Wells Fargo announces 2018 Arizona philanthropic contributions

Local Wells Fargo branches volunteer at St. Mary’s Food Bank. (File photo)

Wells Fargo announced Friday, March 8 the company donated more than $5.4 million to 415 local nonprofits, schools and community organizations in 2018 to help the communities and people of Arizona.

Wells Fargo’s philanthropic contributions build on a history of collaboration with local nonprofits and community leaders to make a positive impact, according to a press release.

To accomplish this, the company addresses urgent community issues such as affordable housing, small business growth, access to education and supporting tribal communities.

When combined with the $2.8 million donated by the company’s 16,109 Arizona team members, nonprofits in the state received a total of $8.2 million from Wells Fargo and its team members in 2018. That amounts to an average daily donation of $22,707.

“Across our community, many residents are working hard to make ends meet,” Don Pearson, Wells Fargo’s lead region president based in Phoenix, said in a prepared statement.

“Here in Arizona, we want to help people find a stable place to live, help small business owners expand, and help young people gain a quality education that prepares them for the workforce. We are determined to help people and communities, especially in under-served 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 Arizona volunteered more than 115,000 hours in 2018 to support nonprofits and causes important to them, a release states.

Local projects and efforts include more than 5,600 volunteer hours supporting St. Mary’s Food Bank Alliance and 2,100 volunteer hours supporting Junior Achievement projects and causes across the state.

“Part of what makes Wells Fargo unique is the generosity of our team members who help multiply our community impact,” said Pearson. “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.”

United Way Worldwide recently recognized Wells Fargo for having the No. 1 workplace giving campaign in the U.S. for the tenth consecutive year.

Wells Fargo concentrated its local philanthropic contributions on addressing urgent community issues including affordable housing; small business growth; economic equity and inclusion; and access to education.

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