EIN 58-1686023

Coca-Cola Scholars Foundation

IRS 501(c) type
501(c)(3)
Num. employees
8
State
Year formed
1986
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Coca-Cola Scholars Foundation develops an influential community of service-minded leaders who positively shape the world by awarding post-secondary scholarships. During 2022, the foundation made payments totaling $2,505,624 for various scholarships. Additionally, it contributed to initiatives supporting its mission. The organization is located in Atlanta, GA.
Total revenues
$8,693,738
2022
Total expenses
$5,006,629
2022
Total assets
$66,704,418
2022
Num. employees
8
2022

Program areas at Coca-Cola Scholars Foundation

During 2022, the Coca-Cola Scholars Foundation made payments totaling $2,505,624 for the Coca-Cola Scholars Foundation scholarships, crawford t. johnson, iii scholarships, and corinth scholarship. In 2022, the Coca-Cola Scholars Foundation also contributed $437,250 to phi theta kappa. These contributions will be used by phi theta kappa and aacc to provide 350 scholarships to two-year college students currently enrolled in a two-year institution or making the transition from a two-year college to a four-year university.

Grants made by Coca-Cola Scholars Foundation

GranteeGrant descriptionAmount
Phi Theta Kappa Honor SocietyScholarships$437,250

Who funds Coca-Cola Scholars Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncSupport$1,305,874
The Coca-Cola Bottlers' FoundationGeneral Grant$25,000
The O-I Charities FoundationGeneral Operations$12,500
...and 6 more grants received

Personnel at Coca-Cola Scholars Foundation

NameTitleCompensation
James WilliamsDirector$146,235
Jane HopkinsPresident$230,000
Laquanda PrinceTreasurer / Finance Manager$98,148
J Mark DavisPresident and Treasurer$250,500

Financials for Coca-Cola Scholars Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$7,658,195
Program services$0
Investment income and dividends$1,578,089
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-542,546
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,693,738

Form 990s for Coca-Cola Scholars Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-02-24990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
December 23, 2023
Received grants
Identified 4 new grant, including a grant for $1,305,874 from National Christian Foundation / Natl Christian Charitable FDN Inc
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsDisease research fundraisersSchoolsCharities
Issues
Education
Characteristics
Provides grantsConducts researchEndowed supportProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
1 Coca-Cola Plaza Nat 9
Atlanta, GA 30313
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
coca-colascholarsfoundation.org/ 
Phone
(404) 733-5434
Facebook page
CocaColaScholarsFoundation 
Twitter profile
@cokescholars 
IRS details
EIN
58-1686023
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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