Wal-Mart/Sams Clubs Give $130,000 to Hispanic Education
Donation made to Hispanic Association of Colleges and Universities
Bentonville, AR. (June 2, 1999) Wal-Mart Stores, Inc., announced a two year commitment of $130,000 to the Hispanic Association of Colleges and Universities (HACU). The money was presented to HACU officials in San Antonio, Texas, and will be used to support retail business students at five institutions of higher learning across the nation.
"Wal-Mart is committed to supporting diversity and furthering the education of todays youth," said Emerson Goodwin, Director of the Wal-Mart Foundation. "This donation will allow our company to support educational opportunities at five different Hispanic Serving Institutions (HSIs) across the country," he added.
The funds will be divided between five schools each receiving $10,000 in 1999 and 2000 for students majoring in the area of retail business. The remaining $30,000 will be used by HACU to assist in its efforts to promote educational access for the nations growing Hispanic student population.
"We are proud to be recognized as a primary source of support for educational access by Hispanics in America," stated Dr. Antonio Flores, HACU President. "To receive financial support from Wal-Mart and Sams Clubs demonstrates we are having success in identifying to corporate America the importance of educating Hispanics," he added.
HACU will coordinate distribution of scholarships to ensure students enrolled in retail business curricula at the five designated universities will receive Wal-Mart Achiever Scholarships for up to two years. The recipient schools are San Diego State University, California State University-Chico, Texas A&M, University of Arizona and University of Florida, all of which are HACU members. These schools have either a strong retail business curricula or have developed business centers to promote the retail industry.
HACU, established in 1986, is an international association of higher education representing more than 200 HSIs where Hispanics constitute a minimum of 25% of the total enrollment at either the graduate or undergraduate level. HACU also has associate and international members. HACU's mission is to promote the development of member colleges and universities; to improve access to and the quality of postsecondary educational opportunities for Hispanic students; and to meet the needs of business, industry, and government through the development and sharing of resources, information, and expertise.