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
20182019202020212022$0$20m$40m
Total expenses
$5,006,629
2022
20182019202020212022$4m$6m$8m
Total assets
$66,704,418
2022
20182019202020212022$30m$50m$70m
Num. employees
8
2022
20182019202020212022048

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 4 more grants received

Personnel at Coca-Cola Scholars Foundation

NameTitleCompensation
Ulysses L. Bridgeman, Jr.Chief Executive Officer
LaQuanda PrinceDirector of Finance and Operations$98,148
Kyle WalcottDirector of Advancement
James WilliamsDirector$146,235
Ericia WardSenior Manager , Operations , Strategy , and Special Projects
...and 3 more key personnel

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
November 2, 2024
Updated personnel
Identified 8 new personnel
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $12,500 from The O-I Charities Foundation
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
Nonprofit Types
Grantmaking organizationsDisease research fundraisersSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsConducts researchEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online 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
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0144210
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-04
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