PepsiCo Celebrates Its 50th Anniversary by Giving Back to the Chicago Community
November 18 2015 - 8:05AM
Business Wire
“50 for 50 Community Give Back” Grants
Presented to Chicago Cares Inc. and Big Brothers Big Sisters of
Metropolitan Chicago
In celebration of PepsiCo’s (NYSE: PEP) 50 years as a combined
food and beverage company, PepsiCo Chicago is giving back to the
local community through strategic grants and volunteer events.
PepsiCo Chicago is home to many of PepsiCo’s most iconic and loved
nutrition brands, including Quaker, Tropicana, Naked Juice and
Gatorade.
For more than five decades, PepsiCo and the PepsiCo Foundation
have worked to build brighter futures in the communities where we
operate through employee volunteerism and community giving. This
year, as part of the company’s overall “50 for 50 Community Give
Back” program, the PepsiCo Foundation is supporting Chicago Cares
and Big Brothers Big Sisters of Metropolitan Chicago with grants of
$62,500 each. The PepsiCo Foundation will be providing 82 grants
totaling $5 million globally.
“A key aspect of our 50th anniversary celebration is making a
positive difference in the communities that have supported us and
made our success possible,” said Lauren Burns, Senior Director of
Communications at PepsiCo. “As a volunteer myself, I couldn’t be
more proud that we are contributing to the great work that Chicago
Cares and Big Brothers Big Sisters do for Chicagoans.”
The “50 for 50” program engaged employees to participate and
select the organizations that ultimately received the grants. More
than 5,000 employees have volunteered with Chicago Cares and Big
Brothers Big Sisters of Metropolitan Chicago over the years.
Since 1991, Chicago Cares has been creating volunteer
experiences that connect people and communities to meet critical
needs within diverse areas from hunger to education to job
readiness. “Chicago Cares mobilizes tens of thousands of volunteers
annually to make an impact in every corner of the city,” said Jenné
Myers, chief executive officer of Chicago Cares. “Through this
charitable grant and local employees’ volunteerism, PepsiCo is an
integral part of this critical work, and will make a lasting and
positive change in Chicago.”
Fellow grant recipient Big Brothers Big Sisters of Metropolitan
Chicago has been empowering at-risk youth and improving their
lifelong success through its high impact, professionally supported
one-to-one mentoring program since 1967. Arthur Mollenhauer, chief
executive officer for the organization, added that the grant will
“provide a key investment to increase capacity and meet new demand
in our Community and Site based mentorship programs throughout the
four county Metropolitan area we serve. In addition, we can
leverage the success we have had with the PepsiCo organization in
development of our Workplace Mentoring program.”
For more information about the PepsiCo Foundation, visit
http://www.pepsico.com/Purpose/Global-Citizenship.
About the PepsiCo Foundation
Established in 1962, the PepsiCo Foundation is the philanthropic
anchor of PepsiCo, collaborating with non-profit organizations to
develop innovative solutions to challenges facing underserved
communities around the world. In support of PepsiCo's commitment to
Performance with Purpose, the PepsiCo Foundation provides grants to
eligible non-profit organizations to advance progress in the fields
of Human, Environmental, and Talent Sustainability. For more
information, visit:
http://www.pepsico.com/Purpose/Global-Citizenship.
About PepsiCo
PepsiCo products are enjoyed by consumers one billion times a
day in more than 200 countries and territories around the world.
PepsiCo generated more than $66 billion in net revenue in 2014,
driven by a complementary food and beverage portfolio that includes
Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana. PepsiCo's
product portfolio includes a wide range of enjoyable foods and
beverages, including 22 brands that generate more than $1
billion each in estimated annual retail sales.
At the heart of PepsiCo is Performance with Purpose—our goal to
deliver top-tier financial performance while creating sustainable
growth and shareholder value. In practice, Performance with Purpose
means providing a wide range of foods and beverages from treats to
healthy eats; finding innovative ways to minimize our impact on the
environment and reduce our operating costs; providing a safe and
inclusive workplace for our employees globally; and respecting,
supporting, and investing in the local communities where we
operate. For more information, visit www.pepsico.com.
Follow PepsiCo:
- Twitter (@PepsiCo)
- Facebook
- PepsiCo Press Releases
- PepsiCo Multimedia
- PepsiCo Videos
About Chicago Cares, Inc.
Chicago Cares creates volunteer experiences that connect people
and communities to meet critical needs and build a stronger
Chicago. Founded by Leslie Bluhm and Mary Prchal in 1991, Chicago
Cares is the city’s leading nonprofit service organization that has
mobilized 500,000 volunteers to meet Chicago’s most challenging
needs. For more information, visit www.chicagocares.org.
About Big Brothers Big Sisters of Metropolitan
Chicago
For more than 100 years, Big Brothers Big Sisters has operated
under the belief that inherent in every child is the ability to
succeed and thrive in life. As the nation’s largest donor and
volunteer supported mentoring network, Big Brothers Big Sisters
makes meaningful, monitored matches between adult volunteers
(“Bigs”) and children (“Littles”), ages 6 through 18, in
communities across the country. We develop positive relationships
that have a direct and lasting effect on the lives of young
people. For more information, visit www.bbbschgo.org.
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PepsiCo, Inc.Shana Andrews,
312.821.2392shana.andrews@pepsico.com
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