Wells Fargo Bank was awarded the inaugural Corporation of the Year award for their longstanding commitment to building stronger communities financially and changing the narrative on wealth inequality in African American communities.
This recognition honors the late Nathaniel R. Goldston, III, whose philanthropic efforts have advanced opportunities for hundreds of African American males through his commitment to numerous charitable organizations.
Brenda Wright, Wells Fargo’s Western Region community relations leader has worked closely with her team to manage the relationship between the 100 BMOA and Wells Fargo for more than 20 years. She has advocated for programs such as the Pathways to Success and the Small Business Idea Lab competition.
“The success we’ve seen with our investment in the students over the last few years, from the support with resume building to preparing and offering internship at Wells Fargo, has been invaluable,” Wright said. “It’s more than just money that makes our relationship with the 100 Black Men of America organization a success. It is the employee engagement, it is the financial education seminars, and it is the mentoring through our local chapters.”
Wright emphasized that Wells Fargo’s support has helped to address the racial wealth gap and create opportunities that equip African American males with leadership skills.
It validates what happens when you work to understand the needs of the community and the people we serve. That is how we find great success. In this instance, our success is measured by how we invest in the young people we mentor and how they are able to do what some consider impossible,” Wright said. “Giving is one thing, but it makes me proud to see that my colleagues are committed to investing their time. That says a lot.”