Wells Fargo Gives $245,000 in Grant Money to East Bay Schools

From Wells Fargo

This Friday, Dec. 2, Micky Randhawa, president of Wells Fargo’s East Bay market, will present $245,000 in grants to 17 different East Bay school foundation representatives. The following are the school foundations and amounts to be awarded:  

• Alameda Education Foundation: $10,000 (to benefit Alameda Unified School District)
• Albany Education Foundation: $5,000 (to benefit Albany Unified School District)
• Berkeley Public Education Foundation: $15,000 (to benefit Berkeley Unified School District)
• Castro Valley Educational Foundation: $10,000 (to benefit Castro Valley Unified School District)
• Dublin Partners In Education: $10,000 (to benefit Dublin Unified School District)
• Emery Education Fund: $5,000 (to benefit Emery Unified School District)
• Fremont Education Foundation: $30,000 (to benefit Fremont Unified School District)
• Hayward Education Foundation: $20,000 (to benefit Hayward Unified School District)
• Livermore Valley Education Foundation: $15,000 (to benefit Livermore Valley Joint Unified School District)
• Milpitas Community Educational Endowment: $10,000 (to benefit Milpitas Unified School District)
• : $10,000 (to benefit )
• Newark Educational Foundation: $10,000 (to benefit Newark Unified School District)
• Oakland Schools Foundation: $50,000 (to benefit Oakland Unified School District)
• Piedmont Educational Foundation: $5,000 (to benefit Piedmont Unified School District)
• Pleasanton Partnerships in Education Foundation: $15,000 (to benefit Pleasanton Unified School District)
• San Leandro Education Foundation: $10,000 (to benefit San Leandro Unified School District)
• San Lorenzo Scholarship Foundation: $15,000 (to benefit San Lorenzo Unified School District)

Wells Fargo has a long-standing commitment to local education. In Nov. 2011, Wells Fargo announced that the company is donating $1 million to benefit education throughout the Bay Area.

Including the $1 million dollars, Wells Fargo has donated more than $13.3 million to schools and nonprofit organizations for educational purposes in the Bay Area, since 2009.  

The grants presented at this event are designated to benefit select school districts with significant enrollment from students coming from low-to-moderate income families.  

“By providing funding to school foundations, parents and foundation leaders can address schools’ most pressing needs,” said Randhawa. “What is most important is that the funds go where it matters the most — right into the classrooms with the students.”  

About Wells Fargo: Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 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 wachovia.com), and other distribution channels across North America and internationally. We want to help all of our customers succeed financially and create long-term economic growth and quality of life for everyone in our communities. In 2010, the Company invested a record $219 million in grants in 19,000 nonprofits, and team members contributed more than 1.3 million volunteer hours around the country. For more information, please visit: www.wellsfargo.com/about/csr.