Wells Fargo Gives $110K in Grants to Local Education

By  Mariana Phipps

Wells Fargo has presented 13 checks to school districts and educational foundation representatives, including $10,000 to Campbell Union School District and $5,000 to Moreland School District.

Jeff Rademann, president of Wells Fargo’s Santa Clara Valley market, presented the grants.

“In addition to the countless hours that our team members spend volunteering in local schools, we are proud to provide funding directly to school districts and foundations throughout Santa Clara County,” Rademann said. “By hosting this event and providing funding to schools, we want to personally say thank you to the educators in our communities and provide resources to help purchase schools supplies or other pressing needs.”

Wells Fargo has donated more than $16 million to schools and nonprofit organizations for educational purposes in the greater Bay Area since 2009.

Following are the list of schools in Wells Fargo’s Santa Clara Valley market:

• Campbell Union School District, $10,000
• Loma Prieta Public Education Fund, $5,000, Los Gatos
• Los Gatos High School New Millennium Foundation, $5,000, Los Gatos
• Los Altos Educational Foundation, $10,000
• Live Oak Foundation Inc., $10,000, Moraga
• Santa Clara Unified School District, $10,000, Santa Clara
• Alum Rock Educational Foundation, $10,000, San Jose
• Berryessa Education Foundation, $10,000, San Jose
• Cambrian Educational Foundation, $5,000, San Jose
• Evergreen School District, $10,000, San Jose
• Moreland Educational Foundation, $5,000, San Jose
• Silicon Valley Education Foundation, $15,000, San Jose
• Saratoga Education Foundation, $5,000, Saratoga

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets.

Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. 

In 2011, the company invested $213.5 million in grants in 19,000 nonprofits, and team members contributed more than 1.5 million volunteer hours around the country.