PepsiCo may be headquartered in the New York area, but New York City hasn’t been its philanthropic focus. Befitting its status as one of the world’s top food and beverage firms, the company has taken on broad global challenges like economically empowering women and increasing access to clean water in developing countries. But a recent gift by the PepsiCo Foundation to the Robin Hood Foundation is all about the Big Apple. And it offers another indication of where corporate philanthropy is heading these days as more companies step forward to address issues of urban equity with an eye on race and gender.
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