April 24 2017
SAN FRANCISCO--Wells Fargo & Company announced today a $300,000 donation to the OneOrlando fund, set up by the City of Orlando to address the needs of victims and the community in the wake of the Pulse nightclub tragedy.
"All of us at Wells Fargo are devastated by the tragedy at Pulse nightclub and the senseless act of violence that has impacted so many, particularly those in the LGBT and Hispanic communities," said Derek Jones, Central Florida region president. "As an employer who celebrates diversity and inclusion daily, we are hopeful our donation will help and support those affected and aid in the city's recovery."
The OneOrlando Fund will be administered by the Central Florida Foundation (CFF), a 22-year-old organization that serves as home for more than 400 charitable funds. The CFF manages and invests nonprofit directed funding to help the local community and nonprofits. It will guide funds to nonprofits to support the victims and families of this tragedy, as well to the LGBTQ, Hispanic, faith, and other affected communities. Funds will also be directed to other needs that may arise but cannot yet be anticipated. The OneOrlando Fund is a project of Strengthen Orlando, Inc., a 501 (c)(3) nonprofit corporation created for the purpose of starting and supporting projects to strengthen the Orlando community.
"Through this community-wide effort, the victims' families and friends will receive the support they need to help them begin the healing process," Jones added. "As a Central Florida team, we know there will be more to do in the coming months, and Wells Fargo stands ready to work together and help our Orlando community."
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,800 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 269,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune's 2015 rankings of America's largest corporations. In 2015, Wells Fargo donated $281.3 million to support social, economic, and environmental initiatives and causes and Wells Fargo team members volunteered 1.86 million hours in their communities. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Stories and Wells Fargo Blogs.