Walmart Commits $10 Million to the Veteran Community
Retailer will address veterans’ needs and place a special emphasis
on supporting job readiness and training
What: As part of its ongoing support of our nation’s military and veterans, Walmart and the Walmart Foundation will launch a five-year, $10 million commitment to the veteran community, placing a special emphasis on supporting job readiness and training of returning servicemen and servicewomen. This funding will allow Walmart and its Foundation to further support nonprofits that assist our veterans in their pursuit of higher education and enable them to more easily reintegrate into civilian life.
According to the U.S. Department of Labor, more than 250,000 veterans were unemployed as of March 2010. As one of the nation’s largest private employers of veterans, Walmart made this $10 million commitment to address the alarming unemployment situation facing our veterans and create even more job opportunities for those who so bravely protected our country.
Walmart and the Walmart Foundation actively support our nation’s armed forces through recruitment, donations, partnerships and programs geared toward making their and their families’ lives better.
When: Monday, Nov. 8, 2010
6:00 a.m. (CT)
Who: Gary Profit, Senior Director of Military Recruitment, Walmart
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About Philanthropy at Walmart
Walmart and the Walmart Foundation are proud to support the charitable causes that are important to customers and associates in their own neighborhoods. The Walmart Foundation funds initiatives focused on education, workforce development, economic opportunity, environmental sustainability, and health and wellness. From Feb. 1, 2009 through Jan. 31, 2010, Walmart and the Walmart Foundation gave more than $512 million in cash and in-kind gifts globally, $467 million of which was donated in the U.S. To learn more, visit www.walmartfoundation.org.