Pursuant to an agreement between Kohl’s and the Wisconsin Economic Development Corporation (WEDC), WEDC will create an Enterprise Zone to provide up to $62.5 million in tax credits from the state of Wisconsin over 12 years to support Kohl’s growth. The actual amount of the tax credits received by Kohl’s over the 12- year period will be completely dependent upon the number of newly created jobs and the amount of Kohl’s capital expenditure. WEDC can designate Enterprise Zone Tax Credits for a project based on factors including the extent the project will increase employment in the state and contribute to the economic growth of the state and other factors.“Strengthening Kohl’s headquarters is good news for Wisconsin,” said Governor Scott Walker. “Not only is this a significant number of jobs, but it also signals that Wisconsin’s economic climate is improving.” Upon Kohl’s election to begin construction, the Village of Menomonee Falls will provide the necessary road improvements and up to $12 million, payable over several years, from the incremental tax revenue to be generated by the Kohl’s development. Kohl’s Cares® – Community and Environmental Commitment Since 2000, Kohl’s and Kohl’s Cares ®, the company’s philanthropic program, have combined to give $44.3 million to support charitable initiatives in the metro Milwaukee area, including $9.4 million in 2011. The company supports local communities through its Kohl’s Cares programs which strive to make communities happier, healthier, greener places to live and work. These programs include: Kohl’s Cares® – Kids Health and Education
- Cause Merchandise Program: Throughout the year, Kohl’s sells kid-friendly cause merchandise, with 100 percent of the net profit donated to support children’s health and education initiatives in communities nationwide. Since 2000, more than $208 million has been raised nationwide through the Kohl's Cares® cause merchandise program.
- Hospital Partners: Since 2000, Kohl’s has donated $149 million to more than 160 hospital partners nationwide, including more than $8.6 million in Wisconsin.
- Scholarship Program: Since 2001, Kohl’s has recognized more than 15,000 kids with over $3 million in scholarships and prizes through the Kohl’s Cares Scholarship Program. Since 2001, more than 380 students in metro Milwaukee have received store, regional or national awards, totaling more than $65,000.