Wal-Mart Foundation Leader Says Some Charities Should Fail

Wal-Mart Foundation’s president, Margaret McKenna, said at a breakfast meeting in Boston that the city has too many nonprofit groups and that instead of fighting for survival during the economic downturn, they should coordinate to find ways to continue their work, reports The Boston Herald.

“The argument that ‘our organization will go out of business’ doesn’t resonate with me,” said Ms. McKenna. What does resonate, she said, is, “Our population will not be served.”