East Lake Foundation Receives $75,000 from Walmart Foundation to Improve Economic Stability
August 29, 2014 – The East Lake Foundation today announced it received a $75,000 contribution to improve employment and financial stability in the East Lake community. The grant, which was given through the Walmart Foundation State Giving Program, will be used by the East Lake Foundation’s Resident & Community Support Program (RCSP) to provide education and support through a career development series, financial literacy and home buying workshops, entrepreneurship classes, and interviewing opportunities with employers.
“We are grateful to the Walmart Foundation for renewing their support through this generous grant,” said Daniel Shoy, Jr., president of the East Lake Foundation. “With Walmart’s support, the Resident and Community Support Program will help adults secure employment and improve their families’ economic stability, advancing the East Lake Foundation’s mission to end intergenerational poverty.”
The East Lake Foundation provides residents of the East Lake community in Atlanta with the tools to build a better life for themselves and future generations through a three pillar model: cradle-to-college education, affordable mixed-income housing and community wellness initiatives.
“Walmart is excited to provide continued support to the East Lake Foundation and its impactful programs,” said Glen Wilkins, director of public affairs and government relations at Walmart. “The grant will help adults who live in The Villages of East Lake achieve employment, realize career advancement and improve their financial security.”
Walmart awards grants to organizations that have a long-lasting, positive impact on communities across the country. In Georgia, a team of local associates determine needs within the state, review eligible grant applications and make funding recommendations to the Walmart Foundation. To be considered for support, prospective grantee organizations must submit applications through the Walmart Foundation State Giving Program’s online grant application. Eligible applicants must have a current 501(c)(3) tax-exempt status in order to meet the program’s minimum funding criteria. Additional information about the program’s funding guidelines and application process are available online at http://foundation.walmart.com/apply-for-grants/state-giving.
About East Lake Foundation
Founded in 1995 on the belief that everyone deserves a chance to succeed, the East Lake Foundation collaborates with public and private organizations to provide tools that enable Atlanta’s East Lake residents to build a better future. The East Lake Foundation has become a national model for community revitalization through the support and management of cradle-to-college education at Charles R. Drew Charter School and its early learning partners, mixed-income housing at The Villages of East Lake, and community wellness through programs including The First Tee® of East Lake, the East Lake Community Learning Garden and Urban Farm, East Lake Healthy Connections and a partnership with the East Lake YMCA. This approach to building a strong community not only helps break the cycle of poverty, but creates a community where possibility takes place and people of all ages and incomes choose to live. Additional information is available at www.eastlakefoundation.org.
About Philanthropy at Walmart
Walmart and the Walmart Foundation are committed to helping people live better through philanthropic efforts. By operating globally and giving back locally, Walmart is uniquely positioned to address the needs of the communities it serves and make a significant social impact within its core areas of giving: Hunger Relief & Healthy Eating, Sustainability, Career Opportunity and Women’s Economic Empowerment. Walmart and the Walmart Foundation are leading the fight against hunger in the United States with a $2 billion commitment through 2015. Walmart has donated more than 1 billion meals to those in need across the country. To learn more about Walmart’s giving, visit foundation.walmart.com.
East Lake Foundation Contact: