The Walt Disney Company on Wednesday pledged $5 million to support nonprofit organizations that advance social justice, beginning with a $2 million donation to the NAACP.
The initial funds are to help the NAACP further its work on eliminating disparities and racial discrimination through advocacy and education programs.
In a statement, CEO Bob Chapek said:
The killing of George Floyd has forced our nation to once again confront the long history of injustice that black people in America have suffered, and it is critical that we stand together, speak out and do everything in our power to ensure that acts of racism and violence are never tolerated. This $5 million pledge will continue to support the efforts of nonprofit organizations such as the NAACP that have worked tirelessly to ensure equality and justice.
Disney also notes that it has worked closely with groups that advocate for and empower communities of color for years and provided millions of dollars in grants to help students from underrepresented groups attend college.
Additionally, with the Disney Employee Matching Gifts program, employees can increase their impact in their communities by donating to eligible organizations.
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