Company marks completion of five-year, $15 million initiative promoting environmental stewardship and community engagement
SAN FRANCISCO--(BUSINESS WIRE)--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.