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Buddy Philpot announces his resignation as executive director of the Walton Family Foundation; he held the position for 15 years.

"Under Mr. Philpot’s watch, the foundation grew from making about $40 million in grants annually to $374 million in 2014. This year, it expects to make about $400 million in grants to improve schools, to mitigate environmental damage, and to raise the quality of life in the Arkansas Ozarks and Mississippi Delta region." --Alex Daniels, The Chronicle of Philanthropy


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