Wells Fargo Awards $2.6 Million to 61 Environmental Nonprofits
June 28 2016 - 9:00AM
Business Wire
Company marks completion of five-year, $15
million initiative promoting environmental stewardship and
community engagement
Wells Fargo & Company (NYSE:WFC) and the National Fish and
Wildlife Foundation (NFWF) today announced that 61 organizations in
22 states will receive nearly $2.6 million to support land and
water conservation, energy efficiency and broad-based citizen
participation in communities where Wells Fargo customers and team
members live and work.
The Wells Fargo Environmental Solutions for Communities grant
program represents a five-year, $15 million collaboration with
NFWF, and is part of Wells Fargo’s commitment to provide $100
million in grant funding by 2020 to nonprofits and university
programs focused on environmental sustainability. Launched in 2012,
the program awards grants to local organizations to promote
environmental stewardship and strengthen communities across the
U.S. Over the life of the program, grantees will have restored more
than 83,000 acres of habitat, planted almost a million trees and
engaged hundreds of thousands of community members in environmental
protection activities nationwide.
“We have long believed that there is a strong connection between
economic development, community well-being, and the stewardship and
health of the environment,” said Mary Wenzel, head of Wells Fargo
Environmental Affairs. “We are proud to support local organizations
that engage their neighbors and other members of the community in
addressing local environmental challenges, and we are thrilled with
the success of the Environmental Solutions for Communities program
and its impacts to date.”
The Wells Fargo Environmental Solutions for Communities program
is in its fifth and final year. To date, the program has made
grants to 267 nonprofit organizations for 312 projects, from Alaska
to Florida, and from California to Maine. In addition to Wells
Fargo Foundation’s $15 million investment, NFWF leveraged an
additional $9.7 million in matching dollars during its five-year
program administration.
“This year’s grantees will work with community leaders,
volunteers and scientists to restore and enhance wildlife and
habitats across the country,” said Jeff Trandahl, executive
director and CEO of NFWF. “The 61 projects across the nation
include wetland restoration work in Alaska that will benefit
migrating salmon, and oyster reef projects in Florida that will
improve water quality in the famed Indian River Lagoon. In
California, high school and college students will perform
restoration work in forests damaged by the catastrophic Rim Fire of
2013. These and other projects receiving funding support through
the Environmental Solutions for Communities program exemplify Wells
Fargo’s dedication to conservation and the well-being of local
communities.”
Details of the Wells Fargo Environmental Solutions for
Communities grant program and a link to the 2016 list of grantee
organizations can be found at the NFWF program website:
www.nfwf.org/environmentalsolutions.
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. 27 on Fortune’s 2016
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 Wells Fargo Stories.
About the National Fish and Wildlife Foundation
Chartered by Congress in 1984, the National Fish and Wildlife
Foundation (NFWF) protects and restores the nation's fish,
wildlife, plants and habitats. Working with federal, corporate and
individual partners, NFWF has funded more than 4,500 organizations
and committed more than $3.5 billion to conservation projects.
Learn more at www.nfwf.org.
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version on businesswire.com: http://www.businesswire.com/news/home/20160628005327/en/
MediaWells Fargo & CompanyE.J. Bernacki,
415-222-1940ejbernacki@wellsfargo.com
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