Walmart gives $2.5 million grant to Brandeis University
July 25, 2013
A lot of the time, when a university needs to raise money for any number of aims, it tends to contact those in its local community or from its alumni population. However, sometimes, a generous foundation will give the academic institution a sum that can be put toward benefiting students for a long time to come.
A recent example of this would be when the Walmart Foundation announced a $2.5 million grant that will go to Brandeis University. The money will be given to the Center for Youth and Communities, a part of the Heller School for Social Policy and Management.
This grant will enable administrators to create summer positions that will be given to at-risk youth in various cities, from Chicago to Houston to San Diego. Part of the money will be used by the center to start conversations about youth jobs, as the summertime employment rate is falling nationwide.
Other than fostering career opportunities, the Walmart Foundation also has numerous other focus areas that it donates to. For instance, there's hunger relief and healthy eating, as well as empowering women in an economic sense.
Organizations that are looking to raise funds through grant opportunities or local campaigns can use nonprofit financial management solutions to improve their chances of success. The software can help program leaders identify potential donors and send out applications with accurate accounting information.