Wells Fargo Launches Holiday Food Bank Program With $5 Million Donation to United Way, & Commitment of 5,000 Volunteer Hours ...
November 28 2017 - 9:00AM
Business Wire
Non-perishable food donations accepted at Wells
Fargo Mobile “Pop-up” Food Banks and branch locations nationwide
through the end of December
Wells Fargo & Company (NYSE: WFC) today announced the launch
of the Wells Fargo Holiday Food Bank program to make more meals
possible in communities this holiday season. Working with United
Way Worldwide to create a long-term, high impact program that will
support hunger-related causes in our local communities, Wells Fargo
donated an additional $5 million grant to the United Way in support
of this effort.
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Wells Fargo's Mobile "Pop-Up" Food Banks
will visit 17 cities in the U.S. Nov. 28-Dec. 30. For a full
schedule visit www.wellsfargo.com/foodbank (Photo: Business
Wire)
According to a recent Wells Fargo study 1, 83 percent of people
are more likely to donate food this season if they could do it at a
convenient location in their local community. Deploying
approximately 5,900 retail banking branch locations and 268,000
team members, the program encourages customers, communities and
team members to give non-perishable food at its branches, donate
money to United Way and volunteer with hunger-related
organizations. The program launches on “Giving Tuesday” and runs
through the end of the year.
The Wells Fargo study also showed other trends in attitudes
toward giving, including:
- 55 percent of Americans say they
believe donating during the holidays is more important than at
other times of the year.
- More than three out of four Americans
(77 percent) throw out non-perishable food they buy – which a food
bank could use, and people could benefit from.
- A third of Americans (33 percent) say
they don’t have a convenient drop-off location for their charitable
donations.
“At Wells Fargo, our commitment to building better communities
starts with providing the millions of underserved people and
families in our country with access to basic needs such as stable
housing, food on the table, steady employment, education – and
ultimately improved well-being and quality of life,” said Jon
Campbell, head of Wells Fargo Corporate Responsibility and
Community Relations. “Thanks to our team members, customers, and
United Way Worldwide, we’ll be able to make a big difference
for many people in need this holiday season.”
Working with United Way
United Way Worldwide, which fights for the health, education and
financial stability of every person in every community, plans to
use Wells Fargo’s $5 million donation to increase the capacity of
local United Ways in delivering long-term, high impact programs
that will support hunger-related causes through the holidays and
beyond.
“This donation from Wells Fargo will support local United Ways’
fight to address hunger in communities and provide families with
vital resources to live healthier lives,” said Brian Gallagher,
United Way Worldwide President and CEO. “Wells Fargo’s strong
relationship with United Way is a critical part of our fight to
tackle our nation’s toughest challenges and create solutions that
strengthen the quality of life for individuals and families.”
Leveraging the Wells Fargo branch network
As part of Wells Fargo’s Holiday Food Bank, the company will
collect food in donation bins at approximately 5,900 retail banking
branches and will deploy Mobile Food Banks to 17 cities in the U.S.
to collect food Nov. 28 – Dec. 30. The Mobile “Pop-up” Food Bank
will collect non-perishable food donations, raise awareness of
hunger issues and provide information on how to help families in
need this holiday season.
Pop-up locations include New York City; Philadelphia;
Washington, D.C.; Charlotte, N.C.; Atlanta; Minneapolis; Des
Moines, Iowa; St. Louis; Dallas; Denver; Salt Lake City; Las Vegas;
Phoenix; Los Angeles; San Diego; San Francisco; and Portland, Ore.
For a full schedule, please visit www.wellsfargo.com/foodbank.
Team member involvement
The company has committed to volunteering 5,000 hours during the
campaign and encourages Wells Fargo team members to support
food-based nonprofit organizations in their local communities
throughout the holidays. Volunteering is a cornerstone of Wells
Fargo’s culture, with team members actively involved in local
volunteer chapters that organize events throughout the U.S. The
company offers eligible team members 16 hours of paid community
service time annually.
1 Study attribution: The data points referenced in this report
come from a study commissioned by Wells Fargo, produced by research
firm Edelman Intelligence and conducted as an online survey of
1,070 nationally representative U.S. adults ages 18+. Interviewing
took place from Nov. 7-13, 2017. The margin of error is plus or
minus 3 percent.
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,
insurance, investments, mortgage, and consumer and commercial
finance through more than 8,400 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 268,000 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. The Chronicle of
Philanthropy ranked Wells Fargo No. 3 on its most recent list of
the top corporate cash philanthropists. In 2016, Wells Fargo
donated $281.3 million to 14,900 nonprofits and Wells Fargo team
members volunteered 1.73 million hours with 50,000 nonprofits.
Wells Fargo’s corporate social responsibility efforts are focused
on three priorities: economic empowerment in underserved
communities, environmental sustainability, and advancing diversity
and social inclusion. News, insights and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
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version on businesswire.com: http://www.businesswire.com/news/home/20171128005575/en/
Christina Kolbjornsen,
786-459-9160Christina.Kolbjornsen@wellsfargo.comTwitter
@CKolbjornsenWForHolly Rockwood,
415-396-1891Holly.d.rockwood@wellsfargo.comTwitter
@hollyrockwoodwf
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