PORTLAND, Ore. -- Wells Fargo and its employees provided more than $6.1 million worth of support to schools and nonprofit groups in Oregon and S.W. Washington in 2016 to help their communities succeed.
"Caring for our customers and communities is embedded in our culture," said Regional President Tracy Curtis of Portland. "We strive to create positive, lasting impact -- socially, economically and environmentally -- through our operations, business practices, philanthropy and community engagement."
The total dollars given in this region include more than $3.5 million in grants from Wells Fargo and more than $1.4 million in personal gifts and pledges made by Wells Fargo employees.
In addition, Wells Fargo's employees in this region volunteered 50,216 hours for 3,362 local schools and nonprofit agencies in 2016. Based on the value of a volunteer's time (estimated by the nonprofit Independent Sector), those hours are the equivalent of a donation of more than $1.1 million.
At the national level, Wells Fargo donated $281.3 million to more than 14,900 nonprofit agencies across more than 2,800 communities in 2016. It was the fifth consecutive year that contributions exceeded $275 million. In the past five years, total giving was $1.4 billion.
Wells Fargo employees nationally personally donated and pledged $98.87 million to 30,000 schools and community groups in 2016. They also volunteered 1.73 million hours last year.
Serving Pacific Northwest customers and communities since 1852, Wells Fargo has repeatedly been ranked among the most generous corporations in Oregon and America. More information about Wells Fargo's community support is posted at wellsfargo.com.
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