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Walton Family Foundation Pledges $2B in Support

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The Walton Family Foundation said Monday that it’s committed to providing $2 billion in philanthropic support during its next five-year grantmaking series.

The foundation it would focus money on three areas: community-driven change to make sure the foundation’s projects fulfill the needs of the community; promoting diversity and inclusion with its projects; and partnering on innovative approaches to bring public and private sectors together. 

The foundation said its projects would, in line with its mission, would be devoted to protecting rivers and oceans, improving K-12 education and investing in northwest Arkansas and the Arkansas-Mississippi Delta region.

“Today’s challenges are more complex and interconnected than ever, and solutions require setting ambitious goals, bringing people with different ideas and backgrounds together, and developing innovative approaches,” said WFF Board Chair Annie Proietti. “As we work toward lasting change for tomorrow, we are committed to unlocking opportunity today and breaking down barriers that stand in the way.”

Caryl M. Stern, the foundation’s executive director, said “To create meaningful and positive change in the communities we serve, we must first listen to and learn from those closest to the complex challenges. That insight will empower breakthrough ideas that are the building blocks for the big system change we hope to achieve.”

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