Walmart pledges $2 Million to Fund Diversity Internships

Walmart pledges $2 Million to Fund Diversity Internships

The Associated Press

July 24, 2018 03:17 PM

Walmart plans to donate $2 million to two congressional minority caucus foundations to fund programs for students and young professionals.

The Bentonville-based retail behemoth said Tuesday that the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute will each receive three-year, $1 million grants which will go toward paid congressional internships, housing, monthly stipends, professional development and leadership training.

In a press release, the company cited statistics from the Pew Research Center that show that while non-white Americans comprise approximately 36 percent of the population, less than 20 percent of congressional representatives are people of color.

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Officials from each of the foundations say internships are crucial to careers in public policy. The grants will bring Walmart's total donation to the two foundations to more than $6 million.

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