Wells Fargo Community Funding Council Announces 2017 Funding Focus
The Wells Fargo Community Leadership Academy (WFCLA), comprised of Wells Fargo employees from the Minneapolis-St. Paul area and greater Minnesota, annually awards small grants to nonprofit organizations.
The WFCLA was formed in 2017 after a restructuring of the Wells Fargo Community Funding Council. The goal is to create leaders at Wells Fargo who are prepared to serve as community ambassadors within the team member's specific business line or community; and who are prepared to serve on various internal and external community involvement committees as opportunities become available. An allocation of $180,000 from the Minnesota Leadership Council (MLC), which includes leaders of Wells Fargo business lines in the metro area, is used by the WFCLA to make individual grants up to $12,000 to nonprofits that meet the funding focus.
Wells Fargo’s primary contribution commitment in the Twin Cities and greater Minnesota supports economic improvement for low-income families and communities. Within this framework, the WFCLA has chosen the focus described below for 2017:
2017 Funding Focus
The Wells Fargo Community Leadership Academy will fund one-time, non-recurring expenses up to $12,000 for Minnesota nonprofits in the Twin Cities metro area and in specific greater Minnesota markets (St. Cloud, Mankato, Duluth, Rochester) that provide programs and services that reflect one of the funding focuses of the Minnesota Leadership Council: Workforce Development, Minority Small Businesses and Financial Education.
- In 2017, the WFCLA will fund organizations that provide financial literacy programs that promote healthy financial habits for young adults age 15-25. Examples of services and programs include the following basic financial concepts: Money Management, Establishing Credit, Retirement Planning, and Buying a Home.
- 100% of program participants must be low-to-moderate income. Eligible programs must have a minimum of three years of proven accomplishments and outcomes.
- Special consideration will be given to agencies serving diverse communities.
Please click here to apply and enter the invitation code: WFCLA2017. Applications without the invitation code will not be accepted.
Proposals must be received by 5 p.m. on Wednesday, April 5, 2017.