The funding will support the following initiatives:
- Walmart provided a $2,388,430 grant to the Foundation for California Community Colleges to help the California Community College system launch an innovative Online Community College aimed to meet the needs of underserved adult learners. The program will provide an additional option for working learners through a flexible, high-quality and affordable learning program for working adults, providing the skills and credentials needed to improve their social and economic mobility. The college could serve as many as 100,000 learners in the first two years after its initial program launch in 2019.
- Walmart provided a $1 million grant to edX to support the launch of MicroBachelors™ programs, a stackable series of courses learners can take to acquire career-relevant knowledge and gain 21st century skills. These programs will remove learning challenges for working adults, such as cost, time and previous educational experience, and enable learners to advance their careers while also pursuing a Bachelor's degree. The first pilot implementation of a MicroBachelors program will be in California.
- A $250,000 grant from the Walmart Foundation to Code for America will help the organization explore the role government technology systems can play in improving access to quality jobs in the digital age, and identify opportunities where technology can improve outcomes for job seekers. Code for America will engage users and employers in three cities to develop models of improved workforce systems to be scalable across the country to help working adults, educational providers and employers thrive.
“Approximately 2.5 million adults in California between the ages of 25 to 34 years old have a high school diploma but no college degree; however, by 2020, 65 percent of jobs in the U.S. will require a college credential,” said Eloy Ortiz Oakley, chancellor for the California Community Colleges. “Walmart’s support to help implement innovative solutions like the Online Community College will help provide the skills and tools California workers need to succeed not only in today’s high-demand jobs, but also the jobs of the future in our emerging economy.”
In addition, Walmart announced an expansion of its education benefit to include Walmart U.S. eCommerce associates. The company first announced the program in May, which is designed to remove barriers to college enrollment and completion in partnership with Guild Education, a leading education benefits platform. The program will allow Walmart associates to access affordable, high-quality associate’s and bachelor’s degrees in business or supply chain management. Walmart will subsidize the cost of higher education, beyond financial aid and an associate contribution equivalent to $1 a day. Degrees will be offered through the University of Florida, Brandman University and Bellevue University – nonprofit schools selected for their focus and strong outcomes on serving working-adult learners.
For more information on Walmart and the Walmart Foundation’s commitment to opportunity, please visit https://corporate.walmart.com/opportunity.
Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 265 million customers and members visit our more than 11,200 stores under 55 banners in 27 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
About Philanthropy at Walmart
By using our strengths to help others, Walmart and the Walmart Foundation create opportunities for people to live better every day. Walmart has stores in 27 countries, employing more than 2.2 million associates and doing business with thousands of suppliers who, in turn, employ millions of people. Walmart and the Walmart Foundation are helping people live better by accelerating upward job mobility for the retail workforce; addressing hunger and making healthier, more sustainably-grown food a reality; and building strong communities where we operate. We are not only working to tackle key social issues, we are also collaborating with others to inspire solutions for long-lasting systemic change. To learn more about Walmart’s giving, visit foundation.walmart.com.
1McKinsey Global Institute. “Jobs lost, jobs gained: What the future of work will mean for jobs, skills and wages.” November 2017.