Wells Fargo gives $180,00 to Twin Cities-area nonprofits

Thursday, August 11, 2016
Print Print    Email Email

Share this...
Share on Facebook
0Tweet about this on Twitter

MINNEAPOLIS – Wells Fargo Bank on Tuesday presented checks worth $180,000 in grants to 17 Twin Cities-area nonprofits whose missions span a variety of focuses, from education to employment readiness training.

The grants were awarded through the bank’s Community Funding Council which funds onetime, non-recurring expenses of up to $12,000 for area non-profits with a focus on leadership and career development.

Joe Ravens, the Minnesota Region president for the San Francisco based bank and its senior vice-president for Community Banking said during a check presentation ceremony in Minneapolis that the bank always looks at how “we strategically impact the community,” and believes Tuesday’s funding will do exactly that.

Ravens, during a question and answer session from the non-profit leaders in the room said the large employers in Minnesota, of which Wells Fargo is a part of, are keenly focused on the educational achievement gap that exists in the state. Raven sits on the board of the Minneapolis Regional Chamber of Commerce.

Among the recipients Tuesday was Minnesota Kenyan International Development Association (MKIDA) which received the maximum grant of $12,000.

At Tuesday’s ceremony, 17 organizations received grants ranging from a low of $4,550 to the maximum $12,000. Non-profits receiving grants through the bank’s Community Funding Council must have a minimum of three years of proven accomplishments and outcomes.

MKIDA, which focuses on improving the educational, economic and cultural welfare of Kenyan-Americans in the state plans to use the funding to develop a youth career networking and mentorship program that is split into two parts, a face to face option and an online option to accommodate the busy schedules of youth and the adult mentors. The funding will also be used to build a secure website for the online mentorship and networking portion of the program.

“We are grateful to Wells Fargo and its staff for this grant and for believing as we do in the community we serve. MKIDA will deliver and we look forward to serving more in our program,” said Paul Morande, MKIDA executive director, after the check presentation ceremony.

With over 20,000 employees in Minnesota, the San Francisco-based Wells Fargo which has roots in the land of 10,000 lakes is the state’s third largest private employer.

1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)


About Tom Gitaa

Tom is the President and Publisher of Mshale. As the founder, he did a lot of the reporting during the humble beginnings of the newspaper. While he still does the occasional reporting, he now concentrates on the publishing side of the news operation.Tom was also the original host of Talking Drum, the signature current affairs show on the African Broadcasting Network (ABN-America), which was available nationwide in the United States via the Dishnetwork satellite service. On the show, he interviewed Nobel laureates such as 2004 Nobel Peace prize winner, Professor Wangari Maathai, the first woman from Africa to win the peace prize and heads of states such as the president ofВ  The Gambia, Yahya Jammeh at State House, Banjul. Tom has previously served in the board of directors of the Minnesota International Center (MIC), the sixth largest World Affairs Council in the United States. He has also previously served as President of the Board of Directors of Books for Africa, the largest shipper of donated books to Africa. He sits on the board of the United Nations Association.

You must be logged in to post a comment Login