Wells Fargo pledges $75,000
Wells Fargo & Company has announced that its team members pledged $75,000 to North Dakota nonprofit organizations and schools through its annual Community Support and United Way Campaign, a 20 percent increase over pledges made by team members in 2008. These donations are in addition to the $50,000 gift Wells Fargo made to the United Way of Cass-Clay and the American Red Cross earlier this year to support disaster relief and recovery following the historic flooding of the Red River in Fargo-Moorhead. This was also the company's most "green" campaign to date with nearly 100 percent of all pledges made online and the elimination of nearly all print marketing materials.
Companywide, team members donated $41.9 million to more than 25,000 nonprofits and schools through the campaign, which was a 21 percent increase over the combined Wells Fargo and Wachovia campaigns last year. Overall, more than 160,000 team members participated in the campaign in some way.
The annual Community Support Campaign runs each fall and allows team members to donate to any 501(c)(3) organizations of their choice. One hundred percent of team member donations go to the organizations they choose. Wells Fargo pays all processing costs and gifts to qualifying schools through the campaign are automatically matched up to $5,000 per team member.