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Campbell Awards $800,000 in Community Impact Grants

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The Campbell Soup Company (NYSE: CPB) announced $800,000 in Community Impact Grants to 40 nonprofits, enhancing community welfare in areas where it operates. This initiative, totaling over $2.2 million for fiscal 2023, aims to improve food access and promote healthy living. 35% of the recipients are first-time awardees, supporting various programs, including food pantries and nutrition education. The grants empower Campbell employees to nominate organizations making a significant local impact. Since 1953, the Campbell Soup Foundation has focused on community support, fostering initiatives that nurture neighborhoods and enhance health.

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  • Total of $800,000 in grants awarded, enhancing community support.
  • More than $2.2 million allocated in fiscal 2023 for community initiatives.
  • 35% of this year's grant recipients are first-time awardees.
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Employee-led program strengthens Campbell communities

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) and the Campbell Soup Foundation today announced $800,000 in Community Impact Grants to 40 nonprofit organizations positively impacting communities where Campbell operates. The grants provide support to organizations that increase food access, encourage healthy living and nurture Campbell neighborhoods. The latest round brings Campbell’s fiscal 2023 grantmaking total to more than $2.2 million.

“Campbell is committed to making a positive impact in the communities where we operate,” said Kate Barrett, President of the Campbell Soup Foundation. “Community Impact Grants empower our employees to give back by nominating organizations that make a meaningful impact in their hometowns.”

Each year, Campbell employees nominate and invite local organizations to apply for grants. The Foundation’s employee-led, all-volunteer Executive Committee reviews applications for final approval by its Board of Trustees. The grants support a variety of programs including food pantries, farmers’ markets, initiatives to reduce food waste and increase nutrition education, physical activity programs, and the development of parks and public spaces. This year’s grantees include organizations in 26 Campbell communities from 16 states, Puerto Rico, Canada and Mexico. 35% of this year’s recipients are first-time awardees.

The following grantees will receive $20,000 each:

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 2022 net sales of $8.6 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.

Media Contact:

Emma Wright

(609) 558-6529

Emma_Wright@campbells.com

Source: Campbell Soup Company

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