Wells Fargo invests $105,000 in Southeast Alaska nonprofits
Grants help 30 charitable SE organizations
February 04, 2012
(SitNews) - In 2011, Wells Fargo and its team members invested $105,000 in more than 30 schools and nonprofit organizations in Southeast Alaska, and a total of $1.5 million in more than 300 nonprofits statewide. The charitable contributions help meet the needs of local communities in the areas of social services, youth and education, arts and culture and economic development. Education is Wells Fargo’s top funding priority, representing more than 40 percent of statewide community investments.
In addition, Wells Fargo’s 950 team members in Alaska logged 9,000 volunteer hours in 2011 – a dollar value of $195,000. During Wells Fargo’s annual Community Support Campaign last September, Alaska team members raised a record $523,000 for nonprofits in Alaska – a 30 percent increase over 2010. Southeast Alaska team members pledged more than $26,000 during the month-long fundraising campaign.
Wells Fargo’s Southeast Alaska District President Joseph Lanham and Downtown Ketchikan Store Manager Tiffany Cook read to children during the Ketchikan Public Library’s Family Fun Night in November 2011.
Photo courtesy Wells Fargo
The following Southeast Alaska organizations received substantial contributions from Wells Fargo in 2011:
- PeaceHealth Ketchikan Medical Center (KGH Foundation) - $10,000
- Ketchikan Public Library - $25,000
- Big Brothers Big Sisters of Juneau – $1,674
- Community Connections - $4,200
- Sitka Summer Music Festival – $4,500
- Southeast Alaska Cancer and Wellness Foundation – $2,000
- University of Alaska Southeast – $2,000
- Aiding Women in Abuse and Rape Emergencies (AWARE) – $2,000
Wells Fargo Ketchikan Business Banking Manager Steve Boehlert presents a $10,000 donation to Ketchikan General Hospital Foundation board members and staff in April 2011.
Photo courtesy Wells Fargo
“Well Fargo is pleased to invest in the communities where we live and work to help all Alaskans have an opportunity to succeed,” said Richard Strutz, Wells Fargo regional president for Alaska. “We believe if we do what’s right for our customers and for Alaska, business results follow. Our success depends on the success of Alaska – as it has for the last 95 years that we’ve called Alaska home. We’re here for Alaskans now, and in the future.”
Edited by Mary Kauffman, SitNews
Source of News:
Wells Fargo & Company
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 other distribution channels across North America and internationally.
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