Walmart Inc. and its charitable foundation will donate $25 million to support organizations responding to the coronavirus pandemic, the company said late Tuesday.
The first grants from Walmart and the Walmart Foundation are expected to be issued this week, the company said in a news release. Details regarding the grants will be released as they are finalized, according to the release.
Walmart said the money will be used to "strengthen the global public health response, bolster food security, and support the needs of local communities in the U.S. and internationally."
A breakdown of the funds shows $10 million will support food banks, school meal programs and other programs that provide access to food; $10 million will go to local communities; and $5 million to help countries prevent and manage the virus.
Kathleen McLaughlin, Walmart's chief sustainability officer and president of the Walmart Foundation, said in the release the Bentonville-based retailer hopes the grants "will help to expand critical response efforts as we continue to work together to address the impact of COVID-19."