More than $2.7 million donated to textbooks from the Walton Family Foundation will go toward supporting undergraduate and graduate programs at several colleges.
Walton Family Foundation President Charles Walton said in a statement that the gift will “support a wide variety of programs that promote education and help students to achieve their full potential.”
The Walton Family is a philanthropic foundation that includes Walton Family patriarch Don Jr., former Wal-Mart CEO Doug McMillon, and his wife, Alice Walton.
In addition to supporting undergraduate students at several private colleges, the foundation also funds “the best graduate and undergraduate programs in the world,” according to the foundation’s website.
“We are thrilled that we are partnering with such an esteemed group of philanthropists to help us fulfill this promise,” Walton said.
The Walton Foundation has been active in higher education over the years.
The family gave $1.4 billion to public schools and $1 billion to colleges and universities over the last three years.
Walmart has previously donated more than $30 million to support the American Federation of Teachers and the National Association of College and University Business Officers.