The Coca-Cola Foundation Pledges $500,000 to the Atlanta Women's Foundation to Empower Women and Girls in the Atlanta Community

Muhtar Kent, Chairman and CEO of The Coca-Cola Company, pledged $500,000 on October 27 to the Atlanta Women's Foundation (AWF) to support economic empowerment initiatives impacting Atlanta's women and girls. Kent made the announcement during his keynote address at "Numbers Too Big To Ignore," an annual fundraising luncheon hosted by the Atlanta Women's Foundation.

"As we look ahead, women will play a transformative role in shaping our global economy and society over the next decade," said Kent. " The real drivers of the 21st century will be women. They are already the most dynamic and fastest-growing economic force in the world.

"When we look locally at the very real needs for women's economic empowerment and growth in our own community, our goal is to build on previous work with the Atlanta Women's Foundation in a way that inspires others," said Kent.
Supported through The Coca-Cola Foundation, the philanthropic arm of The Coca-Cola Company, the grant includes an economic empowerment challenge that through Oct. 27, 2012, will match dollar-for-dollar, up to $250,000, contributions made to AWF initiatives that help women develop tools and skills needed for economic self-sufficiency.

The grant also includes $250,000 to support programs to empower girls between the ages of 8 and 18 to make positive choices about education, careers and lifestyle.
The Atlanta Women's Foundation has granted more than $10 million to 250 nonprofit organizations since it was founded in 1986. It awards grants to nonprofit organizations serving women and girls, develops leadership programs for women, educates the public on challenges facing women and girls and advocates on their behalf. The Coca-Cola Company has previously awarded nearly $800,000 to the Atlanta Women's Foundation for sponsorships, general operating and program support.

Empowering women to thrive in business is a global commitment for The Coca-Cola Company. Last year, the Company announced its 5 BY 20 program, an initiative to empower 5 million women entrepreneurs throughout its global system by 2020. And last month, the Company outlined a key step in achieving this commitment through a new partnership with United Nations Women to provide new business training, mentoring and access to financial resources to women-owned businesses across the Coca-Cola value chain.


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