Washington, D.C. (PRWEB)
July 28, 2017
UNCF today announced a $500,000 grant from the Walmart Foundation that will provide funding and technical assistance to selected UNCF-member institutions. This grant will help these institutions with accreditation efforts and support a summer professional development conference geared toward institutional advancement.
Over the last decade, the Walmart Foundation has granted more than $4 million to UNCF, which includes today’s announcement of $500,000 to support UNCF’s Institute for Capacity Building (ICB), a network-wide initiative that helps strengthen member colleges and universities. Through the Walmart Foundation’s support of ICB, funds and technical assistance can help institutions in areas such as accreditation reaffirmation, enrollment management, fundraising or any area where unforeseen technical assistance may be needed.
“Once again, the Walmart Foundation has made a significant investment in UNCF’s historically black colleges and universities (HBCUs), which in turn results in an investment in America’s future workforce and economic development,” said Dr. Michael L. Lomax, UNCF president and CEO. “Through the continued investment in UNCF’s Institute for Capacity Building, which supports our member HBCUs, Walmart is ensuring that our institutions are given the proper tools to function, to train and equip faculty and staff, and to best serve the students who will become the leaders of tomorrow.”
The five institutions selected for reaffirmation readiness reviews are preparing for the customary 10-year review required by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), their regional accrediting body. Each will receive a $20,000 grant, in addition…