Business & Economy · 2 views
Walmart heirs Olivia and Tom Walton are committing $100 million to America’s maternal death crisis—and betting states and donors will pour in more
The U.S. has one of the highest maternal mortality rates among wealthy nations, research shows, so heirs of the multibillion Walmart fortune are working to drastically lower it.
Summary
The U.S. has one of the highest maternal mortality rates among wealthy nations, research shows, so heirs of the multibillion Walmart fortune are working to drastically lower it. On Thursday, Healthy Moms, Healthy Babies America (HMHBA) announced an initial $100 million, five-year commitment from Olivia and Tom Walton to accelerate efforts to cut maternal deaths in half across the U.S. However, the investment will fund state-matching grants, partnerships, and infrastructure, so HMHBA will use the multimillion-dollar gift as a springboard to drive more public and private capital.
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