Tag: Wells Fargo Foundation

More Than 50 Cities and Counties Are Set to Offer One-On-One, Professional Financial Counseling or Financial Navigation Services to Build Resident Financial Stability During COVID-19

Stuart Mitchell

National nonprofit organization the Cities for Financial Empowerment Fund (CFE Fund), in partnership with Bloomberg Philanthropies, Citi Foundation, JPMorgan Chase & Co., and the Wells Fargo Foundation, have announced that more than 50 city and county partner governments across the country are set to offer financial counseling and financial navigation services for their local residents in need. As part of this effort, the CFE Fund announced the selection of 31 city and county governments to launch a new Financial Navigator initiative, which will provide their residents one-on-one remote sessions to…

Read More

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help With COVID-19 Hardships

Stuart Mitchell

With record numbers of U.S. adults filing for unemployment, and many people facing a lower income amid COVID-19, the Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times. These efforts are part of the Wells Foundation’s $175 million commitment to help vulnerable populations navigate through the pandemic, with more than 3,000 grants awarded since March to address public health needs, small business, housing, and financial stability challenges. “COVID-19 is having an acute impact on millions of…

Read More

Wells Fargo Foundation to Provide Nearly $13 Million to Nonprofits Serving American Indian and Alaska Native Communities

Stuart Mitchell

To support greater economic empowerment in tribal communities, the Wells Fargo Foundation has awarded nearly $13 million to nonprofits supporting American Indian and Alaska Native communities as part of a five-year, $50 million commitment to expand its focus on tribal philanthropy. The funding will help increase homeownership, energy sovereignty and workforce development on tribal lands, promote development of native owned small businesses, and help build capacity for nonprofits to better serve their clients in Indian Country. “Wells Fargo has been serving American Indian and Alaska Native communities for more than…

Read More