Coca-Cola Scholars Foundation
From Wikipedia, the free encyclopedia
The Coca-Cola Scholars Foundation (CCSF) is a non-profit organization that works on behalf and at the direction of the Coca-Cola system (including The Coca-Cola Company, the world's largest producer of non-alcoholic beverages, and its subsidiaries) to provide scholarships to some 1,400 students annually in amounts totaling over $3.4 million each year. The organization is based in Atlanta, Georgia.
As Coca-Cola was approaching its centennial in 1986, leaders in the bottling industry decided to make a large financial gift that then became the Coca-Cola Scholars Program. In its first year, 150 graduating seniors planning on attending college were awarded four-year grants. Later, those grants grew into $20,000 scholarships for 50 students annually and $10,000 scholarships for another 200 students annually ($5,000/year for 4 years and $2,500/year for four years respectively).
Now, the Coca-Cola Scholars Foundation awards $20,000 grants to 150 rising college first-year students annually.
The Foundation launched in 2022 a program to train 7000 African women.[1]
Selection
Typically, the foundation receives between 85,000 and 110,000 applications, from which around 1,500 are selected as semifinalists. Regional representation across the United States is considered in this step.
The 1,500 semifinalists complete written applications from which approximately 250 regional finalists are selected. Regional finalists then complete interviews with prior recipients and CCSF staff, after which 150 Coca-Cola Scholars are selected.[2]
Coca-Cola Scholars are invited to Atlanta for a Coca-Cola Scholars Weekend, where they participate in a leadership development institute, tour local landmarks, engage with Coca-Cola Scholar alumni, and participate in a group community service project. The scholars are also the guests of honor at the annual scholars banquet, where they are celebrated by representatives from the Coca-Cola system, educators, local dignitaries, and sponsors.[3]