Wells Fargo Awarded $3.8 Million to Alabama Nonprofits in 2017

Wells Fargo Awarded $3.8 Million to Alabama Nonprofits in 2017

Wells Fargo & Company has announced that during 2017 it awarded grants totaling more than $3.8 million to nearly five hundred and fifty nonprofit organizations in Alabama.

Recipients of the grants include Alabama Public Television, A Plus Education Partnership, Habitat for Humanity of Central Alabama, REV Birmingham, and the Woodlawn Foundation. In addition, Wells Fargo employees in the state contributed more than $175,000 and 15,275 volunteer hours to nonprofits, schools, and community organizations during the year. The bank has committed to awarding $400 million to nonprofits nationally in 2018 and, beginning in 2019, has pledged to dedicate 2 percent of its after-tax profits to its philanthropic efforts.

"Wells Fargo has a rich history of community support across the country and in Alabama," said Wells Fargo Central Alabama region bank president Leigh Collier. "We have personal connections to the people in our communities...and we likewise see first-hand a broad spectrum of challenges. Through our philanthropic donations and volunteerism, all of us at Wells Fargo are deeply committed to making better opportunities possible."

(Photo credit: A Plus Education Partnership)

"Wells Fargo Donates $3.8M to Support Alabama Nonprofits." Wells Fargo & Company Press Release 06/28/2018.