Economic Empowerment CSR News

Domestic Violence Survivors Step Forward to Spur Public Action

New Allstate Foundation video series shines light on signs of financial abuse ahead of National Domestic Violence Awareness Month
Press Release

NORTHBROOK, Ill., Sept. 26, 2019 /3BL Media/– Terera[i] was two months pregnant before she realized she was being financially abused.

She was the one who paid the bills, but her husband would often physically block her from going to work. When she had the baby early and took a longer-than-expected maternity leave, she was forced to use her retirement savings to pay the family’s rent. With her husband unwilling to get a job, she had to apply for public assistance. But even then, her husband withheld critical information Terera needed to get financial help.

Wells Fargo Donates $600,000 for Revitalization Efforts in Los Angeles County

Los Angeles NeighborhoodLIFT® program awards local initiative grants to nonprofits serving the local community
Press Release

LOS ANGELES, September 13, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $600,000 in donations to local nonprofits to support housing, education and neighborhood revitalization for Los Angeles residents.

Wells Fargo Donates $400,000 for Housing and Revitalization Efforts in Sacramento

Sacramento NeighborhoodLIFT® program awards grants to five nonprofits serving the local community
Press Release

SACRAMENTO, Calif., September 9, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $400,000 in donations to five local nonprofits to support housing and neighborhood revitalization for Sacramento residents.

Homeownership in Dallas-Fort Worth to Get $6.6 Million Boost

NeighborhoodLIFT® offers homebuyers $15,000 grants for home down payments in the city of Dallas and Tarrant County; additional benefits for veterans, military, teachers and first responders
Press Release

DALLAS-FORT WORTH, Texas, August 28, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member Business & Community Lenders (BCL) of Texas today announced the NeighborhoodLIFT® program will expand to the Dallas-Fort Worth area to boost local homeownership.

Wells Fargo Donates $300,000 to Greater Orlando for Revitalization Efforts

NeighborhoodLIFT® program awards local initiative grants to four nonprofits, three grants to support the Parramore community
Press Release

ORLANDO, Fla., September 25, 2019 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced $300,000 in donations to four local nonprofits that will help revitalize Orlando neighborhoods through the Wells Fargo NeighborhoodLIFT® program. Three of the grants will focus on strengthening the Parramore neighborhood, and the fourth grant will support affordable housing initiatives in Kissimmee.

Duke Energy Invests Over $3.6 Million to Build Diverse Workforce of the Future

Summary: 
  • 54 organizations across six states to receive grants supporting innovative workforce education and training programs
  • Initiatives include efforts to grow pipeline of women, veteran and minority engineers
Press Release
  • 54 organizations across six states to receive grants supporting innovative workforce education and training programs
  • Initiatives include efforts to grow pipeline of women, veteran and minority engineers

Village Capital, MetLife Foundation, and PayPal Launch Finance Forward

Summary: 

Multi-year coalition will provide targeted business development support, grants, and equity to more than 100 financial health entrepreneurs on five continents

Press Release

Multi-year coalition will provide targeted business development support, grants, and equity to more than 100 financial health entrepreneurs on five continents

New Mobile Phone Services Empower Rural Businesses in Cote D’Ivoire

by Brian Doe, Regional Director for West Africa and the Middle East
Blog

Last month I went Cote D’Ivoire to visit Whole Planet Foundation long-time microfinance partner Premiere Agence de Microfinance (PAMF), who administers group microloans to rural entrepreneurs and farmers. This visit allowed me to observe the initial roll-out of a new mobile phone-based platform that Whole Planet Foundation provided grant funding to help build. The platform will allow anyone with a cell phone to repay loans or deposit savings into PAMF accounts without having to travel to a PAMF branch office.

Alaska Homeownership to Get $3.3 Million Boost

NeighborhoodLIFT program to offer homebuyer education plus $10,000 down payment assistance grants for Alaska homebuyers; $12,500 grants for veterans, military, teachers and first responders
Press Release

ANCHORAGE, Alaska, Aug. 7, 2019 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member NeighborWorks Alaska HomeOwnership Center today announced the NeighborhoodLIFT® program will launch for Alaska with a $3.3 million philanthropic commitment by Wells Fargo to boost homeownership.

Majority of Small Businesses Show Customer Appreciation by Giving to Communities, TD Bank Study Finds

In an increasingly digital age, in-person and written 'thank yous' still dominate
Press Release

CHERRY HILL, N.J., August 5, 2019 /3BL Media/ – According to a recent survey, 73 percent of small businesses provide support to local charitable and communal causes to show their commitment to giving back and to express appreciation to customers and the community. The study, conducted by TD Bank, America's Most Convenient Bank®, revealed that even though small businesses typically have fewer resources than larger companies, they still donate money, time and resources to support these causes.

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