The Associated Press announced this month that the Walton Family would be donating $4.5 million to a University of Central Arkansas initiative that assists charter schools as well as rural school districts.
The Walton Family Foundation has committed the money following a grant for over $400,000 that was pledged last year to establish the center.
The center will provide services to “strengthen open-enrollment public charter schools in Arkansas and to further the fiscal and academic success of rural schools in the state”.
The Walton Family Foundation was created by the heirs to the Wal-Mart fortune. Its purpose is to fund philanthropic initiatives. Click here for a link to the article.
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Monday, December 22, 2008
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