icon-search icon-programRelatedInvestments icon-missionRelatedInvestments icon-lowIncomeHousingTaxCredit icon-technology icon-placeBased icon-loanGuarantee icon-minority icon-equityInvestments icon-close calendar chevron-thin-up chevron-thin-down chevron-thin-right chevron-thin-left icon-facebook icon-linkedin icon-twitter icon-youtube icon-caret icon-lock icon-star-in-circle heart-icon home-icon dashboard-icon messages-icon user-icon

Wells Fargo Awards $1 Million to Assist Asian American and Pacific Islander Communities

WASHINGTON--(BUSINESS WIRE)--Wells Fargo is awarding $1 million in grants to provide support for the Asian American and Pacific Islander (AAPI) community and small businesses in response to the COVID-19 pandemic and the recent increase in anti-Asian hate, discrimination and violence.

The Wells Fargo grants are being awarded to four organizations: the Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE), OCA - Asian Pacific American Advocates (OCA), the US Pan Asian American Chamber of Commerce (USPAACC), and Asian Americans Advancing Justice | AAJC. The investment is part of the company’s longstanding commitment to the AAPI community and our employees, and in recognition of Asian American and Pacific Islander Heritage Month.

“The $1M commitment was shaped by listening to and learning from our community partners and employees to support ongoing efforts for advancing meaningful and tangible solutions that will make a positive impact in the AAPI communities we serve,” said Kleber Santos, head of Diverse Segments, Representation, and Inclusion. “Against the backdrop of the disturbing increase of anti-Asian sentiment and violence, this year’s Asian American and Pacific Islander Heritage Month takes on additional importance and meaning for us as a company. We will continue to stand in solidarity with the AAPI community and use our voice and resources both locally and nationally to help advance the inclusion and wellbeing of individuals across all our diverse communities.”

Read more from BusinessWire here>>>