Wells Fargo 2010 Annual Report Download - page 32

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
$4.2 m
every week
$600,000
every day
$25,000
every hour
Where we give
 Education 30%
 Community Development 28%
 Human Services 25%
 Arts and Culture 8%
 Civic 6%
 Environmental 2%
 Other 1%
Our community commitment
Social capital
applying our best thinking as
leaders in making communities
better places to live and work
Team member volunteerism
encouraging and celebrating the
good work team members do in
their communities
Financial contributions
giving with purpose and focus
Compliance
conducting business ethically and
responsibly according to legal
requirements and our own standards
$55million donated by team members during
annual Community Support and United Way Campaign
1.3million hours volunteered by team
members — Average value of a volunteer hour: $20.85,
equivalent to $28.1million in time contributed
$1.24billion* in Community Development
Lending—Includes a ordable housing, community
service, and economic development loans
$66million to educational organizations—
$17million in matched educational donation from
teammembers
Environmental progress
· $6billion in environmental fi nancing
· Set a goal to reduce our U.S.-based greenhouse gas
emissions by 20percent below 2008 levels by 2018
· New banking stores will use about 20percent less
energy and 40percent less water than conventional
buildings of the same type
* preliminary estimate; subject to change pending March 1, 2011, regulatory fi ling
Evita Butler, Augusta, Georgia
Wells Fargo contributed
$219 million
to 19,000 non-profits
in 2010, an average of: