[Vision2020] Wal-Mart Supercenter Opposition

[Andreas Schou]

> being a current associate i have never seen this option or heard of it?  if
> this is an option for associates and so much was raised wouldnt you think
> that i would have been told about this option?

I need to do some more looking into this. Slate Magazine is usually
quite accurate, but the numbers Wal-Mart itself releases paint a
different picture. There appears to be some sort of corporate match to
associate donations; according to Walmart's report last year, they
received $238m in total donations, $70m of which came from associates,
and disbursed $190m.

Doing some back-of-the envelope calculations based on Walmart's $288b
yearly receipts and their median employee income of $14,000 per year,
some interesting figures emerge. Wal-Mart's yearly contribution
constitutes %0.0002 of their yearly gross. On the other hand, Walmart
employee of median income (or $14,000 per year, or $2,000 under the
federal definition of poverty for a family of three) donates %0.005 of
their gross income to the Wal-Mart Foundation, or 25 times, on a
relative scale, what the corporation itself donates.

-- ACS