Walmart heiress Olivia Walton is pledging a part of her family\u2019s multibillion-dollar fortune to tackle the maternal health crisis affecting women across the U.S. The CEO of Ingeborg Investments founded her nonprofit Healthy Moms, Healthy Babies America in April, dedicating $100 million over the next five years to cut the country\u2019s maternal mortality rate in half.\u00a0<\/p>\n
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Her mission is deeply personal: As a mother of three young kids, she ran into serious gaps in maternal care herself, despite having access to the resources of a family worth an estimated $500 billion.<\/p>\n
\u201cIt\u2019s personal,\u201d Walton told leadership editor and summit cochair Claire Zillman onstage at Fortune<\/em>\u2019s annual Most Powerful Women conference in Santa Barbara, Calif., on Monday. \u201cI went through it myself, and I saw that even with all my resources, with my family, with my education, it was still really hard.\u201d<\/p>\nWhen Walton had her middle child in 2020, she said that she didn\u2019t get the \u201cpostpartum care she needed\u201d from facilities in her home state of Arkansas. And when she took a step back to look at the full picture, she quickly recognized other women in her state were suffering, too. Arkansas has one of the worst maternal mortality rates in the country, Walton noted, which is around double the national average.\u00a0<\/p>\n
\u201cWomen are dying in Arkansas from complications from giving birth at the same rate they are in Cuba. And don\u2019t forget\u2014never forget\u2014that for Black and brown women, the mortality rate is three times higher,\u201d Walton said. \u201cWe have the medicine, we have the science. What we need is the political will. We need the awareness.\u201d<\/p>\n
Now she and her husband, Tom Walton, are hoping to turn awareness into action with their bipartisan nonprofit campaign. Through Healthy Moms, Healthy Babies America, they\u2019re using \u201cevery tool in the toolbox\u201d to drive change\u2014from storytelling and advocacy work, to coalition-building and catalytic grant-making. Arkansas and Kansas will each receive $10 million from the foundation to improve their maternal health. The issue could worsen as we head into the next year, due to Medicaid cuts and changes in the way the American Medical Association bills patients, Walton said. But she said she has hope people on both sides of the political spectrum can agree on one thing when it comes to maternal health care: \u201cEverybody wants healthy families.\u201d<\/p>\n
However, a $100 million pledge isn\u2019t enough to sustain that progress on its own. Walton stressed the importance of bolstering the maternal health workforce with more midwives and doulas. And beyond getting more workers into the industry, she called on employers to improve their pregnancy and postpartum benefits. After all, large, self-insured companies that improve their perinatal benefits see their costs come down and outcomes improve, Walton said.<\/p>\n
\u201cExpand your benefits,\u201d the philanthropist said. \u201cTake better care of moms, not because it\u2019s the right thing to do, but because it\u2019s usually the smart thing to do for your business.\u201d<\/p>\n<\/div>\n
#Walmart #heir #Olivia #Walton #investing #100M #halve #U.S #maternal #mortality #rate #years<\/p>\n","protected":false},"excerpt":{"rendered":"
Walmart heiress Olivia Walton … <\/p>\n","protected":false},"author":1,"featured_media":6686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5941,4811,479,1683,7619,4390,1338,7621,886,9798,40,6995,2764,7622,9800,1980,9796,8403,6234,473,126,687,952,9799,81,167,3643,9797,84],"class_list":["post-6685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-100m","tag-arkansas","tag-billionaires","tag-charity","tag-childbirth","tag-children","tag-family","tag-halve","tag-health","tag-heir","tag-investing","tag-kansas","tag-kids","tag-maternal","tag-mortality","tag-most-powerful-women","tag-mothers","tag-mpw-summit","tag-olivia","tag-philanthropy","tag-rate","tag-u-s","tag-walmart","tag-walton","tag-wealth","tag-women","tag-worker-benefits","tag-working-moms","tag-years"],"yoast_head":"\n
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