$10.35 million gift from Lee and Linda Scott and family to children’s museum
Former Walmart CEO Lee Scott and his wife Linda Scott donated $10.35 million from Lee and Linda Scott to children’s museum.
The Amazeum, which serves as a children’s museum and a learning center, was started in 2015 by the Scott family.
“The Amazeum has had a tremendous impact on our family, and we believe in the importance of investing in its future,” Lee Scott said.
A release from the museum says that the gift comes after conversations with the Northwest Arkansas community about expanding education programs.
“Through this ongoing commitment to the Amazeum, we are investing in the next generation of thinkers, innovators and leaders, ensuring that the Amazeum continues to inspire and educate future generations,” Lee Scott added.
“The next phase of growth will complement the nearby Crystal Bridges nature trails and Orchards Park, creating an exciting outdoor destination for the Northwest Arkansas region,” said Eric Scott, a member of the Scott Family.
“Additionally, plans for a 5,000 square foot community gathering building and a dedicated space for early learners will further enhance the Amazeum’s campus.”
Lee Scott is an American businessman who was the third chief executive officer of Wal-Mart Stores, Inc., from January 2000 to January 2009.
Scott joined Walmart in 1979 and under his leadership, the company retained its position as the largest retailer in the world based on revenue, although the company faced growing criticism during his tenure for its environmental footprint, labor practices, and economic impact.
Scott has been a board member of Walmart since 1999, and was chairman of the executive committee of the retailer’s board of directors.
Scott was born and raised in Baxter Springs, Kansas and graduated with a Bachelor of Science degree in business from Pittsburg State University.
He is married to Linda G. Scott and has two children.
Scott was named to the Time magazine list of the hundred “most influential people” in both 2004 and 2005. In 2019, Scott was inducted into the Kansas Business Hall of Fame.