PHOENIX — Wells Fargo announced Monday that it would donate a total of $500,000 to several Phoenix charities.
In a press release, the bank said the donations will be made with an eye to revitalize Maricopa County neighborhoods. The donations are part of the bank’s NeighborhoodLIFT program, which provides homeowners with down payment assistance and financial education.
“Each one of these grants will help a great organization and address a key priority for our city – including support for veterans, education, uplifting women and families and reengaging under-served communities,” Phoenix Mayor Greg Stanton said in a press release.
“Through NeighborhoodLIFT, Wells Fargo is bringing our community closer together and helping Phoenix grow its economy at all levels.”
The donations will be made to the following charities:
- $125,000 to Native American Connections, which will help create transitional housing for homeless people
- $125,000 to UMOM New Day Centers to support transitional housing for homeless families and women
- $50,000 to Teach for America: Phoenix for workplace developments for teachers in Title 1 schools
- $50,000 to Greater Phoenix Urban League for business development
- $50,000 to One N Ten for housing for LGBT youth
- $50,000 to Arizona Women’s Education and Employment, which will help support women-owned businesses
- $50,000 to Mission Create, which will help veteran businesses