Wednesday, May 12, 2010

Walmart fights hunger

Posted By on Wed, May 12, 2010 at 9:39 AM

Walmart is announcing today a $2 billion donation in cash and in-kind contributions to "help end hunger in America." Its announcement:

Media Q&A – Live Conference Call

What:   According to a November 2009 United States Department of Agriculture (USDA) report, hunger rates in the U.S. are the highest since 1995 with nearly 15 percent of households lacking access to an adequate supply of nutritious food.
President Obama has referred to hunger as a problem “we can solve together.” In response, Walmart and the Walmart Foundation announced an unprecedented, $2 billion cash and in-kind commitment today, stepping up efforts to help end hunger in America. Walmart will share details of the announcement during a live conference call for media.

The new initiative, “Fighting Hunger Together,” includes four key components:

Donating more than 1.1 billion pounds of food from Walmart stores, distribution centers and Sam’s Club locations, valued at $1.75 billion;

Grants totaling $250 million to support hunger relief organizations at the national, state and local levels;

Mobilizing Walmart associates and customers. For example, Walmart’s logistics team will lend their expertise to help food banks become more efficient in their operations;

and Collaboration with government, food manufacturers and other corporations that are fighting hunger to increase impact and reach a greater number of families in need.


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