Campbell Announces New Round of Grants, Bringing Fiscal 2022 Total to Over $2 Million

Rhea-AI Summary

Campbell Soup Company (NYSE:CPB) announced a new allocation of 42 Community Impact Grants totaling nearly $1 million to nonprofit organizations in its operational areas. This initiative aims to enhance food access, promote healthy living, and support local neighborhoods, bringing Campbell's fiscal 2022 grantmaking total to over $2 million. The grant process is employee-driven, empowering workers to nominate impactful organizations. Grants include $20,000 each for various initiatives across 30 locations and larger grants for national organizations.

Positive

• Total of nearly $1 million in Community Impact Grants awarded.
• Fiscal 2022 grantmaking exceeds $2 million, indicating strong community engagement.
• Grants support essential programs like nutrition education and youth athletics.

Negative

• None.

Organizations funded to strengthen and empower vibrant communities

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE:CPB) and the Campbell Soup Foundation today announced a new round of 42 Community Impact Grants totaling nearly $1 million to organizations making an impact in the communities where Campbell has operations. The grants provide support to nonprofit organizations operating in Campbell communities whose work aligns with one or more of the focus areas of the Foundation: increasing food access, encouraging healthy living and nurturing Campbell neighborhoods. The latest round brings Campbell’s fiscal 2022 grantmaking total to more than $2 million.

“Campbell is committed to building vibrant communities and making a positive impact in the neighborhoods where our employees live and work,” said Kate Barrett, Campbell’s Director of Community Affairs and Vice President of the Campbell Soup Foundation. “The Community Impact Grants program empowers our employees to give back by nominating organizations making a meaningful impact in their hometowns.”

Community Impact Grants were launched in 2019 to expand the geographic reach of the Foundation’s funding to more communities where Campbell has operations and to engage more employees in the grantmaking process. This year’s grantees include 40 organizations in 30 Campbell plant and office communities and two national organizations supporting local chapters in multiple Campbell communities. The grants will provide funding for a range of important community work including nutritious meal programs, outdoor science and nutrition learning labs, community recreation, youth athletic programs and more.

The grant process is driven by Campbell employees, with nominators at each company location inviting local organizations to apply. The Foundation’s employee-led Executive Committee reviews and rates applications for final approval by the Foundation’s Board of Trustees.

The following grantees will receive $20,000 each:

• Ashland, Ohio – The Salvation Army Ray & Joan Kroc Corps Community Center
• Bentonville, Ark. – Boys & Girls Club of Benton County
• Bloomfield, Conn. – Special Olympics Connecticut
• Camden, N.J. – After-School All-Stars
• Camden, N.J. – Boys & Girls Club of Camden County
• Camden, N.J. – Cathedral Kitchen
• Camden, N.J. – The Food Trust
• Camden, N.J. – UrbanPromise Ministries
• Camden, N.J. – Vetri Community Partnership
• Charlotte, N.C. – Mooresville Soup Kitchen
• Charlotte, N.C. – Out Teach
• Charlotte, N.C. – Second Harvest Food Bank of Metrolina
• Cincinnati, Ohio – La Soupe Cincinnati
• Denver, Penn. – Lancaster County Food Hub
• Denver, Penn. – YMCA of Reading and Berks County
• Downers Grove, Ill. – Northern Illinois Food Bank
• Franklin, Wis. & Milwaukee, Wis. – Hunger Task Force of Milwaukee
• Hanover, Penn. – Hanover Area YMCA
• Hyannis, Mass. – Island Grown Initiative of Martha's Vineyard
• Jeffersonville, Ind. – Center For Lay Ministries
• Lakeland, Fla. – Talbot House Ministries of Lakeland, Inc.
• Lakeland, Fla. – Volunteers in Service to the Elderly (VISTE)
• Maxton, N.C. – Communities in Schools, Robeson County
• Maxton, N.C. – Food Bank of Central and Eastern North Carolina
• Mexico City, Mexico – De Mano a Mano A.C.
• Miami, Fla. – Children's Home Society of Florida
• Milwaukee, Wis. – Groundwork Milwaukee
• Minneapolis, Minn. – Appetite For Change
• Mississauga, Ontario – Mississauga Food Bank
• Norwalk, Conn. – Filling in the Blanks
• Norwalk, Conn. – Person to Person
• Paris, Texas – CitySquare Paris
• Paris, Texas – Northeast Texas Trail Coalition
• Puerto Rico – Banco de Alimentos de Puerto Rico
• Richmond, Utah – Cache Community Food Pantry
• Salem, Ore. – Family Building Blocks
• Tualatin, Ore. – Friends of Zenger Farm
• Tualatin, Ore. – Urban Gleaners
• Willard, Ohio – Second Harvest Food Bank of North Central Ohio
• Willard, Ohio – Willard Parks and Recreation (with United Fund of Willard as fiscal sponsor)

The Foundation also awarded larger grants to the following organizations serving multiple Campbell communities:

• Girls on the Run International ($75,000) – Beloit, Wis.; Cincinnati, Ohio; Downingtown, Penn.; Franklin, Wis.; Goodyear, Ariz.; Napoleon, Ohio; Tualatin, Ore.
• Meals on Wheels of America ($65,000) – Beloit, Wis.; Bentonville, Ark.; Bloomfield, Conn.; Franklin, Wis.; Goodyear, Ariz.; Mississauga, Ontario

Since 1953, the Campbell Soup Foundation has provided financial support to communities throughout North America where Campbell employees live and work, with a focus on increasing healthy food access, encouraging healthy living and nurturing neighborhoods. The Foundation is employee-run, governed by a Board of Trustees and advised by an Executive Committee. To learn more about the Foundation and Campbell’s community affairs programming, visit campbellsoupcompany.com/our-impact/community/.

About Campbell Soup Company

For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Our portfolio includes iconic brands such as Campbell’s, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder’s of Hanover, Swanson and V8. Campbell has a heritage of giving back and acting as a good steward of the environment. The company is a member of the Standard & Poor's 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220405005476/en/

Media:

Amanda Pisano

(856) 342-8590

Amanda_Pisano@campbells.com

Source: Campbell Soup Company

FAQ

What is the amount of the latest Community Impact Grants by Campbell Soup Company (CPB)?

Campbell Soup Company announced nearly $1 million in Community Impact Grants.

How many organizations received grants from Campbell Soup Company (CPB) in 2022?

A total of 42 organizations received grants from Campbell Soup Company.

What is the total grantmaking amount of Campbell Soup Company (CPB) for fiscal 2022?

Campbell Soup Company's total grantmaking for fiscal 2022 exceeds $2 million.

What are the focus areas of the Community Impact Grants by Campbell Soup Company (CPB)?

The grants focus on increasing food access, encouraging healthy living, and nurturing neighborhoods.