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     455  0 Kommentare Wells Fargo Donated $6 Million to Support Virginia Nonprofits in 2018

    Wells Fargo today announced the company donated $6 million through 561 grants to local nonprofits, schools and community organizations in 2018 to help the communities and people of Virginia.

    Wells Fargo’s philanthropic contributions build on a long history of collaboration with local nonprofits and community leaders to make a positive impact by addressing urgent community issues such as affordable housing, small business growth, access to education and sustainability.

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    When combined with the more than $1.1 million donated by more than 8,800 Virginia team members during the company’s internal Community Support Campaign, nonprofits in the state received a total of $7.1 million from Wells Fargo and its team members in 2018. That amounts to an average daily donation of $19,452.

    “Across our community, many residents are working hard to make ends meet,” said Ravi Chandra, Wells Fargo region bank president for Virginia West. “Here in Virginia, we want to help people find a stable place to live, help small business owners expand and help young people gain a high-quality education that prepares them for the workforce.

    “We are determined to help people and communities, especially in underserved areas, succeed financially. We will continue to provide philanthropy, volunteers, expertise and other resources to revitalize and strengthen local neighborhoods.”

    Beyond philanthropy, Wells Fargo team members in Virginia volunteered more than 50,000 hours in 2018 to support nonprofits and causes important to them — including organizations such as Habitat for Humanity, Rebuilding Together and Junior Achievement. The Independent Sector estimates the value of one volunteer hour is $24.69. At 50,000 hours, the value of Wells Fargo team members’ 2018 volunteerism in Virginia was more than $1.2 million.

    When you combine the Wells Fargo and team member giving totals of $7.1 million and the $1.2 million value of the volunteerism, it means Wells Fargo and its team members made a $8.3 million charitable impact in Virginia last year.

    “Part of what makes Wells Fargo unique is the generosity of our team members, who help multiply our community impact,” said Janet Tope, region bank president for Virginia East. “Sometimes giving time is even more valuable than money, because it puts our desire to build a strong community into action and gives us a tangible way to personally make a difference.”

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    Business Wire (engl.)
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    Wells Fargo Donated $6 Million to Support Virginia Nonprofits in 2018 Wells Fargo today announced the company donated $6 million through 561 grants to local nonprofits, schools and community organizations in 2018 to help the communities and people of Virginia. Wells Fargo’s philanthropic …

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