Wells Fargo Advisors 2015 Community Giving Totals $8 Million Nationwide
Employees turn out to volunteer more than 51,000 hours to Missouri nonprofits
St. Louis, June 8, 2016 - Continuing its commitment to helping communities thrive, Wells Fargo Advisors reported today it contributed $8 million to hundreds of nonprofit organizations nationwide in 2015.
In addition, one-third of the firm’s Missouri team members volunteered 51,097 hours to nonprofits across the state.
The year-end totals follow strong turnout for Wells Fargo’s fall 2015 Community Support Campaign, during which more than half of the company’s St. Louis team members raised $3.8 million for nonprofit organizations and contributed more than 10,000 volunteer hours.
“Wells Fargo team members give their time and talents generously to helping our communities thrive,” said Mary Mack, head of Wells Fargo Advisors. “Whether it’s through financial education services or supporting the arts, lending our support to make an impact on the communities where we live and work is a big part of who we are.”
Wells Fargo Advisors’ 2015 community affairs highlights in St. Louis include:
- The Focus on College planning and savings program, which helped more than 50 low- to-moderate income families save more than $25,000 toward the cost of college through year-long financial coaching and dollar-for-dollar matching grants;
- The St. Louis Volunteer Chapter, working to mobilize team members through volunteer activities and on-campus events, which drew in 27,000 canned food goods for local food pantries, 35,000 school supplies for local students and 1,740 toys for children benefited by Toys for Tots;
- The St. Louis Race Team, which drew more than 225 team members to charitable racing events, including Komen Race for the Cure, where Wells Fargo turned out as the event’s largest employee team;
- Strategic grants and sponsorships to local arts and culture organizations, including Missouri Botanical Garden, St. Louis Symphony, the Muny and St. Louis Public Radio;
- A year-round, strategic relationship with United Way to support financial education and community outreach.
In response to the firm’s spirit of community giving and volunteerism, Wells Fargo Advisors received partnership honors from the National Black MBA Association in 2015.
Nationally, more than 350 branches within Wells Fargo Advisors’ brokerage network granted nearly $400,000 in direct donations to local organizations. Wells Fargo donated $281.3 million to 16,300 nonprofit groups in 2015, marking the seventh consecutive year of more than $200 million in donations.
About Wells Fargo Advisors
With $1.4 trillion in client assets as of March 31, 2016, Wells Fargo Advisors provides investment advice and guidance to clients through 15,064 full-service financial advisors and 3,926 licensed bankers. This vast network of advisors, one of the nation’s largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company. www.wellsfargoadvisors.com.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and