The Starbucks Foundation Launches Global Community Impact Grants Initiative, Investing $30 Million by 2030
Posted On March 11, 2022
Seattle – The Starbucks Foundation today announced a $30 million investment by 2030 in a new Global Community Impact Grants portfolio designed to drive locally relevant impact in the communities where Starbucks operates around the world. To scale the initiative, The Starbucks Foundation is inviting partner companies (licensees) which operate the Starbucks brand across its three international regions – Asia Pacific; Europe, Middle East & Africa; and Latin America & the Caribbean – to nominate local nonprofit organizations for grants. These grants are intended to fund programs that create meaningful local or regional impact and expands on the company’s people positive ambition to enhance the well-being of all who connect with Starbucks.
For the inaugural round of grants, which will be awarded this April as part of Starbucks 12th annual Global Month of Good, the company’s international licensees nominated over 80 local nonprofit organizations from more than 40 markets. Grants will be awarded for causes aligned to The Starbucks Foundation’s community impact goals, including youth empowerment, inclusion & diversity, social services, hunger relief, economic opportunity, and coffee-, tea- and cocoa-growing communities.
As part of the initiative, licensees were encouraged to co-invest with The Starbucks Foundation and leverage other resources, including providing in-kind donations and encouraging Starbucks partners (employees) to volunteer, for greater impact:
“In every market we serve, Starbucks partners are making a positive impact in their local communities. We are excited to support them and the organizations they believe in to strengthen those communities, catalyze connections, and amplify the great work already being done,” said Michael Conway, group president, International and Channel Development at Starbucks and board member of The Starbucks Foundation. “We’re also proud to work with our licensed business partners through co-investment to deepen our impact with this truly global effort,” he added.
The Global Community Impact Grants program builds on other initiatives of The Starbucks Foundation including:
“Alsea Foundation is proud to join The Starbucks Foundation by listening, investing in our communities, and making a positive impact for people across the countries where Alsea operates Starbucks stores,” said Ivonne Madrid, director of Alsea Foundation. “Since 2014, we have impacted more than 15,000 lives and we look forward to expanding our partnership, together.”
About The Starbucks Foundation
The Starbucks Foundation strengthens humanity by transforming lives across the world, with a focus on enabling community resiliency and prosperity and uplifting communities affected by disaster. Established in 1997, The Starbucks Foundation is a Section 501(c)(3) charitable organization under U.S. law. Learn more at sbux.co/foundation.