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Wells Fargo deemed most charitable company in US

Wells Fargo

The study, conducted annually by the Chronicle of Philanthropy, found that Wells Fargo increased their corporate charitable donations by 50 percent, bringing the bank’s total donations to a whopping $315.8 million in 2012. Walmart’s donations sank by 9% from 2011 and totaled at $311.6 million.

$77 million of donations made by Wells Fargo (WFC) went to NeighborWorks America, a foundation that helps new homebuyers with their down payments, particularly in neighborhoods that were highly affected by the financial crisis and have seen high rates of home foreclosures.

Source: Opposing Views
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