Coca-Cola Foundation gives to dozens of charities in the second quarter
August 12, 2013
Every quarter, a number of larger foundations and grant makers come forward and announce their generosity in bulk at one time. The organizations make it clear that during the past few months, they've given large amounts of money to various smaller groups.
This was the case recently for one of the most well-known companies in the world. The Coca-Cola Foundation revealed that during the second quarter of 2013, it gave $8.8 million in grants to 66 different charities worldwide.
The foundation focused on a few different realms - for instance, it extended $1.9 million to groups involved in physical activity and exercise, while $4.6 million of this total went toward nonprofits honed in on expanding education, community development and other social initiatives.
The groups that received money were from all corners of the globe. For instance, the National Olympic Committee of Ukraine, Landcare Australia and the New Jersey Performing Arts Center were all on the list of recipients.
This, however, is significantly less than the foundation donated during the first quarter of this year. During the first three months of 2013, the Coca-Cola Foundation gave $36 million to nonprofits worldwide.
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