Like TED, we believe that world-changing ideas can come from anywhere. That’s why we’re working together to showcase how human empathy and problem-solving can combine with technology to transform lives—and banking—for the better.
Using TED’s unique platform, our Wells Fargo Team Members will share their perspectives and demonstrate the extensive thought leadership that exists at Wells Fargo.
SAN FRANCISCO, February 3, 2020 /3BL Media/ - The Wells Fargo Foundation announces that it is providing $17.4 million to Community Development Financial Institutions (CDFIs) across the U.S. to accelerate the growth of diverse small businesses and job creation in local communities. As part of the foundation’s Diverse Community Capital program, Wells Fargo’s grants will fund new efforts to speed access to capital, launch mentoring programs, expand geographic reach, and help sustain more than 50,000 local jobs. Overall, the funding is expected to create an opportunity for more than 30,000 new loans to diverse entrepreneurs.
“Empowering small businesses is a direct and impactful way to stimulate job growth,” said Brandee McHale, president of the Wells Fargo Foundation. “Wells Fargo’s Diverse Community Capital program lifts up underserved small business owners with financing and important technical assistance. By working with CDFIs, we can reach into...
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SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Foundation today announced a $100,000 donation to the American Red Cross for ongoing relief efforts across Puerto Rico in the aftermath of a series of earthquakes. The American Red Cross is providing shelter, food, health and mental health services and other urgent basic needs to local communities as they work to recover from the earthquakes and many aftershocks.
“Our hearts go out to Puerto Rico and the people touched by the devastation of the earthquakes,” said Brandee McHale, president of the Wells Fargo Foundation. “We know it’s an incredibly trying and emotional time for the whole island. As a company, we have many customers and employees that stand with us as we donate towards immediate care and support in local communities.”
In addition, the Foundation is investing in rebuilding the community of small business owners in Puerto Rico through the Wells Fargo Diverse Community Capital program, which...
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