914INC: “Westchester Corporations’ Charitable Involvement”

Rebecca Tekula, PhD, and Anna-Kay Sinclair of The Wilson Center for Social Entrepreneurship at Pace University are interviewed about corporate philanthropy in Westchester—who gives and what they get in return.

Hundreds of companies make a conscious effort to support worthy causes in the county. But what do the companies—and their stockholders—get out of the deal, wondered reporter Dave Donelson in an article appearing in Westchester business lifestyle magazine 914Inc.

It’s not an idle question. Corporate philanthropy is big business in Westchester and it’s growing more important as nonprofit providers of essential social services face budget cuts from state, county, and municipal governments and declines in giving by private individuals.

How big?

According to Anna-Kay Sinclair of The Wilson Center for Social Entrepreneurship at Pace University, there were 971 registered private foundations with assets of over $2.8 billion in the county in 2010. That year, six Westchester-based corporate foundations made up 20 percent of total private foundation revenue—more than $78 million of the $391 million total for the county. The major half-dozen were foundations funded by PepsiCo, Pepsi Bottling Group, IBM, Dannon, Heineken, and MBIA based in Armonk.  

Potential sales growth helps explain what The Wilson Center’s executive director, Rebecca Tekula, PhD, observes: “What I see is less idiosyncratic donations based on the personal interests of the corporate leaders and more social responsibility related to the core business.”

In other words, donations are made not because the CEO likes the opera, but because companies believe it helps build the bottom line.

Wed, Oct 28 at 2:30 Event – Dan Bena, PepsiCo – Why It’s Good Business To Be Green

“Delivering Performance with Purpose: the PepsiCo Journey” Hear first-hand about PepsiCo’s commitment to leaving a positive imprint on society –– directly from Dan Bena, who plays a critical role in PepsiCo’s international sustainability efforts.

PepsiCo takes the “environmental challenge” and finds it’s good business to be green … for the company, its people and the world.

MEDIA ADVISORY Wednesday, October 28 at 2:30 PM, Pace University, NYC

FREE Event, OPEN TO THE PUBLIC

“Delivering Performance with Purpose: the PepsiCo Journey” Hear first-hand about PepsiCo’s commitment to leaving a positive imprint on society –– directly from Dan Bena, who plays a critical role in PepsiCo’s international sustainability efforts.

Who/Speaker: Dan Bena is currently the Director of Sustainability, Health, Safety, and Environment for the international division of PepsiCo, serving as a liaison between technical functions, government affairs, public policy, and field operations to develop key messaging related to sustainable development to internal and external stakeholder groups. This year he was appointed to the Steering Committee of the United Nations CEO Water Mandate, and also serves on the Mandate’s working group for Water as a Human Right. Dan chairs the Water Resources Committee of American Beverage Association, and has been active in the International Society of Beverage Technologists (ISBT), as an elected board member, founder and Chair of the Emerging Scientific Interests Subcommittee, and—most recently—founder and Co-chair of the Subcommittee for Sustainable Development. Bena also serves on the board-sponsored Public Health Committee of the Safe Water Network, which is a not-for-profit organization for which PepsiCo was a founding member, dedicated to advancing sustainable, community-level solutions to provide safe drinking water in developing economies.

When: Wednesday, October 28, 2009 at 2:30 pm

Where: Pace University, One Pace Plaza, Downtown New York City Campus (just East of City Hall), Multipurpose Room

About Performance with Purpose: PepsiCo’s commitment to sustainable growth is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a broad array of choices for healthy, convenient and fun nourishment; reducing the company’s impact on the environment through water, energy and packaging initiatives; and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent.

Event Sponsor: The Center for Global Business Programs at Pace’s Lubin School of Business, whose mission is to enhance the global capabilities of students and faculty by providing high-quality academic and professional experiences, facilitating learning, and supporting applied research in the global environment.

Media RSVP: Samuella Becker, Pace University, Public Information, sbecker2@pace.edu or 212-346-1637 (office); 917-734-5172 (cell).

About Pace. For 103 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube. Follow Pace students on Twitter: NYC | PLV

Wed, Oct 28 at 2:30 Event – Dan Bena, PepsiCo – Why It’s Good Business To Be Green

PepsiCo takes the “environmental challenge” and finds it’s good business to be green … for the company, its people and the world.

PepsiCo takes the “environmental challenge” and finds it’s good business to be green … for the company, its people and the world.

MEDIA ADVISORY Wednesday, October 28 at 2:30 PM, Pace University, NYC

FREE Event, OPEN TO THE PUBLIC

“Delivering Performance with Purpose: the PepsiCo Journey” Hear first-hand about PepsiCo’s commitment to leaving a positive imprint on society –– directly from Dan Bena, who plays a critical role in PepsiCo’s international sustainability efforts.

Who/Speaker: Dan Bena is currently the Director of Sustainability, Health, Safety, and Environment for the international division of PepsiCo, serving as a liaison between technical functions, government affairs, public policy, and field operations to develop key messaging related to sustainable development to internal and external stakeholder groups. This year he was appointed to the Steering Committee of the United Nations CEO Water Mandate, and also serves on the Mandate’s working group for Water as a Human Right. Dan chairs the Water Resources Committee of American Beverage Association, and has been active in the International Society of Beverage Technologists (ISBT), as an elected board member, founder and Chair of the Emerging Scientific Interests Subcommittee, and—most recently—founder and Co-chair of the Subcommittee for Sustainable Development. Bena also serves on the board-sponsored Public Health Committee of the Safe Water Network, which is a not-for-profit organization for which PepsiCo was a founding member, dedicated to advancing sustainable, community-level solutions to provide safe drinking water in developing economies.

When: Wednesday, October 28, 2009 at 2:30 pm

Where: Pace University, One Pace Plaza, Downtown New York City Campus (just East of City Hall), Multipurpose Room

About Performance with Purpose: PepsiCo’s commitment to sustainable growth is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a broad array of choices for healthy, convenient and fun nourishment; reducing the company’s impact on the environment through water, energy and packaging initiatives; and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent.

Event Sponsor: The Center for Global Business Programs at Pace’s Lubin School of Business, whose mission is to enhance the global capabilities of students and faculty by providing high-quality academic and professional experiences, facilitating learning, and supporting applied research in the global environment.

Media RSVP: Samuella Becker, Pace University, Public Information, sbecker2@pace.edu or 212-346-1637 (office); 917-734-5172 (cell).

About Pace. For 103 years Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

Visit Pace on the web: Pace.edu | Facebook | Twitter | Flickr | YouTube. Follow Pace students on Twitter: NYC | PLV