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Wal-Mart’s Giving in America Grows by 8%

February 26, 2008, 1:25 pm

Wal-Mart Stores increased its charitable giving in the United States by 8 percent last year, reports the Associated Press.

The company said it donated $296.2-million last year. That followed a year in which Wal-Mart increased donations by 10 percent.

Wal-Mart said donations overseas grew sharply — rising by 50 percent, to $41-million.

The company has said that its profits rose last year by 12 percent.

Wal-Mart gave more cash donations in 2005 and 2006 than any other large company that provided data in The Chronicle’s annual survey of corporate donations.

(Free registration is required to view the AP article on the Forbes site, and a paid subscription or short-term pass is required to view the Chronicle article.)

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