Tuesday, April 17, 2007

Coca Cola announces reorganization and change in focus to its charitable giving

The Philanthropy News Digest, a newsletter published by the Foundation Center, to which free subscriptions are available, reports today that the Coca Cola Company, through its Foundation, has announced a restructuring and change in the focus of its charitable giving. Since many students do reports on Coke, I thought this would be of interest.

The newsletter report contains information from an earlier story in an Atlanta newspaper, and includes:

"As part of the shift, the company will refocus its giving, which had targeted education and diversity, on three areas: water cleanliness and supply, recycling with an emphasis on sustainable packaging, and fitness."

The change is to occur by Jan. 1, 2008. I tried Factiva and I didn't find other mention of this announcement.

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