Wal-Mart Biggest Charitable Donor

Chances are that the elite media will not herald this news.

Wal-Mart Stores Inc. increased its U.S. charitable giving 10 percent last year to $272.9 million, the world's largest retailer said Tuesday, likely defending its position as the country's largest corporate donor of cash.

The majority of the charity goes to local recipients selected by individual Wal-Mart and Sam's Club stores.

Wal-Mart deserves recognition for its charitable efforts.