Written by The Business Journal Staff
Wells Fargo announced that it invested more than $2.5 million in South and Central Valley nonprofit organizations last year.
In addition, team members volunteered more than 10,000 hours of their time to various community causes.
Broken down by county, Fresno organizations received more than $1.3 million, Kings nearly $6,000, Madera $132,500 and Tulare $144,750 for a total of more than $1.6 million.
Wells Fargo’s South and Central Valley footprint ranges from Stanislaus to Kern counties. Next to Fresno, Kern received the second-largest amount at $475,630.
In a joint statement, South Valley Area President Alice Juarez and Central Valley Area President Sandy Raco said, “Giving back to our community is part of our DNA. Together, the South Valley and Central Valley markets strive to make the San Joaquin Valley a stronger, thriving region. Whether we’re contributing financial resources or our teams are lending helping hands to vital nonprofits and schools, we are proud to help make a difference in our neighbors’ quality of life here in the Valley.”
Wells Fargo’s philanthropic efforts span various counties and more than 200 nonprofit organizations supporting arts and culture, community development including housing and workforce development, education, environment, and human services.
Nationally, the bank donated $281.3 million to nearly 15,000 nonprofits in 2016.