Are there any specific requirements or restrictions for grant recipients?
Asked a year ago
Yes, there are specific requirements and restrictions for grant recipients of the Walmart Foundation. To be eligible for funding, organizations must be tax-exempt under section 501(c)(3) of the Internal Revenue Code, or be a government entity such as a school or municipality. The grants are primarily focused on supporting charitable causes in the areas of hunger relief and healthy eating, sustainability, women's economic empowerment, and career opportunity. However, they do not fund individuals, religious organizations for religious purposes, political campaigns, or lobbying activities. Additionally, grants cannot be used for endowments, capital campaigns, or debt reduction. Recipients are required to submit progress reports, acknowledging that funding will only be provided for specific projects or initiatives. Overall, the Walmart Foundation seeks to support organizations that align with their mission and have a measurable impact in addressing societal challenges.
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