Written by The Business Journal Staff
Wells Fargo announced it donated $1.8 million to schools, community organizations and nonprofits in Fresno, Kings, Madera and Tulare counties in 2018.
The charitable contributions are part of more than $2.7 million invested in the San Francisco-based bank’s Greater Central Valley Region, which extends from the Antelope Valley in northern Los Angeles County to San Andreas in Calaveras County.
Combined with $177,386 donated by the company’s Central Valley team members, the total comes to more than $2.9 million.
“Across our community, many residents are working hard to make ends meet,” said Sandy Raco, Wells Fargo Greater Central Valley region bank president. “Here in the Central Valley, 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 underserved areas, succeed financially. We will continue to provide philanthropy, volunteers, expertise and other resources to revitalize and strengthen local neighborhoods.”
Some of the organizations receiving philanthropic contributions from Wells Fargo include Self-Help Enterprises, Habitat for Humanity, Access Plus Capital and Reading and Beyond.
Wells Fargo team members also volunteered 7,170 hours last year to support nonprofits and various causes.
“Part of what makes Wells Fargo unique is the generosity of our team members who help multiply our community impact,” added Tim Rios, community relations senior manager, Wells Fargo. “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.”