Wells Fargo Donates $1 Million to The First Tee®
April 27 2015 - 2:00PM
Business Wire
Becomes national Trustee, supporting the
participants and programs of The First Tee across the
country
Wells Fargo (NYSE:WFC) today announced a $1 million donation
over the next five years to The First Tee, becoming a Trustee of
the youth development organization that builds character through
the game of golf for children at 175 local chapters across the
U.S.
As a Trustee, Wells Fargo’s gift of $1 million will allow The
First Tee home office to support its growing network by providing
strategic direction and continued education, enhanced curriculum
and training, operational standards and national participant
opportunities.
Building on Wells Fargo’s long history of local support of The
First Tee and several years of hosting the company’s Succeeding
Together SM community program, today’s announcement takes the
relationship to the national level, celebrating the important work
of The First Tee and the impact it has on the lives of tens of
thousands of youth every day.
“Wells Fargo is committed to improving the lives of children by
maintaining an active role in our local communities and working
together with organizations like The First Tee,” said Jamie
Moldafsky, Wells Fargo Chief Marketing Officer. “As a Trustee,
Wells Fargo can now help further support the organization, its
participants and volunteers – recognizing that little by little, we
can join together to make a huge difference in the lives of so many
kids.”
As part of this commitment, Wells Fargo’s national Succeeding
Together program will continue to celebrate the huge impact The
First Tee has on young people across the country by offering
opportunities for participants to meet and engage with PGA TOUR
professionals. Through these interactions, participants gain a new
perspective on how the life lessons they learn from The First Tee
can help them succeed in the future.
“The First Tee is providing young people the opportunity to
learn life skills and build character to help them be successful in
school and in life,” said Joe Louis Barrow, Jr., chief executive
officer of The First Tee. “Wells Fargo’s support as a Trustee will
help us advance our mission and positively impact more young
people.”
The First Tee Trustees represent individuals, corporations and
foundations that donate gifts of $1 million or more. Wells Fargo’s
gift of $1 million will allow The First Tee to invest in ongoing
research to understand and enrich its programs, as well as to
provide training for coaches and physical education teachers across
the country.
About Wells Fargo & Company
Wells Fargo & Company (NYSE:WFC) is a nationwide,
diversified, community-based financial services company with $1.7
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
8,700 locations, 12,500 ATMs, and 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 266,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was
ranked No. 29 on Fortune’s 2014 rankings of America’s largest
corporations. Wells Fargo’s vision is to satisfy all our customers’
financial needs and help them succeed financially. Wells Fargo
perspectives are also available at Wells Fargo Blogs and Wells
Fargo Stories.
About The First Tee®
The First Tee (www.thefirsttee.org) is a 501(c)(3) nonprofit
youth development organization whose mission is to impact the lives
of young people by providing educational programs that build
character, instill life-enhancing values and promote healthy
choices through the game of golf. With its home office at World
Golf Village in St. Augustine, Fla., The First Tee reaches young
people on golf courses, in elementary schools and at other
youth-serving locations.
Since its inception in 1997, The First Tee has introduced the
game of golf and its values to more than 10.5 million young people
in all 50 United States and select international locations. The
First Tee’s Founding Partners are LPGA, the Masters Tournament, PGA
of America, PGA TOUR and the USGA. Shell Oil Company is The First
Tee’s Founding Corporate Partner and Johnson & Johnson is its
Legacy Partner. Former President George W. Bush serves as honorary
chair.
To learn more about The First Tee, please
visit:www.thefirsttee.orgwww.facebook.com/thefirstteewww.twitter.com/thefirstteeblog.thefirsttee.org
Wells Fargo & CompanyMatt Wadley,
704-654-2479matthew.l.wadley@wellsfargo.com
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From Apr 2023 to Apr 2024