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Wells Fargo Announces $50 Million Grant To NAACP

Published by: dailynews
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Today, Wells Fargo announced a $50 million grant to support the nation’s largest civil rights and social justice organization in its continued efforts to advance racial equity in America.

Wells Fargo’s grant will both strengthen the NAACP’s local units and support the organization’s plans to develop a new national headquarters. The grant will assist NAACP local units and branches across America by increasing essential staff to implement and sustain meaningful programming and will support their work to grow strategic partnerships with key businesses in communities across the country. In addition, at the national level, the grant will support the NAACP’s work on policy solutions used to address the needs of the communities it serves.

“We’re grateful to Wells Fargo for their donation, the single largest donation the NAACP has ever received from a corporation. These funds will go directly toward strengthening the NAACP’s grassroots network of local units and branches across all 50 states, as well as the work of the national NAACP,” said NAACP President and CEO Derrick Johnson. “All corporations play a critical role in our democracy. They must be engaged as allies in the fight to end discrimination — in our economy, in our justice system, across our society, and within their own services.”

Read the full story on NAACP here.