Wal-Mart using charity to push expansion

Started by TheCat, June 17, 2015, 12:23:51 PM

TheCat

QuoteWhen is a charitable contribution not a charitable contribution?

More than a dozen groups claim in a new complaint to the Internal Revenue Service that Wal-Mart's charitable activities through its Wal-Mart Foundation was less about improving neighborhoods and more about reducing opposition into its target expansion markets, which include D.C.

The Washington Post reports that the groups claim the nonprofit Wal-Mart Foundation's activities are closely tied to urban expansion areas in multiple cities, including Washington, where Wal-Mart has opened two new stores in recent years, has two others under construction at Fort Totten and East Capitol Street and has another one on the way at Skyland...

http://www.bizjournals.com/jacksonville/blog/morning-edition/2015/06/community-groups-accuse-wal-mart-of-using-charity.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bizj_jacksonville+%28Jacksonville+Business+Journal%29

thelakelander



To be honest, I wouldn't mind seeing them donate some foundation money locally and open an urban store somewhere in Jax's core! We need all the help we can get! Sure beats the proliferation of the metal sheds Family Dollar and Dollar General have been putting up all over town.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

spuwho

It would be interesting to know what that additional dough paid for. Lining the pocket of a community leader or actual contribution to the neighborhood.