Wal-Mart donated $245 million to charity last year

With much of it ending up on the local level, Wal-Mart donated in cash, or in-kind, $245 million to charity in 2005, $38 million more than in 2004.

For that year, Forbes Magazine (see the slide show) Wal-Mart was ranked as the most generous corporate giver.

They don't seem so greedy to me.

Hat tip to Chris Abraham of Edelman.

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