In 1962, Sam Walton opened the doors of the first Walmart. He recognized the value of bringing affordable products to people in small towns. Walmart has been helping people save money – and live better – ever since. In 1982, the Walmart Foundation was created to help support the communities Walmart serves. Together, Walmart and the Walmart Foundation generally provide more than $1 billion in cash and in-kind annual giving. We focus on areas where we can do the most good - combining the unique strengths of the business alongside our philanthropy. Our ability to draw on Walmart business strengths, providing more than just funding, enables our philanthropy to deliver greater societal impact.