Wanna guess who is the leader in Corporate charitable contributions?

Why none other than the Corporation that liberals love to hate -- Wal-Mart. From MS/NBC/AP:
Wal-Mart keeps spot as top corporate charity
Wal-Mart Stores Inc. increased its U.S. charitable giving 10 percent last year to $272.9 million, the world�s largest retailer said Tuesday, likely defending its position as the country�s largest corporate donor of cash.

The rate of growth was lower than a year earlier, when Hurricane Katrina relief helped push the annual rise to 19 percent, but it was ahead of Wal-Mart�s 7 percent rise in net profit last year. The company�s profit for the fiscal year that ended Jan. 31 was $12.2 billion.

Bentonville, Ark.-based Wal-Mart released its annual donation numbers a few days after publicizing its annual bonuses to hourly store workers as it seeks to counter union-led critics by defending its record as a corporate citizen.
Heh... But these donations probably were selected at the Corporate level and given to special cases -- friends of Wal-Mart.
Internationally, Wal-Mart said its donations in 13 other countries where it has stores were also up 10 percent, to $28.9 million.

Wal-Mart said U.S. donations went to organizations including the National Teacher of the Year program, hospital aid group Children�s Miracle Network, the Salvation Army, United Way and food bank America�s Second Harvest.

Wal-Mart said the majority of donations are made at the local level by its 4,000 Wal-Mart and Sam�s Club stores to charities they pick.

�Supporting our local communities is at the very heart of Wal-Mart�s corporate giving philosophy. Our stores and clubs are empowered to support the issues and causes that are important to their neighborhoods,� Wal-Mart spokeswoman Shannon Frederick said.
Bzzzztttt. Wrong... Gotta love a successful business.

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This page contains a single entry by DaveH published on March 27, 2007 8:17 PM.

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