Report: Amazon.com's dismal record of charitable giving |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Amazon.com is taking a beating again for its lack of charitable donations. In an article titled "The New Scrooge," Slate's Paul Collins writes that "there are lemonade stands that donate more to charity" than the Seattle online retailer.
"While Amazon.com is famously cheap in its prices, it's also become infamously cheap to the community it lives in," writes Collins, who couldn't find any mention of charitable giving by Amazon in any SEC filings.
The company declined Slate's requests for comments.
More from Collins:
"Coldblooded, perhaps, but fair enough: Amazon.com and its shareholders can claim a philosophical purity of purpose and not spend a penny on charity so long they play by the rules. There's just one problem: Amazon.com doesn't much like the rules.
Amazon.com has spent a decade opposing the enforcement of online taxes so that its noncollection of sales tax creates a powerful pricing incentive over bricks-and-mortar competitors."
The story builds off last year's report from The Stranger's Paul Constant, who noted the lack of charitable activities by Amazon in the Seattle arts community when compared to Boeing, Microsoft, Starbucks and others.
Obviously, it would seem that Amazon.com -- one of the bright spots in the Seattle tech community with profits last year of $645 million -- would want to avoid this sort of negative PR.
But it does raise a question: Are corporations required to give back to the communities where they operate?
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
Follow, like, and connect to a broader audience for your company!
The Puget Sound Business Journal announces Social Madness: A Corporate Social Media Challenge, presented by Capital One Spark Business. This a local and national challenge that will spotlight the best social media programs of companies in 43 cities. The local challenge begins (following the nomination period) on June 1, 2012. The promotion will culminate in a national bracket challenge that will crown Social Madness champions in 3 categories based on company size. To see the official rules, visit http://www.socialmadness.com/rules.
For more information on how your company can participate, visit the nomination page here. Nominations are due May 15th.
BizDev Seminar Series - Leadership: Rallying People to a Brighter Future
Join us for this one-of-a-kind seminar series where you hear directly from the experts about hot topics to grow your business.
The skills to be effective as a leader can be learned. What are the skills and attributes needed to be effective top leaders? How do you tell what level your people are at, and what development skills each person needs? Workshop attendees will learn the answers to these questions and more.
Tuesday, May 17, 2012
8:30am - 10:30am
The Harbor Club, Seattle
Register here.