Tuesday, May 01, 2007

Walton fortune headed for charity? - May 14, 2007

Walton fortune headed for charity? - May 14, 2007: "- The death of Helen Robson Walton at 87 last month - and a will that provides for philanthropy - may finally turn America's richest family into one of its most charitable.

Helen and her late husband, Wal-Mart founder Sam, always appeared to be heading toward large-scale donations. But when Sam died in 1992, most of his money passed to Helen. And though she increased her giving to an extent, the Waltons remained - as critics have noted - a relatively small force in philanthropy."

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