Wells Fargo establishes Environmental Grant Program with $15 million
June 07, 2012
Wells Fargo recently launched a $15 million grant program with the National Fish and Wildlife Foundation (NFWF). By 2020, the organizations hope to raise $100 million for the five-year program, which will award grants to universities and nonprofit organizations.
"The Environmental Grant program we are announcing today is in addition to Wells Fargo's enhanced $30 billion environmental finance commitment aimed at building stronger communities and accelerating a transition to a 'greener' economy," said Mary Wenzel, director of environmental affairs. "We're proud to collaborate with the National Fish and Wildlife Foundation in our efforts."
Together, the organization plans to help communities develop sustainable and environmentally friendly practices through the program's four areas of focus - agriculture and forestry sustainability, urban ecosystem preservation, land and water resource conservation and clean energy use.
Wells Fargo is also launching an autonomous initiative through which it will identify and support programs that are utilizing green practices in building design, clean technologies, reusable energy and eco-friendly transportation.
Nonprofit organizations and similar programs that require funding for their renewable projects can use grant management software
to audit accounts regularly, so they can execute targeted fundraising campaigns.