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Walton Family Foundation is an American private foundation and the main philanthropic organization of the Walton family. It was created in 1987 by Walmart founder Sam Walton and his wife Helen Walton. As of 2023, the foundation's giving focuses on environmental and educational causes, as well as supporting communities in Northwest Arkansas and ...
Walmart Foundation, the philanthropy arm of the U.S. retailer, has pledged $1 million to an Israeli disaster relief and emergency medical service organization. Walmart's donation, reported by the ...
In 2016, Walton donated $225 million among a total $407 million from Walmart heirs to the Walton Family Holdings Trust, which finances the family's philanthropy. [25] Walton formed the Alice L. Walton Foundation in 2017. [26] [21] The foundation promotes arts, education, health, and improving economic opportunity. [26]
The Walton Family Foundation created the Building Equity Initiative to provide charter schools with access to capital to create and expand their facilities. [7] This initiative was established after the foundation announced in 2016 that it would spend $1 billion over the next five years to expand "educational opportunity" by partnering with ...
In 2009, the Walmart Foundation gave more than $53 million to fund educational. While Walmart is not known for its high-skills, high-paying jobs, it certainly gives away a lot of money to college ...
When Sam Walton died in 1992, he left his ownership in Wal-Mart to Helen and their four children. In 2002, as Helen Walton was the president of the Walton Family Foundation, a $300 million donation was made to the University of Arkansas, the biggest donation ever made to a public university in the United States. [5]
[434] Since Sam Walton's death in 1992, however, Walmart and the Walmart Foundation dramatically increased charitable giving. For example, in 2005, Walmart donated US$20 million in cash and merchandise for Hurricane Katrina relief and in 2020 they committed $25 million to organizations on the frontlines of the COVID-19 pandemic response. [ 435 ]
Steuart Walton (born 1981) is an American attorney and businessman. Born into the billionaire Walton family, he is a director of Walmart, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought British cycling brand Rapha in 2017, and founder of Game Composites, a composite aircraft manufacturer.