Wells Fargo and its employees continue to give and volunteer at record levels,
supporting companywide commitment to strengthening communities
ALEXANDRIA, VA — Wells Fargo (NYSE: WFC) was United Way’s largest workplace campaign in the U.S. in 2011, according to United Way Worldwide. This achievement marks the third consecutive year that Wells Fargo and its team members have held the top spot for corporate and employee giving.
Wells Fargo team members pledged more than $56 million through the company’s 2011 “Community Support and United Way Campaign”. Overall, the company gave $213.5 million to nonprofits.
The Wells Fargo campaign is only one part of the company’s larger, strategic investment in community. Additionally, more than 52,000 Wells Fargo team members volunteered more than 1.5 million hours – a 10.8% increase over last year – with more than 28,000 nonprofits and schools. As part of this effort, team members leveraged their professional expertise to deliver financial education using the company’s Hands On Banking program.
“United Way is proud to have Wells Fargo as a valued, longstanding partner. Their campaign continues to set a standard for others to follow,” said Brian Gallagher, president and CEO of United Way Worldwide. “As individuals and families face increasingly difficult challenges, Wells Fargo and its employees responded and are changing lives. Their tremendous generosity and commitment to volunteerism are creating real opportunities to ensure both the immediate and long-term success of our communities.”
Wells Fargo is a member of the United Way Global Corporate Leadership program, an elite group of the world’s top companies dedicated to leveraging their assets – corporate resources, employees and consumer reach -- to create opportunities for a better life for all people. Wells Fargo has been recognized by Forbes, Businessweek, Newsweek and Barron’s as one of the world’s most admired, most generous and most respected companies.
United Way Worldwide