Wells Fargo Alaska team members raise record $523,000 for nonprofits
2011 Community Support Campaign donations up 30 percent over last year ANCHORAGE, Oct. 31, 2011 – Wells Fargo announced today that its team members donated a record $373,000 to nonprofit organizations and schools in Alaska as part of the company’s month-long Community Support and United Way Campaign in September. This is the highest total ever and a 30 percent increase over 2010. Wells Fargo will invest an additional $150,000 in matching funds for a total investment of $523,000 in nonprofit organizations throughout the state. “Year after year, our Alaska team members respond with empathy and leadership by donating their time and money to make a difference in the lives of Alaskans,” said Richard Strutz, Wells Fargo Alaska regional president. “I’m very proud of our team for rising to the challenge – exceeding our fundraising goal by $60,000 and contributing $90,000 more than last year. These amazing results demonstrate our enduring commitment to help Alaskans in need.” In addition to personal donations, Wells Fargo team members raised funds for local United Way agencies and other charities through silent auctions, casual days, luncheons and other activities. Team members also volunteered with organizations such as YWCA of Anchorage and the AWARE women’s shelter in Juneau during the United Way’s “Day of Caring.” Each year, Wells Fargo invests $1.5 million in more than 280 nonprofits and schools in Alaska. Wells Fargo’s Alaska team members logged a record 10,100 volunteer hours in 2010. The annual Community Support and United Way Campaign encourages team members to give in ways that mean the most to them – whether it’s getting out in the community to volunteer for their favorite nonprofit or through financial contributions to any nonprofit, school or religious institution of their choice. One hundred percent of team member donations go to the organizations they choose. Wells Fargo pays all processing costs, and matches gifts up to $5,000 per team member to qualifying schools. Companywide, team members donated a record $41.6 million to 28,000 nonprofits and schools during the Campaign, up 13 percent over 2010. Wells Fargo team members invest in nonprofits throughout the year To-date, including the Campaign, team members have donated $63.9 million of their own dollars to nonprofits, a 15 percent increase over 2010, and the ninth straight year of year-over-year double-digit increases in pledge totals. About Wells Fargo Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. We want to help all of our customers succeed financially and create long-term economic growth and quality of life for everyone in our communities. In 2010, the Company invested a record $219 million in grants in 19,000 nonprofits, and team members contributed more than 1.3 million volunteer hours around the country. For more information, please visit: www.wellsfargo.com/about/csr.
Posted: November 1, 2011