According to a press release, a $500,000 grant from Wal-Mart will go to the United Negro College Fund to help sixteen HBCUs gain financial stability to ensure their continued mission of providing black students with higher education. Grants of $1 million and $250,000 to the National Urban League and the NAACP respectively will help individuals secure and build successful careers through training and placement assistance and help businesses create more job opportunities. Wal-Mart is providing $1.75 million in grants through its foundation to three of the nation’s biggest civil rights organizations: the NAACP, National Urban League and United Negro College Fund.
“With today’s economic climate there is a growing need to empower individuals in communities nationwide with access to opportunities that will help them live better. Part of this work will come from helping businesses understand and unlock the powerful results that a more diverse workforce has to offer,” said Wal-Mart Senior Director of Corporate Affairs Tony Waller in the release. “By helping one individual at a time build a successful career, we are growing a more competitive work environment. A competitive environment ignites innovation, which helps build stronger communities and, ultimately, a stronger America.”
“Since 2006 we have been able to increasingly grow our workforce training program through ongoing support from the Walmart Foundation and subsequently have exceeded expectations of the number of individuals we’ve been able to serve,” Marc H. Morial, president and CEO of the NUL, said in the press release. “This new grant will help us further strengthen our workforce development programs and continue helping African Americans and other communities of color across the United States secure economic independence and empowerment.”
article by Breanna Edwards via theroot.com