Wal-mart Donating $5 Million To African-american History Museum

Wal-Mart has donated $5 million to the Smithsonian Institution to support the construction of the National Museum of African American History and Culture (NMAAHC) in Washington, D.C.

The museum was established in 2003 by Congress, making it the 19th Smithsonian Institution museum. It will be the only national museum devoted exclusively to the documentation of African-American life, art, history and culture.

"We know the rich history that will soon be on display at the museum is something important to preserve, study and experience," said Sharon Orlopp, global chief diversity officer at Walmart. "We share the Smithsonian Institution’s passion to promote and honor diversity and the contributions that African Americans have made to our country and culture."

Construction for the 300,000 sq. ft. museum is scheduled to begin in 2012 with a grand opening slated for the fall of 2015. Until then, NMAAHC is presenting touring exhibitions in major cities across the country and in its own gallery at the Smithsonian’s National Museum of American History in Washington, D.C. The museum will be built at a cost of about $500 million on a five-acre site adjacent to the Washington Monument on the National Mall.