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The Walton Family Foundation

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Venture Noire Launches New Cohort Program For Black Businesses Thanks to a $1.3M Grant

Venture Noire — a non-profit organization dedicated to supporting Black and minority entrepreneurs — has just announced that its received a multi-year grant from the Walton Family Foundation for the second year in a row, totaling to $1.3 million. According to a press release, the organization will now be using funds from the grant to power the launch of “In The Black” — a new eight-week cohort program that aims to advance the overall health of Black-owned businesses across consumer technology, healthcare and fintech. In The Black will also be looking to tackle the issue of income inequality through enhanced minority workforce creation and development in an effort to close the racial wealth gap in America. In addition to offering courses within the new program, In The Black will host a showcase for participants to showcase their business ideas to industry leaders and investors in Northwest Arkansas. Moreover, a press release reports that Venture Noire also plans to launch a series of...

Mar 18, 2021

Pharrell Williams, The Walton Family Foundation Plan to Tackle Disparities in K-12 Education

The Walton Family Foundation — derived from Walmart founders Sam and Helen Walton — aims to continue to tackle issues in K-12 education in its new five-year strategic plan. For more than three decades, the foundation’s focus has been on three core objectives: protecting rivers, oceans, and the communities they support, advancing its home region of Northwest Arkansas and the Arkansas-Mississippi Delta, and improving K-12 education. Three visionaries including: Marc Sternberg, head of the Walton Family Foundation K-12 Education program; artist and entrepreneur, Pharrell Williams ; president of Echoing Green, Cheryl Dorsey; and co-founder of The Cleveland Avenue Foundation for Education, Liz Thompson gathered to share not only their perspectives but also speak about issues within K-12 education. “Over the past five years, we’ve been encouraged by the vision of new education leaders who are creating new, innovative school models that set students on a path to careers of the future and...

Feb 17, 2021