Wells Fargo

Meaningful Investments and Support Keep Small Business Doors Open

Wells Fargo’s Open for Business Fund is helping thousands of small business owners navigate the pandemic and plan for the future.

Over the last two years, many of us have discovered just how much we depend on small businesses to meet our needs.

Wells Fargo Donates $20 Million to Strengthen Small Businesses in Atlanta

The bank’s Open for Business Fund will help local small business owners build assets and make physical upgrades
Press Release

ATLANTA January 28, 2022 /3BL Media/ - Wells Fargo today announced a $20 million donation to help Atlanta small business owners own more of their businesses’ assets, including property and equipment, and to enable physical upgrades to their facilities. The United Way of Greater Atlanta, in collaboration with Invest Atlanta, will distribute the funding as a mix of grants and loans in the city, with a focus on Black-owned and other diverse-owned businesses.

Wells Fargo Donates $20 Million to Strengthen Small Businesses in Charlotte

vGrant to Foundation For The Carolinas to be distributed as grants, not loans, to roughly 1,000 small business owners
Press Release

December 2, 2021 /3BL Media/ - Wells Fargo announced a $20 million donation to Foundation For The Carolinas to help small business owners in Charlotte own more of their businesses’ assets, such as property, equipment, and technology. The Foundation For the Carolinas will distribute the funding in the form of grants that do not need to be repaid, in an effort to help entrepreneurs build wealth through their businesses without taking on additional debt. The funding will reach an anticipated 1,000 small businesses in Charlotte over the next three years.

Smithsonian Latino Center Receives $2 Million Gift From Wells Fargo

Major Gift Supports the National Museum of the American Latino and the Molina Family Latino Gallery
Press Release

The Smithsonian Latino Center has announced a $2 million gift from Wells Fargo to support the National Museum of the American Latino and the development of the Molina Family Latino Gallery. The gift establishes Wells Fargo as a corporate founder to commit $2 million and a founding donor from the financial services industry. Wells Fargo is a corporate founder of the Latino Gallery and a founding donor of the National Museum of the American Latino.

Wells Fargo NeighborhoodLIFT Program Returns to Houston to Create 300 Homeowners

As Houston continues to battle COVID-19, $5 million effort will help residents with $15,000 home down payment assistance
Press Release

HOUSTON, October 5, 2021 /3BL Media/ - As the pandemic continues to put a strain on Houstonians, Wells Fargo will bring the NeighborhoodLIFT® program back to Houston for a third time to help more than 300 low- and moderate-income individuals get on a path to homeownership with $15,000 down payment assistance grants.

'It's Imperative to Support Small Business Owners During These Turbulent Times'

Viewpoints: Latino, Black, immigrant, and poor communities — and the small businesses within these communities — will bear the brunt of the short- and long-term economic impacts of the pandemic, writes Tom Espinoza, president and CEO of the Raza Developme

Our monthly Viewpoints series invites guest authors from outside of Wells Fargo to share an important perspective related to their work. Today, we welcome Tom Espinoza, president and CEO of the Raza Development Fund, or RDF.

Wells Fargo Helps Keep People Housed Through Nearly $11 Million Grants to 19 Nonprofits

As homeowners and renters face COVID-19 economic recovery, philanthropic funding will provide urgent housing counseling and legal assistance services to help more than 250,000 people stay in their homes
Press Release

SAN FRANCISCO. Aug. 25, 2021 /3BL Media/ - The housing crisis has been intensified by the COVID-19 pandemic and millions are facing housing and rental instability. In response to these financial challenges, Wells Fargo Foundation is providing nearly $11 million in additional grant funding to seven legal-assistance organizations and 12 housing counseling agencies to help keep people housed.

ideas42, Wells Fargo Aim to Tackle High Costs of Living in Poverty in the U.S.

Three-year, $15 million initiative taps entrepreneurs to develop new technologies to alleviate hidden burdens of low-income communities, improve economic opportunity for all
Press Release

SAN FRANCISCO, July 30, 2021 /3BL Media/ - Millions more Americans slipped into poverty over the past year, creating fresh concerns about deeply rooted racial inequities and structural barriers to financial prosperity.

Wells Fargo Donates Nearly $8 Million to Habitat for Humanity to Support Affordable Homeownership in the U.S.

Press Release

ATLANTA, June 24, 2021 /3BL Media/ - Wells Fargo today announced it is donating $7.75 million to Habitat for Humanity through its Wells Fargo BuildsSM program to increase housing affordability across the U.S. The grant will fund home builds, critical home repairs, and help address the historic gaps in Black homeownership.

Opportunity Finance Network Receives Largest Grant in 35-year History From Wells Fargo

$25M grant will target racial wealth gap and persistent poverty through Finance Justice Fund
Press Release

WASHINGTON June 21, 2021 /3BL Media/ --- Opportunity Finance Network (OFN) announced that Wells Fargo is committing a $25 million grant to its Finance Justice Fund to help tackle systemic barriers to capital in communities around the country.


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