MIAMI -- Wells Fargo & Company (NYSE: WFC) today announced that in 2017 the company donated more than $12.6 million to support 1,350-plus nonprofits in Florida. This is $500,000 more than in 2016.

In addition, Wells Fargo team members in Florida showed their community commitment by volunteering more than 87,000 hours with nonprofits, schools, and community organizations and by personally donating more than $1.8 million.

“Wells Fargo is proud to support our local communities across Florida and throughout the U.S.,” said Scott M. Coble, Florida Community Bank Lead Region President. “Through our philanthropic donations and volunteerism, we are committed to helping address those challenges unique to Florida and to making our state a better place to live and work.”

Among community development organizations that received grants in Florida were the Black Business Investment Fund, the Hispanic Business Investment Fund, Women’s Business Centers, Florida Prosperity Partnership, and nonprofits that advance affordable housing and homeownership opportunities. Education initiatives supported in Florida include Florida Literacy Coalition, Junior Achievement, City Year, Take Stock in Children, Teach for America, and United Negro College Fund.

Wells Fargo team members across the company volunteered 2 million hours with nonprofits last year, including 183,528 hours of service on 3,679 nonprofit boards, and contributed a total of $85 million to 40,000 nonprofits pledged during the company’s one-month Community Support Campaign. United Way Worldwide named Wells Fargo’s employee workplace giving campaign No. 1 in the U.S. for the ninth consecutive year.

Wells Fargo has committed to donating $400 million to nonprofits in 2018, or more than $1 million each day. Beginning in 2019, the company will invest 2 percent of after-tax dollars in corporate philanthropy. Read more about how Wells Fargo is addressing social, economic, and environmental challenges nationwide in the company’s 2017 Corporate Social Responsibility report.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investments, mortgage, and consumer and commercial finance through 8,200 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.