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re: Not the biggest SEC gift ever, but someone just gave $100 million to State
Posted on 4/20/23 at 11:15 am to JayAg
Posted on 4/20/23 at 11:15 am to JayAg
The Waltons as a family have given Arkansas 420m in 2 gifts.
A Sam Walton had a plan. He had a store which was making money and had a plan to start stores all over Arkansas and the southeast.
High volume low cost.
He needed $1m dollars to get it off the ground. So he goes to his bank and talks to the chief loan officer about what he needs and why. He was refused the loan. President said it wouldn’t work and that he,Sam, would go broke. Sam thanked him and got the money some where else. The rest is history.
A Sam Walton had a plan. He had a store which was making money and had a plan to start stores all over Arkansas and the southeast.
High volume low cost.
He needed $1m dollars to get it off the ground. So he goes to his bank and talks to the chief loan officer about what he needs and why. He was refused the loan. President said it wouldn’t work and that he,Sam, would go broke. Sam thanked him and got the money some where else. The rest is history.
3
Posted on 4/20/23 at 12:38 pm to Herman Frisco
They’ve actually given quite a bit more than the 2 gifts listed. Bud Walton Arena as one example.
Posted on 4/20/23 at 7:01 pm to Herman Frisco
quote:
The rest is history
Not so fast
quote:
Sam thanked him and got the money some where else.
He married another bankers daughter
Posted on 4/20/23 at 9:02 pm to Herman Frisco
quote:
The Waltons as a family have given Arkansas 420m in 2 gifts.
Bud Walton’s daughters’ families (the Lauries and the Kroenkes) have donated quite a bit to Mizzou.
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