Wells Fargo Provides $10,000 in Grants to Pocono Alliance


Funds will help create inclusive playground; support Bridges Out of Poverty initiative

Stroudsburg, PA – Wells Fargo & Company (NYSE: WFC) today announced that Pocono Alliance has received two $5,000 grants to fund initiatives that will address pressing needs in the local community.

One grant will help create Crossing Abilities, a safe, accessible outdoor playground that will enhance the quality of life for children with disabilities. The other grant will support the Alliance’s Bridges Out of Poverty, an initiative that guides low-income families towards self-resiliency.

“We look at these grants as an investment in the Monroe County community,” said Ron Schantz, Wells Fargo’s Pocono District Manager. “Crossing Abilities will be the only playground of its kind for 50 miles and will be a place where children of all abilities can share experiences with their peers. The Bridges Out of Poverty initiative will strengthen the social and economic fabric of Monroe County’s communities through education, training, and the development of social capital in support of long-term empowerment and self-sufficiency.”

“Wells Fargo takes an active role in the community and supports local projects,” says Michael Tukeva, Executive Director of Pocono Alliance. “They have been a champion supporter of Pocono Alliance for several years and we are very grateful for ongoing financial contributions and spirit of volunteerism.”

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America.  Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

In Photo: (l-r) Maria Schramm, Pocono Alliance PoconoInfo Co-Manager; Arthur Piancone, Pocono Co-Manager & Bridges Out of Poverty Facilitator; Priscilla Calvo, Wells Fargo Personal Banker; Camille Bastedo, Wells Fargo Service Manager; Ron Schantz, Wells Fargo District Manager; Michael Tukeva, Pocono Alliance Executive Director; and Felipe Gutierrez, Wells Fargo Store Manager.