Tuesday April 23rd, 2013 - 11:41AM
Walmart and the Walmart Foundation have announced that they have donated more than $1 billion in cash and in-kind contributions over the last fiscal year. This is the first time Walmart, or any U.S. retailer, according to the company, has achieved that level of giving. The growth in global giving was largely due to increased in-kind donations in the U.S. to local food banks and families impacted by disasters.
“At Walmart we believe in taking care of our neighbors and our communities,” said Leslie Dach, executive vice president of Corporate Affairs for Walmart.
“One way we can do that is through our giving, and we’ve tried to step up in a big way. We are using our size and the unique strengths of our business to address the issues that enable us to have the most impact in communities around the world, building programs in areas such as hunger relief, job training and support of local schools.”
Overall, Walmart and the Walmart Foundation’s total global contributions of $1.08 billion in the last fiscal year include U.S. giving of $1 billion in cash and in-kind gifts, up from $872.7 million last year; more than 351 million meals to local food banks through Feeding America; 1 million bottles of water to residents impacted by Hurricane Sandy; and $1.9 million in grants to Share Our Strength.
In addition, some of the other initiatives Walmart stores and clubs were involved in included $4.9 million toward first responders; $106.4 million in cash and in-kind gifts given by Sam’s Club and the Sam’s Club Giving Program; and more than 23,000 tons of donated food to hunger relief organizations in Mexico.
Walmart and Sam’s Club customers and associates around the world also raised $156.3 million for local organizations such as the Salvation Army and Children's Miracle Network Hospitals in addition to corporate charity initiatives.