Press release from Business Wire
The Coca-Cola Foundation Donates $500,000 to Abyssinian Development Corporation to Improve Educational Opportunities for Harlem's Youth
<p class='bwalignc'> <i><b>Grant to Establish Media Center within Bread </b></i><b>&<i> Roses Integrated Arts High School</i></b> </p>
Wednesday, May 23, 2012
The Coca-Cola Foundation Donates $500,000 to Abyssinian Development Corporation to Improve Educational Opportunities for Harlem's Youth11:03 EDT Wednesday, May 23, 2012
NEW YORK (Business Wire) -- The Coca-Cola Foundation, the global philanthropic arm of The Coca-Cola
Company, today awarded a $500,000 grant to the Abyssinian Development
Corporation (ADC), a Harlem-based not-for-profit community and economic
development organization, to establish a student media center within
Bread & Roses Integrated Arts High School.
Muhtar Kent, Chairman and CEO of The Coca-Cola Company, announced the
grant during ADC's Harlem Renaissance Day of Commitment Leadership
Breakfast.
“The Abyssinian Development Corporation shares Coca-Cola's passion for
education—for making sure today's young people get a strong start in
life,” Kent said during the announcement of the grant. “It is our most
profound desire, in all we do, to create value and make a lasting,
positive difference for individuals and families in this community and
around the world.”
The grant will ensure students at Bread & Roses Integrated Arts High
School have access to books, technology software and hardware to support
the school's curriculum. The high school had been beset with a severe
shortage of materials, supplies, desks, and chairs, and a record of
persistently low-achievements, until it was assumed by ADC in 2010.
During today's event, ADC also awarded Muhtar Kent the Harlem
Renaissance Day of Commitment Leadership Award, recognizing his global
commitment to building sustainable communities.
ADC is the only community-based organization designated as an
Educational Partnership Organization by the U.S. Department of
Education. ADC also operates Abyssinian Head Start, and sponsors the
Thurgood Marshall Academy Lower School and the Thurgood Marshall Academy
for Learning and Social Change.
The Coca-Cola Company and The Coca-Cola Foundation have a strong legacy
of supporting educational programs dating back to the Company's earliest
beginnings. In 2011, Coca-Cola invested more than $19 million in
educational initiatives to support academic scholarships, first
generation college scholarships, mentoring; school drop-out prevention;
and reading and literacy education programs.
About The Coca-Cola Foundation
The Coca-Cola Foundation, a global organization, supports sustainable
community initiatives. In 2011, The Foundation awarded more than $70
million to 263 community organizations around the world, including water
stewardship, community recycling, healthy active living and educational
initiatives. For more information about The Coca-Cola Foundation, please
go to www.thecoca-colacompany.com/citizenship/foundation_coke.html.
About Abyssinian Development Corporation
Founded in 1989, Abyssinian Development Corporation is a not-for-profit
comprehensive community and economic development corporation dedicated
to building the human, social and physical capital in Harlem. ADC has
leveraged over $600 million of investments in the Harlem community, and
has over 140 employees.
The Coca-Cola CompanyWanda Yancey Rodwell, +01-404-676-2683
