Wells Fargo 2014 Annual Report Download - page 17


Teamwork
The Kate B. Reynolds Charitable Trust
considers Wells Fargo Philanthropic Services
a valuable ally in its mission to alleviate
poverty across North Carolina.
A software problem with the state’s
food stamp system left scores of
North Carolina families without the
means to buy needed food.
The Kate B. Reynolds Charitable
Trust soon found a solution, while
working with WellsFargo, the
United Way of Forsyth County, the
North Carolina Division of Social
Services, several food pantries, and
alocalnonprofit.
“A family could get a voucher
for two weeks’ worth of groceries
from one of the food pantries,” said
Karen McNeil-Miller, president of
the trust—which was created in1947
to improve health care and help
alleviate poverty.
The trust has a track record of
having the flexibility to approve
charitable funding requests outside
of normal grant cycles. Karen
considers WellsFargo Philanthropic
Services and her relationship
managers, Sandra Shell and Chris
Spaugh, valuable allies in this work.
WellsFargo Philanthropic Services
helps individuals, families, and
nonprofits manage their charitable
giving programs. For the Kate B.
Reynolds Charitable Trust, that
includes serving as fiduciary and
reviewing every grant proposal
thetrust receives.
Since 1947, the trust has invested
more than $550million. One result
of that investment is its Healthy
Places North Carolina initiative,
which sends trust sta members to
meet with rural community leaders
and residents to find solutions to
health problems. Another initiative
is Great Expectations, which helps
to close the gap between financially
disadvantaged kindergartners in
Forsyth County and their peers to
prepare them for success.
“Our work is only beginning when
we issue the grant check,” Karen
said. “If you really want to help
change lives, you have to be in it for
thelonghaul.”
Karen McNeil-Miller with WellsFargo’s Chris Spaugh | Winston-Salem, NorthCarolina
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