Wells Fargo Donated $3.8 Million to San Diego, Imperial County Nonprofits in 2018
Wells Fargo recently announced the company donated nearly $3.8 million through 292 grants to local nonprofits, schools and community organizations in 2018 to help the communities and people of San Diego and Imperial counties. Wells Fargo’s philanthropic contributions build on a long history of collaboration with local nonprofits and community leaders to make a positive impact by addressing urgent community issues such as affordable housing, small business growth, economic development and access to education.
When combined with the more than $462,000 donated by the company’s team members in San Diego and Imperial counties, nonprofits in the region received more than $4.2 million from Wells Fargo and its team members in 2018. That amounts to an average daily donation of $11,574. “Across our community, many residents are working hard to make ends meet,” Brian Lee, San Diego region bank president at Wells Fargo shared with Giving Back Magazine. “Here in San Diego and Imperial, 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.”
Beyond philanthropy, Wells Fargo team members in San Diego and Imperial counties volunteered more than 17,400 hours in 2018 to support nonprofits and causes important to them. “Part of what makes Wells Fargo unique is the generosity of our team members, who help multiply our community impact,” said Lee. “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.”
Wells Fargo concentrated its local philanthropic contributions on addressing urgent community issues such as affordable housing, small business and workforce development, access to education, and minimizing the impacts of climate change. Benefitting organizations include Community Housing Works, Accion, Barrio Logan College Institute, Armed Services YMCA and I Love A Clean San Diego, among others. United Way Worldwide recently recognizedWells Fargo for having the No. 1 team member giving campaign in the U.S. for the tenth consecutive year!