Newsroom

Press Releases

Pepsi Bottling Ventures’ Jimmy V Vending Machines Raise More Than $330,000 for the V Foundation

March 5, 2018

Jimmy V logoCary, NC - The V Foundation for Cancer Research, a top-rated cancer research charity, is pleased to announce Pepsi Bottling Ventures has raised $110,741 for cancer research in 2017, bringing the five-year total for the program to $333,772.

Since 2013, Pepsi Bottling Ventures’ customers have donated their commission of the Jimmy V vending machines to the initiative. Pepsi Bottling Ventures, the nation’s largest privately held manufacturer, seller and distributor of Pepsi-Cola beverages, will continue to make the Jimmy V vending machine program available in 2018 to fund cutting-edge cancer research through the V Foundation.

"Pepsi Bottling Ventures has been an incredible partner for the last five years. Their machines are a great reminder of how we can all play a part in stopping cancer,” said Randy Karsten, Managing Director of Strategic and Corporate Sponsorships. “It's a refreshing way to support the nation's best cancer research."

With 1,032 dedicated vending machines across North Carolina and the Conway and Myrtle Beach, South Carolina markets, Pepsi Bottling Ventures’ customers deferred $0.08 of each $1.00 beverage purchased from January to December 2017.

In the first year of the program, 158 machines raised nearly $9,000. With such success, 309 machines were added to the program in 2014, raising an additional $40,000. The program continued to grow, raising $77,000 in 2015 and $96,000 in 2016.

“We are very proud of the continued success of the Jimmy V vending program and the positive impact it has in supporting cancer research efforts,” said Randy Quirk, Vice President of Food Service at North Carolina-based Pepsi Bottling Ventures. “Proceeds from the initiative have grown each year, and we look forward to another strong year in 2018.”

The V Foundation has proudly awarded more than $200 million for cutting-edge cancer research. The V Foundation holds a 4-star (highest) rating from Charity Navigator, America’s largest evaluator of charities, and is among the top 4% of cancer charities of all charities evaluated. The V Foundation is a GuideStar platinum-rated charity.

For more information about the V Foundation or to make a donation, please visit www.jimmyv.org For more information about Pepsi Bottling Ventures, please visit www.pepsibottlingventures.com

About the V Foundation for Cancer Research

The V Foundation for Cancer Research was founded in 1993 by ESPN and the late Jim Valvano, legendary North Carolina State University basketball coach and ESPN commentator. Since 1993, the Foundation has funded more than $200 million in cancer research grants nationwide. The V Foundation awards 100% of direct donations to cancer research and programs. The V Foundation’s endowment covers administrative expenses. The Foundation awards peer-reviewed grants through a competitive awards process strictly supervised by a Scientific Advisory Committee. For more information on the V Foundation or to make a donation, please visit www.jimmyv.org


Press Releases

In this section of the Pepsi Bottling Ventures website, you can reference archived press releases.

5 June 2017
PBV Renews Support for CTNC Initiatives

18 April 2017
Mark Johnson Named Senior Vice President of Sales and Marketing

27 October 2016
Gov. McCrory Announces Expansion by PBV

14 September 2016
Pepsi Bottling Ventures, Western Division Named PepsiCo’s Donald M. Kendall Bottler of the Year for 2015

20 June 2016
PBV Renews Support for CTNC

04 April 2016
Pepsi Bottling Ventures Opens New Facility in Cabarrus County

07 July 2015
PBV Supports Conservation Trust for NC's Efforts to Protect Water Quality and Engage Youth in Conservation

20 April 2015
Pepsi Bottling Ventures to open new Charlotte facility

18 February 2015
Pepsi Bottling Ventures’ Jimmy V Vending Machines Raise Nearly $50,000 for The V Foundation.

13 August 2014
Pepsi Bottling Ventures Supports Conservation Trust for North Carolina’s Efforts to Protect Water Quality and Engage Youth in Conservation

19 June 2014:
Pepsi Bottling Ventures a Sponsor of Got To Be NC Competition Dining Series including upcoming Fire in the Triangle

17 June 2013:
Pepsi Bottling Ventures LLC finalizes acquistion of five county North Carolina territory – Charlotte

10 January 2013:
Pepsi Bottling Ventures recognized as BEVERAGE INDUSTRY’s BOTTLER OF THE YEAR for 2013

11 November 2012:
PBV supports our Veteran employees and local Veterans groups

06 September 2012:
Pepsi Bottling Ventures and Big Red, Inc., announce Distributor Agreement for the Carolinas

22 August 2012:
Pepsi Bottling Ventures’ Raleigh Production Facility Wins North America Caleb Bradham Platinum Award For 2011

13 July 2012:
Pepsi Bottling Ventures Will Expand Operations In Winston-Salem

24 Feb 2012:
Chris McCool Named Senior Vice President of Sales and Marketing for Pepsi Bottling Ventures

01 Jan 2012:
Paul Finney Named President and CEO of Pepsi Bottling Ventures

28 Sept 2011:
PBV of Raleigh, N.C., Named Pepsi-Cola’s Donald M. Kendall Bottler of the Year

04 December 2009:
Pepsi Bottling Ventures Finalizes Acquisition of South Carolina Bottler

24 June 2009:
Raleigh PBV to receive the 2009 Caleb Bradham Platinum Award

26 January 2009:
Pepsi Bottling Ventures recognized as BEVERAGE INDUSTRY’S BOTTLER OF THE YEAR for 2009


Media Relations

If you are a member of a news or media organization and would like additional information about Pepsi Bottling Ventures, please contact:

Public Relations
Pepsi Bottling Ventures, LLC
4141 ParkLake Avenue, Suite 600
Raleigh NC 27612
(919) 865-2300

Bring On The Day