Walmart and the Walmart Foundation Commit $25 Million to Global COVID-19 Response Effort
BENTONVILLE, Ark., March 17, 2020 — To help meet the critical needs resulting from the global COVID-19 pandemic, Walmart and the Walmart Foundation have committed $25 million to support organizations on the front lines responding to the outbreak.
“In times of need, we see communities come together to do extraordinary things. This pandemic is no different,” said Kathleen McLaughlin, executive vice president and chief sustainability officer for Walmart and president of the Walmart Foundation. “We are humbled by the efforts of our store associates, nonprofit partners, and citizens across the globe who are coming together to support those in need. We hope these grants will help to expand critical response efforts as we continue to work together to address the impact of COVID-19.”
The funds will be used to strengthen the global public health response, bolster food security, and support the needs of local communities in the U.S. and internationally. The commitment is intended to provide:
- $5 million to support global efforts to help countries prevent, detect and manage the coronavirus;
- $10 million to support food banks, school meal programs and organizations that provide access to food for underserved populations; and
- $10 million to support efforts in local communities in the United States and international markets.
The first grants are expected to be issued this week. Details regarding individual grants will be made available as they are finalized.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.
About Philanthropy at Walmart
Walmart.org represents the philanthropic efforts of Walmart and the Walmart Foundation. By leaning in where our business has unique strengths, we work to tackle key social issues and collaborate with others to spark long-lasting systemic change. Walmart has stores in 27 countries, employing more than 2 million associates and doing business with thousands of suppliers who, in turn, employ millions of people. Walmart.org is helping people live better by supporting programs that work to accelerate upward job mobility for frontline workers, address hunger and make healthier, more sustainably-grown food a reality, and build strong communities where Walmart operates. To learn more, visit www.walmart.org or find us on Twitter @walmartorg.