Wells Fargo & Co (NYSE:WFC) Donates $1 Million to The First Tee

Wells Fargo & Co (NYSE:WFC) has decided to donate a total of $1 million to the First Tee over the next five years. As per the report, the First Tee is one of the well-known organizations for youth development. It focuses on building character through the game of golf for kids at 175 different chapters spread across the country.

Read why analyst may see a swing in the momentum for WFC.

What’s Next:

With the help of $1 million fund donated by Wells Fargo, the First Tee will look forward to expanding its network by continued education, strategic direction, enhanced curriculum, training, and improved operational standards. The company will also work on enhancing national participant opportunities across the country to get maximum children onboard.

It’s not the first time when Wells Fargo has taken any such initiative. The company has a sound history of indulging into such activities to support local organizations in reaching the next level. With the help of this donation, the company has taken its initiatives to the national level. The First Tee has been working towards improving numerous young lives, which is something every organization should focus on in one form or another. It’s great to help it achieving its dream to make the youth of U.S. developed and well-grown.

The senior management of Wells Fargo seems delighted to announce this initiative. According to Jamie Moldafsky, Chief Marketing Officer, Wells Fargo, it’s a part of company’s initiative towards improving young lives. Wells Fargo is 100% committed to enhancing the lives of children in the country by taking part in various communities and supporting other organizations like the First Tee that work in the same direction.

Wells Fargo & Co (NYSE:WFC) will now work as a trustee, thus, has the opportunity to make a huge difference in the lives of thousands of young children on day to day basis. The company will continue to take similar initiatives in the future as well.

About the Author

Stinson is US Markets Daily’s Senior Producer for News & Public Affairs.

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