"It's just a significant investment in Northwest Arkansas and the quality of life in Northwest Arkansas," said Rob Brothers, program director for the Walton Family Foundation home region.
The plan includes $302 million for area organizations, aimed at shaping a stronger region for families.
"We're sharpening the focus and anticipating greater dollar investments in some of the things that we've always done," Brothers said.
Four main initiatives make up the latest investment strategy. One of those includes establishing Northwest Arkansas as a leader in arts and culture. That's why $10 million went to the Amazeum, which will soon sit in Bentonville.
Amazeum Development Director Molly Rawn said, thanks to the grant, the Amazeum was able to gain support from other donors. The space is set to open in 2015.
"It's just one of yet another one of the wonderful amenities that are coming to this region that will make our region more livable and more attractive and more fun," she said. "The Amazeum is all about kids and families and igniting a passion for life-long learning and sparking creativity."
Brothers and Rawn are both residents of Northwest Arkansas and are excited to see the Walton Family Foundation's vision take shape.
"It's just thrilling to get to be on the ground floor of something that is this exciting and this fun," Rawn said.
"I am interested in the quality of life for not only for myself and my family, but for all of the friends and neighbors that we've come to enjoy over all the years we have lived here," said Brothers.
The Walton Family Foundation's 2020 plan also focuses on strengthening the region's education system, economy, and preserving a sense of place.
To learn more about the Walton Family Foundation, CLICK HERE.