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Coca-Cola Scholars Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581686023 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Coca-Cola Scholars Foundation Inc?

The Coca-Cola Scholars Foundation Inc, situated in Atlanta, Georgia, is a nonprofit organization with a mission to foster a strong community of service-driven leaders. Their primary activity involves offering post-secondary scholarships to deserving students, with the aim of developing influential individuals who can contribute positively to society. In 2022, they distributed funds totaling $2,505,624 for various scholarships, such as the Coca-Cola Scholars Foundation Scholarships, Crawford T. Johnson, III Scholarships, and Corinth Scholarships. Additionally, they contributed $437,250 to Phi Theta Kappa and the American Association of Community Colleges (AACC) to provide 350 scholarships to two-year college students. The foundation has a modest workforce of 8 individuals committed to their noble cause.


Official website here: www.coca-colascholars.org

What do the Facebook reviews say about Coca-Cola Scholars Foundation Inc?

98% of 30 reviewers on Facebook recommend the Coca-Cola Scholars Foundation Inc. Here is a summary of their reviews:

The CCSF is highly praised for its dedication and support toward its scholars and the broader community. Many reviewers express appreciation for the passionate individuals involved with the organization, highlighting their commitment to making a positive impact in the lives of students.

Overall, the sentiment is overwhelmingly positive, with many feeling honored to be associated with such a meaningful foundation that truly values both its scholars and the communities they serve. The noticeable enthusiasm for the foundation's mission reflects its effectiveness in delivering benefits to its participants.


This AI summary has been generated from reviews found on Facebook.

Is Coca-Cola Scholars Foundation Inc legitimate?

Coca-Cola Scholars Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coca-Cola Scholars Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $509,670
Professional Fundraising Fees: $14,342
Other Salaries and Wages: $595,255

For more financial information, click here


Official website here: www.coca-colascholars.org

What is the mission statement of Coca-Cola Scholars Foundation Inc?

The Coca-Cola Scholars Foundation's mission is to foster a community of service-oriented leaders, linked by Coca-Cola, who contribute positively to shaping the world. They achieve this by granting post-secondary scholarships, aiming to develop an influential group of individuals committed to making a difference. By providing financial aid through the Coca-Cola Scholars Foundation Scholarships, Crawford T. Johnson, III Scholarships, and Corinth Scholarships, the foundation supports the educational pursuits of deserving students. In addition, they contribute funds to organizations like Phi Theta Kappa and the American Association of Community Colleges (AACC), enabling them to offer scholarships to two-year college students, thereby helping to empower future leaders.


Official website here: www.coca-colascholars.org

What is the revenue of Coca-Cola Scholars Foundation Inc?

Coca-Cola Scholars Foundation Inc's revenue in 2023 was $6,166,791.


Official website here: www.coca-colascholars.org

Who are the executives of Coca-Cola Scholars Foundation Inc and what are their salaries?

The average compensation at Coca-Cola Scholars Foundation Inc during 2023 was $122,769. There are 9 employees at Coca-Cola Scholars Foundation Inc.

Here are 18 key members and their salaries:


Jane Hopkins (President & Secretary)
  • Compensation: $272,500
  • Related: $0
  • Other: $52,815
James Williams (Highest Compensated)
  • Compensation: $162,000
  • Related: $0
  • Other: $46,081
Laquanda Prince (Treasurer)
  • Compensation: $142,000
  • Related: $0
  • Other: $36,862
Ericia Ward (Highest Compensated)
  • Compensation: $106,500
  • Related: $0
  • Other: $22,401
Carolyn Norton (Highest Compensated)
  • Compensation: $103,000
  • Related: $0
  • Other: $22,214
Lauren O' Brien (Highest Compensated)
  • Compensation: $103,000
  • Related: $0
  • Other: $20,103
Kirk Tyler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Junior Bridgeman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Chang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Dorminy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Francoeur (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gould (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Harrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crawford Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beatriz Perez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Stewart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
T Martin Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coca-colascholars.org

Where can I find the form 990 for Coca-Cola Scholars Foundation Inc?

Coca-Cola Scholars Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.coca-colascholars.org

Learn more at the official website: www.coca-colascholars.org

Mission Statement of Coca-Cola Scholars Foundation Inc

The Coca-Cola Scholars Foundation Inc is committed to fostering a community of influential leaders who are driven by service and aim to positively impact the world. To achieve this mission, the foundation awards post-secondary scholarships. By doing so, the Coca-Cola Scholars Foundation works towards creating a connected network of service-oriented individuals who can make a difference globally.

In essence, the Coca-Cola Scholars Foundation Inc serves as a platform to recognize and support highly motivated and community-minded students. Through their scholarship program, they provide financial assistance to deserving individuals, enabling them to pursue higher education. This, in turn, empowers these scholars to become active contributors to society, carrying forward the foundation's mission of shaping the world positively.

In addition to offering scholarships, the foundation also extends its support to organizations like Phi Theta Kappa and AACC. In 2022, the Coca-Cola Scholars Foundation contributed $437,250 to these organizations, which were then utilized to grant 350 scholarships to two-year college students. This collaborative approach further strengthens the foundation's commitment to nurturing future leaders and fostering a world shaped by service and compassion.

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Impact




October, 2024

The Coca-Cola Scholars Foundation Inc. plays a significant role in fostering an influential community of service-minded leaders. In 2022 alone, it awarded over $2.5 million in scholarships through various programs, including the Coca-Cola Scholars Foundation Scholarships, Crawford T. Johnson, III Scholarships, and Corinth Scholarships. This funding directly impacts students by supporting their educational journeys and enabling them to pursue higher education.

Additionally, the foundation's partnership with organizations like Phi Theta Kappa and the American Association of Community Colleges (AACC) highlights its commitment to supporting two-year college students. A contribution of $437,250 was made to facilitate 350 scholarships for these students, helping them transition from two-year institutions to four-year universities. This initiative not only alleviates financial burdens but also nurtures a new generation of leaders who are equipped to make positive changes in their communities. Overall, the Coca-Cola Scholars Foundation significantly enriches educational opportunities, empowering students to become impactful leaders in society.




This information is meant to be a general summary of Coca-Cola Scholars Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,166,791 (2023)
Expenses
$7,245,211 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,536,243
  • Gross Receipts: $16,300,535

Assets and Liabilities:

  • Total Assets: $66,704,418
  • Total Liabilities: $459,021
  • Net Assets: $66,245,397

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Organization Details

Founding Year

1986

Principal Officer

Jane Hopkins

NTEE Category

Code: B820 - Education

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