Surprise $1 Million Grant Awarded to the National Council of Negro Women

  Surprise $1 Million Grant Awarded to the National Council of Negro Women

   Grant Honors Ingrid Saunders Jones’ 31 Years of Service to The Coca-Cola
                          Company and the Community

Business Wire

ATLANTA -- May 02, 2013

The Coca-Cola Foundation announced a $1 million multi-year award to the
National Council of Negro Women (NCNW) to support its operating infrastructure
and NCNW’s Economic and Entrepreneurial Development Center, which provides
technical assistance and business development assistance to more than 4,000
women annually.

Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company, made
the surprise announcement at the retirement celebration of Ingrid Saunders
Jones, Chair of The Coca-Cola Foundation and Senior Vice President, Global
Community Connections for The Coca-Cola Company. Jones will retire May 31,
2013, after 31 years of dedicated service. Last year, Jones was elected Chair
of the National Council of Negro Women.

“Ingrid has always had a passion for serving others, lifting them up, and
making a positive difference,” said Kent. “At the same time, Ingrid has a
special affection and passion for helping women, economically disadvantaged
individuals, and people from an African-American background.

“We could think of no better way to honor her Coca-Cola career and her legacy
of service to others than by continuing our support of the National Council of
Negro Women through a $1 million donation.”

NCNW was founded by Mary McLeod Bethune in 1935 as an umbrella organization to
lead, develop, and advocate for women of African descent through research,
advocacy, and national and community-based services and programs dedicated to
health, education, and economic empowerment. Under the leadership of Dorothy
I. Height, who led NCNW for more than four decades, NCNW grew to reach nearly
four million women annually.

Empowering women to thrive in business is a global commitment for The
Coca-Cola Company, which in 2010 announced its 5by20 initiative to empower 5
million women entrepreneurs by the year 2020. The Company also developed the
Global Women’s Initiative, an internal/external program, led by Kent to
advance women to leadership positions within the company and throughout its
external value chain.

About The Coca-Cola Foundation

Since its inception, The Coca-Cola Foundation has awarded more than $500
million to support global sustainable community initiatives, including water
stewardship, community recycling, active healthy living, and education. For
more information about The Coca-Cola Foundation, please go to

About The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is the world's largest beverage company,
refreshing consumers with more than 500 sparkling and still brands. Led by
Coca-Cola, the world's most valuable brand, our Company's portfolio features
16 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero,
vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally,
we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and
juices and juice drinks. Through the world's largest beverage distribution
system, consumers in more than 200 countries enjoy our beverages at a rate of
more than 1.8 billion servings a day. With an enduring commitment to building
sustainable communities, our Company is focused on initiatives that reduce our
environmental footprint, support active, healthy living, create a safe,
inclusive work environment for our associates, and enhance the economic
development of the communities where we operate. Together with our bottling
partners, we rank among the world's top 10 private employers with more than
700,000 system associates. For more information, visit Coca-Cola Journey at, follow us on Twitter at or
check out our blog, Coca-Cola Unbottled, at


The Coca-Cola Company
Wanda Yancey Rodwell
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