News Release | July 21, 2020
Wells Fargo donates $100,000 for COVID-19 Relief Efforts across Canada
Foundation supports relief efforts in partnership with United Way Worldwide
TORONTO – July 21, 2020 – Wells Fargo announced it has donated $140,000 CAD ($100,000 USD) in support of COVID-19 relief efforts to four charitable organizations across Canada. .
The donations are part of Wells Fargo’s commitment to distributing $175 million in donations to help address food, shelter, small business and housing stability, as well as to provide help to public health organizations around the world.
The recipients of the grants are:
- Anxiety Canada, $10,000
- Food Banks Canada, $40,000
- United Way Canada, $40,000
- TELUS Friendly Futures Foundation, $10,000
"We are working rapidly to mobilize for our customers, employees and the nonprofit community as we all face new and uncertain financial and personal situations. Nonprofits provide critical social services as well as employment in the community, yet we know many are already struggling to keep their doors open. We want to help the nonprofit community and those most vulnerable in our communities in this challenging moment," said Richard Valade, Regional President, Canada, and Latin America.
Wells Fargo employs more than 700 employees across Canada who serve commercial customers in the Canadian cities of Calgary, Mississauga, Montreal, Toronto, Vancouver, and Quebec City.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.98 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, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 31 countries and territories to support customers who conduct business in the global economy. With approximately 263,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America's largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories‡.