PepsiCo Foundation to Donate $1 Million to Haiti Earthquake Victims; Company also to Provide Bottled Water, Gatorade and Quaker Products
PURCHASE, N.Y., Jan. 14 /PRNewswire-FirstCall/ — The PepsiCo Foundation today announced it will donate $1 million to the earthquake victims in Haiti and that PepsiCo (NYSE: PEP) will provide Quaker products as well as bottled water and Gatorade for the disaster victims through its bottlers in Florida and the Dominican Republic.
Of the $1 million, the PepsiCo Foundation has committed $500,000 for humanitarian relief to be allocated to three of its strategic partners, including the American Red Cross (to be earmarked for Red Cross partners operating in Haiti), Save the Children and Friends of the World Food Program.
The remaining $500,000 of the pledge will be used to support longer-term rebuilding efforts designed to strengthen Haiti’s infrastructure and limit significant damage from future disasters.
About the PepsiCo Foundation
Established in 1962, the PepsiCo Foundation is the philanthropic anchor of PepsiCo, responsible for providing charitable contributions to eligible non-profit organizations. The Foundation is committed to developing sustainable partnerships and programs in underserved regions that provide opportunities for improved health, environment and inclusion. For more information visit: http://www.pepsico.com/Purpose/PepsiCo-Foundation.aspx.
About PepsiCo
PepsiCo offers the world’s largest portfolio of billion-dollar food and beverage brands, including 18 different product lines that each generate more than $1 billion in annual retail sales. Our main businesses – Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade – also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in over 200 countries. With more than $43 billion in 2008 revenues, PepsiCo employs 198,000 people who are united by our unique commitment to sustainable growth, called Performance with Purpose. By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. For more information, please visit www.pepsico.com.
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