PURCHASE, N.Y., May 30, 2011 /PRNewswire/ -- The PepsiCo Foundation announced today its commitment of $500,000 to non-profit partners leading relief and recovery efforts in Missouri as a result of tornados and severe weather. This contribution is in addition to a $125,000 commitment the Foundation has made to areas of the southern United States affected by recent storms.
"The people of Joplin and other communities affected by these devastating storms are in our thoughts and prayers. They need our help more than ever, and the entire PepsiCo family will fully support the recovery and rebuilding process along the way. During difficult times like these, we are all neighbors and we can all lend a helping hand," said PepsiCo Chairman and CEO Indra Nooyi.
The PepsiCo Foundation is working with long-time partners the American Red Cross and Feeding America to help support their immediate relief efforts, and has offered to double match the charitable contributions that PepsiCo associates make to these organizations. In addition to financial contributions, PepsiCo continues to send in-kind food and beverage donations such as Gatorade, Propel, Lipton, Tropolis and Quaker bars to non-profit organizations providing local support to communities in need.
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 education. 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 19 different product lines that generate more than $1 billion in annual retail sales each. Our main businesses -- Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi Cola -- also make hundreds of other enjoyable and wholesome foods and beverages that are respected household names throughout the world. With net revenues of approximately $60 billion, PepsiCo's people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo's promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment, including by conserving energy and water usage, and reducing packaging volume; to provide a great workplace for our associates; and to respect, support, and invest in the local communities where we operate. For more information, please visit www.pepsico.com.
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