PepsiCo Foundation is a member of the American Red Cross’s Annual Disaster Giving Program (ADGP) and Disaster Responder Program. They give $500,000 annually. The PepsiCo Foundation is interested in “a more sustainable food system, from investing in sustained nutrition, to promoting safe water access, effective waste management, and women’s empowerment.” Their mission is “CREATE MORE SMILES WITH EVERY SIP AND EVERY BITE”. Their vision is “BE THE GLOBAL LEADER IN CONVENIENT FOODS AND BEVERAGES BY WINNING WITH PURPOSE”.
To aid in the fight against COVID-19, PepsiCo Foundation donated $71 million globally. They have worked with over 250 partners to aid people who need food and other vital resources because of COVID-19. The foundation provides funding for protective gear for healthcare people. They also fund testing and screening. They are currently giving more than 145 million meals that are nutritious to at risk people. $7 million has been given to the UN Foundation as part of the “One World: Together At Home” campaign. Currently PepsiCo is focused on funding relief related to COVID-19.
PepsiCo Beverages North America (PBNA) has roots that go back to 1898 when Caleb Bradham, an entrepreneur from New Bern, North Carolina, created Pepsi-Cola and offered it to his pharmacy patrons. In 1965, the CEO of Pepsi-Cola, Donald Kendall, and the CEO of Frito-Lay, Herman Lay, formed a single company out of their respective company. They called it “a marriage made in heaven” because it was “perfectly-salty snacks served alongside the best cola on earth”. The vision of Kendall and Lay became one of the world’s leading food and beverage companies called PepsiCo. PepsiCo’s products are eaten more than one billion times a day in more than 200 countries. In 2020, PepsiCo made more than $70 billion. PepsiCo includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. It has 23 brands that make more than $1 billion each annually. The company has seven divisions. Each division has its own unique history and way of doing business. The divisions are PepsiCo Beverages North America; Frito-Lay North America; Quaker Foods North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia/New Zealand and China.
