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BACKGROUND
The
Thomas and Jeanne Elmezzi Private Foundation, was established in September 1996. The basis
of the foundation rests in the beliefs and values of its founder,
Thomas Elmezzi. Those beliefs are rooted in the tenets of the preamble
to the Constitution, by which all people are deemed worthy of and
entitled to happiness and equality.
About
Thomas Elmezzi
Born
in Dec of 1914, to a poor immigrant family in one of New York's
poor neighborhoods, Thomas Elmezzi began his career during the great
depression at the age of 16 working for Loft Candies in Queens.
In 1931, Charles Guth, then President of Loft Candies went to a
bankruptcy sale in Richmond Virginia and bought Pepsi's formula,
trademark and goodwill for his own corporation. Tom, still working
for Loft Candies and only 18 years of age at that time revised and
developed the new formula for Pepsi-Cola along with his mentor John
Ritchie. In 1951 he altered the formula again to meet the tastes
of changing times and from that time until he left the company in
1968, he was the only man on Earth who actually knew how to make
Pepsi!
Imagine
a 16 year old kid working as a lab assistant making chocolate in
a candy factory, then at age 18 helping his mentor streamline the
formula, annd again in 1951 on his own created the new formula for
Pepsi. He also created the formula for Diet Pepsi. He traveled extensively
around the world from plant to plant to mix the concentrate because
he was the only one who knew how to.
From
those humble beginnings Tom Elmezzi went on to become the "Worldwide
Head of Production" for Pepsi-Cola and helped to launch Pepsi
in Canada, Cuba, Germany, Mexico and the Philippines all before
he turned 30. He later on went on to setup bottling operations and
launch Pepsi in Argentina, Australia, Bermuda, Brazil, Colombia,
France, Ghana, Greece, Japan, Peru, South Africa, Spain, Turkey,
Uruguay and Venezuela.
In
September of 1963, Tom turned down the job of being the President
of the Pepsi-Cola Company as he saw himself more of an operations
man and he saw the job of the President largely as one of public
relations and socializing. After he retired from Pepsi Co., in 1968,
Tom, only 54 years of age then continued to remain active in business
ventures such as Intercontinental Foods, King Cola and Cascade Specialties.
To
give back to those who are less fortunate than himself, Tom Elmezzi
started the Thomas and Jeanne Elmezzi Foundation in 1996. According
to Tom, "That guy upstairs--- He blessed my family and me with
this money. So I have to give back. If you are one of those who
have ways of helping people, it behooves you to do so, in my opinion."
Sadly, Mr. Elmezzi passed away on October 3, 2005 followed by his wife a few days later.
Up until their passing, at age 90 and 94 respectively, Tom and his wife Jeanne remained
active in the charitable activities of the foundation.
Suggested
Reading: The Man Who Kept The Secret - A Biography of
Thomas Elmezzi by Robert Lockwood Mills with Harry Maurer.
To order a copy, contact the foundation at info@jetfoundation.org

PHILOSOPHY
The
philosophy of the Thomas and Jeanne Elmezzi Foundation mirrors the
philosophy of its founder. We believe that all people are entitled
to pursue their dreams and have the right and obligation to be productive and contributory members of
this society. We recognize that situations and circumstances (socio-economic,
health, personal) befall some individuals that impede their development
and restrict opportunity.
The
assets of the foundation currently stand at approximately $5 million.
On an average the foundation makes grants of $400,000 annually.

BOARD
OF DIRECTORS
Jose
Rivero
Chairman
Stephen
J. Saft
Secretary
Alfred
La Rosa
Treasurer
Allen
Freed
Dominick
Fortino
Lynn
Grossman
Nivia
Pedroza
Jack
Sollazzo
Staff
Jose Rivero
CEO
Christopher
Cutter
Program Officer

ANNUAL
990 FILINGS
Form 990 - 2006 (PDF)
Form 990 - 2005 (PDF)
Form
990 - 2004 (PDF)
Form
990 - 2003 (PDF)
Form 990 - 2002
(PDF)
Form 990 - 2001 (PDF)
To
view and print the PDF files listed above, you will require the
Adobe Reader. Click the icon below to download and install the software
for your operating system.


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