Whereas Bill Gates and Warren Buffett have given 36.2% and 26.9% of their respective wealth to charitable causes, the Walmart heirs have between them given 0.04% of their fortune, per the report. Meanwhile, the average middle class earner with a salary of $50,000 to $99,000 contributes 6% of their discretionary income to charity, says the report, basing this figure on data from The Chronicle of Philanthropy. The team behind the analysis...[says]...the Waltons may well “make charitable contributions to entities other than the Walton Family Foundation.” However, the group “did not find evidence of major, sustained giving by the Waltons to charitable organizations” other than their foundation.
Posted on: Wed, 04 Jun 2014 02:22:51 +0000
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