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By funding "bottler's grants," retailer-based initiatives and other programs, Pepsi has used the program to shore up its internal relationships, as well as its connection to the larger community.
The Pepsi Refresh Project (PRP) was a 2010 initiative by PepsiCo to award $20 million in grants to individuals, businesses and non-profits that promote a new idea that has a positive impact on their community, state, or the nation. The project is completely separate from the Pepsi Corporate Foundation and uses money budgeted for marketing. [1]
Roughly half of the nonprofit's $303 million in external grants came from federal sources in the 2023 calendar year. "Research is a crucial component of Cleveland Clinic’s mission. We are ...
It was founded in 1978 by Alex Malaspina, a former Coca-Cola executive (who was affiliated with ILSI until 2001), [2] [3] and it is partially financed by its 300+ members, which includes food and chemical corporations such as BASF, McDonald's, Syngenta and Pepsi. [4] In 2020, the organization's revenue was US$10.1 million. [5]
PepsiCo's flagship product, Pepsi Cola, has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola wars. Although Coca-Cola outsells Pepsi Cola in the United States, PepsiCo within the North American market is the largest food and beverage company by net revenue.
Los Angeles County has filed suit against the world's largest beverage companies — Coca-Cola and Pepsi — claiming the soda and drink makers lied to the public about the effectiveness of ...