Diversity, workforce, disaster relief | By invitation |
The Coca-Cola Foundation sits in the same asset tier as the Walmart Foundation but deploys far less annually ($96M vs $300M+), suggesting either deliberate reserve-building or a forthcoming grantmaking expansion now that FY2024 assets have surged to $533.9M. Walmart is the outlier among peers — it runs structured open grant cycles with posted deadlines, making it more accessible for organizations that cannot secure an invitation-based relationship.
Against PepsiCo Foundation — the most direct corporate peer — Coca-Cola gives roughly double the annual amount and operates at substantially greater international breadth, particularly in water access and watershed conservation. Both are invitation-only, but Coca-Cola's water replenishment mandates and recycling ESG targets provide clearer alignment language for environmental NGOs.
For organizations pursuing multiple corporate funders simultaneously, Caterpillar Foundation is the most complementary target for water and food security programming: similar focus, similar invitation-only model, and typical grant sizes of $50K-$150K that allow relationship-building without competing with Coca-Cola's larger commitments.
The most significant recent grant announcement came January 21, 2026, when the International Rescue Committee publicized a new Coca-Cola Foundation investment to scale its anticipatory action model across climate-vulnerable African nations. The IRC's 'Follow the Forecasts' approach deploys multi-purpose cash assistance, nutrition support, and WASH services 4-6 months before predicted climate hazards — drought or flooding — rather than responding after disasters strike. The initial deployment reached approximately 5,600 people across 800 households in Mudug, Somalia. IRC President David Miliband framed the investment as enabling households to 'prepare financially' and avoid destructive coping mechanisms. The grant amount was not publicly disclosed, but the program is being designed for replication across multiple climate-vulnerable African countries.
Also in early 2026, the foundation continued its education commitment through the seventh cohort of the TMCF/Coca-Cola Foundation First Generation HBCU Scholarship, offering up to $5,000 per scholar attending Thurgood Marshall College Fund member institutions. The Cohort 7 application closed January 16, 2026, representing ongoing investment in first-generation HBCU students — a theme consistent with the foundation's Atlanta-rooted ties to Spelman College ($1.56M) and Morehouse School of Medicine ($1.56M).
The most striking financial development is the FY2024 asset surge: $533.9M in total assets compared to $309.6M in FY2023 — a $224M increase fueled by $341.7M in total revenue. This almost certainly reflects a major capital infusion from The Coca-Cola Company, consistent with the pattern of periodic large contributions ($175M in FY2021, $120M in FY2023). Saadia Madsbjerg remains President; Beatriz Perez continues as Chair/Director; John Murphy serves as Treasurer.
The Coca-Cola Foundation requires a fundamentally different approach than almost any other major funder. There is no application portal to find, no deadline to meet, no RFP to respond to. The foundation operates on a relationship-managed, invitation-only model, and organizations that understand this — and position themselves accordingly — are the only ones that ever receive grants.
Build the relationship before any ask. The effective sequencing is: (1) establish operational presence in a Coca-Cola priority geography or sector, (2) get referenced by an existing grantee or bottling partner, (3) be invited for a conversation, (4) receive an invitation to submit through the Community Partner Portal. Skipping steps 1-3 and going straight to step 4 results in a polite rejection.
Water organizations: work the bottling system. Coca-Cola's global bottling partners are the most reliable channel for international water and WASH organizations. Identify which Coca-Cola bottler operates in your geography (Latin America, Africa, Southeast Asia) and contact their sustainability or corporate affairs team with a concise one-pager. Bottlers actively refer promising NGOs to the foundation — it serves both parties.
Atlanta organizations: work the civic network. For U.S. nonprofits, the hometown priority is a real entry point. The foundation has sustained multi-year relationships with United Way of Greater Atlanta, Boys & Girls Clubs of America, Community Foundation for Greater Atlanta, Spelman College, and Atlanta Police Foundation. Organizations embedded in these networks — or co-presenting at shared events — gain visibility with foundation staff who oversee the hometown portfolio.
Use the right language. Proposals (when invited) should directly reference Coca-Cola's public ESG commitments: water replenishment targets, the 2040 goal of reducing plastic waste mismanagement to 9%, and building climate resilience in supply chain communities. Organizations that speak this language signal alignment in a way generic community benefit language does not.
Be ready with metrics. The foundation specifically asks for impact monitoring plans. Have a well-defined theory of change with quantifiable outputs (households with water access, tons of plastic diverted, watershed area restored) before any conversation begins. Global environmental and WASH NGOs are competing for the same dollars — measurement rigor differentiates.
Never wait for a cycle. There is no grant cycle. Relationships developed in any month can lead to an invitation at any time.
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Smallest Grant
$10K
Median Grant
$150K
Average Grant
$245K
Largest Grant
$6.1M
Based on 445 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Annual giving at The Coca-Cola Foundation has held in the $87M-$140M range across the past decade, with a COVID-era spike in FY2020 ($139.5M, largely disaster and vaccine response) and a post-pandemic normalization to $94-$108M. The most recent complete filing (FY2023) shows $95.9M in grants paid and $96.7M in total giving, against $120M in contributions received from The Coca-Cola Company. FY2024 data reveals a dramatic development: total assets surged to $533.9M from $309.6M in 2023 — a 72% in.
The Coca-Cola Foundation Inc. has distributed a total of $438.5M across 1,601 grants. The median grant size is $150K, with an average of $274K. Individual grants have ranged from N/A to $7.4M.
The Coca-Cola Foundation operates as the strategic philanthropic arm of The Coca-Cola Company, founded in 1984 and now with over $1.7 billion in cumulative grants awarded. Its grantmaking philosophy is explicitly corporate-aligned: the six focus areas — water access, watershed conservation, disaster preparedness, recycling/circular economy, economic prosperity, and Atlanta hometown causes — map directly onto the company's most significant operational risks, regulatory pressures, and community go.
The Coca-Cola Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 34 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Saadia Madsbjerg | President | $0 | $0 | N/A |
| John Murphy | Treasurer | $0 | $0 | N/A |
| Robert J Jordan | Asst Treasurer,Gen Tax Counsel | $0 | $0 | N/A |
| Marc Goncher | General Legal Counsel | $0 | $0 | N/A |
| Alfredo Rivera | President, North America OU | $0 | $0 | N/A |
| Beatriz Perez | Chair/Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$533.9M
Fair Market Value
N/A
Net Worth
$533.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1,601
Total Giving
$438.5M
Average Grant
$274K
Median Grant
$150K
Unique Recipients
826
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| International Union For Conservation Of Nature AndIslandPlas: Advancing Circular Solutions to Plastic Pollution in African Islands | Washington, DC | $5M | 2023 |
| Fundacion Moises BertoniAllies for Recycling | Asuncion | $2.2M | 2023 |
| World Economic ForumGlobal Plastic Action Partnership in Laos, Philippines, Vietnam and Zambia | Cologny | $2M | 2023 |
| World Wildlife Fund IncRecharge Pakistan | Washington, DC | $2M | 2023 |
| Technoserve IncPlastics Recycling Program in Southern Nigeria | Arlington, VA | $2M | 2023 |
| Fundacion Avina PanamaAllies for Water Access (South Zone) | Panama City | $1.7M | 2023 |
| United Way Of Greater Atlanta Inc2023 Child Well Being Impact Fund Investment College and Career Ready and Economic Stability AAP 2023 Investment CareerReady ATL 2023 Investment | Atlanta, GA | $1.6M | 2023 |
| Conservation International FoundationConservation International Ventures: Mangrove Positive Livelihood Investments | Arlington, VA | $1.5M | 2023 |
| Avina Americas IncExpanding Latitud Rs Model: Driving Progress Toward a Circular Economy via Inclusive Recycling | Washington, DC | $1.5M | 2023 |
| World VisionDistrict level universal coverage Kalawa, Kenya | Federal Way, WA | $1.4M | 2023 |
| University Of California Santa BarbaraBuilding on the Success of the Clean Currents Coalition | Santa Barbara, CA | $1.4M | 2023 |
| Building Markets LtdBuilding Markets Circular Marketplace | Brooklyn, NY | $1.3M | 2023 |
| American Online Giving Foundation IncJanuary Payment - 2023 Matching Gifts Program | Clearwater, FL | $1.2M | 2023 |
| Kiva MicrofundsThe Coca-Cola Foundation + Kiva: Empowering Micro and Small Businesses Globally | San Francisco, CA | $1.1M | 2023 |
| Robert W Woodruff Arts Center Inc2024 Operations Funding - Woodruff Arts Center | Atlanta, GA | $1.1M | 2023 |
| Kabang Kalikasan Ng Pilipinas Foundation IncProject COPE | Quezon City | $1M | 2023 |
| Imagine H2o IncSustainable Access Solutions Partnership II | San Francisco, CA | $1M | 2023 |
| United States Soccer Federation IncWorkforce Development Program | Chicago, IL | $1M | 2023 |
| Turkish Red CrescentTurkiye: Pazarcik Earthquake | Ankara | $1M | 2023 |
| Inter-American Development BankFuente de Innovacion | Washington, DC | $1M | 2023 |
| American ForestsCreating Fire Resilient Landscapes and Healthy Resilient Forests for the Future | Washington, DC | $1M | 2023 |
| International Federation Of Red Cross And Red CresMorocco Earthquake Relief | Geneva | $1M | 2023 |
| Nature ConservancyNature for Water Facility - Implementation Partner | Arlington, VA | $1M | 2023 |
| Water Missions InternationalSafe Water Programing: Luuka and Buyende Districts (Uganda) and Dodoma District (Tanzania) | North Charleston, SC | $1M | 2023 |
| The Global Environment And Technology FoundationGlobal Water Challenge - Building Resilience in South African Watersheds Year 3 | Arlington, VA | $928K | 2023 |
| Ocean ConservancyTrash Free Seas | Washington, DC | $750K | 2023 |
| Global Forest Generation IncAccion Andina | North Hero, VT | $750K | 2023 |
| United Nations Development Programme ChinaStrengthening Water Resource Management to Help Achieve 2030 Sustainable Development Goals (SDGs) with Focus on SDG #6 | Beijing | $700K | 2023 |
| The David Rattray FoundationFirst Generation Scholarships for Rural, Black South Africans | Kwazulu Natal | $609K | 2023 |
| Accion InternationalFrom Access to Resilience: Promoting the Growth of Small Businesses | Washington Dc, DC | $600K | 2023 |
| Pan American Development FoundationEmpowering Circular Systems for a Sustainable Future | Washington, DC | $600K | 2023 |
| Charity Global IncRural Safe Water Programing for Cambodia, India and Pakistan | Hagerstown, MD | $600K | 2023 |
| Ozel Sektor Gonulluleri Dernegi (Corporate VolunteMy Sister My Shero | Istanbul | $600K | 2023 |
| Emergency Assistance Foundation IncCoca-Cola Employee Disaster Relief Fund | Orlando, FL | $550K | 2023 |
| Wwf Central And Eastern EuropeLiving Danube Partnership 2.0 | Vienna | $534K | 2023 |
| Water And Sanitation For The Urban PoorEnhancing Water Resilience in Low-income Communities: Demonstrating potential to scale | Dhaka | $500K | 2023 |
| Water For PeopleReaching Everyone Forever in Bolivia | Greenwood Village, CO | $500K | 2023 |
| Wwf VietnamLarge scale nature-based solutions to enhance conservation and local livelihoods in Plain of Reeds, Dong Thap province. | My Dinh | $500K | 2023 |
| Wateraid America IncDriving Innovative Water Supply Schemes for Access to Safely Managed Water for Communities affected by Water Crisis in South Asia | New York, NY | $500K | 2023 |
| Splash InternationalEthiopia WASH in Schools | Seattle, WA | $500K | 2023 |