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Wells Fargo Donates $3 Million to UNCF




Gigi Dixon, senior vice president, director of National Partnerships for Wells Fargo.

UNCF President and CEO Michael L. Lomax, Ph.D.

Wells Fargo & Company has expanded its support for United Negro College Fund (UNCF), the nation’s largest minority education organization, investing $3 million to help more African American students attend and graduate from college.
Wells Fargo presented UNCF with a check during the 34th edition of UNCF “An Evening of Stars,” the annual television special that will air on BET Saturday and Sunday, Jan. 26 and 27.
“UNCF is grateful for Wells Fargo’s investment in better futures for African American students,” said UNCF President and CEO Michael L. Lomax, Ph.D.
“By investing in UNCF, Wells Fargo is making a major contribution to helping students earn college degrees and to making the case for the right of every student to a collegeready high school education,” he said.
Wells Fargo plans to distribute $1 million annually to help UNCF support students who are earning college degrees and also fund college preparatory programs for high school students.
“We’re proud of our relationship with UNCF and the opportunities it creates for lowincome and underrepresented students to attend and graduate from college – one of the single most important things they can do for their professional and financial success,” said Gigi Dixon, senior vice president, director of National Partnerships for Wells Fargo.
The Wells Fargo investment will target UNCF initiatives that include promoting the importance of college education, college readiness, UNCF achievements and student success stories; helping students plan for college and learn about financial responsibility and management through the UNCF Empower Me Tour presented by Wells Fargo, a free, traveling college- and careerreadiness road show.
Wells Fargo will also provide financial aid to students attending historically black colleges and universities (HBCUs) through a Wells Fargo Scholarship Program and support more than 57,000 students who attend UNCF-member HBCUs.
“At Wells Fargo we’re committed to education and economic empowerment,” said Dixon.
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