Veterans and families receive $1 million in support from Walmart
May 28, 2013
Former and current members of the military and their families often go through tough times. Not only do they have to contend with serving overseas, but those left in the United States have to run the house and take care of financial responsibilities while their loved ones are away.
The Walmart Foundation is seeking to help these individuals, as it recently announced the creation of a $1 million grant, which will be given to the Institute for Veterans and Military Families. The organization will then be angling the money toward creating another grant program for veteran vocational education at both community and technical colleges in various states.
"Walmart is committed to making that vision a reality by supporting organizations and programs that provide job and skills training to our veterans," former U.S. Army Brigadier General and Senior director of Military Programs at Walmart Gary Profit noted. "These young men and women stood up for us, and now it's our turn to stand up for them."
Walmart and the foundation have made great strides in helping various nonprofit organizations receive the funding they needed in the past. For instance, in 2012, Walmart and the Walmart Foundation together gave more than $1 billion in both cash and in-kind pledges to groups in various focus areas.
Foundations and organizations that provide annual funding might benefit from nonprofit accounting software, which can help board members audit funds and make sure the correct amounts are being distributed to various programs each year.