Wells Fargo’s Workplace Campaign Passes $81 Million
February 20, 2014 The NonProfit Times
Wells Fargo and its employees had the largest United Way workplace campaign in 2013, contributing $81.3 million, $16.4 million from the company and $64.9 million from employees.
The San Francisco, Calif.-based bank led United Way Worldwide’s (UWW) Top 10 Global Corporate Leadership (GCL) list for the fifth consecutive year. Wells Fargo also recently committed $5 million to United Way to support a five-year, comprehensive national network to improve the financial capability of low- and moderate-income households.
As of this writing, UWW was not ready to announce the other companies that made the top 10 and there was no indication as to when the final list would be released.
“Wells Fargo’s leadership and commitment to creating stronger communities set the pace for other companies to follow,” said Stacey D. Stewart, U.S. president, UWW. “Wells Fargo and its team members are generously giving and volunteering to improve lives and the long-term economic stability of families throughout the U.S.”
In addition to the money raised by Wells Fargo’s UW Workplace Campaign, the company’s employees completed 1.69 million hours of volunteer service last year, including a skilled volunteerism program with a special focus on financial literacy. The company offered paid leave to team members to work on a significant nonprofit project for up to four months. For this, UW recognized Wells Fargo with its highest awards for volunteer engagement in 2013.
“Wells Fargo is proud of its longstanding partnership with United Way, and we are honored to be named the No. 1 giving campaign in the U.S.,” said Jim Nawrocki, Wells Fargo’s spokesman. “Helping build strong communities is a core part of our company’s vision and values. We’re especially proud that our team members contribute so much of their time, talent, and resources to their communities, and to thousands of community organizations, year after year.”
Following Wells Fargo in last year’s list were: UPS, Publix Super Markets, AT&T, Microsoft Corporation, IBM, The Boeing Company, Bank of America, General Electric and Intel Corporation.
You can see the full list of UWW’s GCL partners at http://www.unitedway.org/pages/united-way-global-corporate-leadership-companies