Partner Highlight: Wells Fargo and its team members donated $9.1 million to Iowa nonprofits in 2016
Published on: March 16, 2017
Wells Fargo and its team members donated $9.1 million to Iowa nonprofits in 2016
Team members statewide also supported communities by volunteering 178,000 hours
DES MOINES, Iowa, March 13, 2017 – Wells Fargo & Company (NYSE: WFC) today announced the company and its team members combined to donate $9.1 million to Iowa nonprofits, schools and community organizations in 2016. That amounts to an average daily donation of $25,000 to Iowa nonprofits by Wells Fargo and its Iowa team members last year.
The $9.1 million represents a $500,000 increase over Wells Fargo’s 2015 corporate and team member giving in Iowa, or a 6 percent increase. In addition, Wells Fargo’s 16,000 Iowa team members also gave generously of their time, volunteering 178,000 hours with nonprofits, schools and community organizations in 2016. The Independent Sector, a U.S. coalition of more than 550 philanthropic organizations, estimates the value of one volunteer hour is $23.56. So at 178,000 hours, the value of Wells Fargo team members’ volunteerism in Iowa was $4.2 million.
The company and team member giving plus the estimated value of the team member volunteerism represent a combined $13.3 million charitable impact Wells Fargo and its team members had on Iowa nonprofits, schools and communities in 2016.
Click here to read the full press release from Wells Fargo.
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Partner Highlight: Wells Fargo and its team members donated $9.1 million to Iowa nonprofits in 2016
Published on: March 16, 2017
Wells Fargo and its team members donated $9.1 million to Iowa nonprofits in 2016 Team members statewide also supported communities by volunteering 178,000 hours DES MOINES, Iowa, March 13, 2017 – Wells Fargo & Company (NYSE: WFC) today announced the company and its team members combined to donate $9.1 million to Iowa nonprofits, schools and… Read more »
